The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 15, 1906, Image 11

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- A THE ATLANTA GEORGIAN. "’ Er>NES " SPAY. Avon 11 EDITED BY / " ~~ _ "K iir Uwty. a ,«*i 'expert..,#. j i JOSEPH B.uvelyI THE GEORGIAN’S RECORD OF MARKETS AND FINANCE | SHARPS LOWER I Opened the New York Op tion Market 5 to 10 Points Lower. SENTIMENT BEARISH | Lungs Were Active Sellers with Almost No {Sup port From Bulls. By Private I.«wd Wire. ■ »w York, Au*. 16.—Thw''local market I openiMl at a decline ot 6010 point*, or lower than due on the cable* from the market at Liverpool, which w'ere decidedly poor. There wn* haary preaanre from l>ear •onires, and alao aonie active selling lijr lninjK. with almost no support from the . Lull a. Indicating that even at these now low levels for the season with every option nder 10c, sentiment Is fully as bearish i when quotations were a half ceut hlch-r. Cotton In Liverpool was lower than ex peeled. I with spot and futures showing de cided weakness. , At the close In that market, snot wns quoted 7 iMdnts lower at B.SSd for mid- tiling uplands, while futures were 9010 points lower. Uu the o|H>nlng cables. New York should have ouanad nliout 2 points lower, but In- stead initial prices were at a decltue of in in points. Trade fairly active aud an Increase In oiitNldc hiuducss noted. The market licit! sternly nfter the owning break, but tber< no snap to It, amt. cron reports offci little encouragement to bur it, ex ■VJP for occasional covering, ana despite the talk of a reaction, prices arc coutln us Hr seeking new low lovels for the sea ^There will lie no erop condition report liHiied on Raptenihar 3. as a receut net of rougress directs that the comlitlou rejiort lioth «omlltlon reports sml gl niters' re|iorts ■re iMuetl. Thereftwe. the Hcptemlier re- port a III lie Issued as follows: Agricultural report nt 1 p. in.. New York tlmt, and census glnners’ report nlnwt 2 l». m., New York time, probably 8eptemlier 7, I or 9. Semi-weekly movement at thlrtceii Into- wns. Racalpta 11.621: shipments 15,- ncks 94.611; po coninarstivo. Since Friday, stocks have lot 1.87s bales. At Miilveetou, 1.271 bales new oilton were rc-Hv. d today. Houston 1,250 and Near Or- Icons mid Augusta 1 each. n a noli .. of the lowest of the day, with the tone lerc!y steady. SPOT COTTON MARKET. Atlanta, quiet at 10c. New York, steady nt 10.20c. New Orion ns. quiet •ntd easy at 1016c. Liverpool, quiet nt 5.68d. Augusta, quiet nt lOttc. Snvnnnsh, weak at 10 l-16c. St. tanla, dull at (islveston, steady l Memphis, nominal. Itostnn. qnlct at I0.40r. Philadelphia. steady at 10.65c. LIVERPOOL COTTON MARKET. Liverpool, Aug. 15, 12:16 p. m.—Cotton, Imsluesa mrAlerate, with prices easier; middling uplands 6.58d; sales 6,000; Ameri can 3,900; speculation and export 600; re- Sept.-Oct. . OcT. Nov. . . # N«v.-l»ee, . . life.-Jan. . Jnn.-Pah. .. Feh.-March. , Mnr.-ij. April. April May.. loseil Irregular. ... Previous .!»./&• . .S.32-S.22 5.M. 5.15-5.* ,.s.w.s ».n ■ 6.» . .5.2M.23 I.H-5.J0 6.22 . ..I.WA.Jt IS) 5.22 _ . J.22-5.21 5.:l 6.226.30 ..*.2*6.* |.a '.'.i.r6.*i h.n .1.336.31 6.2J a t.x NEWS AND GOSSIP Of tbs Fleecy Staple. Private Wire to Uibert k Clay. *22* Y,? rk - IS.—Liverpool opened down. Wns dm* nliout 4 down, Ltrpnnter. Bagxott k Co. my: “We think J?