The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 02, 1906, Image 15
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THE ATLANTA GEORGIAN.
15
MARKETS
Edited by
JOSEPH B. LIVELY
Lively has edited Markets in
years. His experience make*
Atlanta and tlie South for more than twenty-
him the most reliable market editor in the
South if not in the entire country.
STOCKS OPENED
AT HIGHER PRICES
INITIAL gains banged to
OVER ONE PER CENT
Market Was Generally Dull and
Reflected Merely Operations
by Professional Traders.
Xew York, June 2.—A very sharp
rise In St. Paul stock gave considera
ble of An uplift to what promised to
be a very dull and stupid stock ex
change session this morning. It was
generally assumed that the rumored
plan of financing which substitutes
part bonds for all stock Is In the main
what the St. Paul directors will ap
prove, and from this, two Inferences
favorable to an advance In the shares
were drawn. On the one hand. It was
reasoned that the market would have
much less new stock to absorb than
was expected; on the other hand, It
was thought possible that a short ln-
terst made In anticipation of a larger
share Issue had been placed by the
new devlopments in rather an embar
rassing position. The 3 points rise
In St Paul, some special buying of
Colorado Fuel, and the manipulation
of some of the minor specialties, im
parted a strong upward tendency to
the entire list, which, In the first hour
and a half, carried prices sharply up
ward. Following the bank figures, the
market grew dull again and lost
ground In some directions before the
dose. Cash holdings showed an in
crease of only $1,100,000, and whllo
the loan Increase of $2,100,000 was very
moderate. It left only a slight addi
tion for surplus reserve. It was real
ized, however, that the actual figures
represented the situation much below
the true strength, and the bank state
ment could hardly be said to have
much influence.
RANGE OF NEW YORK STOCK MARKET
AmnltfomattHl Copp*
Atlantic? Coast Use
American Sugar Refining...
Open;Hlgh jLow.lClogol HIT |Clo
nda
American Locomotive
do preferred
American Smelting Refining..
lu&V 107% ftfV 1 ; „
us ns | ns lit i»:% nr\
135% 135% 13S%| 135% —
do pr
Anicrl'
'form!
Cotton Oil
nnd Ohio
Rapid Transit...
ltaltln
II rook I r
Cnnnd 1 aii Pacific.....
Chicago and Northwestern*.'.'.’.’/.
Chesapeake and Ohio
•1 nnd Iron
Central Leather
preferred
Chicago nnd Great We*tern*l**!I!**U#l.l.!!!.!!!!!!!!!
Chicago. Milwaukee nnd St. Paul....
Delaware nnd Hudson •.
Distiller's Securities
do preferred..
_ pi
General Electric...
Illinois Central
American Ice Securities.
Louisville
Mexican Central..
Missouri Pacific
New York. Ontnrlo and Western '
National Load
Northern Pacific
New York Central,...
8TOCK SALES.
MARKETS FOR OPTIONS
TAKING A HOLIDAY
MARKETS KOIt OPTIONS
Th, ipccdlatlv. rottnn mnrkrts of the
world are rinsed todny. no new. of nny
diameter being «ent out from the*, cm-
ter*.
from
lending bulla and bears,
nominal, with nn nailer tendency.
The Atlanta market I. quoted at 1014c for
middling.
MONTHLY STATEMENT OF
MOVEMENT OF COTTON
The nmnthljr statement of .Secretary Hes
ter gives the movement of cotton Into
sight for May and the total from September
2 to May 32, Inclusive:
The Amount brought Into sight for the
month of May was 492,575. against 728,997
lust jear. 190,872 In 19)1 and 334,311 in 1903.
