Newspaper Page Text
11
;
Edited by
JOSEPH B. LIVELY
flTCOTTlM
I 111 MEM.
FUTURES OPENED AT A GOOD
■ advance.
2 to 4 Point* Lower—New
York Dull and 81ightly
Higher.
JJuinl wltb the actlou of the
K rkrttWa niornlnir. prlj-o* on tM "P-''-
- nilvBucc* of from 2 to 3 point*
, A» that market wft. noa to
F H iKtints lower on July and Anmit
rfS^nnchann’d on tin* other*, the showing
tlm start highly eneoantRlnS
“bolder* o' fontrm t*. The nrnrkot ilos.nl
It?ll reth* riitVinatorlnl. however, that
t'JUde of the .eonthlooE
CsplSllJS «“t“a ipiina"if'"« : mid-
nr >fe*r" vorjimarlnt openad unrhoiwed
B i l nolnte Ulkh'T. A full reapooaa to
LioS-a atrwetJl should have l**en an
of 4 to 8 point*. The tone Wftft
KJk with aeUlnff gEjrftJ with little sun-
2rt and n derune of a few points frd-
tf.irt- hut. on commission house and New
JCSnahUylllf. early aeller* Started to
SSSi and a email mlly took place.
tittle strength tvn» shown. I rices
“Sifldaywere I point lower to 5 points
kl wi'th the exception of n heavy wind nnd
h*H atortn In oSlnhoma nnd tie aonthern
S hoot the terrltovlea laat nl*ht, wMeh
J?. report™* to havo done eonalderaWa
imft-rM cotton, the weather contlnuea
!irB , r.* 1 hu"i , The' n ,r^, i K C'f' ,, l,r!cerr,-
iszrsAmsszx 7»
ns issued by the agricultural de-
Mrnm*nt at Washington, nn«l ns a result
femrrwntstlve KHernee, of South Caro-
nni r introduced yesterday In the house of
mmentStlvM *resolution demanding that
the rejmrts on which this estimate was
Vm ’w"th«t CO e n «?e’“'on tho niarkct.
iiiivpvrr It could have no effect prior to
aa hweaUffatton, and then very little unleai
luaeeanteyr 1 Y*J^*”ommerelnl, eommentln*
on the (tovernment acres ye ttsurea. anya:
••The government aerence ilBurea j n
aonie .leyree peculiar, altbouith they repre-
E nt only the average Idea. They show a do-
rtvaae of 1 per cent In Tennessee and
houlalnna. whins private reports had failed
to And any^oss In ncresjje, and iww M
Increase In Oklahoma of 36 per cent, and In
IiiiIIhii Territory of 15 per. cent. If
It had not been 7or this remarkable increase
lu the territories—where a ereot deal of
etten land has undoubtedly been put Into
grain—the total. tnereaar would have lieen
only nlKiut 4 per rent over hi at year. The
government guMui mad* an Increase In acre-
an la Texas atnl MlsalaWpd of 1 per a«v
lu Arkansas and Cleorcla nf « per ewnt. lt
the Carollunt nud Alaluimn of 5 per cent,
and In Missouri of I per cent. *
The artnl-weekly movement nt the In
terior towns Is as follows:
Iteeelpta. 12.107, against 22,966 last year
anil X.222 In 1M4.
Hblpnients, 20.488, against 30,291 last year
"mock* 5 174,197?' against W),1I3 last yenr
aud <6,141 In 1904.
SPOT COTTON MARKET.
Atlanta-Quiet. Mfte.
New York—Quiet. 1I.S9.
Near Orleans-Qaiet, 11 13-18e.
Uverpool—Htesdy, (.<8.
AiiguKts—Steady, lie.
Davannab—Qnlet, 1074c.
st. l/oils—(julst, lie.
Charleston—Qalet, 19He.
Wilmington—Steady, 107»e.
RANGE IN NEW YORK COTTON.
The following la tho range In cotton
Mures lu New York today:
Lair Previous
Open. High. Low. Sale. Close. Cloae.
Jane .M.M t0.lt 10.is lt.il 10.5132 10.M-4S
July .10.11 10.61 1 I lo.M-57 1U.49-80
Aos. .10.41 I0.a J0.X7 1*>.47 98.47-41 V.4M2
Se|it . 11.31 10.14 10.31 10.31 903848 10.32 34
net. ,10.1! I0.3X 10.24 10.27 1 0.36 37 l".3t-32
Nnr. .10.27 10.27 10.27 10.27 1 0.36 33 10.29.30
I tee. .10.11 10.41 10.31 10.41 10.4081 10*480
Jan. .10.17 10.46 10.25 10.45 10.43-44 10.37-M
10.43 10.40 11.43 10.438* 10.37-39
Heh. .1-1.46 10.60 10.43 11.50 10.5334 10.46-47
Closed steady.
RANGE IN NEW 0RLEAN8 COTTON
rotten futures ranged ns folluws nt New
Orlratis today:
1st st rrevlout
Open. High. I«w. Hole. Close. Close.
