Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, June 07, 1907, Image 12

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xl-LU ATLANTA"GEORGIA ACTIVE BUT EASIER Professionals Were Heavy Sellers During the Ear ly Trading. PRICES FORCED LOWER Indications for Unsettled Weather Turned the Market Strong. Fractal to The Georgian. (From Hayward, \ Irk & Ftark.) New York. Judo 7.—J. 8. Itacbe * Co.: LlrerpooI was duo 6*6 to t lower. Opened steady 1 to 2 lower. At 12:15 p. »-i net 2 to 2H lower on near nnd 3 to 3H lower on Into. Spots quiet 8 point* middling. 7.44: sale* 3.000, American 2.800; inert. 310: imports, 2,000-. American, 1.000. Port receipts today cstlmated at 8*000, against 9.11S last year. York New York, June 7.—Business at tbe open ing of tbe eotton market thie luornlug was active and price* were essv, chiefly on the poor cable* and fine weather. There was considerable bear pressure on the call. The list quickly rallied after the call, being supported by an abundance of outside buy ing orders. After tbe easier opening Indications for unsettled weather caused a moderate rally, most of tbe advance being held up to tbe noon hour. After midday, on rumors of a bull clique to squeeze July aborts, prices rupidly ad vanced. July going nbout 25 points higher flnce the opening. In the hint hour, decided strength de- veloped on a rumor that July wn* cornered by Liverpool, the dose being steady 12'u41 points higher than Thursday a duals. Movement luto sight: lit >7. 1901.. 1905. Overland week ... 13.445 12.693 17.711 Since Bent. I...... 1.559.913 939.321 1,026,420 Into sight week.. 56,876 83,303 121,007 Since Sept. 1 13,074.182 10.594.W1 12,334.542 Bon. munnnip 42,000 39,000 35.000 Comparative receipts at all U. H. ports: £ et receipts Friday 8.524 line 4av last year 9.H8 Decrease Total receipt* for the week 32.829 S:SS S otnl receipts since September 1 9.6i2.229 ime time last year 7.544.324 Increase 2,127,906 Estimate*! receipts Saturday ^ . New (Irlenn* 1.500 to 2.000 > Galveston 1.000 to l,6oo Houston 000 to 600 Movement nt Atlanta: Receipts Friday. June 7 None game day- last year Decrease Shipment* Friday. June 7 Same day last year Decrease K wk on hand Friday, June 7.- me day last year Increase #w „ rclal: “There ha* been enough bail went her In truth without mak- f up yarns." „ . , Irerpool better than due. Thfa 1* nat- urn l In view of the nlmrp advsara In the foreign spot market yesterday. The Jour nal or Commerce rrportu n small Increase In acreage, but makes the condition lower than the government report, which la not good. We reiterate that prices will work ultimately higher, nlthougn there might oc cur fulr reactions on any Improvement in Weather conditions. We believe In buylug far month* ou nll small declines. The Journal of Commerce report covering acreage and condition Indicate* an Increuse In acreage of 1.2 per cent. Condition re port* aro exceedingly poor. Replies receiv ed Indicate a condition of fl* per cent The season averages nearly a mouth late. This Is a bear rnld. shaking out the weak longs. Situation remain* very bulliali. \4e would certainly buy on soft spot*. Mitchell bought 5,000 July at 11.63 from Weld. . The whole flfiiaflori I* bullish, but some body continues to-spill out cotton. May require more liquidation before It takes an other firm hold, but the people selling it do not look very comfortable. Continue to ad vise buying It on soft spot*. Guild has sold about 15,000 October thla morning. Tblnk it I* for Lyons, and ring puts It dowu to 1'rlce. lUordau ha* also Memphis. Tenn., wires: “Commercial Ap peal correspondent* way Mississippi 7, Ar kansan 7*4 and Tennessee 64 per cent acre age abandoned. They Issue report Monday ^Following are 11 a. m. bids: July 11.68, September fl.65, October 11.84, Januunr 11.98. New Orleans, June 7.—Hayward. Vick Ac Clark: Weather outlook notnewhat critical. Hliowers Indicated for ea*t Texas ai ' central states. Should market be depressed bf t„ nnl of Cotnmsrca report being better than expected and selling on good weather night, think It Is a purchase owing ti critical weather outlook over Sunday. 