Newspaper Page Text
•rt'KSliAY. Alroi'81
11
THE ATLANTA GEORGIAN.
[IGLISH CABLES
After Its Holidays Prices
Started Better Thau
Expected. .
SEW YORK BEARISH
prevented a Full Response
to the Strength Abroad.
Fluctuations Narrow.
By Private Lent*! Wire.
Sew York. Aug. 7.—The cotton market
ioenlnc here won disappointing to those
mSo had exported that the list would fol
low qnotation* nt Liverpool. The room
traders, who were still i*onrlsh nt heart,
■applied the doinnud. preventing n full
rfsponse to the strength nhrond. This lo-
#tl pressure was In part from Interests thnt
rent l"i»* at the tatnm, hut who hare
♦uriifd again to the short side ns offering
the nu»st nttractloo (or the liuuiedlnte fu
8POT CbTTON MARKET.
New York, quiet ...
Sew Orleans, ensyent 106-160.
Mverpool, quiet at 6.93d.
AngiiHtn. quiet at lOHc.
Savannah. quiet nt 105-16c.
LIVERPOOL COTTON MARKET.
Llverptwd, Aug. 7, 12:16 p. m.—Cotton,
mot quiet, with prices caster; middling
uplands fi.OOd; sales 5.001: American 4,200;
imviilntlon and export 600; receipts 6,000;
American 100.
Kuturea tqiened quiet.
Opening l*re vlooa
Itange. Close. Close.
August. . . . ..,.5.66-5.63 6.02 6.72
August-Rept 6^60-6.57 5.56-5.57 6.06
Sept.-Oet.r 6.65-5.64 6.61-5.52 5.61-5.62
Oct.-Sov.. ... .6.52-6.40 6.47-6.48 5.6s
Nor.-ltec. . - - . ..6.52-6.48 5.47-6.48 6.68
Hoc. Jan. . . . . ...5.52-6.54 6.47-6.48 8.68
Jan. Pel.. .... ,6.524.KV 5.41-6,42 6.60
l>l..-Mrrrli. ! .jStA'MHil S.«l
M.n-li-Aprfl 8.51-4.34 IWM 5.6B
April Mn.v 6.63-6.64 5.64
Closed quiet.
TODAY'S PORT RECeTpTS,
The following table shdwg receipts at ths
INTERIOR MOVEMENT.
The following tnlde shows receipts nt the
Interior towns today, compared with the
•mne dny Inst year
1906
1906
Itonaimi. ......
3 if;
1
160
4369
Augusta
Memphis
St. taut*
Clm'lmintl
33
» “*
Total.
•37ft
449!
WARE A LELAND'd
DAILY COTTON LETTER
New York, Aug. 7.—It was generally ex-
pee ted that the Liverpool market, after
the two days’ holiday, would hardly re-
si*md to the hresk In New York, while
teat market was rinsed. This expectation
was realized, l»«t the market Itself failed
to hold the Initial advance and later on
In the day nU the recovery was lost with
priee* selling nt the low tlgure of the pres
ent tiiovemenr. Weather In‘the south gen-
•Tally favorable and therW neenjed to In*, no
support worthy of name. Au effort was
mnde to hold the market thmngh purchases
«f January and December, on which holders
attempted t»» sell Oetober. Iriit the operation
failed In Its pur|i*se. nnd whenever Oetotar
— offered th* entire market liroke away
^^ly. Thor’ *
that the crop I
- 1 * - so innr .
elopment to Ih» feared at this sea
mi. is very far away. It, la how the time
lien Southern marketers of «*otton will
begin to hedge their_rottnn with sales of
NEWS AND GOSSIP
Of the Fleecy Staple.
l*tlriti WMio filbert & C*lny.
New York. Aug. 7.—Liverpool 9 down from
August 3. Was due about T
the failure of the market
was due to hammer lug by the local traders
on the theory that cotton bought for
action Is still for snip.
Howard Wilson bids 10.16 for 10.W0 Jn
markf. ..
Iic.ilthy tone, with some Indications wr .
parent of n larger volume of trade to come.
Ihe-Jobblng lnuises had an especially active
day. despite the great heat, a ml In the
commission houses It was said that mall
news was very satisfactory."
The room traders arc liamnierlug the
market on bearish news from Liverpool.
Reims's first tale of cotton received to
day—same day as last year's first.
