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I JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Ur. Lively W editing J th** South /oenlseU au a 31 THn' experience nnrketa In Atlanta and bm miKli* him n r« borlty Id ills specialty. FEELING BETTER IN COTTON MARKET Liverpool Houses Were Free Buyers in the. Early Trading. market RULED FIRM Heavy Rains in North Cen tral Texas Was the Chief Influence. By rrlrote 1/nso.l Wire. New York, Aug. S.—Iu the cotton mnrkel wglillc cables wpre disappointing this morn Inf. The lien Hah force of the ml vices from abroad, however, wits more than offset by reports, of heavy . rains In north central Texas. Houses with private wires bought on the crop news and IdverpOOl houses pur chased October and December quite freely. The list ruled firm rffter the start. Liverpool this morning somewhat better than expected lu Ibe tutu res department, opening about 5 to 6 points lower, whereas It was due to come about 8 points flown. Futures recovered part of tho loss on the C *j'n^tho spot dep. r'ment a better demand wns noted, sales ng/regntlng 7,000 bales nt t decline of 9 points, oinking middling 6.Sld. The New York mnrket opened stead; * unchanged prices to an advance of 3 pol which-was not n full response to tb«* show ing mails by Mverpool. The tendency Im mediately aftor the opening wns toward Im provement, prices nt luhl-dav showing gains of 10 .points all along the line. It was reported that there wns some cov ering on the storm In Texas, to which the ndvsnce wns attributed. The weather continues favorable. The semi-weekly Interior statement shows receipts of 8,212 bales. «■ shipments 10.688. stock ■ 102.822.-1 No comparisons with last year given. • . Receipts of new cotton In Texas nre In creasing. ISO bales • being received In Gal- veston today, Augusta got one new bale. SPOT COTTON MARKET. Atlanta—Sternly at lOftc. New York—Steady nt 10.70c. few Orleans—Quiet at 10 6-16c. Liverpool—Steady at I.Od. Augusta—Steady at 10Hc. St. I/iuls—Oulet at lOHc. Savannah—Quiet at 10 6-16c. Olnmbns—Steady at lOHc. Galrentnn—Steady at lWic. Baltimore— Nominal at 1084c. Wilmington—Nominal. Mobile—Dull at 10c. Norfolk-Quiet at 10*4c. LIVERPOOL COTTON MARKET. NEWS AND GOSSIP Of the Fleecy Staple. Trlvate Wire to filbert A (lay. New York, August 8.—Liverpool 5 s * down, wns expected 7 to 8 down. The mnrket has n steady tque. Liver pool and commission houses huylug due to the reports of further heavy rains In Texns, which also have a tendency to check selling by the local traders. Carpenter Bngtott X Co. any: -For the moment the market looks like a scalping nffnir with possibilities for a qnlck turn either side." Carpenter flnggott & Co. say: "For the favor the short side of the market. Un less we nre radically mistaken In our reading of conditions, the market Iff on the verge of n very sharp break. Our en- bles state that Manchester advices are not so bright ns they were." The Journal of Commerce says: -The dry goods market Is In n very healthy ditlon. the day'* movement from primary hands and from Jobbing houses having b exceptionally good in staple lines. Prices nre showing a tendency to advance In sev eral lines, but It Is plain that th* levels are being fqfrod naturally tmriH through any desire of handlers to set ui fair values «n merchandise that Is In de mand. Many factors In the-trade laellero that the present season la to be nn ex ceptional one In the volume of trade, ami their convictions are based solely on the business already lwv»ked." New Orleans. August 8.