From Heptenilier 1 to May 31 receipts at
the ports were 7,489,151, ngnlnst 9,207,740
last year, 7,002,973 yaar before Inst nnd
7,590,1*8 same time In IMS; overland across
l.i*t year. 7,002,973
7.590,1*8 same time in i «u; overianu arroSr
the Mississippi, Ohio and Potomac riven
^1 northern mills and Canada, 898.796,1
Norfolk nnd Western
Pennsylvania
People's tins ’ f * *
Pruned Steel Car
do. preferred
rncifle Mnll
Heading
Republic Steel..,
Rook Island
do.
Southern Pacific
Southern Railway
do. preferred
Sloss-Sheffleld
Tennessee Coal nnd Iron
Texas and Pacific
Union Pacific
United States Steel
do. preferred
uu. j'l cicrruu....a.......*...,,.......,,,...
Vlrglnta-Cnrollna Chemical
do. preferred
Western Union
174%
m
*48% W*
18% 19 18% 18%
— 174%; 174% 170%
211 212%
46% 46% 46% 46%
..i.73 1 79% 79%
10% 168 1 169% 169% 168%
180% 179%' U0 I 179% VA
61% 62%| 62% 61%
149% 149% 149% 149%
22% 23%! 23% | 22
94% 95 X, 94%
“0% 51 I 51%
■6% 1 79%
211% —
1
m
211% 2in
133%
WEATHER IN WHEAT BELT.
Extreme Northwest—Partly cloudy,
42 to 58 above.
Northwest—Clear and generally
warmer; 50 to 60 above.
West and Southwest—Generally
cloudy; 60 to 70 above; general rains.
Oklahoma—Now raining at Dodge
City and Wichita.
Ohio Valley—Clear, 62 to 70 above;
general showers.
WEATHER FORECAST.
Georgia—Showers Saturday; cooler
In interior.
Louisiana and East Texas—Showers
Saturday and Sunday.
West Florida. Alabama and Missis
sippi—Partly cloudy Saturday; Sun
day showers.
West Texas—Fair Saturday; warm
er in north; Sunday fair.
Arkansas—Showers Saturday and
probably Sunday.
Tennessee—Fair Saturday; warmer
In east portion; Sunday partly cloudy.
Kentucky—Fair Saturday and Sun
day.
Jga exclusive of ftt
tltjr consumed at southern out porta.
0)0. agnlnst 1,803,000 Inst year, 1.604,000 year
More last anil 1.692.000 same time In 1903:
and Interior stocks In excess of those held
•t the cninmenrvment of the season, 155,454,
last nml 24,259 same time in
These make tho total movement of the
cotton crop brought Into sight during the
nine months ending close of Mar, 10,103,403,
Afnlnst 12,263,445 last year, 9.CS4.697 year
before last nnd 10,352.434 same time lit 19"3.
Northern spinners took during May 138,854
int<s, ngnlnst 159,726 Inst year and $2,450
year before Inst, Increasing their total for
makes their average Meekly takings foi
season 65,817. against 53,340 last year
51.373 the year before.
■ Foreign exports for the nine months of
the season have been 5.830,5*7 bales, show
ing a decrease under lost season of 1.664,961
and nn Increase over the same period year
before last of 241,799.
Stocks at the seaboard nnd tho 29 leading
southern Interior markets on Maj 31 were
795,281. against 877,432 the same date last
year nnd 412,198 the year before.
Including port add Interior town stocks
left over from tha
number of bales of
i" "Ight during the nlue months*, tho
ppiy has ‘ • gMB
7.934. against 12,425,
.— - *,092,496 the year before.
I n to May 31 last year 50.49 per cent
* had beef *" ““
of the cotton crop had been marketed, and
for the same nlue months In 1904 the per
centage of the crop brought Into sr
»n* %.74, and for the same time la 1903
leu i-eutage marketed was 56.50.
TOTAL WORLD’S VISIBLE
SUPPLY OF COTTON
Th. world', visible supply, according to
tWrrt.rjr Hratsr. .how. a ilwmM for tho
Wr»k of 97,07, ngnlnst n decrease of *7,5*7
•«»t gear nnd 1»J« In 1904.