1 like shaping for iinotber wet spell. CONDITION BAD ENOUGH FOR LEGITIMATE PURP08E8. Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-firs years* experience of ed iting markets In Atlanta and the Booth has made him a recognised au thority In bit specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAUR OP STOCK. Atlantic Coast American Huger ltuf. • Anaconda American Locomotive- do, preferred .... Am. ftme'tlug lief,. . . do, preferred « • .. Atcblsou . . , . . do. preferred . . •• American Cotton Oil. • Am. Car Foundry . . . Baltimore & Ohio . . . Brooklyn Rapid Tran.. Canadian Pacific . . . Chicago and Northw’n. Chesapeake St Ohio . . Colorado Fuel St Iron. Central Leather .... do, preferred . . Chicago St Great W. . Chicago. M., St Ft. P.. Delaware A Hudson. . Distiller’s Securities. . Erie do, preferred .... General Electric . . , Illinois Central . . . . Am. Ire Hecurdtes . . Louisville Sc Nashville. Mexican Central , . . Missouri Pacific .... NAME 07 STOCK. N. Y., Out. AW.. National Lead. . . Northern Pacific. . New York Central. Norfolk A Western. Pennsylvania. .... People’s Gas. . . *• Pressed Steel Car. do. preferred, . Pacific Mali. Reading. Republic Steel • Bock Island do. preferred do. preferred. . • . , Blots-Sheffield, . . . . , Tenn. Coal A Iron. • • . Texas A Pacific. . . • * . Union Pacific. ...... United 8tates Steel. • • . do. preferred. . . . . Western Union. . Wabash. do. preferred , Total stock sales 620.000 shares. opening, and later on even Liverpool 8POT COTTON MARKET. the of . (w ii doubt the tendency of the talent to cxng- 'kxi Iterate light showers Into heavy downpours worked ngnlust yesterday's market, and unnecessarily, too. because the truth nbout the condition of the crop is bad enough for all legitimate purposes. There Is reason to believe that the forced abandonment of acrengc will bo unuaunlly large; that In many ii field there will never develop a good stand; that an undue proportion of fertilizer bn* been lost by the washing ruins of April and May, and that the ulti mate upturn has been permanently affected. The attitude of spot men generally and of the railroads, bagging and ties supply firms and gin makers and repairers In particular is fairly convincing evidence that the yield prespect Is not good. Hence the course Liverpool, easier; middling uplands 7.41. Atlanta, steady; middling 12V New York, steady; middling 13.2a. New Orleans, firm; middling Galveston, firm; middling 12%. Memphis, steady; middling 12Vfc. Boston, steady; middling 13c. Houston, steady; middling 12%. TODAY’8 PORT RECEIPTS. The following table shows receipt* at the G irts today, compared with the same duy *t year Savannah. Charleston. . Wilmington. . Norfolk. . . . Baltimore. . . New York. . Boston. . . . J’hJIadtdpbhi. Newport New Brunswick. . Total INTERIOR RECEIPT8. The following table show* receipts gt ths Interior towns today, compared with ths name day last year: HAYWARD. VICK 6. CLARK’S DAILY GRAIN LETTER. New Orleans, June 7.—Liverpool was very ateady up to the time of co-operation from our side, when futures lost points ns due on yesterday’s close of our mnrkets. Cables rejtort selling on Improved crop accounts. Like yesterday, New York was Inclined to wenken, and from news to band and action. It looks ns if certain lending Interests bad teiu|Hirsrily withdrawn tlielr sympathy nod tactical assistance from the bull side. leans for middling cotton, half a grade up and down nt 12< * ' “ • - * tin l v NAVAL STORES. Special to The Georgian. Havnnnah. June 7.~TurnentIne Is firm nt 57: sales, 312; receipts, 1,073. Rosin firm: soles, 2,041; receipts, 2.212: window glass. t6.0096.Qn: water-white, A5.90 ««.!*»: .M. 35.7005,95; N. 15.6006.75; K, <5.70; I. $5 25; II. 15.00: U. $4.85: F. f4.6504.8OT K, $4.600460; D, f4.2rj(ft.3&; % B. $4000410.. THE D. 34.2594,36; ^ It, $4 IE 8UGMMVIARKET. »w York. June 7.