Newspaper Page Text
( MARKETS
STOCKS OPENED
AT HIGHER PRICES
INITIAL gains ranged to
OVER ONE PER CENT
Market Wu Generally Dull and
Reflected Merely Operation!
by Frofeteional Trader*.
Sew York, June 2.—A very sharp
rise In St. Paul stock gave consider*
He of an uplift to what promised to
be a very dull and stupid stock ex
change session this morning. It
generally assumed that the rumored
plan of financing which substitutes
part bonds for all stock Is In the main
irhat the St. Paul directors will ap
prove, and from this, two Inferences
favorable to an advance In the shares
*ere drawn. On the'one hand, it was
reasoned that the market would have
orach less new stock to absorb than
«ss expected; on the other hand, It
«as thought possible that a short In-
trrst made in anticipation of a larger
itiare Issue had been placed by the
a*w devlopments In rather an embar
rassing position. The 3 points rise
In St. Paul, some special buying of
Colorado Kuef, and the manipulation
of some of the minor specialties. Im
ported 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
close. Cash holdings showed an In
crease of only $1,100,000, and while
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.
STOCK SALE8.
104.3M shares
ai 120,000 shares
markets for options
taking a holiday
world are closed today, no news of any
character being sent out from these cen
ters.!
MONTHLY STATEMENT OP
MOVEMENT OF COTTON
The monthly statement of Secretary Hea
ter gives the movement of cotton into
sight for May and the total from September
1 to May 31, Inclusive:
The nmount brought Into sight for the
month of May was 492,575, against 728,997
last year. 190.872 in 1904 and 334.311 In 1903.
From September 1 to May 31 receipts at
the porta were 7,489,154, against 9.207,740
last jrear, 7,002,973 year before Inst and
7.590,1*8 same time In 1903; overland across
the Mississippi, Ohio and Potomac rivers
to northern mills and Canada, .886,796,
•plait 1,003.703 Inst year, 896,676 year be
fore Istt and 1,045.967 same time In 1903;
southern mill takings, eiclustvo of 01
S consumed at southern out ports. 1,1km,-
agalnit 1,803,000 last year, 1.664,000 rear
>re la at and 1.692,000 same time In 1903:
and Interior Rtncks In excess of those held
• mi, n.-emrnt of the season, 156.464,
tfilnst 243.996 last yenr, 121.048 year b(
U»t and 24.269 same time In 1903.
These make the total movement of the
cotton crop brought Into sight during the
•lie months ending close of Mar, 10.333.408,
against 12,263,446 last year, 9,04.697 yenr
before last and 10.X2.434 same time In 1903.
Northern spinners took during May 138,864
bales, against 169,726 last yenr and 62,450
yiar before Inst, increasing their total for
the nine months to 2,176,866, against 2,080.396
Uit year and 2.008.716 the yenr before. This
Sikes their nrerage weekly takings for the
waaoa 55,817, against 63,3W last year
51.373 the year before.
Foreign exports for the nine months of
• * n have been 5.93G.MT bales, show
ing a decrease under last season of 1.666,961
sid an Increase over the sime period year
More last of 244.790.
Mtorka at the seaboard and the 29 leading
•nethern Interior markets on May 31 were
fht
months, the
last 12,426,
■winner or Dales or toe current ci
lit., sight during the nine in
v-prdy has been 10,837.934, a*al
412 last year and $852.49$ the rm
t> to May 31 Inat year 90.40 per
•f the cotton crop had neen marketed,
■' * * nine months In 1904 the per-
»•* of the crop brought Into sight
— *.74, and for the same time In 1903 the
percentage marketed was 96.50.
TOTAL WORLD'S VISIBLE
SUPPLY OP COTTON
|T*» »orW'« Ttaltil, supply, according to
fcercury Hcitcr, ahoora a decree for the
wrek of 17,637, ngnln.t a decreaM of 67,637
■« !Hr and 1J3.H: In 1*M.
Tw tout riilble .apply la now 3,70,331,
ottnwJ.W6.0I! laat week, 3,04,6M la»t year
»ad J.4SW13 i n jam
T***l visible supply of American Is
against 2.345.01s last week, 2.528,862
■M/aafc and 1,414.513 year before last, and
w all kinds. Including Egypt, Brasil, India,
against 1.50l.flft) laat week.
yKdOO last year, and 1,081,000 year before
JThe total world's visible supply of cotton
■a shove shows a decrease compared with
**ek of 97.697. a decrease compared
w*t year of 124*631, and an Increase
' 1 T""* w,th rear before last of 1,262.**.
