The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 07, 1906, Image 11
THE ATLANTA GEORGIAN.
TTEARAY. ArorRT 7. 190*
JOSEPH B. LIVELY
( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
Mr. Lively* 26 years* experlo
)f editing mnrket* In .Atlanta t
(hi* South hna made him a i
utilised authority In hla special
ENGLISH CABLES
WEREJAVORABLE
After Its Holidays Prices
Started Better Than
Expected.
NEW YORK BEARISH
Prevented a Full Response
to the Strength Abroad.
Fluctuations Narrow.
By Private Leased Wire.
Nmt York. Aug. 7.—The cotton market
•nenlnff here was disappointing to those
who had expected that the list would fol
low quotations at Liverpool. The room
trader*, who were still bearish at heart,
iupplled the demand, preventing a full
response to the strength nhmnd. This to-
cnl pressure was In pnrt from interests that
went long at the hototn, hot who have
turned sgaln to the short side ns offering
the most attraction for the Immediate fu
ture. ' .
8POT COTTON MARKET.
Atlanta, steady at 10%c.
New York, quiet at lo.9n c .
New Orleans, easy at 10S*16c.
lJverpool, quiet nt 6.93d. •
Augusta, quiet at 10%e.
Savannah, quiet nt 10 6-16c.
LIVERPOOL COTTON~MARKET.
IJverpool, Aug. 7. 12:15 p. in.—Cotton,
•pot quiet, with prices carter; middling
uplands 6.90U; tales 5.000: Atnerlcnn 4,200;
speculation and export 600; receipts 5.000;
America n 100.
Futures opened quiet.
Opening rrerlotu
usage. Close. Clone.
August 5.665.63 5.12 6.72
AuSnst-Sept 5.60557 6.565.57 i.66
Kept.-Oct.. . .. . ..6 56-5.64 6.61-5.62 6.61-5.62
.-Nov.. ... .6.62-5.49 6.47-5.41
TODAY'S PORT RECEIPTS.
1304
IKS
Now Orleans
619
4217
141«
7*41
Mobile
t«-
*& ;
Charleston
9
Wilmington
.4 ;
Norfolk . . .
•796
90
• ?
Philadelphia
25
* L
Han Francisco. . ,. . .
17
••••*> c
Total. .......
4319
1S0M J
INTERIOR MOVEMENT.
sane day lust year:
Houston. .
Augusts. .
Memphis. .
St. £ett|g.
Cincinnati.
Total. . .
1906
1905 t^
%
61
237 .
160
436. h
80 n
S3 e
5'
1740
NEWS AND GOSSIP
Of the Fleecy Staple.
■nji: “The
“ steady and
Private Wire to (ilhcrt A Clay.
New York. Aug. 7.—Liverpool 9 down from
August 3. Was tiue about 13 down.
lue failure of the market to open higher
was due to hnuinu-rlng l»y the (oral trailers
mi the theory that cotton iHiught for a re
action Is still for sale.
Ilovanl Wilson bids 10.16 for 16,000 Jon*
Tin* Journal of Cotntuefn
market nt the opening had
healthy tone, with tajfce Imlicntl
|’iirent of n larger volume of trade to come
The Jobbing houses had an especially active
day. despite the great heat, and In the
commission houses It was said that mail
uevs was very satisfactory/* •
The room trader* are hammering the
market on bearish news from Liverpool.
Selma’s flrst bale of rottou received to
day— same day as last year's flrst.
New Orleans, Aug. 7.—Liverpool at 9 d
Is better than expected. Was due to *
n decline of 11 points on our market, uufa
ramble crop accounts since the bureau i
port causing the failure to fully respond.
Liverpool cables: "Expert temporary
rally; market steady and continent buy
Map Is less favorable owing to the
nued rains which are fairly general,
weather Is still unsettled with clomly con
ditions prevailing and a low barometric
pressure of largo area extending over west
ern Texas.
There has been considerable cotton for
sale this morning, hut the market has
found little difficulty In absorbing offerings,
Offerings principally by straddles on favor
able differences.
Weld k Co. wire from Nsw York; "Ouf
«rn people in Texas advise us of crop de
terioration owing to weevil and worms; en
tirely too much rain, ltalns have occurred
Again In north and south Texas and At
Inntlc states. American spinners ore buy
log*"
fe4r York. Aug. 7.—Liverpool futures
opened Irregular, 6 down on near and 7
down on late; at 12:15 p. in., 8 down; quiet
tut steady. Rales 6,000. Spots 8 down, nt
mures due to come 12 to 16 down.
bought about 19,000 October at 10c
for Miller 8k Co.