New Orleans, Ang. 7.—Liverpool at 8 di
Is better than expected. Was due to » H
a d«M-llne of 11 points on our mnrkct. unfa
voralde chop accounts since the bureau 1
port causing the failure to fully respond.
Liverpool rallies: "Expect temporary
rally; market steady and continent buy
ing .
Map Is loss favorable owing to the
tlnued rains which are fairly general. The
weather Is still unsettled with cloudy con
ditions prevailing nnd a low tarometric
pressure of large area extending over west
ern Texas.
There has lieen considerable cotton for
sale this morning, hut the market has
found little difficulty In nlmorWng offerings.
Offering* " ” ' -
able dim
federation owing to weevil and worms:
11 rely too much rain. Rains hare occurred
again In north and south Texas and At
•antic states. American spinners are buy
ing/’
'rivals Wire to Ware & Lelnnd.
New York, Aug. 7.—Liverpool futures
opened Irregular, 6 down on near ami 7
down on late; nt 12:16 n. m.. 8 down; quiet
“ * 6,000. H|»otn 8 down, at
little* disappointing on Liverpool cables.
“”’ng very general hr commission houses
locals. New Orleans nnd Liverpool
sold cotton 'here. Hulls are disappointed
and are Inclined to sell cotton. Mon't be
Here advance will hold.
New Orleans, Aug. 7.—Bulls appear to he
unable to put prlrca up nnd tnc reaction
favorable cables from Liver-
IH*I.
While one element In the market Is work
Ing hard for a reaction, the market has an
easy undertone and ran eaally be put lower.
On any hard spot It Is a sale.
”*n-o wires —eyensburg & Sullivan
tv-mlle drive through the eonn
weevil and worms damage getting
rloue. Rnlnt continue."
ityy- b
very 1
GIBERT A CLAY 8
DAILY COTTON LETTER
ernl (Inv,' conation of l.u.lno,,. option.
wn, rxporipiL ,. Nov
<-llno<l.,’ until, ov 4h- - - .—
10 paint, trtt, rw-nrdMl. wlillo ,nnt wile,
nnniuntrit to 5.000 lotion nt It docllno of I
cnee in miniy mmir -vummwi,
the opening attraction nnd gave considerable
support to the market, sufficient, nt leaat,
for a brief period to absorb the compara
tively free offerings, but not lajitlng enough
* ’utaln opening
isldered less f
again fslM*n wWilUHPWP
casts continue to Indicate unsettled weath
er, while private report* from Texas are
to the effect that the damage front worms
and weevils # ts fast liecomlng serious. Ou
the oth»r band, the governmental week
ly review of the woflther was exceedingly
favorable and seemed to Indlvate that the
frequent rains have beeti bewettHat, and
that approximately normal temperatures
with overcast skh* prerailed.
begin to hedge their cotton w
futures, nnd It Is difficult to t
market ran atnnd this
too much cotton In prospect to en-
‘‘•arage btiylug. and either one of two
things must happen. Either there must lie
a big crop disaster or a decline In prices.
Thus far Indications seem to point to the
ATLANTA MAFKETS..
FRlilTS AND PRODUCE.
OITIcInll, <-nrrw.-t*d Ur Atlanta Frail an.
Produce caetwHfa.
I^mona, H.Mao.OO.
1.1 me, !i0 to ilc.
IVnclic,. per mil.. S1.MHIJ&
Pineapple, t" K-M.
Ilauaaaa. atmifbta. •-*- Im-rh ILM t#
11.75. Culls, per buuvu. Si to $1.2L
Watermelon 17.60 to SJO.OO per 100: de.
p&iiCtkV.ano COUNT It Y PUOnUCR-
Live hew 86 to *7He; fries 22%. to sic
I .taller. II to MV4c. tJy, duckfc Pekin 1
to J6c: puddle 25 to 17%c.
Dressed hen*, per lb., 12c to
Kggs, i»er doxen. 16 to 16c.
Butt —
13c.
Rutter, table i»er lb., 20 t>
"fi&uiAsshi.
20 to 22Hc; cook<
1-lb. rack* 16
e vh:ORTA8I.KS.-Irl,h MUIJ. No.
•tack 14 liarrel: No. 1 »i«-k WM.
Old awcet p —‘ —
new sweet p«
COFFEE MARKET.
New York, Aug. 7.—The coffee market
epeueil nrm at advance of 5 to 15 |»olnts.
