Newspaper Page Text
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THE ATLANTA OEOROTAN.
JOSEPH B. LIVELY
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
LIVERPOOL
Ijliddliug Cotton aWs Quot
ed 16 Points^Lower on
Small Sales.
I futures CLOSED EASY
I Sentiment in New York Is
Bearish on the Excellent
Crop News.
g; Prir.tf U«*«l wire.
Stw York, Aus. lO.-Tlio uml.rtone of
o', locflt cotton mnrkot nt tile on toot
I ni itonitr. Sonic of the bln room oiiern-
I tort boufbt new crop months After the
(III hot most trndnrs were In no hurry to
l(0trr shorts, despite the fset thnt many
I sf them hnd tt good proflt.
Front the stnndpolnt of the snot cotton
I Solder, the Liverpool advices this morning
I vere illseonrsglng In that spot Iu the
I mirket wss quoted 16 polntslower at C.6Sd
I Sr mMUttf 0)1 sales of 5,000 tinles.
Futures opened slightly better than ei
I seeteil. hut elosed nt n full response to tho
I di t'i'ri,' In »tv York ypstenlay.
1 I, New York, prices oocne.1 slightly low-
a,„i Ister ilecllnvd a low points further,
Ifirr which trading wss dull with fluctua
tion! covering a narrow range up to mid-
It Is reported today that Tbeo. Price Is
on the hear aide. , „„
(inhesion report! receipts of 1100 new
biiri today. Haratthab 1 new and Houston
« new. making a total to date at lions
Inti of 7,154 bale*.
Croii reports continue of favorable tenor,
the follow* i— 1 — ■—<
J V’iuntetsvlUe
through mountain district and along
Tennessee river crops are very llnp, hut a
week late; gelds .clean, plant vigorous, and
fruiting well. Wenthrr past week Ideal:
nartir eloinly and warm, with acn
I,bowers, list no sign-of shedding yet.
Flntotils, rayetto county. Tegsst "Cotton
, It eomlng lu - right along. The negroes
hare deserted the towns for the cotton
(lolils. All tho farmers are coming for
1 bands. Iioll weevils aro getting, uumoroua
lu Some flfh’J, !t l» “ow foared that the
I showers will bring tho leaf worm, which,
[if It Is not poisoned, will destroy tho
Toting cotton, which Is now ranking, and
It roost promising, the old having censed
"sunorltitendeat King of the Sew York
Cotton Kirhnnge mnko* the nmount brought
into sight for the week 63.391, igalnst 80.1W
U»t year. ■
Amount brought Into *1*
to ilntt* 10.941,107, Ifxlnit L,
Weekly interior movement: Hecelpt* 17,-
773. against 33.142 tost year and 7.613 In 1904.
Shipments 20.857, against 44,310 last year
SPOT COTTON MARKET.
Atlanta, quiet at 104c.
New York, quiet at 10.60c.
New Orleans, quiet nt 105-16c.
Liverpool, quiet nt 6.68d.
Augusta. steady at 10V4<\
Suvannnli, easy nt 10*-16e.
St. Louis, dull at lotye.
Houston, quiet at 104c.
Charleston, steady at 10%o.
Memphis, quiet nt lOtye.
CnJseston, quiet at 104c.
Mobile. quiet nt 10c.
Norfolk, quiet at 104c.
WiJmlngton, nominal,
riillndelphla, quiet at 10.85c.
news and Gossip
Of the Fleecy Stapled
Private Wire t«» Ware & Lelsod.
. A*C» 10.—l.lven»ool futures
oprneu ferertsh 5 IWu on near aud 4 down
on lute; at 13tl6 p. ui.. 3 down on August
S. 4 . t SL* rt « wu 0,1 hrianee aud steady.
Rales 5,000. Kpot* Itf down nt 5.6Stl. “
tures due to come 6 to 7 down.
!.lrrrpog)i cubic says: "Excepting near
position!*, market steady."
Market htjvy In New York on central
aellinc and liquidation of loug cotton, from
Liverpool aud New Orleans. Wtue brokers
have Ikh-ii rather heavy sellers since thf
oijonlnc. Weather conditions continue Ideal.
' nw firm believers lu lower prices for
cotton, and advise sales ou any rallies. Do
not look for any b|by rally.
Market looks a llttlo oversold and might
fwk a little higher. If it does would
talnly sell it.
Undertone a little better and looks like
might Improve some. On an advance w
would self It.
HchlU offering 5.000 December at 9.7S.
conditions In southeast Missouri. Arkansas
and the uortheni portion of the*Indian Ter
ritory have generally been more favorable
during the past seven days. With the ab*
isence of excessive rains, the crowing crop
little shedding. The
Mtire est/msto we judge „
crop is now fully two weks later than nor
mnl. Little further ran be added at this
writing, except that the outlook at the mo
ment Is about as favorable as could bo ex*
pected."
New O——, _
44 down on NewJMHBHiMPI
down on New York. Up to 11:10 p. m. the
market waa rood enough.