—Liverpool at 8 down Is about ns exported on our market. Today's map la excellent—clear Qnd dry— the only moisture recorded being in Ar kansas. Texas Is partly cloudy, but no rain has fnlDai In the cotton growing dis tricts of thr state. Mlnofrlo, Forgan A Co., Liverpool, ca ble: "Market looks higher on good buy ing." The mnrket Is extremely narrow Insofar Texas friends any. demand for August cotton will be *ufrt- clent to snstaln the market. Early re ton prospects nre lielng blighted by ever- Increasing weevils. If such were not the rase, our part of the country would make n good cotton crop." Kennedy, flee county. Texns. wires: "Cot ton Is uow coming In nt a lively rate and pickers are In demand, and while this crop is good, the yield will not Ik* ns. heavy at expected a few weeks ngo." * special In the Times-Pemocrnt from lias been vlslte< torrential rains. Con- Futures opened easier. Opening Range. nrfn.t 5.67-3.58 5.58 M2 6.614.60 6.53-6.63 6.164.67 146U 6.4*4.49 5.614.62 6.434.41 ft.44 6.474.48 Hept.-flet. Oct.-Nov. .... Nov.-Dee. . . . Dee,-J«n. . . Jnn.-Feb. . . . . Feb.-Mar Mnr.AprU. . . Aprll-May. . . . Closed steady. 6.434.41 {.444.46 6.474.- 6.434.42 1.444.46 6.474.' 6.44443 6.464.46 t«4>! 6.46 6.47441 6.; " 447- 4494.10 4 4604.61 4 TODAY'S PORT RECEIPTS. The following table shows receipts at tbs Jtort* toda~ Inst year: New York. August *.—Mininv, i.«.un opened steady. 6 jiolnts down on near and 0 down on late: nt 12:14 p.ui. 4 to 7 down and barely steady. Snip*. 7,000. Hoots 9 points down nt Mid for middling. Futures due to come about 5 to 7 down. The New York cotton market opened quiet nnd steady. Just os due on Liver pool. Liverpool bought n little cotton here. Look for rather quiet market todnr. Think '* rnn be sold on any rally. Weather map inks good again today. New Orleans. August 8 — Cables nrp about h expected. They were due 6 to 8 lmver. For n Wednesday, "the boom day” In •Liv erpool. this Is rather disheartening to the bulls. The weather map could hardly be more favorable. Hardly any ruin Is reported oter the cotton licit. fienny bidding 9.90 for Urge quantities of Dcreralier, supposedly for Brown covering START IN STOCKS WASJRREGULAR Good Sprinkling of the Act ive List Showed Uu- « 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 on tlu* speculative position, the pre vailing sentiment lu the mnrnlug'a mnrket was In favor of sonic reaction, it wns felt that wtth such n narrow trading Interest ns has characterised the movement of prices for fhe past week the rise hnd gone too fast to hold without some wetback. Acting on this view, there wns heavy selling for both account* during the session,' nnd stuck* which have recently been leaders of the rise fell rather sharply. Home out side conditions emphasized the falling. One was the likelihood of the dividend oil Con solidated (las being passed altogether, ns suggested by the failure of the executlvo committee yesterday to act on the question. Another was the increasing doubt as/to the dividends on Union nnd Houthern Pa- elfle being raised In the near future, this skepticism being based on tho dlsnp|K>lnt- ments already experlertced on thin seoro. Finally the henry cosh losses of the hanks nnd the .•ueompiinrlng .-inns <>f hardening In time money rates made nu unpleasant impression. The .selling did qot, however, appear at nil hurried, nnd slackened on the decline, the market at mid-day ■ lielng ex* treniely dull. In the stock mnrket opening figures show ed St. Until. New York Central; Httgar mid Union Pacific unchanged. Rending started up 14 and reacted 14. Anaconda gained 4 per cent nnd Pennsylvania, on 7.00U shares, scored nn eqi a! Improvement. Colorado Fuel. Erie. Dntnrin and Western, Southern Paclfir nnd Canadian Pacific gained >4. Amalgamated opened off 4r but rallied to Ust night’s close. The stork market during tho first hour ruled licnvy nnd prices generally showed declines from 1 to 2 points. It wns hard to find m»i sporlal Incentive for the wild den change. Pennsylvania continued prom inently active ami strong, A. Eckstein buy ing 10,090 share* I/indon was alao a heavy buyer of Pennsylvania. Broken watching **- trading say that n large part of ***— tig was for Hamtogn account. In Inst tew minutes thj *v>'y of stock ap peared exhausted and rbe*i buvlsig <rders appeared prices easily .