.10.64 10.64 10.64 10.64 10.74-7* l‘>-63
.10.73 10.82 1 0.63 ]n *1 In. SUM 10.75-76
aos- .10.44 10.44 10.41 l'i.44 10.(133 1"»80
Sejtt 1-1.37 30 18.38 35
**el. .10.3 10.28 Kill 10.27 lo.at-27
Net 10.27-29 1 0.24-25
loc. .10.25 10.32 10.21 10.29 10.29 30 10.27*22
Jan. .10.31 10.27 10.31 10.36 1 0.36 37 10.35-36
Hell. .10.38 1038 i'o'.B i'o'.is lb'.46*87 ib.4384
Closed steady.
LIVERPOOL COTTON MARKET.
Liverpool, June 6, 12:15 p.m.—Cotton,
•l*'t. dull, with prices easier; middling up*
land*. S.9Qd. Kales. 4.000: American. 3.400;
Prrr.
Op'ff. r’og®. CIn*®. close.
F \ fJJt M K T7 r. £11
..>74-5.73
6.74-5,75 6.71
6.74 3.75 .5.7;
July-Aug.
Aug.-Kept.
Nept. Ort.
bft. Xor.
Nov. IhH*.
Inn-.-Jan.
Jsn.-FVl*. St.....«*•••,« 0.00*
*>|» March 5.M
5 *« 5.68 6.71
e e 5JM.I7
(MU
6.66-6.67
6.66-6.67
t'lo*4il Btmdy.
TODAY'S PORT RECEIPTS. k
Th« following tnhlw shows rscoipts nt tbs
jjjti^todny, compared with tbs soil* d«y
1906
1909
Orleans
'•sht-Bton
^'►hlle
Nrsnnah
JTiarlestnn .,,,,,
WllmingtM ...........
^nrfolk
Bsltlmor®
S** York
***»ton
gMhdelphto, 7
Townsend ....I..
iss:
212*
tit
2433
30
4ft
365
1
45
5315
6307
79
274)
20
247
1522
iiis
Tftt.|
6577
20404
INTERIOR M
0VEME8
IT.
— -M
1906 | 19fi6
Houston
pH: EE::::::
^•Mnnatl
Total
r ■
1911
IS
106.1
137
2573
2543
2ya
A
326
r JS> 4
NEWS AND GOSSIP
0* the Fleecy Staple.
fall Khlpmont,
Private \V1
N>w York. Juiii* 6.—Th
undertone ttperlallr for
He cautious lu Bi lling.
slderablo businoss doing
and each Ueclluc rtoulta In fair
uimitK.
There hna been very good buying today
by go.Mi housod.
New York. June 6.—Th® Journal of Com
merce says: "More buyer* were In tin
market for the day. awl while trade wni
'll
The’Jobbing houses drew* a steady trade’
nnd In lwvnie instances there was a better
demand at first hands. A moderate demand
was noted for printed g«**dn for fall de-
livery, nnd those houses that have special
fall styles to offer are finding little fault.
I>oincstlcs were In better call lu some
houses and blenched goods were sold more
freely. DenluiH sold freely to nmne western
buyers at price* that showed but small re
cession front the top figures of the year.”
New Orleans. June 6.—New York Is flood
ing this market with bullish dope. Tnder-
tone^iero very good, but trade very light.
New York wires ns follows: “We doubt If
It I* advisable to follow the decline. Market
oyisraold on now crops.*’
Western forecast Indicates partly cloudy
weather with probably shower* for nlmost
all section*, while colder weather Is pre
now In progress expecting a ,
Business, however, exceedingly uuiiL^H
Hnrvle Jordan says, according to n Times-
Democrat special; “The finnndnl strength
of the South, the closer cooperation of the
people nml heavy cousumntlon of cotton,
with good prices for limutirnctured product,
will certainly maintain prices even at a
minimum of nine to ten cent* per pound,
with even an extraordinary yield from th*t
area planted.”
A speclnl from Washington. D. C., says:
“Itepresentatlvo Ellerbe, of South Carolina,
IntrtMlueed a resolution charging that the
cotton acreage report exceeds the amount
actually planted, nnd 1* not warranted from
the return* received by the department
from Its corps of correspondent*.'’
Private Wire to War© A Iceland.
New York, June 6.—Rombny receipts for
the half week were 18,000 bales, against
32.000 last year.
Weld was a seller of December around
10.34.
July wn* picked up quietly here on the
decline. Met addon & Hr«». arc said to have
bought that month nml October all day.
Liverpool cables: “Market quiet and
steady. #
The storm over the Territories last night
appears to be a serlon* matter,
acreage had been put In In that boi-uvii,
the government estimating on Increase of
26 per cent lu Oklahoma and 15 per cent
In Indian Territory. Prospects were so
flattering that railroad officers recently es
timated an acreage' of 2.000.000 and n yield
ot 800,000 baton for Oklahoma alone. If
the damage to yonng cotton Is ns serious ns
press reports say. It will seriously affect
■ 11-1»««i in mi » . it wii
this season's total yield.
