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JOSEPH B. LIVELY ~ —— “ *N Ur. Llridy’s 25 ■ THE GEORGIAN’S RECORD OF MARKETS AND FINANCE JESS borlty to Ills sp FEELING BETTER Liverpool Houses- Were Free Buyers iu the Early Trading. MARKET RULED FIRM Heavy Rains in North Cen tral Texas Was the Chief Influence. Br Tflvate Leased Wire. New York, Aug. 8.—In the rot ton innrket public cables were disappointing this morn in*. The bearish force of the advices from abroad, however, was more than offset by reports of heavy rains In north central Texas. Houses with private wires bought on the crop news and Liverpool houses pur chased October and December quite freely. The list ruled Arm after the start. Liverpool this morning somewhat better thnn expected In the futures department, opening about 5 to 6 points lower, whereas it was due to come about S points down. Futures recovered part of the loss on the e, iuf the spot flop:r*mcut n better demand was noted, sales aggregating 7.000 bales at • decline of 9 points, making middling 6.8ld. The New York innrket opened steady at unchanged prices to an advance of 3 points, which was not a foil response to the show* .........../ter the opening was toward Im provement, prices at mid-day showing gains •f 10 points all niong the line. It was reported that there was some cov ering on the storm In Texns. to which the advance was attributed.- The weather continues favorable. The semi-weekly Interior statement shows receipts of 8,242 bales, shipments 10,6*9. stock 102.822. So comparisons with last year given. , Receipts of new cotton in Texas are In creasing. 166 bales being received In Gal veston tpdny. Augusta got one new bill. 8POT COTTON MARKET. - Atlanta—Steady at 10%c. New York—Steady at 10.70c. l ew Orleans—Quiet-nt 10 6-16c. LIrerpool—Steady at 6.81d. Mverp«*M—eirmij ni w.on Aucii.in—8ti*ndjr nt xt. I.mil.-onli't nt I««c. Mrannnb—Quid* nt 10 5-Wo. (.'alinnlm*-HtmKly nt 10Hn. tinlrp.tnn—Strmly nt 10-Miv Bnltlmni*—Nnmliinl nt 10'ic. WllmlnttOn-XMilMk Ifoblln—flull nt 10c. Norfolk—Quiet nt 10Hc. NEWS AND GOSSIP Of the Fleecy Staple. Trlvate Wire to Glbert & flay. New York. August 8.—Liverpool 54 dow was expected 7 to 8 down. The market has a steady tone, pool and commission houses buying due to the report* of further heavy rains Texns, which also have a tendency cheek selling by the local traders. Carpenter Rngtott X Co. any: ‘Tor moment the market looks like it scalping affair with possibilities for n quick turn either side." Carpenter Gnggott Sc Co. say: “For favor the short side of the market. I lea* we are radically mtstaken In our reading of conditions, the market Is the verge of a very sharp break. Our ca bles state that Manchester advices a so bright ns they were.” The Journal of Commerce says: "Tho dry- goods market is In n very healthy dltlon, the day’s movement from primary hands and from Jobbing houses having been exceptionally good in stnple lines. Trices are showing a tendency to advance in sc ernl lines, but It Is plain that the levels are being forced naturally nnd through any desire of handlers to set fair values on merchandise thnt Is In de mand. Many factors In the trade licit eve thnt the present season I* to be i reptlonnl one In tho volume of trade, nnd their convictions nre based solely on the business already booked." New Orleans. August 8.—Liverpool at down Is about ns expected on our market. Today’s map is excellent—clear nnd dry— the only moisture recorded being In Ar kansas. Texas Is partly cloudy, but rain has fallen In the cotton growing dis tricts of the state. Mlnnfrln, Forgnn Sc Co., Liverpool. "Market looks higher on good bay ing." The innrket Is extremely narrow insofar * outside Interest is concerned, nnd trad ing this morning has been lnrgelv con lined to transferring nt attractive dlfferenthls. The relattre Liverpool differences has nlsc attracted n moderate qunntlty of straddles. Texns friends say: “Wo still*believe 11m demand for August cotton will bo suffi cient to sustain the market. Early re ceipts are still bringing good prices, nnd Interior buyers are trying to outbid each other for what is coming In dally." A dispatch front Gnuse.