The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 16, 1906, Image 11

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JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE") Mr. Lively’* 25 years’ experience >f editing markets In Atlaqts and the South has made him a rec ognised nutborlt/ in bis specialXj. fflPd. WEAK, sum LIB Opened the New York Op tion Market 5 to 10 Points Lower. SENTIMENT BEARISH Longs Were Active Sellers with Almost No Sup port From Bulls. NEWS AND QOSSIP Of the Fleecy Staple. Private Wire to Gibert & Clay. Sew York, Atig. 15.—Llver|K>ol opened 5 down. Wna duo a bout 4 down. Carpenter. Bgggutt A Co. say: “Wo think tin* market la going t« work lower and favor wiIom on inllleH. but would suggest rare 1n operatIona, uh any extremely lmd went nor might cans* a rush of short* to rover that will tend to put prices hlxher than now sihuiis probable." IMck Ilros. & Co. say* “Under the cir cumstances. we cun not see our way clear to advise buying, either for Investment for speculation. The JoiH'unl of Commerce says: “Sharp advances In staple glnglmnis nnd colored cottons were the features of the day’s bust- Advances in wide sheetings and ‘ still pending, nl- Irtimll.v at value MARKET WAS PULL 1 1 ll'rev. 1 Open] High I/OW Cl’selBId LT*c. bleached sheetings though most lines _____ ... awaiting an advance of. at least. . ... cent, and possibly more within thirty dav per Trailing for the day tucked .... vigor of last week, ns buyers ai to test the effect of lower cotton i the exchanges.“ We understand that the Giles report, will of the vaitlng quoted at Yt 0 By Private Leased Wire. New York. Aug. 15.—The local market •pined nt a decline of 5010 points, or lowe than due ou the cables from the market tt Liverpool, which were decidedly poor. There was heavy pressure from hear source*. and also some active selllug by long®, with almost no support from the bulls. Indicating that even nt these new low jivi!- for the season with every option under 1'*'. sentiment la fully ns bearish if when quotations were a half cent Ugbvr- Cotton In Liverpool was lower than ox period, both spot and futures showing de cided weakness. At the «*lose In that mnrket, spot was •noted 7 points lower at 5.58d for mid dling uplands, while futures were 9010 points lower. Uii the opening cables. New York should have opened about 2 points lower, but In land Initial prices were nt n declluo of Ml) points. Trade fairly active and nn Increase In sutdde business noted. The market held itrndv after the opening break, but there «m* no snap to It, nnd crop reports offer terv little encouragement to buy 1>, ex- cpt for occasional covering, and despite There will l»e no crop condition report toned on September 3, as a recent act of congress directs that the condition report _ iiig the months In which audition reports and glnuers* reports Issued. Therefore, the Heptemlwr re- t will be Issued as follows: Agricultural r>rt nt 1 p. m.. New York time, nnd ffijutis glnners' report about 2 p. in., New York time, probably September 7, 3 or 9. Keml-weekly movement at thirteen Inte- ..or towns. Receipts 13.621; shipments 15,- 07; stocks 94,511; no com ns rati vs. Since Friday, stocks have lot 1,876 bates. At Galveston, 1.378 bales new cotton were E rlvctl today, Houston 1,260 and New Or- ns and Augusta 1 each. An compared with yesterday** close In lb" York, the Anal figures snow declines •f 17019 points, or within n point or two .. - . — “•* -*— with the tone be Issued by Hutton A C< Friday. Liverpool continues selllug here. The mar ket Is easy on continued bearish news. •Carpenter n Idg buyer of December and Jrnuary again this morning. New Orleans. Aug. 16.