As the rail progressed heavy Wall street
profit-hiking developed, nnd the late months
*>re only 6 to 10 points not higher. There
enough demand to nlfforh the large
offerings around the Initial tignres. nnd the
market showed a fine tone during the fore-
Kuroin* and trade Interests appeared
*» *» the buyers.—rilliert A flay.
Following la the opening range and close
"f the New York coffee market for today;
- Ibinge.
T40-L5C
7.56-7.56
May
June
July.... ..
August
*Ttewber..
ts-toher.. ..
— nge.
... 7*0-7. W
....7.63-7.65
.,7.76
,...7.70-7.#)
.. ..7.75
....7.80-7.85
.. ..7.854.80
... .7.25
7.70-7.7*
7.767.80
7.16-7.26
7.9)-7.25
7.2S-7.»>
7.90-7.31
THE LIVE 8Y0CK MARKET.
r*fpta today 13.000. Market strong to shade
jiisiaaMMttiaMHHfiiMfiaMtttahnik
MarftM i- _ .
lusher; quality fair; left over 4.,8*:.
^ l^c.45: estimate*] fur - to
sjjwanas m
('■Itto—RattolM r(‘*’,lpl. 1^ Xlark-,
:'»n*lr to a-rnne: onalltr f.dr: tK-orra Gsxvr
l-k): coxa IIT/1.3; h-lfcr. liS«Lr): rahrao
pntcnlj 54.«S;’ Bed Katie. 14.40; Fllile ItllilHin.
a.OOj fancy. aprlng wh;at patent, J5.S
ttlltN—4*ho4re re-S -oh. WC. Nu. ” white.
Tie: No. : }eifow, J4e; mlxe.1. We.
44AT8—<’noire white ellpped. tec; choice
While.,Mr: choice mixed, «c; Texat mat-
’"xiKA^Ptaln water areond. per hwakfL
TV: liolted I4»lh. jntca, l-akil. «c;
SRfirat IT IVSi
no. *i
inhject to In-Ui-Ilnlc -••cepinucc.
QROCERIES.
HPrlAlt—Standard crannlnlel. B34 New
York lieflned. Hi; pLmtatlona. IH. Mnrkct
"irurrnr it«o,ii, Artmcuc', ,i,jo.
Mdk, In Iaiga er Imrrclm IV; green. 10 to
1*-. Market alning.
BICB.-Parollna 4!4 lo TUe. according t«
grade. Market very at rang.
t?IIEK8l6—Fancy full cream dairy, I4!4c;
twlna 14c: l.rlck. t4r. Marker arrnng.
Pltt>VIKI'iNS-#uprcinr hama. lie. Dora
mia l-4ke. rallforola
Mcka kef elate,' He;
Bed Cm«a. tv. r
, TV: lied c'roaa. "lie.
ham, l-V.
He.
Iha.. «1»5
Bt.lt: stockers and feeders
'Vh'-'i.-Vjilmale-l rreHpia ILftti. Mar.
ket arroog tnjae Weher: nn^l'r f«lr|M-
tlre, we.te-n ti-»w*i,S: y«*r.
GIBERT & CLAY
• TOCHI. HONDA.
li • AUAAMA IT. COTTON. CRAIN. ATLANTA. OA.
l,C.ALABAHAaT. COTFCC. RROVIAIONS
i MCMBCkll
Sew York Block Exchance IX,w O-Icana 1'ntton Exchange Ifhe ad MM
v'w York ro-toS ^Tch.rirc N'cw Orleana Sloek Ei.-hangc Liverpool Cotton A.ao-liillon
York Coffee KchSUP'lNew Orica... Board of 'Ir„1- ii.dvr.ton Cotton Ex. hang*.
Private Wlrea to all Exckanye,
La cal and Long Dlctanaa Tal.phcna 029*. W. R. FAGAN. Manaoar.
STOCKS STRONG
THE FIRST HOUR
Loudon Was More a Factor
Tliau It has Been For
Some Time.
WAS A HEAVY BUYER
Pennsylvania Was a Prom
inent Feature of the
Early Trading.
By Print* Leased Wire.
New York, Aug. 7.—The market this
morning was In mart respects a repetition
of yesterday’s movement. Trading was not
particularly active, neither was It dull.