“’he New York cotton market opened a
...:le disappointing on Liverpool rubles.
Helling very general by com mission houses
And locals. New Orleans and- Liverpool
sold cotton here. Hulls are dlssppalr^ *
and are Inclined to sell.cotton. Don't
THE FIRST
Loudon Was More a Factor
Than It has Been For
Some Time.
sold cotton here. Hulls are disappointed
and are Incltued to sell
lleve advance will hold.
Dulls aPDeu
HHPHHPHHHHRVfafeietlao
that they claim Is overdue does not mate*
rlatlxe. The truth of the inntter appears
‘ ’ "I Interest noun*
ting about does
uea; market ia srenuy.
Igirce recelpta of new cotton nt Houston
the chief reason why the local market did
not respond to favorable cables from Liver-
the market baa an
„ spot It Is a asks.
■Waco wires • ...ejonaburg Sc Sulllvs
Forty-mile drive through the country. 1*
weevil and worms damage getting very i
rfoun. ltalns continue.”
DAILY COTTON LETTER.
New Orleans, Aug. 7.—On the opening
,wted. - Nevertheless, values do-
until, «*u the dose, a net loss of
s was recorded, while spot sales
d.to 6,009 bales nt n decline of 8
Itrlatlvely spooking, the local iner-
«... ^ easier than either of the other
two cotton renters, and the wider differ
ence In parity made pnrebates here around
the opening attraction nnd gnve considerable
support to the market, sufiTclent, nt least,
for t brief period to alisnrb the compare-
' e offerings, but not lasting enough
i In ope aims prices. Today's map
derod Iras favorable, general ruins
-aln fallen over the belt, nnd fore-
tinue to Indicate unsettle,] wentb-
WAS A HEAVY BUYER
Pennsylvania Was a Prom
inent Feature of the
Early Trading.
By Frlrnte Leased Wire. »
New York. Aug. 7.—The market this
morning was In most respects a repetition
of yesterday’s movement. Trading was not
particularly active, neither was It dull.
Ilut the feature again was the small qunn
tlty of buying necessary to cause a shnr|i
Advance In prices. This characteristic ap
peared somewhat more general than
had yesterday, giving the market a bn
er aspect. While previous favorites, like
St. I*aul and Union and Southern pacific,
returned t<> fludr high price levels ngnln,
they uo longer In the same degree monop<
diced the trading Interest. The whole
Pennsylvania group were notably strong
and active, ns also were the Hjeels. liven
Missouri Pacific nnd other of the dominant
southwestern stocks showed signs of con
siderable life.
In the stock market. Initial prices show-
1 a * 1 '“ •** »—• 1 v ’—
York
“ ‘tins common, .
; Ht. Paul gained
; Northern Pacific Is ad-
.. the flrst hour, nnd price* general-
made advance* ranging from H02V6
points over the ottenlng. London wan more
f * factor than ft has lieen for some time,
.rhl trace brokers took fully 25,009 shares.
Vnnsylvnnln waa a prominent feature or
He early trading, and was Ixwight on a
..irge scale by strong hrmsra. Colorado
Fuel advanced l%c oil tmylng by the name
Interests that were active' In Northern Pa
cific storks.
Government bonds unchanged.
Ollier bonds firm.
RANGE OF NEW YORK STOCK MARKET
r
Amalgamated tVqqnw .•
American Sugar Ib-Mitlng
Atlantic Coast Line
A11. i < -111111 n
American locomotive
do. preferred
American SmHtlug Hefiulng
LONDON STOCK MARKET.
Atchison
do. preferred
American Cotton (JII,.;
Baltimore nnd Ohio
B’ i'oU\ ii Rapid Transit
Cnn.idl.iii Pacific
Chicago nnd Northwestern
Chesapeake nnd Ohio
Colorado Fuel and Iron
Central Leather
do, preferred...,
Chicago nnd Great Western
Chicago. Milwaukee and St. Paul
Delaware and Hudson...*.
Electric
Illinois Central
erlenn Ice Securities
liTflle nnd Nashville
clean Central
Missouri Pacific
New York. Ontario nnd Western
National Lead
Northern Pacific
New York Central 142»«
Norfolk and Western....» | 91V
1’rnns.v It aula jjjtZ
People-* tin* ...
Republic Hteel 1*.
