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THE ATLANTA GEORGIAN. THE GEORGIAN’S RECORD OF MARKETS AND FINANCE )S * yosrs* fxprrliiDM Hiring markets In Atlanta and South has ma<la him a ran* ^ ogulzed authorltj In hla specialty. NEWS AND GOSSIP Of the Fleecy Staple. Little Tone Was Shown at the Opening in New _ York. undertone steadier Due Largely to'Excessive Rains in Georgia and Fa vorable Cables. „ writ? 1/*k4 WU» lock. A««. »* ,h<! “P* nln * JZ w*rk"t ,hewed little tone. The un- £*.. "tea.ly. 1-ut largely duo to tt- ning In ileorgln nud ftiToroble cn- ff? Builueai wns ctmdned to profeaalon- |U aguln. Tbe rotten nmrket iloen, not furnl.h life „f,, nnturn to call for comment *u E hwn dull nud nnrrow for a month ‘ Vaetuntionn nre ninlnly the renult of t^itonol* playing for « few point*' jwt flr# ( (ln t ]i,. imi* .Me nnd then on the Ur >lde of the account. The trade generally, la waiting for news pjfthe crop on which to hale new Ten- ipot duration, while It Is generally t Ur„ there will lie enough of the ohl crop So.? to carry the sp nnera Into the new 22"Md* eteadjr. which la re*ponal PV eicadluce* 111 the futures depart- “r’ere will npnnrently lie a acrainbh- for IM receipt* of new cotton, and It Is re- EU that there arc a large njmber of f„,ri la aoutbweat Texan paying lMte tarmldillln* lauded In Houaton for all DEALINGS HEAVY IN M PI Sensation of the Morning in the Stock Market Early, Mnta Wire to Ware A Inland. New York. Aug. 1—Liverpool future* pened steady. 2 up. At 12:15 p. in., I to 2 up iiikI .lull. Sales 6,000. Spots 1 up at 5.99. "turps due to come 1 to 2 up. Jverpool cabla says: “reatureless mar* York opened very quiet, '■* ' I/)- Inward. Wilson crowd sell|up a little. Look for quiet find steady market to ny a ml until bureau tomorrow. Sentiment seems to bo that bureau to morrow will be between Si nnd S2. This would not cause any particular chance lu prices. . New Orleans. Aug. 2.-C*bIea are about SCORED RIO ADVANCE right limy were due 1 up on New Or- J_> m r 1/ > ' >nns nnd 14 to 2% up on New York. Market Is .lull and easy. Shorts nre 1 aggressive on the continued heavy re it of new cotton In Texas and on the _ d weather. Spots nre quiet. Buyers nre working 011 one or two fair-sized lines •hlrh inny bear results later. Net stork cotton in New Orleans Is 24.555 bales, against 45.257 at this time last year. Amount on shipboard 6,793 bales, ngnlnst 11.71*4 Inst rear. f The ^weather map Is favorable except General Railroad List Some what Unsettled—Many Issues Sold Off. of the SPOT COTTON MARKET. wnptlmi. delivered on contract 8,300, Sror Orlcsns-iinlet, l»Hc. Liverpool— Barely steady, 5.99d. ttarauiiah—Steady, 10 9-16. r imta-Qulet, 11c. Louis—Quiet, 10%c. LIVERPOOL COTTON MARKET. Liverpool, August 2, 12 J5 p. tu.—Cotton. tpot business moderate, with prices atendy; ■IddUng uplands 5.99.1; sale* 6,000; Amer ican 5J00; speculation and export 600. nctlpt* 2,000; American none. " 1 otwned stead v. Previous Close. Close. 6.70-6.71 6.71-5.72 5.64-5.65 6.64-5.C5 5.60 6.60-6.61 5.57 6.56-6.57 5.56-6.57 III 5.56-6.57 6.66 6.58 6.67 ... 6.6*6.*~fSUj| - 6.6-»,*..6| 5.62-5.63 6.61-5.62 lipst.. .. AvfSSt-Mrpt.. le$t.Oot. . . INV.-JIU.. . Jan.-Keb. . Feb.-March. Stare* ‘ .!» . .5.67 Aprii-Mny.. TldseU ba barely steady. TODAY’S PORT RECEIPT8. i Private Wire to GIbert A Clay. New York, August 2.—Liverpool at 12:30 p. 1. was 2 up. Was due 2 to 1 up. The Commercial aaya: “Price told aome spot cotton yesterday, taken up on August tenders. Bears estimate August receipts new cot ton nt lOO.noo bales. The buying on opening was small And scattered. Nordon was principal seller. v **~ York, Aug. 2.