Newspaper Page Text
THE ATLANTA
♦ 1 '
GEORGIAN.
1
f MARKETS
^ •"
SUSTAINED PRICES
SHORTS uneasy in these
POSITIONS.
Liverpool Wu Sllghly Bettor in
the Spot Department—Fu
tures Weaker. *
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Gloert & Clay.
Hew York, June 7.—Price brokers
came In to July and the local crowd
bid up the market.
The market la dull and ltstleas and
no feature to the trading:.
Wllaon bidding: up the market: also
I Liverpool showed a slight fmprove-
'ment l n *!»• ®P ot department. Sales
were first reported at 5,000 bales, but
y,ey were later Increased to 7,000.
Quotations were advanced 2 points
to ■
The futures market was disappoint
ing m that-prlces at the opening were
unchanged to 1 point down, when they
•ere due to come 1 to 2 points higher.
New York o|>ened 1 to 4 points low
er* which wan slightly better than due
on cables, but Immediately recovered
to yesterday's closing figures for the
near-by deliveries, while the later posi
tions were adversely affected by the
favorable weather and crop news.
The government’s acreage and con
dition report Is still under discussion
hv the speculative trade, and by those
who have nothing to lose other than
profits on paper cotton.
■The acreage figures did not suit a
considerable number of this class.
They were expecting figures much
higher, and wero probably in the mar
ket for a sharp decline, hence the
kick.
The New York Sun voices the senti
ment of these high figure people as
follows:
"There Is a general belief ln the
trade that the acrenge Is much larger
tb»n that of last year. And If wa
consider the fact that prices are S15 a
bale higher than then, It would seem
that there Is a pretty powerful Incen
tive to Increase the area. The South
ern Cotton Association asks people to
believe that the increase Is only about
13-4 per rent. The average member
•f the cotton trade here balks at this
dose.”
The Southern Cotton Growers Asso-
elation Is a representative body of
Southern planters. Ita facilities for
gathering news relative to the num
ber of acres plnnted and Its condition
are equal to those of the government or
those o'f 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.
Disappointment is tnalnly responst-
ble for the statement that the govern
ment report fall* far short of the actual
number of acres planted, and had the
figures been placed at 30,000,000 acres
this crowd would have been satisfied,
for then cotton would now be selling at
10c or less.
However, Secretary Wilson Insists
his figures are correct, and that there
has been no juggling In making up his
report.
Commissioner of Agriculture T. C.
Hudson, from 750 correspondents re
porting to the state department of
agriculture, shows a decrease of 1 per
cent In acreage and condition .85.
The summer positions wero advanc
ed In the afternoon, due chiefly to un
easiness of shorts, and the new crop
sympathised.
Norden.
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-
tlcularly Interested ln seeking out soft
spots that do not appear. Beyond the
willingness of a few manufacturers of
heavy brown 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 leaders are begin
ning to apeak openly to the efTect that
the trade will be very large for the
last six months of the current year."
New Orleans, June 7.—Our traveling
representative wires: "Ban Antonio,
Kennedy, Cuero to Flatonlo—Fine crop,
clean and well worked; commencing
to need rain badly; very dry, hot and
windy.
"Rockdale, Cameron to Waco—As
whole good, but fields getting 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 hare occurred on the At
lantic coast. Otherwise the map Is
dry and warm.
The western forecast Indicates fair
anil 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.
Edited by
JOSEPH B. LIVELY
LITTLE STOCK
WAS FOR SALE
MARKET CONTROLLED BY IM
POBTANT BULL INTERESTS
Leading Issues Were Practically
Accumulated at Much Lower
Levels.
Private Wire to Ware A Leland.
New York, Juno 7.—Prim was
to have bought about 17,000 bales of
July, and tin* ling story was that It
was short covering. He is still bullish
on the fall positions.
Hoadley is said to bo a bear on the
new crop months.
The South covered shorts to some
extent at one time, but this was
garded as merely taking pronts. The
South is inclined to sell on bulges.
Cotton opened steady at about prices
expected on Liverpool cables.
