Newspaper Page Text
l 'v7i'v Vl r‘ V r,u * rt * clay.
i.- LI " r P<x>l at 1S:M p.
r ** 1014 up. Was due unchanged,
?/ • oul £ cotton, but local
— ‘••T-n,, nB uandlnj the Is-
It Showed More Favorable
Conditions Than Had
Been Expected. *
started LIQUIDATION
In Last Hour Market Was
Semi-Demoralized and
Sharply Lower.
tj Print* Lotted Wlr*^
The crop reporting board of the bu
Min of statistics of the department of
arntta of the bureau that the aver
an condition of cotton nn'Juljr 25 was
aa compared with >1.1 on June 25,
[hi- 79.9. July 2S, 1*05; tl.t at the
corresponding date In 1904 v and a ten
year average of 12.4,
Kew York, Aug. *.—Immediately fol-
kmlng the publication of the'erop re
port there waa light decline. Prlcea
evident!'- were nutalned from some
Quarter, but bear preaaure quickly ss-r
Kried Itself and there waa a break of
f to IS points In the new crop months.
The report waa better than expected.
Business was on a fairly large scale
and consisted mainly of professional
dealings. Room bears seeking to un
cover stop orders and the leading bulls
furnishing most of the support. Later
this was supplemented by room cover
ing and prices rallied several points.
The market at New Orleans dropped
I points on the report. ,
Two Influences worked to make a
slightly more active market for cotton
futures. The first was an encouraging
set of cables from the English market;
the second a government condition re
port more favorable than had been ex
pected by the trade.
On the better Liverpool, New York
opened steady and unchanged to an ad.
vonce of 3 points.
On the government report there was
a slow decline, a recovery and then a
sharp slump, on the theory that the
government's figures Indicate a good
crop.
After the Issuance of the report the
market, while hesitating, showed a dis
tinct downward tendency, which gath
ered force as ths session advanced, un
til. In the last hour, the market was a
state of aeml-demorallsatlon, with
prirea declining at a rapid rate, Octo
ber and December selling under tho
10c mark, or 20 and 34 points lower,
reapeetlrely. August was 25 points
lower, while September showed a de-
rllne of 28 points.
It was reported that Prices were try
ing to liquidate.
Theodore Price says the figures Jndl-
cate a rrop of 10,900,000 bales.
Superintendent King, of the New
Tork cotton exchange, makes ths
amount brought Into sight for the week
59.593. against 93.192 Inst year, and for
the season to date, 19,521,216, against
11.181,509 last year.
The close was steady, with a re
covery In progress, final figures show
ing losses of from 22 to 22 points In
New Yqrk.
New Orleans sympathised, decided
declines showing In the entire list.
SPOT COTTON MARKET.
New Orleans, qnlet st lWte.
I.lrerpool, sternly SI S.SM.
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 3, 13:15 p. ni.—Cotton, spot
UJlet. With prices steady; middling uplands
;.*d: antes 5.000: American 4.200: specula-
tlou amt export 500; receipts 3,000; Ameri
can none.
Futures opened steady.
Opening Previous
lbing*. Close. Close.
rpa
;..5. r ,l 54,4.42
: .;5 574.52 5.22
. .5.69 6.10
. .......... 6.«1
. .6.12-6.63 5.62
.. 6.94
*™i d n «*^7«”hofdiL ™
inane, of the government report,
a. of*5!S ,n . t . of crop
New'vSP’tf,"'/ *• du * « » 'oS»L
New York time.
n ‘ n »M Petition Hiking for Dididay cither
i-281 toninm
I?e7 *'«io»t mhmittlBg mail
ter to rote of the exchange.
l h ilJUT?'.?! o™mere. My.: --Order.
coming Into the primary dry goods smr-
ket give sasuranee that goods sre going to
purchased for tbo purpoae of amplifying
seeiimulateil stocks. Quick shipment Is a
frequently used phrase liy the buyer, and It
f^rvadc, the early dsUv.ry division of the
t#.M0 October 2
point, under December.
