Below is the OCR text representation for this newspapers page.

S- MARKETS Edited by JOSEPH B. LIVELY Mr. Lively hna edited Markets in Atlanta and (lie South for more than twenty- five years. His experience makes him the most reliable market editor in the South if not in the entire couutry. GOVERNMENT REPORT ACREAGE AND CONDITION REPORT BY GOVERNMENT CONDITION 84.6—ACRES PUT IN COTTON 28,686,000. Market Responded, Scoring Sharp Advance After the Report Was Issued. Today the government report airenac and conditions was Issued. Traders were in considerable doubt .. to what the tlgures w ould be, nml in consequence the early trading was fev erish with trade active. V New York was the only speculative T irarket open for business, both Liver- ' mol and New Orleans being closed is a result that market reaped the benefit of the increase in trade that naturally follows the issuance of * ■ government report. Prl-es at the opening were Irregular, Initial trades being S points lower to 6 points higher, the nearby positions showing the decline, while the new crop positions were firmer with business ac- I "v 0, Freeman & Co., of New York, In giving early information on the '""The market is rudderles today and local traders are covering on the theory that the bureau will not refloct the tree acreage and conditloiia, and if it does the market has already discounted It. On the other hand, the leader of the bull party Is playing for a position, and If we have a break ho Is likely to ap pear as a large buyer. If, on the con trary, the market rallies on false fig ures there will be heavy selling, pos slbly from the same source, surely from the room traders and the counJry. Speculatively considered, I ask our friendB not-to sell tho rn&rket if it breaks, or buy it if It should Jump f "promptly at 12 o’clock the report was Issued. The local exchanges were crowded with out-of-town visitors, here for the purpose of being in touch with the wires immediately the report was Issued. They were a JolJy and good humored set of representative men from the out-lying towns, a majority being directly interested in cotton, either spinner or spot interests. The condition report was posted first, It read: "84.6." Last year It was 77.2. In about a second the acreage report was Issued. It read: "28,686,000. Lj9*f year's acreage, on June 3, waa 18,1*1,• ooo. The acreage was later revised, and on July 26 It was given at 28,999,642. "That’s bullish.” was the opinion of the entire crowd, though all agreed the acreage was too low; and, while tho condition figures wero considered fair, / n great many thought the condition was nearly 86. However, the market responded with a sharp advance, the entire list partici pating, and for a few minutes consid erable excitement prevailed with fluc tuations covering a wide range, but later the market settled down to busi ness in a quiet way, the course prices indicating that the report was discredited by tho best posted people In the speculative trade. By Private Leased Wire. New York, June 4.—After the publi cation of the report, business became active and prices advanced 13015 points. At that level, nowever, the list became very Irregular. The crowd figured the oonditlon as about right, but construed the estimate of acreage ns bullish. Room sentiment was very bearish, and as soon as the first wave of buying orders had subsided, strong pressure was brought to bear, forcing prices off about 506 points. Trade was the heaviest In weeks. Menrs. Ware & I/Hand, In their review of tli" rotten market today, nnr: * New York, June 4.—"The first government ri*iMirt of the season was received today find was hardly ns benrUh as many expect* "•I. in ninny respect■ the figures on acre* age were distinctly disappointing, while the rendition waa only al>out the ten-vear aver age ami m,t nt all such as would lead to lieavy short selling nt this season of the >rnr. Many were abort ou the expectation of a larger acreage and this started abort Myerlug after the report waa received. In * few minutes prices mu up If to 14 points, • f ?