The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 07, 1906, Image 11

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■ MARKETS ISIISMEO PRICES SHORTS uneasy in these POSITIONS. Liverpool Was Slighly Better in the Spot Department—Fu tures Weaker. fjvrrpoo! eh 0 "'® 1 ! * slight Improve Bfr.i in the bp*' 1 department. Sales rtre first reported at 6,000 bales, but (ley were later Increased to 7,000, Quotations were advanced 2 points futures market was dlsuppolnt- lu tn that prices at the opening were •M^hanred to 1 point down, when they EHS to come 1 to 2 points higher. »>»• York opened 1 to I points low er which was slightly better than due M cables, but immediately recovered frT ve«terday's closing figures for the oear'by deliveries, while the later posl- S'n* were adversely affected by the favorable weather and crop news. The government’s acreage and con dltlon report Is still under discussion by the speculative trade, and by those "ho have nothing to lose other than oroflts on paper cotton. P The acreage figures did not suit a considerable number of this class. They were expecting figures much hixher and were probably in the mar ket for a sharp decline, hence the W The New York Sun voices the sentl mcnt of these high figure people a *°"There Is a general belief In the trade that the acreage is much larger than that of laat year. And If we consider the fact that prices are 216 a bale higher than then, It would seem that there is a pretty powerful Incen tive to increase the area. The South, cm Cotton Association nsks people to believe that the increase Is only about ta-4 per cent The average member nf the cotton trade here balks at this 11 The Southern Cotton Growers’ Asso. elation Is a representative body o Southern planters. Its facilities for gathering news relative to the num ber ot acres planted and Us condition are equal to those of the government or those of any of the private statisticians who furnish the trade with figures which they claim are more accurate than the people who plant and grow the cotton. . , . , D! appointment Is mainly responsl ble for the statement that the govern ment report falls far short of the actual number of acres planted, and bad the figures been placed at 30,000,000 acres this crowd would have been satisfied, for then cotton would now be selling at Oc or less. However, Secretary Wilson insists his figures are correct, and that there has been no Juggling in making up hla report. Commissioner of Agriculture T. C. Hudson, from 750 correspondents re porting to the state department of agriculture, showa a decrease of 1 per cent In acreage and condition .85. The summer positions were advanc ed In the afternoon, due chiefly to un easiness of shorts, and the new crop sympathised. SPOT COTTON MARKET. . „-yuiri, Nfw Orleann—Quiet. 10 1346c. Urn-pool—Quiet, 6.Wd. AwuMn—Quiet, lie. Savanaah—Quiet, 10T4c. At. I/uila—Quiet, 11c. RANGE IN New ORLEANS COT.TON CWton future* ranged ns follows nt New Orleans today: Laat Previous Open. High. Loir. Hal#. Close. Ciote. W mat lo.-— July .10.75 10.92 10.7* 10.90 10.W-90 1'J .10.53 10.* 10854 10..6 10.0-44 50.51-0 m .10.41 10.49 10.48 10.48 10.45-47 10.37-39 jrt. .10.23 10.84 10.23 10.*: 10.31-32 10.28-27 10.32-34 10.27-29 .10.2# 10.88 10.25 10.31 10.33 34 10.Ill-30 *?