Boric Island
do, preferred
United States Rubber
do, preferred
Southern Pacific
Southern Hallway
do? preferred....*
Slons Sheffield.... *
Tennessee Coal nnd Iron
Texas and Pacific
Union Pacific
United States steel
d«. preferred
Virginia-Carolina Chemical
do, preferred.....
Western Union
Wabash ;
do. preferred
Wisconsin Central *
do, preferred.................
Total stock 'sales toifny"729.6$) shares.
NOTES ON GRAIN
Pointers on Provisions.
says:
The Chicago
sales of wheat
100,000 bushels, corn JJ0.0U0, nnd oats 1C5.OJ0
ale* were 2(4.009 wheat In alt po-
RANGE OF THE COTTON MARKET
AT NEW YORK.
STOCK—
Anaconda
Atchison .
Canadian Pacific
Cldc.. Mil. nnd fit. Pant...
Brie
Illinois Central..
Louisville and Nashville.. .
New York Central
jVnnsyplvnnla.. .. ..... .
Son them Pacific
Union Pacific
United States Steel
do. preferred
GOVERNMENT WEEKLY
REPORT ON WEATHER
WARE A LELAND'S
DAILY COTTON LETTER
New York, Aug. 7.—It was generally ex
pected that the Liverpool market, after
the two days’ holiday, would hardly re-
spend to. the break in New York, while
that market was closed. This expectation
was realised, hut the market Itself failed
to hold the Initial ndvnnco and later on
In the day all the recovery was lost with
price* selling at the low figure of fhe pres
ent movement. Weather In the south gen*
••rally favorable nnd there seemed to l»c no
support worthy of mime. An effort was
made to hold the market through pnrehnsea
of January and December, on which holders
attempted to sell October, but the operation
failed In Its purpose, nnd whenever October
was offered the entire ninrket broke away
rapidly. The simple fact of the matter i*
that the erop Is doing very well nnd Is re
reiving so much moisture that drouth, the
only development to bo feared nt this sea
son. Is very fsr awny. It Is now the time
when Ron them marketer* of cotton will
begin to h<*dgc their cotton with sales of
future*, nnd It Is difficult to see how the
market can stand this selling at 10c a
pound. It looks very mnrh as though there
was too much cotton In prospect to en
courage haying, nnd either one of two
things must'happen. KIther there must be
n Mg erop disaster or n decline In prl
Thus far Indications seem to point to
latter:
COFFEE MARKET.
New York, Aug. 7.—The eoffep ninrket
opened firm at advance of 5 to 15 {mints.
At the enll progressed heavy Wall street
profit-taking developed, nnd the late months
were only 5 to 10 point* net higher. There
wa* enough deinnnd to nh«orh the large
offering* around the Initial figures, nnd the
ninrket showed a fine tone daring the fore-
nooo. Kttrope ami trade Interest! appeared
to t*. the buyers.—filbert A CTlay.
Following tii the * i —
r ’f the New York <
January.. .
K-hrwry..
March..
April
Jane
Julr ,
Anjtmt
. nlnn
.7Jt-1.fi
Keptemher." * *..* * *.. * *.*.* *.7.3>
October 7.35-7.46
November.. 7.45
Itecember 7.56-7. Li
Closed barely steady.
7.49-1.-
7.69- 7.55
753-7.m
7.C3-7.7*
7.70- 7.76
7.76-7.90
i:SB
ill
THE LIVE STOCK MARKET.
Bt IMr.lt Laud Wire.
CUnn Atir. re-
—I|'I« K.I.J- 1S,|«A. Market ,Irons to .hade
hither: oualltr fair; left orer I.Ttt: Imtk
r.ifnmte.1 for tomorrow 7J/on ;
■ irtit ItmtaK: mlro.1 »ta®6.«n4; hrjrr
rm.an ISTMikK; pita
,rorker« r( »a.«Ct7»: »nod to etndee
.’a/llo—K.tlmnteil reeelnla Ike. Market
.teadj- to Mrnna: .Iiialtlr fair: t.eero. $.1 ^rtj
•Si; enwa tit) 1.3: belfera Ji2^05 n: .-.Ire.
in oth«r hand, the covernmenfa week-
review of the weather waa eteenllnalr
..rornhle and aeemed to Indtrnte that the
frenuent rnlna hare heen heneltelal. nnd
that nin'rojlinately normal tem|ieraturea
with overentt ,klc» prernlled.
ATLANTA MARKETS.
FRUITS AND PRODUCE.
