Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.
TUESDAY, JUNK 11, 1907.
ENGLISH CABLES
AGAIN VERY WEAK
Both Spots and Futures
Show Sharp Losses at
the Close.
SPOTS WERE WEAKEST
X, Y. Responded With a
Decline but Developed
Strength Later.
ilertnnc at the out.ot was Quito
,truly, unit prices wete 8 point, lower to
l higher. Later the now crop months worn
I,Id op sharply by, local aborts In competi
tion with the public through commission
bouses.
Llrerpool was again lower than expected
Tnesdar morning, the favorable weather of
the past few days being the depressing In
fluence on futures. The close was quiet 4)4
to <4 (mints lower than Monday's Duals.
Oueo.
,...8.87
(.81
Low.
6.3$
6.79
re
8.42)4
Jnnuary-February
Ju IxUujniit' ’•• |»
ootober-November ...6.15
The spot market was decidedly weak, the
price of middling being marked down 25
llnrllsh points, about txc Amerlean money,
due. It IS said, to the action of the July
option In New York. Sales were light at
4.90U bale,.
New Yor .
to 3 points hlaher,
NEWS AND GOSSIP
of tho Fleecy Staple.
vwrnnn.
V „ 'V 01 ! 1 Hayward. Vick & Clark.)
t ££Lii OI £l H—j- Sn Borhe & Co.:
was due ti to 1 lower on near
JSS. -ty * lower on ilUtuut positions.
Opened quiet 4 points decline. At 12.15 p.
P'ld'uet net 5 to ti lower on near and 6 to
I lower on distant. Spot, dull 25 (mints
lower; middling, 7.22; sales «.«». American
fi'SSt •Pfeulatlou and export, 400; Imports
1SJW0 bales, lacludlug 13,000 American.
, *’; ,r receipts estimated at 4,000 against
d,iw iniit year.
«A*5 V0 ? We weekly weather report !■ ex
pected at noon today.
Urerpool follows our declining tendency
and coinca Iteloar parity. Favorahle weath
er reporti. coupled with the action of July
option, routed liquidation by timid holders
and room traders. We believe a little
shakedown la good for the market and n
set-hack of 30 to 40 points will only give a
to atart n new advance upou. The
condition of a delayed crop with bad sur
roundings otill exists. and tbla fact will
work In turn for a prom
later on.
Not much business nt the ..
bought July, Carpenter sold. 'Market firmer
now on strength In New Orleans. Crowd
acts na though they were short.
»•* advise purchases of cotton. Too many
eople watting to get In, nud this reaction
the opportunity.
Heavy selling on good weather map and
absence of buying power. Looks lower be
fore can get a substantial rally.
Price la out with a circular. In which he
igurea the coming crop at 9,993,000 bales.
Following are u
turn for a pronounced advance
Following are
bid.: ' July 11.93.
New York, after opening S points lower
* turned strong and at
iTljr better
„„ _ ' I* - r „ r .
than at the closing on Tuesday, due malily
to the lasunuco of n circular by a prominent
bull. In which he states the coming crop
will he slightly under 10,000.00p bales.
Strength In New Orleans was alio a factor.
The cloae was steady net 1 point low
er to 7 points higher.
Comparative receipts at all United
States ports:
Net receipts Tuesday .. .. •• 4,487
Same day last year 6,169
Decrease 682
Total receipts for three days 13,298
Same days last year 14,464
Decrease 1,166
Total receipts since Sept. 1.. 9,686,307
Same time last year 7,666,572
Increase 2,118,635
Intimated receipts Wednesday:
1907. 1906.
New Orleans 1,000 to 1,600 746
Galveston 1,000 to 1,(00 1.127
Houston 400 to 600 1,234
Movement at Atlanta:
Receipts Tuesday, .Time 11.
£nme day last year
Decrease
New Orleans, Juue 11.—Hayward, Vick
Clark: Wentlp>r conditions (luting the past
24 hours were again favorable. There was
a local rnlti storm In the Fort Worth dis
trict and n storm I
Unas, causing rain
jrery Hi ‘
Is parti,
la needed.
A Liverpool cable anya: "We think the
bottom has been reached for the present
unless the foreign markets show greater
weakness here. The market Is depressed
In consequence of a bear movement In fu
tures, and when that ends we nutlelpnte a
reaction and letter price for spot cotton."
Weather forecast for the entire belt very
good: also for Wednesday. Think it will
prove too much for market.
Edited by
Joseph B. Lively
MARKETS
Mr, Lively's twenty-five
years' experience of ed
iting markets In Atlanta
and the South has made
him a recognized au
thority Id bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAMW OF STOUK.
Amnlg
Atlnut
Amerii
AlMconmi
American Locomotive.
do. preferred . .
Am. Smelting Ref.
uu. I'lnvimi . . .,
Aincrlcnu Cotton OIL .