*Tex.. says: 'Tot- ton prospects nre being blighted by ever- increasing weevils. If such were not the case, nnr part of the country would make “ good cotton crop." Kennedy. Bee county. Texns, wires: ‘Tot ton is now coming in nt n lively rate nnd pickers nre In* demand, nnd while this crop |s good, the yield will not be heavy ns ex nee tod a few weeks ago." A special In the Tlmcs-Denmcrnt from Waco. Tex., an vs: “West Central Texns has been visited by torrential rains. Con siderable damage to growing crops is ex perienced.’' Private Wife to Ware A* Lelnnd. New York. August 8.—Liverpool futures opened steady. 5 points down LIVERPOOL COTTON MARKET. ton business moderate, with pnrp» tmnirr. Middling uplands, 5.Md; sales 7.003, Ameri can 6.100; speculation and export re ceipts 4.000. American M00, f utures opened easier.. Opening Previous Its life. Close. Close. Ai’m-i - 6.67446 MS 5.62 641-6.W 8.524.63 5.66-5.57 6.'«f-6.46 6.tf4.49 1.614.12 6.434.41 6.44 5.474.48 .6.43-6.41 6.444.45 S.474.4S Nept.-Oet. lMv\-Jnn. Jsn.-Feh. Kelt.-Mar. 5.434.42 5.444.45 6.474.48 . 5.444.42 6.454.48 6.4*4.41 ^ 45. 6.474.4* 5.504.61 TODAY’S PORT RECEIPTS. The fallowing table shows receipts at the C »ris today, compared with, the sumo duy *t year. New Orleans. Galveston. . .’ Mobile 8imn 11 unit. . . ( h.irlestni). . . Wilmington. . Norfolk. Heston. . *. . Philadelphia. Pensacola. . . »’Jl 168 864’" INTERIOR MOVEMENT. The following tnblo shows receipts nt the Interior towns today, compared with the tame day last year: !• utures 6 down on late: at 12:14 p.m. 4 to 7 down nnd barely steady. Kales. 7.M0. Knots points down ut Mud for middling. Fu due to come about 5 to 7 down, The New York cotton market opened quiet and steady. Just a* due on Liver pool. „ be Sold on any rally. Weather map looks good again today. New Orleans. August R.—Cables rtn^nbont ns expected. They were due 5 to 8 lower. For a Wednesday, “the tmom day". In Liv erpool, this is rather disheartening to tho balls. The weather map could hardly be more favorably. Hardly any rain Is reported thoVotton belt. Clenny bidding 9.90 for large quantities of Deeotnber, supposedly for Brown covering XX trying, to mnke capital opt of lhe Texas storm. Imt It Is generally thought storm damaged the rattle, and not the cot ton regions. Think the mnrkct will advance 8 or points today from enrlv prices. WARE A LELAND’S DAILY MARKET LETTER, In Texas w „..il the territories, whlrli -Anted to lie rather destructive In tunny directions. This change In the weath er situation, mining nfter such extensive liquidation of the last few days, wns suf ficient to start a covering movement thnt lifted prices about 10 points from the low level tonebed yesterday. On the advance many who had eovere»f short cotton began to sell moderately, and there wns so much for snle over 10e that the demand wns not aggressive enough to lend traders to re. gnrd the situation ns changed. Cotton luis luid an extensive decline the past ten days, and s react inn of 10 or 20 points Is not nt all unlikely. But the question concerning a more extensive recovery is one that mains to be determine.!. It will be railed thnt tho largest crops the Kontli ever raised, ns regards the production of lint per acre, were those of 1897 nnd l*'»s. At that tliup there were flood* In the storing „ tverflows Inter In the season that proved beneiirlnl rather thnn other- GIBERT a CLAY'S DAILY COTTON LETTER. New Orleans. August 8.—Liverpool Hated steady with option* showing s loss of from 3 to 4 points, while spot transaction* were In* to Tog) hales. Cable news was extreme o scarce and uninteresting In shedding a »y light on market nffnlrs. There wa* »«nie Increased activity In the market dur ing the day, prlmnrllv due to the nttrnr- ■tire differentials existing between tlie nev- •*tnl markets, which* since the bureau re- I’ctt of last Friday, hare been slowly re adjusting themselves. Nevertheless, the Market Is extremely narrow nnd lacks the nroader stroke of a more genera! Interest. Weather conditions nre ngaTn excellent, but t^pert* of damage., some actual, but the rrrater portion anticipatory by tho recent * X ‘T?