—The overnight longs are liquidating, causing further do- E resslon. but would only sell when the mar- et sticks Its bead up. Might have slight reaction shortly ou corcrlng by satisfied shorts. Liverpool cables: "Think the mnrket In a weak position. Continent selllug near months against imports.” Waco. Tex., wires: “Weather perfect; less demand; spots easier." Private Wire to Ware A Lelnnd. New York, Aug. 15.—Llveriwx opened quiet, 3 down. At 12:15 p. in., 506 down nnd easy; soles 5,000; spots 7 down at ' 58d. Futures due about 3 to 4 down. Liverpool cables: "Mnrket affected un favorably by poor New York report and ^he New YorL - .Iverpool cables. Pearsall offered Oetolwr from 10.50 to 10.49. Gifford sold about 6,000 Jnnunry for Jones and Hclilll. On rabies lower than expected, cotton opened down with quite general selllug. both outside Interest nnd local traders apparently anxious to follow the selling Trade fairly large and well dis tributed. New Orleans, Aug. 15.—It Is a fairly ac tive mnrket. Orders are well distributed nnd about evenly divided. Hulls are buy* SPOT COTTON MARKET. Atlanta, quiet nt 10c. Ntw York, steady nt 10.30c. New Orleans, quiet and easy at lft%c, Liverpool, quiet nt 6.68d. Augusta, quiet at 10‘ic. Knvnnnah, weak nt 10 l-16c. st. I.oul*, dull nt 10%c. Gnlrcstoii, steady at 10 3-16c. Memphis, nominal. Boston, quiet nt 10.40c. Philadelphia, steady at 10.56c. Mobile, quiet nt 9%e. Norfolk, quiet nt lOUe. Houston, quiet nt 10%c. LIVERPOOL COTTON MARKET. rpool, Aug. 15, 12:15 p. m.—Cotton, sp<>t business moderate, with prices easier; middling uplands 5.58U; sale* 6,00ff; Amort- in n.yoO: speculation nnd export 500; re- flats 5,000; American 200. Futures opened quiet. Opening Range. Close. .uguet 5.35-6.32 6.30 .mrmit.Hent. . . .5.32-5.29 5.26 ..5.27-5.25 6.21 fcpt.-Oet. . " Nov. . . . -Dec. . , Pw.-Jan. . . Jin.Feb. .. Kelt. March. . Har.-h April. AprllMny.. Clnsecj Irrog Previous Close. 5.38-5.39 5.35-5.36 5.30 . .5.26-6.23 5.19-5.20 5.29 ..5.26-5.24 5.20 6.29 . .6.26-5.26 5.21 6.29-5 ..6.28-5.26 5.23 5.21 , 5.25 5.33 . .5.82-5.30 6.27 6.35 , .5.33-5.31 5.28 5.36 j heretofore reported perfect conditions that crop Is rapidly deteriorating by shed ding. Net' stock of cotton here Is 14,273 bales, against 55.165 Inst year. Amount of cotton — shipboard is 18,929 bales, against 18,121 it year. futures arc steadier, but the market shows little sign reaction. Liverpool Is altogether too bearish to have Its In fluence removed quickly. There Is nothing In the spot department, weather tnnp. Home call the map unfavor able, but moderate temperatures accom pany the rain. High temperatures are more to be feared thnn anything else Just now. Material Gains Were Made in All Departments in First Hour. TRADING WAS ACTIVE Stocks in Early Trading Bought Without Regard For Price. THE WEATHER. LOCAL rOKECA8T. WEATHER IN COTTON BELT. TODAY'S PORT RECEIPTS. The following table shows receipts at tba ports today, compared with the same day ait year; INTERIOR MOVEMENT. day Inst year: Henston. Aitftwfn. ibinphls. L J- ANDERSON & CO.’8 DAILY MARKET LETTER. rk. Aug. 15.