Officially corrected by Atlaata Fruit aw
Produce exeba
‘reduce exchang*.
Lemons. I4.75fi6.00.
Limes 60 to 76c.
Peaches, per crate, H-0<
ooarv.60.
EH
DOS, straights, i-- ..
«... Calls, per bun'.n, fl to IL25.
Watermelons. 17.60 to 620.00 per lOOj de.
iTsrnPB, I'fi *
fiSSSShtSSU* 5=rbreju» «•
11.75.
POl’LTItV AND COUNTRY PltODUCE.-
Ltvc hens X to 37Hc: fries 22M to Se:
broilers 15 to 22Hc. Live ducks, Tekln 3i
to S6c; paddle 26 to 27%c.
Dressod hens, per lb.. 12c to 12c.
Fags, per dozeu. 15 to 16c. •
Batter, table, per lb.. 20 to 22Hc; cook-
Inc. per lb., 12V5e to 15c.
1 nouey—New 5S10c lb.; In 1-ID- rack* 10
6 VUG F.T A B LK8.—Irish potatoes. Nat
stock 64 barrel; No. 2 sjock 62.60.
Old sweet potatoes, per bushel. 61 to 6
w sweet potatoes 61.60 bushel.
FLOUR. GRAIN. PROVISIONS.
l.o * ‘ ’■*
patent,
rtlltN—Choice red "ob. 7«c; No. 2 white,
*•; No. 2 Jcffow, f4e; mixed. 73c.
OATH < li-'bc W'hltf cllppetl. n.’.-; . I»..|
white, 5*jc; choice mixed, 48c; Texas rust
proof. Mr.
kIKAly—
TJc; I mite.. .w —. w-- t, ifi-y. —.
rthorts, white. 21.56; medium. 6L40; brown.
61 SB: pare bran. 61.10; mlxeil bran, 61.66* *
IIAV.-Ttmnthj-. Sn tarsn ((.lo.. 11.10:
do, choice small bales. 61.06; do. No. 1
tliii.itItv bales, 61: No. * 61; dix. No. 1
clover mixed, 61.00; do, Na 2 closed mixed,
CLOVER-—Cholee
The above prices are f. o. b. Atlanta, aad
subject to fmmedlal# «ec«*ptance.
GROCERIES.
SUGAR—Standard arnnnlatetl. 65.30. New
York Refined, 5!4; pl/intailons, 6H- Market
verr strong.
CO FFEE- Roasted Aftmcklos 61«.50,
bulk. In bags or barrels. 13c; green, 19 to
•>. Market strong.
BICE.—Carolina 4% to 7V4c, according ta
grade. Market verv strong.
C1IBKSR—Fancy full crenm dairy, 14*4c;
twins 14c; brick. He. Market strong.
PBOVI8ION8—Supreme hams. 15e. pore
hams lSVsc. Csllfornla ham* !0Sj£2 Utd Cross
hams. I6e. l»rr salt extra rlli*. 62-67; helllra.
*^5 pis.. 619.31: f«t hocks. *e: nlgtcs. Sr;
. . — — **-•- ~ g Dotv
62-40fH -*o
Kbeep— ■
ket strong •«
prime steers 66.15^6.60; poor
3.i5Q5.lO; stackers ami ferelers
higher:
jwiws
line. IS; kmW
il.M
[M'l-r fair:
W B AtAMMA »T.
GIBERT & CLAY
STOCKS. BONO*.
COTTON. ORAIN.
corrcc. eaoviaiowa
ATLANTA. OA.
ICNBCMi
i.v-w f)r1-nn, B'-ard of Tr.3, iin.v-.ion tolton Kvhnntw
.'ew inri vows u ... - rv-
Krw York Cottt* Eicn.nj. I-N.w Orl®
Private ...— ^
L.c.1 and Long Dlatanc, Ttl.phon. S£9t.
, R. FAGAN, M.n. 0 Mk
Alabama—Fair weather with ample
eunshlne prevailed during the flrnt four
dayn. The last three days were gen
erally cloudy with showers over the
greater part of the state, the rainfall
being heavy In a few widely scattered
localities. Tha temperature waa nearly
normal.
Artianana—The sunshine was abun
dant anil the temperature above the
normal and favorable. Rainfall vary
light »nd below normal everywhere ex
cept In Union county. Heneltelal show
er* occurred In the northeastern coun
tie*. Dry weather wa* highly benefi
cial over the greater part of the state.