«• -M.84 10.41) 10.84 10.40 D.39-40 10.36 37 NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Glbert A Clay. New York. June 7—Price brokers came In to July and the local crowd bid up the market. The market la dull and listless and no feature to the trading. Wjlaas bidding up the market; also Aorden. The Journal of Commerce says: "The day was without feature In the way of an increased trade, although many buyers were shopping, and were par ticularly Interested In Peeking out soft spots that do not appear. Beyond the willingness of a few manufacturers of heavy Jyown cottons to shade prices that are already below a parity with other goods that are as freely made, there does not appear to be any pres ent weakness In the market as a whole, and market lenders are begin ning to speak openly to the effect that the trade will be very large for the last six months of the current year." New Orleans, June 7.—Our traveling representative wires; "San Antonio, Kennedy, Cuero to Klatonlo—Fine crop, clean and well worked; commencing to need rain badly; very dry, hot am windy. "Rockdale, Cameron to Waco—Ai a whole good, but fields gettlpg foul in places. ’’South Texas—Must have rain In ten days or crop will suffer seriously. "Opening prices were lower In-sym pathy with disappointing foreign mar ket. No aggressiveness Is manifested by either side, and hence price changes are narrow and featureless. The weather map Is again favorable. Slight rains have occurred on the At lantic coast Otherwise the map Is dry and warm. The western forecast Indicates fair and cooler weather for western Texas and generally unsettled conditions for the balance, with probably showers In Louisiana and Arkansas. There appears to be some unrest among July shorts, for that month displays considerable strength and gradually working higher. Private Wire to Ware & Leland. New York. June 7.—Price was aald to have bought about 17,000 bales of July, and the ring story was that It waa short covering. He Is still bullish i the fall positions. Hosdley Is said to be a bear on the new crop months. The South covered shorts to some extent at one time, but this was re garded as merely taking profits. The South Is inclined to sell on bulges. Cotton opened steady at about prices :pected on Liverpool cables. . IUordun and Schlll good buyers of July. Schlll big buyer of October and De cember. Commission houses Inclined to sell around the opening. Market does not act especially strong, and believe It could be sold on hard spots. Looks like the rally Is over. Every body who bought a little cotton on ad vance, Including H. Wilson and Schlll, are now trying to sell out New Orleans, June 7.—Practically no rain Is shown over the cotton belt on the weather map. Temperatures arc ' h. 'he net stock of cotton In New Or leans Is 85,744 bales, against 70,' at this time last year. The amount of -cotton on shipboard Is 81,584 bales, against 44,262 bales last year. WARB & LELAND'8 DAILY COTTON LETTER. Edited by JOSEPH B. LIVELY Mr. Lively has edited Markets in Atlanta and the South for morn than twenty- iivo years. His experience makes him the most reliable market editor in the South if not in the entiro country. UTILE STOCK WAS FOR SALE MARKET CONTROLLED BY IM PORTANT BULL INTERESTS Leading Issues Were Practically Accumulated at Much Lower Levels. By Private Leased Wire. New Tork, June 7.—To a very large degree the uncertainty visible on the previous day's disappeared from to day's dealings. The market was broad er and more active, and the advances li^th l:irg«T and hotter distributi’d than they have been at any stage of the upward movement which started week ago. While tho flavor of profes Blonallsm waa atlll uppermost, so gen • • ' "iilil hm illy 11;t\IM I un t il without assistance from more Impor tant quarters. The Judgment tenta- -■ M ■ -’HM d MM I h.