* m,, Set In going to Work lower and rnroe ulea on mine., but would .Ofnet “PeraMonw ns any eatremely Iwd nil * h < muse a mih oT ahorla lo eoter Ihnt will toml to pnt prtcea blsher than now aeerna prolwble." ..., l ^ r . k .. r i r '” **F "Cider the elr- rousts Been, w;e cm not aee our way olear fV^SutaTa** *" 1, ' r tat *»"«»"* « The Journal of (’otnnicrt-p says: "Sharp advances In staple ginghams ami colored cottons were the features of the day’s bust- ness. Advances In wide sheetings and bleached sheetings are still pending, al though most Hues are virtually at value awaiting an advance of. at least. 3 iter cent, and possibly more within thirty days. Trading for the day lacked some of th vigor of last week, as buyers are waltln] to taat the effect of lower cottou ns quoin on the exchanges." We understand that the Giles report wu Friday* 6 * 1 ** ,,atlon H Cw ’ 41 IJrcrfKHd continues selling here. The mar ket Is easy ou continued Imarlsh news. I arpenter a big buyer of December and January again tbla morning. New Orleans. Aug. 15.-The orerul H „» longs nn» liquidating, rauslng further do- reaction shortly on covering' by' satisfed shorts. Liverpool cables: "Think the market In weak position. Coutlnei * months amlust Imports." Warn, Tex., wires: "Weather perfect; less deinnud; spots easier." Private Wire to Ware St Iceland. New Ydrk, Aug. 15.—Liverpool futures opened quiet, 3 down. At 12:15 p. m.. 506 down ami easy; sales 5.000: spots 7 dow 6.6Sd. Futures due about 3 to 4 down. Liverpool cables: "Market nlfected un- favorably by poor New York report and liquidation or-** *~ ** - * view of feori ft New York cotton market opened weak on poor Liverpool cables. Pearsall offered October from 10.60 to 10.49. OIITord fM)ld (|a al>out 6,000 January for Joues and cotton W4in finite general selling, both outside Interest and local traders apparently anxious to follow* the selling side. Trade fairly large and well dis tributed. New Orleans, Aug. 16.—It la a fairly ac tive market. Orders are well distributed aud shout evenly divided. Hulls are br ing on the reaction theory, and shot... are covering freely, but there are enough fresh selling orders to meet the deninnd. We are getting reporta from places that have heretofore reported perfect conditions that crop Is rapidly deteriorating by shed- **Nct stock of cotton here 1^14,273 bales, against 65.165 Inst year. Amount of cotton shlplHKtrd Is JR.U29 hales, ltgalnst Is,121 Is altogether too Imarlsh to have Its In fluence removed quickly. There la nothing In the spot department. Scattered showers are shown over the larger part of the cotton licit on lbs weather map. Home call the map unfavor able. but moderate temperatures accom pany the rain. High temperatures are more to lie feared than anything else Just uow. THE WEATHER. LOCAL FORECAST. WEATHER IN COTTON BELT. Texas—Kan Antonio cloudy nud warm; light shower this morning. Houston clear Slid pleasant. Dallas clear sml hot. Mississippi— Jackson, Natch*** ami Yasoo City clear and wnnn. Meridian clear and hot; hard rain yesterday. llsslehurst, Hrookhnven. Greenwood ami Vicksburg clear ami hot. Auiory cloudy; light raiu yesterday afternoon. Holly Hprlugs aud Alicrdeoii clear aud pleaantit. Alalmma—Troy imrtly cloudy and pleas ant. Hcliint cloudy slid Imt. nirmliigbam partly cloudy ami hot. Iluiitsvlllp cloudy ami pleasant. Montgomery partly cloudy aud pleasant. Opelika fair and warm. Mo bile partly cloudy and warm. tlcorglu—Allmur partly cloudy sml hot; had s very good rain last night. Aniet» ‘ warm. Macon cloudy and cool MARKET WAS FULL OF BUYING-ORDERS Material Qains Were Mjulc in All Departments in First Hour. TRADING WAS ACTIVE Stocks in Early Tradiug Bought Without Regard For Price. By Private Iawsed Wire. New York. Aug. 15.