« r which henry selling by those who had covered eiiused a setback to within a few Mat* of the figures prevailing before the fl i; a re* were received. Them seemed to lie eon*hh>rable demand for cotton on the de- •Hue and It Is a question whether there Is enough hoar ammunition In the flrat go eminent report to cause very much of .. break, now that the market Is down some- •7 points on the new crop and 50 or 60 on I He,old, it la more tbanllkely that Liver* which win in itself prevent much of an idvatice. SPOT COTTON MARKET. AUniiM—Quiet at ilc. N-'iv York-Quiet at 11.20. V-w i irimn»—Holiday. I-1 vf-rpool—t lollday. Auututa-gtssdy at U 1-llc. Mvanuah—Normal at Hr. !*> t-nul.-sit.ady at llVic. < uurlritan—Nominal. RANGE IN NEW YORK COTTON. The following la tho range in cotton future. In New York today: „ Laar Prerlaaa , Open. High. I-ow. Hale. Clo.e. Cloae. June .10.47 lSg 10.47 10.47 K'.57-51 ia«-47 July .10.41 10.07 19.44 Mil IMMI lMdl £“*• low J).M 10.J4 10.42 10.4M0 10*4-17 10,» 10.45 10. J) 10.43 10.44-45 10.20-17 '■ft .10.21 10.50 10.20 10.40 10.40-41 10.20-27 A''V. .10.20 10.41 10.3 10.27 ln.41-43 10.27 20 JTn- .10.22 10.50 10.32 10.42 10.44-47 10.2041 J*u. .10.40 104, 10.7.4 Ml40 10.47-40 102445 ”>'• -10.22 10.23 10.7.5 100 10.47-43 1 0.3 4 33 “Ti- -1M7 10.53 10.45 10.45 10.54-80 10.43-42 Uowu lie rely steady. _ TODAY’S PORT RECEIPTS. The tollowias t*bl*. ihown receipts at the g™ today, com|.ared with the earna dey 5** Orleant f“ v a;»nah haltlnior* '**** HlladHphU "II*! l-'ranclaco Total Sfi 604 nm JS 3364 f» By Private Ie«u»ed Wire to Oiliert A Clay. Orleans, June 4.—The rrofl reporjfng board of th department of agriculture. from the reports of the correspond* bureau, points the total acreage planted to bo about Zs.vm.o*) about 1.(86,000 seres, or about 6.f per cent as comtuired with t uge planted last year. *venige condition of the growing crop on May 5 wn* 84.6 as compared with 77- per ceut ami « per cent at tho corresponding dates in 1906 nful 1904, X e “^,*vernfe of 84.9. of average In the different states of the United States as compared with that of last year; Atsa plai!«> d :m 1 to bo Condition sa com- planted In 1306 as com- pared with prom States— Virginia North Carolina . South Carolina . Georgia Florida Alnbama ... ... Mississippi Louisiana Texas ■ ... Arkansas ... ... Tennessee ... Missouri , Oklahoma ... Indian Territory United ptates .. i'llP’d With that plant- l«*e of a full ■ cd In 19T6. repres’t’d by 100 pc. Per rent. I>r ceut. NEWS AND GOSSIP Oi the Fleecy Staplo. Trlvate Wire to Olberf Sc Clay. New York, June A—Price brokers bought July on opening and are now trying buy at 11.52c. They are buying the t crop mouths. f£r their fall by most market observers that the reces sions In prices In heavy brown sheetings and print cloths fully discounted the oe* Hlne In cotton, and It was evident on Haturdny that quite a considerable business had been done on the lower levels. Prom all that appears thus far, the demand for goods from the country in general is steady i and healthy with every promise of a main tenance of normal conditions for the com* ling few. week*. There has been a larger export trade In printed goodf than wasi commonly supposed, figures given by print ers and some jobbers on Saturday showing that tho constant small sales had totaled I very handsomely for the^month of May.M New Orleans, June 4.