—Another sinking mar- oti nothing more than has been ... r nearly a month. Crop reporta *, i' 111 ‘’«*nfllctlng. but complaints arc very ‘ re numerous thnn in the past. ■ of the opinion that the decline become artificial nnd It Is about nil n halt. There Is no use In be- jwniing an eleventh hour bear and hnvlng ™ I' 1 *.' f-tr the experience. Even If the elf- u , n warranted It land we do not think “ past experience has taught us that Mg trail. There is hardly a Jil left, the hand wagon Is full of bears, bi. n tendency on the part of the •f trade to cry. “Htop. n rnliy Is due." It tier.- than likely that they will on- f 1 r *dure their following so ns to u-i , to , " ko * I tetter hold nt n higher th. i- n 13,10 f'lture developments prove ■»«.,, $** estimates which have been dr ying the ring. and pleasant. Dallas clear and hot. Mississippi—Jackson, Nntehes and Yazoo City clear nnd warm. Meridian clear nnd hot; hard rain yesterday. Hnclehurst, Hrookhnven, Greenwood and Vicksburg clear nnd hot. Aiuory cloudy: light rnlu yesterday ufternoon. Holly springs und Aberdeen clear and pleasant. Alabama—Troy pnrtly cloudy and plena- nnd pleasant. Montgomery pnrtly cloudy and pleasant. Opelika fair nnd wnrm. Mo bile pnrtly cloudy nnd warm. Georgia—Albany partly cloudy and hi had a very good rnln Inst night. Ann- _ rus fair and warm. Macon cloudy nnd cool; had hard rain yeaterdny afternoon. Louisiana—Shreveport cloudy nnd hot. New Orleans clear nnd hot. WEATH ER~~FORECA8T. Georgia, Fast Florida, West Florida—Lo cal rnlns Wednesday and Thursday. Ixmlslnnn, Mississippi and Alabama—Local rnlns Wednesday: Thursday fair. East Texas—Fair Wednesday ntul Thurs day. West Texns—Fnlr In south, showers nnd cooler In north Wednesday; Thursday fnlr. Arkansas—Showers Wednesday; Thursday fnlr. By Private Leased Wire. New York, Aug. 15.—The atock mar ket this morning was stronger and more active thnn at any time this 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 tive 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 f.ne 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 an Increase In the Union Pacific dividend and Initial payment on Southern Pa cific presumably at the. rate of 4 per rent. Chffnges nt the opening of the mnrket were advances generally. Rending gained % In all. Texas Pacific rose %. Peuusylvn nln, Missouri Pacific, Atchison, I’uiou Pa dflc, nnd 8t. Paul gniued %. The market was full of heavy buying or dors nil through the first hour, and prtc to 140. The gains made In the various securities ere not large, but were Important Ite mise they started them nt already high RANGE OF NEW YORK STOCK MARKET American Sugar Refining Atlantic Const Line Aunconda America ii Locomotive do. preferred American Huicltiug Refining do, preferred Atchison ; do, preferred American Cotton Oil Baltimore and Ohio. Brooklyn Rapid Transit • Canadian Pacific.. Chicago and Northwestern Chesapeake and Ohio Colorado Fuel mid Irou Central Leather Ho, ’preferred Delaware and Hudson.... Distiller's Securities.... Erie ».... do, preferred... American Ice Securities Louisville and Nashville Mexican Central.*. * Missouri Pacific New York,’Ontario and Western National Lend Northern Pacific New York Central Norfolk nnd Western elilefl** Erie, and ' Pennsylvania. Governments unchanged. Other bonds.are LONDON 8TOCA MARKET. Lee Atchison Canadian Pacific Chic., Mil. and St. Paul.. Erie Illinois Central Louisville nnd Nashville. . . Pennsylvania Southern Pacific.. Union l'nciflc United 8tntrs Steel, do. preferred. . IM COTTON REGION BULLETIN. For the 24 hours ending at 8 a. m., 75th meridian time. August 15, 1966. WEATH Eh CONDITIONS. The weather continues more or less unset tled over the entire country, due to the tint condition of the pressure element. There has been a general dercase In pressure nt practically nil stations, and today the ba rometer Is nowhere up to the normal 130.00 Inches!. These conditions cause a slow, sluggish movement of the atmosphere, ns Is shown by the prevalence of light winds. The ruins during the lost 24 hours have been local in character nnd confined for the must part to the southeast quadrant of the United States and a few stations lu the northwest. . 