PIEDMONT BROKERAGE CO.’S
DAILY MARKET LETTER
Cotton—A stronger Liverpool opening, but
with smaller snot sales there, nnd futures
tip from 1 to 3 points, whereas they were
duo to come down t to 3, caused n better
opening In our market- Soon after the
opening n weak spot developed and tho
room bears hammered prices, but soon
found that there wns very little cotton for
sale. A sharp rally of 10 points In the
summer months, which also extended to
the new crop options. Anybody who hns
given the slightest attention to the techni
cal situation knows that the South has
been selling the distant options for som%
time, nnd they have been encouraged, too,
by the collapse of tho Mny nnd July op
tions nnd the generally favorable weather
In the Houth the past ten days. A large
short Interest exists In tho new crop op
tions. and weather conditions will piny an
Important part In deciding the courso of
tin* market from now on. ^ ^
Stocks—Dullness, but with strength nnd
advancing tendency In specialties that hare
not yet scored nuvanres during the past
week were noticeable lu today's stock mar
ket. A large vulnerable short Interest was
disclosed In Consolidated Gas of New York,
and shorts were forced to run. Advances
were also scored In Amerlcnn I/ooomotlye
and the railway equipment share*. 8t.
l’aul led the advance In the granger shares
on excellent crop report*. Amalgamated
Copper was very strong, and although the
statement published by the company o"iv
showed surplus a llttto over dividends t_
It mnst not be forgotten that the A mai
lt would disclose th, rMt tlnnncIM portion
of Amalganwtwl. Th, trrnil of tin* market
la crtaloly onward, and th, main futon
nt work nr, th, ,x„ll«lt crop rrportn nnd
outlook for nttler rootwy for nom. Unto to
rome nnd continued prmpertty In hu.lncta
Ecnorally.
L. J. ANDER80N t CO'S.
• COTTON LETTER.
N,w Tork. June A—I'nnntnllr .mail a pot
an!,a lignin thla morning In JJrrrpool. 4,000
Mil,, at « dwlta. Of f point, whlrh rt-
tir,*..,« the opinion of Knxllah aplnnen
r.lfttlre to th, pr,„nt "Uttook. They pre
fer to bold ..If ftwhll, until ft more ftfttlft*
factory Mm of future enppltee can be ob
tained. Tin* future market, bowerer, jraa
nteady nnd well nopporwd. The big bpll
Inter,-*!, were In the markot with numerou.
aunnnrtlmf ordem below 50 for July and 30
for ttetober. Alno dry weather la com
plained of from wmo aeetlona of tho Wftftt;
!-rn belt. For the oa«r future It would
acem that weather reports will be the moat
powerful Intluenee. For some time paat
nlnioat Ideal rondltlooa bare eilaM-l, but
It Is reasonable to suppose that this con
not continue IrKlennIteW' HboultI unfaTor-
■ his weather develop during the next two
inontha no doubt price. wmM IM inbftUn-
tlally betwnted. We think the
tlrely too doubtful for abort telling Juat
at tbta time,
GIBERT * CLAY'S DAILY
COTTON LETTER.
surnrlsingly good and more than
nincud. for lb** wrokneaa dl.playe,! ye.lcr-
day. npilon. In the net reault w,re from
4 to 5 t-dut* higher than yeaterdnr a eloae-
Sale, of apota. bowerer. were disappoint
ing only LOOO hale, having ehanged hands,
but tb, nuletne.a In his department e«n.
In all proboMUty. be IMMH to the neer
proximity of tbe three d«T^ holldfty whleh
th., fo-clcn market will nave on the gtb,
8M and Huh. nnlttah ndvleea w«e rather
^',' n
• inly
made're'form prirea down, tmt the market
exhll.ii.-d no much reststanee
.non recovered the .light tots,.occasioned
and ruled steady with an excellent under-
lone the balance of the r
norm from Texaa Indicated la several I'-'fll-
Itlpg n anpersbundanco of molatnry, which
h,,..Min ye'd work con.ldernbt^althouch »
exi'. lleut ha. the w i-nther Iwn that far
fh.! th. advent of any unfavorable clung.
taaure'tn’ielsenthe brerbib ajaMOaM tBt
h.ve wx long pwiaaltaba and bring awnt
ncemenl In vnlucn.
COTTON SEED OIL.
'• C ALABAMA
GIBERT & CLAY
STOCKS. BONO*.
COTTON, O R AIK.
ATLANTA, OA.
STOCK MARKET A
TWO-SIDED AFFAIR
ROOM TRADERS ATTEMPT
ING TO DEPRESS PRICES.
Strong Banking Interests Were
Buyers of Many Stocks for
Special Reasons.
By Private Leased Wire.
New York. Juno 6.—During tho early
itages of tho session today, tho market
rmttluued to move with considerable best
tatlon. Ilcallxlug sales went on In s«>ni«
quarters nnd fresh buying lu others, but
up to midday It could not bare been said
that the strong uudertone of the market
had been Impaired. During tbe first hour
profit taking rarrled down somo stocks,
such as Colorado Fuel, Heading, I’nlou Pa
cific sud tbe Gould Issues, whlrh had been
among tho lender* on tho previous days.