—The Tlmes*Dcmo* erst herewith presents the first of Its re port* on the cotton crop of 1906. The con sensus of oplnlou points to the following results: First—There has been a moderate In crease, nrotably about 5 per cent. Second—There has been a considerable In crease In the use of commercial fertilisers In the sections where they are commonly used. Third—Abnormally low temperatures have retarded the growth and made a good deal of replnntlng necessary. Fourth—Complaints of lack of labor are Western forecast Indicates partly cloudy weather with probable showers tonight and tomorrow. Beer-Cowell cables us; "Looks like sag ging near 5d during present mouth.” PIEDMONT BROKERAGE C0.'8 DAILY MARKET LETTER re.. Jnt that center, and being government report day, particular attention waa paid to cotton. After opening from S down on the summer mouths to 3 to 4 up on the new crop options, an Irregular market followed, but with strength gaining up to the lime of the government report. An advance or 10 points waa made In the new crop options orer Batunlny night’s final figures. After report „ . or It per ceut Increase, and nn average con dition of 34.6, against a condition of 11.2 last June, and an svarage condition fori tho paat ten years of 64.9, the market bad a sharp upturn, and shorts dubtallod and ran to cover. We consider the rejwrt a very bullish one, as the condition from now on will show a detlorntlon from month to month. Block.—Th,r. ticiDf on foreign msrket, tmlny, oar opening on the .took market wa* itrong, .ml ncUrltr w** cll.pUrwl along the entire lint. St. Panl scored a abarp ailranco In the flrat hour, which aoon apronii to the ent re llat. The martin* up K m-*, waa continued In apedallata that ■ re lieen under manlpulatlre control for pome time paat. The report; regarding the financial arrangemeate of Hr. Panl too; ■ form that rlfhta rerr Yalaable would SPatlraclIre to atockhofdcra healdea the 'new etock laaue a conrcrtlhle hond would alao go along with theae rtgthta. The ran- tinned proaperlty and actirlty in the Iron and ateel fraile. and the ateadjr adranre of outalde metal atocka renrlacM ua that ithe adraae. will extend to the Lnlte4l played In the coaler aharea. Wa are In a anraklng hull market and an outburst of bullish entbualaam may break out at any moment. Cotton Scad Oil Market. New York, June 4.—The market for cotton need oil waa quiet at the open ing with pricea about steady. Trading continued dull and narrow, with of fering* light. The undertone, however, waa firm, owing to the etrength on other oils and fats, and some apprehen sion waa felt regarding the sorernmant report on cotton, which will be burned during the week. Fluctuation* during the week have amounted to almoet nothing for old crop month*, ana about 1-4 to l-Jc lower for new crop deliver ies The only apeclal feature durtng the week haa been an Increased dU- poaltlon on the part of the cereal mill* n some sections to sell new crop crude. The market at the cloee waa l-4c low er to l-4c higher. Aa the eeaaott ad vances It become* more and more evi dent that stocks are concentrated In few hand*, and that there can be no great decline In cotton seed oil even during the dull period*, and that just aa aoon a* demand again makes Itrelf felt price* are apt to advance rather sharply.—Ware & Lcland. INTERIOR MOVEMENT. Memphis ... Bt. Louie .. Cincinnati . 120* GIBERT & CLAY U C. ALABAMA BT. STOCKS. BONOS* COTTON. GRAIN* COFFEE. PROVISIONS ATLANTA, OA, JTort Stock ExrhsnjrelNVn- Cotton ExHmngo.Nf* OrWana Stock Lxch*r.