—Local refined and raw sugar mnrkets steady and unchanged. Lon- beet* steady: June 9s %d. July 10s 4d. te mutual outing of the local sugar bro- i and refiners will take plnre tomorrow, and In consequence the market will close ferencs of opposition. -The decision the makes :o|idltlon of the osqp.(tt) May 30 69. ngiilust J2 Inst year and 7c4 In .1905. This condi tion figure, although representing the poor est start and condition of any crop at so Into a date, which may be of the greatest Importance and consequence In the future, ras not an low as people expected, and ills- ppoliitmciit caused the usual selling. The Increase in acreage Is estimated at 1.2 per nt. followed by the comment that plant- « Is not completed. Weather conditions over night were fa- vorablc. Temperatures rather high In the estcrii aud centra) belt and no oreclplta- on Is recorded, Indications are for cloudy wither aud a break In the dry spell over Sunday. Although quiet and railing ordera In ma jority. the market ta steady. Coutracts ure passing luto stronger bunds. New York. June 6.—J. 8. Ilache A Co.; Liverpool liquidation caused a lower opeu- lug In New York, but support was forth heerful feature was the faet that no great lot of eotton came out on the declines mu| the refusal of holders to liquidate made room shorts nervous. Private reports showing unseasonable con- tag AI |g| nil —* The ’ondttton, ns of May report. 69, which Is lower than govern- ent figures. All conditions point to higher res for cottou. We would advise buying far months on all fair set-backs. Let Os Finance Your Enterprises We are prepared to handle Stocks and Bonds cm the following industries: Southern Mills, Telephones, Municipalities, Electric Lights, Manufacturing Enterprisas, Steam and Electric Railways, Etc., Etc., Etc. ' We loan money on City, Farm and Out-of-Town Property. We buy Vendor Liens and Purchase Money Note*; al«o buy and sell various enterprises, especially the class enumerated above. Advances made to Manufacturers and Merchants. We Operate In Every City In the South. UNLIMITED RESOURCES AT OUR COMMAND. IMMEDIATELY ACCESSIBLE. BELL & COMPANY, Bankers and Brokers, 924-925 Candler Building, Atlanta, Ga. NEWYORK. ' The following fs the range fa cotton fu tures In New York today: i 4 1 |s i 5 311 1 u June July Aug Hcpt.. . . . Oct Nov 1 tec Jnn. . . . . March. . . itttuoi 11.63 11.86 11.61 11.81 11.77 1102 11.80 11.96 11.80 12.06 11.8$ 12.15 11.99112.22 iufio i ir.j 11.00 11.77 11.00 11.80 11.88 11.97 111.85-90 11.96 11.96-96 11.86 11.86-86 11.77 11.77-79 11.96 11.95-96 11.96 11.95-96 12.01 11.99-12 12.0912.00-09 12.20| 12.18-20 11.44* 11.55-56 11.66 11.63-64 11.82- 83 11.83- 85 11.96 11.9495 11.98 Closed steady. LIVERPOOL. Tbe following figures five the opening range and dose, compared with yesterday: Futures opened steady. Opening Range. 2 p. m, June 7.00 -6.98 — June-July... 6.87 -6.88 July-Aug— 6.84 -6.83 Aug--Kept,,, 6.75 Sept.-Oct.... 6.96 6.80 6.79 6.71 Prevfoiit Close. Close. 6.96 7.00 6.84 6.874 6.814 6.86 Oct.-Nov.V.V 6.59 JR Nov.-I)ec.... 6.54 -8.52 6.60*i Dec.-Jan.... 8.50. 6.47 Jnu.-Feb.... 6.48 -6.47 6.44 Feb.-Mar... 6.48 -6.484 0-45 Mar.-April.. 6.494-6.48 .... Closed steadv. 6.73 6.76 6.65 6.69 6.554 6.594 6.51 6.65 6.48 6.52 6.464 6.50 NEW ORLEANS. ‘ * r The following la the range la cotton fu* 1 tures In New Orleans today: a u High. Low. III! Ill 1 June.. • * .1 July 1X8S Aug 12.80 Kept 12.62 Oct 12.26 Nov Dec 12.24 Jan 12.28 March. . .(12.60 13.0012.80 12.8012.10 12.7612.62 12.46 12.28 12.4i il23 12.40 12.20 12.6012.60 . —112.75 112.61 13.00 12.98.13fl2.76M 13.80 12.8042 12.61 12.70 12.70-70 12.60 12.44 12.43-44 12.29-30 ■ 1238-40 12.24-26 r 12.38 1238-39 12.24-25 12.39 1239-40 1227-23 - 12.501 j « Closed steady. p NOTES ON GRAIN. I’oiuters on Provisions. (From Haywa._, Chicago, June 7.