Pennsylvania was exceptionally heavy on n
revival of tbe rumor, which, noivorer, had
no lietter authority thsn before, that tho
Paris loan of the conipnny was likely tr
fall through. Smelters sold off idnirply on
the declaration of the u«unl quarterly dlvl
dend, although well Informed opinion had
expected nothing else at this tune. These*
weak spots, on the other hand, wsff offset
by great strength in St. Taul. which
renrheel In tho courso of the forenoon n
new high point for the present movement
nnd by the Steadiness of the Copper shares.
On tho whole the Influences milking for
strength prevailed slightly over the op|<oslte
lu the Slock market opening price
changes showed general advances extending
to \r lu Smelting, rnr Foundry stinting \
higher, American Locomotive, Erie and
Union Pacific gained i^each. Haltlmore and
Ohio, Southern Pacific. Amalgamated and
I««,iiIm111** nml Nfuhvllli* gained \ e.n-h
There have been two sides of the stock
mnrket In the trading so far today, con
sisting of efforts by room traders nnd
bearish operators to depress prices, while
United Htates Reduction and Uetlulug uud
Anaconda.
Governments unchanged. Other bonds
steady.
8TOCK SALES.
1 p. m.. „ II •• »« 88
l p. m t* #•
Total
..197,000 shares
..806J0O shares
..886,900 shares
..480.600 shares
..616,600 shares
THE WEATHER.
LOCAL FORECAST.
Atlanta nnd Vicinity—Generally fair to
night and Thursday.
WEATHER IN~COTTON BELT.
Vicksburg, Jackaon, Brookhaven,
Hazlehurst—Cloudy and warm.
Meridian—Clear anil hot.
Greenwood and Yazoo City—Partly
cloudy and xvarm.
Winona—Cloudy and hot; big wind
blowing.
Opelika—Partly cloudy.
Selma—Cloudy and hot; hard rain
yesterday evening. . .
Birmingham—Cloudy and hot; two
hard ralnB Wednesday ovenlng.
Montgomery—Partly cloudy and
warm.
Memphla—Clear and hoL
Mobile—Raining.
Troy—Clear and warm.
' Eufaula—Partly cloudy and very
Albany—Clear and warm,
Thomoavllle and Columbua—Clear
and hot.
Tallahaaaee—Partly cloudy and hot
Huntsville—Clear and warm.
Nashville—Clear and hot.
Macon—Clear and hot.
Augusta—Clear and pleasant.
Tyler, Dallas and Fort Worth—Clear
and pleasant.
Houston—Partly cloudy and hot.
Ban Antonin—Clear and hot.
Oklahoma City, Okla., wires:
heavy wind and hall storm swept over
the southern portion of the territories
last night. Two people ware killed
and sixty homes were destroyed. Prac
tically all of the big cotton acreage In
that section waa destroyed."
W EATHER FOR EC AST.
Louisiana. Alabama, Mississippi and
Western Florida—Partly cloudy Wed
nesday and .Thursday; fresh south
winds. . . .
Georgia—Thunder storms nnd showers
Wednesday. Thursday partly cloudy;
showers In east portion; fresh to south
west winds. _ . , ..
Eastern Texas—Fair and continued
warm Wednesday and Thursday; fresh
to brisk south winds on the coast.
Western Texas—Fair and conttnued
warm Wednesday and Thursday.
Arkansas—Fair Wednesday and
Thursday. .
Tennessee—Fair In east; showers In
west portion Wednesday.. Thursday
^Kentucky—Fair Wednesday, pre-
reded by showers In east portion,
Thursday fair.
Illinois, Indiana, Missouri—General
ly fair, except probably local thunder
storm tonight or tomorrow; continued
Michigan, Wisconsin. Minnesota—
Thunderstorms tonight and tomorrow;
" Iowa—Generally fslr; local thunder
storms tonight or tomorrow; cooler
" North Dakota, South Dakota—Show
's and cooler.
Nebraska—Generally fair and cooler.
Montana—Rain cooler tonight:
Thursday fair in west; possible show
ers cast.
WEATHER CONDITIONS.
Tbe pressure has fallen sMtSDacmjllbly
nfer the retire eonatry east of ,h** It— kl—
iff
SSL-iB 'Aa&SSTver"',CJ;/.'.. , Vj?::
Uals U f-alHnx thla morning at Partlaixl.
jle.. Plttaborg, New Tork. Yelloa .ton.
*K1 nree-ure la hi cheat on the Parlne
There has beeo bur lltth* chongt- lu lt*m-
SfVaernlly-rs*
er Id this seetloo t.mlght
j. n MAiuirin.
corns:, srovimons
ICMBCSS
ESTIMATED RECEIPTS
'OTk Ftork Biehange-lNew
ork f'otton Exchange ‘*- —
erk CoKxrh»ngi*
Mr. Lively 1ms edited Markets in Atlanta and the South for more than twenty-
five years. Ills experience makes him the most reliable market editor in the
Soutli if not in tho entire country.
