The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 06, 1906, Image 11
THE ATLANTA CEOROIAN.
edited by
JOSEPH B. LIVELY
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
\Ir. Lively'* 25 yrnrs’ experience
>f editing market* In Atln*>»- nnd
tin* .South ha* mud* him a ree-
ogulzt-d authority Ip bis specialty.
t
j, c Weather in Portions of
Texas Was Reported as
Unfavorable.
NEWS AND GOSSIP
Of the Fleecy Staple.
RANGE OF NEW YORK STOCK MARKET
RAINFALL WAS HEAVY
[Market Was Active and
Higher at the Start, But
Turned Dull Later.
In. prlvai. "1r*.
1*1. Vi.rfc, Auk. 6.-The cotton market
' 1 nrtlve nnd (Inner. I’lrat prices
generally 5fl7 points hlKher. There
« pssl tlehiona from shorts, nnd nlso
t.lr Inquiry thrnnsh comnils-i™ I muses.
_L' two firms Hint Ind solllne Inst week
KS, gissl loiyera. ho* withdrew when of-
Iftrlngs Imrensed. musing prices to settle.
Tbe I.lverpnol eotlon eichnngc retnnllied
rK? Ke’^ vorh ninrkot nt (lie opening
■J, active, with the undertone firm, nnd
■ Mires Mi' points hlelwr.
I There "US some henvy selling nt he
Istirt lii nn nttempt to brenk prlc. whirl
limid prolinhly Imre I stieessf,,! Imd
I5t «w»I l.nyhiK orders from New Orlenns
laneenreil. This haying wnn hnsed mi unfa-
ll.irnhle crop advice. from reins, henry
l„.„, peine reporte<l. In some sections 2
lisrhe* liimag Ynllen. nml talk of Insect
|damW-
SPOT COTTON MARKET.
. tr Y.7,M,irf6.70. Sales N, con.
Liverpool—Holiday,
Angnstn—Quiet. 10%c.
girssr.th—ijnlet, lfjie.
St. I.mils—Quiet, lMfe.
Norfolk—Stendy.lOfhe.
Mobile-gulet, JM4c.
(Inlvesfoo—Steady. lMlc.
Baltimore—Nominal, 10%o.
Meniphl. -ijnlet. TOAe.
Houston—Kear, 108-16.
Boston—Steady, IO.iO.
■rlvate Wire to tilhert St Clay.
•New Jork, Aug. 6.—Unrket opened high,
■r Ihmi exported eii IJrerpool Inlying.
neflkiu»M In Aonst rn using imonslurv
n rost of tin* market.
Hpringt Just [mid 10.0* anil 10.«3 fo
■wftnwr, Look* llk<* corertag.
»ki*rg selling the market. Nnden
l*^»uytu|.
flu*
lust night.
nil t Ions
TODAY’S PORT RECEIPTS.
I N>w Orleans.
Iijulvraton. . ,
] Mobile. . . .
I Snvnnnnh. . .
I ClutrloNto!i. .
I Wilmington. .
I Norfolk. . . .
I Ifcmton. .
I Philadelphia.
Total.
In « , _
lHek Bros, wift “Trade
somewhat hrighter. owing to
ter cuimwmii, hut Up* Imp
have to he manual hefore a
ns the one now promised is nlmorhed nt
anything like present price*.”
I.. 1**. Hutton & Co. says: “The market
Fas had n heavy break, nml lias shaken
out n fMd deal of long interest,
rather think n rally one from present
price*. If *o.- we would take advantage
ot some to put out n little short.*'
The Journal of Commerce *ny*: “The
market gained strength through the weel
nnd, nlthough the cotton break wn* n fa,
tor. It counted less, perhaps, tlinn nt any
time In recent year*. The closely sold
dltlon* of many accounts renders It Imi
five that selling shall be restricted, und
advances have been made III some In
stances been use the buyer* have Insisted
on getting deliveries nt uny rensonah*
price. Further ndvnnee* are ponding, nr
buyers who will require deliveries In ft
next sixty or ninety days will have to
pny the price without nidi reganF to
what the cost of cotton is to bo.