*" Urerryooi Cotton a Coffre Ki-b.ug, ptew Orleea* B->*rd of lr.d- '.alrc'-on cotrno I’rlr.te YYIrra te a'J Eichau*,. Lseel and Lena Distance Telephone 5296. W. R. FAGAN, Menaner. fzi PROGRESS OF COTTON CROP DURING LAST WEEK The Commercial Appeal, Memphis, in Its review of cotton crop conditions last week, says: "Itejmrt* for the week tell of very oral Improvement. General rains have . eflted those sections Which roinplnlued of drought, have favored the advancement of the old and the coming up of the replanted cotton, bat except'In n few sections these rains have not naan heavy or umosm ami have not Interfered with cultivation There are aome reports which may quite by a few localities, which are _ general average of advancement. m "Portion* of northwestern and centra Mississippi complain of excessive rains and hall at a few places In this area is re ported. Other sections of the state are very promising. Some complaint* of rain come from the lowlands of Arkansas, and a few points In this state have had hardly enough rain, hat the Arkansas reports aa a whole show marked improvement orer those of last week. West Tennessee has been much Improved by rains. Those sec tions of Northern Alabama which wero damaged by tho frosts report a more hope- ful outlook. Jn aome places tho stands are yet poor, but all cotton is making good growth. "Over the area reported upon it is usual for correspondents to report that the plant Is making progress, and while aome un favorable Influences ore detailed, the. that the plant is healthy. Early week there were a few cool nights, were favorable to Uco, but the cl—. the week found the temperature higher and the lice disappearing." The New Orleans Picayune In its review of the week says: "There has been .good progress made by the cotton crop daring the past week. Rain haa been comparatively light, but suffi cient except In a few Instances, and all cropSjtJbnt particularly cotton, havo been "In 1/oulslana the cotton prospects are now said to be quite ns favorable as they wero unpromising last year. , Tho stand is good, and the plants are growing vigor ously. Although slightly behind the aver age date In tho matter of growth, tbo cot ton fields are said to be uncommonly clean, and well cultivated. An uncommonly fine corn cron la proinlred In Louisiana. "In Mississippi the post week has de veloped nn Improvement In nil crops, par ticularly cotton. There has been a suffl- olcncy of moisture, and In some places too much Is reported, and the crop Is now growing nicely. While tho plants are rath er backward, compared with an average year, nml stands in aome plsces sro re ported Irregular, the fields are generally well cultivatetl and free of grass." FELLINcToPTIMISTIcr IN THE WHEAT TRADE Chicago, Juno 4.—Tho Rccord-Ucraltl says: "With tho paaelng of tho Texas wheat harvext, without unfavorable In cldent, there la a feeling of optimism In the trade. If la tho assumption that the winter wheat crop Is made and tho effect on tho market tone at the mo. ment la almoat aa depressing as though tho grain were already harvested. "It require* but a short look back ward to demonstrate tho fallacy and danger of this Two years ago the most magnificent crop promise that Kansas ever had was reduced to a mediocre yield by rains that began aft er the wheat was actually ready for the reaper; In fact, the earliest had already been cut. "Just at the moment the tendency Is to iook at the easy going side, assume a normal harvest, and then look at the effect of such on the market sit uation. It must be admitted that, as suming all this, there Is little to attract a buyer of wheat who expects large profit*. The situation Is vastly differ ent from that of a year ago. At that tlm* the wheat bins of the country lmd twen swept clean to supply high-priced wheat to the Oates manipulators. Har vest* had also been disappointing In Oklahoma and Texas, nml millers In these states have alncc drawn steadily on more northern territory for their supplies. 1 *—Olbort A Clay. THE DRY GOOD8 MARKET. By Private Leased Wire. New York, June 4.—While business waa not active last week, more anima tion has been exhibited than heretofore. The demand has been mainly for fall and winter fabrics, yet there has been a moderate movement In those for use during the present season. Prices In teneral have not changed, but there ise been something of an easy feeling and a few articles have been reduced. Brown muslin. Great Falls, E 7 *-4e; Great Western, 7c; bleached muslin. Wamsutta, 10 l-2c; fruit of the loom, Sc; Lonsdale, 7 3-<c. Prints, standard dres* styles, 80 E l-2c: American shirting*. 