**V moisture, have caused a cotisltl- ••rahle hardening up of prices augmented rnnsiderahly by covering of the short scalp ing Interest. However, sentiment seems to If against the market and takes the more tangible shape of n«si*tance when declines •f*«**ne Imminent, whereas support I# ttinns quantity when necessary to further . . •••••-« iiif ion 1 iuc mm interest Is mythological. THE 8UQAR MARKET. n v "Tr*- . Inrl, Au*. l/wnl rrflnM »mt r*» 'jui.r, imr mirhAnsM. lymAnn l^-t SJpM Omi; AlizuM 9, J'h-I. Si>pt,nil><-r H **. vr. full t.1 nil,I anrttnna In, «t>- roil,hi ■Ituntlon to Initurp sonrrnl luijrlnff for hlitii- or prl,-ni. In fort. It will require roniililrr- nlilr 1I4mure t on tbe niorkft. In thp rot ton New York. Aiitnint «.-Ttle .Inrjt market woo IrrrAulor ImUjr ami itavr ertilrnro of fnllowlna ,0 } I ” W L’ SSt fc sS wr rrroiHOirn-l that the trmlln* rolra a III lie nliarrrwl. buylne on weak apol. after • rrrrufnn and .rlllna vlrr vernn. ntTonl- In* to the Inillrlilnnl poaltlona of the at.Tks It. ihnitn hr terhnlrnl ami other ilnliie- aiarraalvelr l,ulll«li in IH11l,-o vjBurnii.- tandlnL Jndelne fruui lhe outlook at Ihla wrltln*. for the mnnrr rttoatlon la not elior nnd «t do not liellere a hi* boll market la llkfljr until money I. eaay, L. J. ANDER80N A CO.’S DAILY COTTON LETTER New York. An*. l-The foreljm market aitnln failed I" r-.|>ond tally to tho drrllnr In onr'market. The r.iiKlIah tradera Co on the Idea, nrwren for ao many yeara, tho, II la poor poller to aril rotten In the earlr ibiya of Auyu.t. Jitat at the lime when. If we are to bare any .top ararea and -wa- C alnla. they will heitlo ■•omla* In. Wr ire had farorahle weather for tne moat of lhe rroo no to Ihla time, kenee old ,-o,,on peotde°^th°nk l It very unlikely,, that Ihla Jinte of nlfalra will eantlnne Ihrmicb Aa- suat The erlileal perl.vl will extend not I Shoot the middle of September. "M'l ad- ready eomplnlnta are beylnnlc to eome from L ~ V- h^tl n-oorll mat I pVn;:^M h wej-..rr ? .«,.nd.h r dd,n*. I. hlle thla la not aerloua up to this time, a rontlnunnre of either the nnmerona ralna or apell of drouth would prohnbly do a freat NtVof ' In ibe h Atba'all.- mate* It I* ejnjjjjjd Ihy sr - «5B r„deTl4 tbejaotk J. ,«•I «-M M-torn bKvse 1 much^cetton111 a ''*«wh larger yield than at present Indicated becomes a GIBERT & CLAY STOCKS. OONO*. ALABAMA ST. SgOZg&glBKkS ATLANTA. BA. correc.» MIM6ERI1 fc p**. t °'* eats i5:r s?'.*.” ‘s’.'^k 1 KSS^lLH^W&^A^^nw , EBBS ^ tea towaBawinBBss Lac and L.oa D.aUnaIWSSSS «• ^OAN. Mananae. START IN STOCKS WAS IRREGULAR Good Sprinkling of the Act ive List Showed-Un changed Prices. READING IS STRONG Copper Opened a Fraction Lower—Later Recovered to Last Night’s Close. By Private Leased Wire. New York, Aug. 8.—Basing conclusions chiefly ou the speculative position, the pre- King sentiment In the morning's market is In favor of some reaction. It was felt that with such a narrow trading Interest ns has characterised the movement of prl for the past week the rise hnd gone too fast to hold without some setback. Acting on this view, there wns heavy selling for both accounts during tho session, stocks which have .recently beep loaders of the rise fell rather sharply. Borne side conditions eniphasixed the falling. One the likelihood of the dividend on t solldnted Gas being passed altogether, suggested liy the failure of the executive committee yesterday to art on tbe questlou. Another wns tho increasing doubt ns to tlie dividends on L'nlon nnd Southern I’n- rifle being raised In the near future, this skepticism being based ou the dNrfppolnt- moots already experienced ou tills scora Finally the heavy cash losses of the banks d the nceoinpnnylng signs of hardening In time money n tes made an unpleasant Impression. The .idling did not, however, appear nt nil hurried, nnd slackened on the In-line, the market at inid-dny being ex tremely dull. In the stock market opening figures show ed Ht. Paul, New York Outrnl. Sugar and Union