The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 11, 1906, Image 11

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r 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