Am. Car Foundry ,
Baltimore A Ohio ,
Chesapeake 8t Ohio *_
Colorado Fuel A Iron*
Central Leather ... *
do. preferred
Krle
i Securities.
General Electric . . •
Illinois Central . . . .
Am. Ice Seem,ties . .
Louisville A Nashrllle.
Mexican Central , . .
Missouri Pacific . . .
St
*8*
M
16714
°,0
>3%
57
5*4
104
a*
o
92%
314
544
HR
143%
35%
§3
• 90
. 10%
128
l«74r
644
0
NAME OF STOCK.
Ratfa
Oat. 4b W. . . .
’atlonal toad
Northern Pacific. . • .
Now York Central. • .
Norfolk A Western. . .
Pennsylvania
People's Gas
Pressed Steel Car. . .
do. preferred. • •..
Pacific Mall. ......
publfif u_ r __
Bock Island
do. preferred. . . .
United States Rubber,
do. preferred. . • .
do. preferred
Blosa-ShefiTleld.
Teun. Coal A Iron
Texas A Pacific. .....
Uulon Pacific
Uplted States Steel. . ,
do. preferred. . . . . ,
Vs.-Car. Chemical
do. preferred
Western Union
Wabash
do. preferred
33
%
Total stock sales 632.900 shares.
113 1114 112
4 124'
fi Hi
&
22)4 23)4 23)4
TIPS FLASHED
From Wall Street
Special to The* Georgian.
(From Hayward, Vie!
New York. June 11.—J. S. Bacbo A Co.:
London market mixed.
The market sold ofT on rumors of some
thing .infnvornblc coming to light and prof
it-taking by the room crowd. The news Is
out this morning of the * ‘ '
turn! Steel Company, w.._
Island. A receiver will he appointed this
horning, and business will lie continued.
The crop report analysis Is not so unfa
~ “ Indicated, and a surplus export
•d.
— -—- .«arket may react a little fur
ther, hut stocka are a purchase, and will
sell much higher In the near future.
Market purely profeaslonal, with no fea
'** — —a »*— * L (Too*
Karly London mixed.
NEW YORK.
fin me day last year..
Increase
Stock on hind Tuesday, Juue 11
Same day last yatt........
Increase
. 282
. 76
. 207
. 4,996
. 8.102
. 1,894
8P0T COTTON MARKET.
•rpool, dull; middling uplands 7.22.
intn, steady: middling 13c.
New York, steady; middling 13.SS.
13c.
New Orleans, quiet and steady; middling
c.
Augusts, steady: middling 13'
iicoiu , iuiuuiiui wn.
nab, nominal: middling 12%.
Memphis, steady: middling 124.
Daimnore, nominal: mlddlHg 13%.
Gnlveaton, firm; middling # 1-16.
Charleston, nominal.
Wilmington, nominal.
Norfolk, firm; middling 11%.
St. IjoUIs, steady; mldt!*ing 12%.
New Orleans. . .
Gnlveaton. . . .
Mobile
Savannah
Charleston. . .
Wilmington. • .
Norfolk
Boston. . . . ,
Philadelphia. . •
Various.
Total
INtERiflR RECEIPTS.
Memphis
fit. Louis
Cincinnati. . . .
3
s
HAYWARD, VIOK A CLARK’S
DAILY COTTON LETTER.
New Orlenir-, June 11.—With the most
vulnerable long Interest eliminated yester
day. the markets today presented a more
serried nnnf-nranee, a* Interests which have
taken hold of tho long aide on the general
prosnecta for next season are not affect
«-d by the first favorable change In the
crop, it will require bear, selling or con
tinued favorahle weather to cause another
break of consequence. In the meantime,
the markets lack the support of speculation
by the outside public. Opening a little
higher, trading here was quieter and around
Inst night's closing figures. Weather con
ditions during the past twenty-four hours
were generally good. There was a local
WHEAT AND FLOUR EXPORTS
SHOW A HEALTHY INCREASE,
Washington. June 11.—Wheat exports In
the ten months ending with April a;
a ted about 66,000,000 bushels, against 3JL.
1 In the same months of the year 1906, and
4.000,000 In the same months of 1906, while
flour exports also show an Increase, though
not so strongly marked. For the full fiscal
yenr which ends with June the exports of
wheat. Including flonr In terms of wheat,
will probably aggregate nbont 140.000,000
bushels against 98.000.noo In the flscnl yenr
1900 and 44,000,000 in 1905. These figures, ta
ken from the export returns of the bureau
of statistics of the department of commerce
and labor, suggest that the ability of the
United States to contribute to the breadstuff
supply of the other parts of the world
still considerable In years of normal cro^
notwithstanding the growth of the consum
Ing population and the drift of population
from the agricultural area to the uinuu
factoring centers.