* Spanish mills are making good bids for
large lots of cotton here for Immediate
shipment and middle of Reptemher sf *“
ment. Much of the selling appears
come from longs.
Manchester cabled nt 2 p. m.: "In cloths
cotton on qhlpboard 1
year.
_ jere is no reaction In sight yet. The
old-time bulls are either on the fence or
else are short, and the reactionists lack or
ganisation. Factors nrc offering next to
nothlug, and the spot market Is really nom
inal.
Private Wire to Glbert * Clar.
New York. Aug. 10.—Llveryom nt 1S:*0 p.
j, was 4 to 6 down, Waa due 8 to 7 down.
Judging from the sign* here. Price la get
ting on the short side, »o we may soon ex
pect a report that the crop la promising.
LIVERPOOL COTTON MARKET.
m.—Cotton,
12:16
•pet quiet, with prices easier; mumiing
uplands 6.ttd; sales 5,000: American 4,WO;
simulation and export W0; receipts 1,000;
- export
America u 100.
Futures opened easier.
Opening
Kept..Oct,. . .
Ovt.-Nov. . .
Nov.-Dec .
, Itec.-Jnn
I ton.-Feb. . .
F«‘I>. March. ,
Mar. h-Aprll. .
April May. . .
Closed easy.
.......... rrsrlous
. C 6.4«.4» VJ"’
: 4S*- t3$S
"mw HliS «:3
..5.21 {•«
.5.35 IB 6.33
-VS 5fS -
; .5.33
is
TODAY’S PORT RECEIPTS.
The following table shows receipts it the
Darts today, compared with the same day
mit year;
leading houses, If theypi
maintained. scarcity will prevail In staple
lines until the end of the year.
' v Orleans, Aug. 10.—Liverpool 4 to 6
Is ns expected on our market, though
slightly better than duo os comparad with
New York. , ,
Price, snys Improvement has occurred In
the Atnlntle states. ....
Understand Price Is out with a bear clr-
Liverpool due 7 down on New York and
to 5 down on New Orleans.
Our early advices indicate that the weath
er Is generally favorable, and. although n
rrortu renenu potuuu w <t*v w«.
wise, .the weather la clear and dry and
Ideal for further maturity.
Market doesn't act right; btte no snap
and looka lowsr,
ATLANTA MARKETS.
FRUITS AND PRODUCE.
Officially corrected by Atlanta fruit aa<
HEM
IN UNION PACIFIC
It Was Opened About One
Per Cent Over Yes
terday ’s Close.
RANGE OF NEW YORK STOCK MARKETj
Incite;:
GENERAL -LIST DULL
Efforts Were Made to Open
Prominent Leaders as
High as Possible.
By Private Lensed Wire.
Non York. Amr 1" The market this
morning aagtn moved with much uncer
tnlnty, reflecting a conflict of speculative
tentlment as to tho immediate tendency of
prices. On the one hand, enll money lend
Ing at 4 and 44 per cent seemed to many
minds a warning signal that the crop mov
ing demands hnd already begun to press
upon the money market. On tho otto
hand, encouragement was derived from „
sharp foil In ntorllug exchange, bringing the
rate to within no great distune* from the
gold Importation point. The sto4-k market
also hart In vletv this afternoon's figures of
the government ou the grain crops nnd
anticipation bf n brilliant showing front
this quarter famished no Ifttfo Incentive
to tin* early dcnling*. Barring one .>r two
Intervals of heaviness, the general drift
of tho market to midday was toward re
covery. London was higher In all depart
meats, and nt the outset here there woi
n further advance of nearly a point In
both Union and Honthern Pnrifle. The rest
of the list started fnu-tlonnllj higher,
weakened for a brief space, and thru rr<
firmer again. A sharp advance lu N
folk nnd Western, on what was unns*
uni activity for that stock, was n feature.
A recovery In New York Central 3*-a per
cent bonds, the decline In which on Wed
uesdsy occasioned some little unensluesi
was another Incident, nnd still another lu
client, which it stimulating effect was a
sharp retmund In Consolidated Gas share*.
The stock mnrkct opened today
ider
r volume of
trading wns not large, nor wot speculation
a broad one. K(forts, however, appeared
to be made to open up several or the prom
inent lenders ns high ns possible. Heavy
transactions took- place In Vnlon Pacific at
from W4 to 1564b. as compared with 165%
last evening, 8t. Paul also opened up n!
most a full point. Southern Pacific snow
ed n gain of «ic and advanced J4c further.
Pennsylvania, Jlaltfssoro and Ohio showed
f 2... 15-• tin I ii-l\iiio-i-s. Aiii.-ilgiunnti-d «'npp.-r.
Anaconda. American Smelting nnd United
fates Steel preferred were about steady.