—The ntock mar ket this morning was stronger and more active than at any time thla week. Prices were higher In all departments of the London market also, 'and our list took Its cue at the start from the foreign attitude. But the main Incen tlve to the trading lay undoubtedly in the heavy, buying at rising quotations of a few chosen Issues. Union Pacific sold near to the highest point of »n« January rise and Southern Pacific al most equalled Its high record of fig ures of 1902. The reason for these ad vances. of course, Is the belief that on Increase in the Union Pacific dividend and Initial payment on Southern Pa cific presumably at the rate of 4 per cent. Changes at the opening of the market were ndvauces generally. Heading gained % In all. Texas Pact Ac rose H- Pcunsylra nls, Missouri Pacific, Atchison, I’ltlou l’a Iflc, and St. Paul The market was : .era all In that MiBHRm... most all the departments. Gan rose to 140. The gains made In the various securities were not large, but were Imtiortaiit lie- cause they started them at already high levels and demonstrated that stocks were being liouglit without much regard for tho price. chlefl- Erie, Southern Pacific, Union Pacific and Pennsylvania. Governments unchanged. Other bonds are Consolidated LONDON 8T0CK MARKET. 8TOCIC- A ns roods .... .. „ Atchison Cnnadlsii Pacific .. Chic.. MIL and 8t. ran!.... Erie Illinois Central Lonlsvlllc and Nashville. . . , Heading, Pcnnsyli Hoather Union United Htstca Steel, do, preferred. COTTON REGION BULLETIN. /or the 24 boars sndli meridian time. August cua fair nud t STATIONS Of blSTBICT. TODAY’S PORT RECEIPTS. Thp following faltlo slow, rofelptn at tb» Pori, toils,, coupnrod will the umo da, ln,t T«ir: INTERIOR MOVEMENT. The following table shows receipts si the Houston. . Aagmts. . Memphis. . Sj. IA Mils. 1 laclnnatl. 1901 L J. ANDERSON 4 CO.'S DAILY MARKET LETTER. , N-w York. Aug. U.-An»thrr (Inking mnr f" f '-!nr on nothing More Hum ha, tm;n '“n for nrarty a month.. Crop report, •o* .till conflicting. Imt rouinlnlnta nre rvtj uoi.-h noire nnmermM than In the |mat. are of tho opinion that the decline now heroine artlpcial and It In nlo.nl 'line to call a halt. There la no nee In ne- '"'"Ilia an rlrrrnth hour liear and haring >n I'.ir for the experience. Eren If the alt "VJon warntuted It laid we (lo not think !! ''T* 1 »••» riperlenre hna tnnght na that ’o;; Id* oneratora do no, want erenrlmdr IWlowlngTn their trail. There la lutnllr a Jj'l *-<». the I nt ml wagon In full of Jo"-*. JS* noltee n tendency on the port of the l» trade to ery. "Ptop. • rally ta due.’ It if niore than likely Hint they will rn- draror to reduce their following not" tide to take a lietter hold at a higher tcHileinne—Hhreve|mrt eltnn New Urleaua clear and hoi. WEATHER - FORECAST. Georgia, K.nt Florida, Writ Florida—Lo ral nine Wedneednr nud Thuraday. Inmlatann, Ml.-lnelppl and Alalnmm—Imcat rnlna Wcilneadny: Tnnraday fair. Kart Trane—Fair Weduenday and Than- Went Telia— Fnlr In aouth, ahotreri and cooler In north Wrdiimlay; Thuraday fair. Arkanana—Hbowera Wedneaday; Thuraday fnlr. WEATHER CONDI! IONS. The weather continue, more or leaa unaet tied orer the entire country, due to the Pat condition nf the preaanre element. There hna liecti a general dcrenau In lirraaure at pmetlrally all atatlona, and today the lap mmrtrr la nowhere up to the normal itn.OO Inrliea). Theae mndlilmia rauao a alow, alugglah movement of the atuuiipbere, na la ahown hr the preralence of light edtula The ralna during the laat 2, hoitra hare hern local In character and confined for the uniat pnrt to the amilhraat (inadrant of the tutted mate, nml n lew elation. In. the aorthweat. Very little ehnnge In temian-nture hi rurred eicept nt Hlainnrck, N. !