The total visible supply la now 3.741.221,
srnlnst J.S44.01S Inst week, 3,574.552 last year
«■«! 2,495,513 In 1991.
.Total risible .imply of American Is 2,-
P'121, against UKM Inst week. I*2»,tt2
*V l JW, and 1.414.513 year before last, nnd
#,l . k !sfe luclmUng Kmt. Ilrnzil, India,
rVw ngnlnst l.f/d.000 last week.
U-w.ooo list year, and l.osi.ooj year before
The total world's visible supply of cotton
?■ alwve shows n decrease compared with
SSL T*** 97,^97. n decreast* *
WHi In of VOO W of IVAOI nn.l -
last year *
pared
visible supply of
is now afloat and held in Great
aad continental Europe LtHOW,
last year, nml t.445.009 year
m ter" **
Jhore ||
Britain
■nlast
agmn«t 9az,ow last year n
ftp 9 Tear before u*t. and in tho Uail
«Sm 1
COTTON SEED OIL.
Opening. Cloee.
< io2lf r ,t^iy;
Gibert A Clay's Dally Market Lettar.
Chicago, June 2.—Wheat—-Tbd mar
ket today was devoid of any new fea
ture, being purely a local affair
throughout. The opening was a frac
tion lower, due to selling by commla-
■dnn houses, bur ns a good demand de
veloped immediately the market turned
and advanced quite easily, shorts and
local traders being the principal buyers.
Tho news from tho southwest was rath
er conflicting, but as a whole of a fa
vorable nature. During the latter part
of the session tho local crowd, who
bought freely around the opening, were
taking profits over Sunday, which re
sulted in the market easing off a frac
tion. Anally closing steady. Looks ns If
nothing more than a scalping market
will be experienced during the imme
diate future.
Corn—Reporta of improved cash de
mand light, and buying by the same
Interests who have been eo prominent
on the bull side of late, resulted In
the market scoring an additional ad
vance nnd ruling firm throughout Aa,
we believe the recent advance has been
brought about by money and muscle,
and as a majority of shorts have been
run In, naturally feel that the market
will now have to adjust itself on supply
and demand boaia, which will mean
lower prices.
.TIPS FLASHED
From Wall Street
Sj'.'ld
tary conditions. boHHMNHIW
moment does not warrant an active up
turn throughout the list. Most funda
mental Influences are good enough, but
thore Is no leadership of n kind to attract
donee of a holding back policy on tho
part of larger Interests, which may moan
ther ^ development MSI' Its. Influence can
iraed."
noon seems likely today In tho stock mar-
kel, which gives some evidence of being
oversold owing to tlio limited offerings or
securities, and we see no reason to cliango
the conservative ball position. News de
velopments overnight arc not of a para
mount Importance, but they nil tend to
strengthen tho optimistic fundamentals ac
cording to our calculations. The outlook
ATLANTA CLEARING HOUSE
FINE WEATHER WHS
AND THE WORK IT IS DOING! fl B«f| FACTOR
PHOTOGRAPH OP CLEARING HOUSE IN 8ESSION.
At head of tabls—Th. manager. On Hla right, J. 8. Kennedy, Rudolph G.la.l.r, J. V, Dunlap, La, O'Brien.
On left—Tony Murphy, Bob M.ador, Barrett. Standing, lift—Purnell, Frank Barry, Picturo taken about 1898.
CAUSED AN EASIER AND
LOWER OPENING.
Batch of Bullish News Later
Steadied the Market—Closed
Slightly Higher.
The Atlanta Clearing House Association
was iisiKiiig tlir tirnf liuviiu"*-* -Tgii.l/ill.-im
form.-.I mi.| Minvssfiilly lit At
lanta.
' In 1891 Its first meetings took place, but
It was a crude liegtnntng, ami without a
permanent head—that Is, It was In opera
tlon for some tlmo before a manager was
two weeks, ono of tho officers acting as
Paul Roinare was its first president.