Weld and Wlloon bu
Calvert. Tea., wire.:
A ‘ ‘j wiru: not anil npr
weather Is very beuellcUl to cotton, and ft
I* growing and fruiting fast.” '
, »« Oileaua, Aug. i—Liverpool 1®2 tip
„„ Iwtter than expected. Was duo
unchanged.
A mocMgo under date August 1 from
Kiinls. Tex., tars: “A fanner In tbe Bria-
to country Hid here today that boll woe-
vlla arc ruining cotton In the Trinity
* *"* bottom. There are some t.oll worms,
• "“t.enougb to creato any alarm.''
Hklitiuors, Bee county, Texai, tty*-. "I
gin turned obt twenty-nine lisle
S -nine nates yes-
e season. This
oreoas me record, being more than has
ever been ginned here during July of any
Another fayorable map with widely scat
tered ehmrera mostly conflned to extreme
eastern mid western portions of the belt.
The weather, however. Is generally clear.
Indicates, generally
The eastern forei-aat
The wastren
cloudy weather for Texas, with poosll
showers redact and tomorrow for tho b
opened quiet and unchanged,
alnt up, and steady.
5.93d. Fr
in. 1 point up,
Hpota, 1 down t<
unchanged to 1 down.
_ _ At 12:16
and steady. Bales *,(...
utures due to come
, , . ^ ope nr
and steady at about unchanged prk«*-
outside trade to apeak of, all waiting for
government report.
KoiiIb, writes: “Since our reporf of the
Wthg our adrleea show that quite heavy
rnlnff have fallen In many sections of south
east Missouri, Arkansas and the northern
“Ttlou of the Indian Territory. While this
given rite to some apprehension on sc
at of the weed growing entirely too
bottom landa, and also
count of the weed
much to atalk In the
that grass Is gaining headway, so far very
little damage Is reported which can not l»e
repaired should we have more favorable
weather conditions during this mouth.
outlook for the uplands,"in southeast Mle
sour!. In particular, continue excellent. The
during August and September.
terltocy htui a good start, and \ _
to two weeks ahead of last year, on account
SITUATION REVIEWED
BY C. D. FREEMAN.
New York, Aug. 3.—A review of
cotton crop development through July Jus
tifies the conclusion that tbe plaut, ns a
whole, has roado decided progress, and
n ilt'ir, uap luauu iii yuicu |,ru|tri», null
that there has rarely been such a favorable
season as has prevailed from planting up
to this time.
If the burean records the corerct con
dttlous today, there will !»e a material de
cline In conditions for North Carolina,
South Carolina and Georgia. This decline
will be Indicative of the attltnde of mind
of correspondents as the result oflcontlnued
rsln. It Is not necessarily a permanent
deterioration, for with favorable weather
during the month of August thla part of
Lower Range of Prices from
London Influence for
Reaction.
LOSSES FRACTIONAL
oltael ant
mtrel Leather.,
do, preferred
Chicago ami Great Western..,
Market Soon Recovered and
Some Material Gains
Were Later Made.
Mnware and Hudson......
Distiller's Securities
Erie
do, preferred
it it u< •in
American lee Securities
Louisville and Nashville
Mexican Central ;
Missouri radge
New York. Ontario and Western
National |d#*4
Northern raelfle. .
York Central
No folk and Western
IVi.noytvanla
*vo
•'copie'a Gas
Dressed Steel Car
preferred..,
Mall
United States Ituhbcr ,
Southern l*i ..JH
Southern Ralliray ....................................
8ioi.-feb<>m<,i<! . ;
Tonnes*** Coal and Iron
T*xa. it ml Pad 5c
Dnlou Pacific
United State. Steel
Western Union
Walmsh ,
do, preferred..
By Prlyat. Leased Wlr,.