--Bartlett, Frnslcr A Car rington: Unsettled weather with general precipitation and higher • temperatures throughout the West. Feel friendly to wheat, nml hellevu It n purchase spots. See very little In corn nt the moment, hut would prefer to buy It on the soft spots. OntH have not shown much strength the last few days, hut on any further hreuk would prefer to buy the deferred future Feel friendly to provisions. The Washington office of the Western Union announces that the government crop report will be Istjtcd June 10 St “ Washington time. Refers grain. 'i’l... f 'lil.tan.. I.*. * * - selling 8 r „ Following letter dated Garfield. Kims., June 3: “Present Indication* are that the freeze of May 26 has Injured our wheat nt least 40 |>er cent; that la. In Pawnee coun ty. W. 11. Price, ono of our couuty com missioners slid an extensive wheat grower In this county for Inst twenty-nluo years, G ive ns his opinion today that our wheat id been Injured 90 per cent by the frees*. Home- began mowing their wheat today for feed. .A. 11. Moffett, president of Moffett Bros.” National bank, after loug auto trip, said wheat was more than half killed. The* writer has s half Interest In 470 acres, of which about 180 has turned white. Most of It bus beeu turning yesterday and to- * Robert Trlngle said: "There Is a good Inquiry today for our cash wheat and the nows is coming bullish from almost all di rections, ond with smnll holders pretty well out It should be bought now.” Winnipeg wlro to a Minneapolis house “Frost here again last night. If this weather continues we will certainly get a frozen crop about harvest time.’* Pringle, Fitch St Rankin said: “Russell traveling for Chicago house Is out with a report saying Kansas will have 75 per cent of a crop mid Oklahoma 60 per cent. This led to railing here. We don’t believe the report should Ik* given any weight.’ Receipts of wheat nt Winnipeg were 193 enrs. ugulust 90 cars the similar day lust 5 *Tlio Van Dusep.Harrington Company, of Minneapolis, wired the following: “Heavy frosts both North Dakota and South Da kota. Until totaled from Devils Lnko west.” Cable from Broointisll rends: “The cham ber of deputies of Franco has Just Intro duced a bill temporarily suspending the Im port duty on wheat. Another Brootnhall dis patch reads: ’The report of the minister of agriculture of Hungary on crop tions on June I is as follows: "The acreage shows a decrease of 10.8 tie and the crop Is Indicated nt 118.600,000 bush els. against the final out-turn last year of lS9.finn.noo bushels. The rye cron Is esti mated at 36.0on.000 bushels, against the filial figures last year of 51.400,000 bushels. The corn acreage has been Increased 715.000 acres.* The thunderstorms reported ye - tenlny In Itoumanln became general, and the rain has greatly benefited the spring crops." I EARLY NEWS BEARISH II WHEAT SOLO DOWN SELLING AGENTS NOTIFIED TO ADVANCE YARNS PRICES. The New York Commercial: In spite of the fact that the government cottou crop report was better than expected, selling agents handling cotton yarns In this market were Mot Med by their spinning mills to advance price* and higher quotation* are now In force on many count*. Prominent agents la the market hero now refute to accept orders at anything less than top prices quoted In the market, and the few. soft spots which were noticeable'at the he- ginning of Bte week have entirely disap peared. Prior to the Issuance of tbe government teport buyers from nil sections of the coun try using cotton vnru endeavored to get sellers to accept large orders. In some cases these buyers were successful and are now congratulating themselves on the fact that they have contracts at prices which • lower than those quoted today, At the present time knitters aro buying 1 t.ilrl^ freely of yarns, as they seem to | feel'that the report Issued by the govern J fjrent on the glowing cron will In* found later on to be high, and tlie crop In much ! poorer condition than the report ludlcnte*. Wearers are also actively engaged In plac ing orders for long distance deliveries and In several