7: mourn ing, S l-!c. Dress fabrics, D. D., cash- mere, 37 1-ic; F. F., il 1-lc. Outing flannels, Newton, 4c; Osnan- burgs, 4 l-2c; Teasledown, Ec. Tick ing, Hampshire, «c; Norwold, 7 J-4c; Old Kentucky, 11 1-lc. Olnghame. Amoekeag staple, «c: Amoekeag staple, A. F. C., tc; Lan caster's staple, 4c. Cheviots, Everett, T l-2e; Shetland. 1-lc; Imperial, 2c. Plaids, Alabama, ( l-4c; Geneva, l-4c; Tuxedo, Ic. Denims, York D. D„ 12 l-2c; Prox imity, lie; Dragon D. D„ »c; Kentucky, l-4c. The Live Stock Market By Private Leased Wire. Chicago, June 4.—Hog*—Receipts to day 42,000. Market weak: quality fair; left over 3.154; bulk 18J21-204.40; estimated for tomorrow 14,000; light hogs14.740 4 40: mixed 14.2004.411-3; heavy 24.100)4.43 1-3; rough 34.10.) 4.26; pig* 44.2004.20; yorkers 14.237) 4.40;^ good to cholc* heavy |4J«0 * Cattle—Receipt* 20,040. Market steady to shade higher; quality fair; Mr« 14.1004.10: cows *1.7004.40; heifer* 42.5O0E.OO; calves 15.0007.25; prim good steers 2E.2S04.lt; poor to AT BETTER PRICES ADVANCES EXTENDED TO 1 PER CENT IN SOME ISSUES. Commission Houses Reported an Improved Business Through out the Country, RANGE OF NEW YORK STOCK MARKET By Private Leased Wire. New York, June 4.—A broader and more active stock market, with ad vancea all through the list* came aa a naturjU response to the more confident feeling noth. <1 «t th<» of lust week. The feeling waa baaed, aa waa quite generally anticipated, upon the ilroliliMl Improvement necompllshed lost wtk in the crop country, and upon tho growing ease of money. Both of theae points wero emphasized by the developments thlq morning. Call money loaned freely at 3 1*3 per cent, and tho banka started the week with n good-sized gain at tho sub-treasury. The market without the usual lead from ahroad—London being closed over the Whit Monday holiday—-opened higher, with particularly sharp ad vances in Smelters, Colorado Fuel, SL r.i-il and 1'nlon l\u Itle. Hard«-nlng of prices continued without Interruption during the rest of the forenoon, and while trading w*as not very active, It was still much larger than tho average for last week. The only exceptions to the upward movement at the start were Pennsylvania and the Copper shares, the latter on professional dis appointment over the annual earnings statement printed today. But the cop per issues were well taken on the de cline, and rallied smartly later. In the stock market, opening prices showed general advances, extending to a point in St. Paul, Colorado Fuel up 3-4c; Anaconda, Missouri Pacific and American Locomotive l-2c; New York Central l-4c, and Amalgamated Steel and Erie up 1-8 per cent. Important buying that has been In the market for the last few days was in evidence again this morning, and a numbed of stocks were taken as of fered at advancing prices limits. The most prominent features in the early trading were St. Paul, Union Pacific and Colorado Fuel. The strength of Colorado Fuel seem ed to be on orders to accumulate the stock for special purposes. Amalga mated Copper was offered down to 107 5-8, after tho publication of the report, but bear traders were sur prised by tho appearance of a brisk demand, which carried tho price to 1091-4. Commission houses reported an improved business, with a moderate accumulation of buying orders over Sunday. Governments unchanged. Other bonus steady. Amalgamated Copper ,7 Atlantic Coaat Llue American .Sugar Iteflofug...,., Anaconda American L<»coiuotlre .....I.II.IIir.II. do preferred...,.,. Arat-rlcnn Hnieltlng Keflnlng do preferred Atchison • , do pro ferret Amrrh'un Cotton OU Baltimore nml.Ohio Brooklyn Rapid Transit Canadian I** el fie Chicago nnd Northwaatarn riie«npf.ik" aud Ohio Colorado Fuel nnd Iron do preferred Central leather.. Chicago nml ({rent Western Chicago, Milwaukee and Ht. Paul Delaware and llndaon lUatillcr'a Securities.. Erie I do preferred..... General Rlectrtc lllhuda Central American lee Securities Ixtularllle and Naahvllle.......... Mexican Centra! Mlanouri Pacific..