Ill 1893 Its usefulne** to tno banking ami
busInesN Interests of Atlanta was brought
prominently before the public. It will be
remembered that It was In that year At
lanta had Its "black week," when n ware
of crime swept over the city, a prominent
national bank going to the wall through a
heavy shortage of one of Its employe!
■tai—M I M—— M “ is ba
of the nanks' generally feared, In the ex
citement, that prevailed, that their de
positors would lose confidence, which would
n runs and other failures,
leartng house decided thst Imrae-
i was necessary for the,
[ that had already exiieri
at a meeting of the assocl
The
of
Mible and at n meeting of the a asocial
was decided to Issue clearing hoi
Irate*. These certificates wrroL
but August 18: nnd whflj it was generally
supposed that tho Issue ’amounted to at
least a million dollars. In reality $124,000
covered tho nmount of tho Issue. They
were redeemed the first week In November.
The action of the clearing houso had saved
the day for Atlanta.
U. J. Lowry was president from Heptem-
ber. 1852, to September, 18B, nnd It was
probable becauio of tho increasing Frisco
returns."
New York, Juno 2.—Town Topics: "In
rlsw of the outlook for a favorable bank
statement we expect the market to develop
a fair degree of activity and strength,
while those who nro willing to carry stocks
backs to buy th# better class.
pWBBWBWftwiiir market next
week. Stocks are in strong hands, nml
there Is nothing In tho sltuntlon to cause
uneasiness. Wo nro very bullish. All ths
Southern railways will «lo Iretter on the
belief that next week's cotton report will
l»e very favorable, nnd among these Louis
ville and Nashville and Southern Railway
should l»o bought. We are bullish on Cop-
•r, and while the stock baa acted In
ther an unaatisfactory manner recently,
comotive Is lacked for higher prlci
purchases on declines of Unlc~
Southern Pacific, Pennsylvania,
es, while
Pacific,
Southern Pacific, Pennsylvania. Norfolk,
Ualtlmore and Ohio, Smelters and the steels
should snow good profits."
Ifwr, 109-, iv I"mrmiwi, IW, uuu nmm
during hla administration tho certificates
were Issued. They were redeemed under
the administration of T. H. Neal, who
succeeded klr. Ixrwry.
stock ..
charge of the Issuing of the certificates.
later electea ■■mmlBB
i later
is has
manager,
sly held.
Association.
It started
torily arrani
I Its useful caret
iglng the affairs
the depositors being paid
full. Confidence wan restored sa to the
stability of the remaining banka and bnsl-
uesa 1*egan to Increase to an extent much
urea Iwgan to Increase td
beyond their expectations.
The clearings for 1905 show an Increase
* efJBT.H ‘ —
over 1904 of |37.QaM41.8S, clearings for 1906
being $156,625,644.98, against $168,022,903.15 In
aggregate $96,831,674.61, agalns
for th* same time In UW-hii
amounted to $60,71
It up two or ‘/Cree pothts'now.
continue boHlir
Ware A Leland’s Daily Market Letter.
Chicago, June 2.—Wheat—8elllng ap
peared early on fine weather in the
northwest, but offerings were well ta
ken. as there was considerable talk re
garding damage in Kansas, aa well as
from Texas, with later reports from
those states confirming them, as well
aa from Michigan. A report sent in by
a crop expert was regarded as bulllan.
although there was some conflict of
opinion, but the strongth In coarse
grains, as well as the expectation of
not less than 1,260,600 bushels decrease
In the visible supply were of bullish
assistance to prices, although many op
erators were disposed to even up their
trades over the two holidays, while be
lieving that higher price* will be fi
nessed. The undertone to the market
Is strong and whenever bearish pres
sure Is applied we would favor pur-
lases of July and September.