.y* toe world's visible supply of cotton as
L*?v # tkece la now afloat and held In Great
■ntaln and continental Europe 1.831.0k),
1.927,000 last year, and 1.445.000 rear
Mare laat; In Egypt 96.000. against ltf'.oft)
rrar. and 146.000 rear before last; In
■ •gainst te.000 laat year and
S;. before last, and In the United
Imp *3m. against 84f ‘
year before last.
COTTON SEED OIL.
Opening.
«n«t
tea?*
^■mhet
' In »*>l ateady.
Hose.
Edited by
JOSEPH 13. LIVELY
Mr. Lively has edited Markets in Atlanta and the South for more than twenty-
five years. His experience makes him the most reliable market editor in the
South if not in the entire country.
RANGE OF NEW YORK STOCK MARKET
Amalgamated Copper,M.' '77777
Atlantic Coast Line ** *
American Sugar Ileflutng r ****'** ...I
Anaconda
American l40coniodT*,„», M ”i * *)*'
do preferred
American Smelting Refining... .. .
do preferred
Atchison [[ * <
do preferred ».!!!!!!!!***"*'
American Cotton OIL.
Baltimore aud Ohio ....
Brooklyn Ilapld Transit...,,**!. *. *..***''*’’*
('aoadlan Fnclflc
Chicago and Northweitern.I7,l*,1177**** !!/***"
( heaapeake nnd Ohio ***
Colorado Fuel and Iron
Central leather
do preferred * * *
Chicago nnd Great Wostern ...'!!!!!!!
t h cugo. .Milwaukee and 8t. Paul
Delaware and Hudson
Distiller's Securities
|Op.n!lII,hUnw.|r | "«->i' lllT'iT
General Kleetrlc......
Illinois Central. '*1!'
American Ice Securities ,*....4***
Lonlsvllle and Nashville * * !
Mexican Central '
Missouri Faclflc
Srw rork. Ontario aud We«terii.'!.'"!"..‘"!;.‘!!“""
National Lead
Northern Pacific * *
New York Central
Norfolk nnd Western...!...
Pennsylvsnlu ^
People’s Gas... .
Pressed Steel Car
do. preferred
Pacific Mall 17771II7.7
Hepuhllc Steel 7.
Soitheru Pacific
Southern Railway...
do. preferred......,..'.,..
Slosa-Sbeffleld
Tennessee Coal and Iron.........
Texas and Pacific
Union Pacific
United States Steel '
da preferred
virgin In-Carolina Chemical....,.,
do. preferred
Western Union
Wabash
do. preferred..
Wisconsin Central.,
do. preferred
101TT !•*% 107%' 1< _
148 145 141 148 147% 147%
1*%, 135til 135% 135SI 136% 135%
267 I 268 J*if.% 267 I 2*74 265%
70% 70 7)>* 70 I 69V*
114% in
155*4! 154%! 155 I 154% 15t
7|.72*.| 4$H ns%
90 89% 90 89% 89%
”3i%i”3i% "siv 31% "31%
108 104 108 I 107% 107%
S3 82% I 83 S2%‘ *2%
16-)% 160% 160% 161%, 160V*
206 203%! 2«4 ; 2o5 , *|
69 , 58%' 58% I 58%
59% 58% 58% 59%
4-0* 4.* 1 42** 42%' 41%
'M
154%
58%
19” ’ wit ”19 T*i8%
156%
46%
63
46% | 46%
M
168'* 1*0*
ISO | 179% _■
82%. 62%' 61%
149%. 149% 1D%
23% 23%| 22
» , 95 ! 94%
M%l 51 I 51%
76%! 76%
211%j 211% 210%
140 1 49%) 139
87% «7%
** 133%
93
87U
gtt
m
79^4
l.V'H
33
ICO
4W
10514
a»
HdV
K3V,
a
4104
-'•4»
60V4
WEATHER IN WHEAT BELT.
N'orthweit—Partly cloudy.
generally
Extreme
41 to 08 above.
Northweet—Clear and
warmer; CO to 60 above.
Weat and Southwest—Generally
cloudy: 60 to 70 above; general ralnn.