‘ pi .’V lulls .!. | \ -4 that the larger Wall street interests were actively enlisted on the side of rising prices, was confirmed by every thing that happened during tho day* The profit-taking of yesterday and the day before had considerably improved the mnfket's technical position. It had kept down any excessive tendency which waa the danger If plunging oper ations had been encouraged, in this morning's trading, therefore, tho mar ket was well situated to resume the advance that had been partly inter- ‘ ted on tho preceding days, here was plenty of evidence In the stock market today that It was held in absolute control by Important bull In terests which had accumulated practi cally all tho supply of leading Issues at much lower price levels, and that the bulk of the stock accumulated had been permanently lodged and was not for sale around current quotations. St. Paul was the leader and advanced to 179. Governments unchanged. Other bonds strong. STOCKS REVIEWED BY NEW YORK SUN New York. Jane 7.—There wn« ■ometlilna of n chnnKe In the cotton innrket tli:« Boning. In ell probability tills »»■ due RANGE IN NEW YORK COTTON. Ttw following le tho range lu cotton In New York todnv; Lett Prerloua L Open. High. Low. bale. Cloie. Cloae. Sff* ■"■<! 10.52 10.47 10JC 10.5750 10.51 W -Julr .10.02 10.53 10.52 10.62 10.62 63 10.36 37 -l".4o 10.51 10.42 10.0 1040-0 1017 V- "El 10.33 10.42 10.3S 10.43 104.314 10.3S 33 ■ W-34 10.41 10.32 10.30 1030-40 10.36-37 •10.23 10.33 lOS 10.33 10.3S-40 10.3641 lo w to44 10.5 10.43 10.43*44 1040 41 •10.4! 10.48 lOtS 10.48 10.47 48 10.4.1-44 10 47-40 10.43-45 ■■-10.54 10.56 10.54 10.66 10.56-57 10.52-54 noted Nteady, UVEMOOL COTTON MARKET. June i. 12:15 p.m.—Cotton, spot, Pri*’* steady: middling nr Receipts, pNun-a opened ataa6y. „ I’ror. Op C. r’ngi-. Cln«e. Clone. C 6.78 5.77 ■Sf - :?'!' 5.77-3.76 5.76 5.77 H W 8.76 5.76 £’*‘"1- 5.72-6.70 A. 5.654,64 ... 6.60 6.38 ... 5.68 5 00 Wan. .*”!*****! •Peh. . ' quiet. ’ 3.50-5.58 . 5.60 5.R: receipts. a Stir’?* *bowa reeeipta nt the "SJ? 7, compared with the antne day Ori^na Jerk I**’*’’-''-*' -ii'bia"::::";;;; tatlon in KUlhweatrrn TexnB and In per- tlona ot the Atlantic atntea. For n while theae report, have attracted conipnrnilvely Ittle attention, hut the peralatenre of rntlu-r tlgh temperature., coupleil w-lth the jnek of rain, haa at laat arouaed uncertainty and cauaed more or leaa ahort covering. It doe. not aeem aa though the crop were .offering to any met extent, hot with the market pretty well aold oat tad a abort Intereat created In the Sooth It Is more than probalila that anjr torn In wea her from one of extremely favoring condltlona to adverae anrronndlnga will have decided Influence on nentlment. Until we have abundant rain now In the eectlona where rain la needed, we ere not likely to bare very much of a deellhe In cotton, and prk-ca may work up again oyer lWte. It la a weatuer market aid at lDHc there le too little cotton for ale to aril at that figure with any hope of profit. We may have a day or two now of advancing prieea. oa which cotton bought lower can be aold for profile. PIEDMONT BROKERAGE CO.'S DAILY MARKET LETTER New York,* June f.-Cotton-Bnalneaa In dull S^VS'flwLultlMrnamw-ifimgetK; “ t2T f«{Sro”Sf “fVradiiig waa th. * - —*—x- —*• 1 The new 4 points •nd ad* ranced 8 points from hottom.lt is thought by good Judges that thtro will bo * good demand tor #arly dellvaries of tho cron while tho old crop was of too SES'e to t* durable ‘fha eoatlnwd weather check, any edfaace. aad w. oaly ndvlae buying on the extreme weak apota New York, June 7.