Uonsolldntcd Gas was the strong feature
of the market after the first hour, advanc
ing points (<> on the purchase ..f
3.^0 snares bv ctfaugcey & Co. Union Pn-
clflc continued strong nnd entirely recovered
the loss made • u th<- curly reaction. Mod
erate gains oTer early prices were made
In Colorado Fuel and Brooklyn Rapid
Transit. Sugar lleflulng was exceptionally
heavy and declined H, to J35. but fluctua
tions In the rest nf the list continued nnr
row and unimportant.
LONDON STOCK MARKET.
Product exchange.
Lemons. J4.7Mj5.00,
Limes 60 to toe.
Bananas, straights. i—“ bu»»cb 11.60 to
"^SIjCtkV
1906
H New nrlcnns. . . , , ,
■ Rtlvciiton. ......
■ Mobile
■ Hovannali. ......
■ I'hnrh-stnn. . . , , , ,
■ lyilntlngtoti. ......
■ N-rbdk. . . . . .
■ RiiRlmoro
■ *'•* York
■ Ibsirnn . . .
■ RrutiHwIck. , t , . ...
477
Mg
991
12
86
243
28
| Total. .....
4319 ’
, INTERIOR MOVEMENT.
The following table shows receipts at the
interior towns today*! compared with tbs
*nuo day Inst yeor;
Houston
Angustn. .....
M--ni|,hU
Lnill*, , ,
UiMcInnstf. . . . .
Total,
MW
CIBERT A CLAY 8
DAILY COTTON LETTER.
.\>ir orlMMfc Aug. M.—?n the early sea
son «»f the UvenKMl market, options wera
' r F «twidy. Imt later. Influenced by a fair
amount of selling for sorotmt of American
••rnddlesL prices were depressed until flntl
J»bies showed a loss of 8 points. Spot*
tKjnsm-tfnss were qnote«l if,points lower.
Mira amounting to L800 hales. The md/
J“ v «'b*P*»e»t tfat fhsractqrlxed the dan
trading was * the failure of the expectsd
f»*ijctloti to materialise, up this theory,
qn.te a lot of cotton wtf l*onght. not only
xraterdtjr afternoon, but alao during the
^rl> session, today, which was llquldstad
^hen the weakness of the market became
"Dl*arent. A fair deellue ensued, but jiriees
less- a**m»ed a drifting tendrncr,
^sing to Hi,* smstuodle covering of mils*
J* N l shorts. There appears to be no In-
Jaeiire st the moment e)ifTIrb»ntly strong
more than cheek the MW -• ■ - ’
"f market prices. Wtafever the merits
per 100; de.
AND COUNTRY PRODUCE—
IJt* bens 85 to 37Mc: fries 22Vi to 25c:
broilers II to Bttc. live ducks, Tekln W
to He; puddle 26 to 27V4c.
DreiMd bens, per_lb. # Mo to 13c.
Kegs, per doseu, 15 to 16c.
Butter, table, per lb.. 20 to 22Hc; cook
ing, per lb., 1214c to 15c.
noiiey—New HflOc lb.; In l-lb. racks 10
® VEGETABLES.— Irish potatoes. Na 1
stock S4 barrel: No. 2 slock J2.60.
Old swet t |Kjtatoes. ojr bushel. |l to |
new sweet ftot nines Si. 50 hnahcl.
FLOUR. GRAIN. PROVISIONS
FLOUR—Postals Patent, $6.0); Diamond
patent, |3.6o; Mnscoutah Star, *4.85: fancy
patent, UM{ Ue»l Eagle, J4.40; Blue ItlhlHiL,
t <|i ft**' * pr ,lg * 5 * 26
foitN— Cholre red rob. 78c; No. 2 white,
75c; No. 2 v.f4e; ihIumI, IV.
OATH—Choice urhlt» clipped, 62c; choice
white, 5o<-; «Imlco mixed, 48c; Texas rust-
•Ilnur. *1.40; brown*
* 1 ' an. *1.86.
__ mi nr, ''U"ito uimr iSltl, 11.10;
do/ choice small Iwtles. *L06; do, Ho. 1
tlumtUy Gib *. *1: do.. No. 2. *1; do.. No. I
clovsr nixed* *1.00; do, No. 2 closed mixed,
ATM flwdrs 90c.
The above prices are f. a b. Atlanta, and
subject to immediate •rfmtlBca
GROCERIES.
SUGAR—Standanl granulated. *5.20. New
York Refined, 6H; plantations. 5H- Market
' *Cf) FK I'.K-Roasted Arbnekle's *1*^0,
bulk, In bag* or barrels. Me; green. 10 to
1>. Market strong.
RICK.-Carolina 4Vh to *He. according U
cr <- i'll n i i "-Vn n rV Tull’ Profm 1UI17. 14 Vic;
twin. 14c: t.ri.l. f4r. Mnrkct itmnt
XS_Hupreme hams. J5c. Dove
r s hums 10U<'! Bed Crass
iiellles.
[Wins l*c. unrfc rw.
jr® 0 «wr^. h ast&
inra«. lie. Iiry ult cjtra rllw. ».W:li
s l|.«„ fnt l.nrk«. «c; plat.