—Carpenter. Bsffgot 4k “It looks now as If the offerings season would be reduced as com- nnreu with other yenra on account of the financial Improvement (n condition of plant ers nnd merchants of the Bonth. We would suggest that It Is time to be careful and conservative nnd Indulge In only moderate trading." Diek Bros. A Co. any: “There la little to situation Just now. A bureau report of hope of a very large yield. It depends en tirely on whether n trader counts on a crop disaster or not when It comes to choosing sides In the matter." The Journal of Commerce says: “The strength of the dry goods market was real nnd plainly apparent. Buyers proceeded to goods to meet their needs without a to opinions ns to cost of production -*«-- re# *- **-- . _lp_ were supplementary to those 01 four or five weeks ago. The buying has not which show conclusively that stocks In Jc hers’ hands are not large nnd that manufi., turera are well provided with orders for the next twenty dayat“ New Orleans, Aug. 1—Liverpool 2 nn .. npnroxlnmtely os due nnd should be with out effect on ouy opening. ther maturity of the pi . The following Is from Ilungerford, Tex. —. .^1^ here; ^erybod. ..... bales hava bean short .time gins will be _ lender, Tex. “Preparations are being made to harvest the splendid cotton crop now maturing In ds locality.” . . . _ , , Some further covering by Bhorts today is causing steady market. Weather fine and crop news from all sources excellent. LELAND'8 DAILY COTTON LETTER INTERIOR MOVEMENT. The following table shows receipts nt tho “tenor town* today, compared with the day last year: tefc'v: Louis. . . Cbrinnttl. . Total 0IKRT A CLAV'8 DAILY COTTON LETTER Orlran,, An,, 2.—Knrlv rnM.* re- {Wieu a featureless market, but toward °Pt* 0,| a, considering the narrow- °v,market, cased rather unexpcct- J2J; “P* 1 Prices lielng unchanged to a HJ 1 hrwt sales continue fair at yjjj t “ *** ‘flotations being advanced 1 !*«*}}! ri?ere was no change from the thJFT. r ,,u11 monotononr market SfL 1 *” the rule of late. .Covering &ra£*u ll( ‘ inalntalna a steadiness of ofVh’. ,!. h r , w ^ n In** of Interest ew lu «Hgnant tTP* prevailed. How- tnmr’.i ** government report to be Nsued 2EST *< II oVIock '(our llmo, |, ,.j. "hnke off wimp of tlio mnrkWs ,n, " Mt ,10W *° •* rfporteit In no*rl, Mr: r; ,iu ‘ iwit - »«<i «d»i«* to. r * l, * r *i- Ike nt«ll,D«i of crop no "' with «*tl«f*ctlon th. Sr. I* l ,r "*r'>» mud* dart off the pe*t few -f mjrtlae. lUrdlr * rompUInt I* to J n « tho imlformftjr of tbe ftrora- ,,r the report*. COFFEE MARKET. lro7.. V .''. rk ' ' l,f t 2.—Tbe openlns lii mf- rn S”*™. »t «n *drenro of loffis point* I! notlvo liull ill],port nu.l In- w hloh *oom«l to tie on- (•■•re 7 t* offl.'i.i ronflrautton of tlio nTto-Zj*?, relerlMtlon bOL Ilarre fw, .1. j^tttlni e*rl,. bat ralllc, le>- h, ti.ro ": r ." .'h' loon I openlne. Tnid- f«lrlr ectlre, end the m*i to. ■hrok..., tefher.. . *’ " clo » w l steady.* H okj! Opening • lunge. ....T^>-7.M .*..7.1*7.69 ...7.66 .. .7.<E-7.**^ . .?.» ....7.M-7.M . .7.M . .,7.06 7.26 Cloae. 7.M-7J5 .. ..7.2*7.60 7J0-7.60 -e..7.« 7.0*7.10 7.10-7.16 7.1R-7.20 7.25-7.30 New York, Aug. 1—Tho effort made to advance the market shortly before the close last night, through the purchase of a large quantity of October, wna In a measure successful, nnd the operation wna repeated this morning. As a result, Octo ber rnu up to 10.27, or, rather, was ad vanced to that figure, after which the entire market lapsed Into dullness, and tha recovery was lost on a few hundred bales toward the latter part of the first hour. There seemed to uo few covering orders ns n result of tho manifestation, and this Indicated the generally cvcned-np character of the market at tho preseut time. Ilwiry rains In some parte of Georgia served to help the early buyers, but after tho buy- era had obtained about all the cotton they cared to look after, no one was found to take the stuff off their hands. Some look for a decline of 2#?3 t>olnt» In the condition tomorrow, while others regard It more than likely that the deterioration Will bo found unimportant. Should this, latter prove to be the case, a decline In the market Is to be expected. In the menutlme, no one cares to operate extensively. COTTON SEED OIL MARKET New York, Aug. 2.