New York, Aug. 1.'—The stock mar
ket waa again very Irregular thla
morning, reflecting a divergence of
.peculatlve opinion over th. Immediate i>.cige
outlook. 8ome stocks were very atrong Jteailln
and advanced sharply, while realising ] {|JU ,b {|[L | |j{“ 1
sale, were, heavy In others. St. Paul do, preferred 11
rose and fell fltfully without resum-
Ing yesterday’s movement and while
Union Pacific were much more vari
able In their chongea than on previous
days. New York Central wae the only
one -of yesterday'! regulars - to main
tain Its advance. Both Reading and
psnniylvanla. after a further rise at
the outset, felt the ellecte of heavy
profit-taking. The main movement of
the day centered In the stock of the
Southern companies, Louisville and
Atlantic CoastLIne gaining ground very
rapidly. No new reaeon developed fur
the strength of this latter group.
Speculative operations seemed mere
ly to have reached them In the usual
course of shifting from one quarter of
ths market to another.
In accordance with a rather general
expectation, the stock market opened
with most Issues a shads bslow yes
terday's close. The trading sentiment
In favor of a reaction was strengthen
ed by the lower range from London.
Northwestern declined a point, but. aa
a rule, the losses were fractional.
Louisville and .Nashville showed ex
ceptional strength. Union Pacific 1
>lnt and Atlantic Coast Line and
>uthern Pacific scored a like advance.
In spite of the fact that no satisfac
tory news Is to obtained In regard
to the supposed pending rtMrond de
velopments, the market continued
strong after the opening day and some
further materlsl gains were mad' In
the first hour. Bt. Paul advanced to
_ Texas have been most
favorable, and the bureau should show rev
oral points Increase, wltb similar
tbe world we mnst not lie too uiurh ho
ly Ihe
consumed practically all the crop of IMS,
nud the condition of the dry, goods trade
' so favorahls that the early inovrra«iit
new cotton, however large, will
' fre
and from present Indies-
Npt. Oi-t.. .
grt. Nov.. .
Nor..Dee. . .
lie-.Jan. . .
Na -F.li. .
{w> -March.
kawh-Aprll.
April-May
5.70-2.71
6.244.45
6.20
6.67
5J24.67
2.624.67
5.62
Wd Heady.
5.504.40
m8
INTERIOR MOVEMENT.
Th* following table shows receipts st th#
sretl wrttb th#
bjtfrior towns' todSjr, compared
'lay last y#sr:
Hmwtorj
ASfusts
Memphis. . . . , .
l' rt uls
noclnnntl
Total.
1"
ibis th«
.. . _ ton, bi
Mgerly Imuabt, and
'Ions st good prices.
In tho entire area, excepting PoulMy
Uoorgla and North Caroline and South
Caroilnn, the staple promlKi to bo excel
lent, and a good article should command
* 'Pbe 1 factors In the market, are so even-
ly balanced that there la little Inducement
to trade either way for the time Indinr.
The bureau, report abonld he shout fl.
mid, In my jndgment. will be without ms-
tertal efft-ct ou prices—Charles It. Free-
TODAY'S PORT RECEIPTS.
The following table shows receipts at th.
port, today, compared with th. urn. day
hat year:
1109
1909
New Orletna
Galveston. ......
Mobil#
Bavnnnab. •
Charleston
Wilmington. . • . . .
Norfolk,
Boston
Philadelphia
Brunswick.
Newport N#wa. , . . •
Hnn Vranclaco. . . . .
Tort Townaend
141
1169
Ml
”8
373 '**
126
11
3
1923
1
2696
13
3234
1116
301
5
232**’
62
361
310
mi
16812
Comparison of Cotton Condition
For July 1906, With Previous Years
Th ; rrep reporting lm«rd of tbe department of agriculture make. th. July condl-
Th. followtng'1«bH > 'gf?e. C ^m Mn'dltlon hy atat.a, with rompsrtaoni:
'Inriiiis.
CT*
iklems.. *" V. " ‘
fiSaR”.;*.. :
"m
ArknnMB..**/*/* ** ** ** **
*. # nn**»*fi **
*!a»oi lr i •• •• •• ••
hSiTsa^:-"-" " -V::::
l^kn T.rrtt,'^,::
C “1'M Sutes..