Instances Where orders were put through nt prevailing prices these buyers congratulated each other us they firmly be lieved that prices would be considerably higher later on. A buyer representing large weaving In terests stated that It was his firm belief that prices on eotton yarns today are low as compared with what they will be a little later on. lie stated that the reports which lie had received from confidential agents in the cotton growing belt were anything tint cheerful, and that there was no doubt In hi* mind that the eotton crop ts In nlwch poorer shape than anvbody not Jtctunlly In touch with the situation In the South real izes nt the present time. He further stated he would place all the orders for future delivery that he possibly could get accept ed at todav'* prices ss he believed that order* booked today an* orders well placed, CONVERTERS ARE AFTER SPOTS. Manv Inquiries were made yesterdnr In the print cloth market for wide spots .in 8rt by M and In tt bv 72s. from converters. • nd sUo from nearby ruttdrs. At Sc for M by 72s forward huvlng eonM be tt,M»kcd If mill* were willing to necept l». Narrow odds are selling nt a 4 13-16e basis for reg- ulnrs. printers r.re In need of g«n».l* and are not attempting to conceal the fact* After Selling Off a Full Cent Prices Recovered Sharply. Chicago, Juno 7.—Wheat was Irregular and unsettled. It closed with losses ot 14c for tbe day. Following a sharp _. vnnee about uoon. It pivoted around on Kansas statu condition report. A private report from there made the condition of wheat In that state 52.3 nml Indicated a crop of only 40,000.000 bushels. The average Kansas crop Is around 80,000,000 bushels. lent mr early a ere victorious. Corn closed 4c lower to %c higher; oats Jj5i34c lower, and provisions were unset- Week’s clearances from both roasts 5,263,000 bushels wheat aud 1,135,000 bushels corn, compared with 3.301,000 aud 573,000 bushels respectively n year ago.. CHICAGO GRAIN MARKET. _ J*jr are as follows, compared with yesterday’s close: Previous Opea. High. Low. Close. Close. WHEAT— July.... 964 Sept.... 9HT Dec.... 1004 CORN— July.... Hcpt % 98 9544 95% 97 i is& 98% 98% 99% 99% ’.... 544 ‘:r S $£ Dee,... OATS- J«ily.... Sent.... Sept.. 16.474 16-50 16.45 LAKD- July... 9.05 9.05 9.00 Sept... 9.23 9.25 9.17% RIBS— July... 8.75 8.75 8.75 Hcpt... 8.924 8.924 8.90 m LIVERPOOL GRAIN MARKET. Whest opened 4 higher nnd at 1:30 p. in. •4tf4 higher. Closed %<a% higher. CHICAGO CAR LOT8. The receipts of grain In ear lot* today nnd estimated receipts for tomorrow are a* follows: • Today. Totnor. Ifogs, bead.. 23000 1G0U0 THE METAL MARKET. •New York. June 7.—At the metal exchange today n decidedly 'easier tone was mani fested In cupper. The exports for the week were 3.080 tons. Tin wns down %o for spot nnd nearby deliveries. Lead uud spelter were unchanged. WEATHER IN COTTON BELT. Texas— Rrenham, clear and cool; Kan An tonio. Austiu. llouston aud Fort Worth, cloudy and warm; Waco, clear and pleas ant. Mississippi 'Hnzlehurst. Jackson. Lexing ton. Greenwood, Tupelo and Meridian, part- Iv cloudy and warm: Kosciusko, cloudy nnd p'lensunt; Duvaiit nml Ynxoo City, clear. Louisiana—I .tike Charles, Opelousas aud Alexandria, cloudy and warm. Alabama—Mobile. partly cloudy and warm; Huntsville, partly cloudy and cool. WEATHER FORECAST. Louisiana and East Texas (South)—Partly cloudy. Arkansas—Portly cloudy; probably ahow- era In north. Oklahoma nnd Indian Territory and East Texas tNorth)— Partly cloudy and cooler. West Texas (North and South)—Generally fair. WEATHER REPORT. WEATHER CONDITIONS. The weather Is becoming more or less un settled oyer most of the country, and rains hnve been general In the last 24 hours in the Missouri and tipper Mississippi valleys nnd the Itraky Mountain districts. Thun der storms occurred nt St. Louis, Kansas City jc greatest pressure Is over the south east, but there It Is Just about nofninl. The temperature changes have been small, but the general tendency has beeu to wanner nt most stations. COTTON REGION BULLETIN. meridian time, June 7, ling at , 1907. 