New Orleans, Aug. 6.—The Memphis Cot
merclal-Appeal’s weekly crop summary co
erlng the central states of the belt uny
“Soyore wind and r.iln storm caused cm
plaints from -the delta, but elscwhe
throughout the belt the outlook N most
favorable. West Tennessee sends glowing
reports. Shedding In south Texas Is more
serious tlvu previously reported, nud boll
weevil da mag# reports more widespread."
Weather map favorable, with goii
cloudy conditions prevailing. Light
teredvdiowers have occnrred In Georgia and
portions of the western belt.
Heavy rains north nnd central portions
of Texas which will likely bring In fur
ther reports of damage by weevils. Mar
ket net* short; think will do better tempo-
rarity.
Might have n little reaction, ns Texas,
principally central portion, sending In
memos complaints of boll weevil
worms.
The eastern forecast Indicates fair
weather for entire district toulght nnd to
morrow. .....
The western forecast Indicates partly
cloudv weather throughout, with scattered
showers tonight nnd tomorrow for all sec
tlons, except western Texas,
Private Wire to Ware A Lelnnd.
New York. Aug. 6.--The market opened
quiet and about ns expected..owing to no
Liverpool market today. Helling very goon
this morning. I)o not bcjlcvo market
hold.nt thesa prices. . _
A private telegram from Houston. Tex.,
August 4 says owing to continued rains
nnd tall weevil, southwest Texas crop pros
pects very unfavorable. .
Kchlll offering 5,000 December at 10.01.
HehJll offering 5.000 Decetulier at. 10.0J.
Hchlll ofTerlng 6,000 January at 10.08.
Craig big seller through Mitchell.
Mitchell sold atant 15.0W December for
Craig from 10.07 to 10.02.
H.
1m* IV
IN ENTIRE LIST
Heaviest and Most Signifi
cant Ti-ading Was in
Southern Pacific.
NOTES ON GRAIN
Pointers on Provisions.
Oju nllllgh l.rnv Cl ue Ml.I
1".", ii»_’% 103 inj»,
143% 144 j 143S 1433*1 143Vj
101%
143
Olhe.-t A Clay.
American Smelting Refining...
Rapid Transit.
9-'V
1«V 1W%
100% 100% 100s
1|>%< li:»*4 HOVki IT) 1
REACTION IS DESIRED
No Stocks for Sale Around
Saturday’s Close, and
Market Strong.
By Private Leased Wire.
New York. Aug. 6.—The continuation of
the l,ondmi bunk holiday left the local
stock market to Its own devices The re
ports from i
(allure of the great geneTnl
from a flnnmbil standpoint, reassuring.
nt least.
ntlve Indue
Ml
Run-
In the trading here. Apart li
slnn news, the only outside
lerrst wom the rather heavy
by the bnuks at the sub-tren
tlrst two days of
amounting to 32.0.
not. howpver. affected by this
they Influenced by the
f surplus reserve on
looked upon both In
tni foe thi
house weel
rate* were
movement.
S4.000.000 d
Saturday, which
H. Wilson bidding 10.03 for 6,000 J>eeem*
•f the week, and that im
purpose were nvnllahle nhont the Saturday
price level. The demand of the short in
terest was particularly urgent In Southern
I’nelflc. which opened n point up ami
unlcklv rose another. Roth this stock nnd
Pacific made new high records. The
tbnn Inst week.
the” weather.
^ Louisville and
Mexican Central
Missouri Pacific
New York. Ontario and Wester
National Lend
them Pacific
r York Central
Norfolk and Western
Pennsylvania
People’* Gas
Pressed Steel Car ....
do. preferred.
Pacific Mali
Itcndin
Rep,||,I
Rock Island
do. preferred .'
*u1ted States Rubber
do, preferred
Southern Pacific
Southern Railway
do. preferred
Sln.ss Sheffield
Tennessee Coal and Iron
Texas and Pacific
Union Pacific
Pulted'Sfntes Steel
do. preferred
Virginia-Carolina Chemical
do, preferred.............................
Western Union 1
do. preferred*
Wisconsin Centra] ...... .....................
da, preferred....