This recent Increase In exports of wheat
Is thu natural nenuenee of the large crop of
1906, which was the second largest ever pro-
duced In the United States. The total ex
ports of wheat from me United States, In
cluding flour In terms of wheat, were. In
the flscnl year 1902. 234,000,000 bushels: In
1903. 203.000.000 bushels: In 1904, 121,000.000
bushels, and In 1906 only 44.MO.OOO bushels.
The wheat exporting power of the United
States was then thought by many to be
" ” “ ““ big
r «
Thus It appears that the United States
has regained in part atl east Its position on
one of the Important wheat exporting coun
tries In the world. Nevertheless the wheat
surplus of the United States Is not so
large as It * —
questionable
ever export
as It has exported in the past. The pot
exported fell below 20 for the first time In
the fiscal year 1904. when It was 18.92 per
cent. In 1906 It was 7.98 per cent and In
1906 14.09 per cent. Estimating the exports
during the current year at 140.000,000 hush-
61s, It will again constitute about 19 per
ceut of the past year's crop,
bAll storm In the Brenham, Tex., district,
and some scattered light showers In tho
Southern states enused by cooler weather,
otherwise partly cloudy to fair prevailed.
Indications favor partly cloudy to fair
weather gsnerally today and tomorrow
There aro no developmenta of specific na
tare. Reports from the Interior that rain
needed to bring up tho late planted,
complaints already of high tempera
tures and dry wlnda doing damage, caused
futures to Improve a little. Octol»er work
ing back to 12.21. Considering the benefit of
B esetit wenth# conditions, the crop In the
eater portion of the belt, similar com
plaints appear premature and should he
taken with reserve. The weekly govern
ment weather report gave a favorable nc
count for the week, except for Tennessee.
Futures eased a little on It. On the whole,
t looks like indifferent markets for a while,
with smaller fluctuation* until weather of
definite character baa lasted long enough
to affect the crop outlook. The next dc-
Halve danger la expected from drought
rather than wet •pells.
New York, June 11.—J. S. Bnche A Co.
The cotton market broke down this mom
ng on weakness In Liverpool and realising
jere. New Orleans longs were nervous
and sold on the lu\»roved weather outlook,
hut New York commission houses bought on
the earlv declines and later, and when a
dieting n crop around 10.000.000 the market
horame hard and advanced on excellent
ring. There wna too much of a dlsnusb
n on the part of pold-put bulla to take
cotton on every alight decline for futures
■tay long at the lower level*, and there
was*" lot of buying orders •Hghtlirjinder
quotations. TI
tl tines a l>i
iiiiuons -he situation stin con-
inure n ..nil one. In spite ef mntlnued
nood weather. The resistance of the market
SY Situ" and while thla la.ta It l« not
safe to bear cotton.
Let lls Finance Your Enterprises
We are prepared to handle Stocks and
Bonds on the following industries:
Southern Mills,
Telephones,
Municipalities,
Electric Lights,
Manufacturing Enterprises,
Steam and Electric Railways, Etc., Etc., Etc.
We loan money on City, Perm and Out-of-Town Property. We
buy Vendor Liens and Purchase Money Note,; «I,o buy and »ell
various enterprises, especially the cl,„ enumerated ebove.
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.
JlHlL
Jniy
£$:
fi;*-..*:::
Dec.'*. * !
Jan. . . .
March.
4HIT., , , . H.*.i
A«*. . . .{U0
11.75
JlUltUi / #5*.
Closed steady.
■ lUEff
12.01 12.01-02 12.00-01
11.66 11.70 11.76-77
11.56 11.70 11.70-71
11.71 11.85 11.86-86
iUl ii!*2 1L82 ‘
11.9011.92 11.92-98
11.91 11.96 12.01 -02
uFSf
11.76-76
■ 11.66*67
86 11.78-79
■ 11.77-79
11.78-79
11.M-R9
11.97-99
LIVERPOOL.
The follow)!:, fleurea stro the openln,
nn,e end riot*, corapnrcu with yoitordnji
Futures opened firm.
Opening Prerloia
. Ilonge. I p. m. Close. Close.
June 6.81 .6.80 6.82 6.80(4 6.85
June-July... 6.72 -6.74 6.69)4 6.75
July-Attgust. 6.69 -6.66 .... 6.67 6.72)4
Nov.-Dec.... 6.42 -6.39
Dee.-Jnn.... G.40 -6.37
Jnn.-Fcb.... 6.37 -6.35V
Feb.-SInr.... 6.37 -6.38
3Ior.-April.. 6.37)4-6.39
Closed quiet.
6.394 6.46
6.874 0 44
6. S6 6.42
6.56 6.42
6.364 6.424
NEW ORLEANS.
turea In New Orleans today:
The following la the range In cotton fn
June..
July.. .
Aug.. .
fi'cpt.i .
Oct. . .
Nov.. .
Dec. . .
Jan. . .
March. ■
' (,'loaed
■MS
12.21
steady.