But the feature again was the small quan
tity of buying necessary to cause a sharp
advance In prices. Thl» churn * fpristle ap
peared somewhat more general than It
had yesterday, giving the market n broad
er aspect. While previous favorites. like
8t. Paul nml 1’nlon and Southern 1’nrlflc,
returned to their high price levels again,
they no longer In the same degree monop
olised the trading Interest. The whole
Pennsylvania group were notably strong
and active, ns also were fhe Steels. Kven
Missouri Pacific and other of the dominant
southwestern stocks showed signs of con
siderable life.
In the stock market, Initial prices show
ed a gain of %e In Aumlgnmated. New
York Central, Ht. Paul. Colorado Fuel and
Smelting common. Northwestern aid Rend
ing were up He; 8t. Paul gained «|c. Krie
common up He; Northern Pacific la ad
vanced 1V4<*. Brooklyn Rapid Transit was
the exception, lielng He lower.
Following the general gains made at the
opening, the market continued strong nil
through the 6r*t hour, gild prices general
ly made advances ranging from Hff2H
points over the ntienlng. laondnn was more
ft has r
i factor than I
i !kh»ii for some time.
Peunsyl. — . r r ... _
the early trading, and was lionght on «
largo urn lo hr at rang him mo*. Colorado
Fuel ndvsneed lHc on buying by the same
interests thnt were actlvs In Northern Pa
cific stocks.
Government bonds unrbauged.
Other bonds firm.
RANGE OF NEW YORK STOCK MARKET
n<». preterm*
AinciIc.-iii Sm.-ltlng Reflulng
dOk prcferriHl
Amcrl-an L'nttou <>11
Baltimore ami Ohio
Brooklyn Rapid Transit
Canadian Pmltlc....-
Chlcngi* nnd Northwestern
ake and Ohio..
» Fuel and Iron
I Leather
preferred..... I
Chicago ami Great Western
Milwaukee and St. Paul....
niul Iluils*
Chesnpc
Colornd
C'vntn
rlttci
srnrltlea
and Nasbvllie
Mexican <
Missouri
v York. Ontario and Western
National Lead
Northern Pacific....
New York Central.
Norfolk niul Western
Pennsylvania .. .. I
Pressed Steel * ca r wwv.v.w .wv.wv .\\\\\\* ,* i”:
PaMflc' Mall
Rending
Republic Steel
Rock Island
do. preferred
Itcd States Rubber
do. preferred
Southern Pacific
Southern Rnllwny
■lo. preferred *
is-Sheffleld
Tennessee Coal and Iron
Texas nnd Pacific
I’nloa Pacific
United States Steel
do. preferred...,
Western Union
Wa ha **h
do. preferred
Wlsciinsln Central 7
do. preferred..............^,....
"Total stock sales today' 739,600 shares.
NOTES ON GRAIN
rctnters on Provisions.
RANGE OF THE COTTON MARKET
AT NEW YORK.
The fol’owlng^ls tbe^ rants Is coUes
Prevlivia
CMsi
fututes in Now York todav:
Auk. .-’fn
Hept. . 8.80
t. High. I** Vela
3.i3 ».*> 9.6D
8.80 9.70 9.71
Close.
9.6941
9.69-76
LONDON STOCK MARKET.
HTOCfC—[2pm
Anneonds
Atehlaoo .. 92%
Cnnndlnn Pacific f
Chic., Mil. and St. Paul...
Krie.. ,
Illinois Central 17*U
I/nifsrIIIe and Nnshrllle.. ..146 ..
New York central.. . . . ..I41H HIH
prnnsyplvnnla.. U •: ..t;. <-|ll8H16fH
Reading 183 181
Southern Pnrlflc 1 76% JfH
Union Pacific 16TH ‘
•nlted Htntea Steel 40%
do. preferred
GOVERNMENT WEEKLY
REPORT ON WEATHER
Alabama—Fair wrath,r with ample
•unahlne prevailed during the Brat four
day,. The laat three daya were gen
erajly cloudy 1 with ehowera over the
greater part of the atdte, the rainfall
being heavy In a few widely acattered
localities. The temperature waa nearly
normal.
Arkansan—The aunshtne waa abun
dant and the tem|>eratur« above the
normal and favorable. Rainfall very
light and below normal everywhere ex
cept in Union county, neneflclal ahow-
era occurred In the northeastern coun-
tlex. Dry weather naa highly benoh-
dal over the greater part of the atate.