Georgia—Over moat, of the stale the
weather w*» cloudy with frequent
showers, the rainfall being heavy to
excessive In scattered localities, but
below the normal tn most district..
The humidity waa high and the tem
perature moderate, the latter being
from 1 degree to S degrees below the
normal.
Louisiana—The weather was partly
cloudy and light scattered showers oc
curred every day. The precipitation,
however, waa below the normal except
In a faw localities where the rainfall
was between 1 and J Inches. Temper
ature and sunshine about normal.
Mississippi—The weather wu gen
erally fair with abundant sunshine ex
cept during the dosing days, when
local showers occurred. The rainfall
exceeded one Inch over small areas In
the eastern and southern portions, but
elsewhere wa* generally light. Tem
perature was comparatively uniform
and nearly normal.
North Carolina—The weather wa«
generally cloudy and eultry. There
waa 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 counties and caused considerable
damage.
Oklahoma and Indian Territory—The
mean temperature was ellghtly below
the normal. Tha forepart of the week
waa. dry, warm and dear. The latter
part waa cooler nnd cloudy with light
to copious showers over the entire sec
tion.
South Carolina—The weather was
generally cloudy with frequent show
ers over the whole state. The precipi
tation waa heaviest In the northern,
western and southeastern . counties,
where It wa* much above the normal.
Mean temperature ellghtly below the
normal.
Texas—Scattered light to heavy
show-era occurred dally, being most
numerous on Sunday. The rainfall
was heavy In western, southwestern,
north central and northern counties
and below" the normal In the extreme
northwestern portion on -the Immediate
roast and In eastern and numerous
central counties. The mean tempera
ture w as below the normal except In a
number of the northweetem counties
and on the southwestern coast, where
It was notmal. 8un»hlne !■ much
needed In many lornlltlee.
Tennessee—Temperature avemgrd
about normal except In the western
portion, where it mbs above. The
rainfall was considerably below the
normal, consisting nt scattered show
ers. generally light. The week was
generally favorable.
The following Is the ranee la cottas
futures In New York tedar:
I-n.i I'revteu.
Open. Utah, wow --!u Close. Cloeo.
Aug. . i n ».?.> I.t» ».<0 S.fi'711
Kept. . 9.K> *.90 9.70 *.71 9.99-70 9.94-K
tK-t. .I0.M 10.0; 9.K! *.» 9.K-M 10.01-03
Nov. .10.03' 10.03 9.91 9.91 9.X7-S 10.010(1
I tee. .10.10 10.10 9.93 9.91 9.93 91 10.3-M
inti. .10.10 10.17 10.00 tool 10.010! 10.1-11
Nov'. !lit'.it io» Mcii io.it lotl-ll IomIsJ
sfiiv!' .'lo.'io lo.'io low 1036 !o:i:* .'!!!!!
Closed I hi rely steady.
AT NEW ORLEAN8.
The following Is the range In cotton
futures In New Ortraus today:
Iasi Previous
Open, filch. Lour- K*le. Clou*. Clos
Aug. .lu.43 10.43 ia» 19.25 10.24-36 10.40
$ept. .10.12 10.12 19.00 19.00 M9-19 10.12
fot. . t.96 9.99 9.SS 9.8* 9.96-M !>.W»
Nov 9.96-88 P.'O- >1
Dee. .10.01 10.02 9.86 O.Ki 9.16 83 10.01-92
Jan. .10.06 10.07 9.93 9.94 9.96-96 10.06-00
Feb 9.93-02 iai6-16
Mar. .10.99 10.20. 10.07 10.07 l<M»-69 19.99-21
Closed steady.
TIPS FLASHED
From Wall Street
Private Wire to Ware Sc Leland.
New York. Aug. 7.—Ijondon firm over the
holiday*. % to % up. with a sharp rise n
ronsnls. reflecting Improved situation Ju
Itussln. ^ .
St-iitimrnt among loading operators and
commission houses lucllni** to bullishness,
(or It Is evident that Heeretarr tihnjv will
assist tlu* money market by either buying
64U.000.000 government Imnds or making de-
posits In national IHinkn.
.With-Mu erop* In sight, railroad am! In*
dual rial earning* showing large Increase, Jt
should work np to more public Intsreat In
the inurket and a gradual Improvement In
prlees. *
i hen r very atmug
7ichlaon. Erie.
ou Str>r\a anti
Honthern Hnllwny
COTTON 8EED OIL MARKET.
