Below is the OCR text representation for this newspapers page.

COTTON RAIDED BY THE BEARS Bulls Give No Support to Prices, While Bears Were Aggressive. WEATHER FAVORABLE At Midday Prices for the Active List Show De clines of 14 to 20 Points. By l’rlval« Leased Wire. New York. Aug. 9.—On selling by yeeterday's buyers the cotton market opened 1 to S points lower. The sell ing was Influenced by Improved news from the South and lower cables. After the rnll the bears added considerable E ressure to the market. Commission ouses were sellers. / Sentiment was decidedly bearish In the cotton market today, and from start to finish weakness was the feature. New low records for the season were made through the entire list, all op tions selling below the 10c mark. The weather and crop news were the factors, the following being s pies of the day’s news: Houston received 1.840 and Galves ton ass new bales of cotton today. . Following are samples of crop and weather news received today: Cuere, DeWltt county, Texas, in a dispatch says: "Yesterday was a ban ner cotton day for Cuere, about 350 bales coming in, and It came from all parts of the country, as the prices paid at Cuere attracted the cotton.” Nacogdoches, Texas, wires: “The cot ton crop, except In a Aw communities, is tine to date. It is reported by farmers that from one-half to two- thirds of a crop of cotton Is now ma tured. If this be the case,‘the county has from 10,000 to 14,000 bales In sight. Too much rain Is reported.In some localities and the boll weevils and boll worms are getting In their destructive work." , "Two new bales of cotton, one from Louisiana and the other from Missis sippi, have Just been auctioned off In New Orleans for lie per pound each. They were classed as strict middling snd middling." Wnxahachle wires: "Ellis county has the biggest crop on record." It will be remembered that Ellis county made the banner crop of any county In Texas In 1804—13,500 bales. Price Is selling December today, which Is against his long October. He Is trying to sell October. SPOT COTTON MARKET. Orleans—Qnlct and steady at 10 5-16c. I.lverpnol—Quiet at 6.84(1. ■ -Verv quiet at 10*;r. Wilmington—Nominal. .Mobile-Hull. I tie. Norfolk—Uteady at 10Hc. LIVERPOOL COTTON MARKET. Liverpool,- Aug. 8.—It:1s m.—Spot cot, tea quiet, with prices steady. Middling up. lands, 5..840. Sales (.000. American K.3XI; speculation snd export KO; receipts 1,000, American 100. Futures opened qnlet sad steady. Opening l’/evlotia Itange. (Mote. Close. Kept.-Oct. .T . Ort.-Xov. . . . Nor..Iter. , . , bee. Jan. . . . Jnu. Feh, . . , l>l,..\|ar. . . , Mnr.-Aprll. . . April liny. . . closed esty. . 6.44 . 6.46 . 6.45 ' . 6.45 . 5.40 - 6.44 : H? 5.41-5.42 5.48-6.49 :>.** U9 5.33 5.29 1.41 6.43 5.44 5.44 5.41- 5.41 5.41- 5.45 6.45-5.45 S:Sti 6.6J-6.61 Privat. fCCtr* I | __ _ !’*»»• 4 tip. AI >nu t ns expected. Mitchell offering 10,000 Jimmr.r at 10c. JLnc*l trader* hammering market. The Journal of IVmuneroe says: “t'on 41 tlon* In the primary market for dry good* could hardly lie Potter at the Itegln- nlng of a Jobbing season. antes* exception lie token l»ecati*e of tho aeareltjr which lata for the time Iwlajr In special lines merrlinndise. Agents Ami that buyers real lx** the situation lu *» far a> supply * affectlnr “ h| ||| j dispose*;. were a few weeks ago.*’ Dirk Bros, huylt Mltcticl! offering . . ..A. M Norden Is now hammering the market. ■New Orleans, August 9.