4 _ . Very little change In temperature has oc curred except nt Bismarck, N. I>„ nnd Miles City, Mout.. where it Is 10 degrees colder thnn nt the same hour Tuesday morning. The conditions favor the development of local thunder shower* night and Thursday In this section to- WARE 4 LELANDS rket letteb< >ther y on the'‘faiTti're *of"Liverpool to follow the local recovery yesterday, and -when went buy* era for n reaction started to sell prbis sinned away very rapidly. Jnnunry sold down to 9.62, with Deee,.il»er only 3 points from 9*,V during the session, tor some rea son or other there w* mwl to '1°«*, !LV is.rt of Importance, and beyond the short oVprlliK from tlm* to Unto tho market wim devoid of the buying that wns needed to "Tmt" quantum of 0< totM>r cotton cam" nil. around 4c. nnd thli broke that month nmgh " tl vcry cn.lly. H-port. front he An nt a ind lea t e that Indter weather for the development of cotton tMiuld hnnlly l»e «je- vtitat.1 hr nature. 1 ttiese < ir< uin ,*es. and In view of the fact that well- med neople nre unanimous in declaring crop accounts, such ns are now coming m now never liefore been received at this season of the year. It Is very difficult to 22 how there can be found a genuine basis tor a bull speculation In cotton nt the 11 The*entire market larks buying, nml as STATIONS OF ATLANTA DISTRICT. *Atlantn, cloudy. ! ! •Chattanooga, cloudy.. Columbus, cloudy. . . jeelk. N’ewnan, cloudy. . . . Rome, p. cloudy Spartanburg, cloudy. . . . Tallapoosa, p. cloudy Iff Pressed Steel far do, preferred.. •Iflc ..Mall prer. United States Rubber , do, preferred Southern Pacific Southern Railway do, preferred Sloss-Shcffleld Tennessee Coal nud Irou Texas nml Pacific Union Pacific United States Steel do. preferred Western Union ... Wabash 1 do, preferred Wisconsin Central <1<l_ preferred Toral stock sales today 1,006,000 shares. RANGE OF THE COTTON MARKET AT NEW YORK. I § * 1 Lant I ! Sale 1 j u Aug. .... Sept Oct Nov Dec Jflii Feb March. . . . 9.36 9.5'* 9.54 9.60 9.69 9.72 9.81 9.66 9.62 9.71 9.71 9.61 '9.25 9.3S 9.51 9.50 9.59 9.72 9.71 9.25 9.4* 9.51 9.52 9.60 9.72 9.71 9.12-18 9.24-25 9.40 9.46-48 9.61 62 9.60-61 9.66-68 9.72-73 9.31-33 9.41-12 9.57 9.64-66 9.69-70 9.78-79 9.84-86 9.89-90 Closed bnrely sternly. AT NEW ORLEAN8. 1 O a tt 5 2 1 Sr | 1 Ang Sept Oct Nov Dec Jnn Feb March. . . . 9.9*2 9.65 9.66 *9.69 9.67 9! 77 9.92 9.66 9.66 '9.69 9.67 b!79 9.88 9.58 9.48 ‘9.50 9.57 9! 70 9.88 !*.5s 9.50 bisi 9.57 bji 9.88 9.57- 59 9.49-50 9.51- 53 9.51- 52 9.57- 58 9.62-64 9.71-72 9.97 1 9.75-77 t 9.64-65 1 9.66- 68 9.67- 68 9.7J-75 9.79-82 1 9.89-90 Closed steady. EXPORTS FOR JULY SHOW A DECREASE By Private Leased Wire. Washington, Aug. 14.—The department of commerce nnd lnl>or bulletin for July shows that the total exports of bread- stuffs for the mouth was $7,910,825; cattle, and hogs. $2,644,870; provisions, f 15,- cottoa, $9,580,748; mineral oils, $6.