Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, June 11, 1907, Image 13

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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,