>.. Mile, t'lly, Mont., where It la W de_ colder thfU at the anme hour Tueeday U 't1m> "(Oinlltlona favor tho development of h *al thunder ahoaera In tbla > acctlott to night nud Thuraday ,.hnrp aMmp ln A tL mdtoh market today on the tallnre of IJvenmol to follow the fcieal %r,:? /7s?& wit? lleivniYmr only 1 'point, Jt4c during the aeaalon. For , .on or other there aeemid to He port of Importance, and twyeod the abort covering ftrnu time lo Hate the tunrket waa .?£!dd of the buying that wna needed to ""lorae '(’luautltlea of Oetolier cotton came .TrandWcV and thla Wok* that month ataucea. nnd In view of the fact that well Informed people are nn.iilnnm. Indectarn, that erop ac.wotita, anch aa «ra now twmh z In. hare nerer hr fora heen received at tnia imaaon of the year. It U very dlfflenlt to oc how there can lie foptnl a 7 genulne iMala tor v Hull .peculation In cotton nt the P Th^'entiw m-rket lack. Inlying, nnd na movement I* la-glrnlng to abow np henry there la likely to lie u fn.thar decline In IS t ALABAMA ST. GIBERT & CLAY STOCKS BONDS. COTTON. CRAIN. c orret. provisions MEM5CRS ATLANTA. OA. cew Tor* g.-oek EiehangelXew Oriaana CoHonl Ktchange.jNew OrieaM fin Fork Coffss Exchsngs . Iraga Boari of Trada. BTv> rpwTCott— isssHadsa [GsHeston cotton Exchange. Privet# wire, to all Eichacrj Cittsnos TtlthHon* 5298. ^Atlanta, rlomir. . . Thsttnnoogs. cloudy.. Columbus, cloudy. . . Gainesville, clear. . . , Greenville, cloudy. , , Griffin, clear •Mi'* .rn. cloudy. . . • , Mnntlrello, cloudy. . • Newnnn. clondr. . . , Home, p. cloudy. . . . Spartanburg, cloudy. . 'lnlls|H*of*a. p. cloudy... To**coa. *’lcar West Faint, clear. Ill RANGE OF NEW YORK STOCK MARKET Atlsnttc«C A as reads American I/Kimiotlve il<*. preferred American Rimdllug Uefiitlng do, preferred Atchison do. preferred..,.....! American Cottou Oil Hsltlmors and Ohio... Brooklyn Itaplu Transit Canadan l»uHtk* Chicago and .N’orthwesteru Chesapeake am! Ohio Colorado Fuel aud Iron Central leather do. preferred Chicago nud Great Western Chl(*sgti. Milwaukee and St. l'aul Delaware ami Ihtdsou Distiller’s Securities Erl* do, preferred Geueral Electric Illinois 4>ntraf. ft merlcsn Ice Securities lulsrllle and Nashville Mexican Central Missouri Pacific .New Y’ork, Ontario and Western National I .cad Northern l'ncltlc...,, New York Central Norfolk and Western.......... Fennsylvanla .. People's Gas Pressed Hteel Car do. preferred Pacific stall Heading Itcpiihllc Steel Uock Island do. preferred., United States Knlritor do, preferretl Southern Pacific Southern Hallway do. preferred Kloss Shcfricld Tennessee Coal and Iron Texas and Pacific Union Pacific United Ktates/Steel do. preferred Virginia-Carolina Chemical do, preferred Western L'lilou Wslmsh do, preferred Wisconsin Central •referred stock sales today 1,005,000 shares. NOTES ON GRAIN PctnOr* on ProrlaloDt. RANGE OF THE COTTON MARKET AT NEW YOT.K. I j t*iii 1 II l II Auif. .... Hopt Got Not Dao Jbu March.’.’, ’. 