- 048.496. The__total exports for th< ... month against $51,626,989 for hour period ending at 8 a. HEAVY RAINFALLS. Greensboro, Go * Evergreen, Ala Albany. Go - Tnseumhln, Ala ..2,64 ..1.92 ...3.80 CENTRAL STATION. Atlanta Augusta. Charleston. ..... Galveston Little Rook Memphis Mobile Montgomery New Orleans Oklahoma Hnvnnnnh Vicksburg Wilmington. .... Indicates Innnprecinh e rainfall. Ill HI The totni $41,193,717, ns •• nil mm 1«I June. The total exports of breadstuffs for the seven mouths ending with July were $100,243,601, as against $66,211^063 for the coirestMiiidlng NOTES ON GRAIN Pointers on Provision* Private Wire to Ware & Letand. * Chicago, Aug. 15.—Cables not weak as our market and we may get some recovery today in wheat. , Support In wheat poor. It drags* and will drag lower. Reactionists are buy Ing. oats market very dull until Helm- hols sold about 200,000 May. Pit crowd principal buyers, but are now trying to sell out. Looks as If Rankin In trying to cov er a little May wheat sold yesterday. Scalpert* buying In some wheat sold yesterday also. Offering not large. Buying ot December corn by Finley Barrel! Is holding the market. Finley Barrel! Just bought 800,000 December corn and still bidding for it. Private Wire to Glbert & Clay. Chicago, Aug. 15.—Believe wheat is not far from bottom. Corn and oats In our opinion are a purchase. Record-Herald says: There was con siderable activity yesterday In call for oats and corn to arrive. Sales aggre gated 137,000 bushels. Armour was the leading buyer of corn. Provision mftn were claiming that lard was down to an export basis yes terday and that some of the little out- jdde packers had been selling some of Cash sales In Chicago were 85.000 wheat, 135,000 com and 75,OOC oats. A petition started by F. P. Frasier to redube the commission rates to the old basis prevailing before March 1 re ceived enough signatures to take it be fore the directory, but the latter dis approved It on the ground that suf ficient time had not elapsed since the rule was passed to decide. Chicago Inter-Ocean: Kansas has fallen into line with the other winter wheat stutes and reported a big yield, the second largest crop on record. King, of Toledo, wired the Kansas report last night, making 91,400,000 bushels wheat. The lost report on con dition In Kansas was 70. The gov ernment reports Kansas 81,000,000 bushels. The average yield per acre bushels, against 11 bushels a year ago; quality high. Corn condition 88, ugalnst 79 In June and 89 last year. Two-thirds of the corn counties report the condition 90 to 100, or above, the other third comprises some of the big communities and the average down. Crop last year 190,000,000 bushels. The word "new" In the Iivpeqtlon of oats In Chicago will be dropped after ‘ >day. "The oat crop In Michigan Is light eight, weighing 20 to 25 pounds per ushel,” said Henry L. Goeman, of To- do. “The crop in Ohio and Indiana as been discolored by rains while In le shock. Corn In the eastern states doing nicely, and the greater .part f the crop will be out of dunger by III M OPENING Initial Prices' Were Frac tionally Lower on Bear Pi’essure. SUPPORT WAS LIGHT Cables Were Finn in Face of the Decline in Chi cago Yesterday. By Private Leased Wire. Chicago, Aug. 15.—Wheat closed 6-8 03-4c lower. It was a case of the longs getlng out of their holdings and the bulls refusing to meat them. Coin closed 5-8#7-8c lower and oats lost 1-401-2c. Hog products were up 2 1-f ©20c. Cash sales were 35,000 bushels wheat, 265,000 bushels corn and 140,000 bush els oats at Chicago. Ten loads of wheat, 6 loads corn and 180,000 bushels oats at the seaboard. At no time was the market In con dition to encourage the bulls. Tills waa a fact In wheat as well as In the coarse grains. Primary receipts of wheat 623,000 bushels and corn 463,000 bushels, com pared with 745,000 and 677,000 bushels respectively a year ago. CHICAGO GRAIN MARKET. 