Corn—Trade was rather light early;
but commission house buying eclipsed
the selling, and shorts covered due to
urgent demands from shippers and talk
of country acceptance* being quite
light. Top prices were not sustained,
as considerable realising took place and
late In the day It was reported that
Missouri river point* were> selling quite
freely here that would Indicate a big
movement next week. Crop prospect*
are fine, and we would favor sale* on
all upturns.
SPINNERS’ TAKINGS OF
AMERICAN COTTON
Bwr»Urj
Hrsl.r*. of th.
world*, tahln*. b, th. .pt.MT. of tho
W Darlnf ,l *he work 2C4.000, iftlMt 28,000
■“AjrcsaiiKftSgLw-rB
GIBERT & CLAY
'* t ALABAMA AT.
come. P AOVIAION*
ICMBCftt.
ATLANTA. OA.
Tort *twlt KxrbafAlX** OrBM* Cotton AlSriJ'tlon
on Atchlaon, «l-
thnnxh patonro map bo raqnlnd.
"Hall polnta are noted In certain quarters
on Huiar.
“Wo believe *t. Pnnl will do better.
"Houreea that hart been hnlllns Pnel
nlnce It wa. 50 seem unrhnnned In their
poaltlon.
bull side of Conaolld
'^Rr'e't. *!n 1 a r *«dtlon to adrane. pereral
polnta when hlorgin Interests aro read,.
Inc la In tha tradlns posttlon, still
stock around 1C tint aeei
get better support on declines,
to bnjr U
f.t beft__
"A tip to bnj Union Pacific la notad In
a llarrlmin honw.
Good borlnx of Rteel U.nea I. reported.
We do not heller, an, lnrr.tlntlna I. <
trmplated In Unlt*d Staten Kte.1, aa
'‘Gates Interests seem to t» bulling Car
and Foundry aad Pressed Hteel Car.
"how prl.wl atoeka am scheduled to bo
taken np neat week, we understand.'
THE CHRONICLE'S CROP
AND WEATHER REPORT
Our telffraphle reports from tho South
todny aro (Morally of a Bon fa ramble
t.oor. Bata baa. fallen In moat wctloa.
where needed and temperature, hare been
quite satisfactory on ike whole. An lm-
provem.nt In th. crop I. referred to by
some of our corrmpondenta—War. A *
TENDENCY DOWNWARD
IN NAVAL STORES MARKET
th. week c,
In, this afternoon spirit, tarpeatln. I
■bown the Mate downward teadMey
In erldence almoat .tar* the
th. mmo..
’ the week was
irftc. There wa. on. rally, kronckt a boat
by nwnlpnlatlM, nnd wfckh Mly laatad
orer rllcht. Home'of the factor, think that
mit. _ _
end of the decline knoboM rmebod.
whllo other. b«k for n farther deebn. of
PaSSHKe before nay real ImprarflBi
la to h. noted. The market la betn* eon-
ttnaaUy thrown Utn confndon by tbn a amp
ler km of raratyt*..which bar. been a«-
•alabt. at (Ukniirilli and tarn bm rn-
•blppe.| to thla port. The new. of tb*
(•teal and Long Ol.tnnca T.liphon* 52*8. Vf. R. FAGAN, Manag.r.
; of sack
SSidTS'Silp'tLlXerafram day to dai
met from the country, lb. market would be
aM. to absorb auto at pnfiUM* Ogure.
tor the producer
Tbn reels ««rh*t baasta. shown a de-
. Jlalnc tendency, split price, bring tb. nil*
tor tb« w^rt- .A. tb. wrek eb-e, the ten-
dency weau to tie to cat tbn prtce for
the higher rradee and to Md ap I be lower
it was at this time last jrsr.
wflla In 1894 the
total footed up $56,589,228.04, a falling off
near f4,M6.M0, as a atreet result or tbs
pnnIHy conditions daring the lattsr part
For three years the banks had smooth
sailing, each year showing a satlsfactorv
Increase In the Hearing*. When, In Uff,
s decreese of $40,900 under 199S was shown,
though no reason could be assigned for the
si amp.
rue i,owry nnnonni nans is aenuing our a xoiaer. containing some vniuame in
formation ns to Atlanta's progress, from which the following Items ars taken:
Present clearing bouse banks of Atlanta, showing capital, surplus and profits.