Georgia—Over moat of the atate the
weather was cloudy with frequent
ahowero, the rainfall being heavy to
exresalve In acattered loealltlee, but
below the normal In moat dlatrlou.
The humidity was high and the tem
perature moderate, the latter being
from I degree to 2 degrees below the
normal. • .
Ix>ulalana—The weather waa partly
cloudy and light scattered showers oc-
eurred every day. The precipitation,
however, was below the normal except
In a few localities where the ralnfnll
waa between I and S Inches. Temper
ature and sunshine about normal.
Mississippi—‘The weather waa gen
erally fair with abundant sunshine ex
cept durjng the dosing days, when
local showers occurred. The rainfall
exceeded one Inch over small areas In
the eastern and southern portions, but
elsewhere waa generally light. Tern-
pr rut lire was comparatively uniform
and nearlv normal.
North Carolina—The weather waa
generally cloudy and sultry. There
was small range of temperature
throughout the week, the mean being
nearly normal. The rainfall averaged
somewhat below the normal, but was
excessive In the central and some east
ern muntlea and ca'used considerable
damage.
Oklahoma and Indian Territory—The
mean temperature was slightly beldw
the normal. The forepart of the week
was dry, warm and clear. The latter
part waa cooler and cloudy with light
to copious show-era over the entire sec
tion. _
South Carolina—The weather was
generally cloudy with freouenl show
ers over the whole state. The precipi
tation was heaviest to the northern,
western and southeastern counties,
where It was much abdve the normal.
Mean temperature slightly below the
normal.
Texas—Scattered light to heavy
showers occurred doily, being moat
numerous on Sunday. The rainfall
waa heavy In western, southwestern,
north central and northern counties
and below the normal In the extreme
northwestern portion on ihe immediate
coast and In eastern and numerous
central counties. The mean tempera
ture was below the normal except In a
number of the northwestern counties
and on the southwestern roast, where
It was notmal. Sunshine la much
needed In manv loraMtlaA
Tennes-r.- Tem|»-raltirr mer.-iged
about normal except In the western
portion, where It was above. The
rainfall was considerable below the
normal, ronslatlng of scattered show-
ere. generally light. The week waa
generally favorable.
Feb. 1 .j 10.04-0, lo.is-ij
Nov. . 10.1-J 10.J6 10.IX 10.14 10.13-14 10.J4-6
Vprll. . 10.16-18
Ifsr. -.10.r.; -lu*6 lax* 1(,S6 16.XI-54
Closed liurely steady.
AT NEW ORLEANS.
tha rauga In cotton
The Chh-ngo luter-ltrean siya: Cash
Mil,-a of whi-iit nt Chlcaico yesterday tvrre
ton.ooo htiahi-ls, eorii X00.au), and onta 10,000
Imslirls.
Export wiles were XH.OOO wheat III oil po-
slllmiM 40,010 IWI, 00,000 lnishPla onta.
Charters were made for 110,000 wheat and
06,000 corn nt lfce to IlnfTsln.
A ear of new spring wheat frntn Iowa ar
rived here yesterday, the Brat this year.
•Die eomitrr sold less wheat yester,
than on any Monday n-lthlu a month. Ci
houses ended nceeptnnees small, hut when
they came to Hgiire the nggregatu par
elm.es they were of fslr volume. pnrtVu.
larly of soft wheat, xnileh * exceeded exia-c
lotions. Very low hldo were sent out KnP
unlay night owing to the decline In prlees,
and hnyera did unt look for large arrept-
snees. Farmers are said to lie selling, less
wheat, partleularly In the Southwest, where
3 thin nave delayed threshing. Bids sent
hi last night were He higher than Satur
day.
American shipments of wheat Inst week
were to |ier cent of Ihr total exporta from
nil eountrlea. and wen* approximately four
Ilmen the iiunnilty cxiiortrd Iasi year. Kx
porta from Itusala ahowed a further marked
falling off. while Indian sblpuienta were nn
expectedly large, nf the total ahlpmeuix
the amount ahlpiieil for orders were 1.016,00)
heshels eomnnred to 1.600.000 the week pre
vlnna. Coutlt '
hash ala.
Wheat atoeka In pnhlte elevators In Chi
engo Inst week Increased 1,618,000 Inisbets.
corn deereaaed 80,000 nnd oats decreased
64.000 linehels.