—The Sun aayat "The alight reaction In prices which occurred late Tuesday afternoon die- closed that there were few stocks of fering for ante at concessions, and that tlin speculative p'.Mitbin --f iiffnlrs wun strong. There wero a variety of other Indications, all pointing to the fact that the market moved upward more readily than It declined, and that, al though nn violent u.lvunce In vnluc-H was promised, the net result of all the Influences bearing upon prices at tho moment was such ns to work tho mar ket slowly to a higher level. There fore, although tho trading was, during u portion of flie iline, iincertHln find Ir regular, the buying of stockB when it did tnko place was of a confident order, and It was evident also that tho mar ket was gradually assuming greater breadth. Inactivity still reigned on tho European bourses, accompanied, how-over, by firmness In prices. Con solidated Gas rosn sharply upon the prevalence of an Idea that tho Federal courts would grant an Injunction re straining tho operation of tho 80-cent gas law, pending the final decision of tho low-suit Instituted to determine the constitutionality of tho low. Tho American Locomotive and Railway Steel SpringB stocks were strong by reason of tho renewed circulation of old stories that closer relations be tween both of these companies and the General Electric Company wero matur ing. All the standard stocks In tho market wore. In fact, octlvo and high er.”—Glbert> A Clay. GIBERT A CLAY'8 DAILY COTTON LETTER. ^fitoeks^-Continned strength end advancing tendency In the stack market today, aad a rather nntlreable broadealng character of the trading. Loedoe tndet on both aide, of the irewnt, hot tsmfht mora than The contlaoed excelleaf crop report, help advance the Granger ahar—a, 6t jswg Reading arorerf an rinnj* of 7 Mnfa whole, the .market -— — - th**## wf*k ■!»*• “J s%. t>. the room beam Is ■till la evldeace. The T^lly''"mliimVandOhlkTnroJk^i tRA ll »’ n 'x;^ u .!S3 n *hiXr* d ^ :s keil for. INTERIOR MOVEMENT. / 1*08 464 Augnsta KL Ixrals Cincinnati 284 481 Total taw ESTIMATED RECEIPTS. New Orb-'ins expert. 6W to L3W hal«, unlnat 2'48 « r, “‘ W. H&l fa.t^rar 1 irsj to mrilnsf. 3,s4l last yjsr. ilmuton. 900 to I.A, sgstost 2,<& sctial Last year. GIBERT A CLAY AMA COTTO#«. w n A i r». corrcc. provisions ATLANTA ©A. (KMBCRS r OriRADs Cotton E >ck Ex^hangnlffew on Exs*banfp 'Npw Iw Clcblogp I.N'pV urirsns uvniu va a a—W- i - — -- - Una OtojrifcEZ&e ^‘wi R. FAGAN,'Manager. I Of,on r.x-h.ngt - Chicago Board eS Tradr. stock Eiehocge IJveci-ool Cottoo Aawfcnition^ Board of Tra-lc Galveaton Cotton nanga. New Orleane. Jane 7.-Option, abroad failed to reaiKind to the ailvauee that oc curred la the rla-Atlantle markets yeater- day, and on the does recorded n loss of 1 point fr— if 1— Sfirafl 1 — .able, w the dlaai. ahowed some , H throw nnr light pointing price changea. Hpot as aome Improvement over recent tranaartlona, the total today being 7.000 halea at an advance of 2 points The strength that the summer months displayed today gave the entire list n bunynut ap pearance. This can undoubtedly be traced 10 the fact tlmt there eilate a decided short Interest In Jb"* positions, and with the approach of July considerable concern manifested by shorta, who have been c #rin« their commitments In no uncertain manner. The steadiness of futures seems to bare awakened a more feneral desire to buy spot cotton, at any rate a very much better demand bni los-m In