Total stock shies today GttMftO shares. •
1 IfiSU! ICfl
r»;V :*'is
ttki *•"
6l%| 52Vf 54
‘iivi *ij*‘ ig
187 1S8V4 187
! W , 63
54JA| 51%
33U; 38',
191% 1^1'i
1SV 18%
1«7H| J».,^ri67 I 107
in 1 17R 175‘», 175V*
G7V 6H | iU* 8 i>7 T »
1I.-4 l«f.% lie**. lll>4
2 6 ! JAM ?Y.V*j L'CJ ;
140 ! 141%( 141 *«! 13J :
M’ i *6j")
!'»4:
90% »
111% Itts 131%) 1 i.‘:\
f
S a
444
1-lf
1"S\
!M4
RANGE OF THE COTTON MARKET
AT NEW YORK.
tonight and Tues- The fallowing {* the range la colfos
futuies lu New York te*J;
Ln*t
INTERIOR MOVEMENT.
■ The following table show* receipts nt the
I Inferior towns today, compnred with the
— * day Inst year:
| QIBERT & CLAY’S
DAILY COTTON LETTER.
New Oilcans. Aug. 6.—Liverpool being
rinsed today, the Amertcun market* lapsed
lab* a state of quietude, presumably pre
ferring to nwnlt the advent of tomorrow,
when the policy of the foreign market will
have lieconio known.
There ha* been but little chance In the
price of options during the local session to-
any. Values have displayed n tendency to
improve, but no ndvnnee ha* occurred de-
iplto the les* favorable character of news
I from the cotton fields. Complaints are rife
from Texas that the continued moisture Is
stirring the weevil Into damaging activity
sn«l that weeds nnd gras* are unable to be
'lenred owing to the wet condition of the
rromid. However, today's map showed fs-
ornblo weather In the eastern portion of
h<* belt, light scattered showers with
cloudy weather being the rule.
There Is every Indication for n large early
movement of pew cotton. Already In the
nc|ghl>orlisod of 2.000 bales have been re
ceived. Houston alone having received to
date 1.878 bales, nud nmnero -
.3farket steadier on private reports of too
mnrli rnlnfnll In Tfjnp nvnr Siinrtfir. Home
points report over 6 Inches of rain.
Orlenns buying here. . , ,
New Orlenns. Aug. 6.—It Is « regular
holiday liinrkPt. So onn on I'lthor aldo do-
sire* to operate until It Is kmtvn how
Liverpool is going to constrn* the burejo
eport. Spots ar*» null, nnd not over a09
..nil's nil told hnvo lioon ilomi. Oio ninr-
lint Is piisj* nt qnotntlnni.
l'lvo hundred nnd sorontpoll ImlM of non
nitron nt Houston todny com Wires with
jfB this ilny two your, nso^thc Id* crop
5 Not cotton-horn J7.M6 l.nlca, OKnliut «.•
106 nt this time Inst y«t A“™*' »'Jl’:
Imnrd Is 11,465 hnlea, nnulnst 15,118 last
year. _
NO SIGNIFICANCE
IN WEEK’S EVENTS
New Orleans. Aug
"80 far as the pub
events af the week have had no signin'
ranee; Neither, nt the higher nor nt the
lower level bn* the tenderfoot been In
clined to break In. Many reason* for this
aloofness might In* given, but the supreme
argument must Im* sought In the Lnssn «f
the tMMTpIe who have played with roffan «n
either Iilde during the Inst twelve months.
Quite apart from this poignant •‘xperleww.
there an* great Incentives to rnutlon. I or
example, who would ear# to Iwll «»!•*•-»
or anything else, except food—while thero
exist# 7 the strong possibility thst ItnsslA
may crumble as -France cnunWjd lo 17W.
Then. too. It remains to be »m»w the
new crop will la* marketed, when It shall
begin to 1 move In volume. Will the white
flag, or the black, im* holste<|? \\ 111 the
receipts from HeptwnlM*r to January be sob
over 1 the J*rgnln counter, or be doled out
to the trade? These sre questions whh ll
neither Mr. Jordan nor Mr. 4 henthnm can
answer cx cathedra, ami they
slHiolutely vital to the speculator* wel
fare Hnioll wonder then that the markets
are dull, despite the plethora ojf purveyed
wlsdoni. and that *tou»t ererylmjy, from
the mill to the field. Is content to let
further time solve the riddle they enn
not solve for themselves. ‘1st If nee, and
Shuffle the cnnls* should hf *he molto'ijt
such n Juncture ns this. —Mare A wi-
land.
THE LIVE STOCK MARKET.
WEATHEFl IN COTTON BELT.