12.16
12.12jl2.23jl2.12l 12.32]
ii $ a
iiiy too"
13.Q213.02 13.03-06
12.69 12.76-77 12.69-71
12.80 12.70-73 12.60-69
12.23 12.32-23 12.12-18
12.16-171104-06
12.16 12.16-17 12.06-07
lliq 13.16-17 11064)6
11221
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS—Active. 17@17)4e.
LIVE POULTRY—Heue, ertlve. 4!(4««o
escli; ducks. Pekin, 30c ench; puddle, 26c
ench: turkeys, dull. ‘ 10c per (inuud.
DUESSED VOULTRY—Tqrkeyt. undrewn,
sctlve, 15017c pound: fries, active, SQ30c
pound; hens. 14c pound.
PRODUCE—Igird, 12c pound; bnm, nc-
tlvo 16c pound: shouldcre nctlvo lOSUe
pound; sides nctlvc, lc pound; buter dull,
loeUPAc pound; beeswni scllvc, 28c ponnd;
bouev, bright, active, 10c pound; boney In
f-pound blocks, nctlvc. 12)4c ponnd.
FRUITS'—lemons, fnney ilcssent, I4.50G
4.75; bunnnns per bunch, culls, nctlve, 11.00;
ttrnlghts 3)4 cents per (wund: pineapples,
Florida stock. »2.754)3.25; oranges, Califor
nia atock. owing to slsc and condition
on arrival, per bog. 314(4.50. Florida boo*
cy peachea. $2.77>tt3.B1 per crate. Grape
fruit, Florida atock. owing to also nn(
color, per I out, 35.00; limes, Florida atock,
per 100 31.50; pesniito. la aacka averaging
ICO pounds cncb. owing to grade, per pound:
IH«7)4c: dried npplea. 7«SHc; dried
eacbes, 1114c; prune*, 64»714c: cantaloupe,
1.00 crate. Strawberries, 10c. Watermelons,
! VEg"eT ARLES—Y el low squash, Sl.OOei.SS;
cabbage, crate. 2 cents (icr ponnd; toma
toes, active, 33.60; potatoes, new, 34,00®
4.50 per barrel; new 1 potatoes, 31.40
green, 31.2561.60 crate; nspnrngua, 15®20c
bushel; oulous Lotilslnna, 32. lin —
old
Irish potatoes' nctlre 31.15^1.20 bushel; cel
ery. fancy. 32.50®3 25 crate; pepper* nctl«,
32.60 crate; okra, nl* basket*, amall. 34.00;
crate; lettuce, headed, active. 32.00C3.00 per
crate; kraut, half barrel. 33.75; bean*, round
green, 31.60 crate: asparagus. 16CJV per
2-Dound bunches; cucumbers, 31.50C3.00 per
crate; egg
RICE—Jap 6R5Hc; head 4®7c; fancy head
3(467. according to tbc grade.
CTIEE8E—Fancy full cream, 16 cent*;
Georgia enne syrup, 89 cents gallon: nalt,
100-pound, 50c: axle greaae 31.75; eoda crock-
era 6'4c ponnd; lemon To: oyeter 7c; bar
rel candy, per pound. 614c: miked, per
pound, 6He: tomatoee, 3.pound, 32.00 caee;
(-pound. 32.25: navy I mans, 32.10: Lima beans
6c; heat mstebea, ner gross. 31.SS; macaroni,
6)sC7c pound; sanllnes, mustard, 33.25 case.
llUGAK—Standard granulated. t)(c; New
-■ re lined, 4Ke; plantation. 5c.
iFFEE—Roasted Arhuekles 113;
FAVORABLE WfATHFfi
STARTEO WHEAT LOWER
General Rush to Sell at the
Opening—Prices De
clined Rapidly.
WEATHER REPORT.
WEATHER CONDITIONS.
Clotidv weather prevail* In the Rocky
Mountain district ami over a atrip of conn'
try extendlug from Louisiana northeast Into
New York, and ralu waa falling at Wrn
Ingham, Norfolk, Washington, Plttahuri
8t. Paul, Hpoknne and flan Francisco. Ral
has fallen In the last 24 hours on the At
Inn tic const from Charleston to Norfolk
and nt scattered stations In tho Interior.
Tho pressure la rather unevenly dis
tributed and Is nowhere much above the
normal (30.00 Inches).
The center of lowest pressure, 29.86 Inches,
le nt Portland, Ore., with a *ccond low, 29.66
Inches, at Ht. Paul.
There In a amall area of relatively high
Chicago, June 11.—The bears today
made a raid on the Chicago wheat pit
and In almost lees time than It takes to
tell It prices were tumbled In the direc
tion of the floor. James A. Patten, who
has made a fortune on the bull side of
the market, appeared on the floor as a
bear today with the prediction that
wheat will break from 6 to 8c a bushel
within a short time. The trouble came
from the government crop report yes
terday, which shows that the crops will
be much better than any of the traders
had'hoped for. That report knocked
the bottom out of the price barrel.