~I4rerpool 1 d. la na exneetpd, and without further 'uinges should not affect our op Liverpool rahlrs: “Haro little ■ higher pricca. Much of the recent buying hna !»een on speculation, and with n rlinlhff tendency all this cotton will thrown upon the market." Mobile, Ala., wires: "Crop this section reports stoat the same: rains did damage ami outlook excellent/’ The market has been very ortlre 11 ■ morning. Tho more faromlde map aud news caused Increased selling. ....• western forecast Indicates fair weather for leoulstnnn tonight and Friday: portly cloudy weather for Arkansas mid Oklahoma; partly cloudy weather with probable showers on coast In ^ Eastern Texas and In Western Texns. Scattered showers tonlgbt anti tomorrow. Eastern forecast Indicates, fair weather throughout tonight and Friday., Man Is excellent—elenr and dry and warm In tho eastern section and alternately clear and cloudy with no rain In the western section. Market prlcea likely to be Iufl*i enced by auch Ideal condition*.. Market at 10:20 n.w. look* weak and being attacked. Private Wire to Ware A Iceland. New York. August 9.-Uveri>ool futures uptnnl qnlet and unchanged. At 12:11 p.m. unchanged and dull. Sales. 6.000. Spots f up at 5.84*1. Futures due to come nu- innged to 1 up. „ „ „ . Liverpool cableways: ** Continent buy New York cotton market opened heavy. Selling power strong. Support poor. Weather map good. Ixx>k tor gmdiifclly market. Absolutely no support to market and cot ton Is coming out from every quarter. Weather map good. Look* as though we nre In for lower market. Advise selling. Hehlll offering the market «lown. Selling 5,0110 blocks of December and January. Market brooking on henry offering* by _ Hehlll, Mitchell, PearOTll nnd nny. I at Pclimay fra ala. which opcikhV'hp *4. near Gates A Co. heavy buyer* of cotton ou, || y slj ofjhe active list started ( lu either. th New M oSeans, August f-'riSflSSpL.ki^I due unchanged to 1 up and therefore cables up to 12:10 p.m. are |tt*trlght. New Orleans receipts, 45, 1 new, lions- t0 {t Is^smnVfslxed^iesr raid. Leading Ihjots will sell the market on further rise unless iroflt taking by satisfied shorts liecomes The'detalied weather bureau report a are featureless. No rain reported over Texas. A f grees Is rej other loco "linth October anil JlwcembM- Mtnhll.liml new low rec«»rds tor the season, and still the market looks lower. Net stock cotton In New Orleans 19.1®, against 5-).417 list jrar- Amount on *Mn; board 14.855 hales, against 16.565 last IfJJ A rery lair business has been done. Mar* ket Is quieter now. The ring Is almost ?—-—j — •'— » side. ireless. No rain is irporxea arvr s. A maximum- temperature of 101 do* i Is reported from Alexsnnrls, !-n., out r localities In I»ulslaiia are much Mildly arrayed cn the hear slde. «.nd only unforeseen developnients* ran put pi higher. «pota art Inactive. Offering* jMjor and so is the demand. Private Wire tp Hubbard Bros. Clearing weather map brought local relllng. Liverpool report* I-ondon and America eelllng. Undertone Is etead- ler than on Tuexday. Mitchell, Dick Bros.. Norden heavy eellere, eupplylng outside covering order, of about 70,- 000 bale,. Mitchell very heavy seller. This heavy selling now attributed to Broadway liquidation. The market cannot «tand thl» good weather. Mitchell just sold SO,000 December at 9.80 to ,ame party. Broadway sold between 70,00 and_ 80,- 000 December. WARE A LELAND'G DAILY COTTON LETTER, New Orleans. Alien.t l—Cotton wns wenk under *cn»rnl e-'lllnp which sphered to lie nlenit equally dlvidril lictwci ll the two accounts. It mine from nil .Ides, bat the most persistent seller seemed to lie Thee. II, I Tire. It wns estimated : <)..» he let go 10,000 hales, principally Iteremle-r, "— T, weaaai T00AY’6 PORT RECEIPTS. 