New York. August 7.—The market for
cotton Need oil was quiet nnd slightly easier.
There nppenred to be a little pressure In
August and Septemlier. and values eased
off under these offerlngN. Far deliveries
were quiet. The ninrket enfitlnues n wait-
log ■
with storks moderate.
oil to ffo with. The recant break In cott
nnd more eoiifldent estimate* of the rotton
erop are nntamllr having same influence
on sentiment. Prices at the dose were un
changed to \i loiver.—Ware A. Inland.
Ipdilug
Range.
top. w h. - a.
National Biscuit earnings Tor flrst six
mouths of 1906 equal to i per rent on the
common. Believe there Is 10 to 15 points to
lo» made on share* for n long null. Is now
— high 71 Vi In January. It Is practically
t proposition, as another extra
,nt i»a*i tlutit 1 per cent con
fiscal year, possibly
5 tier
\ blend
of not
Dow, Jone* & Co/s summary:
k-M III I' " ■"■•'Og. '» !•
parity.
entlinent Improving.
m Hnwaokee Avenue Rtats
bank of Chicago estimated nt 6700,000.
Harvesting In Northwest will Isreome gen
Stocfs ^lientlVuT In the loan crowd.
Better private demand for bond*,,
average
nnd for
cape-
er prtvnl
dally In small amounts.
Fifty-two road* for June show nvera,
ty-two read* fl
net- Increase of 19
floral year 21.90 wn.mKPT . ^ . .
Twenty-six road* for fourth week of July
show sverage gross Increase of IS.23 per
rent.
Prominent lainkers exneet no money
stringency this fall, provided stock specula
tion I* not over extehded. - • •
American Express stnclriMldsrs agitating
for 12 per cent dividend on atock.
Reports from Deuver Indicate Colorado
Fuel surplus fdr floral year ended June 90
Is 6i.ooo.ooa
Twelre IndastrinN advanced 1.1* per cent.
Twenty active railroads ndvnneed 1.29 per
ceoL
By Private Wire to Gtbert A Clay.
New York, Aug. 7.—Marahall, flpsder A
Co.: The I^odsn market waa stroog this
morning except for the Mteela a ml Ilnrrl-
nuins. but In a general way we expect oor
market to tw stipported and advise pur-
chases of Copper. Uteri preferred nnd
mh Pndfle at discretion,
null tips not on Canadian Psdflc. Ex
pert to seo It work higher.
Deeeiuher.. ..
January
Closed steady.
Mh
myirn
39I4A31
Export .
sllbuis. 40.(DO corn. 93.000 bushels oats.
('barters were made for 150.900 wheat and
96.0W corn at t|r to Buffalo.
A car of new spring wheat from I own .ar
rived hero yesterday. tl»e first this year.
The conutrv sold less wheat yesterday
than on nnr Moudny within a month. Cash
houses culled screptauces small, bat when
they came to figure the aggregate pur
chases they were of fslr voTume. pnrttru*
Inrly of s*»(t \vh<*nt. which exceeded ex I Na
tations. Very lew bids were # s«nt out Hat-
urdny night owing to the decline In price*,
nnd buyers did not Innk for large accept-
aliens. Fanners are snld to be selling less
« partleakrfj la the Roufhu es(, where
rains hare de| a ye<l threshing. Bids sent
out last night were 44c higher thnn Hntur-
day.
American shipments of wheat last weak
were 40 per cent of the total exports from
all countries, nnd were appmlmately fetir
times the quantity exported last year. Ex-
twirls from ItiiNsIn showed n further marked
falling «df. while tudlnn rtilpmeutH were un-
expectedly large, or the total shlnmrvnts
unt shipped for orders were L016.S0)
compared to |jno.(M the week pre
vious. Continent*! namtrles t.«-k 2.440,00)
bushels.
Wheat sbH'ka In pnhlle elevators In Cbl-
engo last week Incrensrel 1.613.000 bushels,
corn decrenscii 00.000 and oats decrease«l
94.090 bushels.
. Aggregate stocks In all noaltbma Increnswl
3.031,000 wheat, decreasrel 80,000 corn, nml
Inerensrel 360.000 o*ts.
The Mouth Wn* In the market yesteeflny
for meats nml made large purchases. There
wna also n large export demand for bacon
and lard.
Stocks of uieata at tk Weatern narking
poluta are light es compare*! with Inst
yeor, nnd the trade Is sturtlng In heavier
tha 11 a year ago.