Rlordan and Scblll 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, Juno 7.—Practically no
rain Is shown over tho cotton belt on
the weather map. Temperatures are
high.
The not stock of cotton ln New Or
leans Is 65,744 bales, against 70,636
at this time last year.
vThe amount of. cotton on shipboard
Is 31,394 bales, against 44,262 bales lost
year.
8POT COTTON MARKET.
Now Orlesns—Qulrt. 10 13-16c.
I.irrriMiol-QuIeT. 6.01d.
Augusta—Quiet, Ur.
tUviumsh—Quiet, 10?4e.
Ht. I/uils—Qafet,
Norfolk—Quiet, 11c.
13-I6c.
RANGE IN NEW 0RLEAN8 COTTON
Cotton futures ranged ns follows at New
Orleans today:
10.81 1474*18
.... ... 10S6 10..6 10.63-64 M.61-63
kept .10.46 10.49 10.48 10.49 10.46-47 10.37*39
fk.< ... .a in «-> imn Irt 1A -A.—7
lo.a 10.31 10.3 10.32 10.31-32 10 20-2
IM lrt.32 <♦ V'.27-29
INK-. .10.26 10.36 10.25 10.34 10.33-34 10.29-30
10.31 10.40 10.14 10.00 10.30-40 10.36-37
MNGE IN NEW YORK COTTON,
The following Is tho range ln cotton
I futures lu New York tndsjr: ^
Last Previous
Open. High. Low. Close. Close.
Mi-10.47 10.52 10.47 10i82 10.57-59 10.51-62
Ally .U.83 10.61 i».r,: Ktz io.s-jm iomr;
Aog. .10.43 : 1 1 1 4. KJ>I 10.49 5*1 1M7-44
•ept .10.39 10.43 10.36 1443 10.43 44 10.3K-39
10.34 10.41 10.32 10.39 10.39-40 10.30-37
.10.36 10.44 10.35 1 0.43 10.43-44 10.40 41
*10.41 10. IS 10.39 10.« 10.47-48 10.43-44
10.47-49 10.43-46
■ 10.54 10.56 10.84 10.56 10.56-67 10.52-54
t lo*ii steady.
Keh
LIVERPOOL COTTON MARKET.
JLiverpool. June 7. 12:15 p.m.—Cotton, spot,
Wet. with prlco* KtHiuijr: middling un*
■nds «.0id. Kfties. ?.noo; American. 5,500;
■Promt Inn and export. 1,000. Receipts,
t»>: Ana-riven, 2.6X
enturea opened steady.
Inly
. Aug.
Op’g. r'nge. Close, close.
..XtUwT6 5.76 5.77
Nt-Oet
gfl-.Vor.
PW.-IHh*,
...Hill!
lin.-Keh
?W}.-M*rcb
Closed quiet.
. 5.77-5.76
. 5.7H-5.76
. 5.72-6.70
. 5.66-5.44
. 5.60-5.58
. 5.58
76
5.69
5.63
5 58
TODAY'S PORT RECEIPTS,
iff fallowing tnblw shows receipts at tbs
compared with tbt same day
E*i
Orleans
“•Irestoo I*****'
JfclTY
R
autmh
rV.tou ...