-There was no activity In the market for lluswd-oll yesterday, no sales being recorded* despite steady price# on all deliveries. August remained Urra.i J gnd there was some bidding for that deJ ■very. There was practical y no apecuj sting* however, as the trade Is still swalti Tug the movement of the new croa Morel Interest la also centered In Reptetnber and October . deliveries, In which there havel been large trade*, particularly th«lr i were moderate yesterday with positions 1 Leland. . Utter. ...th near light offerings.—Ware & August September.. October.. *• .. •• •• •• November.* .. .. *• -- Dmnl-t January.. .. Clo*ed *tMdjr. STOCKS REVIEWED BY NEW YORK SUN N.w York, An*u«t J.—Tho Now York. Ban rnin: In *plto of tho nn*of(lojl fo-lfnff ■brand malting from the dl.tnrb.tim la Rn**l*. tho ronrkot horo oponrol with nn nil-round ndranoo *nd notwllh*t*itdln, n fair rnlnm* of milling ratttnod ■tronictli throojflinnt tho ontlre *o* Bnrm.lro tmr.t* of ntraairtk wrourrwl In, tho dnjf. nnd whllo onch wn* nrnlled of for proIU-tnklnk. »b ramnPjn. •• thin onn*oil wore *poodily rounvorod. Eron *t the i-lnno, thero w,. nlmojt konerjl •tronkth. nlthnukh the rnlaino of proat uk- Ink In tko loot hour wno Inrko. I-millnk honoo* roporP.I o I.rk-r pnrtldpntlnn on tho part of the pntdlc than on nn, other iln, for oovoml week* po»Mwhilo the bom- tier of loqntrto. roratro,! front ont-of-town IrTdlratod th- proltnlillll, of . Mrjbnr In none of pnbllc Intomt. If" 1 .' 1 '"' -•* F bn,or of ntook* In onr ntnrkoj, t»ktkff » cuuotdorahlo annrant of Btoot. Too dorlnra. tlon of n dividend on thto otra-k nnd the publication of tho onrpri*tnkl,Eorol*latro J tont of tho corporation ■ enrnlnko for the Srl» qwrterdH tnoro to otlinaUto In- tornt tn the market ttmn oil tho otbor now* of th* do, combined.' -Albert A «»,. . PRICE CURRENT CROP REPORT. (Inrlouotl. OMo, Au*. Cwroat: Free mnrkotlnk of winter whoot. It*ln damage unimportant. Spring *rl»e#t In^ flne promts*. < orn making gop4 lloktnf tdS.OOO, oknlnot <*>.** GIBERT & CLAY 14 *• AUftAHA I STOCKS, COTTON. coerce, provision* ATLANTA, OA. r '£ jSkrSSSL f *<e»l and Una OliUnc* TdliphoM 529*1' IUC “° w*. R. FAGAN, M»n»n*rw : ssss^ar OriraS; IIoTrd of '1 raoe.|,Inltoalon Co,to* Exdunso. By Prlvato Leased Wire. New York, Aug. 2.—Tho disturbing news from Russia agatu served to unsettlo the foreign markets ^fhls morning. While there was no great decline In Ilusslnu BO' curitlea nor heavy liquidation In other parts of tbe list, prices were lower. The Bauk of England reported n small shrinkage in the proportion of reserve to liabilities, gold ements con -..certain fee In financial circles abroad. Oirr iimr*,-., however, wna really very little Influenced by these foreign Incidents. It was In terested chiefly In the rumors which were circulated yesterday In connection with tbe movements of Individual stocks, nnd on the question of whether the general list had not risen enough for the time bflng for some reaction to be fn order. St. Paul stock rose again In the early dealings over 3 points, strengthening the opinion that tha stock was In urgent demand for some purpose, which, when disclosed, would Justify a much higher