*2fed. London was n heavy buyer of P*x1.og nil IVnnsyl vnuln and sold other .iw n* uitlonnl Issues. Governments unchanged.. Other bonds firm. LONDON STOCK MARKET. RANGE OF NEW YORK STOCK MARKET nnlgnniatei nerl. nti St Sugar Uelloltig... Atlantic Coast Line Anaconda American emotive do. preferred Atncrlcnn Siueltlug Refilling do. preferred Cotton OIL. Baltimore nnd Ohio Brooklyn Rapid Transit.. Canadian ** Chicago i Chesapeake i Colorado Fuel nu Central Leather.. do. preferred Chicago and Great Western Chicago, Milwaukee and St. Paul Delaware mi l Hudson Distiller's Securities do. preferred..7.7. .*..7.7. V.7.7.7. Y.7.7,7. .7..77777 (Jenernl Electric Illinois Central American Ice Securities Dullsville and Nashville Mexican Central Missouri Pa< It!. Missouri I a. li'e New York. Ontario and Western National Lend Northern Pacific New York Central.. Norfolk and Western Pennvylvnnln People's (Sa Pacific Mall R.■ailing ...... Republic Steel....,.: ltock Inland . preferred United States Rubber . preferred Kouthe South.tii Hallway do. preferred Union Parlflc United State* Steel Western Union Wnbnsli do, preferred. Wisconsin Central do. preferred Total stock sales today, 666.600 shares. AT NEW YORK. OncnlHIghlLow W KM ■ 1 *" M Ul 11 I. *“ 142 I 112 I 1414 1»3\ "* rt lSd | 186 IMi 1 -mu. I o; «*4l W 684 ITaTm.j.. ...i lm i iis*h 153V* 1X2 V; 133H 1624’ 1U4 116 | 116 ip; ; nre* ns 934 93S»1 o:s' 8284 $24 f0*H ®4l 31 I SH 1214 DOU 1)M| 12IS l-*>4 7*V 7h* 4 7*4 7**'» • ."4 ..a* 534 j .VIS 33H 394 i i«4i in** .114] * 221 "| 229 ' 594l ' 167 ;167 | 167 '38 214. aji. 95 1 M4kl 9141 l' 11 1 V 4 1 •*«: 4 1 , | • 1 . 7941 V3 1 79 | 75*’*! SO 20«4l 2>l I 294UI 2-M 36 111V 140«4i 14641 1<0H| 141 1'1*| 9! 91 1 99'«l 91 i:r>v 1344, 1354 i.g* * 1144 91 I 91 I 91 | 9141 91 53 | 624 5J4 62 I 62H KS4 9841 9SV»| 97S' 104 1.44 132 13241 1 !.’** -•y | :• jv’-s 29 * m 254, 234, 25'y 26 764 m m -. »» *«», -■ ‘Wi 'TSVil 7J ..... ..... 155 224 924 824 156 !:*•;»*' nstf 404 4041 404 11*4 B6SI B64 3:41 274 r4 100 in n*4 «ts »1S ‘JIS ^4 I ■ storm damaged the cattle, and not the cot- Canadian Pacific. ton regions. Think the market will advance • points today from enrlv prices. 1 Chesapeake and Ohio. , . . I Chicago, Milwaukee A Ht. P. I Erie I Illinois Central. WARE A LELAND’S DAILY MARKET LETTER. 1906 1906 New nrlenn*. . . . ; , Gnl ronton . . Mol die Miivnnnah t'h irloMon Wilmington Norfolk Heaton . Philadelphia PenancoM. ....... 816 1 2339 3197 42 1284 43 62 „ 1793 ' 4T6 fo Total. . . 7093 9286 INTERIOR MOVEMENT. The following tohlo allows receipt* at the Interior towns today, compared with the ■nine day laat year: 1906 1906 llounton. Augusta Memphis St. Dmla. t'luelnnatl 493 • 5 690 149 « 297 100 If Total Utt 2361 GIBERT & CLAY'8 DAILY COTTON LETTER, urii'in*, August verpoot rio*mi Steady with options showing a loss of from 3 to 4 points, while spot transactions were quoted 9 i-tints lower, sales amount ing to 7.000 bales. Cable news wns extreme ly searee and uninteresting In shedding «*«y light on market affairs. There was some Increased activity In the market dur ing the dty, primarily dw to the attrae- the differentials existing between the sev- eral markets, which, tine* the bureau re- port of last Friday, have been slowly re adjusting themselves. Nevertheless, the market Is extremely narrow nnd larks the broader stroke of a more general Interest. '* either conditions are again excellent, but Uport* of qnirnge. *»imp nctunL but the greater mirtUnf anticipatory by the recent exeessHe mot»fnre. have rnuseil 41 consld- ernhl. hardcnlrg up of prices augmented con*M**rnIdy bv covering of the short scalp- lut Interest Howerer, sentiment seems to [m ngiilnst the mnrket nnd takes the more tniiKlIile Mhspe of assistance when declines ••eiome Imminent, whereas sup|Kirt Is n minus quantity when necessary to furthVr an advance from whleb It might possibly J— Inferred that the market's largo short Int.mt I, n,jihoi„Kicol. THE SUQAR MARKET. Ilf Print, Lfntrnl Win- \ ork. A lie I^r.1 roflm'd an,I raw ,nwr qniot. l,„t unrhnna^l. |ym*Ino lia-t iinrk.t firm; AUfOi.t ;*» Hnptnmlwr 9e N>w York. AMOt A—Th. ninrnlnf pa- nnra prlntnl .xlMMlra o.r,,onta of nrrr- flnwa In Tnna nn.l lh. tnrrltorlfa. whlrh unr,- atatnl lo !,<■ rnthnr iln.triintlvn In ninny rtlrM-llona. Tllla chan.. In thr> rvcntli- cr allnatlnn. (OHM alter aneli extenalfe lk|IM.tlnn of the laal few <lny„. wna anf- ilelent to atari n mvrrtnn niovement Hint llftr,! |,r|ee. ill,mil 10 pnlnl. frmn tile Inw . . . . on the n,lranr- elinrt ret ton I,earn , v „.. 