Supreme lanl. &7B; ned Crow. Wc. Snow
Drift cemimnml. iwet UedcroM. i\r.
THE "dRY OOOD8 MARKET.
nr Prtvntc DmiwI Wire.
Xcw Vnrlt. All*. 1ft.—The ilrjr grxul. nt.r-
.— - .ten* untl price* were rerjt Arm.
nr, ilnln* • verr l.r*, trade
1* fttid ntieiie. An *t>-
‘ «h-
h?dMh*Iti?'drew, snod.
SS!t %? n^. n k r&SSLfc
the excellent progross already made by the
crnwln* crop «nd the ,lnm.t Idcnl wcethcr
rnntllllMi. tMt effect the an from dnjr
GIBERT & CLAY
*® K. ALABAMA AT.
ATLANTA. 04,
bonds.
COTTON. CHAIN.*
corrre. provision*
% MCHBCaSi
-Yew Tnrk RtAoW Orleans Cotton Hxchnng** ff'hlrago B-nni of Trade.
New O-lTiu. ft"* k KxrhsngA Liverpool Cot ton Assrv-intl
X»w York Coffee ExclungsJ^ew 8rirans B<-arl of Ira*.-Juahraton Cotton Kx<hnu
private " .re* j» all Kxthsu^es ^
Atchison
Canadian Pacific
Chic., MIL nnd 8t. Paul....
Brie
Illinois Central
Louisville and Nashville. . .
Bending „ •• «...
Pennsylvania f ...
Southern Pacific ....
Union I*aelflc. . . . .
United Htates Steel. .. ..
do, preferred
12 ptolCIo
IHSgJlwff i»5<i
i^'iSjiia
tdfolW^
THE LEADING BULL
HAS TURNED BEAR
Iti the eastern belt., too, the proclpltntlon
wns very light, and some Georgia reports
were of a more favorable tenor than those
i ’•< «-n i l \ .-•! iiii- nt Imll h-mlor
aeratnod to have sold licnrlly In
brokers who often trade for him were ver
large teller*, and room traders attack*,
the market with vigor. Btop-loss orders
wsrs reached, nnd there waa a lack of sup-
r . The Sou Hi ami Wall street sold hear-
Liverpool was disappointing, and the
receipts of new cotton were large. Hous
ton got 1.849 new bales, against none last
roar, while the gouth wns said to l»e offer*
ng the new crop freely. After such liras-
lb- liquidation and sharp decline In prices,
something of a rally would not be surpris
ing. but, In the bearish temper of trade,
oeeasfmml rallies on nroflt-tnkfng on. the
short olds of the market are all that the
operator seems to expect. The
■H.. however, continues to lie closely
watched, and It will probably have more or
less effect uppn the cosrso of prices,
Glbert * Clay,
New Orleans. Aug. 10.-Tlmea-I>eraoer*f:
_.. Jng at Bfw
for a single account, a—
ed contracts on the ring.
New Y*>rk. prenmnaldy
, most excry body dump-
ring, and yesterday s
i-ottnii market waa the llvrat propiisltion
wftnesseil In many a day. On a declining
market, all optimism In the crop prospect
comes to the surface and ordinary folks
are prone to forget the fact that some sc-
UMsraShlssNmay occur lie for# an abundant
... .. . .... have Iwen harvested. Mean
while, the pnbllr has evidenced s some-
I what positive desire to get Into th«‘ game,
ami is showing s decided preference In a
ismall way for the ‘short' side. Tims far,
the spot Market has held the radlc.d sp#*-.
illative element In check, but shook] the
Interior show any dls|»osltton to turn
loose new cotton at s price well under the
9c market, active •short* telling In role me
I would follow In Hose order. At the mo
ment, the weather map may make or mar
f M^Blans of each faction every morning,
h>- Intention of room traders fs dear
ly to force a lower level at every oppor*
tnnlty, sad they will protwbty meet with
further success unless the spot market or
ihe crop weather bring* about a stay. Re-
actions of more or Ira* importance should
come, lost for the time I wing there Is
very little solid Inducement to boll the
staple on any pretost. The outlook Is for
an Increasingly active market until upln-
sera* eonfldeaec. engendered by the excel-
lenee of crop pro#pcct*. shall have ran
foul of the farwi-ni* prerrgareived price
Mmt. The artdtramcnt thereafter will
doubtless be merely a repetition of recent
history, for the farmer has learned how
h collect -most of the proflt his raw cotg
i lie countei on to
way."— War# A 1*1*n<l.
i Te*rr u
•A*l Mr
L. J, ANDERSON A CO'S.
DAILY COTTON LETTER.
New York, Aog. 10.—Urerjpool future*
op4>neil 4 to S points lower this morning,
whb-b was somewhat belter than exported.
ThI* Ions, however, wss (nerrased
“ » esrty ti
r> e*t|M"»rt flu-1
but the effort *
A'*-*r s cifkj nl-
AiunlgnnmtiHl tonpsr.