evidence today, but the desired grades are rrportod sc scarce that, however Inslitent the dcmaad msy be, it Ib hardly likely that transaction* will reach beyond tho average. Nevorthe less. It Is Interesting to note thnt should the desire to repIenUh suppdaa become iterative, a far greater Interest In tho mar Icet would naturally l»o created; also fulfill a long desired want. Our crop reports today are almost of one accord—eieeedingly fa vorable, and Indicate thnt the plant Is mak ing very satisfactory progress. Hero am there, complaints nre mad* of ear asm moisture and the rouse,pjent InnMIlty n farmers to property work the flebla, bn t^ksa as a whole. She weather haa hcci •a favorable as could well be expected. By Print* Wire to Glbert A Clay. Chicago, Juno 7.—Weather la gener ally fine. It la claimed that the Ken tucky wheat condition haa improved 10 011 points alnce the official report was compiled. Prices may be worked high er, out It win require a great deal .. ,r M'lt-i.l.' Kill-port to maintain them. The country Ik decidedly skep tical about buying on crop outlook. Corn continues to »oar, and the bear* to be "■ore." StlfT bids went out for corn laat night, and the amount of a< - cepUncea should have considerable bearing on the market. There U no scarcity of com, and the crop outlook to decidedly favorable, but the atti tude of-the farmer about selling la the prime factor aa a price-maker. Believe oats relatively cheapo com pared with com The Cincinnati Price Current says: •'Recent ralna are affording lmi*or- tant relief over wide areas helping winter wheat. Improving chances for oats. Putting com In an en<our> aging position and better nrn.nK lands. Indication for an abundant fruit Cr >flnneapolIa wfrea: "Heavy rains In Canada North Dakota conditions un favorable. It U cold and cloudy there now, and raining." RANGE OF NEW YORK STOCK MARKET Amalgamated Copper......................... Atlantic Coast IJne American Kogar Kcfinlng AlMtVUldll a ......a. America ii bocoinotlve do preferred j ' American Smelting Ilednlng Atchison I.)*..." do pref»*rre«| American rotton oil Baltimore and Ohio llrooklyn ItnpM Transit Canadian Pacific Chicago and Northwestern..... Chesapeake nml Ohio Colorado |-*uel nml Iron id tlreat Western..,, Illwiiukee nml Ht. Paul..... lllld IllUlMBMIM.I66444%t.4«.6»a%,»«a4m*l1 .Securities.... Illinois Central American Ice Securities Ixtilsvllle nml Nashville Meslcnn Contfnl Missouri Pacific New York. Ontario nml Wests National Lend Northern Pacific New York Central Norfolk and Western Pennsylvania People’* One Pressed Steel Car do. preferred Pacific Mall Reading Republic Steel Uock Ik In ml, da prefei.. United States Kuld>cr. do. preferred Southern Pacific Southern Hallway do. preferred RIoss-Hbefflrld Tennessee Coal and Iron.... Texas and Pacific...* Union Pacific United States Steel do. preferred Virginia-enrollun Chemical do. preferred. Western Union Wnhnsh do. pref.-rred Wisconsin Central / do. preferred >pen| High' t^wjciogel* in.yjciw ll’‘\ |ir.r , : "*a 1 " , 14» , u> n*' 4l us', i» k, a ns 139141 13714! I.W»! 13*i\ !.*«’» 136U 27( 72 115 1MU 119>4 0OH 91 90 9) 90H K»-\ l'\ \‘<:\ l-.j\ s:\] 82 ^ cs, aL4 32S m*\ lies 1 bos* nos lias tt ftS MS sis * 1*1 H»lS Wisl 1«1 513 SttVil I -jm an THE WEATHER. night and Friday. WEATHER !N~COTTON BELT. 8*1 m«—I’lenr and hot. Trov—Partly cloudy and a-arm. Opallka. Moatfpmtry, Birmingham, Mobil* ■■ Ctoar and hot. Meridian. Vicksburg. Haalchurat, Rrookhaven, Jackson. Greenwood, Cor inth and Winona—C’iear nnd hot. Naw Orleans and Shreveport—Clear and hot. Memphis—Partly cloudy and hot. Knogvfflf Ctoar nnd hot. Chattanooga—Clear and warm. < '"lumlnif P irtlv . !