-..,,,.... New York. Ontario aud Weatern NpKtf«n» M I’oople’a Oa*.... Pressed St*-el Car do. preferred Pacific Mall Rending Republic Stool Rock Island *> do. preferred.. do. preferred nioNH-ShefrieM ToniiPiace Coni nnd Iron Texas nnd rnclflc Union Pacific... United SfnfcK Steel.............,...,,......,,.*. do. preferrod..^....^... Vlrginln-Carollna ChemT&ai Wabash do. preferred. Wisconsin Central do. preferred STOCKS REVIEWED BY NEW YORK SUN medium 34.1006.20; stocker. and feed ers I2.7B04.7B. Sheep—Estimated receipts 20,000. Market steady; quality fair: native *3.4004.10; yearlings 28.70©8.80; lamb* *8.25 0 6.70; weatern 15.25C8.70. --Do you demand tho custody of the children7“ asked the Judge. --Well,-" replied tho lRdy who hod sought the divorce. “I do not exactly demand them—but—but I would bo willing to agree to find a boarding dace for them."—Chicago Record- Urmia. Now York. Juno 4.—Tho Sun »ay«; "Fluctuation* In price* In the Mock market last week were almoat upon a dead level. Tho Irregularity which had, a* was declared, made ft good -trader*’ market" In the preceding fort night, disappeared, nnd In their placo there prevailed on almost complete apathy In speculative and Investment temper. Dealings In tho market wero not only strictly professional, but con fined to a limited portion of the pro fessional element, and there Is llttlo doubt that If operations for tho ac count of two largo commission houses In Wall streot of tho ultra-spcculativo order had ceased, business on tbo stock exchange would havo been nlmost reduced to tho vanish Ing point. Whllo tho stock mnr kel WHS perfunctory nml uninteresting, It* undertono was unmistakably strong and Ann. and at the close price* were higher than at any time since tho Hnn Fruncl*co disaster. In the largo com mission houses, tho belief was still held firmly that the teudenry ot the mat Itet was upward, and that conditions In tho country inado for distinct cheer fulness regarding the general situation. While tho nll-lmporlant factor of the crop* yet remains In suspenso, every thing on this point,thut ha* boon so far made known Is favorable,”—al bert 85 Clay. HAVE YOU ANY MONEY AHEAD? Ii it Invested where It Is perfectly safo? Is It avallablo now If FORTUNE should knock at your door? Prepare yourself to take ndvnntngo of opportunity by Investing your savings In this bank, where they will earn per rent COMI'OI'NI) INTEREST, bo per fectly safe and available practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL - . $500,000.00 Ami G. Candler. President. W. H. Patterson, Vice-President. A. P. Colee, Cashier. John S. Owens, Vice*Preiident. Wm. D. Owene, Asst. Cashier. eorltr llat growing out of recent trading condition*, nnd notwithstanding the mixed character of- recent* Influence*. It would ap* pear that praralllng sentiment Is against a lower market. The attitude of larger op erator* nml Interests has not l»e«n declared In favor of a akrnuger or higher market as far na surface lndlcittlon* cuuld give dem onstration. hut ou the other lmml, there has been little evidence of pressure except PROPERTY TRAN8FER3. IM60-B. Mifflin Hood to Mrs. L. I. Hood and Miss IL L. Hood, lot on Ashland n\ . inn- \Vnri mi v .h .