level for the share* Iu the market. The buying for on ad vance waa resumed In other part* of the list during tho first hour, but from the outset It was more than offset by heavy realizing sales. The market for the first time lu a week looked really reaction ary, and by noon all down on the day. In the stock market, Chesapeake nnd Ohio and Reading started in He higher, and St. Paul gained at the outset. The majority or Issues showed flight re cessions. ns compared with yesterday's final. Southern Pacific and the Steels lost %c. St. Paul took the lead at the very loginning, and In the first five minutes of business had gnlned 1H net, touchlug the highest figure of the movement. A lower range of prices from Ieondon nnd expectations that the heavy iiroflt-taklng of yesterday would be followed by further Paul turned prices upward T»efore 11 o'clock. The trading In St, Paul, how ever, waa the sensation of the morn lug. Dealings wero extremely heavy and many observers regarded tho buying ns somewhat competitive on the part of the Standard Oil nnd the Union Pacific Interest. On heavy trading. It advanced to 188H- Heavy selling then set In, but this In turn was followed by Irroghli.. Isfi recoveries. Reading was decidedly strong, under renewed pool operations. The Paul nnd the fear of unfavorable market complications, and many lasuea sold off fractionally. LONDON 8T0CK MARKET. STOCK— Anaconda..... Atchison Canadian Pacific 1< Chic., Mil. and 8t. Paul.... U Erie do, prafarrtd.. .. .. ..... Illinois Central., Louisville and Nashville.,.., New York Central Pennsylvania Rending „ ... Southern Pacific,. Union Pacific .. ..... United States Steel. . . . do, preferred COTTON ADVANCED ON BULL SUPPORT Tho*’ r *roaU advance' in cotton yeaU was due more than anything else to sup port from tbe buU leader and buying by some shorts, who ware disposed to reduce port from tbe buU leat some short*, who ware __ r their contracts. Contribntory Influence*, however, were better cables from .Liver pool than expected, and strength In the apot business, bullish reports from the Atlantic states, where hara ralna were re- ported, and buying by spot Intersts. The monthly report of The Journal of Com mere# was better than expected, showlns a decline In the condition within n month of only 1 per cent, and a private crop re port was Issued by a commission house, WWll £ ‘jnV’V'u, 0 ; month ago, nnd 75 a year ago. These re- ports were regarded as t»earlsb, and caused aome to raise their guessea on the condl tlon to be given by the government Fri day. New'cotton Is beginning to move more freely. Houston received 231 bales new cotton. Galveston 4 and Taylor I, nnd a comparatively ltl»erol moremrnt of the new crop In Texas Is expected In the near future. Tbe south sold and tbe Russian new* waa anything but favorable. On the decline, however, the bull leader gave support, and more or less covering oconr- red, whereupon prlees qulekly rallied. Leading spot intersts bought, and there waa a certain amount of commission boom i,urine. No decisive change In prices la looked for until the government report Is received, and. perhaps, nothing very star tling will occur then."—GIbert & Uay. Orleans, August 1—'The Tlmea Dem- aays: "Under the gentle spur of ex panding belief In a bullish bureau, yester day'* cotton market advanced Just enough among scalp- .... . Nobody dug very ily Into tho logic of the thing. It Is hardly possible for the ti condition au to Indicate . _ Justifying encouraging S ” eld proapects, nor Is ft nn easy matter r boars to prove up grounds for trade pessimism in the trend of European event*. Meanwhile, the weather Is good enough, the price Is high enough, the farmer mid the spinner are confident enough and the feature, at least, warrants hope of con tinued prosperity. But lower prices for cotton must obtain before.speculation will bob «p again, unless* of lymraa. the bulls manage to pull off the Muted crop scare before tbe harvest time shall have come and gone.