Atlanta National Hank.,
The Non) Blink.,.,........... iwniwwt
Third National Rank 200,000.00
Central Rank and Trust Corporation 286,417.60
13,US,417.50 32,620,406.45
Total capital, surplus and profits,
Total capital, surplus and profits,
lacrosse In ten years....
rostofflce receipts for year ending June*), 1196 $ 225.810.2t
Postofflce receipts for year ending Jane*), 1906..... 606,174.72
Increase In ten year*., $380,064.61
Total deposits of banks In Atlanta,
Increase In ten years
Total bonk clearing* for year 1866 $ 66,911.264.71
Tout bank clearings for year 1906 lMi.626.644.9K
Increase In ten years ...» $190,907,190.27
With these two exceptions the clearings
ons Increases, tho
f each year,
they show
1186, <*,644.96,
amount growing steadily larger *«eb year,
until from $50,753,911.12 In 1883. they show
In 1906 the enormous sum of $185,t
by
uafn«
any means
many suppot*.
They simply represent t
local checks which hanks
receiving on each other, <i
represent tho otdount of
■ are constantly
receiving on each other, on depowlt oud
otherwise, nnd which are dally exchanged
through the clearing house. Check* paid
over the eounter by the bank or when they
are drawn do not pass through the clearlug
each year.
Following i
rice presidents from 1191
President.
1891—P. Itomnro (dec.).*.
tm-tt — *
Vie# President
....It J, Lowr^r.
Robert J. Lowry U J. Hill.
lm-fTlI. Neal lder,)....J. If. Porter (dee,>.
1©4—J. II. Porter CdSej..George W. Parrott.
1896—J. W. l’nfllsh...W. A. llemphlll (dee.).
1896-W. I.. Peel B. II. Thornton.
1X17—Frank Ilnwkltis.Cleorge R. DcSanssure.
ohn K. Oil ley.
rhoms* J. Pc
1994—W. F. Maury..
.’oltowlng Is a list of the Atlanta Clear
ing House Association banks In IBS:
l % U >£&lv n Lowry B..U..
Company.
HAVE YOU ANY MONEY AHEAD ?
Is it Invested where It is
Is It iTtllibli now 12 1
your door?
orfectly safe?
DRTUNB should knock at
B. Fourth National—Was American Trust
and Ranking Company.
* Maddox-Rucker Banking Co.
fi
8. Neal Loan and Ranking Company.
9. Third National—Was Atlaut* Trust
and Banking Company.
10. Fidelity Ranking and Trust Company.
NEW YORK BANK 8TATEMENT.
New York, June 2.—The statement
of tho New York associated banks for
tho week shows the following changes
Reserves, Increase.
Loans, Increase
Specie, Increase..
Legal*, decrease
Deposits, Increase.. . t ..
Circulation, decrease....
111,171
2,152,490
1,124.600
997,909
4,019.300
96,700
COTTON 8EED OIL MARKET.
Now York, June 2.—There Is only a
speculative Interest In' tbl* market,
cash trade Is almost nt a standstill, n
atimers have contracted ahead largely at
their pricaa and nr. n a | mm i ■) '■ .!■
liveries on old contract* for current wants,
which leaves each nominally nnchsagsd bet
steadily held. Nothing la doing In cruda.
Which Is nsarfy marketed, 10%c being the
nominal prlco la tho aouthanat.
sraur
were unehang
STATISTICAL POSITION
OF COTTON JUNE FIRST
cottoo on Jane 1. as made up by the New
York Financial Chronlcls, aa received over
)our uuur. , ^
Prepare jrouraelf to take advantage of opportunity
by Inreatlng your aavInKi In 'thla bank, where they
will earn 3V4 per cent COMPOUND INTEREST, bo per
fectly safe and available practically on demand.