NEW CROP COTTON
IS BEING RECEIVED
New \nrb. Ang. 7.—The Hun oars: With
Liverpool closed, the cotton spcrulntlnn waa
lea# net Ire, and during the greater portion
of the day price* were Irregular, though
|he lluetuntlnns were comparatively narrow.
At one time early In the nesston prlees
weakened slightly owing to the fnct that
the weather nt the Mouth wa*
favorable. Room traders, !«*«»,
the Month sent selling orde
markets were quiet amt larg ...
new cotton were expected In the near fu
ture.
Yesterday Houston go( 617 new Imles,
"gainst none the same «lny last ywr.
fjiter on. however, covering of short*
linnnrfed a firmer tone to the mnrket. The
selling was by no menus aggressive, unuy
preferring to await more light on (he Bus-
A tm. Outlook for n good yield
present nppe.iranees U generally
Early Foreign Bullish Re
ports Started Fairly
Good Buying.
LITTLE WAS OFFERED
1 in* tan 1 oil l
vas generally
ini, sold and
*. The spot
»r receipts of
slnu si 1
niii t*
considered gnml. hut the weather during
the next few weeks will have nn Impor
tant bearing on this qnestb ‘ “
I 'UN'S III
one rases bad buylug
were report'
.lverpo.d l<Mln
w orde .
xas. Tb* 1
action of Liverpool iiwlnr I* awaited with
a good deni cf Interest, flint mnrket haring
heen rlntu*tl since the govern Bent rep*»ft
wna anuounre«l last week.—Glbert A Clay.
New Orleans. Aug. 7.—The Time#-Demo
crat say*: The spirit of caution ntovel
the tnletit. and yesterday*a cotton mnrket
.. . f uniat
reninrknbb* prb.
els Atlnntle rlngi
to
I Mil dlh
dues bearish illaeninfl
tiers will rail entton lit
rrpnol decline aharplv,
The question la being discussed In F/»n
don whether the war department or tlu
nary department has the legal right tn
buy an«l operate airships for fighting pur
pose*. Home suggest a new •leimrtaant of
national defense—the "Acrnlty. *
ily wr
dlele.
JruoL ...
st are removed to be hatched In
on Incubator.
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTOK HOCK BONDS GRAIN
Ground Floor Oould IIutiding. Dally
market letter and market manunl
mailed on appllcntlon.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Comspoidut’s Capital $250,000
RCrXRKNCK. THK NCAL BANK
PHONE I AIT. PaUOENTIALOLOO
HUBBARD BROS & CO., Sir.
Atlanta Office., J19-22I Century Building.
Member* New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Amo-
elation, Chicago Hoard of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Du.ineM solicited for the aboveexchangea.
Direct wire service. Corrc.pondence Invited.
Phonea 4S4, Long Dl«tance39. A.S. Hu.tacc. Mgr.
rnlug
.. _ ..parlance a re
turn nf deudhwk condition*, modified |»o**l
bly, but none the 1i»** tantalising. Truth I*,
nt the moment there I* ton much logic Ir
the belief tint the boll weevil nnd exratshri
>i«tiire la doing, enough damage to pro
fhnt foreign spin
•dunic Mhoiihl 1,1 v
nnd that August
HL_ bring a reap *enre. Healpcr* who hnrr
polil short without thought n» *0 the po*
slbllltr of on early frost cannot he relied
•on to *|t on the Ihl should the bull* Ibid
fflrlent /md to make the pot boll ngnln
■»r a small nnd
U
vD«>Hy upon
tlrlty.
The world need* a* big erop.
other ptirpn*e than for the limbering up of
the now rn*ty entton trade machinery,
stagnation Is bad for arerywody.—Ware &
Inland.
stocks~revFewed
B YNEW YORK SUN
At the Close Wheat Was a
Fraction Higher—Coni a
Fraction Lower.
ny Uilvnte Lei*e<I Wire.
t’hlengo, Aug. 7.—Bull IntereRt* nre under
the wheat market. It will not l»e allowed
to decline unless a larger movement nmr-
ket ward Is nsmired. The longs In wheat—
Irl. In III., trade had Inirlng
order* In the hands of many of the big
enslt honses In onlay to u
stronger front. An efioi
wheat Is held here, In
nre heavy and the huhh
turning prices upunrd
dumping ground may be const rue ted for
the Imll kidding*. Wheat closed 't&Vfec
higher. Corn was off Oats wera
**e off tn »4e up. Hog profluets Here 12V*C
up tn 2H r off-
fash grain
here nud at tin
ply shun* Inrn
ins line of tong
111 eh the losses
are desirous of
that a sultnlds
»ode
sta
Islble sup
,, J*e* or yis.oju imshels when
nd 143.000 outs, while rnra Increased 1.844,
on.