Aiiicrlrnn Sug.ir iLHnlng..... , . .
Atlantic Const l.liu-.
• "iiilft A
’on.’!!!!
id North wen
• nnd Ohio,
’uol mi.I Iro
t Open 1
wtinker nnfl 8t. Unul....
I Hudson
ccurltles
DUtllJi
jfl| ^
do. preferred..,,.*,,..
General Klcrtrlf
Illinois Central
Amor Iran Ice 8ecuritlos .
LouIm (He mnl Nimbiilii-
Mexican Central .........
Ksttotori fd
Northern l'nclflc
New York Central
Norfolk and Western,..
lVnnsvhaula * ,, ..
People's Gas
Pressed Steel Car
do, prsferrot’,,
Pnelflc Mall
Bending
Republic Steele...,.,.,,....
Rock Islitittl
do, preferred......
United State* Rubber
do, preferred.,,
Southern Pacific
Southern Hallway
do, preferred
Sloss-Hheffleld
Tounegsoc Cool anti Iron *
Texan and l'nclflc
mi Pacific
United State* Steel
do. preferred
VirginiaViirollim Chemical *
do, preferred.,,,.,,,,.,,,.
Western Union *••••*,
Wabash
do. preferred
Wlacousln Central
do, preferred..,.
Total stock sales today 598,500 shares.
I2JS 121 M>«sj I30K t
b>; pi<*
HU* 1434s HJ
1*»4
ffl
14US
92‘»
I3d4i
13^4
ill's
'iiii
*iM
USA
iiiii
•iiiii
isosi
’iiii
•iiii
•iiii
j
M
'nU
•fi”
jiU
1644
1544
1511,
iio’’
4R4
PkVS,
37U
iii”
4)4
1M
374
iitSA
8
106
«Sk
‘fiiii
‘iiii
'iisi
‘ifi"
ii
It
494
as
49 VA
47 4T
I f»4
a*
| 139% 13S%
KOTES OX GRAIN
Pclntors on Provisions.
Private Wlra to Ware A Inland.
Chicago, Aug. 10.—In spit a of our d<
dine In wheat yesterday, Uverpuol conk
higher. I**>k for u firmer tono to Hi
wheat market today.
Tho crowd uro lucllntd to look ou tin
cables with suspicion aud are selling wheat
on opening.
Oats opened steady with trade light.
llarUett., Frasier A Co. about best rallur
of BeptMuber,
Bartlett, Frasier & Co. bdlied the Hep-
(ember corn from 49 to 49Vhc aud the De*
cvmher tad May followed. IlehuholM and
Harris Boot ten took Mhy. Ixwks like Curry
buying.
The hedgers have sold a little wheat this
morning.
The government report this afternoon
gives the reserves of old oats lit farmers'
« Aggtiat 1. March 3 stocks wera 879.
bushels, or 8u.«jH*r cent of flic crop
of 1*T6. A reserve of T per eeut ou August
1 will show 88,710,tMO bushel*, idtst year
the reserve was b6.4B.0u>, or per cent of
the crop of 1904. The largest reserve* lu re
cent years was TLmOM) tiushets, or 7,4 per
cent August 1, 1904.
|j>r
lower
ninfk
cclpts"ronfTuue ^"pnaiucV wlll*beli M |0WUf. *1 log
prices today nra aainw as n year ago. with
bird V higher. Think pnekera would sup-
,H>rt the market wlum there l« any ludk-u-
Uou of let up lu hog receipts.
Chicago Inter-ocean: The ghvernment re-
S rt, to lie IssunI at the close of Chicago to
ft will give the yield per acre of winter
wh<*«t, the condition of spring wheat, corn
aud oota, nnd the' quantity of oats from
* - crop remaining. Tin
WHEAT STARTED
LITTLE CHANGED
Heavy Downpour of Rain iu
Southwest About Only
Steadying Feature.
SENTIMENT BEARISH
At the OTose Small Declines
Were Shown in Wheat,
Corn and Oats.
pular liu-
„ popu
'/rettlon nf the trade It that toe
prea_ ___ .
will Imi bearish on winter wheat, but
It will l>e rather hulilsh on spring wheat.
Dercloputcuts In the provision trade nra
being watched with much Interest. The
long continued heavy run of hogs has piny-
“the calculations or *
packers, who hai
n
IS _
... calculation*
igured the bl|
marketing*
RANGE OF THE COTTON MARKET
. dg l
should have Imm-ii over a month ago. The
and
It
Hpeciiiatora In ’th'e |dVneveftllelesa aro
flshtlug shy of tho Hepteinbcr deliveries In
ntnklng short sales, na they rrcognfx" the
nbttiiy of the big pnekera to make arbitrary
prices for them, in October and more dis
tant deliveries, however, the situation Is
different, nnd the smaller Indeifendent pack
By Private Leased Wire.
Chicago, Ahg. if).—Closing price* show-
eil wheat %ft%e lower, corn UOH- "it.