York
bulk In
COFFBR—l — . —
urs and barrels'12c; green llfH2c,
Shredded biscuit S5 case; No. 2 rolled oats
33.25 caws: mirk rjn BApouoJ bag*. 31.85.
ovitnra. full weight. 33 raae: light weight
31,10 raae; pepper, 18c Ih.; baking powder 35
raaa: red aalinon, 35 raae; pink oaimnn, 31.25
raae: roroa, 40c; rhoeolate, 33; annlf, 1-lb.
]ara, 49c; ro**t beef. 32.50 caw: corned beef,
12.60 caae; entaup, 31.90 rate; alrun, New Gr
een*, 35c gallon: corn 30c gallon; Cub*
notaaK 33.2Hf3.30 raae; peanut*. 3c;
l-ply cotton. 13c: wap, M.M®4 c*»fc
PROVISIONS,
PROVI3IONR—Supreme hauii, 15o; Imlllra,
204125 pound# average, O.I2V4: fat barki,
3.97)4: Eupreme lard. 10)4: Purity com-
in,mill, 8.11: rallforula bauia, 10c; dry oalt
extra riba, 9.36.
FLOUR AND GRAIN.
Ff-OCR—lllgheat potent. 35.»: bet pat.
eat, 35.40; atandard patent, 34.75; half pat-
cb^N-Lfo ,r 2 white. St: choke 1 w?ite. «cj
white fceil. 78c: No. 2 yellow. 78c; mixed,
’ — — I, 74c; bull* 111
toiind aacka 30c;
Ictor feed, 31.33;
OAT8-Nb.’t"whlte, •Ocj No. 2 mixed, 59c;
Golden oat*. 39c; white clipped, fie.
MEAly—Plain, pet 9C-pound aacka, 74c; 43
pouad aacka, 73c; plain, 20-pouud aacka, 77c;
*7iS^’rtmothy. choice large balca. |(.60;
do choice small Imles, |1.46; No. 1, one-
third bales, $1.40: No. 2, one-third bales,
$1.25; choice prelrle, 91.00; Bermuda, $1.10.
SHOUTS—Choice white $1.60, Texas white
1.35, fsney tl.fi. brown (80 to 100 pounds)
1.40. Rrsn $1.35.
"fish.
FISH—Bream 7c pound; snapper 10c
pound: trout 8c pound; blue fish 7c ponnd;
tomnsno 26c pound: mackerel i2%c pound;
nixed fish 6c pound; fresh water trout 9c
SELLING FEVER SPREAD
ON THE BETTER WEATHER.
Orleans, June 11.—ct
of Liverpool's unfavorable i
slont closed the selling fever spread and
operators went short ou the
or better weather than Sunday
bad promised. Kuperdclally th«.«
some logic In the day's price tendency, but
mslcally there probably was uone. The
Tlmes-Deuiocrnt cottou belt correspondents
agreed that the acreage had been reduced
under that of last year, nud that the con
dition of the crop fs very poor, under the
clr3*uno>tance«. a few days of favorahle
weatlrer following; t*o months of excessive
moisture can not have helped the situa
tion sufficiently to warrant anything ap
proaching real optimistic crop opinions.-
Hayward, Vick 2c Clark.
THE LIVE STOCK MARKET.
Chicago, Juue 11.—Hog*—Receipt* 20,000.
Market slow and unchanged; light 16.100
6.10; mixed $6.10f?6.IO; heavy $6.1066.26;
BMPspa
Cattle—Receipts 5.0fr>. . Market steady;
beeves $4.&W6.50; cows $1.76fH7l: heifers
ItldOfi.YW: os Ires $6.60^7.60; good prime
Steers $5.56717.50; poor to nimllunt $4.5005.50;
stiM-k"rs nail feeders $3ff5.2n.
She-'p—Receipts 15/00. Mnvket weak; ba
te $4.2509.76: western I4.2HM79; year
lings $6.fX|7; lambs $6,250 S.2S; western 96.29
CHICAGO GRAIN MARKET.
Chicago grain and provision quotations
for today ore oa follows, compared with
yesterday's close:
Previous
Open. High. Low. Close. Close.
WHEAT—
Dec.... 99% 99% 97% 97% 99%
CORN—
July.... 63%
Sept.,.. 53%
Dec.... 61%
OATS—
July .. 43%
Sept.... 37
PORK-
July.. 1C. 15
Sent.. 16.30
LARD—
July... 8.87%
Sent... 9.06
RIBS—
July... 8.70
Sept... 8.87%
62% 63
BOH
53)4
^ Si ^ «
1.20 16.00 16.00 16.22%
1.36 16.15 16.15 16.37%
8.90
9.07%
m
LIVERPOOL GRAIN MARKET.