f««toa
folk
■j-ii.hii";;:;;::;:;
Twin
•J
Now York, Juno 7.—There was something
of a change In tho cotton market this
morning. In nil probability this was duo
to the absence of sufficient moisture In
several portions of the cotton belt. There
have been complaints of Insufficient nreclpl-
tatlqn In southwtstern Texas and in por
tions of the Atlantic states. For a wll
these reports have attracted comparatively
little attention, but the persistency of rather
high temperatures, coupled with tho lack
of rnln, has at Inst aroused uncertainty
and caused more or less short covering. It
does not seem ns though the crop were
suffering to any great extent, but with the
from one of extremely favoring conditions
to adverse surroundings will have derided
Influence on sentiment. Until we hnve
nbundnnt rnln now In the sections where
rain Is needed, wo nre not likely to bare
very much of a decline In cotton, nnd
prices may work up again over 104c. *
Is a weather market nnd at lOftc there Is
too little cotton for sale to sell at that
figure with nny hope of profl^ y\o may
Naw York. Juqo 7.—Cotton—Business in
the local market In New York today was
dull nnd the fluctuations narrow—altogether
a very unlnterestlug market,
were up 2 points, while futures, which were
duo up 2 points, came 1 lower. Tho new
crop options after selling off 3 to 4 points
van red S points from bottom. It M thought
by good Judges that there will be a good
demand for early deliveries of tho new
crop, while the old cron was of too low
grade to be - desirable. The continued good
weather cheeks nny advance, and we only
advise buying on the extreme weak spots
for the present
S locks—Con tinned strength and advancing
tendency In the stock market today, and a
rather noticeable broadening character of
the trading. London traded on both sides
of the account, but l*»ught more than sold.
The continued excellent crop reports hdo
ndvnnce the Granger shores, Kt. I'nul,
quickly advancing to the new high point.
The coaler shares also,became active, and
Heading scored an advance of 2 points
over last night’s rfcslif *f?re*. On the
whole, the market actedhighly satisfactory
to the bull element. Some rwslopi are
to be expected under profit taking, but on
these weak spots stocks should be bought.
There is a short Interest still uncovered
In the market, nnd lighting the advance
by the room bears is still In evidence. The
bull crowd took up some new stocks again
today. Hnltlmor.^snd Ohio. Hrnokhu Rapid
toaiav. nnmiuuir
Transit, oral the Mluourl. Kansas nn.1 Tax
as Issnrs wen errj atroif. At thl, wrlt-
Inc the markat Is doll. Imt tilTtnrra an
INTERIOR MOVEMENT.
ISM
1906
Ilouetun
4M
4002
324
347
106
Augusta
MemphU
St. bont
322
294
ToUl
1466
660
ESTIMATED RECEIPTS.
Sew Orleans axpartt «» to 1-0 balm,
cain.t 2.MS aptoal last jaar; GalTMtaa.
gjj to {fS. aosln.t *.T« artual las, raar:
ousb.n. M to 1.308. ajalnst 2.0 aclaai
last jaar.
GIBERT & CLAY
.. STOCKS. iON OS,
c. ALABAMA ST. COTTON. o«*IN,
cosrcr. provisions
ATLANTA. OA.
MKHBKRSt
r”? *'«* Exchange 'New Otiose* c’otton F.i
go rrMesgo Board of Trade.
Cotton Exchange New itrleaas Stock Bxehsnse.jUtrerpool 4
Tork Coffee Exchange'New Orleans Hoard of Trade Galveston Otto*
By Private Leased Wire.
New' York, June 7.—To a very large
degree the uncertainty visible on the
previous days disappeared from to
day’s dealings. The market was broad
er and more active, and the advances
both larger and better distributed than
they have been at any .stage of the
upward movement which started a
week ago. White the flavor of profes
sionalism was still uppermost, gen-
eral a rise could hardly have occurred
without assistance from inoro impor
tant Quarters. The judgment tenta
tively expressed on the previous days
that the larger Wall street interests
were actively enlisted on tho side of
rising prices, was confirmed by every
thing that happened during the day.
Tho profit-taking of yesterday and the
day before had considerably Improved
the market’s technical position. It had
kept down any excessive tendency
which wus the danger If plunging oper
ations had been encouraged. In this
morning's trading, therefore, tho mar
ket was well situated to resume tho
advance that had been partly Inter
rupted on the preceding days.
There was plenty of evidence In the
stock market today that It was held ln
absolute control by Important bull In
terests which had accumulated pructl-
cully all the supply of leading Issues at
much lower price levels, and that the
bulk of tho 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.
Mr. Lively Imh edited Markets in Atlanta and tho South for more than twenty-
fivo years. His experience makes him the most reliable, market editor in the
South if not in tho entire country.
Amalgamated Copper..
Atlantic Coast Line a......,.!!...*..!!!!