Pacific unchanged. Heading started up 1H aud reacted U. Anaconda^ gained % per cent aud Pennsylvania, on 7,<Wu shares, -d on cqixl Improvement. Colorado Fuel, Erie, Ontario, nnd Western, Southern Pacific and Canadian Pacific gained ft. Amalgamated opened off Vfc, hut rallied to Inst night's Hose. Tin* stock market during the first hour ruh-1 heavy and prices generally showed declines from 1 to 2 points. It was hard to Hnd any special Incentive for the sud den change. Penn sylvan la continued prom inently active and strung. A. Eckstein buy ing Rom f-hari’s. L«mbm was also a heavy buyer of Pennsylvania. Brokers watching the trading say thnt n large part of tin* selling was for Sara toga account. Ill tho last few 'minutes fib • J»**)’y of stick ap peared exhausted and s»b**» boring o-ders appeared prices onsllv .-*lUed. laon.lnn was a heavy buyer of P* 3 i.ng aH I’ennsyl- RANGE OF NEW YORK STOCK MARKET Amalgamated • »pe;i 11icb I.mv < I • Cl alga united Copper jeriran Sugar Iteflning Atlantic Const Line...., Anscoudn American Locomotive i do. preferred American Smelting ltdlnlng Atchison- preferred..... Oil Amerlei. Baltimore and Ohio Brooklyn Itapld Transit Chicago and Northwestern Chesapeake ami Ohio 1 ilo Fuel nnd Iron 'bm;n-c'-;"iTv io} t tv 142 I 141H 143\* 1SS US’* J3»; j 126 IX 163VX1 I53S4 K.:S, 152SI l'*:S 153% lit: 116 116 I mi i iw% in. WVil M4' P.’S 92*4 U2’j 31% | , 12U%| Central Loathe ami Hudson.. • nnd St. Paul Chicago Chicago, mUVIV Distiller’s Kecnrltic do, prcfcrr«M| *, General Electric Illinois Central American Ice .Securities Lnnlsrllle and Nasbrille Mexican 4’entrni Missouri Pacific rk. Ontario nml Western i«l National Lei Northern Pacific New York Central Norfolk aud Western Pennsylvania People . 'aclfle Mall Beading Republic Steel k Island lo. • preferred United States Rubber .; do, prefer do. preferred Wota-Kljcffleld Tennessee Coal and Iron Texas and Pucllle Union Pacific United States Steel do. preferred •glnla-Carollna Chemical do, preferred Western l’nlon Wabash do. preferred do, preferred Total stock sales today. 656,609 share*. 168% 167%) bu-S: R-S ”204%| 204% 364 | 61*41 60Vf| c..jy 60% «.►% 51% 58%j 53% 53% 54% 39%: 39%| .T«% I I I 101% 101% 18% 18% I 18%| b>>4 U6% 1>5%| 1a5% 1ST‘4 222 I 222 221 I 221 59% 59%| 59%f 43%| 43% I 43% 43% i:;% 167 •*9% 145% 21% 167 I 167 i Iffi 167 i 111% 114’X: 141% .-'1*41 '-*l%| -1%I . 94%| 94%l 94% 4H | 47% : 47 si 4, -h! 32% 157% 4'l% | |1% Ifth, 106% gH 3^% 109 100 91% 91% . (1 j 1«%I 91 134%| 135% 125* 134% 91 ; 91 | 91%; 91 52% 52% 52 " 52% 41 I 44% 1)7 107% 75% 76% ri 32%, 33% 156%l LVi%t 15.% 40% I 4»%1 40% 1-Vv%| 106%) lf»% 37% | 37% 38% 101 10S% 109 91%; 91% 91% 46 47% m S RANGE OF THE COTTON MARKET AT NEW YORK. Tlio following ,1* the range la cotfoi High- • uar >U1tf Close. 9.K7 9.®J 9.67 9.64-0! 9.60 61 9.68 P.74 9.74-75 9.61-70 vnula and sold-other .nr *r uitlonal Issues. Goreniments uucbangml. other liomla firm. LONDON STOCJV MARKET. Atehlaon Atchison preferred. . Baltimore nnd Ohio. Canadian Pacific. . . Chesapeake nnd Ohio. hlntgo, Milwaukee fit Bt. .Jrle Illinois Central Louisville fit Nashville, . New York Central. . . . Reading. Southern Parlfic. . . , Southern Railway. . . ■’nlon Pacific. 'nltol States Steel. •. . nlted States Steel pfd irvi»i futuiea In New York t»-!.nrt I^i sr Previous .°» ” . f.6R .... Oct. . 9.« 9.92 9.83 9.89 9.88-SD 9.82-83 Nor. . 9.!sl 9.96 9.96 9.96 9.93 95 9.87-88 Dec. . 9.95 19.04 9.91 10.00 10.0001 9.W-94 .10.02 16,13 10.02 10.00 10.08-00 10.01-0*2 10.11-12 10.04-08 .10.16 lu.23 10.15 10.20 10.20-21 10.15-14 Closed steady. * Feb. AT NEW ORLEANS. , . J. ..' il.Vt Dec. . 9.87 9.96 Jan. . 9.96 10.02 rel» .... IPHH x .„„ Mar. .10.10 10.10 10.10 10.15 10.13-15 10.08-09 Closetl steady, 9.99-10 9.W-90 !* !«i 9 91 IG 9.93 9.92-93 9.99 9.99-11 10.04-06 :• .«9 i i :* ss v.i !• 9.W TIPS FLASHED From Wall Street Private Wire to Ware Sc Inland. New York. Aug. 8.—Lmdon slightly higher with money easy. There are hints of money flurries in Mall Street before the week's end. Six aiul seven months' losTis now 5% per rcut. Good opinion leans toward taking on the Western rails on dips. There Is a very strong pool in them nnd It Is now in dieted flint act earnings for 1906 will sin I’* * ibow i67% . 