3M Although the exportation of cotton the seven months ending with July fell from 4,093,360 hales during the first seven months of 1905 to 2,987.706, the total value of the cotton exported Increased from $170,315,741 lu 1905 to $170,676,123 for the seven months eliding with July. The to tal value of the exports ending/with July whs $457,375,471, ns against $399.9*6.469 for the first seven months of Inst year. 8ERIOU8 LEAKAGE IN COTTON BU8INE88 Mrs. J. D. Jonas. Mrs. J. D. Jones, 28 years old, died Tuesday evening at 6 o’clock at her residence, 45 Bonnie Brae avenue. The funeral services will be held at o’clock Thursday afternoon, and the following pallbearers will meet at H. „»» ». .... G * P°ol®’8 undertaking establishment mouth,"n/ 1906. [at 2:16: E. R. Pritchett, J. O. Smith, Warner Peek, Cleveland Stephens, J. T. Mlddlebrooks and Arthur Spurlln. The Interment will be at Westvlew. In his ntuiunl address President E. A. Galvin, of the Farmers' Union, said: "There Is ii serious leakage In the cotton business, ns nt presellt conducted. All of our cotton that goes nhrond Is sold at m*t weight. That is to say. a eertnln arbitrary percent age Is deducted to cover the weight of the bagging Hint ties, for the spinner only wants to pay for the uciunl cotton and not for bagging mud ties, which are worthless to him. This Is nil right, provided »r. paid for the actual number of pounds lu each bale, ns the price Is more when bought nt net weight thnn at gross weights, but abuses have crept Into the business until under such existing conditions we ars making the buyers n present of eight or ten pounds of net cotton with every bale we sell 7 them, or almut 80 cents a bale at present prices." get Innnpreclnh e t REMARKS. the previous 24 hours. \ery little chnuge was shown In the western districts. Mod erate rnlns were reported In all districts. Heavy rains have fnlleu lu Georgln and Alabama. • J. B. MARBURY. Section Director, “ *■ ALABAMA ST. GIBERT & CLAY STOCKS. BOND*. COTTON, GRAIN, CoVfCeTp AO VISIONS -MBERSl ATLANTA, OA. , PrtMle Wlrm to nil EkCbtn*-*- PAGAN. M»n3n,r» tnd Lona Dl,t«ne» Tilwhon, K9fc _ W. R- FAGAN, minao-A THE LIVE 8TOCK MARKET. By Private Leased Wire. Chit ago, Aug. 15.—I !t*gs— Receipts 22,000. Mnrket eteadr; quality fair: left over 6.228; bulk $5.9006.15; estimated for tomorrow 20.- 000; light hogs $5.7506.26; mixed $5.7 A " 6.22V4; heavy $5.6006.20; rough $5.G0©G..„ t pigs $5.20©6; vorkers $6.1006,15; good to choice heavy $6.1506.26. Cattle— Estimated receipts 20,000. Market steady to 10r higher; quality fair; beeves $3,854(6.75; cows $1.3504.30; heifers $2.30© 5.30; calves $607; good prime steers $5.25© 6.75; poor to medium $3.6506.15; stockers and feeders $2.6004.80, Sheep—Estimated receipts 18.000. Market steady; quality fnlr; native $305.30; western $3.1005.30; yearlings $5.4006.30; lamlm $4.50 07.*5: western $4.6007.75; lambs not quoted. prices before the downward move halts. New York. Aug. 15.