American Sugar Refining
miotlve...*
citing iVcfluIng..
do profei
Aincrlr
red.,
Cotto
1 and Ohio.,
Rapid Transit.,
Baltin
Brook I y
Canadian Pacific
Chicago nnd Northwestern.,
peaks nnd Ohio..,
Colo
id Iron.
Central leather
Chlcagd ami Great Western
Chicago. Milwaukee and St. Paul.,...,..,...,
Erie
Ml...
Electric..
Illinois Central ,,,,,,,,,
American lee Securities
Ix)uUt1IIc and Nashville.,
Mexican Central....
Missouri Pacific
New York, Ontario nnd Western
Nntlonnl Lead
Northern Pacific
Now York Centre!....,
Norfolk nnd Western
Pennsylvania
People's lias.
pressed steel car !!•!.!!!!!!!!!!!!!!!!!!!!!!!!!!!
do. preferred
Pacific Mali
Republic Steel....
Rock Island
do. preferred
United States Rubber
do. preferred
Southern Pacific
Southern Railway..
do. preferred
Slosa Sheffield
Tennessee Coal nnd Irou
Texas nnd Pacific
Union Pnclflc
United StnffK Steel.
tin. preferred.... „
Virginia-Carolina Chemical..,,,,,....
do. preferred...., *
Western Union
Wabash
do. preferred
Wlsentislii Central....
do. preferred
Open' IJ Igh | l/ow. J Close (Bid JCIose
UWft. 11'". U19 Yi*-.»V' i ■:•** 1"* .
149 , 149 148% 14*%! 14>*ft 1 *s
Z." * Z.J LWV, N.J , -71 \ 270ft
7-'» T2H ?2 | 72 +2 71%
115 I 115ft
159ft 159 Vi I 187 ft | 15ift 158ft 157ft
119ft' 12t» , 119ft; 119ft l!9ft Ipft
;**>ftl 91 ••*) , 9>» 90ft' 9«>8,
102ft: 1"Jft pijft. 1*. ft P».*S lu.-ft
32ft 32ft 32ft 32ft 32ft' 32ft
THE WEATHER.
hlght and Friday.
iv\ lluft 109ft noft' iloft lawft
ST. t S5ft 84% b4ft Mft
l«il 161ft 160ft 161 1C ' ' — r
2’Q 203ft' 2U3 203 2i
56ft] 69ft | 69 59
«lft 61ft 59ft 59ft
88ft .’‘Sft
STOCKS REVIEWED
BY NEW YORK SUN
New York, June 7.—Th. Sun any*
“The slight reaction In prices which
occurred late Tuesday afternoon dis
closed that there were few stocks of
fering for sale at concessions, and that
the speculative position of affairs was
strong. There wero a variety of other
IndlOAtlons. all pointing to the fact
that the market .moved upward more
readily than It declined, and that, at
though no violent advance In values
was promised, the net result of all tho
Influences bearing upon prices at the
moment was auch ns to work tho mar
ket slowly to n higher level. There
fore, although tho trading wns, during
u |K,rtl"n of the time, uncertain and Ir
regular, the buying of atocka when It
did tako placo was of a confident order,
anil It was evident also thnt tho mar
ket was gradually assuming greater
breadth. Inactivity still reigned on
the European bourses, accompanied,
however, by firmness In prices. Con
solidated Gas rose sharply upon tho
prevalence of on Idea that tho Federal
courts would grant an Injunction re
straining the operation of tho SO-cent
gas law, pending the final decision of
the law-suit Instituted to determine tho
constitutionality of tho law. The
American Locomotive and Railway
Steel Springs stocks wero strong by
renson of the renewed circulation of
old stories Unit rinser relations be
tween both of these companies and the
General Electric Company were matur
ing. All the stnndard stocks In the
market were, ln fact, active and high
er."—Glbert & Clay.