I’rlmary reee’nts rf wheat 065,000 Imshels
' billlicN. 1 nnipared with 846,-
alHMinl.
^ *.f 978.0» Imshels wheat
Idle rorq lucransefl 1,846,-
and corn 36C.ox>
000 nud 960.090 I
isliej* respectively
year
at 127.000,
CHICAGO GRAIN MARKET.
Open. High. Low.' Cio
Dec 751 *
nr 79
mnN—
Kept 49
Dee 45H
May 46%
OATS—
Hept... 21%
ee 83%
lay-xta 31%
I'ORK-
Mejit.. 17 05
Jan.... 11.20
LAUD—
Kept.H $.8T|4
mi
7.4
!>7',
■ »4
HIHP.H-
».274
Jnu
i";
46%
«%
3J%
31%
8.87%
K 92%
9-17%
i
4944
46%
34% 31%
IT. 12% 17.00
1: With-
business
aapftfs
New York. Aug. 7.—The Run
out tiny aid from I^tndnn. wl
was suspended, the mnrket
with substantial advance* nil __ a
during the forenoon price* generally worked
toward a higher level. After the first hour
or so broker* began to lenvo the floor on ne-
count of the heat, and by the noon hour
flu* Bll-nilnnr, i, n .| .InImllcl tn .mull prm
portion*. This enuseil a eimtrnctlon In
the volume of Imslm-ss. but the mnrket con
tinued firm. mn| in the IiimI hour a nundwr
of liniiortant stocks recovered to nlmut the
hlciiest level touched mi this movement.
t’AHH iarHHAi —
Na 2 red 72%OT8%;
hard winter 72t(72%; J
LIVERPOOL GRAIN MARKET.
Wheat opened % lower; 1:39 p» m.. % to
% lower; dosed \ lower.
('off opened and closed unchanged.
CHICAGO CAR LOTS.
Today. Tomorrow.
NCRTHWE8T CARS.
the northwest
nst year:
Mar Last
Week. Yeat.
Iind tinder eonsldet
relieving the money
> retirement <*f
nt - maturing nei
robnbly the most i
it In
for
he fall. I
h fNirtlnn of the 4 per
1 y.-nr was reganled as.
.asllde method of pine- 1
ig the treasury'* nvullable fuiel* at the
Usposnl of the business e.nnmunlty. It wn*
I that there were several other wnjv
pllsh the purpose nttrlbntei! to
port from Washington that Heeretary Hhnw ert A Clay.
he hesd of tbo treasury depn
r Gib-
r
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. E. CURRIER, President. A. E. THORNTON, V(c,-Pr.,ld,nt.
H. T. INMAN, Vlc.-Pre.ld.nt. OEO. R. DONOVAN, Cfil.r.
JAMES S. FLOYD, Ai.'t Cafiilar.
Capital $500,000.00
Surplus and Undivided Profits $500,000.4#
We Solicit Your Patronage.
Frank Hawkins, President.
M. Atkinson. Y. V. Tboniss' C. Krwln. A**t. r*shter.
■eph A. McCord. Cashier. IL W. ©yers. Asst. Cssklcr.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
Dr. A. W. rslboun.
Hilton Tmrgsn
John W. (frsnt.
Y. McCord.
DIRECTORS!
Frank Hawkins.
H. M. Atkinson.
Joneph A. SleCord.
}: H. Itonoer.
David Wo*vlward.
MADDOX-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
COTTON
■ Ygra;^, ^ro^isionS.HtoiKsPbonds,
ACCOUNTS INVITED
Ms 2 Wall St . Atlanta.
ChUafa Board of Trodo.
Chicago Slock lathango.
Now Toth Co flat tichaojo.
8. C COTMiAN. Uai
NUBBINS:
How Toth Cotton tsebonpo.
Now Orlraot Cotton lathango.
thereof! Cotton Attotlalioo.
Private Wiret to Now York, Now Orients, Chltagn.
Boll Phnno 1262.
Standard Ihaae 236.
. 6204,400.00
. $500,000.00
:d
Wc invito ncfounts of Individuals, corporations, hanks
nnd hankers nnd offer the host h'rnis consistent with
conservative hanking.
the Rate of 3 1-2 per