1 9.64 1 9.72 9.81 i 1 9.26 i 1 i»'.25 9.4) Ku 9.62 9.60 9.72 9.71 9.12-18 9.24-25 9.40 9.46-41 9.61-63 9,66 n 9.06-68 9.72-73 9.31-85 9.41-42 tMM •ItStp 9.84-16 9.89-9) Cluaed barely ateady. AT NEW ORLEANS. tnre.’lu New .At :K •illniiuuiu temperatures are /or tbe 12- hour iierlod ending at 3 s. m. this date. Greensboro, tin. Evergreen. Ala. Allisiiy. Ga„ .. Tuscumlds. Ala HEAVY RAINFALleS. Charleston. . Galveston. . . llJttle ltoek. . I Memphis. . . Mobile. . . . . Montgomery. New Orleans. Oklahoma. . . Savannah. . . Vicksburg. . . Wilmington. >1; HI IHst. Averages. Ill EXPORTS FOR JULY SHOW A DECREASE By Private I-eatnl Wire. Washington, Aug. 14.—Tho department of commerce and labor bulletin for July shows that the total exports of bread- stuffs for the month wns |7,9Hkt2S; cattle, sheep ltd ‘hogs, 92.644,970; provisions, $12,• uOh.769: cotton, 99.6SO.748; mineral olio, 96.* 048.406. The total eximrts for the mouth was 911.193,717, as against 951.126.999 for June. The total exports of bresdsttitfs for tho seren mouths ending with July were $100,243,901, as against $66.211.0N for the rotrcs|M>ndIiig seven months of 1906. Although the exportation of cotton for the seven mouths ending with July fell front 4.093,2*0 bales during the first seven mouth* of 1905 to 2,997,706, the t«»t«l value of the cotton exported lnerease*l front 9170JH2.741 lit 1906 to 9170,671.121 for the seven months ending with July. The to tal value of the exports ending with July was $167,376,471, as against $90,966,469 for the first seven months of last year. , 8ERIOU8 LEAKAGE IN COTTON BU8INE88 T lodicstes inntinreelsh e rolnfalL REMARKS. Over the eastern |»ortloD of the licit the temperatures were slightly lower than for the previous 24 hours. \err little ebsuge was shown In the western districts. Mod erate rains were reported In sll districts. Heavy rains have fallen In Georgia and Alabama. J. H. MAKRUUY. Huctlou Director. THE LIVE 8TOCK MARKET. By Private I.cased Wire. Chi. ago. Aug. 15.—Hogs— Receipts 22,000. Market steady; quality fair; left over 6.22ft; hulk 96.9306.15; estimated for tomorrow 20. 000; light hogs |L7106.96; mlxml choice heavy §6.1 Cattle—Katliunti ' receipts 20,000. Market - signer; quality fair; beevea 1X8606.75: cows $1,360 4.30; heifers $2.3*0 6.31; calves $507; goon prime steer# $6,260 6.76; poor to nMNHnm 93.6606.16; stoekers sod feeders $2.690439. Sheep—Estimated receipts 11.900. Market steady; quality fair; imtlr# $906.30; western ttlW-d^yrarilnn Hlki 07.86, western 54 — •*•» is, ismtis not quoted. Calvin, of the Farmers’ Unb serious leakage lu the cpiiou uusiucss. t present eoiiaueted. All of our ititton K ies abroad Is sold st net weight, to say. a certain arbitrary percent age Is deducted to cover the weight of the lagging and ties, for the sfduuer only wants-to |Miy for the ar.tml cottou and not for (tagging and ties, which are worthless to him. Tills Is sll right, provided we get paid for* the actual tiumlrer of pounds lu each lisle, us the price Is more when I Haight at net weight than at gross weights. ‘ abuses have crept Into the business I under such existing conditions we are matting the buyers s present of eight or Un iKiundrt of net cottou with every lisle we sell them, or almut 69 cents a bale st present prices." Mr. ruTrln said — ...JMHMP edlea for this situation. One was to make the bale lighter, the other to sell all cottou st net wright. GIBERT A CLAY’9 DAILY COTTON LETTER. New Orleans. Aulc. 16.