GIBERT A CLAY’S DAILY
COTTON LETTER,
Now Orleans, June 7.—Options nbroad
f.llod to respond to the advance flint oc
curred In the eli-Atlaptlc markets jester-
pot Mill**
- orvr rtemt
trnnractlonn. tbn total today halng -7.400
hair* at an ndtanro of 3 points. Tha
strength that tho sumraor month! dlRplnyi'il
today gave tho entire IM a buoyant np
pearanr»*. This ran undoubtedly bo trar<*d
to tha fart that there exist* a dMMPd *bort
Interest lu those position*, nnd with tho
approach of July cnDulderable concern Is
atanlfeated by ahorta, who bar. been rov
•rlag their commitments In no nucertaln
maaner.
The ateadlneaa of futures aeem*
to have awakened a more general desire to
buy spot cotton, at nny rate a very much
hotter demand has horn In evidence today,
but the desired grades are reported
scarce thnt. however Insistent the d<—
N evert be-
_ ^ u UMt M
Ss desire to replenish suppIii’R become Im
perative, a far greater Interest In the
_ turally be crested; also fulfill a
long desired want. Our crop reports today
nre almost of one accord—agreedIngly fa
vorable. and Indicate that the plant Is innk-
lag very sotlafactory progress. Here and
there, complaint* sro made of snaiBre
moisture nn«l the eopsequsut Inability of
fanners to properly work the fields, but
taken as a whole, the weatln
n« favorable n* could well be
ctcd.
By Private Wire t6 Glbert A Clay.
Chicago, June 7j—Weather Is gener
ally line. It is claimed that the Ken
tucky wheat condition hoa Improved 10
015 points since the official report was
compiled. Prices may be worked high
er, but It will require a great deal
more of outside support to maintain
them. The country Is decidedly skep
tical about buying on crop outlook.
Corn continues to soar, and the beam
to be ’’sore.” Stiff bid* went out for
corn last night, and the amount of ac
ceptances should hnve considerable
bearing on the market There Is no
scarcity of corn, and the crop outlook
Is decidedly favorable, but the atti
tude of the farmer about selling ia
the prime factor aa a price-maker.
Believe oats relatively cheap, com
pared with corn.
TIPS FLASIIED
From Wall StrcoL
Private Wire to Glbert & Clay.
New York, June 7.—Daniel Odell A
« > “Stork market Hurtuutdisplay
a tendency to contract and specialty
operation* by the bull party constitute
Hi-' chief at ti\ Itv. but nil tin* time ir
regular Improvement takes place, Jus
tifying the conservative bull position
for fair returns, and w'o continue to
advocate such a policy, selected Issues
to be bought on aoft spots or when be
ginning bullish activity after a period
of comparative quiet."
Uptown sentiment: "Members of tho
uptown party are quite uniformly op-
timi-tlr regarding tho course of the
stock market. Tho consensus of opin
ion Is that prices wMl) contlnuo their
upward course for some time yet. Some
Irregularllty Is naturally to be expect
ed on account of proflt-taklng and bear
pressure. Hut the la st Judges nre con
fident that whatever selling comes from
these sources will not bo sufficient to
keep the market down. Experienced
operators are somewhat amused nt the
criticism which Is quite generally of
fered that w’o are not going to have
much "f a bull innrket because the
trading Is bo largely of a professional
nature.”
8TOCK SALES.
”, *• m 293,306 shares
5°on 444.**) Nlmre*
* P* m 546,300 shares
*«.p! P 1 *. .. ,. .. ,, ,, ,, .,680,300 share*
..842,400 shares
Total
countenanced by exports.
Danger of wet harvest In winter
wheat belt now considered remote.
Twenty-eight roads for fourth week
of May show average gross Increaso of
13.70 per cent.
Money continues to return from
Frisco.
Twelve industrials advanced .17 per
cont.
Twenty active railroads advanced .49
per cent
THE COFFEE MARKET.
Now York, June 7.—Tho fioffeo market
opened steady nnd unchanged to an ad*
vanco of fi point*. There wns n moderate
trade on the mil. about 8,000 bag* being
■old, bat later btiNlness wns very quiet and
not above 2.000 hags were ndaoit to tho
bUHlnesB during the Inter foreuoon. The
Initial advance wn* due to covering by
By Privato Wire to Ware A Leland.