7 he following table ahows receipts nt thi Perl» today, compared with the same day lost year: Norfolk. . . . N'w York. . Boston 1007 "mT - TIM 44 8§ _ INTERIOR MOVEMENT. The following tshle show, receipts st the Interior towns fodny, compared with the mme ilay laat year: daring the morning, i no .e»»a '.rut kerannsh iis In the. Mveroml market Jn.t before the oatannah.••••«..•• }{» opening of the'Anierl.-nn mark.ra, Prl stern........ lie rate .ahlcgntm. aaM thet the onler. to let g u T ,d i i,t . "I lij S i came tirlncliKilly from fxnulpu nnd I- 1 -" roerlca. -1’nla wlllr.g .nqsed a lower oik-m Ing here, the nrtlvr podMons leslng itf»ml 6 point, nnd later the ring gttaeked prleea on almost htrat wentlier accounta .sn.l on the free movement of new cotton. Tin rtr.t twite from Itoih Imtll.lnm nnd Mis .Isslpii 1 were auctioned off nt New ttr. leans todiy In Varieties Alley, intent, from Mississippi atrengthene.1 ihc le'ltef In n reintrd breaking crop for that state, advices front many (mints In Iemlslnim were very optimistic nnd the movement of ties- cotton In Texas continued heavy and promised to dll the wsnts of those who bate committed themselves to August shipments. — Memphis. . Kt- I^mfa. ..... 'luf'limafl THE COFFEE MARKET. N>w York. Auguat 9.—Th«* coffee market nervous ami Irregular this morning. Liimpesn markets illil not fnlly reapotul f ", tin* New York ileellnea of yesterday, «h!. h were ilue to arttre llquMatfon t»y a ™»iple local bouses. Trading wa* quite ar- th> her* daring the early session. *t*l ] • > " *** held a mu ml the obenlng figarca,— ••lliert A Clay. dnnunry °f SSSC7:: •• if 4 * 1 :V ,r " 7J5-7.45 ^ B "e 7.46-7.85 •'ag«t r«s-7.u f'ptemiwr ?. *.7.16 'b-tohef. 7.10-7.25 Novemher 7.1A-rJn I’jTemlw.. 7.15-7.21 •Tomq .tesdy. 7.PR7.W 7.9-7.M 7.05-7.10 1.10.7.18 7.15-7.50 Qlb.rt A Clay’s Cotton Lsttsr. Netv Orleans, Aug. 9.—The specula tive buying of the pant few days In Liverpool seems to have been the for eign market’, strength, and rabies In dicated that as soon os the support we* withdrawn lower prices would follow. Options lost In the net result 8 points from ycaterilay-s close, while spot sale* amounted to (.000 bales, 1 points high er. Increased activity marked the day’s developments, a more general In. terest In market affairs being displayed on all sides. Frequently during the day the market would steady up on covering by,satisfied shorts, but every such period would only serve os a fur. ther Incentive for bearish attacks. However, there was nothing unnatural about the decline, for the exceedingly favorable crop news justified In a measure the lower range of values at tained. Our own advices from the In terior are excellent indeed, stamping with more certainty the ruling pro*, peeta for a splendid out-turn. The va. liable weather of late, now wet and overcast, now clear and dry, has in reality given considerable Impetus to the further devolpment end maturity of the plans alresdy heavily fruited. With these facta In view, It appears aa If present prices are completely vindi cated by the conditions existing. PRICE CURRENT CROP REPORT. Chlesgo. Angnst (.