43% 176%,175% -- 146 111’; 133 I 77% 27%| 167g|l56%lM% I 4L STOCKS REVIEWED B YNEW YORK SUN .. penlng of nnd the tendency iluring the first hour ’ strongly upward, so that by 11 j *'* * /dock sev eral stocks mails new high record* for the f resent movement. There wns a better ecllng In Europe over {Hilltlral sltuatl. reversal of this position. Inter stock bring unloaded on the advance. There wns a continuance of go«Ml buying noted In the United States Hteci Issues yes terday. nnd a portion of the shirt Interest was forced to rover.—^filbert & Cloy. ATLANTA MAFKET8. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit IM latmons. 84-i5r/j.O l.lmes M to ibe. ’•caches, per crate, U-8MI1AA Pineapple*, 3L50 to *2.60. Wntcnnclo*«. 87.60 to fi^O.00 per 100: de. m i-oi;Fr7iY and roiiNTitv rnoDfCB.- Lire lien* 35 to 37%e: fries 22% to 25c: broilers U to 22%c. IJvc ducks. Peklu 34 Sic; puddle 26 to 27%c. Dressed hens, per lb.. 12c to 13c. Eggs, per dozen. 16 to lie. Butter, table, per lb.. 20 to 22%c; cook , per lb., 12%c to 16c. out-y—New *4/ 10c lb.; Io 1-lb. racks 10 <U2c. VEGETABLES—Irish potatoes. No. 1 stock *4 barrel; No. 2 sjock 82.50. Old sweet |Kitat«M-s. per boshet. 81 to 8L24; new sweet potatoes 31.60 bushel. FLOUR. GRAIN. PROVISIONS. FLOL’Il-J’ostHs Patent. 16.00; Diamond latent. 85Ao; Mnscnutah Ktnr. $4 65; fancy latent! 34.65;* R.-d Engle. 34.0;*Bbie itlhboi.. — -ring wh:-at potent. 35.25 in-in, k■ 1 , 00: fancy, 33 9); spring . p 75 CORN—Thnlce rH **Ob. 78c: No. 2 white. 71c; No. 2 >-n«»w. f4c; mlxe.1. 73<\ OATH-4’holre white flipped, 5Jc; choice white, 50c; choice mixed, 43c; Texas rust- roof, 60c. MEAL—IMsIn water ground, per bushel. Or; bolted 140-lb. jutes, per bushel. 65c; Shorts, white, J1..V); medium. 31.40; brown, ■‘,35: pure bran. 31.10; mixed bran. 31/4. HAY.—^ * * CLOVER—Choice 90c. . The al*oxr prices are f. o. b. Atlnnt ■object to Inuniillnte «eceptsncs. GROCERIE8. SUGAR—Wandard granulated. 33.20. New York Refined. 6%; plantations, 5%. Market COPVBE— Boasted Arlmcklo’s 316.50, bulk. In bag* or Imrrels, 13c; green. 10 to *>. Market strong. BICE.—Carolina 4% to 7%c, according to grade. Market very strong. CHEESE—F*ner full cremo dairy, twins J4c; lirlck. 14c. Market strong. bams. I5e. Urr *nlt i 3!i.V* rei Idrtl. t*> ~o. It. -1 «’ Drift Composml, 7%.-; Red is. 15c. Pore Red «’r..*i A7: licliies. nml watch- . HHHIH,. Jmthir loaB fii" nn irregular market nml believe It ad visable to secure profits on nil upturns. l,ookft as If a lot of long storks hod been thrown over, and they nre coining out m be bought lower uirowii im'ii nun »«•« chunks. Believe they don ii today. ■ , Dow. Jones Sc ('«.'■ summary: Americans In tendon quiet, imt mostly rather above * London ^market genernllv cheerful with fnrtiier advance In consnlik Suliwny flooded last night lielow Four teenth street. Railroads will test constitutionality of rail war rate MU. SSI0 Russian government Issues roll for new Great Western July earnings largest In Stocks plentiful In the loan crowd. Twenty-nine roads for fourth week of July show average gross Increase of 14.75 per cent. Fatnrable crop conditions cause check to advance In commodity prices. London reports easy money outlook. United Ktates Steel earnings for July were in excess of 3l3.W).00O. Enrlv advance in foundry Iron expected. Twelve Industrials advanced .12 per cent. Twenty m tlvc railroads advanced .22 per cent. COTTON SEED OIL MARKET. New York, Aug. 8.