RANGE OF NEW YORK STOCK MARKET
a u n tub* 11 1''«; !t /1 Vm*! .*.* !
Aiuerlnm Hugur ltofinliig
ting Hcfinlngsw...
Hr.u.klvn Hn|di| Transit
IHstllh'
Erie ...
lirrftt Wi'Htern....
Iwnukee nml 8t. iMul
ul IIihIhoii
ecu rl tie
General Electric *
Illinois Central
Anirrlfsn lev Si'iMirltlos
1/oulsvllle iitul Nnslnllle -
Mexican tVntrnl
MIsHiiurl l’aclfic
New York. Ontario nml Western...,
National Lend..
Northern Fnelfic
New York (Vntrnl
Norfolk and Western...........
IVnnvlvnnla
Pressed Steel Car
do. pref4>rred
Pacific Mall
iteiniiiiic
Hock lulnud
do. prefi rred
United Staten ltubber
do. prrforred.,.....,
Knutheril Pari tic ,*
Southern Hallway
do preferred...
Sloan Sheffield
Tennessee Coal nml Iron
Texas nud Faelflc
Fulon i'nrlfic
I nlt4».| States Steel,
do preferred
Vlrglnla-Or “
da preferred.,
liaSh ..,•,.888.88 88 88.88, I
do. preferred......,,,.,.,
WlaronMn Central
do. preferred ,...,
Openilllgh il.ow.JClosi'
1 1"'\ UO 1 e.i|
1W Hh\, 118
!3bS 1*1''S! 136*1, Ut*
NOTES ON GRAIN
Pointers on Provisions.
._.j & Iceland.
Inter Ocean: “Ohlo’j
red lo re by King, of To
wheat condition « com
‘ r of IAS, last
• lia*htd*
nj nud*abort hendlng, UU
"Corn wry uueri-n and cut
lag It.
“Current arrival* of wheat at Kansas
City are large ynotigh to promise an lu
cres*® In stocks there from now oat Th®
elevator concerns there have been steed j
B(*fP of tow gradi* wheat all thla week.
I Ills Indleatoa a possible expaiialim In the
contract h4»rte.
tTex.) inesange to Herman said
that contlnueil heavy rains were damaging
TIPS FLASHED
From Wall StrooL
TIP8 FI.ASHKD-IlOx ..-MAJIKET8 ....
Private Win to Ware A- Lelond.
New York, June 6.—London etea4)y to
UJB.
It Is possible that the bear drive on
fuel may be continued and reresslona wit
nessed elsewhere, but th*ro are intima
tions of Atchison being tnkn for n ball
campaign: also the southwest rails, includ
ing Gould Issues.
steel preferred acts well, although the
common drags.
Sentiment In commlaslon house quarters
Is bullish, nnd whenever do» llnes are met
with they will. It Is thought, tnee: with
good-sited baying orders.
nummary of yesterday's stock m*rkot by
l »4.u . JmirM ( 'o. .
American stocks In London steady, rather
nboie i.iirlfy.
No likelihood of dividend on Southern
Pacific this yenr.
Fxpectni congr»'ss will adjourn about June
2o lu splfo of strong opposition to beef
packing legislation.
Light demand for stocks lu loan crowd,
but some inquiry for Illinois Central.
Net earnings of Twin City expected to
show more than U )>rr cent on coinniou for
th® yenr.
Urltlsh army nnd navy purchases of
canned store* will In future l>o limited to
Hrltlab or Colonial products.
All concessions or stocks In coal com
panies on Star York Central system went
direct to railroad according to Interstate
commerce commission inquiry.
sixty 4*lgiit n>nds for April show average
net Increase 4.33 per cent nnd for ten
months 15.63 per cent.
Hoventeen ' roads for fourth week Mny
show average gross Incrense 13.21 per rent.
Money continues to return to New York
from Vrlaea, but higher rail rates elsowhero
check arrivals from other pqjflta.
Prlvnto Wire to Glbert A Clay.
Town Topics: “Underlying conditions re
main ve»7 favorable, and ns yet thor® Is
nothing In the situation to warrant any
M'tlmck of consequence In mnrket. Though
trading continues almost entirely profes
sional there are indications of fncrvaslng
Interest upon the part of the outsiders,
and It will be well to remember that storks
ore still concentrated In strong hands and
that the supply of securities 1h not likely
to Increase to »ny extent ffkctpt on a good
ndvn
from tills level. Money
ntlnass
to work lower. Today's market promises
to bo strong nnd active, nnd we export to
se® n I SC® mil of the bullish demonstration
In Copper, although the reactionary ten-
deney which developed throughout the list
In the cloning hour yesterday mny run a
little farther. Taking everything Into con
sideration. however, we believe that things
ar® shaping themselves for n substantial
upward movement and on nny modern!®
COTTON REGION BULLETIN.
For the 24 hour* ending at 8 a.m., 75tb
meridian time, June C, liC"
STATIONS OF
ATLANTA
DISTRICT.
•Atlanta, clear.,...