Texns—Tyler cloudy, threatening nnd
Dallas rlotiilv nml wnrm * Imnl
ahd* hot.
Mississippi—Haxlehurst. Vicksburg. Ynxoo
City nud Jackson clear nnd hot. Natchez
partly cloudy nnd hot. Brookhnren clear
ami warm. Aberdeen cum
hard rain yesterday. Tap«.
warm; shower yesterday. Amory cloudy
and hot. Greenwood clear nml plensnnt.
Alabama—Mobile mining: good rain yes
terday. Montgomery and Helinn clear nnd
hot. Troy partly cloudy nnd wnrm. Ope
lika clear nnd warm. Huntsville cloudy,
rarra nnd threatening.
Ooorgln-T-t’olumbus. rained Saturday nnd
Hundny; now clear nml hot. Rome rlenr
nnd cool; hnyil rain yesterday afternoon.
Savannah clear nnd pleasant. Macon,
clear and warm: hard rain Inst night.
Amerleus nnd Albany fair nnd wnrm.
North Carolina—Chinrlotto and Rnlelgh
elenr nud hot. Greensboro partly clogdy
nnd wnrm.
Tennessee—Nashville cloudy, cool and
threatening. Chattonoogn cloudy and
warm.
WEATHER IfTwHEAT BELT.
Extreme Northwest—Generally clear; 45
to 60 oln»re.
Northwest— I’nrtly cloudy; 50 to 61 above.
West nml Houthwest—Generally cloudy;
60 to 76 shove; general rains lu Nebraska;
local rains In Missouri, Iowa nnd Kansas;
rain Hprlugfleld, Ills,
Valley—1‘nrtly eloydyf <4 to 71
Amr. .
Sept. . 9.79
(let. . 9.97
Nov. .10.04 10.06
Dec. .10.01 10.08
ill,
Feb
Mar.
Closed steady.
^ 9 Aft _
,. x J.85 9.78 9.84
97 10.00 9.9ft 9.98
Trevino*
Close.
fU7-*iS
9.80-81
Ik 97-'W U ’*4 'C.
iUiMifi-MMilifil
Clei
9.69-70
9.84-86
. H 9.9ft 10.08 10.26-38 10.01-02
. .10.13 10.11 10.06 10.11 10.12-13 10.07-08
>. .10.10 10.18 10.18 10.18 10.15-17 10.19-11
p. .10.22 10.26 10.19 10.25 ia24 26 10.19-2)
AT NEW ORLEANS.
The following It the range In cotton
futures lu New Orleans today:
i/Ul Previous
Open. High. Low 8*lo. Close.
Aug
Sepf.
wT .... ....
Nov ft.ft9-01
Dee. . 9.97 10.03 9.94 10.01 10.*
Jan. .10.01 10.09 10.01 10.09 10.'
10.34 10.40 10.34 10.40 10.40
ft!06 9.98 9.92 9.98 9!98-93
mi
9.04-ftft
9.86-07
to.a a
STATISTICS.
BIRTH8.
To Mr. and Mrs. Frank * Tlrkftns, nt 276
Ardly street, n daughter.
DEATH8.
Infant of J. W. Rnhiuson died In East
Atlanta.
Mr*. Nancy Moore. 47 years old. died nt
156 W. Tine street,
Edward Richards*
asphyxia In Nnw York
Tntff B. Jones, 10 years old, died nt 129
Cmirtlnnd street.
Mrs. Grace J. Dolan, 63 years old, died
nt 22 Wood90# street.
BUILDIN*GnpERMIT8.
|40—Joe Past, to recover two one-story
frame dwellings at 12-14 Maple alley.
325—Mrs. Ilnmptun. to re-cover one-story
WEATHER FORECAST.
Georgia. Ixmlslnnn. Western Florida. Ala
bama. Mississippi nnd Eastern Texas—
L«wnl rains Monday and Tuesday; light
nrtnhle winds. „ , „
Western Texas nnd Arkansas—Fair Mon
day nnd Tuesday.
STATE FORECAST.
WEATHER CONOn IONS.
id Me-
8*
since Hntunl
tlii
day
except to
morning.
The weather Is more or less cloudy at
most stations, nnd shower# have, occurred
nt a Inrg** number of points In various sec
tions of the 1'nlfed Htntes. . r .
The temperature routlnuf* about statlon<
rr nt matt station*.