$8
S
I
1*03
of 13-2. Pennsylvania und J4»w
Central scored advances. Other stocks
made gains ranging from small frac
tions to a point, but heavy selling ord
ers were In the market ond the supply
of stocks was so large thst buying ord
ers at the advance were practically
swamped for the time, and continued
offers caused reactions on krhlch prac
tically all the early gains were loft.
London bought eome Union Pacific and
Erie at the openlnr, but later turned
seller, the sole exceeding purchases by
about 10,000 shares.
Government bonds unchanged. Oth,
er bonds firm.
Wlsron^n t'ehtnii
do, preferred
Tots! stock ules today l.M5,f00 shares.
argument, con.ld.rfuf our storks are tnum
to lucres*, for the next three months.
Winter wheat farmers are reported as re
fusing to *.11 on thl* dei-llne. Lower prices
seem almost a certainty.
The crop In Illinois Is growing worse
dally. Cash corn I. closely held. *
who hold It Intending to "
cancelling their orders
In beefa 1 -* BOt *** * W *T tTum * **** huy-
4fe hear October lard will Mil vary much
Record-Herald: 1‘geptember pork la cor
nered worse than July was 1 ' uld rekrr
Wall. "Anybody Is foollsb to get abort of
tho market. In lard It It different, tin ac
count of tbe high prices a great many peo
ple. hnv. quit using lard sad at. Mbatl-
ple hnv. q*
luting other fata.'
Kales of cash grata In Chicago ware 126.
to gu
S#abosrd sales
**—C’hlrsjfo 1
000 wheat. 39.000
Omaha 1,600, Kansas
19.0001
RANGE OF THE COTTON MARKET
AT NEW YORK.
Th. following
future. In N.w York tedav:
tbe range la cottoa
- *dav:
La*t l'rerlons
Aug. °M-ff V‘££
Kept. .14111 12.11 8. SO 8.22 2.2344 19024*
OCt. .10.25 18.87 8.23 692 9.22 Kk»-24
Nur. .10.14 10.14 lu.13 10.13 9.92-10 10.2S.27
Bee. .10.33 10.* 9.92 10.02 10.(8-04 10.3*43
Jan. .10.22 10.39 10.33 10.07 10.0742 10.37-.T2
fift;:!»:« U IS £3 &U
Closed steady. >
AT NEW ORLEANS.
'Orfhn. High. Lour. fcft. Dios#. 1 ' Oln##.
. .10.40 iojf
10.15 10.17*10.00
»#pt. .10.33 10.33 10.06 10.09 “
Oct. .10.19 10.21 9.90 9.90
Nor
Dec. .10.23 10.26 9.94 9.94
.10.3S 10.30 9.90 10.01
&ar‘. ,1943 1947 1914 10.it
Closed barely steady.
TIPS FLASHED
From Wall Street
LONDON 8TOCK MARKET.
8TOCK-
Anialyamstsd Copper..
Anaconda..
Atchison *
Canadian Pacific. . . . .
chic., MU. and Bt. Paul...
Erl#
Illinois Ccutral.
union
Unltexl States Steel..
do, preferred.. ..
COTTON MARKET
WAS TAME AFAIR
New York, Aug. l-The*Bun, My.,: Th.
cotton nuirkrt ws. a very small and tame
affair, bat .neb as I, was It ended at a
trifling decline. The weather In the main
was favor*Id* and there wan more or leu
scattered liquidation on the .re of the gov
ernment monthly report t. be aanonuced
fa-
today. Then, too, Liverpool w*. disap
pointing. th. .pot sales'th.re decreased
the Son there spot market* were doll, ths
receipt* of new cotton at liana,on were
liberal and a larger mnrrmrnt In the soot
west Is expsetM In th. near future, wbll
£, ,, *.«.h 0, ,n , fl h u'e„^ , Y*il? n tff*hn°,i
lender *nr# support st • rtm#s, and this.