<Htt« Me lawn, .nil prntrl^oui KMCOe
l«w*r.
Imllctlnim point to * nvonl rr»p of
wbftrt lu till. rtHtntrr <bl. Four. *o
hqiboli .print, whr.t .ml 4M.noi.mo baAol.
wllllrr. nr H Inl.l nf TjI' >10,000 I '|.I...|>
Jointly, or tho Ur,.,t mb ao r.'ronl.
A total iHirn ,roi, of lift.mo,000 l.n.n
oil la prumlaml, ami on uota jl.I.l of t'U,
OOftOOO liuahnla.
Tho rnmtltlon of aprln, nlint «na
1 ; ■ nnr .tt t‘.> .,11.1 III*
yl-ltl *>f wlnlor tt Iti'ii! |.,t nrro 14.7 Con
illtlon of i-oro HI, oilta >. rr* 1>) S nn.I
liarloy 00.1.
Tho whom mnrkot kf|>I up nrottr troll,
untlor Iho |mmtn«nl lo-nri.li lanroo. tho
fi ^l,‘o In in. Imrorntl l.f tha
mt tloouiuonf. I’rlmnry rwolina of ..Inm,
311,0(3) Imahola anil oorn 3T7,'-'‘| Inuhi 1>.
ooinparnl with 10,000 and 4n4,000 Im.lioU.
fSSSSSSi "tfXTy. 143,000 btlahoU Of
whrat.. UOoOOO bushels of com irod is,-»o
bushels uf oats.
CHICAGO GRAIN MARKET.
lerrni. quo ine smaller inuepcnueiu pn« «- phlio«»r, vndn .
Is expectsd to tab- n hand lu the nro- #JErSfJ E3)!Jlr, #n ® P ror, aIoRs q««t
clings 1 soon mnl market n good deaf of f0f toaa r follow;
*!"' »■- 'M l' ,rk ' r - . Oprn. High. Low. f.ln-
AT NEW YORK.
S:S
1
li
AT NEW ORLEAN8.
IK
ftWl'ftpi
Hrbwsliarher’s esttSaie of stock* of pro-
i in Uhlcngn shows 21.750 barrels pork.
90.000 tierces lard nod 2M0MTO |K»uuds ribs.
Minneapolis wheat stock* show 90,o»
bushel* dec re ass the Inst five days, com
pared with 500,090 decrease tlui anno* pert oil
I II
a year ago*
The contlntu. — ... — ... .—
winter wheat yesterday, lielng thij best
buyer, and has f»een for u w»*ck. Tho Bug-
llsh markets were making no bids any
where near ii workable basis.
Harvesting Is becoming genvrnl In Mani
toba nnd Hnskntchewan. Tho crop In 8ns-
Dec.
Mai
tiltlN-
Hept ■
iRN-
SI:::::
£ k
79H
M a
ytVfi
m 3t
Clnaad atMdy.
TIPS FLASHED-
From Wall Street
Stock* abundant In Wn crowd, but pool
manipulation In Uennaylvanta nnd Houtheru
l'nclflc will doubtles* be continued.
full money at 6 per cent, and time loan*
stiffening, favors benrlsh operation* thnt
limy be checked somowhat on the expected
confirmation of bunip*-r grain yields as re
flected by the government report. Bather
look for on unsettled market, especially if
money flurries develop
On sharp rcecsslnns, would favor taking
i Sicrls nnd I to* low prices southern ami
western roll*.
’ousldernble selling In 8t. Paul PL-
wcakenlng nil around with realising
upturns In lull Issues. Looks ns if
(Inclines would extend. Expecting a bad
Itnnk statement.
Dow-Joncs' summary: .
American stork* In Londoa quiet, mostly
rather above parity. , ...
Strike of deck hand* In harbor breaking
up and freight for Now York moving
lirlnware and Hudson officials del
mored negotiations for Canadian r«»n«
Bethlehem Hteel expects to show decrease
In earnings In view of scarcity of arnioc*
plate i-Di.trri'-ts
future.
,_in crowd.
tu Wells-Fnrgo
*\vestern Union officials admit competi
tion of American Telephone Company'*
Jong distance service Is affecting cam
fRndoo fortnightly settlement begins on
*“ * » lnonstrisis neciinni .w iter «
per
Private Wire to Glbert & risr.
Sbw York, Aug. in.-Marshall, Spader &
Co.: We nro qot proparcl for further se
rious liquidation In the market tew toy. It
is, however, unlikely that support will
come from the general public until some
* - T * has been {tunto as a rs-
by larger Interests.
Finn mini Bureau snys:
er night nrgue for some
strength* today on the prospecthra good crop
reimrt to be psMwN around
we regard the
tecbnlrnl position of tho
market as a whole not very strong itthta
time, meeting ctnek on mine* In many
cases, perhaps. Influenced tiy tbs western
calling of loans hero tr
friHU New' York f<
lousy. ■*■> wi* 1*01 ”•*“ "T* eoObabRItv
of sn unfavorable l»ank statement will,
we understand, cause bearish operations
by the profraslons! contlugenf. Wo «dv«j-
rate a neutral i*>slHqii Involving the sell-
jng of vulnerable stock* on rallies, nnd the
iiiythg of technlrallv strong Issues «u> de.
dines when weak ft
fain* Items of minor .
erttltig factor now Mn* th< .