—The market for eot- ton seed oil wns dull nml heavy, with No vember, December nml Jnnunry all offered nt 21c on thfi early call, and tne far deliv eries slowly feeling tlie effect of the Im proved Idea* regarding the cotton crop. Near deliveries were dull, nnd tin* trade waiting for the development of activity In September and Ovtofter, iiiiturallr evehln 111* of outstanding speculative Interest l these months. Spots quiet with n moderate demand. Tbe market nt tho close was * regular, with prices %c lower to %c high —Ware Sc !.elaud. NOTES ON GRAIN Pointers on Provisions. ipoct a firms . irket. imt If we have n fair hulgi tod.li would s-|| ule-at short for i Inin heavy rains should be a stimulating nt*. Wright and Wells good sellers of Mny corn tliis morning. I pdlke best buyer of Heiitemner Wheat oulr Imre | Not ns iiihi'Ii bull enlluisla-iu a*, evpi-di d. I’eavy and Boseuliuum iMniglit. May bo dead wrong, but beUavs they nre full of com mid any selling * " *" break It l>elow 46c. tints steml lulsitlou li.nn l»c^t sellers of May. In provisions the large run of* hogs with prices ot j-“ * ‘ lug. st.M-k yunis nml locals led ttk lug. Brokers - thought to bo operating for Armour bought September pork. I’hlcago laier-Oceau: The wheat trade I* Impressed with the Idea that the movement of soft winter wheat has u discounted for the time being by the decline. There has been too mueli rain In the KoutInvest for a large movement. KoutInvest for a large movement. \e little deterioration ill quality. o\v heavy rains on the i * had been cut nnd put In tb . ... * stark. For two days the selling move nt from hedgers lias decreased, whll number of the elevator people have |i conspicuous buyers of •futures In the pit This menus that they are taking in their hedges nml nre nlsn selling cash wheat. Tlie Ctidnhys are the largest traders In corn. John t’ndnhy hns 2.0fc).i>on htuniid* «»f September, so the mrn pit gossip run tood line of Mny. Mike Cudahy bn large buyer of llajr corn , for sir l Ins n good sized holding, erlng by September shorts Ii for three day*, nml Mny lus be This hns widened the spread hetwi tember nnd Mny from 2e to alnii Hep 'hlcng«». Aegiisf s Liverpo.d respoixlx to r wheat firmness of yesterday. There seems t*» l*e good lofis for expecting fur ier ndrnnees In prices. Influential Interests continue to buy Mny com. liellere weather nml (unis. Feel ronfldi lietter. 4*hlcngo Record-Herald says: Export sales of wh»nf. nil positions, were reported Inst night nt 2<>uWi bushels, rubles from the •utlneiit were stronger than those of the ornlng nnd they rontniiied an evident Isposltlon to buy. Tlie afternoon bids ere In reflection of the day’s gnln here id showed thnt the continental buyers nt least woro willing to follow the market a anting threshing re mits will do considerably Hi tie tlrsl car of new spring wheat of the yenr arrived In (*hfcogo yesterday. It mine from Illinois nnd graded No. t The first car received last yenr wns on Aa- SOUTH A SELLER CAUSED DECLINE August .. September October .. November . December . Jnnunry ., Opening. f’lni .. 37%€(37% 37%?! Ulo COFFEE MARKET* New lork, August R.—The coffee market opened steady nt n decline of f. to l‘> points. which wns considered n very good showing lew of the lower French cables. There .. a good demand nt the Inltlnl decline nnd during the innrnlng prices rallied. Most of the loss wns recovered nnd In the earl; afternoon only n couple of months were points lower, while the balance of the list '/in.,,,; was net unchanged,—Glhort Opening. 7.80-7.15 7.45 7AO Private Wire to filbert St Cloy. Ier & New York. Aug. 8.—Marshall. Hnnder o.; “Unprecedented railroad earning* n [itendid crop* will hardly deter public Me. ffluent, nil other things !>elng fn •M the market has hardened ns n result of these considerations. Meantime, by the simple process of iioii-supiM*rt, we ore har ing n small reaction, which, we believe. /fl only tempt more extended public In terest In the tradjng.** March.. April.. . May.. .. 7 I.'. 7.60-7.« 7 6f, 7 7w 7 •* 7..-I September .... 7.10-7.15 <h’iol*er.. .. ,, ,, 7.10 Novemfver .. ,. .. 7.90 llccember. 7.26 Closed steady. 7.10-7.15 7 ir. 7 ji 7 :• * 7 .*"» 7-OT 35 7.40-45 7.45 7.60 7 f.M 7 7 IN. 7 O', 7.<m 7.'-, 7.00-7.05 i.oiV.i, iStk r. hl * ■ , ~' k ' natkrl '* " ** rc * , “ I b.lns Liverpool. Special to The Georgian. Newberry, H. C n Aug. 8.