—The l*rlee (*urrent SWTS- "Hesry winter wheat movement subsiding. Spring wheat gives sued prom- lse_ lint rain damage apjweh»nde,l. Oats -«e I letter than expected. Peeking 47V noa ngalnst SO.W lest year. GIBERT & CLAY Ml K. ALABAMA corrce. psovision* ATLANTA. OA. J ork 8t< ** E*<*hanf« |N«w Orlrana Cotton gP^^ffMraypJloarrl yf Tra^e. York Cotton ni* , han?p jN>w Orleans **toek Exrbanr*- Llftr|i**l Cettoo Ajh- lotion New York Codes Ex«:h.mgo (Now Ortas as Board of 'Trode.iGaDeiton Cotton Exchange ■ Wires to all Exchange*. Laeal and Lang DUtan** T*Uphon* 5293, W. R. FAGAN. Mannnnp, Again the Leader, Scox-ing Sharp Advance. LONDON WAS SELLER There Was a Demand for Union Pacific from Room Traders. By Private luwsed'XYlre. New York, Aug. *.—Thle morning's movement on the stock exchange waa characterised by the same conflict of speculative opinion that was apparent yesterday. American atocka In Lon don were quoted fractionally lower, accompanying a generally heavy un dertone In the markets abroad. Sales for foreign account, however, was only trifling and during the flrst hour the local market displayed con siderable strength. Pennsylvania was again the leader, rising another point and a half, and the shares of the allied roada were for a while conspicuous In the buying, but the uphtddlng of the Pennaylvanla group failed to have more than temporary effect on the rest of the list. The market soon began to take notice of the heavy selling of New York Central shares, under which the quotation broke very sharply. This was connected naturally enough wltl yesterday’s violent fall In the com- MUty 3 1-2 per cent bonds, following :he dissolution of the underwriting syndicate. ly su or the active list started m cutter, nnrhangefl or at fractional reeesslnna. Now York Central, Amalgamated Copper, t el orado Fuel. Heading, Hteel preferred mol ftoutlicrn 1’aelBc were mu-lianged: gleet common down 45 nnd Brooklyn Transit, Smelting. Erie nnd St. Paul off !4. Pennsylvania was the lender again to. day, rising to 1M‘». The upward move, men! was accompanied by nascrtlnns that at the November net”— —“*■ ’ put on a 7 per cent I There waa a drrna.... from the room traders Ju nntlrlpnllon of soma favorable developments at tlie- di rectors’ meeting. Ice aecurlttea also were a feature, ad- rntiring S points. Price movement In the general list Is narrow. 1-melon sold less thnn 10,000 shares balance. tlovernmenta unchanged. Ollier bonds Btrndy. LONDON 8TOCK MARKET. STOCK- Anamndn Atchison aimdlun Pacllle.. besniieake A Ohio.. New York Central tending.. .. Kimthrrn I’nrlllc ■’nlon Pari He ’lilted States Steel ’lilted States Steel pfd... ■ennsylvsnla 8TOCK3 AND BOND8. Hid. Askeil. ....... S If Atlanta, 6a, 105 Atlanta, Ma. lki.. 101 Atlnnta 4a. ]M4. 105 Atlanta awl West point... 16S Atlanta ami West Point Debts. 167 U. of Urorfft* lit Income, n. 2d Income., ;.no:i o/rda 1 isr 4 IIS Int'otue., SHORTS NERVOUS; FEAR CROP SCARE PVR. Work. An/r 9.—The Bun **?*; Juflu- rmiHl bjr unfavurable weather re|K>na fnan the soutbwestern eottnn Itelt ami eoxerin* price* rallied ami advanced yea* hnrfa were nervous, fcarlnx the —nt of a crop acare, ami they ciiv- ered rather freely at tiroes. , Heavy rains were said to lie aerlonsly rlamafflnif the cron In Texss, Oklahoma, Arkansas m the lowlands. The pre»L._ tlon ws* for further showers lu the south west. Report* of dsmaff* from boll weevil and Im>1I worms were received from Texss. All this naturally ere* ted nervousness among attne of the l»ears. Then, too, some I (ought In expectation of a natural rally. IJverpoot was l»etter thsn expected snd broker* reprcsentlug