*’—Ware 4k Leland. THE LIVE 8Y0CK MARKET. By Private Loan Wire. Chicago. Ann. 2.—Hogs—Estimated re- *ay 1L006. Market dull and steady lower; quality fair; left over li.. reipts today to shade l«ii* co, H<wmj »*••• * «*» « 4S2; bulk *.2ftt«l4S; estimated for * - — —— —. - mixed 63.M*i5/j9: |K-» row 16,000; light 66.SU6.72H; mtxe,! 36.100 55; heavy |5.»6«.60; rough I5.IWUI; pigs rorkers f6.6666.i0; good to choice ^Ttle^Estimated reeeipta 6,006. Market steady; quality fair: beerea 16.40; cows flfi 4.25; heifers 62.2606.26; calves $5.76: g«se 1 prime steers 96,41; poor to meillum f3.70d6; Stockers and ft^lera LM i»4.25. Hbeep— Estimated receipts 10.0M. Market •adr; quality fair; native S2.Wr5.tt; wc*»t- n 12.9066*26; yearling* rl.40^«.i>; tattW 54tr7.76; weatern 11.7 -^5.50. ✓ RANGE OF NEW YORK STOCK MARKET menenn Sugar \tetluing .....V.*!*!!!!!!!!.!. Atlantic Const Line Auneomla American Locomotive do. preferred American Smelting Refining. ’ preferred AltttU- do. preferred..,.. American Cotton OH Baltimore nnd Ohio * Brooklyn Rapid Transit Canadian Pacific Chicago nnd Northwestern Chesapeake nnd Ohio Colorado Fuel and Iron Central Leather do, preferred..? Chicago nnd Great Western Chicago, Milwaukee and Ht. Paul..., Delaware nnd Hudson...., Distiller's Securities Erie do, preferred........... General Electric............ Illinois Central American Ice Securities I.oulsvlllo nud Nashville Mexican Central.,..,.. Missouri Pacific.. New York, Ontario and Western.... National Lend Northern Pacific York Central. Norfolk nml Western Pennsylvania People’ " "» j P r ® Pacific mi Reading Republic Steel..... ..' . pre ferret! United States Rubber ; da, preferred....,..., Southern Pacific Southern Railway do, preferred Slosa-Shcffleld Tennessee Coal nnd Iron Texas nnd Pacific . Union Pacific United States Steel do, preferred,... ' 'i-Carollna C* preferred... Western Union .... Wabash do. preferred., Total stock sales today 1,262,800 shares. OpenjMIgh Low (Tse |tl>| < i * 1-27r| 103*41 JOT M3 I 101 1 ill 112 142V* 112 142^ 142 ' Hl% 1»L 13U j 1377*1 lS&Vj 13>H 12k V* 27.3^ 2604 Ju 2594 27.3*4 25s« t 714 714 70 704 704 I ...rn..... ..... iu iu 1564 1544 1644! 1544 155 * ‘ ‘ 1174 1174 || 1 RANGE OF THE COTTON MARKET AT NEW YORK. The following la tho range la cottoa futures Iu New York today: Lust Previous Open. Illch. Loir S-»la Close. Close. Aug. . 9.90 0.99 9.97 9.97 9.96-97 9.96-97 Sept. .10.10 10.10. 10.08 10.09 10.08-09 10.12-13 Oct. .10.35 10.27 10.22 10.23 10.23-24 10.25-26 Nov. . 10.25-27 10.27-39 DM. .10.* 10.36 10.S 10.33 10.33-33 10.14.35 Jnn. .10.* 10.40 10.37 10.S 10.31-* 10.34-40 Feb 10.40-43 10141-44 M*r. .10.00 10.60 10.45 10.48 10.47-48 10.00-53 Closed steady. AT NEW ORLEANS. Last Previous Open. High. Lour- S*le. Cloae. Close. Aug. .19.43 10.46 10.41 10.41 10.40-42 10.43-49 Sept. .10.29 10.29 10.29 10.24 10.27-28 10.29-81 Oct. ,10.31 10.22 10.18 10.19 10.19-20 10.21-22 Nov 10.21-22 10.23-24 Dec. .10.34 10.26 10.22 10.22 10.22-23 10.24-26 Jan. .10.30 10.30 10.28 10.28 10.28-3! 10.30-82 Feb 10.16-87 10.87-39 Mar. ,10.46 10.46 10.44 10.45 10.44-46 10.45-46 Cloeed quiet TIPS FLASHED From Wall Street. Private Wlro to Ware & Leland. * ' nlk on r. Tho Morgan connec tions \o be on the vergo of nn upward movement. The buying has beeu good dur ing the post week, according to a special ist, who reports accumulation. The figure of 50 this week for. United States Rubber is being predicted this morn ing lu prominent Institutions. A million aire close to the Insiders Is going on record that it Is one of the best Industrial pur chases, and ho says It will soon go on a dividend basis. The earnings fully Justify S or 4 par cent -ij; Thera fa evidently a strong effortjto ere- bullish Information idpmatlve element to put It higher, are persistently hluted. 