—In Liverpool op. tbms were Influenced by extremely favora ble crop reports nnd dosing prices were called Irregular • to • points lower than the Cables Indicated free selling by majjt Interests of near months against purchases for import. MB of . the expected reaction that S feeling of tier- rotisues* has found lodgment In the minds of not a few. but when Improvements do occur very little. If nny, desire Is manifest to suppi*rt the market. As fsr ns market Influences srs euurernsd. the weather Is usturally the predomli^nt feature, but there must also lie reckoned with the il ready f ^ y wi f tfefl rllnlng i market’s nmlertoue takes place. Deaths ahd Funerals. w. R* FAGAN. Msnnnsis prices before the iownward move halts. Xcw York. Aog. 15.—Purther shor* cover ing ocrurre*! In the early trading today under the leadership of specialties, and when the large Interests took brid sggr**s- ring the list. o a „„„ funk . Ing from that source tomorrow, when — market will prolmlrf/ work upward far ther In nntbtpstbm of good bank stated mefit, Indlcstcil by the sub-treasury ofiers-1 lions. We rhlnk the leadership of special ties. having lieen gnrreeded liy lunadrr I buying, means that the tasking etc sent | see their way rlsar through the slough of . st»d conservative halltshnaas should e rved ntwn the geaersl market for e, with selected issues bought Jodi- 1 r for turns. BRYAN QUITS PARIS FOR MADRID, SPAIN Br. I’rirnte leaned Wire. • p»rl«. Atitt. IS.—William Jenlnnx. Bryan left thl* city for Madrid at noon today. Mr. Bryan had to lanva town without meet Inc Prealdent Failure*, who aent the American travelar word that he would not be able to arrange hla appointment. .0 aa to glra Mr Bryan an audience. Mr*. J. D. Jon,,. Mr*. J. D. Jonea, 2< year* old, dlad Tueaday evening at * o'clock at Her re.tdence, 41 Bonnie Brae avenue. Th* funeral service* will be held at t o'clock Thuraday afternoon, and th* following pallbearers will meet at II. O. Poole', undertaking establishment at 2:11: 13. R. Pritchett, J. o. Smith, Warner Perk, Cleveland Btephena, J. T. Mlddlebrook. and Arthur Spurlln. The Interment will be nt Westvlew. Mr,. Rom Kally. The funeral .ervlcea of Mra. Rosa Kelly were held Tuesday at Poola'a un dertaking parlors, and th* Interment waa at Weatvlew, Effl* M«V South. Th* funeral service, of Elfle May Bouth, th* l-year.old daughter of Mr. and Mra. Jeaaa South, ware held at the re.tdence of her narente, I7R Weet ain—tt. avenue, at 11 o'clock Wedneeday ig. The Interment was at Holly wood. Mr., Llzzla Richards Funeral service* of Mra. Lt,,le Rich ard* were held at ID o’clock Wednes day morning at Barclay 4k Brandon's undertaking eetsbllshment. Th* fhtiir- ment waa at Hollywood. Samual L. Land. Bamuel L I.and, 61 years old, died after a long I line.a at 2 o'clock Tura- day afternoon at hla residence, 210 Lawson straat. Th* body w»« carried to Toccoa for funeral services and In ferment at 7:20 o'clock Wednesday morning. H* Is survived by a wife and several children. Mr. Hennerd* la Elected. By I'rival. I.eased Wire. London, Aug. 16.—Mr. ( Hennerd,, Liberal, wna elected by a majority of nearly 2,600 In Ih* by-election In th* caat dlvl.lon of Denbigh,hire. Privets Wire to Ware A Leland. Chicago, Au*. 15.—Cable, not aa weak a* our market and we may gat aornn recovery today In wheat. Support In wheat poor. It drag, and wilt drag lower. Reactlonlfts are buy Ing. <>*t* merket very dull until Helm hoi* sold about 200.000 May. Pit crowd principal buyers, but are now trying to sell out. lemks as If Rankin In trying to oov er a llttla May wheat sold yesterday. Hcalper, buying In some wheat sold yoat.rdey aUo. Offering not large. Buying of December corn by FIntey Darrell la holding the mnrket. Finley Harrell Juki ‘ bought 100,000 December corn end still bidding for II. Private Wire to albert A Clay. Chicago, Aug. It.