Ujnsrpool Interests were buyer*. There wss le** selling press- nrl*. eapeclalljr from sontheni sources, sl- thongb the south continued to sell to some extent. The crop generxlly deteriorates every season (luring the month of August, snd a decline In the eomlltlon Is expected this year. The weather In the Atlantic states was luore favorable, but sentiment was molded hr the had reports from the southwest. Weather conditions. It Is lie* tiered, will dominate the course of the market for some little time to come. Meantime the short Interest Is considered rather extensive. Hut the bulls lack ag gressiveness and the outside putdlc con tinue* to rive the speeulatlon wide berth.— Gilbert A Clay. New Orleans, Aug. 9.—The Time*-Demo- pated has checked to some extent active endeavor on the port of bearish dlsiiosed scalpers, and waa probably responsible for the promptness with wMeh. room traders accepted the exaggerated reports of flood damage In the Ixme Htar Ktate. Aa a mat- iter of fact, the wide dlfferenre between the American and Liverpool rings encourage market. fare of ample supply and In spite of an cient logic, yet fears the lucky star of the obi enemy and the market horsed In down ward tendency, simply because the public nor the pmfe**hm*rf« pon—** the mange of conviction*, clearly the talent had rather wait for a sure thing than to take the gambler's chance on the new venture. Meanwhile th* local correspondents of Liv erpool firms have used the cable* In an ffTart to educate their foreign friends to the fact that Tex** Is bit enough to sun- port a few floods without damage to Its cotton crop.—Ware a Iceland. THE SUGAR MARKET. I*rlv*f* Jci«cl Wire. *w York. A»’go*f J.-bciil refined j w *rasr etrady and «r< lnngnj Ixmtson T *4*1; A'Jgii't J* ’~d; £<q>tcm!>cr B^ltlmors and Ohio.,.. nro*ih■ u.i| i'i Pm i-tt C’anndlitu I*m*tfic Chicago nnd Northwestern Chesapeake and Ohio...,,... Colorado Fuel ami Irou Central leather........ do, preferred Chicago nnd Orent Western Chicago. Mllwnnkee nnd St. I’aiil Delaware nnd Hudson Distiller's KecurUies Erie do, preferred General Electric Illinois Centra 1.......... American Ice Securities Mlssburl l'srlfle New York. Ontario nnd Western National Lend.... Northern rscltle New York Central... (tending ...... Republic Hteel. Rock Islnnd UO, n iTfcrriMl *. *. 1 \\ \ * \\\ ! *,.! Y t !1! 1V* 17.7.7.1.* ,* .* .'i.* States P"*- 1 — Hon them 1’* rifle Southern Railway '....M,,, Hloas-Hhcffleld .,...7 Tcnnehsce Coni nnd Irou Texns Mild l'srlfle Union l’nelflc ....................... United State* Hteel do, rglnl* . . do* preferred.., Western Unlou Wabash do, preferred.. Wisconsin Central * do, preferred...... Total stock sales today 7W.400 shares. RANGE OF THE COTTON MARKET AT NEW YORK. Hires In New —- IMist Previous Open. High. Ix>w. Hale. Close. Close, t. . Ml 9.62 9.45 9.48 9.46-4H 9.64-66 t. . 9.70 9.71 9.50 9.55 9.64-55 9.74-75 . . 9.9t 9.88 9.62 0.93 9.87-88 9.M-89 9.70 9.7J 9.73-75 9.93-96 9.73 9.7* 9.78-79 10.01-02 9.81 9.19 9.89-19 10.06-09 9.96 9.95 9.93-96 10.11-12 9.97 10.02 10.01-02 10.2021 Jan. .10.08 10.01 Feb. .10.00 10.00 Mar. .10.15 10.16 Closed steady. AT NEW ORLEAN8. The following la the range In cotton fu turea In New Orleans today; IsSSt Previous Close. Close. 9.92 10.17*20 9.X2-84 9.09-10 9.72-73 9.SO 90 9.89 Aug. ,J■■ Hept. . 9.89 Get. . 9.85 Nov. . 9.75 Dee. . 9.87 Jnu. . 9.93 Feh ;. Mar. .10.08 jo.oo Closed steady. 