Wheat opened %0% lower and at 1:10
i. ui. % lower. C losed 1% lower.
Corn oiiened % lower and at 1:30 p. n
®wer. Closed %©% lower.
BRAD8TREET GRAIN.
IRTaL Ucv 4 rnll 4,tfvu,vw Iitiau' in,
Incrensed 662,000 bushels; oats, decreased
427,000 buabols.
THE METAL MARKET.
New York, June 1L—The metal markets
..ere quiet without nny particular clinugo
of Importance lu prices.
Copper, lead hnd spelter unchanged, while
tin was strong for spot and near-by dollv-
CHICAGO CAR LOT8.
• for tomorrow are as
Wheat
Corn
Oats
Hogs, bead.<
NAVAL 8TORE8.
Special to The Georgian.
Savannah. June 1L—Turpentine firm at
,fc57; sales 690; receipts 1,040.
;o*1n firm; sales 2,708; receipts 2,685:
window glass $6.10: wster white $6.06; M
36: N 33.60; K 36.5ft; I «S: H 34.80®4.8fi; G
4 7MJ4.S>: fc- 34.70®4.75; l! 34.55; 15 rt bs®
30; C B 3404.05.
cal thunder storms.
The weather for this section will be gen
erally partly cloudy tonight and Wednes
day, with probably local thunder showers;
no decided change In temperature,
COTTON REGION BULLETIN.
meridian time, June
udlng at
11, 1907,
'Atlanta, cloudy. . . .
'Chattanooga, p. cl’dy
Columbus, p. "loudy..
Gainesville, cloudy. .
Greenville, clear. . . .
Griffin, cloudy. . . ,
•Mucon. p. cloudy....
Montlcello. dear. . ,
Newnnn. clear. . . . ,
Rome, cloudy. . . , ,
Spartanburg, clear. . .
Tallapoosa, cloudy. . ,
Toecoa, clear
West Point, cloudy.
Minimum temperature
-.Minimum lempsrature for ’ht
rlod ending 8 a. m. this date.
HEAVY "RAINFALL.
I.umbcrton, N. C
Dallas, Texas
he ii-bour pa-
CENTRAL
8TATION.
Atlanta. . . .
Augusta. . . .
Charleston. . .
Galveston. . .
Little Rock. .
Memphis. . . .
Mobile
Montgomery. .
New Orleans..
Oklahoma. . .
Savannah. . .
Vicksburg. . .
Wilmington
DISTRICT AVERAGES.
j|
T. Indicates Ina ppifyaigir'ganbar w
yesterday. "For 24 hours ending 9 a. in.,
76th meridian time.
Remarks.
Higher temperatures are reported from
Galveston. Tex.. Oklahoma, Vicksburg.
Wilmington, and stationary or slightly |i
WEATHER IN COTTON BELT.
Texse—Waco, Taylor. Rrenham and Hous
ton, dear and hot; Temple, partly cloudy;
San Antonio, cloudy and hot; Bonham,
heavv wind and hall storm last night; Fort
Worth, cloudy and pleasant, bard, soaking
rain last night; Dallas, clear, bard rain last
D fi I sslsslppl—Greenville, dear and fine,
showers early; Matches and Vicksburg,
cloudy aud hot; Haslehurat and Greenwood,
cloudy and warm; Lexlnglon. clear, hard
rain this morning; Kosduko, hard rain
since 5 a. tn.; Jackson, cloudy and threat
ening. cool rain yesterday; Amory and
Tupelo, raining; Meridian, cloudy
Me expect to see the market react .
point or so further, hut In such event we
1 stocks, at least for a turn,
dltlons arc Improving. Gov-
. report Is no bearish argu
ment on stocks and the reduced demand of
1 nrls for gold would seem to indicate that
the turning point in the foreign situation Is
near at hand. A moderate reduction In the
cotton crop woulil lie no l»enr point on
Louisville and Nashville, Atlantic Const
Line, Illinois Central, Kansas City ftnutli
cm, Missouri, Kansas and Texas, etc., ot
on the market is a whole, and the atocks
named, together with the Hill, Ilnrrltunii,
Hteela and Copper Issues. 8t. rani, Atch
ison. Uennsylvanla. Baltimore and Ohio,
or for the long pul
Ru.v cotton on weak spots, hut do not
trade without due regard to weather fore
casts.
Huy wheat only on declines of 3c or so
from Monday's close.
GOVERNMENT WEEKLY
REPORT ON WEATHER.
Alabama—The week opened fair and cool,
but temperatures rose steadily, and on the
last days was alNive normal. Mean temper
ature was nearly normal.' ikSifali was con
fined to the middle, southeastern and south
western comities, aud all occurred on the
6th. In localities, It waa heavy and was
accompanied by hall. Sunshine waa abun
dant.