8TAT10N8 ATLANTA DISTRICT. 'Atlanta, clear. . . . 'Chattanooga, cloudy. Columbus, clear. . . . Gainesville, clear. . . Greenville, clear. , Griffin, clear /•Macon, clear Montieello, clear. . . Newnnn, clear. . , . Rome, clear Spartanburg, clear. . Tallapoosa, cloudy... Toccoa. clear West Point, clear. . . Minimum I? the 12-boar pe- CENTRAL STATION. DISTRICT AVERAGES. Augusta. . Charleston. Galveston. Little Rod Memphis. . Mobile Montgomery, .f New Orleans.. Oklahoma. . . Savnunali. . . Vicksburg. . . Wllmhigt Temperature. Max.* Min." III ay T. I in..cates Inappreciable ralnfnlL •For yesterday, ••tor 24 hours ending • a. m.. (5th meridian time. Remarks. The tenipernture has risen over the west ern part of the section the past 24 hours, nnd bus fallen In the eastern parts. l*rnc- tbalJr no rain has fallen, traces being re ported from but three stations. J. U. MARBURY. oeetlou Director. ATLANTA MARKETS. FRUIT AND PRODUCE. egos—Active, l-em*-. LIVE I'OlT.TItV-IIens. nctlve, «2Hfil5o rnch; fall fryers, active, 40%45c each; duck*. Pekin, 30e each; puddle. 25c each; gese, full feathered, 40c each; turkeys, dull, 10c per pound. DRESSED POULTRY-Turkey*. undrawn, active 14© 15c pound; frlea, active, 25,q30c pound; lmn*, 14c pound. PRODUCE—laird, 12c pound; hams ac tive PJe pound: shoulder* active lO^lle nound: sides active Be pound: butter nctlvt 174** pound; beeswax active, 25c pmind; honey, blight, uetlve, 1 To pound: honey In 1-nound blocks, active. 10c pound. FBI'ITN— Lemons, fancy Messcnn. $1.5>fi 4.75: bananas per bunch, culls, active, $1.00; straights 34 cents per pound; pfneapole*, Florida stock. $2.754*3.25; oranges, t'allfor- nln stock, owing to size and condition on arrival, per box. S4Q4.&0. Florida hon ey peaches. $2.7.'>«3.59 per crate. Grape fruit, Florida stock, owing to sixe snj color, tier Ikjx, $5.00; ’.lines. Florida stock, per 100 $1.50; peanuts. In sacks averaging 100 pounds each, owing to grade, per poun<£ Whltg, L. H. Fairchild. Established 1885. S. J. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Members: New Orleans Cotton Exchange, New York Coffee Exchange. New York Cotton Exchange, New Orleans Board of Trade, New Orleans Stock Exchange. Chicago Board of Trade. LIVERPOOL COTTON ASSOCIATION. Private Wires to NEW YORK and CHICAGO. Orders solicited for future delta- * j on above Exchangee II. C. COTHRAX. HAYWARD, VICK & CLARK, COTTON. 8TOCKS, BONDS, COFFEE, GRAIN AND PROVISION*. Carondclet and Gravler St«, N«w OrUans. MEMBERS: New Orleans Future Brokers* Assertsttaa. Special to The Georgian. (From Hayward, Vick & Clark.) New York, June 7.*—Late London prices slightly Irregular. There are Mine b«d crop reports from Kansu thl. morolnf. Tbe H.rrtman ca« will l»e finally deemed on »t a cabinet meeting tod.y. nnd. tlie mar ket may be fererlah during tbe early trad- Ing. All depend* now on wbat la done at tbe cabinet meeting. Tbe market baa a fairly good undertone, and aome Inreatment buying-1. beginning to appear. Town Topic*: At tbe moment tbe Har- rlman matter la atlll of ntaaoat Importance, and wa doubt whether It will be cleared up for aome time. ConaMuently, wbenerer there I* any lack of good auppurt, the bear party may bo expected t« uae It to in* flneuce the liat. Confilcttng rumor, will again bo curreht today, but ft la well to re member that Union pacific and Southern Pacific are returning J per cent on present Quotations. Keep to tbe long aide of tbe stocks, but avoid the bulge* when buying. Buy on break* tbe Hill stock*. Amalgamated, Bt. Paul. Beading, Pennsylvania, Baltimore and Ohio, Atlantic Coast Line, I-oulsrllle aud Nashville aud Northwestern, and among tbe low-priced rail,, Miaaoorl, Kansu* and Texas, Bock Island. Texas, Denver and On- tarto and MV.tarn. We look for lower prlcei. In wheat, com * n On°any further bulge, take profits In Cot- toa and await a good reaction before buying °$ew York Financial Bureau: Beading die- plays a strong upward trend toward 115. The figoro of 125 fa predicted for Smelting. Union Pacific abouldbe bought for the pres ent only on recensions. Amalgamated held between 82 and 87, with Information favora- Die to purchase on reactions. A bull tip Is noted on Brooklyn Rapid Transit. Car Failurt in London Announced. Iaondon. June 7.