1 there wna ao mneh for rale over 1<V Hint the demand wnn not mr.reaelre enough to lend trnilern lo re* enrd the altnattoo aa rhaIIfed. t ntten hna hnd an extensive deellne the naat ten dnyit. nnd n renetlmi «f ID nr K pelnla la nqt at all nnllkelf. Bnt the itoeallnn enneemln, a more extensive reenvery la one that re mains In be deteratlneil. II will lie re* rnlleil that the lament empa the lteoth erer rtilaed. aa resard, the pmluetlmi of lint per aerr. were those of l*5i-anil UM. At thnt lime there were Hoods In Iht* ■owing nnd overflow. Inter In Ibe season 1 - ■ ■——her than other* heeomea serious gPSMSSPSHSHIHBp In the entton attMtinn to Induee gener.1 Intyln* for high er tirleea. In faet. It will reonlre eoitilder* aide dnm.ee to prevent rofton weighing on lb. market. New York. August ..-The atoek market wna Irregular today nml gave evidence of following a trailing llnetnatlou. whlrh we expert tit see nmtlnunl for. a time, anil we reeomtuenil that tha trading rales still tie idiaerreil. Imylng on weak spots after a reeeaalnn ami selling Tire versa, nreord* Ingto the Indlvldml tmaltlona of the storks as* shown ‘ hr terhnlml and other dednr- tlim«. \Ve would only attempt to lirrome ncxrea.lv.-tf l,illll»H In ape,daltle« vlgnmua* ly*han.lle,(. Jmlglng from the mitbiok at tils writing, for the money attutlon la not dear and we do not lidleve a hlg hull market la likely oatII.money la easy. L. J. ANDERSON A CO.'S DAILY COTTON LETTER. New York. Aug. I-The foreign market ngaln failed to rrtpwirt folly to the deellne lu .dr market. The Kiiglliui traders pt on the Idea, proven for ao many .years, thnt It Is poor policy to aril rotten In thr early ilnya of Augu.L Juat at the time when. If we an to have any rrop aram and rotn plaints, they will begin rooting In. \\r have Sid favorable weather for tie moat of the crop op to this time, henre old cotton people think It rery onllkely that this atipm of affairs wlU motlnoe throogk Ao- gnat. The critical period will extend nittll nlmot the middle of Beptemher. awl al ready rompl.lnta are hrglnnlg to come fnnn Texas aa to I toll weevil, rust and shedding. BOM, this la not serious op to this time, a Inna are of either the nnmerotia rain, of ell of drouth would probably do a great ''7a 1 tbe'AMa'ntle states It la rooeeded hr the heat posted persosa that the yield will lie nnder la.t year. In addition to this, under thr the fautb la not gidng to torn ’entntl. lioutheni i’n’rlile’. I Huiithern llallwny. . . I'nlon l'nrlfle •. United Mates Steel. . . I'nlted States Ktrel pfd. STOCKS REVIEWED B YNEW YORK SUN prices mini nt thr niietilng of the mnrket and the Irndrmy during the first hftnr^B Istrnngly upwanl. so that by 11 o'clock ■ eral atorka mail, new hlch records for the present movement. There was a better feeling In Europe over prUHral alfuntlnn. and In London consols and llnaalan Imuila were onoted higher. Thr rrarmpllon of business In lamdon hnmght nnroc foreign Imylng orders at thr opening, lint there wan a reversal of this imaltlnn. later stork lielng unloaded on the advance. ■ There was a continuance of good Imylng Lned In the Ifnltcd Htates Hlei-I Issues yea- ATLANTA MARKETS. FRI.TT8 AND PRODUCE. Offletally corrected Ity Atlanta Frnlt ant Prod net* elrhauge. Irnmoua, ,k1kbi.OO. I.lincs u0 tu ile. . |vai*h*s. fu*f eralc. $1.00611.63. ITneoppley. ,LW to BW I la nans a. straight., kWdlJLH to II.it. fulls, per bunen, <> to 11.5. WaterruHu-s, fl.60 to I20.W per 100: de. “i'IIL'CtkV AND COUNTRY PRODOCK,- DrvaUl hens, par lb.. 12c lo ,13c. Eku*. t»«r dozen. 15 to 16r. Butter, table. |wr lb . 30 to 24c; cook- Inf, per lb., 124v to 15c. Hooey—Now strife lb.; In 1-lb. racks 19 ^VEGETABLES.