The conditions favor partly cloudy wrath
er with oemslnnal showers In this section
tonight nnd Tues*lny.
THE SUGAR MARKET.
Hr Private Leased Wire.
New York. Ang. 6.-The Americau Rngnr
Company nnd Arbnrklo Bros, advsured re-
J*ne«| sugar 10 points this Morning. All
l's*al raw sugar steady and unchanged.
T/indon l»eet market Is rlostnl.
STOCK^REVIEIVED
B YNEW YORK SUN
if**»tntlon of strength all through the list
whlrh continued with tmt little Interruption
to the close, notwithstanding toward the
cti-1 of the period then* was n go*31 dent of
profit-taking. Matters affecting the market
were generally fantmhle, the one notable
fteeptmn l»elng the derlsloii of the Brook-
*' n Union Gan directors to discontinue dlvl-
«l**n«u on that stock on account of the enr
ollment of the company's profits through
th«> rsHtnctlon In price of gas fiuvetl by the
Inti
. hr tL —
and which .took effect from^Ms^L
A tiumlter of excellent statements
bigs coveting railroad operatkHis fi>r the
aiotith of June were published during the
*cek. Including those of Atchison. Erie,
i.»»ck Island and Pennsylvania systetns.
Jfhlle fcrathern Railway published Its pre
liminary annual showing a small gain In
"et earnings, the disparity l»etween the
fro*# nod net heln.? prolmbly the result of
fpproprlntlon of a good part of the road s
income for the purpose of making better
ment* to the system Involved by the great
tr^wth of the road. At the end of
Hr lTIvole L-nred
Uhlcngo. Aug. o.—Hogs—Estimated
n.mc.30-, gootl to dtoli-o
aOM- M,rk n me
higher; qualify islr; Iteeve# 33.9906/.
{Him»: hi'lfrr. Ugft5.IO; ralTC« PC
Si n r»'t& m 5 L’-to
IIiikb J5.WCC.iO; Uitub, JI.50H7.35; wrati
Jtr.Vl7.75. '
COTTON SEED OIL MARKET.
\rtr Ynrk. An*. 4—Th-re won no «"-tliltr
rfiZ iwirkVt for ooQon rerel nti Botor
»r. U , All ilfllrorlo* mntntilniil ■ rtrru y pn-
mlmm »ml thore «» Iw.nllr nnr v«rl«t(..n
In prlore. Thor, w«, » l»ek of Intrre.t im
tni* port of Imr-™. howoror. nwl hoMorn
wore retiwllr rflnotnnl In mnklnr, offora.
“ nortd for last work wore 3.755 tmrrel*.
I for fho non non K724I Wnrll *sjln»t
I5J Iwrrrli ti.t re.wm.~-.re it Lolaml.
COTTON REGION BULLETIN.
mt-HilInn tlnio, AilKn.t AJ
STATIONS OF
ATLANTA
iiiums. nnr. . . .
Imitsnoogs, cloudy,.
.‘olumbus. clegr. . . .
Gainesville, p. cloudy.
Greenville, clear. . .
Griffin, clear. . . V .
•Mncnrt, clear. » .
MontlcelU clear. . , .
Newnan. clear. ....
Itimie. cloudy. ....
Hjmrtnnluirg. ctmnly. .
Imllapoosa. cloudy. ...
Toccoa. clear. . . i . . 82 W
Vest Point, cloudy. ... 83 70
tciii|H>rrttures arc for the 12-
liour period ending nt 8 a. in. this date.
HEAVY ItAlNKALt-S.
('nrsb’Mua. Tex..................1.72
Wnxshaehle. Tex...... 1.98
Idsr. Average*.
CENTRAL
STATION.
Iji
Max. Mia.
Jan os nr.. .. ..
To*mret V’mMM ronipotltton It I.
nronoMHt In En,Umd fo rednre the ro«t of
.‘kfsTvortl trlwntn. Inrloillns th, «iMrrf«.
* to 6 cents.
GIBERT & CLAY
I C. ALABAMA ST.
corrcc. provisions
ICMBCRI
ATLANTA. 04
JChlcsgo Board of Trade
a t&E ISKfiR
K#w York Codes ExchaugeJ.Vew Orleans Bsard Mjliwse.jusnsw
Atlanta H 1 M
Augusta. . . .