Judgment, and all features concerning It
ibouhJ Ite carefully studied. Th» strain of
crop'demand* ami security congestion may
exert s formidable ramhlftod pressure upon
money renter* prerenting any bull market
of consequence how unless definite ss-
surances can l*e olitslned that money will
be easy immediately after the cron move
ment. which fond If loti does not at this time
own proUible. We strongly recommend
conservatism."
COTTON SEED OIL MARKET.
New York. Aug. 10.—'Tho market for cot
in seed oil was moderately nctlve mid
Tills applied more particularly ‘
heavy.
the late deliver!"*, which
bv the weakness in cotton nnd the fn
me weather - condition south nnd tin
iroved reports regarding cotton.
ore Influenced
kntchewan I* turning out heavy and uni
form, while the Manitoba crap la not as
good. On w»ine of the «dd groiunl yields
will lie comparatively light. Wentln*r con
dition* to far are perfect. Thla I* con
firmed by n message from Premier Iloblln.
of Manitoba, who say* harvesting la In full
sv^ng, Qfider the most favorable conditions.
Prlrnfe Wire to Glbert A Clay.*
Chicago, Aug. 10.—Htronger cables today.
In face of our weakness yesterday. Wilt
rkot encouragement to the wheal
. -..m The bulls' load l« not going to lie
much. If any. Increased for the next
May...,. 3.
l’OHK—
Kept.. 16.*
Jan.... 13.A?Vk M.W
^ LAUD-
Hept... 8.85 A70
Jfc I-ft HP
HIDRH-
Hept... 9.<M 9,rt|
Oct.... 8.77H *90
Uh. 7.45 7.45
AHII WHEAT—
o. 2 red 7.'Vx1»73; No. 3 do 7144GT2 1
innl wlutec 711(^1^4; No. 3 do
71V4-
M.17H
1«
7.40 7.42H 7.1
proved rcuo . ^
deliveries add rather steady, and there
no evidence of particular pressure. Home
support developed hi September. The fill
ther weakness in tie* InM market also
tended to Influence the local feeling. To
ward the class there wns some gfN».l uuy-
Ing. and prices advanced U to %c from the
opening.—Ware * Lmethl
(tpeulng
Range. rinse.
August 3* if*i\k toSiiiWK
Bepteiuher 17 37 $37l{
October ttVfl34 33Vy3U t
Xorembcr.. H 3>\V31
December.. .. *. .. 80ViO31 KaiMl
January .. .... 30Viv3l
<iosed steady.
STOCKS REVIEWED
B YNEW YORK SUN
ipened ellghtly
* yesterday's closA From the start
eonfllctlng Inflncuees seemwl to be nt work,
the **ffc4*( of I’enaeylvnnln an an upholder
•>f prices having counteracted the dclli.e In
three
Market* ttlnnild do better tq-
...JP Mpp nothing to favor short aids of
. nil IIIIU 'I It-. nIiiiIIM lie ruh-dtlenibh l»-l
ter on lats movement and damage by rains.
PRIMARY MOVEMENT.
GOVERNMENT GRAIN REPORT.
i-* give lb» prJir
lay kS3,flfifi bust
shingtnn, August ia.—The crop report
ing board of the department of agriculture
today mads the following report on crop
condition*:
Corn, nverng* condition 8X.1 on August
iMp:ir--'l with *7.6 last month: V)
The following tigi
jfivrmeiit of n hent
Wheat-Receipts I
ngnluat tSAOOt) Iniali
luents tnilny LW*,«») bushels, agal
ono Inishelft Inst year.
Corn- Itwrlut* today 277.tun
against PK.tsO hushM* last year.
11nciii* today 3HIS10 bushels, (ig.iln*
f bui>hets tost year.
CHICAGO CAR LOTS.
ship.
115.009
of ftill
i the
i of tho !
foil (ii (lie prb
cent lionds «*n * li
writing symllent
Irregularity In the general market re
sulted. Istst when It was aiiuounred that
tho Union pacific executive cmnnilttoe hail
taken no action on the dividend question
speculative Interest l»ecatue sellers ou s
considerable scale, and the selling niova-
meut received additional Impetus soon after
ward from the advance* lu the rates for
call loan*. The ense with which prices
went off In the early afternoon ItuSurad
lusny holders of stocks to part with their
EoltUnn, wbii **
effect of
•nfu
Clay.
nf tli
ling recorrry hnd
- -nt *■
lay.