—Irish potatnet. No. 1 stork $1 barrel; No. 2 ajock 12.60. Old sweet potatoes. i»,t bushH. $1 to $1.24; tw sweet potntf>«*» $1.60 liusheL FLOUR. GRAIN. PR0WI6I0NS. FLOUIt— Poatels Patent. $6.00: Diamond patent. $6>t*. >Ia»e«iiitab Ktnr, $4.66: fancy Mtent. $4.66; ltd Eozle. $4.40; Bine RlM.ni,. HOOj fa'.t y, $3.9-1; spring vfeeit |«ateut. $6.26 * U ft »itN—t'bnlce rod -ob. 76c; Na 2 white, ir; No. 2 jefiow. Uc: mlxi*d. 7fe. (lATS-fCnok*# white dipped, 62r; rhnlre white, choice mixed, 4$c; Texas rust- P MIKA!^Ptaln wafer around. i»rr bushel. 73c; boltM IIMli. Jutes, per biistiel, 65c; Kharis, white, $ls60; iitrdluni. 6L40; brown, $1.36: pure bran. $1.10; mixed bran, $1.06. W K. ALABAMA iT. GIBERT & CLAY SSWft ATUNTAOA corrrc. provisions HKHftIMi Tork Stock Ktrhsnre (New Oriesaa fottou KxchanfsJCblrsgS Board of Trade. Ntw York Cotton Exchange Sew Orleans Kt«ck Exchauac Liverpool Cotton Association Sttr York Toffee Exchange |Xew Orleans Board of Trade i.iheston Cotton nxi banga Private MTlres ts i3 Exckan Local and Lena Diatanoo Talsphons 5293. , R. FAGAN, Msninsr. do, choke nswfty . clover mixed, $1.00; do. No. timothy bale*. *1: do.. No.* J. il; ,lo. t 0 ' * “ * closed mixed. c?IX)VEIL—Choice 9fe. The al*ore prices are f. o. 1*. Atlanta, i subject to lin.in-llnte «<v^ptance. GROCERIES. SUGAR— Ktamlanl ar.iunlntnl. $5.20 New York Refined, b\; i lantatloaa, 64. Market verr otroag. • COFKKB—Started $16.50, 1 w JIHM- „ ^ UICE-—Carolina 44 to 74e. according ta grade. Market very strong. CflEKSE—Fancy full cream dairy, 144c; twins 14c: brick. 14c. Market strong. PROVISIONS-supreme hams. lie. Dore barn* 16V. t'allforuln hum* ; Red rr-.q hams. 16c. Dry malt extra rll m. *3.87; Iwlllra. ■Mg |be. 8*a->t fat lurk. Hr; flat.*. |r; Supreme lanl. *9 75; Red (>••«■. |V Kuow Drift v»nui«>uu«l. 1V; B*4 C’ro»». 74c. •n« The foP'/wIng la the rnnea la cottot futuies In New York briar: lad • Previous Onen.TIIgh. »ow ^Is .Clone, Close. Aug. . 9.60 9.67 9.60 9.67 9.64-66 9.FMR Kept. . 9M 9.78 t.M 9.74 9.74-76 t.tVTO Oct. . 9.83 9.92 9.83 9.$9 9.88-89 t.£43 Nov. . 9.96 9.96 9.96 9.96 9.93-96 9.87-88 Dec. . 9.96 10.04 9.91 10.00 10.00-01 9.93-94 .1(1.02 10.12 10.02 10.09 10.08-00 10.01-02 Feb. . .... 10.11-13 10.04-06 ir. .10.16 10.23 10.15 10.20 10.30-21 10.13-14 CIosihI steady. AT NEW ORLEANS. . 9.64 933 9.84 . 9.0 9.90 9.KI . 1.87 9.$6 9.87 . 9.90 10.02 9.96 :• vi :• v* :* 1 :• v. v.; •.< :*i 9.92-93 :• w 11 ’• N' VI rt'ti. ..... iu.ta-1") Mar. .10.10 1D.16 10.10 10.16 10.13 15 lOlMO Closed steady. TIPS FLASHED From \Vall Street Private Wire to Ware & Lolnnd. New York. Aug. ft—London slightly higher with money sasy. There are hints of money flurries In it nil street before the week’s end. Hlx nnd seven months' loans now 54 l»cr cent. Good Opinion leans luward taking ou th# Western rails on dips. There la a very strong pool In them nnd It Is now dlcttNl that net mirnlnrs for 19U6 will show •1- • o»o o»*a. Professionals aro still bearish and watch In. .... 1 q.pot*unities. Rather look *«;• nn Irregnlar market nml believe It ad visable to secure profits on all upturas. IBooks ns If a lot of long stacks had been thrown over, and they nre coining out, lit chunks. Relieve they can lie bought lower down today. Dow. Jones * t'o.'a summary: Americana in London iqulet, but mostly rather nligre imrity. jlawti.. . . _ further advance In Kri I h i,,ui. xx III lest « "itst 11 ut D.nn II t > of railway rate bill U Basic dountn. government Issues call for new Great Western July earnings largest in •mpauy's. blab COTTON SEED OIL MARKET. N<nv York, Aug. 8.—The market for rot- loll oil ujiH <1 111 I nml heavy, with No rentier, December nnd Jnnunry nil offered at 31r on the early call, and tne far dellv- .'1 ;,'S • l,,\\ l\ f. . lilt,: III,' . IT, , t of till the Otto - .... _..$ the trai waiting for the de\ elMpuieiit "f nrlDItv In Kepfemlier nnd October, mi rurally «‘venliin- • ' utstamllng speculative Interest In mtliH. Spots quiet with n moderate NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware & Inland. Chicago. August 8.