Oklahoma—Now raining at Dodge
City, and Wichita.
Ohio Valley—Clear, 62 to 70 above;
general ahowen.
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.
Olbert A Clay's Dally Market Letter.
Chicago, June 2.—Wheat—The mar
ket today was devoid of any new fea
ture, being purely, a local affair
throughout. The opening was a frac
tlon lower, du. to selling by commie
slon houses, but as a good demand de.
velopcd Immediately the market turned
and advanced quite easily, shorts and
local traders being the principal buyers.
The news from the southwest was rath
er conflicting, but aa a whole of a fa
vorable nature. During the latter part
of the session the local crowd, who
bought freely around the opening, were
taking prpflts over Sunday, which re
sulted In the market easing oft a frac
tion. Anally closing steady. Looks aa If
nothing more than a eralplng market
will be experienced during the Imme
dlate future.
Corn—Reports of Improved cash de
mand llghL and buying by the same
Interests who have been so prominent
on the bull side of late, resulted In
the market scoring an additional ad
vance and ruling firm throughout. As
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 baala, which will mean
lower prices.
Wert A Lsland’s Dally Markst Letter.
Chicago, June 2.—Wheat—Selling aP'
peered early on Ane weather In the
northweat. but offerings were well ta
ken, os there was considerable talk re
garding damage In Kansas, aa well as
from Texas, with later reports front
those states conArmlng them, as well
as from Michigan. A report sent In by
a crop expert was regarded as bullish,
although there was some conAlct of
opinion, but the strength In coarse
grains, as well as the expectation of
not less than 1,260,000 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 prices will be wlt-
neesed. The undertone to the market
Is strong and whenever bearish pres
sure Is applied we would favor pur
chases of July and September.
Corn—Trade was rather light early;
but commission house buying eclipsed
the selling, anfl shorts covered due to
urgent demands from shippers and talk
of country acceptances being quite
light. Top prices were not sustained,
as considerable reatlxlnc took place and
late In the day It was reported that
Missouri river points were selling quite
freely here that would Indicate a big
movement next week. Crop prospects
are Ane, and we would favor salea on
all upturns.
SPINNERS’ TAKINGS 3?
AMERICAN COTTON
TIPS FLASHED
From Wall Street
New York, Juno 2.—Marshall. Spader &
Co.: "Today's market may be Id some
degree Influenced by’ the favorable mone
tary conditions, but the situation at the
moment does not warrant an active up
turn throughout the list. Most funda
mental Influences are good enough, but
there la no leadership of n kind to attract
wide suimort to the lint, and there Is evi
dence of a holding back policy on the
part of larger Intereata, which may mean
a heavier market next week. The netloii
of larger corporations in Increasing their
capital obligations appears to require fur
ther development before Its Influence enu
be disregarded."
noon seems likely today In the stock
Secretary Hester’s statement of the
world’s takings by the spinners of the
world follows:
During the week 206,000, against 225,000
Inst year and 139.000 In 1904.
Since September 1 their takings amount
9.791,000, against 10,193.000 last year and
8,799.0<W In 19M. _ _ . _
Northern spinners and Panada took of
this amount 2,H2.nr)i) bales tbl- year, against
2.n».ooo last year, and 2,006/JOO the year
before; aouthern spinners 1.922.000. against
1.846.W laat yrar. and 1.648,000 thoyasr
before: and foreign spinners 5.6*7,000.
ngslnst 6.259.000 last year, and 6,045,000 the
year before.
GIBERT A CLAY
14 C. ALABAMA tT.
STOCKS, BONDI.
COTTON. GRAIN.
COfTKC. PflOVIBKHR
ATLANTA* OA.
wo see no reason to change
strengthen the optimistic fundamentals
cording to our calculations. The outlook
for ti good Iwtnk statement today Is very
bright nnd easier money next week Is
probable because of the Increasing Frisco
New York, June 2.—Town Topics:
▼lew of the outlook for n favorable bank
statement we expect the market to develop
a fair degree of activity and strength,
while those who are willing to carry stock!
over Sunday should take advantage of set
backs to buy the better clnsa. Wc have
ATLANTA CLEARING HOUSE
AND THE WORK IT IS DOING
PHOTOGRAPH OF CLKARING HOUSE IN 8ES8ION.