—Relieve wheel Is not far from bottom. Corn and oata In nur opinion are a purchase. ■ Record-Herald says: There wua con siderable activity yesterday In call for oats nnd corn to arrive. Sale, aggre gated 117,000 bb.hela. Armour waa Ih* leading buyer of corn. Provision men were claiming that lard waa down to an export basis yes- terday and that aome of tlio little out- sHIe puckers had been selling «oino of Ca.h sale. In Chicago war* 15.000 wheat, 135,000 corn anil 76,000 oata. A petition atarted by F. P. Fraaler lo reduce the commission rate* to th* old basis prevailing before March 1 re ceived enough signatures to take It be fore the directory, but the latter die- approved It on the around that euf- Helen! lime had not elatwed since the rule waa piuaed to decide. Chicago Inter-Ocean: Kansas has fallen Into Itni with the other winter wheat stales nnd reported a big yield, tha second largest crop on record. King, of Toledo, wired the Kanana report laat night, making >1,600,000 bushels wheat. The last report on con dition In Kansas waa 70. The gov ernment reimrta Kansas 11,000,000 bushels. The average yield per aero 14.7 bushels, against 11 bushels a year ago; iiunllty high. Corn condition it, .gainst 72 In June end 62 lest year. Two-thlrda of tho corn counties report the condition 20 to 100, or above, the other third comprises some of the big communltlee and th* average down. Crop lest year 120,000,000 burhel*. ’ Th* word "new" In the In-pactlon of oat* In Chicago will be dropped gfter today. •"rtie ont crop In Michigan la light weight, weighing 20 to II imunda per buehel,” said Henry L. Uoeman, of To ledo. "The crop In Ohio and Indiana ha, been discolored by rains while In the ahock. Corn In the eastern state, I. doing nicely, and the greeter part of the crop will be out of danger by Heptember 20, but there la aome corn that will require longer to mature." The 60c corn bulla were very busy selling corn yesterday at 461-ic for wheat crop of Bpaln I. given at ,uJ,000,000 bushels, nr 60,000,004 bushels more then laat year. This In crease Is so large that It raised aom* doubt, afc to It, correctness. In 1204 the crop waa 20,000,000 bushels and In 1201 It waa 104,000,000 bushel*. Half the wheat end nets crops In Ok lahoma has been ruined by recent heavy rains which fell for 11 out of 21 days. The grnln la sprouted end dam aged. This report came from a trav eling man, and waa aent from HobarL AT 11 OPENING Initial Prices VV ere Frac tionally Lower ou Bear Pressure. SUPPORT WAS LIGHT Cables Were Finn in. Face of tiie Decline in Chi- cjigo Yesterday. By Private lecse.l Wive. Chicago, Aug. II.—Wheat cloaed l-l 03-4c lower. It was a caae nf ths longs getlng out of their holdings and the hulls refusing In meet them. un rinsed R-M27-lr lower and oata lost l-4fll-!c. ling products were up 2 1-2 ©20c. Cash sales were 11,000 bushel, when. 116,000 bushels corn end 140,000 bush els oats at Chicago. Ten loads of wheat, 6 loads corn and 110,000 bushel, oats at the seaboard. At no time was tho mnrket In con dition to encourage the hulls. Thla w ta a fact In wheat as well aa In the coarao grains. Primary receipts of wheat 622,000 bushala and corn 462,000 bushels, com pared with 741,000 and 177,000 bu.htla re*|ierltvely n year ago. CHICAOO ORAIN MARKET. nigh. r Opsn. WHEAT- H**|»t 71 IHm*.... 