—Expect n firmer wheat market, but If u<> have a fair bulge I.mI.i I \t Iiiiltj h.-ll u li.-.i t l|mi I for I Mu ll The heavy rains should be a stlmulntin;r Influence to oots. Wright nml Wells good sellers of May corn thin morning. I pillke best buyer of September. Wheat only barely stomly at the opening. Not ns niueli bull entlim'lnsm as exported. Penvy nnd Rosenl.nnui btiught. May be dead wrong, but bellere they are fuli of corn nml any selling nt all will break It l<clon 46r. Gats steady with fair buying by com- tnlselou li»*wses. Wells and ilavklcy about best sellers of Msjr. In provisions the Inrge run of hogs with lower prices nt y ‘ * Inr ‘ it — u —• lot - Armour bought September pork. t for n large niovemeiit. • little deterioration fit quality, »w- PSIOB nn the " heat niter it ami put lu the slmek or In umber sple f the elevator people hnve b This n ted I 0 large buy f futures lu the pit. that they nre taking In their hedges nml nre also selling rush wheat. The cmtnli.\ * are the largest traders In corn. John Cudahy hna ZJVKOOO bushels «f September. m» the corn 11It gusslp runs, and I llm 1 of May. Mike Cudahy has been buyer of May corn for six weeks has II good Size.) bolding. Immense ring by September shorts has been on three days, nnd May Ins been sold. This linn widened the spread between Hep- teinber and May from 2c to almost 3e. Private Wire to Olbert & Clor. Cktrngn. August Liverpool responds to onr wheat firmness of I seems to l»e good basis ther advances In prlees. Iiifitientjal Interests continue to buy May We weather (urns. Feel ronfideiit «»nts better. Chicago Record Herald says: Export antes of wheat, nil positions, were reported lost night nt 2db0w bushels. Cables from the continent wore stronger than those of the dimming nnd they contained an evident disposition to buy. The afternoon bids re In reflection of the day's gain hen* 1 showed thnt the continental buyers at least were willing to follow tho market n x III do considerably little The flrst ear of new spring wheat «»f the ear arrived In Chb*ngo yesterday. It nine from Illinois nnd 'rrn.W No < ret ear received Inst nded Xa i The SOUTH A SELLER CAUSED DECLINE COFFEE MARKET. . , ,Jarr. Stocks plentiful In the loan crowd. Twenty nine roads for fourth week of Jnly show average groaa Increase of 1176 ^ Favorable crop conditions enuso check to! Say*• dranee In commodity prices. »!!i n ^'' Utfidon reports easy money outlook. .inly., I nlte l States steel earnings for July I August were In excess of $11,600,000. Knrlv advance I11 foundry Iron expected. Twelve Industrials advanced .12 per ront. Twenty active railroads advanced .22 per rat Private Wlra to Glbcrt Jk Clay. New York, Aug. 8.—Marshall. Spader A Do.: "Uupreenlenteil rnllr<>n<l cnrnliira ami splendid crops will hardly deter public sell- timent. nil other things being favorable, and the market lias burdened ns n result of these considerations. Meantime, by the simple process of mm-support. we are hnv- *-- n small reaction, which, we believe. only tempt more extended public In terest In the trading." Think this stork market Is a purrhase right here. New York. August The coffee mnrket M. -I -r,•:I, 1 Ml I, ,]■• Mill- "f f" l-l points, which wns considered a very good showing lu view of the lower French cables. There wns n good demand at the Initial decline nnd during the morning prlres rallied. Most of the loss wns recovered nnd I11 the early afternoon only n couple of months were 5 points lower, while the balance of the list was net unchanged.--Glbcrt ft flay. K —(Vs|h 7.1" 7 15 7.15-7.20 7 ’J" 7 :5 7.8>-7..% 7.40-45 7.45-7.50 7.60-7.66 T.'F* 7 116 7.00-7.06 Sept em WWA.. November.. ,, ,. December Closed steady. (Ml IM Lra 7.10-7.15 7.10 1 7.20 7.36 m i’lSi-V-M Hpaolal tn The (I-nrglan. Newberry, B- Au*. *.