—Further short cover ing occurred lu the early trading today under the leadership of specialties, nml when the large Interests took hold aggres sively In the afternoon, broadening the list, nut stile response was noted to a reason able extent, with promise of further buy- Ing from fbat source tomorrow, when the market will probably work upward fur ther In anticipation of good bank state ment, Indicated by the sub-treasury opera tion*. We think the leadership of speclnl- ties hnvlng been succeeded by broader buying, means that the hanking element see thdr way clear through the slough of money, and conservative bullish tie** should oltserved u|h>ii the general msrket for time, with selected Issues bought Judi ciously for turn*. Mrs. Rosa Kelly. The funeral services of Mrs. Rosa Kelly were held Tuesday at Poole’s un dertaking parlors, and the Interment was at Westvlew. * Effie May 8outh. The funeral services of Effie May South, the 8-year-old daughter of Mr. and Mrs.. Jesse South, were held nt the residence of her parents, 376 West North avenue, at 11 o’clock Wednesday morning. The interment was at Holly wood. Mrs. Llxrit Richards. Funeral services of Mrs. Lizzie Rich ards were held at 10 o’clock Wednes day morning at Barclay & Brandon’s undertaking establishment. The fntor- ment was at Hollywood. The pGc corn bulls were very busy The wheat crop of Spain Is given at 152,000,000 bushels, or 60,000,00^ bushels more than last year. This In crease Is so large that It raised some doubts as to Its correctness. In 1904 the crop was 96,000,000 bushels and In 1903 It was 104,000,000 bualfels. Half the wheat and oats crops In Ok lahoma has been ruined« by recent heavy rains which fell for 23 out of 31 days. The grain Is sprouted and dam aged. This report came from a trav eling man, and was sent from Hobart, Oklahoma. There la a big crop of cotton, al though the acreage Is reduced. May FORK- kept.,, 17.00 Jan.... 13.40 LARD- fiept... 8.60 Oct.... 8.65 Jnn.... 7.85 SIDES— Sept.. 8.85 8.65 nigh. laOW. (.'lose. Close. 71% 74 70% 73% 71 74 78 77 77% 7$ X s let 8* 4514 u «74 m 31% 58 3074 33 R 8.85 8.65 7.22*4 8.75 7.87* 8.92V4 pet.. . m .„. Jnn.... 7.22% 7.30 t’ARII WIIEAT- Nn. 3 red 71071%: No. 3 do 70070 2 Imrd winter 70071; No. 3 do 69% » 7.25 NORTHWE8T CAR& THE COFFEE MARKET. New York, Aug. 16.—Thi* coffee mnrket •pened steady at unchanged prices, but *«*on eased off under a renewal of liquids- nnd Kurnpenu l»ear pressure with prices .aid-day about unchanged to 10 points lower. There was some September liquida tion on the decline, which seemed to start the downward movement, na the early sales of December and May vere some 6 iMiluts er the clotflug bids of yesterday.—ull»ert (’lay. * Following was the opening range nnd close lu tar *■*— " *' *“ day: New York coffee market to- Opening GIBERT & CLAY’8 DAILY COTTON LETTER. New Orleans, Aug. 15.—lu Liverpool op tlons were Influenced by extremely ‘favora ble crop reports nnd dosing prices were called Irregular 8 to 9 points lower than the Wcvlous day’s levels. Snot quotations were lower by 7 Mats, 6.00ft bales l»elng sold, rabies Indicated free selling by contTuental Interests of uear months against purchases for Import. Conclusive proof was furnished today of the trade's willingness to fully respond to influences favorable to lower levels. 8«i much hns lieen said and written of late ol the expected reaction that a feeling of ner vousness has found lodgment In the minds of not a few. but when Improvements do occur vorv little. If nuv. desire Is mnuifest to support the market. As far a* market Influences tire concerned, the weather 1? naturally the predominant feature, - bul then* must nlso lie reckoned with the nl ready free movement of new cotton, nml to day we have It from Texns on good author- • that the demand for spot cotton Is do ...nlng and that prices nre easier, l-ront this It may !