The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 02, 1906, Image 15

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( 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.