Aggregate at
2.038.001) wheat, decreased
Increased 500,000 nets.
The South waa In the market yesterday
..tr tncatr |ga ‘ I ■ — -
was also
n l htnl,
Stocks of meats at the Western packing
points nrc light ns compered with last
a/|n-iis ■ lieu. 6*t»w- iwir. i iins, '.liw
itlff. .10.43 10.43 10.26 10.26 10.24-26 10.40
ent. .10.12 10.12 10.00 10.00 9.99-10 10.12
trt. . 9.96 9.99 9.83 9.86 9.g-86 9.98-
!io!oi ib.o2
.9S-99
9.99-01
9.SH-S!) 10.01-02
,,,,, at,, •••« V-** W.Wy-lset Iv. IO-1W
--- -10.20 10.20 10.07 10.07 ia08-09 10.20-21
Clofou •teadj’.
TIPS FliASIIED
From Wall Street.
ah Steels and
Believe there Is la to 15 paints to
on share, for a lung pull. Is now
i 7IH In January. It Is prneileolly
i-clxl pridHsdtlnn, os another extra
of not less than I per rest ran
Private Wire lo Ware ft I .eland.
New York. Adg. 7.—Until,III firm over the
holldnya, >4 .to f. up. with a sharp rise jn
conanla, reflecting Improved eltuntlon
llnasla.
Sentiment among lending operators ,
commissi,>n houses Inelliiea to hnlllkhn,
for It Is evident that Secretary Shaw will
assist the money market by either buying
34a.oao.OUU government laindl or making He-
IHMlts In national Inmka.
With li|g crops In sight, railroad and In
dustrial enniluga allowing large Increase. II
should work up to ni tmlnle Interest ju
the innrket and s g Improvement In
prices.
I hear very sir,
Atrhiaon, Krie, nnd Nciltheru Bsllwsy
will, develop aelirlly In iui npwenl dlrpc-
ItnlloMl IllSeidl earnings for fl»l alt
month, of 1>S! equal In 8 per cent on C--
common. Relieve there Ih lo to 16 p*ijnt*
Im* madp on *hni
67%. high —
jjlyliwsl r -
lie expected for tbo flsral year, poeailily
more. . .
Dow, sJottM Sc Co. a •uninmry: American
atoeka In London atrong, H to % il«v*
^Harrlmnn atneka nnd United Ktntra Bt«el
onljr dull feature*.
Bbortngi*
mnk of v .
Ilarveating In Northweat will become gen
Angu*t l\ . . .
plentiful In the loan crowd.
private demand for Honda, cape-
dally In amall atnnnnta.
Fifty-two riMda for June 9how average
net inrreaae of 19.23 per rent, and f«»r
•cnl year 21.20 per cent. . . , ,
Twenty-fix roam tor fourth week «f July
allow nrernp* graaa Inerenie of 16.93 per
cent.
Prominent tanker* cxjwet no money
rlncenry thin fall, provided stock a|»e«*ultt-
ttnn la not over extended.
Amerlron gipfHI •tockhnlilera agitating
for 12 i»er cent dividend on afork.
Ri'jKirtu from Denver Indicate t'dorado
Fuel aundii* for fiscal yenr ended June 30
la fl.wn.nOO.
“ ' ‘ dtMtrini* anvaneeu l.w per i
• |M*|
COTTON SEED OIL MARKET.
New lork. August 7.—The innrket for
cotton seed oil wo* quiet nnd slightly easier.
There nppenrnl to he n little pressure lu
August nod September, flinj %*nlue* «-n*e«l
off under the*e offering*. Fnr dellrnrlee
were'quiet. The innrket rontliiue
lug one. with storks moilernte. L..
ddug little, hut there npponra to he little
oil to do with. The recent hresk In cotton
and more confident estimate* of the cotton
p are naturally having ‘ '
sentiment. Prices nt the
ngod to H lower.—Ware
Ojjenlog
August.. .. •• n h a. SF*~
Heptemher., •• .. «, ,. 37
Octnher.. It
November 1
l*eeemher
January
I'loaed steady.
NEW CROP COTTON
IS BEING RECEIVED
...tr York. Aug. 7.—The Hun ears: With
Liverpool dosed, the cotton apecnltitlnti was
less netlve. nnd during the greater ’ “
of the dny prices were Irregular, ... .....
the fluctunttnna were eotnpnrat!rely narrow.