8t. Paul a i have maintained for a long time th atilt bullish feeling on Ht. l’nul. Wo noto the circulation of \ery bullish Information ' g houses. The stock Is hardly nt- Jor the Individual Investor at pres ent prices, but tho scarcity enables the mn- 1 ‘ ~mt It bigtor- Deal* ** "i friends that tbe atook waa worth 200. Bank rate unchanged nt 3% per rent. London M to ** off. consols H off on re ports of mutiny on Russian warships. Selling by London likely, and reactions can l>e expected nnd may bo ndvisnblo to ~or them. There Is bullish talk on Louisville and Nashville, Atchison, Isaonri Pacific, nml Knty. In fact, think wait rjM ! il the low-priced rails will become morn active and look for good buying In' stools should they work off, but on sharp ad- auccs today would take profits on every- iilnr. Tht-re la talk of a stiff advance In Chesa- B ,ke on big earnings, t. Paul Is likely to cross 190 today and rry tho balance of the market with It, aa t. Paul seems to be aenree. Believe Improvement In price* will Invito profit-taking In stock* and »om# irregular ity. Splendid report* of railroads and In dustrial companies will have a good effect and look for higher range In tho Immedi ate future. American stocks In London lower, 14 to Russian warehlpa have _ aid rebels. publicans turned down tariff ro- Action to teat stamp law regarding shares of lesa than $100 par value. Banka with New York city deposit* that did not bid for city bonds likely to be pun ished. Reported aome arrangement strived at with holder* of Wabash debeaturoa. - London market selling off on unaatlsfac- try Russian ixmltlon. Strong demand for Panama bonds from national banks. Twelve Industrials advanced L21 per cent Private Wire to GIbert A Clay. New York, Aug. 2.—Daniel Odell A Co.: “Specialty operations seem to ua likely to bo more prominent In the wav of Im provement In tho stock market (luring tho remainder of the week, while Issues .Unit have had sharp straight advances should have specific recesslous, upon which they should again be bougnL for a turn nt least. We continue to bo conservatively bullish on the genorn! stork market, but would not ignore reasonable returns on- bulges." .Stock market stnrted too fast. May re act n little further. Marshall. Spader A Co.: “The Russian sit uation looks extremely Imd, hut we canuot yet believe otherwise than that the gov ernment will finally control whnt la aow o small revolution. The action of the Lon don ninrket this morning nnd the docllne In i*o 11 so Is may reflect some nmm-h.-mdon, nnd If tbla be also noted In Paris our mar ket might easily show some tenderness dur- lllg the till v ” Strength In 8L Paul believed to bo due to actlvo covering of abort Intereata. THE METAL MARKET. flr Prlvato Leased Wire. New York, Aug. 8.