Arkansas-Teiupcrature was seasonable In
the uortheru portion, hut above normal
lu southern portion. No rainfall In most
of tho eastern counties, aud* elsewhere
ralufall was light aud generally below nor
mal. Warm suusbiue abundant. It was
the most luvorabie of thu season for out
door work.
Louisiana—Karly purl of the week was
light showers lu tliq northern portion ou
the 4th and 6th. Hky was generally cloor,
sunshine being shovo uormal.
Mississippi—First tbreo days were partly
cloudy, with light scattered shmvers ex
cept lu Issaquena, Sharkey and Yaxoo
counties, whore heavy rainfall occurred.
Lust four days w*ero clear and warui.
Menu temperature was slightly ubovu nor
mal and sunshine was abundant.
Florida—Forepart ot the week was cooler
than the average, hut was followed by
warm weather, except In the western por
tion. where cool weather continued. Gen
erally dry weather prevailed except ou
Tburadny, when scattered showers occurred
lu tbc western aud extreme northern dis
trict!. Sunshine was above uormul.
Georgia—First three days were abnormally
cool; temperature being especially low nt
night, but was unseasonably high during the
latter half of tho week, the moan being
ers occurred along the eastern *
borders, but elsewhere there was very little
rain.
South Carolina—First of the week was
cool; latter jmrt was warm. Scattered
showers occurred on 6th, 8th nud 9th. Thera
was much cloudiness, but large areas re
ceived no ralu, and the average sunshine
was nearly normal. *
Temperature and pro-
below normal.
STOCKS SOLO OFF
ON PROFIT TAKING
Rumored Something Unfa
vorable Is Hanging Over
the Market. ,
MARKETFEATURELESS
Some Selling on Failure of
the Miiliken Steel ,
Works.
New York, June 11.—This morning's
market showed at once the lack of any
definite Impulse, either from without or
from within the stock exchange. The
Anal Judgment regarding the govern
ment wheat report was that It was
more favorable than had been expected
and that It should be properly rated as
an encouraging development for the
flnancla! situation. Wheat options broke
heavily again this morning, the fall be
ing aaslsted by accounts of improved
conditions In foreign harvests. But In
the stock market little happened to af
ford a cue to the active trading ele
ment, and the opinions of this class of
speculators were very much mixed.
Prices opened about where they left off
last night, following a featureless mar
ket for American stocks In London.
The movement from then on was ex
tremely Irregular and for the most part
the trndlng was very dull. But shortly
before midday the special strength of
Reading begun to attract attention and
on rumors that the dividend would be
raised to 6 per cent the stock advanced
2 points. On this the rest of the list
hardened, and while there was little
activity the absence of any free offer
ing of stocks was very conspicuous.
New York. Juue 11.—The stock market
opened weak. w*lth losnes running from Vfl
per cent In the active list. The latter de
cline was Hhown by Brooklyn Rapid Trau-
hIt. By the end of fen minutes' trading,
the market showed ou Irregular improve
ment.
MONEY AND EXCHANGE.
New York. June 1L—Money ou coll 2Q2%;
time louns steady; sixty days 3%{/3%; nine
ty days 3%Cf3%; six months 4%.
Posted rates: Sterling exchange $4.64%
#4.88, with actual business III iMiikerjr
hills at Hh7*il.K705 for demand and $4.&3t5
‘ sixty-day bills.
tile pnner 5%#5%.
liver 3o%d; New York hat
#4.8380 for
Prime mercant
London bar silver
silver 66%c.
Mexican dollars 6?%c.
MINING 8T0CK8.
Boston. June 11.—Opening stocks: Shan-
non 18, Utah 67% to 66, Greene-Cannnea 16,
North Butte 80, Calumet 798, Trinity 19%,
Cnlnsl* 166, yulney 113.
degrees below uormal.
ally beloJf normal. Thunderstorms occurred
in the 6th nnd 8th, with hnli on the latter
late, but damage wna reported in ouly one
place.
Oklahoma and Indian TerrltoiT-Clea?,
„ry sod warmer weather prevailed, the
week being very favorable. Temperature
averaged nearly normal. Bunshlue prevail
ed during nearly the entire week. .Light
showers occurred on the 6th and 6th, and
there were thunderstorms on the 9th, with
benvy to excessive rainfall over scattered
areas In southwestern and central conn
t, Texa»—Light to heavy prectpltnttnn oc
eurred In the uorthern and eastern coun
ties nt the beginning of the week, and
there were a few scattered showers In
Interior, hut no rain fell In the const
western counties. Greater jwirt of
week wns dry nnd warm, ffhnsliilie was
about normal. In many localities condi
tions have become more favorable for
farming Interests. ,.
Tennessee-Weather wna unseaaonslHy
cool the first of the week, hut WMtW
warm last two days. Week was generally
partly eloudy. with no rainfall, precipita
tion l»elng decidedly nhove normaf In east
ern and middle counties, where heavy local
thunderstorms occurred on the 8th. I me-
ticnlly no rain fell In western counties.