74 life S* RE;:::. SS Kept... 17.00 Jan.... 13.40 LAUD~ Kant... 1.60 -rt.... i.i in.... 7.65 «.w HIDKK- Hspl.. ft.86 «.« j?L t|* AHII WHEAT— ... 3 ml 71071)4: !i:8 9 it 2* 1 6.016 1.60 J| 5;8 1.85 6.0 7.2JH T.27H SI:S 8:3 m si 8.97)4 ?:§* Oklahoma. There la a big crop nf cotton, though ths acreage la roducad. al THE COFFEE MARKET. SOUTHERN EXCHANGE Oldest 13.laHII.he4 Office South. COTTOU—STOCKS—BOROS GfUlli Ground Floor Gould Bullrilnf. Dally markat Irttrr x.nd market manual mallsd on ip^tlkm. L J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIH Correspondent's Capilal $250,000 liw Orfrat WARE: & LELAND COTTON, CRAIN, PROVISIONS, STOCKS. BONDS, Ca. 2 Wan SL, Ftttn Bri'dhg. Allaalt, Co. klUBlAS: Atm fark Cclta* Btthaa§r. Atm Crltatt Caftea [i .katjt. CAuaga ChJtata Betti at Trait. Cbhaja Slack Itihaage. r .w Crltatt Cant la.baeit. CbUsja Vat* laekaagc. Uttreaat Cattt ftnatlafiaa Tart CaUtt htkaaft. MnStWIm It kt» lark. Kem Orleaat. Ckhaga. *. C COlHK*>t. Manat. I(U n... 17(7. SUMS’* Flu lino and nt^MililH t Ion oil tin* •Icrliiir, wTilrb 'arrttifNl to'atari ftowinranl movamriiL aa tha rarljr aaloa [»«M'i*mlM>r nml May vrra aom* 6 jnilnta • tin* rloalnff hid* of jratorday.—Clltart k t'lnr. "M.\vYo,k t '2)tt ».rt.t w- Opanlng Krptruilirr Ortalirf NormilNT l)r<mihrr.. .. t'loanl airadr. 6,60-6.99 ft.9M.* 6.86-7.00 THEY STILL FEAR MEXICAN REVOLT Ily Privale leiwl Wire. Ban Antonio, Texas, Aug. II.—Thar* have arrived from various points In Mexico a number of refugees, mostly men with their famine*, who do not propone to tab* any chances In regard the anti-American uprising which has been threatened In Mexico for Heptem ber II. After seeing their wive* *nd children placed safely, th* men a. a rule propose to return to Mexico end aae tha thing out. No. 2 do 40VMMO. NORTHWEST CARO. Mlnn<*Apolls. . . . • • Duluth LIVERPOOL GRAIN MARKET. Whaat— Opanatl %r lowrr; nt IJI p, m. p lowrr. ami rliimnl 1 **»*><• Umar. rrtrti-f)|H*u«*«l uiirhitnanl; at p m . wna michaiitfril to %v hltfhrr; cloaad 140’ic PRIMARY MOVEMENT. mr-»Ejr»l of alt rat awl corn today: Wfcrat llaiHpt* t*H|*jr *:!,'• •• liii-lwla, agalnat 745.00ft hualii’la lint yrnr. Khlp* i' ‘*iita tnda; 175.cni) h'*Ali©li6. lUMlnit ,.v.- 600 hrtalwla last roar. Corn--Rarriptft today 464.070 tiaofari*. laat yanr. CHICAGO CAR LOTS. COTTON SEED OIL MARKET. Saw York, An*. li.-Tha tnarkat f.tr r»*t- ni ttl oil wia dull, ahowlnf unluii-Tf-mt rlimara. Aaguat and Haiitriniy* r *r.* ai©od* Ily in-id, awl offrriuaa from tliu« to tiuut ar# taken liy taa Irndlua Inter*'-i* Ort..i.er rallliNl a llttla from tV* l«»« i-*int. nml thrra appaariMl to ta trtr llttla on tha market, taler ilellrerte© to mg, hut with a vary amall trail, at the rloaa wara um linmr—1 from Theresa, no hualneM re[*orteti.- Afttraat Keplanitar Oitotier Norrtnhar.. .. ... tamntar Janaary Halva. \m August I at 3)'4 ] L( V R\ N (Al riONAL BA N K CAPITAL, SURPLUS AND PROFITS OVER ONE MILLBON DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. : vsom rsufiu-jj i.'.jfimimaMeFi MADDOX-RUCKER BANKING CO. CAPITA F $200,000.00 SURPLUS AND PROFITS . . - - $500,000.00 ACCOUNT* INVITED Wc invite accounts of inrllvldnals, cori>orations, banks nnd bnnkcrM and offer the best terms consistent wit li conservative banking. In uur Having, Dspartnv-nt w* nlluw Interest at the nate of 3 1-2 p*v cent. Compounded Semi-Annually. *