—Tbero waa a decided ly firmer tone In tin, duo to the pr/monnred strength In the foreign market Spot and ii'-.'i r '• v del! very were nt. > t e Copper firm, but unchanged. LIVERPOOL GRAIN MARKET. Wheat opened H to H lower; 1:30 p. m., urn-hanged; closed >* to 4*, lower. Corn opened to H lower; 1:3*) p. m., % higher; closed U higher. NOTES ON GRAIN Pointers on Provisions. — Wire to Ware & Iceland. C hlengo, Aug. g—Wheat broke on aome Selling by recel*Jng houses with the crowd trailing. A little hurtng of wheat now by few locals who sold yesterday. Wheat has had such a severe decline that a rally Is certainly In order, but do uot look for much of one. It looks ns If corn and oats would ilo better. Home serions complaints on ccrn from central Illinois. Would favor buy ing May corn. The market was steadied by Finley Dar rell taking 250.OW December corn. OutM-Ie of that, very little doing. Oats opened n shade higher on commis sion house buying. Free soiling by re ceiving houses eausod break. Market now steady. Trade light. Provisions opened higher on buying by packers and covering by shorts with sell ing scattered. Lighter stocks of provisions thr- * * G ■* i Chicago Intor-OeeaiTr 'bats port basis, and New York sold 200.000 mixed to Franco. This was the flrat sale re ported lu months, there were more bids closer to the market than exporters hare known of late, and with any further de cline a oood export business is anticipated. Russia Or not offering oats freely, nnu cron and trade conditions there ore against a largo movement. Thornton, of The Dalatb Commercial Record, cellmates tbe wheat cron of three . states at 206,000,000 bushels, .000 Maarr* * , , n trade w showing of the monthly stock statement. Stocks of lord aro 14.0u0 tierces, and rTTis 2.000.000 pounds less tbV) oxpected. Lard stocks Increased only 2,000 tierces of con tract last month, nnd short riba 4.3no,ooo pounds. Pork showed practically no change In contract nnd other pork decreased 000 barrels. Stocks of all meat* docrensed $.000,000 pounds, and nre 101,719,000 pounds compared, with 130.708,000 pounds last year. The only delivery on August contracts yesterday was 6,000 bnaheis of oata. . Lako rates were lfetflWc bid In some Instances for corn to Buffalo, with charters for S5.00Q bushels of corn and 100,000 bushels otoat*. their corn more than a mofith s| tlclpatlon of crop dnmngo lu central 1111- nola through drought. Roi ‘ shipping stations of cn * erop n came out yesterday through Nash Jt and ‘a half dozen brokers. Barf- lett-Frailer bought the greater part of tho line. Cash snips of wheat at Chicago were 115,- 000, Including 60.000 bnaheis No. 2 hard, 50,000 liusliels No. 2 red, the balance bo ng mixed lots. Private Wire to GIbert A Clay. Chicago, Aug. 2.~Cables In wheat are only fractionally lower. No further sen sational news from ltussln. Prices hero likely to open a little higher, but ace small prospects of any advance being maintained In 'face of continued movement. Pressure of corn comes chiefly from tho bcnni In nn effort to dislodge country holders. Do not believe It will succeed, ns farmers In this state have every reason for bolding northwest •p. . :lo more. Chicago Itecord-IIerald: of cheap wheat of Its “Nebraska hard As soon WHEAT OPENED FAIRLY STEADY Started Unchanged But La ter Sold Off Half • a Cent. PIT CROWD ‘SELLERS Buying Scattered—Cl 0 s a Was Fraction Lower. Com Was Up. By Private Leased Wire. Chicago, Aug. 2.—Market opened fairly steady about unchanged, hut sold off shortly after opening on heavy welling by tbe pit crowd. Buying Is scattered and un important. i ora broke on heavy selling by commls- n houses. The crowd had tho corn they iffbt on dry weather predictions. There was n recovery later and the close showed a fraction gain. Tho Price Current wae construed ne bull ish and brought In big orders, while the fact that exporters were In the market for oats and buying for Franco was an addl- tolnnl help. Fort Dodge, Iown. wired: “Farmers refuse tc sell nt these prices; do not look for m*^.n of a movement un til prices advance." Cash sold lower again today, hut tbe Im pression prevails that If further declines ap pear they will not be rxtensive. Tho packers forced the buying esrly In lrnvlsluns, compelling shorts To rover, hereby creating advances nil sround with the Cudahys taking lard. Sentiment Is not pear so bearish and It Is possible thut higher prices will be witnessed. CHICAGO GRAIN MARKET. WHEAT— Fept.... 74 pee.... 76H May.... S0V% CORN— Sept 49H pee 4674 May._. 