At one time enrly III the ae*slon prices
'"cnkrncd slightly owing to the fnct that
,.ie wenthcr nt the Kouth wn* generally
favorable. Room trader*, too, sold nnd
the South sent selling order*. The spot
market* were quiet mid larger receipt* 0/
new cottnn were expected In the near fu
ture.
Yesterday Houston got SIT new talcs,
ngnlnst none the nnma day ln*t year.
Ijiter on, hewever. ’ covering of shorts
Inmnrted 11 firmer tone to the innrket. The
selling wax by no menniviggresslve. inntty
preferring to nwnlt more light on tlw Rus
sian situation. Outlook for n good, yield
from the present appenraures I* generally
e«m*ldercd tfoml, hut the weather during
Ihe next few weeks will have nu lni|»or-
tnnt hearing on thl* question. (‘oinml**loii
house* In some icaae* h*d litiylng older*.
11 envy rain* were rrp<»rted In Texas. The
action of IJvei ’ ** ““*■
n g«HM| deni of
Interest,
nee the
*. Home suggest a
national defense—the "
r IlKhllnx P nr
_ department of
ternlty. ’
ISfal,
the nest
nn Incutator.
removal to be hatched In
SOUTHERNEXCHANGE
Oldest Established Office South.*
COTTON—STOCKS BONDS CRAIN
Ground Floor Gould Building. Dally
market letter nnd market manual
mailed on application.
By Private Wire to Gl!»ert A Clay-
New York, Aug. 7.—Marshall. Hpader
Unton .—
Bnll tip* out on I'snadlnn PaHflc.
pert to see It work higher.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON. STOCKS, 6RAIN
Comspoadiit's Capital $250,000
acresENce, the nkal bank
PHONC HIT. PaUDENTIAL BLOC
Now Orleans. Aug. 7.-J1lc Time* Demo
crat enys: The spirit of rnntlon moved
the In lent, nnd yesterday's mttnn innrket
advanced In spite of rather general bearish
sentiment. The fnrt flint the public refuse*
to sell the stnplc ap|*flna to tie the 1“
stay, ami unless Liverpool dt«nlny* *r
1 < • 111:»r k 111 • 1 *• jirlee |m«h|ihI-ih IliU munitug
the cIs-Atlnntle rings may experience a r
turn of deadlock conditions, tnodlfied po*s
hly. but none the li*«» tnntnllzliis. Truth I
nt Hie moment there Is too anuria loglr In
the belief that the tall weevil nnd exeesnlv
inolsturi* I* doing enough damage to |#
dure hcnrlsli discomfort, thnt foreign eidn
nera will mil cotton In volume slmuM IJv
erpool decline sharply, and that August
mny bring n emp scare. Kcnlper* who luiv
sold short without thought ns to the n*n
nihility of nn enrty frost rannot be reltal
ut>on to sit on the ltd should the bulls tliuf
sufficient fuel to mnke the pot tall again,
Meanwhile the outhudi I* f*»r n sinnll nnil
narrow mnrkct. totnlly devoid of imblle lu
tereat nnd dependent almost wholly upon
room traders for dnlly activity.
The world needs a Idg crop. If fnr no
other pnrpoxe than for the llmtariiig up of
the now ru*ty cotton trade machinery.
St •> cunt Ion la tad for evorylKidy.—Wore Sc
tala nd.
STOCKS REVIEWED
B YNEW YORK SUN
New York. Aug. 7.— 1 The Hun anyi: With
out any aid fmm tamlmi. where huslnena
wn* suspended, the innrket here opeued
with snkarnntlal advances all around, nnd
during the fwsssiu price* generally worked
tnunrd 11 higher level. After the find lutur
nr so broker* begun t^p leave th«* floor on ac
count of the hunt, nnd by the noon hour
the attendance lmd dwindled to aninll pro
portions. This rnused n contraction in
he volume of business, hut the innrket con
tinned firm, and In the Inst hour n nmnlwr
f Important storks recovered to ntaut the
SOMEWHAT HIGHER
Early Foreign Bullish Re
ports Started Fairly
Good Buying.
LITTLE WAS OFFERED
At the Close Wheat Waa a
Fraction Higher—Com a
Fraction Lower.
By Private {.eased Wire.