• *u.I\ u.d u ,n Albany—Partly cloudy and hoL Thomasvllle—Cloudy and warm. Rome— Partly cloudy and warm. Atlanta—Clear and Rot. « Galveston—Clear, temperature 81. Dalaa—Fair; 7§. Nuvaaota—Clear; 81. Texarkana—Clear; 71. Sherman—Fair; 78. Parle—Cloudy; 71.' Joplin—Cloudy; 74. Waco—Fair; 78. TIPS FLASHED From Wall Street Privato Wlro to Glbert & Clay. New York, Juno 7.—Daniel Odell & Co.: "Stock market fluctuations display a tendency to contract and specialty operations by the bull party constitute the chief activity, but all the time !r regular Improvement tnkea place. Jus tifying tho conservative bull position for fair returns, and we continue to advocate such a policy, selected Issues to be bought on soft spots or when be ginning bullish activity after a period of comparative quiet." Uptown sentiment: "Members of the >town party nre quite uniformly op tlmlstlc regarding tin* course of tn* stock mnrket. The consensus of opln Ion Is that prices will continue their upward course for somo time yet. Borne Irregulnrllty Is naturally to bo expect ed on account of profit-taking and bear pressure. Hut the best Judges nre ron fldent that whatever selling comes from those sources will not bo sufficient to keep the market down. Experienced operators are somowlint amused nt tin* criticism which Is quite generally of fered that wo aro not going to have much of a bull markot because tho trading Is so largely of a professional nature." By Private Wire to Ware & Leland. New York, June 7.—Further ad vances in price of standard railroad stocks in to be expected. Wo antici pate little change, however, In the pro fessional character of the market. Summary of yesterday's stock mar ket by Dow/Jones A Co.: American stocks In London Irregu lar, mostly ratln’1- nh»v«* parity. Rank of Kngland rate unchanged. Erin April net earnings, 9891,822, de crease, 843,281. Seasonable falling off In some lines of finished steel, but situation as strong an <’\vr. Fair Inquiry for St. Paul in loan crowd, but other stocks plentiful. New York Central gross earnings for May will show smaller Increase than early months of tho year. Packing house disclosures expected to affect exports and modify balance of trade. Consumers of copper fairly wall sup plied and further advance In price dls- 8TOCK 8ALE8. 11 a. in.. 12 noon.. l p. in.. ..293,200 shares ..444,600 KiiuroH ..846.300 share* ..880,100 share* ..842,400 shares countenanced by experts. Danger of wet harvest in winter wheat belt now considered remote. Twenty-eight roads for fourth weak of May show average gross increase of 18.70 per cent. Money continues to return from Frisco. Twelve Industrials advanced .17 per cent. Twenty active railroads advanced .49 per cent. THE COFFEE MARKET. Now York. Juno 7.—Tho coffee market openod at early nnd unchanged to on nd- ynneo of 6 points. Thcro was it modornto 11, about 8,000 bags being nolet ana • — dor I to tho IiiirIiipss during tho later forenoon. Tho Initial advanro was duo to covering by shorta and tlm steadiness of the Knropcnn markets. Ilnvro oponed >4 to >*j higher nnd private cables from tlicro snld the market noted oversold. I^nter, however, Ilnvro re acted nnd nt the ljm ,r of the local opening trad# _ sold, but later business pot. above 2.000 bogs WEATHER FORECAST. Txiutslann, Georgia. Alabama, Mis sissippi, Wait Florida and East Tax oa—Partly cloudy and continued warm Thursday and Friday; fresh south to