9.91 m ill >.73 >.n •’»( fM 9.37-94 10 1716 TIPS FLASHED From Wall Street By Private Wire to Ware A Inland, Now York. Ann. Hank rote un changed: London slightly lower. There Is bullish talk on Pennsylvania and Its allied group of stocks, but selling can hardly be restrained and the general market In likely to work off to lower levels - and another poor bank le predicted. There Is no certainty of anything favorable coming out on Ht. Paul or the Herrimnn Pacific. Look for a traders’ market, but on good recessions would tnka on Steels and the low- priced Southern and Western rail*.— C. K. Sackott The Dick following Is thle morning bulling Norfolk nnd Western, saying that the tendency of the coalers la upward and that the market reaction will soon cease and permit Improve ment. This following Is also buying Cincinnati and Ohio, according to our reports today. It Is reporteil on good authority this morning that there Is scale down buy ing, of Houthern Pacific, which seems strong. The Information In high-grade houses Is to buy It confidently for re actions for a time. Some board *pe- clallat, are talking 80 for the stnek. Rugene Heyer nnd H. Content buying Pennsylvania, Dow-Jonss summary: American stocks In London quiet, a ehnde below parity. Orand Jury drops Ice charge. Standard Oil Indicted In Chicago for accepting rebates from Lake Shore. Hank of Knglond rate unchanged. London market generally cheerful with further recovery In consols. Wells-Kargo minority stockholders fight for Increased dividend begins at meeting this morning. Eastern railroads all Increasing or ders for rails for this and next year’s delivery. Slock, freely offered In loan crowd with light demand for Pennsylvania the only feature. Thirty-three roada for fourth week July show average gross Increase H.17 per cent. President Forgun. nt First National Rank, of Phlcafo, says there Is money enough to move crop*, but speculation should be restricted. Demand for steel products continues good, even where some falling off In August wna usually expected. Twelve Industrials declined .17 per nt. Twenty active railroads declined .13 New York/ Aug. MnrshnTl. Boeder A Co.: “We favor the Ioiik nblp of lb any further * ~ sorrow, nnd think ■5 proved ulYtdeml . .Airing of. Norfolk I* reported from good Motirre tlila morning. The stork, It is until, will go on n higher dividend tm*ls anon. special new* this roohilng. Henr P<MitiN.rlvA!iln Ih going to Im* put higher. The Flnnnclnl Unman any*: “Rumors of a renewal of lusurmire liquidation, if true, will operate for renctlotuirr operation* In the atork market, hut our calculation* lend us to the belief that the market Is now sim ply In a trading position, where the trading rules should lie elosely adhered to. with a itrtet observance of Individual limit* with in a range of 3 to ft points, according to the storks. The Htandnrd Oil Indictments In the West may have the effect of causing short selling today, hut the good govern- crop report will don Id less bring cov- S inter. It Is unfortunate that the congestion should be coincident with nil enormons crop demand for funds, for either Kingly could have been cared for without difficulty, but tlt.« bond relief must wall till the crop demands shall Imve been satisfied, according to the present outlook. We exyeet to sec s specialty or two put luilllshly today, perhaps after the of Pennsylvania, which has evl* lieen employed as a diverter while tlon wna In progresa elsewhere In the fnrwni nan in ientli M COTTON 8EED OIL MARKET OtvewtifiB. August Heptemher., *, ,, ,, October.. .. ,, 12' Noveiulier...