THE COFFEE MARKET.
market raked barely steady during D»c
forenoon with trading much less active
than recently. IlnTlng wss evidently
cheeked by the rosier primary markets and
the failure of the European markets to
respond to our market yesterday. There
SOUTHERN JMANGE
Oldeat K«inl)ll.h.fl Offlc. Smith
CO TTOH STOCKS BOROS 6fUIR
Ground Floor 0»uld nulMln*. Dally
mnrkot l-ttcr nnfl market manual
mnll-fl off-atnfl: , »il ,, n
l» from the onenlnr. lartte wllln* orfler.
appeared In the rTn., awl prl.-e.
. r a lower level, iwt.flier fleeiiutuir lo
..Sir It eeeme.1 tlioartal thea* lower
prlee. there w.a taore nlfllMtwM to inn-
tmCt orices. end a rally rot In. At this
lime, lunrevec, sentlnu U la^.dlstlpctly
against the market and t # mpor*r!]ylt bjoks
lower. Ifowerer, cot but «round Mfcc at this
stage of the croft «b»cs wot took unattrar.
lire, and we continue to Iwltere It nnad-
vlsslde to pi short at this time.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
CorrtspoaOjRt's Capital 1250,000
aercacNCK. tmc ncal dank
PHONE 1417. PRUOENTIAL BUOC
•Miring
1 Sit 9 m
®.2 an August I
boat, average cnndltbi
a red wl»h 91 4 In
_ 1908p kl.lt at tho ct
Ing time In 1901, and n ten-yen
*p.md
. l»-nige
of 82.6.
Winter wheat, preliminary returns Indl
cate a imp of nhnut 493.434.000.Imshcls. ■
an average of 18.T bushcla per acre, ns coj
oared with 24.3 bushej* per ncro latt rear,
at finally c*tlnintcd.
Oat*, average condition on Augu*t
816. a* compared with f4 tost nmnfh, 90.8 c
Angust 1. 1905.
Proportion of oats crop Inst year stl
In fnrmers' hand*. cMfmatcd 7.1 pi-r cen
in* lompnri-d "I'ii J i«-i iiii! "f 1*04 4-t i
In fnrmeiV hands u yeor ago. 5.4 per cent
of the 1903 crop In hand* two years a
and a ten-year average nt 7.2 per cent.
Tohnec6, average condition on Aug«
1. *7 2. a* compared with *8.7 Inst
Wlirflt..
Corfi., ,«
Oats.. ..
NORTHWE8T CARS.
Rowing fignri-s give the northwest
the
ago of 83.2.
LIVERPOOL GRAIN MARKET.
Wheat opened him-hinged; 1J0 p. m.,
higher; c|o#r«l *, higher.
Uoru opem-d tinrlinturcd; i’gfl p. m. t i:
linugr l; closed \ lower.
THE LIVE STOCK MARKET.
ly Private Leaned Wire,
f’hlengn. Ang 10. — lbig»— E*tlf*lft»eil i
waa no private cable* from abroad, and
the market* thrra aeetnrd Anlet.-Glt»ert A
Clay.
Following waa the opening range and
Hoa* In tha New York coffee market to*
day:
qentity fell
!(: estimate
1 f*n
January., ., ,
April,
/.IlfTHHlf» ,, ,, ,, «
Septeml/er ,, ,# ,, «• .
October.
.Npvnulier., .. ,, „
CM barely ’atea’flyV
Opening
,,6.90-7.00
...i.tw.m
, ••.•-7.10
::«K: U
riose.
7.10-7.15
7.40-7.4*
7.4B-T.M
6.906.95
8.904.95
8.re7JW
8.95-7.85
7.80-7.10
U. •« Mf.
Ilaht u-
*5.50fi83
jorkcr* *6.20*16.25;
|8^%6.3o.
celth I'sflamfctl rect
strong; quality fair: bee
Il«r4 li.-if.T- t: r-r.', a
prime steer* S5.l5hd.Ln: t
H5.10; stoi-kers fei
■ i^p —
r!) pie
sternly; qnnttff fair:
THE SUGAR MARKET.
By Vrtrttc Leon-,) wire
New York. An*. !».— ixteal rafim-
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.
* r«t. **» ont.M-
COTTON^GRAI^.^ROVISIO.NsfsTOCKS, BONDS,
Ht. 1 W,ll St., r.t.n hll<lB,. Atlnlt. Cl
Sunu*
Arm U,t «•((.»
Hi* Orlvfflt Catfos fichtagt.
Ufvpool CHtet wmhftm.
hlttft Wirti I• 6f*r Vwk, lt*m Oilttat, Chlttg*.
Btff P9*«* HO
Chicago Board •! Trado.
Chicago Stock intha*go.
Hon loth Cottoo hchone*.
f. c. cornea*, ksossw.
Standard rhon
MADDOX-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... *500,000.00
ACCOUNTS INVITED
\Ye Invite ttcoonntfl of individuals, ror|Mirations, bunks
nnd bankers and offer the best tcniis consistent with
conservative bunking.
it wc allow Interest at the Rate of 3 1-2 per
Semi-Annually