At head of tabla—*Tha manager. On hia right* J. 8. Kennedy, Rudolph Gelastar, J. V, Dunlap, Lat O'Brien.
On laft—Tony Murphy, Bob Mtador, Barrott. Standing, laft—Purnell, Frank Berry. Picture taken about 1898.
FINE WEATHER WAS
A BEARISH FACTOR
CAUSED AN EASIER AND
LOWER OPENING.
Batch of Bulliih N*wi Later
Steadied the Market—Oloied
Slightly Higher.
Chlcngo, June 2.—Wheat closed 1-8
'EN-Sc higher. It was held up by the
bull props. The strength In corn was
ft help. The trade In the wheat mar-
I ket was Impressed with the idea that
! tin? Snow report for June was a bull
ish document, hut this was not the
c.i t*', an it Indicates a crop of 450,-
000,000 winter and 300.ooo,ooo spring
wheat, or n total of 750.00o.000.
Oats—Tfnde on th« whole was rather
tnmo, yet there were momenta of great
fttdvlty In all the pits.
Com closed 1-8 r y l-4c better and oats
were Up 1 -8If 1 -4c
Hogs products were off 7 l-2fM2 t-2c
»\i-h sales hen- were 15,000 wheat,
125,000 corn and 260,000 oats.
At tho seaboard’they were six boat
loads of wheat, 2 of corn and 80,000
bushels of oats.
The upward movement In Colorado
and Iron wilt continue, nnd American Lo
comotive Is l»o4>ke«t for higher prices, while
purchases on declines of Unfe -----
Houthern Pacific, Pennsylvania, nutiuw,
Baltimore nnd Ohio, SmaTtors gnu the steels
should show good profits."
continue bullish on Airblson, al
though patience may be required.
"Bull points are noted In certain quarters
on 8ugnr.
-, We believe St. Paul will do better.
‘Bourcei that Jiave been bulling Fuel
since It was 50 seem unchanged in their
position.
“Home attention should be given to the
bull side of Consolidated Gas, whose short
age la very large.
•'Erie Is In a position to advance several
points when Morgan Interests are ready.
"Bending Is In the trading position, still
meeting stock around 142. but seeming
get better support on declines.
‘‘A tin to buy Union Pacific Is noted
Harrlmnn house.
The Union Pacific statement was con
altWed good. Under this circumstance It
could be put to 160 easily If tho pool Is
willing to take the 151 level.stock.
"Good buying of Steel Issues Is report
We do not believe any Investigation la c
templated In United States Steel, as
orad.
"Gate* Interests seem to he bulling Car
THE CHRONICLE'S CROP
AND WEATHER REPORT
Our telegraphic reports from the South
today are generally of a more favorable
tenor. Rain has fallen In most sections
where needed and temperaturee have been
quite satisfactory on the whole. An Im
provement In the crop Is referred to by
TKKDSN07 DOWNWARD
nr NAVAL STORES MARKET
Special to The Georgian.
Savannah, Ga.. June 2.-
7 ftSKSjSJ fSsTwiSssSSS^fgS&f^SStam
* York Coffee Eichange.|New Orleans Board of Trade IGaivetton Cotton Eicbango.
Private Wires to all Eachangea. M
and Long Distance TaltphofM 52H* _ Vf« R» FAGAN# Manager.
2.—For the week clos-
plrlta turpentine has
shown the same downward tendency which
has been In evidence almost since the open
ing or the season. The price at the oi>en-
ig of the week was 6&*nnd at the close
%<-. There was on*- rslly. brought aln.iit
by manlpulntlon, and which only lasted
over night. Home'of the factors think that
ic end of the decline has been reached,
bile others look for a further decline of
at least %C before any real Irnprotoment
Is to t*e noted. The market la being con
tinually thrown Into confusion by the dump
Ing here of receipts which have t»een un
salable at Jacksonville and have been re-
shipped to this port. The news of the
! ling of such shipments tumMe* prb ea
here, while. If the same quantity even
should be shipped here from day to dar dl-
rect from the country, the market would l**
able to absorb same at profitable figures
for the producer.
Til* rosin market ha* also show-n n de-
dining tendency, split price* being the rule
for the week. As the week eiosea the ten
dency seems to be to cut th#* price for
the higher grades and to bid up the lower
grades. The receipt* are rather heavy, and j
K —*—k — **—i double what I
Tho Atlanta Clearing House Association
was among the first business organizations
formed and successfully operated In At
lanta.