southwest winds. West Texas—Fair Thursday; cooler northern portion; Friday fair. Arkansas, Tennessee and Kentucky— Generally fair and continued warm Thursday and Friday. Illinois, Indiana—Partly cloudy with ahewers tonight or frYI&ajr; cooler Fri day night or Saturday. Missouri, Lower nnd Upper Mlchl gan, Wisconsin, Minnesota—.Showers and thunder storms tonight and pqssI bly Friday; cooler Friday. owa, Montana—Partly qloudy ’to night and Friday with rain and cooler tonight. North Dakota—Rain tonight and Friday; cooler tonight. South Dakota, Nebraska and Kansas —Fair tonight and coolar tonight nnd Friday. WEATHER CONDITIONS. The north western storm has remalneil practically stationary during the last 24 hours, being still centered over the I)a* kotn«. Tho Influence of thla storm Is being felt as for east as Michigan as shown by the rapid fall In pressure since yesterday morning. The pressure over the southeast has de creased slowly, but la still nhout normnl. 1'nclflc const Is tinder the IndoeDce n area of high barometer central near Portland. Ore. The temperature continue* bleb over the eastern half of the man try while In Mon tana nud Wyoming It Is colder with frost ' Yellowstone Pnrk. fie castwurd movement of the north western low area will give general!r fair weather lu this section tonight nml l rlday. J. R. MARIIUIIY, Ijocal Forecaster. COTTON REGION BULLETIN. For tho 21 bourn ending at 8 o.m., 75th meridian time. Juno 7. 1906. KTATION3 OF DI8TRICT. •A t III III.I, . I' M I . . •riuittimoogn. p. cloudy... t •Jlllnt H III.’, H. Ill (Sreenvllle. dear Orlfflu, cfenr •M.iioti, clear....... Montlcello. clear. Newniin. clenr, cloudy __ unchanged to % higher. Ilotlr the HratllUn markets were lower by 5) rels , nd tbero waa no cbnnge lu nows from |JV •••*"• •' rimary points. Receipts nt the ports con- «".!!. “.•C , uny Inue liberal, bnt full receipts have been r,u ' nnn looked for aloco the publlcnthm of the KrUche estimate curly In the month, • enilv seem to attract no fresh nttentlon- The time would be considered undesirable. The Mr!!..- nn the PuINlu ml I rend h-’.iii* to 1*0 n thing of tho past, so for nt least. tho movement of coffee Is concerned, for Jtindlaby receipts wero ngnln foil nt 12,000 4,000 last year,—Ware & Is* r _ TI lost year,—Wore & land. Futures opened and closed os follows In New York today: OD*n Hose. ... 6 45 0 55 &U4.60 ... r. O) 6.G6A70 ... 0.66 8.75-6.ko ... 8.70-8.65 AteA88 M0 A85-8W Aj*rll Juno ... ••• ... July August ... „, * Keptemlief ... ... October . Novemlter i December ... ... Closed steady. ... 1.86 6.064110 ».. 8.00A.QS 6.10AU ... t '*• 6.10 8.1645.20 , ... 8.1K 8.S6A.8) ... 8J04* ATLANTA NATIONAL BANK ^Minimum temperatun periorl ending at “ Iq CEREALS OPENER AT HIGHER PRICES WAS DUE TO UNFAVORABLE WEATHER REPORTS. Cables Also Reported a Firmer Tone in the Foreign Markets. i- In Ry Private Leased Wire. Chicago, June 7.—Rails In all the grain pits on the board of They hid for a lot of grain and secu only to make a rush for more followli : li. |.i I- .nli ill.- -’d S.-Ul 1 fn.'Il bullish In the ranks of the Iocs I t They all went borne long n grant d. grain. In case of continued buying will gn stm higher, but if some of tl longa attempt *-ll out. well- >hnt other proiMiaUlon altog«-thcr. Crop age rejMirts nu wheat " iusing io s prices, there Final prices In wheat of itftirovlilc previsions there In ' sho liigher loivlng. ■I are advnnces of 08Qr. Primary receipts when! 245.000; cm n < 000. compared with 294.0U0 nnd 477.080 apr< tlvely a year ago. Clearance* for the day were 400>*o win icludlng flour 30,000 corn and 200/"n oi Cash aalea wheat ot Chicago 9,tn>; <■ 120,000; oats 200,t»«i; at the senbonrd 3 b* . i • mi- • "i n .