-The failure of in old 64674c: dried "PPlta JCSKc 114c; prunes, 6674c; cat r*. Strawberries, 10c. Wntermeloi pe, ilia, VEGETABLES—Yellow squash. 81.0061.25; cabbage, crate. 2 cents per pound; toma toes, active. $3.50; potatoes, new. $4,006 4.50 per barrel; new potatoes, $1.40 green. $1.2561.50 crate; asparagus. 15620c nor bushel; onions I^>nislann, $2.00 per bushel; Egyptian 44c ' per pound: old Irish potatoes active $1.1501-20 bushel; cel* ery. fancy, $2.5003.25 crgte; peppers active, $2.50 crate; okra, alx baskets, small. $4.00; crate; lettuce, headed, active. $2.0003.00 per crate; kraut, half barrel. $3.75; beans, round green. 31.5002.00 crate; asparagus, 15020c 2-pound bunches; cucumbers, $1.5002.00 per crate; egg plant. $2.0002.60. GROCERIE8. RICE—Jap 5054c; bead 0®7o; fancy head 6407. according to the grade. CHEESE—Fancy full cream dairy 174c; $5c gallon; Georgia cane Sfic gallon; salt, 100-pound, 50c; axle grease $1.75; soda crack er* 64c pound; lemon 7c; oyster 7c; bar rel candy, per pound. 64c; mixed, per E >und, 54c; tomatoes, 2-pound. $1.90 case; pound, $2.25; navy beans. $2.40; Lima beans 6c; best matches, per gross, $1.66; macaroni, 0407c pound; sardines, mustard. $3.25 case; 1 'sUGAR^Standard grannlated. 64c; New YO CO k FF^R» , Ar». S 7i«: bulk I. bag, and barrel* 12c; green ll«12e. Shredded blaeult 15 case; No. 2 rolled oata 12.25 caw; tack grits, M-pound bags. tl.H; watar*. fn» weight. 12 case; light weight *1.10 cate: evaporated apple* 7Hc_ponnd; pepper 18c pound: baking powder 15 case; red salmon 25 caae; pink salmon 24.25 Mat; cocoa 4«e; ehocolato 23c; ami#'. 1-pound Jar*. 4Se; roast beef 22.50 cate; corned beef 22.5a caae; catsup 21.W Man; alrup, New Or- leant. 35c gallon; corn 30c gallon; Cuba potash. *3.2503.80 caae;.peanuts. 8c; rope, 4-ply cotton. Me; aoap, ttWW rate. PROVISIONS. PROVISIONS—Snpreme hams, 15e; bellies, 251125 pound* average. 9.824: fat backs, 81-4: Vimreme lard. 10.004; Purity eo m : nound, 8.75: California bams, 10c; dry suit extra ribs. 9.274. FLOUR AND GRAIN. FLOUR—Highest patent. 85.«: best pat- ent, 86.40; standard patent, 84.,5; h* 1 f p n t- nt 84.60; spring wbent patent it COHN—llo. 2 white, 79c; choice white, 81c; In the Early Session Prices of Stocks Showed Slight Irregularity. CHANGES WERE MIXED Majority Showing Fraction Advances—Became Re actionary Later. New York, June 7.—Tho rate* for both time and call loans remained unchange,! renewal* of standing demand loans being quoted at 2 per cent. Tbe large gold sbli' ! menta continued to make not the allghte.i | Impression upon foreign exebange . rate, demand aterllng reaching tbit morning a , new high level for tho aeaaon. In the early dMilnga tbe whole list wa« very Strong, and there were freah Indications ' which could not be mistaken that specu lative Interest In the market was broad.: enlng. Tbla waa shown alike In the in. crested number of Jssues dealt In and la tbe austalned activity of the epeelal favor ites of the trading. Stock, were freely •npplled, at uattnl In the advance, however, ami at midday the dealings had grown very dull, wltb prices generally down from the hl .(’ew l "York, June 7.—Tbe atock market opened Irregular, with tbe majority o( stocks, however, ebowlng moderate gains, wbleb. In the cute of Reading, Union Pa> cldc and 8tneltlng, extended to %- per cent. Amalgamated advanced 4 and Erie was 7i higher. Great Northern wa* down 11. After the first few minutes the market Decant dull and aomewhat reactionary. nln-lleela 785, Wolverine 150, Greene-Can*. ueu 14*., North Butte 82 caah. United Cop per 55. Market quiet but ateady. THE LONDON 8T0CK MARKET. BT0CK8— Op n|8pm|Clos ■ - ***^’ s.s> * l OAT8—No. 2 white, 5«e: No. 2 mixed, 69c; Golden ont*. 