New York, June 7.—Further n«l-
vancea In prlco of standard railroad
stocks Is to bo expected. We antici
pate little change, however. In the pro
fessional character of tho market.
Summary of yesterday’s stock mar-
k«’t I - \ I )mv, Jones A- < V>.;
American stocks In London Irregu
lar, mostly rather nbovo parity.
Hank of England rate unchanged.
Krle April net earnings, $891,822, de
crease, 348,261.
Seasonable falling off In some lines
of finished steel, but situation as strong
as ever.
Fair Inquiry for 8t. Paul In loon
crowd, but other Itocks plentiful.
New York Central gross earnings
for May will show smaller Increaso
than early months of the year.
Packing houso disclosures expected
to affect exports and modify balance of
trade.
Consumers of copper fairly well sup
plied and further advance In prlco dls-
hnrr* nnd the steadiness of th\
markets. Ilnvre opened ft to ft higher and
private cables from there said tin* market
acted oversold, latter, however. Havre re
acted nnd at the hour of tho local opening
wnn not unchanged to ft higher. Ham bant
wns unchanged to ft higher. Both tlm
Brasilian markets were lower by f>0 reli
nnd there wa* no change In news '
primary point*. Ueeelpts nt tho ports
tlnoe liberal, but full receipts have b...
looked for slneo the publication of th<
Krlscho eat I nut to oarlv In the month, nnd
seem to attract no fresh attention. The
weather la good for h»rve*tlug.
cloudy In one or two district*, Im
rlpltatlon was reported. Heavy rain
WEATHER IN COTTON BELT.
Selma—Clear and hot.
Troy—Partly cloudy and warm.
Opelika. Montgomery, Birmingham,
Mobile—Clear anti hot.
Meridian. Vicksburg, Hazlehurst,
Rmokhaven, Jackson, Greenwood, Cor*
lath nnd Winona—Clear and hot.
Now Orleans and Shreveport—Clear
and hot.
Memphis—Partly cloudy and hot.
Knoxville—Clear and hot.
Chattanooga—Clear nnd warm.
Columbus—Partly cloudy and warm.
Albany—Partly cloudy and hot.
Thomasvlile—Cloudy and warm.
Rome—Partly cloudy nnd warm.
Atlanta—Clear and hot..
Galveston—Clcnr, temperature 81
I)nla»—Fair; 78.
Navosota—Clear; 81.
Texarkana—Clear; 71.
Sherman—Fair; 78.
Paris—Cloudy; 71.
Joplin—cloudy; 74.
Waco—Fair; 78.
CEREALS OPENED
mum prices
WAS DUE TO UNFAVORABLE
WEATHER REPORTS.
WEATHER FORECA8T.
Louisiana, Georgia, Alabama, Mta
slsslppL West Florida and Fast Tex
aa—Partly cloudy and continued warm
Thursday and Friday; freah aouth to
aouthwest wintis.
West Texas—Fair Thursday; cooler
ln northern portion; Friday fair.
Arkansas, Tennessee and Kentucky—
Generally fair and continued warm
Thursday and Friday.
Illinois, Indiana—Partly cloudy with
showers tonight or Friday; cooler Frl
day night or Saturday.
Missouri, Lower and Upper Michi
gan, Wisconsin, Minnesota-*Showcrs
and thunder storms tonight and possi
bly Friday; cooler Friday.
Iowa, Montana—Partly cloudy to
night and Friday with rain and cooler
tonight.
North Dakota—Rain tonight and
Friday; cooler tonight.
Bouth Dakota, Nebraska and Knnsns
—Fair tonight and cooler tonight and
Friday.
WEATHER CONDITIONS.
The northwestern storm hns remained
nrnrttrnlly stationary during the last 24
hours, being Mill centered over the I»n-
kotn*. Tho influence of this storm Is being
felt s* for enst as Michigan ns shown by
tho rapid fall In pressure tlnco ye*terduy
erenncil slowly, bar I9 still al*oat normal.