In fact,
... market was slightly hl*h#r
than nt tb# close on Wednesday. Tho un
certainty ns to what the government will
condition naturally tend#
rt selling. BesM *
rted In Georgis si
precipitation of over
here Is a fenr among
t th# crop Is llkdy to deteriorate
to a considerable extent during
The trading, however, was cut an
me irsuuig. dowryw, w mi
small scale and to a large extent
tilng-up character. Goesseson the
cures range all the way from 79
li the general opinion about 62. If
t ehould hav* no effect It would
repetition of what baa .happened
seasons, when everybody n
on tip-toe.—tllbert « Clay.
. Yeaterrfty’a cotton market re-
ie complete prexmratlon of tb#
A.tl.Sl.a Intact n #2 lllif 9rWi2 V 1 !
culatire Interest sgnlnst todny'a
ere Inalgnl
i character
Iflcant. Drop news of
,.| *3.81 82.91 74.91 91.81 79.71 *t.*l 77.2| 7».2f 94.91 *1.2
GIBERT & CLAY
BONDS,
COTTON, grain,
coerce, provision*
ATLANTA. OA.
.' -k *twk Bxehong.|N.w Ort«w r ' ' '' ' : """ '
t yss c c^ Eigzm hi s s»
^44*1 »nd Long Dl.Unci''TtUpii'on?02981' R- FAGAN, M.nao.r.
MEMDCRIl
guess shall have become pi
Meanwhile sew crop longa
>n some deterioration during
■ crop
public
me high temperatures dm
fcorts are popularly am>|
probable things.—Ware k I*elan
THE METAL MARKET.
By Drlvate Iseaaed Wire,
Vt*w York, Ang. 3.—'tin sdranee,I 144c
nnd In spot and nearby deliveries; fu-
mprovetl la proportion,
er ruled firm, but unchanged,
nnd spelter were unsteady.
Tbe great Lick t<
far distant that It
them glared together
naked eye.
telescope revests stare so
It would require 99,009 of
rtbev to b# Visible to tbe
Prlvatt Wire to Qlbert k Clay.
New York, Aug. l-Dsnlel Odell k Co.
“Improvemeut . le likely to be conflned
not neglect reasonable returns on tbe
bulges, observing the general rule of buying
on rcceasJona, specific or general, commen
surate with advances, keeping In mind the
uie news or a pronouncen cnaracrer wouia
be a great temptation for manipulators to
unloatl a good line of stock, particularly If
the public Interest Is maintained sad In*
ren going up pretty fast.
There has been good buying of Lout
„nd Nashville ana Atlantic .coast Lll
this reaction. We like both?
New York, Aug. a.-There la. an uj
move In Southern railway, and It la .
ble that Morgan Interests will put It high-
or. thereby runnlug other low prices In
roils.
Talk of a bull pool In Louisville and Nash
ville, and the action of the stock Indicates
It. Look for a break In tbe hlgh-pricad
Issues today.
Dow. Jones k Co.'a summary:
Americau stocks In London Irregular,
mostly below
Russian boniie^weak Id London, but gen
oral market firmer.
Bt. Louie Bouthweatern earned 4J per
cent ou preferred stock In fiscal year.
Crop rar~“ — "
continua favorable. 4
I/oau crowd Indicates bear account con
alderahlr reduced.
Poeetbu
le ,ci
rr»
of 900,222,009 hush.la of
nsau
flnenro luink .t.t.mont tomorrow.
(loTrrnmrot cotton report comro today at
dare
port*
jroots atat. railroad commlMlon
Orrot North.ra to prodoc. It. boo]
rja — - - - - —
irthar revolt on Ruul.n warship*
Tvri'r* Indnatrlsla drollnad .X par cant.