Charleston. . .
Galveston.. . .
IJttle Back. .
Memphis. . . .
Mobile. ... v
M*mtnmtory. .
New Orleans.
mnnh. . .
.’Icksbnrg. . ,
Wilmington. .IWWPWB WW
YlndlailiS InnpprecdaTdf* rnJnfnM.
REMARKS.
The temperature 'Usages for the past 24
hours were nnlmport.int. Itnlnfall was gen
eral exetf* In charleston nnd Wllmlngloa
Atrf' ts. The ainonntf ser» light In mod
frame dwelling nt 245 Richardson street
$1 .'*0—8. M. Westbrook, to build om-stohy
frame dwelling nt 3) Iwlirw nvetma.
3150— 31rs. A. O. Turner,, t«» repair t
story frame dwelling-at 23 Battle street.
-Wiwidwnpl Lumber (’«»., to n*‘I b.»llcr
nt 25 Mnrphjr avenue.
36.000—A. P. Pickert. In build two one-
story frame dwellings nt 27941 H. Boole,
ram.
propertyTransfers.
3400. Penal Hum—W. H. Ham nnd W. D.
Hnmlln to (’. C*. Daniel, lot
Turner Freer rnnd,
Bond for title.
1300— p. E. Moon to Mcrchnnt* i
chillies Banking nnd Iv»nn Co.. Jot on J’nr-
ran street, near F.xposRoln street. Mort
gage.
1250. nnd Other Considerations—Jnlia Ter
rell to L. DeGIvs. execute* lot on corner
Boulevard and Houston. Mortgage.
31.006—Mrs. Ida Cole to Mrs. Nettle «».
Cheevea, lot on Garden street, near Georgia
a venue. I/an deed*
$24.«tno. Penal Kuni-Jehn E. Mnrphjr f#
Matshy Comnsny end Mrs. A. ft, Mnlshy,
lot on Marietta street, near Johns streoi.
Bond for title.
342S—Continental P#nd Co. to F. D. Terry,
it on Of wand strewf. near Cherokee nre-
ue. Warranty deed.
ttJtntmmY. *». Terry to F. C. I/ncy, same
lot. I/>nn deed.
Y7.7W-J. n. W.lltre to Sire. Jltir7 •
rinrk. lot nit rom.r llldi'niol (iv.nur and
llow.ll .treol. Warantjr ilomi.
JTno—if, I, I'Thnt In T.lw.nl rrlnllt, lot
n rirk.rt atroot, nonr Walilo.
JSft-ltollTWtMvl t'l'in.t.rr forfinratlon to
J. r. Hhtrlfr. two lota tn Holljrwootl rnnin-
tery.
JW-Kain, rori'oratlnn tn J. C. am, Hn««.ll
titllrl.v. rlelit lota III llollyworel rem.lrer.
Warranty ilre<l.
ttV-Mre. Holm ll. Til repay tn l.ik.wmM
Ifalaht. Haptlat nlmreh. lot on Jmi-alipro
moil ami Knwtoll atrret. Warranty >1—1.
*1.100—4. II. nml W. I 1 . A ml,rami to l.n.
Mlirli.lt. lot on Mamnitn atrret. Unrranty
ilretl. i ** ' • -I,
n.5Sft-J. H. Cnt, fo 51 re. fnjlrerln, A
Wflllnirliatn. lot mi Unaa atrret, nmr Crew.
Warranty •Irani.
Jl.tlOft—I.nla R. IlMly t" O. W. Imnliar,
lot on Itanlol atrret. Warranty ilranl.
Jl.JSft—Janl, llrren ami Julio fl. nawil In
llntinrl-M'-rMtaun. lot mi I Inwall atrret,
lalm-tvoml av-mii*. Warrnuty ilretl.
COFFEE MARKET.
Fnllon-Inc I* th, nnnnlne ranen Ivl rim
of Hi, N,or Ynrk reft,, itlark-t for tmlay:
uprauu
Itanro. Clof*. .
-Am
jnnov. ”,::::::
July •7«
IMMIGRATION BILL
WILL BE DISCUSSED
Prlrafe Wire _ ,
Chicago. Aug. 6.—Advices from the north*
-est fii\ nrnblo clinrncter
I About only hope rcmnlnliig to the hulls U
rain. If this should he realized wheat
I I might sdvnm-e 3<h5c. hut the price maker
In the end will be the foreign demand.