•rilHM.lll4K.gll, II. I’ll »ud»
Cel ora boo, p. cloudy
Gainesville, clear.,'
Greenville, elenr
Griffin, cloudy
•Macon, elenr
Moiillr.il.i. rlmr
Newunn. clear.........a...
Home, cloudy
Spartanburg, clear
Tnllnpooan, cloudy........
Tnccoa, clear
West Point, cloudy
•Sllnlmnm teiiip«Tntiiren
perloil ending nt k 0, ~ *
jjJ
'"A i
tor 12-hour
CENTRAL
STATION.
Atlanta'
Augusta
Charleston ...
Gllll 4‘NlOII ....
Qtttopotfk ..
Memphis
Mobil®
Montgomery .
New Orleans
Mklnhottm
Kavannnb ....
Ylekahurg ....
Wilinlngtoii ..
Rsm,
arks.
The temperatures for th® past 24 hours
were about the tame aa for the previous
day. Showera wer® general over tho belt
except In Oklahoma district. . -
NEW YORK COFFEE MARKET.
gives the opening
re-. . for coffee for future
delivery today In New York:
Open. Clone.
January ... ... 888 .#8 8.406.60 r,.v> >»(>•>
I’..I.runrv « 6041.63 8 50 6 !m
6.60-6.66 6.60A86
6.60 6.66-6.70
April ...
May
JOB® ..8 888 888
August ...
Heptember ...
October ... ... ... 888
November ... ... ... ...
Deeember ... ... •••
Cmoed quiet. Holes, :
• #8 8.78AI
6.80-4.1
Frank Hawkins, President.
JDSOu. », | •
McCord, Csshier.
rhoinssiC. Erwin. Asst. Cashier.
lomis C. —
W. Dyers. Aunt. Csshler.
Third National Bank
$200,000.00.
$300,000.00.
Capital
Surplus
.... JL W. f'alhoun.
Milton Dariao.
John W. rir.iit,
II. Y. McCord.
DIRECTORS) J. II. Nnnnnllr.
Fr.ok Hawkins J. r«rrell I'ajn*.
H. M. Atkinson. K. B. Koarer.
Joaoph A. McCord. DarKl Woodward.
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.
—. Hint the damage wim af
ready about S) per cent, anil that inch day’s
rain was adding to It.
“Juno cron report will be lnai*d Monday.
Juno ll, tills not yst decided. It ulll
coyer condition of wlutcr wheat, spring
wheat, oats and hurley; also tcrMn »>t
spring wheat, oats and barley.
“Cash buHlue«N in wheat lu Chicago yes
terday waa M",003 biuhela, lticluillng Vi,000
No. J red, 4Q,OuO No. 2 hard. f.«*w No. 1
northern, the latter nt CRle. (Rid 26.000
Hat\8*«1 lOtS.
“Utle* of corn were S&flttiai oataSOd.Ooa
Th® seaboard sold 4S,0u0 wheat and lOu.uuO
oats.
"Charters were made yesterday for 460.000
corn, lul,G)0 nata ami TOAwu ryo. Tho «-«»rn
nml ry® paid lV*c and the oat* Ic to Iluf-
fa to.
"fihermnn and Golnesrllto, Tex., and Ok
lahoma City nnd point* nearby reported
damngo to crop* by heavy rain* and atorma.
Central, wrsfern ami ao«hwestern Ne
braskn reported Uamag«* to crops by
drought."
Private Wlra to Glbert A- Clay.
Chicago, June A—Wheat oi*en®d firmer,
with not much on sal®, bnt tho demand
was not brisk rnougb to start a big rally
at one®.
Cora opened weak on scattered coramls-
HOQ bourn selling. Including a little by
caali bowse*. The market rnUlsd nub kly In
■ympaUiy with wheat and Armour buying.
Oota onenml steady, with light offcrlngH.
ComiiilMbtu bouses were best buyer*, led
by Kneel*nd nnd Hartlctt, Frasier Si IU
Mnrket looks higher.
Public ami private etocka: Wheat, 4,029,-
000: decrease, 119,000.
Corn-Ton,f. ...ik Inrrena®, 757.000.
G® la » f.f»«,000: docrens®. 54.VJ0U.
Record-Ilernld: "Current arrivals of
wh-iit at Knnaas City are largo enough to
promts® an Increase lu storks there from
now oa. Th® elevator concerns there hav®
been steady buyers of low grade wheat all
this week. This Indicate* a possible ex-
piwi«lnii In their contract aorta, t'roii Ex
pert It. W. Snow, Just retiirnd from tlie
i.'onadlnn Northwest, eFtlnmtc* an UMraos®
in sstasd area averaging b» per cent for
th® whole territory nml Indicating a pos
sible yield or 126.CKW.0W biinimN wheat with
favorable rondltbuii to harvest. The on-
nunl srnrclty of barveit hands Is reporlojl
ln«Okhihoma. Twenty thousand men art
wanted to help har\eat the wheat crop.