Twanty actlv. railroad, .dv.ncml .22,par
rent
STOCKS REVIEWED
BY NEW YORK SUN
N.w York, An,. l-Tb« Now York Kon
••A, tha opanlsx restarday, prlro.
i ml. showed * imsfl racaaslan from
naaday'a vloalnv flxnrro. tbe principal
• principal
and Ohio,
rra free-
stock at
once became the market lender, rial ox »
point within ,6a tire, few minute, on heavy
onylnx. which cam. larrely from wrote™
Interval*. The etreuxth In Bt. 1'eol exerted
s wide effect, hot nt tbo end of tho Are,
hour a ebnrp rroctloa occurrcd In tbo *en-
anil market, and nlthnush Buhreqnentlr
there were nnmeroue eahlhlilont of etrenith
st different time* In vaiioa. parts of the
list, there woo l«« opontsoeUy stoat tbs
movements tbsn on other days el nee the
croup of otacke woe srelled of to take prof.
Its slaewhere. and In many Instances shout
WSS to nnve in ■ rvruuu ui ih inii.wuu.
Itur short Interest. American stocks were
ref her heavy In the I-rodon market pro-
trlnus to the npentnx of huaoneu here, and
sentiment nhioed was depressed on seroun,
of the Itnsslsn sltnstton, the hosde of that
(orerement suffering s decline on tb. land-
tut eiriunm.
k.fflr .toch. were
„. rJngtond ^ ... ,—
the .t.tement of condition we. a rather
poor one.''—41lb.rt A Clay.
THE SUGAR MARKET.
By Private Lmaed Wire.
Ni
if
market i
STlO^d.
w York, Aug. 3.-Refined and rew mi*
, steady awl unckanred London bmt
rket steady; August U 9%d, September
L. J. ANDERSON d CO/S
DAILY COTTON LETTER.
New York, Aug. 3.—Another stand-off to
far as the government condition report
was couccrneu. Tho bulla claiming bullish
and th# bhara bearish, llut It was a little
too cloae to the top figures offered by tbe
had It
In stunniln. It up. the trade Is shoot as
far st OSS as Iwfore. and the future course
of prlcea will da|>rnd principally upon re
ports from tho belt during August.
era f
arts '
GIBERT A CLAY’S
DAILY COTTON LETTER.
Now Orleans, Aug. I.—In Liverpool
options steadied up before the close
In consequence of eome short covering,
final prices being 1 to 2 points higher.
Spot gales 1,009 reduced 1 point. There
waa nothing to characterise the early
morning trading of the local market,
but the dull monotony so* long exist
ing. When the government's condition
figures for July became known there
Immediately set In a general selling
Ilogi
citjni
at the Armour "ronroru I’.qiiltu "a 'help "to
the grata receipts here. A year ago, when
the speculative Idea was a large pert of the
thp house every ef-
it forth to prevent the piling
■ck of wheat here. Now tha<
■dialeg and warehousing end of
_ oala
other big
benefit of much
offort.
lant to action ou tli
, l fi:
fhlcare,
palatini
nlltttin l
tils Ita II
No feao
ug l-
,ud wl
very dla-
rMetpti
h.V’l&n |i?,i.° h,?rh,g‘by KBf VFSK
any hedging sales of conaequanc#. un
dertone not atrong.
Onts opened steady with trad# light. Some
»4 " ,U “* bT I, *°
he. B.IHng'hy ihoM who
IT. Packre* selling moderately.
Knnaaa City buying quite a little wheat
Abort* buying lard snd
cbb-ngn Inter-Ocean: Snow's crop re
port estimates the wheat crop at 778,»9,l»i
traahcla of which 520,W0,902 are wlster and
2I6.0092W sprlag.
"Vhe.crn or.pl, red.^fad
bushels, end .oats
report for July 31 makes th. cmidltloa of
- - | #lt nia ,th, _ Va* ‘
j> over th. belt,
July rainfall and i
corn 13. erala.t X.2 lai
prav.taent la qnlfnrm
Is th. rroult of July
below the h.rvrat of
The condition of Ml., when harvroteil,
le given at IL .gainst llT on July 1. The
few threshing returns received show s
rate nt yield quite e, low ,s Ihe condl-
I. UmL
Spring wheat <
Igbtly during tb,
i. ngstnat tic
os hue declined
month, now .tending at
4 on July I. Tbe decline
82.6. n’aaUjt
I* mainly ti. ...
spread of red run, nnd fallnre __
to produce vigorously have tended ta r,
"uce previous expectation!.