This country nnd Canada have a big ex
portable surplus. Mnrket is getting to n
point where there Is more or less Invest
ment buying on it scale down, hut it will
hardly be nffe« ted while stiu-ks are piling
up. which has bccu the case for two or
throe month*
.... Xpert wr
Dak.: “Weather fov
generally good nn-l filling flue.”
Rain predicted for the corn l>clt
nn easier tone. Rntn ls predicted fo
Dakota nml Minnesota. Tills D likely !d
be Htc.ldx llig III the ulif.lt III like!
biinght coiisldernbfe September cot
! • Him;
Updyke a good buyer of ot
taught September. Helling srntb
Kue-dnnd sold September pork.
Wreun
I'hlcago Ret*ord-lb
the chief to
Id's wheat trade
lower prices i
arid-wide
nnd lnfiuoutlfil
because many of them
the surface. The weight of the Immense
ImbIj is felt the most keenly where It Is
ntosf ttlrrtly applied This means <’hiengo,
which has for some years furnlshe! the
fnnds for moving n large proportion of
the farm products tributary to this mar
ket. In view of nil the clrruinstnn«o*.
It Is real!/ surprising Hint values have
Sin
sho’ihi he for i
should not be
I of the hear-
it of then nre.
"Government figures on the supply of
out* left frotrt Inst jpsr's crops will be
Issued on Friday.” •
Trlvate Wire to Ware & Lelnnd.
Chicago. Aug. 8.—Shorts have rnvered
wheat freely, but long wheat keeps com
ing out. Pnless this liquidation stops,
wheat will sell still lower.
Market barely holds. If It hrrnks nway.
will get very weak. There seems to bo
lot of September liquidation going
tbm In going
Onts opened steady. Seems to be
Lot of May wanted at 34c.
The whent market Is feeling tin
of liquidation of tired holders, g
further liquidation
Look fo
1 rnln* In Illinois, where
for rorti.
World's shipments, bonrd'a figures: To
tal whent. 8.646.000, against 7,872. f >oo Inst
week nud D.OOS.OW Inst year. Including
Russia, whent 1.080.000. against lX»G.pu
last week nml 2,472.**) Inst year. Argentina
wheat. 1.096.003. against 1.B4.000 Inst week
and 3,010,010 Inst year.
Board's on passage statement: Wheat
37,688.000, against 2S.32S.030 last week nml
34.450.000 Inst rear.
Com. 21.157. OhO. against 20.888.000 last
wed; and 14579.0(0 last year.
Total shipments of corn. 5.211.000. against
4.56-3.0OO Inst week nml 4.921.000 last year.
Chicago Inter-Ocean: Export sales mi
Sn111r11:i \ 'n break aggregated r.j i.o-m It
including 24.C
The
direct l.j
Chicago export
buslpe
closed
xport
Clinnibcr of Commerce
Consider Lawrence
Measure.
to
Followlnff th© example of numerous
other commercial bodies throughout
the state, the Atlanta Chamber of
Commerce will consider the substitute
to the immigration bill of Representa
tive Lawrence, at Chatham, at Its reg
ular meeting Tuesday afternoon at 4
o'clock. The house coirfmlttee on rules
has recommended that the measure
come up for special order Wednesday,
August 8, and ns (t can only bo made a
special order by a two-thirds vote, the
representatives back of It are leaving
no atone unturned In the way of get
ting recommendations from outsldo
sources.
Coming nt thin time, when the Im
migration question Is being so widely
discussed In connection with the scarc
ity of labor,- the bill has caused w Ido-
spread Interest. Its passage will mean
the organization and maintenance of a
state Immigration bureau with suffi
cient funds to carry on u lurgo work.
"The labor question Is only one
phase of the situation on which the bill
will have weight,” It was stned Monday
by Secretary Cooper, of the Chamber
<'f «'omnierri*. “It will lmve u much
broader scope, as It Is hoped the better
classes of foreigners will bo Interested
In this state through the bureau. It
Is neceseary to have a state organiza
tion, as abroad no private concern Is
recognized.”