47H OATS— Bopt SI Dee May 33*4 PORK— RepL. 16.55 Jan.. 14.25 LARD- Ropt.. 8.674 HIDES— Bept... 8.934 pet.... 6.70 Jan.... 7.66 High. 744 76£ m 49% 31% Low. Close. Close. 73H 76 794 73% 804 494 46% 474 <7% 80% 31% 834 8.65 8.724 8.10 SOUTHERN EXCHANGE Oldest Established Office South. COTTOU-'-STOCM- —BONOS—OTAIN Ground Floor Gould Dulldlng. Dally market letter and market manual mailed on application. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corrsspofldsot’s Capital $250,000 RgfgRgNCK. THC NKAL BANK PHONE MIT. PRUDENTIAL BLOO HUBBARD BROS & CO, COTTON •9 MERCHANTS Atlanta OHicts, 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. Hualnesa solicited for the above exchanges. Direct wire service. Correspondence invited. Phones 45t, Long Distance 39. A. S. Hu.tare. Mgr west, thero will b# _ L .... her dellrory nt Mlnnonpolls to about 2'03f» below Chicago. Tho hedging sales will be made nt Minneapolis until that market got* well below Chicago, when tho hedging will be done here. The northwest will have In it-1 in-in Ir Mint <'lilmgo elovator people wilt not pay liny preinluui* this year fbr spring wheat, ns they already have their houses well filled with good winter wheat. Minneapolis will have to take core of her own wheat.’* Hales of cash grain Id Chicago yesterday urns 156,000 bushels. PRIMARY MOVEMENT. The following figures give the primary movement of wheat nud corn: Wlwiit Iferelpt H today, l.L'.WGO bushels, against KW.ooo bushels last year; shipment# today. 821,000 bushels, against 611,000 bush els Inst vear. Caro—Receipt# today 3W.000 bushels, against 862.000 bushels Inst year; shipments today 26.000 bushels, agnlOtt 242,000 bushels last year. CHICAGO CAR LOTS. Today. Tomorrow. CENTRAL BANKS TRDST CORPORATION, CAPITAL $500,000.00 If you contemplate opening a new account, or changing your ] banking arrangement, and wlah to connect youraelf with a atrong, i alive bank, fully equipped to eerYe you aa your bualneea JuatltUa, wo Invite you to call and talk tbe matter over with ua. Aaa O, Candler, Pr.ald.ni, W, H. PaHaraon, VIoa-PraaldanL A. P, CoIm, Caahl.r, John •. Owana, Vlea-PraaldanL Wn. D. Owen, AaaL ATLANTA NATIONAL BANK ATLANTA GA. C. B. CUSRISSf Praaldant A. E. THORNTON, Vlc«-Pr«ld.nL H T. INMAN, Vloa-Praaldant. QEO. R. DONOVAN, Caahlar. JAMEt I. PLOYD, Aaa’t Caahlar. Capital 8500, Mt.M Surplus and Undivided Profits. $500,000.00 We Solicit Your Patronage. Frank Uawklna, Pr.tld.nt. H. M. Atklntoe, V. P. Tnuma.C, Brwln. Aaat Caahler. Jo*<ph JL McCord, Caahltr. n. W. Bjr.r*, A**t Caakler. ■ Third National Bank Capital Surplus Dr. A. W. Calhoun Milton Dnrjran. John W. Grant. II. Y. McCord. DIRECTOR81 Frank Hswklna. I! M. Atkinson. Joseph A. MeCord. $200,000.00. $300,000.00. J. IL Nunnalty. J. Carroll Psyaa. MADD0X-RUCKER BANKING CO. Hem Orlttm. WARE & LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, No. 2 Will SI.. Point Bjibing, Atlulo. Co. MUBINS: How York Cottoo fifbq» CbUtgo Bond of Trade. Now Orleant Colton lichangt. Chicago Sink Itthange. B litttpool Coffos Attociailoo. Ntw York Collar Inhango. Brittle flO !• York, Mem Orltont. CkUago. •• C C01 BEAN, Manager, tell Pkoee 1262. Standard Phone m. CAPITAL SURPLUS AND PROFITS $200,000.00 $500,000.00 ACCOUNTS INVITED We invite accounts of individuals, corporations, banks and bankers and offer the best terms consistent with conservative banking. \ 1, m Miiiiiflttkittfltaii WBilrt mot