Return* covering winter wheat threihlni
t> to date reveal extraordinary rate, o
up to d.t. reveal extraordinary rate, ol
yield oyer the greater p»rt of the belt.
The course of condition report, during th*
•nun It*. Indicated heary yield*, hnl
OWmraimiimffraraMthat oxncein''
Ihrc.hlng alinwa
have been cxcn-de-l. Itctnrn*
te nearly 17 W ' .
Icr relume ahall malntarn present flg
lures s crop of alaint 600,000,on) will hegj
cured with the quality very high.
■ King, of Toledo, wlxed the Ml**t
Atiguei report on oorn, giving the condll
flow |
nn«l a crop
report.
Whci
per ecr#
Inst. 13JI Inst month.
HUgMRHto ■■
anting
eleven report
- M.9041.- A
The Kanaaa rlty Htar haa r«|wrts from
— a-jLg—- -*-*< rdlng
more than one hundred atatloun regai
the condition of corn. Only eleven ~
fair to lM>or, and all the reat say
. j to excellent.
IS of Ki
Kanaaa whl
There are
ilrh need i
* state haa
rain.
mt fully 90 per rent of the itst. ha. am-
pi. mol.lure for prawmt needa anil th.
•nqamx at mini during July give, prom-
ee th.t the eroeon will conllnne lo eupply
to produce a large crop
COFFEE MARKET.
movement, which, after considerable
lo«. In value., waa only
checked
through the reaching of order limits
satisfactory to shorts. As far as the
figures themselves are concerned.
tory, although In the detailed report
both Mississippi snd Louisiana are
practically the same aa last month.
ill eve that an unmistakable
Improvement had occurred In these
sections. This Is only mentioned In
passing as showing tbs extreme con
■ervatlsm of the government, and that
possibly a very much better contUtlon
actually ealsts than the report would
Indicate. The temper of the trade Is
such that unless a crop scare should
occur It la more than likely prlcea will
seek lower levels than those now exist
ing. .
Mayor Pits rare Id, of Boston. Intends to
establish e bureau of publicity lo make
Boston's sttreeUrraros better knowa.
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTON STOCK—BONDS GRAIN
Ground Floor dould Building. Dally
market letter and market manual
mailed on application.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Corresponded'! Capital $250,000
RCFCRKNCC, THE NEAL BANK
RHONE 1417. PRUDENTIAL BLOG
| (V y§rL *»» Orfuti. I Ci/cif#.
COTTON^GRAU?, ^ROVIS^ON^IsTXicKS^BONDS,
Ht. 1 Will SI.. **•
g.w r.rl (.'III [ullage. CHii t i B«if4 «! Trade.
«<> Qriti.i ciiin fiiti.e*. 5*“'j* W4 1 "*•;«*•.
Uttnnl C«lf«. Sii.cl.tlee. *«w fi'k C.tf.c fn8.*j».
finit Hint I, grw Vert, g.w OrlM.i, Ctkige. *. C. C07H24S. «•”<}«.
— —— Sli.dir] film 239
fell Phene 1157.
Pollowlsg Is Ihs rung, and close at New
York coffee market fat today:
opening
hangs. Close.
tm-rJK-mt- m
April .745-7.#0 7.44-7.t
May I.g, J-55-J*;
il
No#«n'C#v,.#**#
December
Admiral Winfield Ikptt Brhl#y ex
" ' eettie In DeJtJmor#, #aa
ty bln p^rmnnent homer
Adrol
shortly
make that
February bolds tb# record as tb# mooth
tbor? U would ' tfirow tb#”dliihre oi'wut th
room. Just to r#ll#v# bis mm ml tension.
ThnrkrersT, th# Kflfllsh novelist. IfftM
ble fAt when b# peu#d tbe boat# whore*
k# wrot# “Vinlty Kalr.**
ran author, tames tb# wildest l-lrl wilt
ran duiiiuf, ihnii
tbe greet Mt mm.