* .. .. ao> December.. 3f) January 30 Ci3nVi 39\4f/21 >'lowed steady. SOUTHERN JEXCHANGE Otdoat Established Office South. COTTON STOU’S BONOS GRAIN Ground Floor Oould Hulldlng. Dally market letter and market manual maUed on application. L. J. ANDERSON* CO Bankers and Brokers, COTTON. STOCKS, GRAIN Correspondent's Capital $250,000 REFERENCE. THE NEAL DANK PHONE 1417. PRUDENTIAL BLOC Ut wheat came out at the opening BBC was hard to sell. The crowd Ixiuglit amt sold ft (Hit on tho dip. Fair buying of oats by Marfleld. Northern and I |alike. Helling mostly Tiy longs and Rartlett, Frasier A- I'o. ought to get n little rail/ from 72%v I break In wheat nnd market now steadier. Elevator people now picking np some the hrenk. Broker* hero buying quite a «f, wheat, bupimhnmI to l»e for Kneelnnd. With clearing weather and a heavy wheat market hulls on May corn and oat* will exjjerienre some difficulty In Uoldlng up I Mini and rths weak nnd lower, with larger Img run than expected. I'ork was steady, with light trade. I«ocal o|ierators and commission houses sold lard and ribs. English house* tiMik lard. Chicago Inter Ocean; A wet harvest has become a bull factor In wheat and oat* for tho time lielug. Then* have lieen showery emidltIons in Kansas and Okla houm the grenier part of two wc»*ks. and the wheat lu the ihaefc and stock has de teriorated In minltty, lint It Im not believed that there will lie any loss In quantity lin es* rains continue. Texns and Oklahoma had floods yesteniay nnd the day Itcforc. Knld, Oklahoma, had 4.48 Inches of rain. Ihmugh Ranatts the rainfall ranged from to nearly 6 Inches. This Is not gooil for the wheat III Shock or stock, and Is almost too much for the corn. Indlsnai Illtt * Iowa, Nebraska, and most points In corn belt have hnd rain enough to enrry the corn crop well along to maturity with out any more moisture. In part of the nor Hi went showerr wen flier for nearly a week has delayed cutting of the ripened condition, making It liable shelling from being too rip . j o loss from oat* In IIIIiioIn nnd Iowa have lieen ■DjH| *»y heavy rains. Hhow- Indiana, Illlmds and corn crops south of the Ohio river/' said James A. fat ton. “I Iwlleve that the Mouth wilt raise 150,00!\0n0 bushels more than last year. Dallas. Tex., en/n the corn crop of Texas !• made, nnd outsliln of Houth Texas Is the largest ever known. In Arkansas corn Is 57 per cent better thnn Inst year. The Louisiana corn crop Is the largest ever known." was noticeable resterda/ that on all •s here nnd In Minneapolis long wheat wns put on the market In quantities to check n further ndvouce. Elevator pimple were also conspicuous on tho selling side In both market a. Wlnuenbago till.) massage wild: “Have - I of no Held of oats as plump ns wss the average of the whole crop l*|d yaar, nuts threshing will be over lu ten days. The crop will be 15 per cent less (hsti yield of Inst year. Uruo worms injuring ths hare tarnej sellers. Bclloro It Is sa/o to ny dip. „ • Itecord Herald: "Total export •ales ye«tenlny were ftfO.OOO bnshrla. In ad dition there were 118.000 bushrin hard wheat •Id here. 50.000 at Ht. Isouls and UAtriO nt Kansas Ulty to scnbonprl arid gnlf exporfers r cash grain sales hen- were SS.OO') and ltt.an nnt*. Predictions wired hero Minneapolis Hint the North Dakotn it crop would not Ik* ns Jargo as last year brought forth an offer by If. I*. Wat son to wager 15,000 on the contrary side of Gut protHisItlnu. Minneapolis roiiorl* that there Is a possIMIIt" z * flour nny time now I holds Nti ' barrel*. WHEAT OPENED STEADY TO STRONG Initial Prices Wi tion Over Yesterday's Closing Figures. BUYING WAS GENERAL Later yelling to Realize Re- - suited in Loss of the Earl}' Advance. By Privat, L«ts«d IVIra. CMrafo, Au*. >.