Tho liinidllty of to® people here to harvest
th® grain may result In n Inrgo part of th®
crop being damaged, some of It mined
completely, gome of the fields are reaily
now for the self-binder and the first of th®
next week the acres lu Kiowa county
will bo ready to harvest. As, a ml® th®
wheat crop of Oklahoma la tub largest In
the history of tho territory, nnd tho total
yield will I*,* tho greatest. Homo damage Is
being reported from army worm lu the
northern part of Kay county and from
tho vicinity In Garfield county."
WHEAT MARKET IS
T FEATURE
THE OPENING WAS 8TEADY
TO UNCHANGED.
There Is Very Little Dem&ad in
the Cash Wheat
Market.
Hy Private lenml Wire.
Chicago. June «.-Hull* filled the rsrlnuff
grain bits ou the board of trade Heutl-
iie’iit waa bullish and thnt side of th*‘ borne®
wu* ettc««irRg**4l by the IvnUtmh Kentucky
crop rapart, following, ns It illd, upon the
heel* 4.f the Ohio report of Vlou<biy Re
side* the denutnd fmtn shorts there wer*
other* who wnntcil wheat, earn nml out*,
and while th**, wer.- enutloiia In mskliig
large pur< hnsen, the gem-ral feeling ws«
reaectAl fully. )log prmlmus were stronger.
Closing i»rb e* ahon.-il advances of V In
wheat. Mi6le In corn, lc lu imt* nml
15c lu provisions.
iTearance® wero 1^.0
nd 30.090 oat*.
The worbl's svollalde supply of
1 96ft,
k aah sal,
Cora. |50,u0G;
. 72.000 Cira
t d®-
lo
ut Chlcsgo — Wheat, 5,C*M;
at*, lou.oaa
...Id wheat 3 load*, corn 6
loadM, .infs JO-1 non himhels
Wheat opened steady to unehsngmi from
ycstiTilny's 4-loslng i|notations. With th*
exception that ilurlng th* night the south
west hns had soma food *cotiered showers,
tli4* market I* practically without feature.
There Is »ery little ileuiaud for cash wheat*
CHICAGO GRAIN MARKET.
. WHEAT—
I Tilly ..
dept ..
D®c. ..
CUBN—
July .. 4»4
H,«pt .. 40‘*
heavy Imvers of July i|
lard again thla morning. A. H Wlllti
Mntidy bought lard. UUng has been hy
commludou huuae* and local longs.
WARE A LELAND'8
DAILY MARKET LETTER
New York, Jan® A-Cotton-Whlle there
was every Indication of a somewhat stead
ier rot |i,ii market nt the opeulug this
HfigEA * paGT
High.
SIS
S0% M
Close, c-loa®.
Ml S3
ISM
Dec. .. 33* 4 23%
FORK—
July ,.1«.» 16.6® „ ^
Kent ..ia.lft| 17.32'i 16.12V* 1
LARD-
July .. 8.G6 8.774 %M 8.75
Past .. MO U|
Oct. • rTU
MIDI? 15—
74 6-86
s
ft.60
s.76
8674
9.45
CHICAGO CAR LOTS.
Todaa, Totuottow.
LIVERPOOL GRAIN MARKET.
Wheat opened 14 loner: 1J0 p in., S to
lower; Closed S t.> 4 lower
Corn opened 4 higher; 1 M p. m., 4 to
higher; claaatl 4 t«» 4 higher.
fractional dreffa®
•r. for some reason
>114-41 nml price® mi
during tli
however,
it torn alter
*1
dlil m
lipted:
y a lit
ly showed lean strength thn
*11 Ihs, December lid, lim ing to P> 4<»c, or 6
point* over last night ■ prices, while July
gained hut I ..r 6 .luring fin- xiimr Internal.
As far ns new crops were concerned, there
wos Jess hressur® thsn for aotfi- days, nml
It was evident that for the time being,
pressure nrouud lOVic Is not -mb as t*>
force very mm h of n decfitv. Weather r.
ports front the Month Indicated rather dear
weather again for the 4-asf4*rn hdt, ami
led many to defer short idling until
tho drought has t ~ *■
Ctl®^
ery ad\nnce there teems to
bat tho new crop* ,
ere It will re.pilre
time to bring nlw
•de*!. Ou
*0 old Cot 1
like!
ml purchases made
ly In show a profi
favorable weather.
_ attia
•ugth devotopsd «irlv on shorts covering
I commission lious4- fniylng, due to rains
Hi the northwest, with ndv
from Terns nml Oklnhomn, 11
bullish Kentuikv state report.
|waa not very lively, operatic
Th®
tetll
verted to corn and outs to quit® 1
HI® the strength lu those cereal* finally
•afed advances In the wheat futures, with
offerings very light, nnd the world's visible
showring a v«ry large a®mas®. There does
not seem to be much uneasiness over tho
crop situation In the northwest. The rnsh
demand Is very slim at nil points, and we
boiler® the futures should do sold when*
e bid Dp.
e was very light early, bnt
tho futures w®r® bought ami bid up, oven
May, 1W7. Wing freely bought, ami rising
over te a biislu-I on country nc<-«-ptances
reported ns being onl/ fslr. although C4>n-
•IpOMStl quit® Ifttersl. HhortS were fnrrM
cover, with July and Heptember over 6nr
boshel h®re, t*nf on further ndvnun s we
believe that selling all around will prove
ran table.