-I, Wbltehrnd. lot ou Lawt rnnty di-cil |7W—D. II. Butler to JL M, Atklnsoh. V. P. Joseph A McCord, Cashier. Frank Hawkins, President. Third National Bank Capital Surplus $200,000.00. $300,000.00. DIRECTOR8I Frank Hawkins. H. 31. Atkinson. B. Joseph A. McCord. Ha LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. Rnbt. F. Ppann. lot on Isonslng street. Warranty deed. SL500—Androw-IJndenfeld to toe Moelety of tbe African Missions of Baltimore Cltjr, lot on l.**e street Quit claim dei-*l. tfffr-IClln F. Bussey to Walter Turner, •- 1 Curran street. Warranty deed street and Angler avenue, buin deed. |K*>-William Dobsou to Lunauna Kcbols, lot In town of llellwood, laud lot No. Ill Warranty deed. buildincTpermit8. ISA—B. II. Roscrrnns to hniM addition to two frame dwelling*. 91-98 avenue. 12,(W—Jaa. K. Drawn Co. to hulhl add I- th*n to Utilldlug rear 41 Decatur street. % N<-w < n*-»I*- * ii i< - '-’i '-'li I" build frame church, Lovejoy aud llan- olctrtt street. 6400-Miss licit Psrkell to build and odd to frame dwelling. 93 Hunnlcutt street. 1700-W. II. Alien to build two one story frame dwelling* rear 147 IL Linden avenue. 660-It. M. Freeman to recover frame dwelling, 25 Dover street. 6SO-CL T. Coggins to add to framt dwell log, 3(6 Cooper street. 675—Dan Goragban to build veranda on frame dwelling. 0044 Illlla avenue. 675—Mrs. L. A. Clement to build and odd to ous-atory dwelling. DEATHS. Hugh Christian, Infant, died at <66 Wash (ngtou street of Inauition. Margaret Derrotte, Infant, died at 103 Connalty street of peritonitis. Ruth B. Wells, lufant, died at 61 King _ jreet, of congestion of the brain. Lucy D s Wynne, aged S3 years, died 111 woodward avenue of consumption. Mias Kalla Wilson, 43 ysara of age, died at Macon, 0|h of tuberauloaia. Bva Pearl Hetties. Infant, died at 496 Payrnon afreet of efcorffS Infnutnm. lufant of II. H. Ktheiey died at Bolton, Go., of dysentery. TIPS FLASHED From Wall Street. Private Wire to Olbert A- Ch New York, Jim.- » Purttici Ing la likely In th< a to* k r The general llat apr«ears fo Irregular ftnprovenn nt Is arid leg*, with specialty leadership ent advances. s.»n n|.-.i . in atiM'krt sbouhl be n gotwl time continue conservatively bulll - - — v uptown | press themaelvea aa entirely couth iirtcen in the stock market thi* r he generally upward. It Is polutei] S fter two week« of dullueuM, sue nve hnd. with Intrinsic cunMItlnns a substantial Improvement during period, the stock market should begin to reflect In a more pronoun ner nueh a condition of affair*. 'I nlcal positions are regarded a* sound, nml experienced operator! that the uhaence of liquidation lu greo worth mentioning ilurlng lortnlght clearly deiuouatrata® the In which atocka are held. There are limited offering* of sto waa fully demonstrated Saturday. There la a large abort Interest. Among th» io*r purchases for turns at pn --m 'imuid i>« Included Union Pacific, Amalgamate.! < "p per nnd Louisville and Nmdivlue. The t.liv ing of these stocks lately have been good. There are aome Indication* of early Im pmvement in the ateel jssuea, which hare been tipped for aereral tlnya. A* s«»ou as the Atchison PQp! Is wUltng f-» tnk.* fh** 00 level sto<’k reported by a spacinllafa ns constituting a check against mproreinenr. we believe that laaue can be put up m-vernl (Ntlnta without opposiUon. u in said that Fuel will not meet any great amount t»r •tuck until It reaches toward 90. Private Wire to Ware & Lelnnd. New York. June 4.—Dow, Jones Sc Go ’s summary of Mat onlay's market: London market closed today. Light demand for stocks In loan rrowd. President ('saaatt, of Pennsylvania, r*» turned front Korop* and ready for search- at Greene oppei min Hlxly-one ronda for April show nn average net Increase of tU per cent, and for ton luoiitlaa 15.49 per rent. Twenty-nine honks report Inerts/.* of loaua In bank aUtcment. 