—One of the lan(e,t ahlpm-nta of cotton from New. berry I" several yearn was .made by Mr. O. Melt. Holmes, a cotton buyer of this city. Twelve hundred bales were shipped In one lot, the destination being Liverpool. DlRECTORS CAN'T MEET: NO QUORUM PRESENT. leas excesses are i-nnimltl-,1 lu the »* , "' 1 i' n. private Lensol Wlro. market. The market therefore will probe- v„li ' a r. Iiljr remain lana-ly |,r„feaal,mal with mod- New York, Auj. I. It vrate Imreaaea lli public Interest from II --..-i In time. Whether I! la lens atoek anlil on profit account ilurlM* atrenalk. or whether tl.'a la merely offere<raa a cheek, makes hut II tie Illfferenee. the dally operator and «•- tr.vanre will ab<iw that some stock la behin (P.-rcl nu strong aunts.' and we recoin- mend that attention lie riven In the limits Indicated In tletallcl atatrment. The ladley seem a to lie also to force the ahortaye to take stork, aa maulpulatloti la hnlllshly con- dorted. and In this way lasuM that are over raid will lie raised more than others. Whether Of not they really deserve a Writer level, fhttallie of the aperUltlea therefore It seems wl» ‘ — - — |!S OlltlltlHl. THE LIVE STOCK MARKET. fly I'rivale Ismael Wire. • •hleayo. An*, t.-lloyi:, natlamled re ceipts today. ».«I0. Market I to lflr lower; duality fair; left over, 4.MI; hulk. HCKfflJt: eatlmated for tomorrow. SAOO; llffht, kfld 6.0); mixed. S.4666.16; henry. tt.70fl6.Wtt; no,ah. i:, 7 j»); pics. ./''rh-rs. M VO)660; good to choice krnvy.KSttidd). t'attle—Ifttlmated receipt*. *MSi S»rk*t steady to a shade loweridttallty fair: P: stockers and feeders. $2.4fi«4.26. Kbeep—KstlinatfNl receipts. 20.0)0. Market Steady: qoailtv fair; native. $2.W0S.$S; western. $191«6.26; yearlings. U.^6.16; aha. tunnim. an authori* Utlvely Minted about noon today that It wan Impossible to secure a quorum for the meeting of the directors of the Colorado Fuel and Iron Company, which hnd been called for today. SOUTHERN EXCHANGE Oldest Established Ofllre South. COTTON STOCKS BONOS GRAIN Ground Floor Gould Ilulldlng. Dally market Utter nnd market manual mailed on app!l***tl<m. INITIAL PRICES SLIGHTLY HIGHER Heavy Rains ill Winter mid Spring Wheat Belts Chief Influence.- CABLES WERE FIRMER Cash Interests Good Buy ers—In Late Trading Most of Advance Lost. Ry Private Leoaed Wbe. Chicago, Aug. I.—Closing prlf-es for the day showed wheat l«4c higher, corn l-SCP3-8c better, oats up 1-H@ i-2c, but provisions were off 6<Jil7 1-2o Cash transactions were 34 loads of wheat, 8 loads corn and 60,000 bushels oats. At the seaboard, 18,000 hunhels of wheat, 125,000 corn and 1J0.Q43 oatn at Chicago. The weather was gtU| against ths bears nnd many shorts In wheat cov ered. Thursday Is Jo be a fair day In sections of the winter and spring wheat belts where needed an*! the mar ket will doubtless bo adversely affected by th-* change IhialneeM wns "f mod erate size and It was composed large ly of professional "chargea” In all tha pits. Primary wheat receipts 1,326,000 bushels, and corn 340,000 bushels com- pal ' d tv I1I1 1,lei,000 and 445,000 bushels respectively a year ago. Clearances for the day 225,000 bush els wheat, 396,000 com nnd 8,000 «>ats. CHICAGO~GRAIN MARKET. Following nre the Chicago grain nnd pro- , IsImiH market quotations for today: Previous Open. IHgb. Low. Close. C’losa WIIEAT- lept. . 73% 796 734 734 734 Dec. •• 78 764 754 75 "SN May. 794 804 794 79H 794 (X)R2f— | Sept. . 494 ‘>r. .. 4M oatA— Sept. . 314 Dec. ,, 324 May. . 344 PORK- Sept. .17.10 Jon. .14.10 LARD- Sept, . 5.824 s V24 V «M 1.16 9.20 8.90 7.524 No. 8 hard wlntc CHICAGO CAR LOTS. PRIMARY MOVEMENT. New York, Aug. 8.