Onto—Thero was general buying early,
1th locals In th® food. The closing was
with
srro;
tbougl
id. nl
IChlcagO Board of Trsd®. \ rW Orleans exper?* 1.3 »• to 1.7‘rt b
5:: fasisar ;
N-ftr Oriren. Ito.nl of 3r.<l- <••.>«« to soo, 4,•*: ft'-tuftf l..t j
MADDOX - RUCKER BANKING CO.
capital S200,000.00
SURPLUS AND PROFITS . $500,000.00
ACCOUNT* INVITCO.
We S4-11 the widely known and extensively u** d ('Irculor
Notes .ind Letters of Credit of Thon. Cook «t S>n.
In Our Savinzx Department we allow Interest at the Rate of 3 1-2 per cent,
Compounded Semi-Annually.
alt f'>r r* actlobi
i y on.
Provisions—Advances wer® due to the
packers baying aggnsslivly, nud rinsing
strong all around on idmrt* covering. Frie s
may be advahrad higher Urals, but we
would favor meeting them with sales of
long staff.
THE DRY GOODS MARKET.
By Prlvnto Loused Wire.
New York, Jun® 6.—The dry goods
market was Arm on domestic^ today.
Tho bobbin trade was good. The China
trade la very dull, but there Is a steady
export trade with th® West Indies,
Booth America und th® Philippines.
The lining market was quiet, but there
Ih complaint that gray goods are hard
to get from the mill®. Prl<e H wen
firmer than last week.
NORTHWEST CARS.
Following tnhlo gives the northwest cart
of gralu today, last week nud Inst yt
SOUTH WAS A LARGE
SELLER OV COTTON
nl ii
Jun. • -Th. Hun «ftxs: "A
II III priced resulte.l from Hu nidation
iiiininerlng. ifsultlug |M»rtlv from fine
ier ami large and persistent «Hllug bJ
filth H Is near the cotton fields, and
filing
ntng
ell ttut
six
i buy. II
Be
ilin
old
•8-lit hesvf
ip months,
ng Monday
dny on fin*llna that
nt h<
Urn LUarpool «tlvf l v« _
IiiiIIInIi it*• they had expected. That mar-
k4-1 e\Ideally put s rstbsr bearing con-
i government report. Mora® of
i eiH.t markets W4-r® lower. On
Mini, the continent sod Kgypt
lverpc-4-l. him! ring traders, who
8..1.1 hefe Mini went sh-*rt. s-m.h fouml that
tUi-v c»isM not force the market hetow a
certain point, whereup4.11 they n.versil. Thl#
had m»t a little t<> do with the rally In the
afternoon. Heshles. Isadlog spot latereats
wero supposed to ho buying July and <>'•■
tabor all «lay ITIc8» t»r»ki-va. f«j*». t® all
nitpenrniicrs.' ttonght aonie July. At toast
this was a supposition lu the room It did
m*t make shorts nnr nior® confident ®4
their position, especially as Fbtladalnbta
people sl»*» appeared ti» >»«i buying Jgly
persistently. TIn-re w*r« roports, how®v«r,
that Im.II we.-vll Is <lolog more or less dan-
ago In parts of Texas and Ixmlslana. Tbs
ixports continue large Tho Now York
stock decreased 2.50U bales. A fire oecurrial
In another Htnten I sis ml warehouse, con
taining al*oni 2 w 1 uiies Nsw ortoant
bought «*n th** break.'*—Glbert A Clay.
SOUTHERN EXCHANGE
Olri-at Eatftblliheri Offlr. South.
COTTOI —STOCKS BOROS—OUO
Ground Floor Gould Building. Dally
market letter and market manual
mailed <*n application
L. J. ANDERSON &CO
Bankers and Brokers,
COTTON, STOCKS, BRAIN
GofTtUQllMt't Cnthl S?50,Q00
acrcntNCC. the nial a.asiK
SHONE I4rr OSUDCNTIAL BLOO
New Orftssi
WARE A LELAND
COTTON, GRAIN, PROVISION'S, STOCKS,
BONDS,
«• 2 Will SI., Fft«
>4| • 87
Miff
few fsrl Csffss fidssf#
ft® Orlttsi Cstfss f<(R«*««
t/vrr»««f Csftss
hints Wtrvi t# Sr* fort, Nvw Orftssi, Chlrago
Bill fftesr 1242.
B»ar4 if Tr»4t.
SlsitSard HimJE
E«mI and l,,nf Dlrlftnea Talaphe** S2M. -
PIEDMONT BROKERAGE CO.,
(Incorporated.) B...m.nl Floor Fiwjmont Hol.L
STOCK.. BONH. ClftAIM, reOVI.IOKi INVCSTMCMT*.
F.., wire Sftrvic. from N*w York, N«w Orlreoft, Chicago.
COaSESPONOCNT*
M. J. SAGE A CO . 4J SaOAOWAV.
tow. nom. tfsast*r.