»• of tin* features of the Grrmin sfu-
ilnnt statistics Is that men sre dropping
i<'illr|iif», while wonuMi nn* turning to It
» n profession.
nud nt the waboard ttinti the
people rpred to give out. Report
from New York thnt the large exporters
there nre not reporting their unsIneSs. al
though they sold No. 2 rod to the United
Kingdom.
Export sales of eorn wore 24,030, nnd oats
70.«0.
Cash l.ustne
lo.noo bushels i
000 onts.
Reports from the Illinois eorn fields nre
mostly of n bullish rhnrncter, hut there are
n few more bullMj.
Mneon, Ills., snys: “We hnve fields of
eorn thnt will mnUe 100 bushels to the acre,
barring front.”
Gifford. III**.. *••*•«: ”Weather hot and
dr,vf eorn suffering."
Ilentiig. Ills
rorti is being
burned up hei
of this eon •
Wheat 11
WHEAT STARTED
FRACTION RIGHER
Strong Investment Buying
and Higher Cables Chief
Jnflucnees.
BEARS WERE BUYING
Buying Was Persistent, and
Selling Scattered - - All
Speculative* Closed Up.
I .nks.
By Private Leased Wire.
('Ideago, Aug. 6.—Wheat
snugutue nnd tunny of th<
buying side. Home of tl e
profit taking account., Th
Fatten. Lichtenstein. 1 rlednmn. Watson,
Bnrrett nnrP the northwest were buyers.
The selling was scattered. Ilml not tha
demand been rather pcralsi^nf. a much low
er level than that of t*oturda\ would
doubtless have I established. Closing
prices showed wheat MfHse better, corn
Hr up to ]0%c off Oetf M/V higher,
nud provisions 2Vfcfi7 , V better.
«’;i- ll 11 a i -o.-Mt.liN here \\ rep 3^,000 bush
els whent. 125,00) bushels eorn nnd TO.ivm)
bushels nats.
At the seaboard, sixteen loads of wheat*
five lends corn nnd bushels oats.
The visible supply of when
808,000 bushels, while there 1
of fc77.f»iO bushels corn and
heat, ngnlust 1,122.am> nnd
leetlvely. n year dgn.
Iraninees for the day 811009 bushels
Ml 1.-
respect l
(lean. .
wheat. 269.VX) bushels COT
els oats.
nnd 75.C
•ush-
CHICAGO GRAIN MARKET.
Open.
WIIEAT-
Bept 72
.Vlny'.'.V.’.
tMlRN—
Kept.... 4S%
Dee..,., 4«*
May 46%
OATS—
Hept.... 30%
Dee 31
Mny 84%
FORK-
Kept... 16.86
* in.... 14.23
LARD—
Hept.. 8.W
)et.... 8.90
Inn.... 8.20
HIDES—
Hept... 9.20
tlcf... 8.92%
High. Low. Clo
75%
79%
m
• 8.83%
8.90
8.17%
Jnft
9.25
9.0)
7-57%
7.65
AH1I WHEAT—
No. 2 red 72VVR72'
3 hard winter il^'n
Wheat..
Corn.. ..
tints.. ..
Hogs..
CHICAGO CAR LOTS.
odny. To
NORTHWEST CARS.
X,
and lu the soutbr:
estimated
rain; Duluth,
i end
1 hedging
iflW htnih-1
TIjIh was snfriefbnt to nntlsfy all
rs nnd innkc n break or l%e.
ee July 1, 4'hlrngn has received oerut
iikIicIs of whent. or more than •
year; Ht. Trails IWlnO bushels, a de
crease of 1,192.030. and Kansas City 3,430,.
0» bushels, nn Inrrease of 609,000 over Inst
yrar.
Hynopsls of the report to he Issue! Au
gust 10 nt 2 o’clock will show condition
f corn, yield per acre of winter whent.
nndltlon *»f «%»*, nud proportion of Inst
ear's crop In farmers’ lift lids. The report
ill nlso Include flnx. rlro. fruits nnd vn-
Jons tnhtnr crops, which will not be pnl»-
Jlshed by telegraph brt which will lie
given In detail In The Crop Reporter two
or three days after August 10.
PRIMARY MOVEMENT.
today 1.4')7,ooii bushels,
iwhels Inst v**nr. Hlilp-
btisltels, against 261.000
156.03.) bushels
475.000 bushels
year.
THE METAL MARKET.
a-Tin derelt
oped renew-
Vie for spot
Lead nnd spelte
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