1 (linkers expect early return of practical ly nil gold scut to ’Imero. Isoiidnti maintains money rates with dif ficulty. Twelve industrials advanced V per cent. Twenty active railroads advanced .m per cent. Town Topic*: Nothing has d Huudsy to chock the upward i Uer way nt tho close of Ia%? week. Tho mousy 'ns yet la igh money *Ha yet Is fomperatlrcly dear, nil Indications point to cnsler conditions beforn long, and w« expect a continued ninrrim-nt of funds In this direction from ’Frier,, to have Its effect lie fore the close of the week. Bearish nrgumont* arc not very numerous, and tin* shorts seem to ln> r»-l\ - lug entirely upon continued high money and the possibility of further borrowing by railroads. The market, however. xIioo'h sufllrlpiir stohlllty to Justify traders In taking the long side !o tho event of any attempted drive by tho be/irs. In oiir opl» Ion the strength In Mt. Paul I'nrrled n goo<| li-al of i Ignlflcnnco with It. nnd we expect this stock to sell much higher. Profe*«i.in i nr* likely to dt ■mlnot<* the nmrki-t for " iiiI" J"iigi-r. Lilt , ,-uiInn-iit among tills element Is more hcnrlsli than olherw Ine. s buying of Union l*aelfle and Anml- iisti-d continues excellent, particularly In the esse of ('upper, nnd wo ndvlm* tie II pm* I ;.il /s.»tf *»poIh .\t>-|iImoii will shortly become one of the market lend ers. wlilli- Northern Pacific will Im lot. to hell* Interest and the markot'i Is benltby. Among the Indu vise the purchase of Furl Locomotive. COTTON 8EEO OIL. Opening (iosi THROUGH SLEEPING CAR LINE TO Wrightsville Beach, N .0. Commencing Saturday, June tbs Dili, and contlnulnit each Saturday during tbo montin of June, Jnly and Au- guat, through sleeping ears will be op erated, delivering pssKjigers at the hotels at Wrightsville Reach, leaving Atlanta at 9:SS p. m.; returning, leave Wrightsville each Thursday, arriving Atlanta tho following morning at 6:30 a. m. Season tickets tlS.SS; week end tickets, good for five days, $8.25. SEABOARD. "The venture doesn’t seem to be panning oat,** remarked the first schemer. "No,” th* other admitted, "there It ouly on* way that w* can meet success In this thin*.” "And what la that?" "Avoid meeting our creditors."— Catholic Standard. July r.7y.i!. ii;'.#*, fieplemher :r74.iis yySw Octnlier ss'.'ifflii Noremnsr 7 y.,— kiJAm'., NORTHWEST CAR8. Follovlns table ifirea the nertliw of h'llllll lud.lj , 1.,., t ,M-k nii.l III,l Minneapolis . I math ,.*,.i Chtcsfo ..... NEW YORK COFFEE MARKET. Tbs foUoartoff tiblb sire, and closing quotation, fur SOI dslivsry today IB N*w York: J«nt» lehri March ... ... April W June July ... ... ... August Hvptembtr ... October ... ... Nowmbar Nnvvmtwr ... Closed quli-t. rioa*. r, if, rt L r , h 4.(n V6 96 , % m io a.nr, iigstiW . h ir, k 06-6.10 ; : in a is «.iR-6.20 , ;i f. 4 2T# f. •-'0 0.30 t 6.40 >.45 SOUTHERN jXCHANGE Oldest EatabUshed Office South. COTTOH—STOCKS— BONDS —OfiADl Oround Floor Gould Building. Dally mark* t letter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 aereacNCC. the ncal bank PHONE MIT. PRUOaNTIAL BLOO MADDOX - RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS 5200.000. 00 5500.000. 00 ACCOUNTS INVITCO. We Fell the widely known nnd extensively used Circular Notes and Letters of Credit of Thos. Cook & Son. » In Our Saving* Depirtment we allow Intercat at the Rate of 3 1-2 per cent Compounded Semi-Annually. New TtlL »«» OrlflM. C5/c.„ WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Ht. i nt SI, Fftm BtUllm. Atliili. Ci. miliBWS Btw Tut C.U.. lilh’jr Chili hirt .1 Trill. Oil...■ Csff.i Clihrgt. Ch nil 5t«t hi».i,f Hurt oil Ct.cn Hllirnllit St- Tirt Cslltt Pr.iilt n.rei to Hi* hrk. Hi* Or'.llhl. Ck'clil. B C COTHKIH. Ki-iair. 1247. JliitirtPlMllg PIEDMONT BROKERAGE! CO., (Incorporated.) Ba*em*nt Floor Piedmont Hotal, STOCKS. BONOS. CRAIN. PROVISIONS. INVESTMENTS. Foat Wlro Service from New York, New Orleans, Chicago. correspondents M. J. SAGE A CO.. 42 BROADWAY. NEW YORK. tow. HOTZt. Ma*ta'r. total aid Long Dlilanct Balt flaaa 1391.