Volts I ro, tbe Frenoh author, n#v#r bogan
bis dny's work without sharpening an oven
'!■■/' ' ;""t' I >
CROP ACCOUNTS GOOD
Unsettled Political Situa
tion in Russia Was au
Influence.
By Prlrets Leered Wire.
Chicago, Aug. 3.—Th* markets on
th* bo4U-d of trod* closed os taros os a
pst dove and without a redeeming fea
ture. Basting spots showed wheat 1-3
8-4c lower, com 1-la up to l-2c off.
,ta 1-201-4C better and provisions 6
ash gaits wire rather slow at so, -
ihsla Wheat, 99,000 com and
000 bushels
139,990 buahsln oats, li
175,009 bushels oats at
i com Jin
aboard.
loads
the seab
Primary receipts of wheat 1,132,000
bushels and com 327,909 huahela.
sgalnst 72,099 and 342,090 bushels re
spectively a year ago.
Clearances for ths day 953,000 bush
els wheat, 101,000 bushels com and
1,200 bushels oats.
CHICAQO GRAIN MARKET.
High.
8*
47%
Ossa.
. w . nB * T ^
m*
IsJ
i p i
STp:8 11:8 it*
LARD—
in' 4
Tmk
4?H
iMT 4
m ||
•••
Bapt... J
Sr »:8
HT 4
2.32%
li 11
11
7.43%
CHICAQO CAR LOT8.
Oorn..” ! .7 •• "
'lore" ,7 ”
LIVERPOOL GRAIN MARKET.
Iswsr; rloaad nnrhan
Corn niirnnl unWi*,,,—,, ,
changed; closed nncbsngsd.
1:10 p. m..
PRIMARY MOVEMENT.
Th* following figure* give th* primary
movement of wheat snd corn:
Wheat-Baeatpu todsy 1,144.000 hushals.
agalnal 753.000 huehals last yenr: .hlpinenla
(cloy 470,M0 bushels, sgnlnrt (73.000 luiahets
lait year.
■ Corn—Reeelpl* today 357.000 hnehali.
rfaSndJMT
Isat yrnr.
NORTHWEST CARS,
Minnas polls.
Duluth. .......
Tod#?. TVrek.
Lsst
Y#sr.
COTTON SEED OIL MARKET.
Nsw Y#rk, Aug. I—Cotton a##<| oil mala*
tslnsd a staady position yesterday, •• both
aide# wor<* Intorwatwd In dpvrlopmpnts aa
to thp n#w crop and th« posalbl# Infiucnea
on Beptemhor nnd October through th#
pmronipnt of nsw oil. It la nvldant thst
tb*r# will b*» an ftnuRimllv esrly movement
. fired, owing to th4» literal r#e»|pta of
rotton for Aagnat from th# Booth. Thla
isrtlctilnr situation U being wnfs hpd rlo#c-
y hy opera tore. Th# atrong position at*
tamed by lard y#at#rdnr bad son»# #ff#ct on
oil It Ih #xi>#cr#d thnt th** gorernmpnt
report on cotton will nlso have aorne ef.
on opinions regarding th# fsll moptha.
Bt tbs ansa ya I
list lower. t»ut thor# waa uo'lntoreat msa*'
fed on tbo part of buyers.^Ware k Li-
rio##,
.14 'Z
94({Q94%
ter .. n\Mn. aim*:
fterembor 31 Q31L 21 «31V
Jonuitry.. 31 21 094%
Hales 700 October at I4H. Closed steady.
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers' Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
THO*. J. PEKn.ER, Cashier.
JAH. G. LR8TER, Ass’t Cashier.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . . . $500,000.00
ACCOUNTS INVITED
We invite accounts of individuals, corporations, banks
and bankers and offer the bc*t terms consistent with ■
conservative banking.
In our Savings Departmint ws allow Interest at the Hats of 31-3 per
cent. Compounded Semi-Annually.
BlattiaiBHHH