*» Inferred that some unmis takable e-op scare must necessarily occur before anything like n permanent Improve- sot In the market’s undertone tskes place. BRYAX QUITS PARIS FOR MADRID, SPAIN By Prlvnti* !,pjisp»1 Win' Purl., Auk 15.—William Jenlnng* Bryan i.ft this city for Madrid at noon today. Mr. Bryan hnd to leav. town without meetlnK Pre.ld.nt Fnlller**. who aent the American traveler word that he would not be able to arranRe hi* appointment, no a. to give Mr. Bryan an audience. Samuel L. Land. Snmuel L. Land, 03 year, old, died line w.e to make | after a long illness at 2 o'clock Turn day afternoon at hla re.ldence, 28fl Lawson street. The body was carried to Toccoa for funeral services and In terment at 7:30 o'clock Wednesday morning. He Is survived by u wife and several children. Mr. Hennerde le Eleeted. By Private l.ensed Wire. London. Aug. 15.—Mr. Hennerde, Liberal, was elected by a majority of nearly 2,300 In the by-electlon In the cast division of Denbighshire. SOUTHERN EXCHANGE Oldest Established Office 8outh. COTTON—STOWS BOROS—GRAIN Ground Floor Gould Building. Dally market letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAM Correspondent's Capital $250,000 RErCKCNCE, THE NEAL BANK PHONE 1417. PRUDENTIAL BLOG Htw Ortnat. COTTON^GRAI^N, ^RO^ISHbFsSlO^KS^ Ke. 2 Will SI., hlffl t.ifn.f, 3Htsll, C<. HIUVII- CMuiw BONDS, HIHIIIS: mw r,rl err*. fict,s». 6 m OrtMs, Cedes tetueft. ’"frhtle wtm te Sew Yuh, Sew Otletei. Ctleefe. Sell M»>» I3B. (Mrs,, Stars el Irate. ClfdM Stock fickatft. Hew fork Calltt ltck»»f. B. C COTHRAN, Ui.jfff. Sfsstfsr 4 Mtt Mh nil.. April. .. May... . June.,.. July — August. 7.15-7.26 .. ..7.20-7.25 .. ..7.25-7.35 ..7.35 . . ..7.40-7.:*! 7.45 7.50 , . ..6.Hft-\l.96 .. . .6.80-6.85 ... 6.85 6.96 .. ..6.90-7.00 7.06 7.10-7.20 7.23-7.25 7.25-7.35 ".«• 6.75- 6.80 6.75- 6.801 6.80-6.90 6.90-6.95 6.95-7.W LIVERPOOL GRAIN MARKET. Wheat—Opened %c lower; nt 1:33 p. m., %e lower, and elo*ed %0<%e lower. Corn—0|K.'iieil unchnngcrl; at 1:30 p. m., was unchanged to %e higher; closed %0%c PRIMARY MOVEMENT. CHICAGO CAR LOT8. THEY STILL FEAR . MEXICAN REVOLT By I'rlvnte Leased Wire. 8an Antonio, Texatt, Aug. 15.—There have arrived from various points In Mexico a number of refugees, mostly men with their families*, who do not propone to take any chance* In regard the anti-American uprlnlng which ha» been threatened In Mexico for Septem ber 1IT. Aft£r aeelng their wives and children placed nafely, the men ae a rule propone to return to Mexico and nee the thing out. Wheat,, ’orn.. .. Gnti,. .. t Today, Tomorrow* COTTON SEED OIL MARKET. New York, Ang. 16.—The market for cot ton need oil wjh dull, allowing oulmportaat change*. August nml Hentember are *tend- lly held, nnd offerings from time to time nre taken by the lending Intereat*. October* milled n little from the low point, ami there appeared to In* very little preoaure on the mnrket. lAter dellverle* continue to wig, but with a very email trade. Price* nt the clone were unchanged from Monday. There wn* no bualnes* re|>orted.—Ware & Lein ml. Openln Augnst September .. Oetober .. „ November December Jnnnnry % Sale*. 100 August at $8% and nt 30%. CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world; THOR. J. PEEPLES, Coibln. 3AS. O. LKSTEB. A„'t Cn.blfr. MADD0X-RUCKER BANKING GO. CAPITAL $200,000.00 SURPLUS AND PROFITS v . . . $500,000.00 ACCOUNT* INVITED . We invite accounts of individuals, corporations, banks and bankers and offer the best terms consistent with conservative banking.