69c; white clipped. «le. JIEAI^Plaln, per 96-pound aaeka, 74c; 48 pound sacks. 76c; plain, 20-pound tacks, 77c; “VlAY-Timothr. choice large hale*. *1.40; do. eholoe small bales, $1.35; No. 1, one- third bale*. $1.85: So. 2. one-third bales, $1.25; choice prairie, $1.00; Reraiiula, $1.10. HIIOHTH—Choice white $1.60, Texaa white $1.35. fancy $1.43, brown (80 to 100 youuds) $1.40. Brua $1.35. FISH. FISH—Bream 7c pound; snipper 10c pound; trout 8c pound; blue fish 7c pound; ramps no 25c pound: mackerel 124c pound; mixed fish 5c pound; fresh water trout *c \naronda Atchison Baltimore nnd Ohio .. .. M . Chesapeake and Ohio Chicago and Great Western. Canadian Pacific .. .. .. • Erie do, preferred Illinois Central .. . Kautum nnd Texas .. .. .. • Louisville and Nashville Norfolk nnd Western New York Central Northern Pacific Pennsylvania Philadelphia and Reading .. Kook Island Southern Pacific St. Paul Union Pacific .. .. United States Steel do, preferred 1124 2»*u:. iii" 12*3 13274'1344 3274 337, THE COFFEE MARKET. Havre, 10 a. m.-Mnrket quiet: 12 noon, declined 4 franc; Mica. 24,006; arrivals, ill kinds, during week, 68,009; Brasilian. 58.000; deliveries, 44,000; stocks, 2,606,000; Brazilian. 2.115,000. Totul quantities discharging, 283,- 000: Brasilian. 2OT.000. llnmbnrg, 10 a. m.—Market unchanged to 4 pfennig decline; sales. 27,000. Rio receipts, 7,000: shipments to ^United Stiftes 8.000. Europe 1,000; stock, 915,000; the m Santos*recclpts, 39,000; stock, 2,371,000; the market Is steady. Sno Pntilo receipt* 37,700. Jundlnhy receipts, 33,000. Opening Raoc*. 5.40-5.43 5.45-5.60 6.45-5.50 January February March .. April .. May .. . June .. . ..5.55 5.45 August September 5’j® ’ Octol»er NovemlH*r /.5.W5.40 December .. • • •-6-40-5.45 Closed steady. Sales 30*250 bags. Close. 5.40- 5.15 5.405.45 6.45- 5,50 5.45- 6.50 6,50-5 J5 6.536.01 5.40- 5.43 6.35- 6.f> 6.35- 5.40 6.35 5.4) 6.356.40 6.40 3.(5 COTTON SEEP OIL. Following is given the opening nnd closing of the New York cotton sed oil market: Opening. Clotjag. June < July Hoptember, » • • • October. ...... Noveml>cr December Closed steady. Following ore the cotton seed oil sales ter the opening nnd 1:45 p. m. call: 200 July at 49. 1,000 October nt 55‘i. Second call: 4M Julv at 5S*4. 300 October nt 54V4. 100 October nt &4%. 200 November at 46H- Total sales, 3,500. 4614^(64 4340(3% THE AMERICAN AUDIT COMPANY Homo Office, 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A., President. C. E. Manv.arina. Vice Prcaldont, Thao. Cocheu, Jr. C. P. A., See. and Treat. BRANCHES NEW YORK—Waldorf-Aatorla. BOSTON—Exchange Building. WASHINOTON—Colorado Building. NEW ORLEANS—Henncn Building. BALTIMORE—Fidelity Building. LONDON, ENOLAND- AT_ANTA BRANCH 1015-18 C. B. BID WELL, T.lephone, Main 872. ATLANTA—Fourth Nat’l Bank Bldg. CHICAGO—Marquetta Building. PHILADELT-'TIA—BollCYue-Stratford. SAN FRANCISCO—Belden BuUdlng. 4 King Street. Chcapalda. Fourth National Bank Building. Resident Manager. Cabl. Address, Amdlt, N. V. FRANK HAWKINS, President II SI. ATKINSON. Vlc.-ITMtd.nt. THOMAS C. ERWIN, Caahl.r. JOSEPH A. M'UORD, Vlm-Prcaldent It W. BYERS, Assistant Caabltr. Third National Bank Capita! - - - - $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CALHOUN. MILTON DARGAN. JOHN W. GRANT. II Y. M’COltD. FRANK HAWKINS. H. M. ATKINSON. JOSEPH A. M’CORD, J. CAl _ E. B. ROSSER, DAVID WOODWARD. Ken Orleans Cotton Exchange. New York Cottou Kxcbaago. Galveston Cotton Exchange., llouston Cotton Exchange. ■ .vrn urinDi r murr uroapri amuhiiom, I Sew Orleans and Chicago Boards of Trade I Now York Coffsf Exchange. I Associate MemNfrs Liverpool Cottas Ass n New York and Chicago Correapondenta. JL t. BACHE A CO., AND BARTLETT, FRAZIER A CARRINQTM. PRIVATE WIRES TO ALL POlNTSt ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS £xupire Building. Bell Phone, Mala 85k ATLANTA. GEORGIA,