In 1891 Its first meetings took place, but
It wna a crude bcglniilug. and without n
permanent head—that Is, it was In opern
tlon for some time before n manager i
elected, each bank handling the business
weeks, ouo of tho officers acting
manager.
Paul llomaro was Its first president.
In 1893 its usefulness to tne banking nnd
business Interests of Atlanta was brought
prominently beforo tho public. It will li _
remeinbercU that It was In that year A
Innta bad Its "black week,” when a wav*
of crime swept over the city, a prominent
national bank going to the wall through a
heavy shortage of ono of Its employees.
Tho closing of the doors of this bank
panicky conditions, mid the officers
of the laiDks generally feared. In the ex
citement, that prevailed, that their de
positors would lose confidence, which would
result In run* nnd other failures.
Tho clearing house decided that Imme
diate action was nea—tlirj for tho relief
tlflontoH. These certificate* were Issued
about August 18; nnd while K was generally
supposed that tho Issue amounted to nr
least a million dollars. In reality $128,000
covered tho amount of the Issue. They
wero redeemed the Ural week In’November.
Tho action of the clearing house had saved
the day for Atlanta.
U. J. Lowry “
l>«-r, 1M*2, to J-M-IM4-IIIWX-I, mm ■■ ».nn
during bin ndnunlntrntlon tho certificates
wero Issued. They were redeemed under
ic administration of T. II, Neal, who
icceeded Mr. Lowry. . •
Darwin G. .Tone*, tho well known bond
and stock broker, wan called In to take
charge of the iRMuing of the certificate*,
lie wna later elected manager, which po
sition he hns continuously held. Tho elec
tion of manager completed the permanent
organisation of the Atlanta Clearing House
Association.
It started Its useful enreer by satisfac
torily arranging the affairs of the closed
bank, All the depositors being paid In
full. Confidence was restored hr t-» tin-
stability of tho remaining banks aud busl
ness began to Increaso tc ~ ‘ *
beyond |helr expectations.
over
Ih-i ng
clearing* for 1906 show an Increnno
1904 of 127.6*13,341.83, clearing* for 1906
$ 185,625,644.98, against $168,022,803.15 In
For tho first five months of UK* clearings
aggregate $96,831,874.61, against $71,611,063.73
for the same time In lliOG—an increase of
$26.320.520.78.
The clearings
crease of $456,3' , 3
far In 1906 show an In-
over the total for tho
entire year in 1900.
In 189.1, permanent organisation being ef
fected In August of that year, the clearings
amounted to $60,753,911.1$. while in 1894 the
total f«H>te«| Up $56,589,228.04, a falling off
near $4,166,000, as a direct result of tho
panicky conditions during the latter part
Of 1893.
For three years the banks bad smooth
Nailing, each year showing » satisfactory
Ill«TeilH4* In the * b-iirlngn- When, III 1V9S,
a decrease of $40,300 under 189K was shown,
i reason could bo assigned for the
of Atlanta, showing rapltnl, surplus nnd profits.
Surplus and
’aplfnl. Profits.
iiOu.OuO.oO $ 615,161.®
r-l0.000.ua 6 lt>, 102.82
Third National Bank.*...,,
Central Bank and Trust Corporation..,
Increase In ton years
Progress of Atlanta shown In figures:
rostoffice receipts for yenr ending June 30, 1896...,
PoHtofflce receipts for year ending Juno 80, 1906.,,,
Increaso In ton years
Total deposits
itnl deposits
Increaso In ten years..,
Increaso In ten years..
•i.i.i... ..i
100,000.00
200.tXW.00
285,417.60
• 1
368,622.25
I! •-1
It, 159.68
R.W.m.B $2,820,806.65
...... $1,826,96L67
With these two exceptions the clearing*
have shown eontlnuoui# Increase*, tin-
amount growing steadily larger •set* year,
until from $50,763,911.13 In u3s. they show
In 190G the enormous sum of $185,625,644.98,
or $124,S71.733.66 Increase.
The "clearing*” do not by any mean
represent the volume of business done, n
ninny suppose.
They simply represent tho amount of
local cheeks which bank* ora ronnbintly
receiving on each other, on deposit and
otherwise, and which are dally exchanged
‘•rash the rlearlng bouse. Checks paid
?r tuo counter b) the bank or when they
are drawn do not pass through the rlearlng
non so.