—Tho Sun says: "The decline of 12 to 16 points In cotton was traceable largely to Southern selling. New Orleans nnd the South generally nont large selling orders In October nnd December, and local bears took advantage of the op portunity to assist In depressing the market. Commlslon houses which bought on Monday sold out, and there a lack of support. Tho stock'hero continues* to decrease, tho total amount In licensed warehouses being 86.819 hales, against 133,080 nt this time last year. Dullish crop reports were re ceived from tho Atluntlc atntes, but the complexion of tho market changed Inter on when the South appeared ns n heavy seller. The early buyers liqui dated, Wall street sold, so did spot In terests, while support was withdrawn. The lack of support encouraged benra and gavo rlae to the belief among Wheat.. some that the operator recently ng- grcsslve on the bull side hnd nbnndon- -- * " ed the campaign. However, this may be, sentiment wna more bearish than ever. The future of the mnrket hinges largely on the weather. The cessation of the showers In the Atlantic states nnd Texns would probably ho regarded by many ns a sign for further aggres sive operations for the decline. In any event the weather Is likely to have much to do with the course of the mar ket In the near future.'*—Glbcrt A (’lay. New Orleans, Aug. 8.—Tho Times- Democrat: ''Headstrong scalpers nnd unhorsed longs upset the logical program yester day's cotton market should have fol lowed nnd tho American rings scored n decline in place of the anticipated re covery. The heavy movement of new cotton nnd the spreading conviction that the crop Is ruit only fairly early, but quits large ns well nre tho Imme diate factors underlying the general price pessimism, nnd Ruropf must evi dence nn Intention to do business on the telling scnle in the very near fu ture If a further decline Is to be avoid ed In the absence of a crop scare. On the whole, the situation does not war rant crumbling values nt this time, though the public Is beginning to sell. Tho new season's supply and demand relations nre not yet well enough de fined to justify ape*'-illative conviction other than that the bottom, wherever It may be, will be found well above price Ideas based on ancient logic. Meanwhile, the talent Is slowly forc ing the price down to a level where the Inducement to buy tho stAple must ap peal to the spinner strongly enough to turn the tide nt bearish sentiment whlrh Is persistent If not rampant —Ware A Leland. 494 494 314 324 344 9.174 A s74 7 624 Today. Tomorrow. The following flgurex give the primary movement of wheat nnd corn: Wheat—Receipts today, L236,000 l»URh<>li, ngalnst 1,104,0(111 ImzhelM hist your: ship ment* today, 792.000 bushels, against 749.000 bushels Inst yenr. Corn—Reeelnt* todnr. 340.000 bushels, ngnlnst 466.000 hushel* Inst yei totlay, 4U0.OOO htiflhelM, ngnltist todnr, 40B.Q0O bush ••In In wt yen r. r; "111inner PO.OOO hill LIVERPOOL GRAIN MARKET. Wheat opened 4 higher; 1.30 p. m., higher; eluted 4 higher. Corn opened uneaimgedj 1:80 p. ni., 1 changed; cloned 4 higher. SOUTH CAROLINAN8 ON TRAMPING TOUR. S|we|nl to The Georglnn. Newberry, H. (?., Aug. 8.—A party, consisting of \V\ G. Mays, \V. A. Me- Fall, Tom Wicker, James F. Kptlng, Dr. James P. Klnard and Rev. John K. Graves, left Newberry this morning on ramping expedition for the moun tains of western North Carolina. It expected to make the entire trfpw hlch will occupy several weeks, on foot. Mrs. Paul Hsuimsn. Funeral service* of Mrs. Paul Haul- man will be held nt the residence, 467 Washington street, at 4 o'clock Wed nesday afternoon, Rabbi David Marx offirInlng. The following will act as pallbearers: M<»*e Ilium, Meyer Reg* enateln, Lee Kahnweller, Mase Strauss, Strauss, Jo 1111 * Simon, Abe Green field anil Marcus Loeh The Interment 111 be at Oakland cemetery. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corraspondenfs Capital $250,000 RCfCRCNCC. TMC NCAL BANK PHONC 1417. PRUOfNTIAL BLOC CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. Htm Oman. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, It*. 2 Wall SI., taint BaiUltq. Attasta, 0a. vtvrfss. Atm fork Caltoa htkaagr. Atm Orlean 1 CflUfli Itthtaqa. literrofl’ Calfaa Aito'.laflaa. hltale Wirtt I* Atm Ytrk. Atm Or/#••». Chitaf. Ball thoat 1267 Chit tit Star A at Trada. Chltaaa Sloth hthaaqa. Ham rath Cotlaa hthatf*. f. C COmtMA. Wataif. Standard rhaaa Ok MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT! INVITED We invite accounts of individuals, coqxirations, banks and bankers and offer the best terms (consistent with conservative banking.