The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 06, 1906, Image 11

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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.