—One of the largest shipment* of cotton from New berry In several years was mode by Mr. O. McIL Holmes, a cotton buyer of this city. Twelve hundred bales were shipped In one lot, the destination right here. , , _ __ New York Financial Bnrenu: “Curbing “id of speculation Is Indicated by public nn«j private Interviews with banker* who do not anticipate any stringency In money un less excesses nre committed In the stock market. The market therefore will prolsi- Idy remain largely professional with mod erate liwrensc# In public Interest from time to time. Whether It Is long slock sold on profit account during strength, or whether it *s Is merely offered ns n check, make* but II tic difference, the dally operator nnd nt*- t- rnnre will fIiowMIuH some stock Is being 0 »rod on strong snots, and we recoin mend that attention be given to the limit* Indicated In detailed statement. Tbe policy seeuia to lie also to force the shortage to take Stock, ns manipulation Is bulllshly con ducted. and In thla wny Issues thnt are over sold will be raised more than others, whether «*r not they really deserv e a higher level, outside ..f the specialties therefore it seems wise to observe the trading rales as outlined. * DIRECTOR8 CANT MEET; NO QUORUM PRESENT. THE LIVE 870CK MARKET. By I*rlrnte I .eased Wire. Chicago. Aug. 5.—Hogs: Batlamtcd re ceipt* today, 29.089. Market 6 to lAc lower; quality fair; left over, 4,SH: bnlk. $6/Mi6.35: estimated for tomorrow, 26409; light. 38-2549 660; mixed. 96.tfe8.66; bravr. 35.7 *,« 17%: rough. IS.708MO: pigs, |J.4i)4f8.»; U'rkers. $K 6**: good to choice bear/. 884606.9). (Sftle— Estimated receipts, 23.090. Market steady to n shade lower; iiunllty fair; lireve*. |3.^>8640: rows. SI 000446: heifer*. 82.2906.87; calves. S5.9106.75; gr*o*| i.rlire* steers. 35.1508.18; iM*or to medium. 13.890 S.J0; stockers and feetb-rs. 12.4004.25. Hheep—Estimated receipts, 29.0J0, Market Steady; quality fair; native, western. 1.9^5 28; yearlings, Unit's. 34.5-’4j8.«<'. »2 vq 35.49^6.15; By Prirste Leased WIro. % New York, Aug. 8.—It was authori tatively stated about noon today that It was Impossible to secure n quorum f.'i the meeting ..f Hi,. <]ll« < t'»i s nf the i ’.>1 u ado Fuel Miiri h on <'«m»|*.iny, which had been called for today. SOUTHERN EXCHANGE Oldest Established Office South. COTTON - ITOCU BONOS OSAIN Ground Floor Gould Building. Dally market letter nnd market manual mailed on app*k*atlon. L. J. ANDERSON & CO Bankers and Brokers, 'cotton, stocks, grain Correspondent's Capitil $250,000 RcrmKNcr, tmc nkal bank PHONE MIT. PNUOCNTIAL BLOG New York, Aug. 8.—The Sun says: “The decline of 12 to 15 points In cotton was traceable largely t>» Southern selling. New Orleans nnd the South generally sent large selling orders in October nnd December, and local bears took ndvnntnge of the op portunity to asslHt In depressing the market. Commlslon houses which b'UJKht Oil M O i HI; I \ Hold ..lit, JUKI th*’l*> was a lack of support. The stock hero continues to decrease, tho total amount In licensed warehouses being 85,819 hales, ngnlnst 133,080 at thin time Inst year. Bullish crop reports were re ceived from the Atlantic stntes, but the complexion of the muikct changed later on when the Bouth appeared ns a heavy seller. The early buyers liqui dated, Wall street sold, so did spot In terests, while support was withdrawn. The lack of support encouraged bears and gave rise to tho belh-f finning some thnt the operate! recently ng- gresslve on the bull side hud abandon ed the campaign. However, this tnay be. sentiment wns more bearish thnn ever. The future of the market hinges largely on the weather. The cessation nf the showers In the Atlantic stnt and Texas would probably be regnrded by many as n sign for further nggrea slve operations for the decline. In any event the weather Is likely to have much to do with the course of the tnnr- k-t In the near future" Glbert & flay. New Orleans, Aug. 8.—Th# Times- Democrat: "Headstrong scalpers and unhorsed longs upset the logical program yester- du\' tt’.n mark'd should have fol lowed and I be American lings scored ji decline In place of the anticipated re covery. The* heavy movement of new' cotton nnd the spreading conviction th.it itie ( ro|» I* not onlv fairly early, but quite large as well are the Imme diate factors underlying the general price pessimism, nnd Europe must evi dence nn Intention to do buslnens on the telling scale In tho very nenr fu ture If a further decline Is to he avoid ed In the absence of a crop scare. On tin- m hole, th.