The officers are chosen In Heptomher of
i' li year.
Following Is a list of the presidents nnd
rice presidents from 1891 to bid, inclusive:
| President. Vies President.
DPI—P. Homs re (dec.) 11. J. Lowry.
1892— Robert J. Lowry ,..L. J. Hill.
1893— T71). Neal <dec.)....J. II. Porter (dee.i.
1894— J. If. Porter (dee 1,,George W. Parrott.
1895— J. W. English...W. A. Hemphill (dee.).
1896— W. L. Peel K II. Thornton.
1897— Frank Hawkins.George It. In-HaiiNNurc.
1898— Jacob Haas T. D. Meador.
U9$— I*. Roman* (dec.)....C. A. Collier (dec.),
190ft—Joseph T. Orme J. K. Ottley.
tzio r —<,..Raimt p. Maddox.
McCord.
1902— John K. Ottley.#..Joe
1903— 1 Thomas J. P«
1904— W. F. Mnnry.,
_____ ....Joseph i_ .
1903—Thomas J. Peeples......W. F. Mnnry.
-i <
Bloodworm (dee.).
George It. Donovan.
19V. Joseph A. McCord. .Charles K. Currier.
Mr. Thomas C. Krwln has been trc&eurer
since 1893.
Following Is a list of the Atlanta Clear-
_ Lowry National—Was Lowry Banking
Company.
3. Capital City bank.
4. Merchants bank.
HAVE YOU ANY MONEY AHEAD?
Is It Invested whore It Is perfectly safe?
Is It available now it FORTUNE should knock at
your door?
Prepare yonrself to take advantago of opportunity
by Investing your savlnns In this bank, where they
will earn 3V4 per cent COMPOUND INTKREBT. bo per
fectly aafo and available practically on demand.
CENTRAL BANKS TRDST CORPORATION,
CAPITAL
$500,000.00
Ass G. Candler, President.
W. H. Patterson, Vice-President. A. P. Coles, Cashier.
John 8. Owens, Vice-President. Wm. D. Owene, Aeet. Cashier.
6. Fourth National—Was American Trust
and Hanking Company.
6. Maddox-Rucker Ranking Co.
7. Southern Banking nnd Trust Company,
K Neal Loan and Banking Couipnny.
9. Third National—Waa Atlanta Stunt
nnd Banking Company.
10. Fidelity llnnkl
Ing and Trust Company.
NEW YORK BANK STATEMENT.
Now York, Juno 2.—Tho statement
nf ili«- New York iiMHocluto.l ImiikH f.»
tho week shown tho following chungca
llwrivm, liHTnn.il' $ 121,876
CHICAGO GRAIN MARKET.
Open.
WHEAT—
July .. fl$H
Hcpt .. 79%
Doc. .. 80
Cohn—
July .. 49%
gept .. 49%
High. Low. Clo
49%
Si
4^
opt
3l»|
DniPBN
POUR—
July ..16.00
Hoot ..15.90
LAUD—
July .. $.66
Hcpt .. 8.70
Orr. .. 8.66
HIDES—
July .. 9.06
Hept .. 9.00
5ft
8.47%
x •;?%
8-63%
9.07%
9 ofi
8.82%
CHICAGO CAR LOTS.
Wheat
• ■..in ..
ontn ..
Hogs .,
Todnjr. Tomorrow.
16.0
45,0
NORTHWEST CARS.
Following table give* tin* northwest r*rs
of grain today, last work and lait year:
I-nut haft
Today. Week. Year.
Minneapolis J72 ,{ 1“
Duluth
Chicago
13 6
PRIMARY MOVEMENT.
l&
I.onnM, ln< r«•;tm.■
Bpcclo, Inrrcaao., ««
Legal*, decrease)., .,
Deponlts, Incronae,, .
Circulation, dccrcawe.