Chicago. Aug. 7.—Bull Interests are under
the wheat mnrknt. It will not ta allowed
to decline unless a Innjnr movement mar
ket ward la <i«iorwl. Hie longs lu wheat—
up to the tricks In the trade— lmd buying
orders III the hands of many of the big
cash houses In ordar tn make a changed nnd
stranger front. An enormous line of long
wheat la held here, In whtch the buses
are heavy and Hie hffidvr* are doitmim t»f
turning prices upunnl so thnt a Nultnbte
dumping groiiml may he constructed for
the tail holdings. Wheat cl..** .| ' t fi
higher, font was off Hff%e. Otis nera
He off to He up. Hog prtMlin ts were 12H»t
Pp to 2He off.
t.'nsh grain transactions were modernt#
hera ami at the scolumnl. The visible sup
ply shows Increase* «»f 97S.^»> bushels vMiit
atid 149.007 oats, while corn liicreas<*t| 1.S44.-
CHICAGO GRAIN MARKET.
Open.
WHEAT-
Hepf 72H
Dec 76'i
May 79
CORN—
Hepf 49
’Ve 45%
lay 46%
OATH-
Illgh.
73*4,
i
48%
8
K:::: M tt n
Mny 31% 61% 31% 31%
tisk
Jan.... 14.20
LARD—
ra... I.r%
81 DEB—
kept... 9.rr%
Oct... 8.97H ».*iV»
Jan... 7.61 7.0
t’AHII WHEAT—
No. J rad 72%«T73H;
8.V7H
y »2H
8.17%
• E%
8.17%
9.17H »» 9.23%
No. 3 724173: .No
No. 3 do 71 if/72.
LIVERPOOL GRAIN MARKET.
Wheat opened % lower: 1J6 p. m., % to
j Inner; closed % lower.
Corn opened and closed unchanged.
CHICAGO CAR LOT8.
Wheat..
Uorti.. .,
Onta.. ..
Hogs. .
NORTHWEAT CAR&
To<l3r. Week. Year.
I It consideration some scheme fe
relieving the money mark'd In tic fall, am
m I. |.- i-cilr.-nciit "f n ; ,.it(|nii «.f the 4 pe
cents maturing negt fvir wns reganb'd a
tinf»fy fhe most fcclbb* method ef nfnr
lie treasury’s nwill.tbb- funds nt th
nl of tic fiiiHlm'ft* com It wa
pgreed thnt there
Ini'"
arminpllsli the Nff
nttrlh
treasury depnrtn
t 4*1
ATLANTA NATIONAL BANK
ATLANTA, GA.
:. E. CURRIER. PrttltiaM. A. E. THORNTON, Vie*-ProjIU.nl-
-I. T. INMAN, Vlce-Pratld,nL QBO. R. DONOVAN, Cathl.r.
JAMES 8. FLOYD, Ats't Cathl.r.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
HUBBARD BROS & CO., Sts
Atlanta Office,. 214-321 Century BulMing.
Member* New York Cotton Exchange. New Or
lean. Cotton Exchange, Liverpool Cotton Aseo
elation. Chicago Board of Trado. New York Cot-
Tee Exchange, New York Produce Exchange.
BuilneM aollclted for the above exchange,.
Direct wire aervlce. Correspondence invited.
Phone, 454, Long Dlitance3». A.S. Huttace. Mgr.
Hawkins, President.
Tumnai C. Krwln.
R. W. fryers. Asst.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
DIRECTORS:
Frank ffowkluc.
II. M. Atkinson.
Joseph A- McCord.
J. II Nunnally.
J Carroll Vnyae.
K. R lt4>Mer.
Dnrld Woo. I ward
MADD0X-RUCKER BANKING CO.
ware: a leland
COTTON, GRAIN, PROVJSIONSrSTOCKS, BONDS,
Is. 2 Wall SI., ftfsrs Iffnsfs. G».
HIM UK S:
_ u.-i feitton fidliMf. Chicago Kurd of Trado.
Ktw Orloaot Callao Inhajgo. Chicago iiaekiichajgo.
CAPITAL
SURPLUS AND PROFITS
ACCOUNTS INVITED
Liverpool Colloo Aitoclalloa.
fell Shoot I2i7.
•Uta tnhaogo.
Manage
Standard rhane 291.
$200,000.00
1500,000.00
Wc invite nixxtunts of indlridnAls, corporation*, banks
nnd hankers and offer tho best terms consistent with
conservative banking.
at the Bata of 3 1*2 per