COTTON 8EED OIL MARKET.
iber. . ,
A'ovember.
December. .
THE LONDON 8T0CK MARKET.
Auacondn .. .. ..
Atchison
do, preferred .
43)4. 200 itfly #4 37V •»' 1 *» •) *1V4. l.IOO
" t»mli*r »t 37)4. Tot*! nl.. 2,900. M*r-
clowd (trail,.
parti, rtnud, anil warm. . . ,
liAtil.lRnn—l.ak. t'hnrlra, cl»«r anil hot;
nnro., cloud, and warm, rslo l.it nl*ht;
arartport. cloud, mil warm; OpcIouM*.
..oitd, and hot; Alexandria, ckmd, and hot.
bad food rain laat nlgbt.
WEATHER FORECAST.
Daltlitiur. nud Ohio .. ..
Ch.aapcaki! and Ohio ...
Chlcacu and Great IVextern..
Canadian l’aclDc
Eric
do, preferred .. .. ..'..
Illinois Central
Kauatit nnd Trass
IdOuisvl!lo*n uTNn Shrills*. *.*.’. *
Mexican Central, preferred ..
Norfolk nnd Western
New York Central
Pennsylvania .. ..
Philadelphia and Reading ..
Rock Island .. .. *
Southern Pacific
Southern Hallway
.do, preferred •• ..
St. Paul
Union Pacific ..
United States Steel
do, preferred .. .. .. .. -•
Walmsn preferred .. .. .■ -«
THE COFFEE MARKET. >
New Y*ork,/Jumc 11.—Coffeercables:
Havre, at M a. ro.. inarkrt ateadjr; 12
noon nnrbanfod; .nlci 12,000.
Hnmtuirir, nt 10 a. ni„ market declined
Ufi'4 pfciial!* naira *.ono.
*11 In receipts, two dap*, 0.000; shipment*
tn United State* 3.000; Europe nil; stocks
ton,Ml: mnrket dull. . ...
Samoa receipt*, two da,a. 43,000; atock*
2.379,000; market Irarelr afead,.
Han Paulo rei elpt. 37,300.
It. th« opening
uw York <oDm
Fan Paulo receipt. V
Jnndlah, receipt. 31.1
The followli
T® t
Opening
.. •
.. ..1.26-5.40
.. ..5.36-6.46
.. ..5.39-6.60
.. ..5.46-5.80
, . .6.50-6.55
.. ..6.36-6.40
April
Mn.v
June .. ..
July
August .. ..
September ..
October .. •»
November ..
December .. .. .. - - .
Cloned dull. Dale. 3.2(0 bag*.
104.85
5. S)'i.3B
>. Arknnrai, East Twaf. North
and South, and Writ Texas, North-Fair
"oklabmnaT Indian Territor, and West
exaa. South—Increasing clnudlneaa tonight;
.•ednewlnv (ioi.nl,ly showers and thunder-
GENERAL KUROKI
LEAVES FOR JAPAN
Seattle, Wash.. June It®“*
ron Kurokl nailed today for the Orient,
after spending the laat day tn a round
of luncheons and alght-aeelng cxpedl-
tlona. Before leaving, the MTon.
through hla American honorary escort,
declared he leaven with the kindest
feelings for the United Statee and that
hla vlelt has been moet enjoyable.
L. H. Fairchild. Establish ad 1885. 8. J. Whit*.
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Membeie:
lew Orleans Cotton Exchange, New York Coffee Eichang.,
Vew York Cottou Exchange, New Orlenaa Board of Trade,
New Orleana Stock Eschoage. Chicago Board of Trade,
LIVERPOOL COTTON ASSOCIATION.
Private Wire* to NEW YORK and CHICAGO. Order* solicited for future deUv
v 1 oo above Exchangee. U. c. COTHRAN.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION*
Carondelot wg Ory^SUe New Orleena.
New Orlreue Cotton Exchtog,.
low York Cotton Exchange,
lalveston Cotton Exchange.
Joust on Cotton Exchange
| New Orleans Future Brokers' Asesclatte*
I N>w orI**«i.H sn»l Chicago Boards of TrsfiSb
Yo»k Coffee Exchange,
elate Merobtfre Liverpool Cottou Aee'w
New York and Chicago Correspondents.
J a. BACHE &, CO., AND BARTLETT, FRAZIER A CARRINQT#M»
PRIVATE WIRES TO ALL £ClNTi
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER. President. H. T. INMAN. Vlee-PreildenL
geo. R. DONOVAN, Caihltr.
JAMES 8. FLOYD, Aulltant Caehltr.
Capital ■
Surplus and Undivided Profits
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building.
ATLANTA.
Bell Phone, Main 8lA
GEORGIA,