—Th*i» was con.lil- arable prrssure on wh<MU and It closrd |.4(97-8c lower for the day. The buy- in* urdsrs wtre not In evidence nnd burs had llttla trouble In h,-«ln« the cornars off prlrss. The movement ,.f loot wheat will Increase as rapidly ns he sprln* wheat la thieehed nnd pre pared for market. Corn cloned dull and off l-S(ll-4c. (lain «rrc off i-4K I-(c. Provial’iuM orr ( m 12 i-jc. Primary Wheal receipts l.otxssl bushels and corn ITI.noo hushele, mm- pared with ((,,1100 nnd 216.900, respect ively, a year n *». Clearances for the day: Wheat 310,- 000 buahela; corn 171,000 bushels: ,,ata >7,000 bushals. A» high aa 7( bodt loads was tnken by tha auboard at (be close. At t’hl- ca«o 15,000 bushel. Wheat. 165,000 bueh- ola corn and 115,000 bushels <>n(n CHICAGO GRAIN MARKET, Cblcngo grain and provision, nnotntlo for Imlsy follow: II EAT “ n * "" U ' ^» i « =* * 5-35 M’ P 4514 unnN- K-.: Sjj W:.: m M ^afc- S ' 3 Kept. .18.96 18.06 18.Fi 18.96 Jan. ..14.00 14.00 13.00 13.92H LARD— i*~m m e HIDEH— Hcpl. .9.06 Oct. 8.80 Jan. .. 7.47V* BP. II11 dfi.s t2HD : No. 2 hard wi No. 2 (bT. flC7L CHICAGO CAR LOT8. THE METAL MARKET. deliveries improved *4c, r nrm but unchnngc*L and *iK»llcr were ncgl K**cd. Wheat., Uftru.. ,, Oats.. Hog*.. .. NORTHWEST CARS, Today. Week Vs CENTRAL BANK & TRUST CORPORATION, CAPITAL $300,000.00 If you contomplnto opening a npw account or cbnngln* your presnnt biuiklr.q nrrangemont, nnd wish to connect yourself with a strong, conserv ative bank, fully oqutppod to aerve you ai you- business j latlfles, we Invite you to call and talk tho mattor over with us. Asa O. Candler, President. W. H, Patterson, Vice-President. A. P. Coles, Csshlsr, John 8. Owsns, Vlee-PrssidonL Wm. D, Owens, Aest, Ceehier. ATLANTA NATIONAL BANK ATLANTA, GA C. E. CURRIER, President. A. E. THORNTON, Vice-President. H. T. INMAN, Vlct-Presldent. OEO. R. DONOVAN, Cashier. JAMES 8. FLOYD, Ass't Csshlsr. Capital $500,000.90 Surplus and Undivided Profits $500,009.00 We Solicit Your Patronage. HUBBARD BROS & CO. COTTON merchants Atlanta Office*. 219*28 Century Bul!d?nfir- Members New York Cotton Exchange, New Or- leanx Cotton Exchange# Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence invited. Phonea 454, Long Distance 39. A.S. Hustnr*». Mtyr. Prank Hawkins, President. If. M. Atkinson. V. P. Tnomna C. Joseph A. McCord, Cashier. It tv t>> cr» Third National Bank Capital Surplus Dr. A. W. Cn lb on a. Milton Dargnn. John W. Grant. ** T. McCord. $200,000.00. $300,000.00. DIRECTORS: Prank Hawkins. II. M. Atklnion. Joseph A. McCord. David Woodward. MADDOX-ftUCKER BANKING CO. w Watt, Hem Orleans. WARE A LELANO COTTON, CRAIN, PROVISIONS, STOCKS, BONDS, (e. 2 W.II SI., rum floiiil.j. All..!., da EfiMtlt gtw Ver» Cell,, lull.,.. Cll‘.„ e.uf ,l Tuit. Am Or/.i.l C.lfM lull.,I. C lltij. I'ullul Ihurt.! C.tl.. Atierltl .. rtrk Ullte tulof. hlf.tc Wtr.s t. New fork, ffrw Orltt.t. Chit.,. 8. C COTHAAk. tA...,n 1,1111... 170. SI..4.C4 h CAPITAL SURPLUS AND PROFITS . ACCOUNTS INVITED $209,000.00 $500,000.00 \\ ■ n\ .ii ruiiiit-ot indii idu,iis. corjHirations, hanks nnd hnnkent nntl oITct the best t<*rniri consistent with conservative banking. st at the Rate of 3 1*2 per