2.152,400
2,124,600
997,900
4,019,300
COTTON SEED OIL MARKET.
mnrki-t, while
ndslljl, a* con-
Riiim-rN bur* a hand largely at
their prices and arc being supplied by de*
llvi-rli-s <»n *»M contract a for current wants,
which leaves each nominally mn-hangi-d but
steadily held. Nothing Is doing In crude.
hlc|| I* nearly marketed, 30%«- be In
Inal price. In .tbr
jr th*
There
STATISTICAL POSITION
07 COTTON JUNE FIRST
Following |e tho statistical posit!
cotton on June 1. ns tnsde up by th-
York Financial Chronicle, es roce|v*--
irlvate leased wire by Messrs. W
Poland:
Th!i
Visible Supply . 3.784.86
America “ ”
! American 2.236,h62
Crop In eight ..10,306,472
For week 111.779
Port receipt* ,,
Htocke
Export*
Interior receipts
int. shipment*..
Interior stocks..
10, "94.693 12,130,179
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. E. CURRIER, Preeldtnt. A. E. THORNTON, Vlee-Preeldent.
H. T. INMAN, Vlee-Preeldent. OEO. R. DONOVAN, Caihltr,
JAMES S. PLOVD, A„'t Caihler.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
169.4*7
130,614
547,186
141.914
65.594
85.821
lOQAU
''Seaboard Hales wars $0,000 wheat
and 136,000 oat*.
"Charters were made hero for 116,000
com at 1 l-4c to Buffalo, nnd 100,000
oats."
77,786
r.i7.v»;
72.9"t»
34,718
turn
270,787
108.120
47,172
83.340
68,4*2
291.278
Tli* following shows the primary move
ment nf wheat nnd «*nrn:
Wheat- ltci-4-ipt* 3O0.o>8) bushels, agsluet
319.000 IiiirIh-Ir laat year; shipments 230.000
gainst 161.o00_ bushefs last yc*r.
indicia, against 556,(Vm liiisbcf* last year.
NEW YORK COFFElT MARKET.
The following fabk gives the openls#
and dosing quota tlon* for rnffoo for futsra
Uellvsry today In New York:
mT«"
K.'hru.ry ,
M.rrh ...
Aj.rll ...
Mty ... .
July" :
August ...
Hcptembcr
O,
obsr
56.57 6.40*6.4
4 6.60 6.S04M
...6 65X70 6.*0X«
... 6.?)X80 6.«X7»
....6.76 6.86 6.704.71
. - 8.96-6.10 6.004.16
. . $.064.15 5.96400
... 605 6.15 6.004.61
. ,616 6.30 6.19416
, 6.20-6.26 CIM.9
... 6.80 6.40 6 264.9
. ... 6.40446 6.35410 .
SOUTHERN JXCHAN®
Oldest Established Office South.
tonov-—noca-
mnrket l.tl.r and market
mailed nn aprllcatlon.
LJ. ANDERSON 4 CO
Bankers and Broken,
COTTON, STOCKS, MUIR
Cormpoidufs Cifital DM,000
aKriacNCc. tmc nial ■ enen
HHONC I AIT. PaUOCNTIAL I
HUBBARD BROS. & CO JEm.
Atlanta Offices, 219-221 Century Build Ilia.
Member* New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton As
sociation, Chicago Board of Trade,
flualnee, solicited foe the above exchangee.
Direct wire eervlce. Correspondence Invited.
I’hone 154. Long Distance H. B. W Martin, Mgr.
MADDOX - RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
$200,000.00
$£100,000.00
COTTON, GRA
^ ^RO^Ista^.SAl^K^BONDS,
MfMflffS
tfv 1 Wall 31 . yrf#fij8s//gMg, Attaala, 0s.
CkUaf • fssrd «f Tra4a.
ClKsss Stack lacks*•«-
Sew fsrk CatIts lidwft.
i Ham Yctk. Nam Orlaaat. Ckitaf f C. C0THNAH, Waaaaar.
Standard Hm« 291
ACCOUNT! IMVITCO.
We sell the widely known and extensively used Circular
Notes and Letters of Credit of Thop. Cook «fe Son. •
In Our Savings Department we allow Interest if the Rite of 3 1*2 per cent
Compounded SemcAnnuiUy. *
PIEDMONT
(Incorporated.)
BROKERAGE CO..
Beeement Floor, Piedmont Hotel.
STOCKS, SOM OS. GRAIN. PROVISIONS. INVESTMENTS,
Feet Wire Service from New York, New Orleane, Chicago.
CORRESPONDENTS
M. J SAGE A CO . A * BROADWAY. NEW TORSO.
IDW MOTIF, Mmpr laaal and 01 llama a Iti’ tiff.