CENTRAL BANK S TRUST CORPORATION,
CAPITAL $500,000.00
Asa G. Candler, President.
W. H. Patterson, Vice-President. A. P. Coles, Cathltr.
John 8. Owens, Vice>PresidenL Wm. D. Owens, AssL Cashier.
Chicago, June 2.—Whent closed l-S
€f3-8c higher. It ^ held up by tha
bull prope. Tho strength In corn was
a help. The trade In the wheat mar
ket was Impressed with tho Idea that
the rinnw report for June was a bull
ish document, but this was not the
case, as > It Indicates a crop of 460,-
000.000 winter and 800,000,n00 spring
wheat, or a total of 750,000.000.
Oato—'Trade on the whole was rather
tame, yet there were moments of great
atclvlty In all the pits.
Corn closed l-80l*4c better and oats
»' ‘I' 1 Up 1 >«/1 P-
Hogs products were off 7 l-2ff 12 l-2o
' i ii Milrs lii'if Mi'ii- 15.000 wheat,
1OIHI I .M II .11!.I JlpMlOO Milt*
\» .>b,.,u.| thf\ urn* six boat
I:n 1 * ff «li*'Ht, J ..f . "i n and 80,090
bushele of oats.
CHICAGO GRAIN MARKET.
S"%
open. High. Low. Clo
WHEAT-
g:: p
Il«'. 47? 441.
jnV* * as
Hi*pt ,. 11% 32'*
2!* I
l'OUh-
July ..14.00
brut ,.14,00
XabD—*
oly .. *.lt
-i:S
1.70
«.00
I:!? 4
0.47V4
».47H
S.67%
S.62%
9.02%
CHICAGO CAR LOTS.
Wheat .
Corn ...
Oats ..,
Hogs ..
Today. Tomorrow.
16.00)
art
NORTHWE8T CAR8.
Following table gives the n art Ip
of grain today, Inst week nnd hint jent-
I.nat l,**t
Today. Week. Year,
Minneapolis ........... 173 129 31f
Duluth 27 .5 If
Chicago 13 5 1
PRIMARY MOVEMENT.
The following
lent of .win nt ai
Wheat—Receipt
i Receipts 1.190,000 bushel?, iignliuur
bUNlieln In nt year; *hl|>m°ntfl **3T..»«W
Is, ngnliiflt 556,000 loitht U lust year.
NEW YORK COFFEE MARKET.
The following table give* the
ml i loving f|uof*tlnn« for coffee f<
delivery today la New York:
Open
kprll ...
fay ... .
June ... ,
July ... .
August ...
Hepteuibor
a 30 «.56
a 00 6.86
8.70 '
5X-6.HI 90-4.96
Ml., t
r. X 4.00 .
« 00-4.06 ;
4 10-4.16 |
,4 39 4.40 4 31-4*)'
SOUTHERN EXCHANGE
Oldest ICatabllahed Office South.
conos STOCKS MUD! BUS
Ground Floor Gould Hutlding. Dally
market letter and market manual
inallail on application.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, President. A. E. THORNTON, Vlce-Preeldent
H. T. INMAN, Vlee-Preeldent. GEO. R. DONOVAN, Cihler.
JAMES 8. FLOYD, Aei't Ceehler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
MADDOX - RUCKER BANKING CO.
CAPITAL S200,000.00
SURPLUS AND PROFITS . $300,000.00
ACCOUNT* INVITCO.
■■■■■■■■I used Circular
Notes and Lcttere of Credit of Thou. Cook it Son. »
In OurS*\ings Dcparlmcnt wc allow Interest at the Rate of 3 1-2 per cent
Compounded Semi-Annually.
We sell the widely known nnd extensively
Go