-Hid l" 1 CHICAGO GRAMS MARKET. ago grain market rnng«d as fob Open. High. Lo kept .. Dec. .. i CURN- July Kept Dec. .. «pw OATS— July .. S«4 36S Kept .. H jnE Dec. .. 24V* Mil PORK— July TT8.66 18.76 Kept* ..18.37% 16.W I -A U 11 - ily .. 1.80 I.87H •pt .. 8.86 8.M rt H.U6 9.02V4 81DE8- July .. 9.6M4 9.67V4 dept .. 9.27H 9.42U Oct. .. 9.90 9.2JH an « 16.75 16.10 9.67H 9.50 0.36 9.35 9.15 9.16 CHICAGO CAR L0T8. Wheat tom .. onta .. lugs .. LIVERPOOL GRAIN MARKET. •d 1 to % hlght DAILY COTTON 8EED OIL MARKET New York. Jnno L—The mnrket for cat ion seed oil was ncijre and slightly lower- I bon H U H..III4' <llM|M'fa|l|..n lo -.-II Mil thn arclt, t ntbi largely Hun Mon id wllli i.flncd. Atlanta AugtiHtit Cbnrleaton ......... Onlvestoii l.lttle Hock Mobile RSTOKK.::::::: Oklahoma Mavannah Vlrkaburg Wilmington ........ Dlat. Average*. Temp'ture. Ill ATLANTA, GA C. K. CURRIER, Pr.8ld.nL A. E. THORNTON, VI06-Pr.1l4i.nt. H. T. INMAN, Vio-PrMld.nt. OEO. R. DONOVAN, Ca.hlar. JAMES S. PLOYD, Ai.'t Chl.r. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. Hltgfctly higher tempsraturas prevailed ver the l»elt generally the past L’4 liuiirs, rltli light abovviTs over the su«teru portion. NORTHWE8T CAR8. Following table gives tho northweat t of grain today. laat week atul laat yea IOWA CROP REPORT. Chicago, Jane' 7.—Crops are doing well In Iowa. The relatively dry weather ha* l*een favoraMe. for cultivation of corn. Tho reports Indicate that tbs eland lu generally better than iis'inl. In aomo tnrafltle* th* d* f!< l«-n> \ t.f ii|ii|■ fitrIn**8 t k.-.| »!,.• growth of small grata in the larger nre doing fair! I. both fill continued liberal consumption for • account, tin* undertone held Tin* market at tho ednao was ipib-t hnnged rn ‘ie lower than the npeu- ire A Inland. COTTON 8EE0 OIL. Opening (loss. iX Heptambar .......... .v 32 ©::2H 32 632% SOUTHERN EXCHANGE Oldest Established Office 8outh. conoa STOCK - BONOS Mill Oround Floor Oould Hulldlng. Daily mnrket letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN CorrespoBtfsafs Capital $250,000 NCrCSKNCC. THf NKAL BANK PMONf fair. aauocNTiAL uloo HAVEYOUANYMONEY AHEAD? I. it InveBted where It is perfectly aafe? Is It avallablo now ir FORTUNE should knock at your door? PrepRra yourself to take advantage of opportunity by Invc.tinK your Ravin kb fn this bank, where they will earn 3Vi per cent COMPOUND INTEREST, be per fectly safe and avallablo practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 Asa G. Candlsr, President. W. H. Pattarsdn. Vica-PrasidsnL A. P. Colss, Cashlsr. John 8. Owens, Vics-Prasldsnt. Wm, D. Owens, Asst. Cashlsr. FIT. L nil, Frtiidfi tOBT. f. MADDOX, Vkt.frtf. Trxmn to giTen 28,800,000 bushel* of wheat Oktahcma 000. and Ne braska 28.008.000 by the h*>utnweKtern [ Grain Deal? ' * ucUtion. MADDOX - RUCKER BANKING CO. CAPITAL S200,000.00 SURPLUS AND PROFITS . S5BOO,000.00 ACCOUNTS INVITCO. Wc poll the widely known nnd extensively used Circular Notes and Letters of Credit of Thos. Cook & Son. * In Our Savings Department wc allow Interest it the Rite of 3 1-2 per cent Compounded Semi*Annu«Jly. PIEDMONT BROKERAGE CO.. (Incorporated.) Basement Fleer Piedmont Hotel. STOCKS. SONOft. CRAIN. PROVISION*. INVESTMENTS, Fast Wire Service from New York, New Orleans, Chicago. COSSCIPONOENTS M. a. SACK A CO.. 4i BROADWAY, NEW YOSK. 80V. WOTZf, Lot* 1 ••‘J t««s 0Sell flees tHI.