- situation docs not war rant crumbling values at this time, though the public Is beginning to sell. The now sensnn’s supply and demand relations nre not yet well enough de fined to Justify speculative conviction other than that tin* bottom, wherever it may be, will be found well above price (dens based on ancient Ingle. Meanwhile, the talent Is slowly forc ing the price down to a level where the Inducement to buy the staple must ap peal to the spinner strongly enough to turn tho tide of bearish sentiment which Is persistent If not rampant non "—War* Sk Leland. INITIAL PRICES SLIGHTLY HIGHER Heavy Rains in Winter Spring Wheat Belts Chief Influence. and CABLES WERE FIRM HR Cash Interests Good Buy ers—In Late Trading Most of Advance Lost. By rrlrate I .eased Wire. Chicago, Aug. 8.— Closing prices for the day showed wheat l-4e higher, corn l-8633-8c better, oats up 1-8® 1-lc, but provisions were off 5(0 17 1-20 Cash transact Iona were 34 loads of wheat, 8 loads com and 60,000 bushels oats. At (he seaboard, 13,000 bushels of wheat, 135,000 corn and UO.Ql'fl oats at Chicago. The weather was Ktill against the bears and many shorts In wheat cov ered. Thursday Is to bo a fnlr day In BOctlona of the winter and spring wheat belts where needed and the mar ket will doubtless be adversely affected by the change. Iluslne.yi w.th of mod erate size and It was composed large ly of professional "charges" In alt the pits. Primary wheat receipts *1,326.000 bushels, nnd corn 340.000 bushels com pared with 1,104,000 and 445.000 bushel* respectively a year ago. Clearances for the day 325,000 bush- Hs wheat, 396,n "in and 8,o00 cats. CHICAGO GRAIN MARKET. Fit tan go grain nnd pro- i innrket quntnti*»nH for todny l'revie Open. High. Low. Close. Cloi Mny. . 7! COIIN- Hepf. . 4 n 80% » 79% oatA~ Hopt. . 31% 19% 45% 46% De<*. .. 32% Mny. . 34% TORK- Sept. .17.10 Jnn. .14.10 ,ABD- Sept. . 8.82% 31% 12% 34% 31 % 32% 34% Get Jnn ..8.12% HIDES- Hopt. . 9.17% Urt. .. 8.90 Jnn. .. 7.62% 9.17% Jv.X7% 7.6 J 9.17% K .S7% 7.62% I hnrd winter. 7U4fi72%. CHICAGO CAR LOTS. Todny. Tomorrow PRIMARY MOVEMENT. give the prln The fnlloning flgun nerement of wheat _ Wheat—Receipt* today. 1.236.1-00 bushels, hlP- . ).006 Is Inst jr#i ngnlnst 193.000 hi LIVERPOOL GRAIN MARKET. * % higher; I M p. in . U t higher. iiirhniiged; 1:30 p. ni , tin* % higher. higher; Corn « changed 80UTH CAROLINANS ON TRAMPING TOUR. Bpsrisl The Georgian. Newberrj', S. C, Aug. 8.—A party, consisting of \V. t». Mays. W. A. Me* Fall. Tom Wicker. James F. ttpllng. Dr. es P. Klnard and Rev. John K. Graves, left Newberry this morning on a trumping expedition for the moun tains of western North Carolina. It expected to make the entire trip, hlch will occupy several weeks, on foot. Mrs. Paul Hauiman. Funeral services of Mr*. Paul Haus- mnn will he held nt the residence, 457 ■hlngton street, at 4 o'clock Wed nesday afternoon. Rabbi David Marx officlalng. The follow Ing will act ns pnllhejirers: Mose Blum, Meyer Reg- ensteln, Leo Kahnweller, Mane Strauss, Ike Strauss, Julius Simon, Abe Green field and Marcus Loeb. The Interment will be nt Oakland cemetery. 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. N«w Oflttss. WARE^sfelF-LANO. COTTON^ "GRAIN, PROVISIONS, STOCKS, RONDS, 8s. 2 W»U 51., film hiMI*«. 4C». Kfffftff* few fsrft Citron Cklctfi loaf sf frsrf*. JVtw Orttsrt Cstfsn fidlMff. Cblcsji St0<h Itehiift. LUtrtoo: Cottoo AitocIttlon Him f#rl Citftt fidinf*. frlfilt Wirti )• Ht* York, Htw Orltt*t. CkU$f C. COTHMAtt. !*«•«(< SHI t120- Sltoktrd f PRRPLKS. Cashier. 4< LESTER. Ass't Cashier. MADD0X-RUCKER BANKING CO. CAPITAL 8200,000.00 SURPLUS AND PROFITS |500,000.00 ACCOUNTS INVITED Wo invite accounts of individuals, corporati6n«, 1 (antes and bankers and offer the best terms consistent u-itii conservative banking. In our Saving* Departromt we allow Interest at ths Rats of 3 1-2 psr _