The Pnrlfle coast Is under tho Influent ••
of an area of high barometer central near
Portland, Ore. •
The temperature continues high over the
eastern half of the country while In Mon*
tnun nnd Wyoming it Is colder with frost
nt Yellowstone I’nrk
.The eastward movement 6f tho north*
western low nren will give generally fair
weather in this section tonight nut I Friday.
J. R M.lIHIURY.
Local Forecaster.
COTTON REGION BULLETIN.
For, tho 24 hours ending at 6 s.m , 75th
ertdlsn time, June 7, l»d.
HTATIONH OF
ATLANTA
DISTRICT.
•Atlanta, dear
Chattanooga, p. cloudy..
Colombo.
Gnliit'Hvllle, clear
Greenville, clear...
Griffin,
r .,t M Holin', eiouay...
from Rprtrfonborg, dear
“Jr? Tallapoosa, cloudy
Toceos, rlear
West Point, cloudy
thl* time would Ihi considered undesirable.
The strike on the Pullsta railroad ssemi
to be n thing of the past, so far nt least,
dot* were again full nt 12,000
4,000 last year.—Ware A Lo-
bag*, flgllllRt
laud.
Futures opened and closed as follows In
Now York
flKr 7.
Juno ... ... ...
July ...
August ... ...
Heptember ... •«
October
November ... ...
I»et ember
Closed steady.
r.:. v.\::
Open. rioso.
, 6.46 6.55 6.66 6.60
, 6.60 6.65-6.70
p
, 6.70-6.65 6.80-6.85
:|F «r
§M4M 6.164.15
534.16 6.154
, 6.30-6.3 6.30 6 35
,6.30 6.35 6.40-6.45
, 6.40 6J0-6 65
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. E. CURRIER. Pr.dd.nt. A. E. THORNTON, Vlo.-Pr.dd.nt.
H. T. INMAN, Vlc-Pr.dd.nt, OEO. R. DONOVAN, Ca.hI.r.
JAMBA ». PLOYD, At.’t C»hl*r.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
h'-lplng
The Cincinnati Prl- e Current fey
-lie, er.'. ruin-- ;ir>- affor-lli
tent relief over wMe ar--«,
winter wh*«t. Improvlntt rnanca
tor oat*. Putting com In an cncour-
•dne podtlon end better gnt* laml«.
Indication (or an *bun>l.ni fruit
crop."
MlnM*poll* wire.: "ilMvy rnln* In
Cenadu. North Dskotn cr.-Ililon* un-
(.Torsble. It I* cold end cloudy there
now, end ralnlny "
. rrtr.tr Wire to *11 Kict».n^<
L: ‘-«l and Long OidanM T*l*phon. 92M.
W.' R. PAGAN, Meneger.
Tex a* 1* trlv.n 10*1*1 bushel,
of wh-at. Oklehomo 10,000,Odd, Wld Ne
bruk* M,000,00. by the “ - 1
Grain Dealer* - Af .clat
re.tem
HAVEYOUANYMONEY AHEAD?
idlng
teniperntures
Cables Also Reported a Firmer
Tone in the Foreign
Markets.
it
By Private Leased Wire.
Chicago, June 7.—Bulls w
In nil the gralu pits on the
They bid for n lot of grain
only to make a rush for more following the
selling the prlco advanced. Hentlinent wns
•fililab In the ranks <<f tho loonl talent.
They nil went home long n great deal of
grain. In rase of continued buying prices
will go *MII higher, but If some of tho Mg
longs attempt to nMI out. well — that’* an
other prop'-iltlou altogether. Crop dam
age reports ou wheat and nnd nets were
tiulte numerous nnd with tho farmers re-
ru-lmr *eM their < <>i n nt still higher
nrtres, there wn* n concentration of buying.
Final prices for tho day showed advance*
in wheat of lftl/2ftc; In corn
provisions there were advances of 2ft
id 477.000 re*
’t'Isarnnee*'for th? day were 400.0*» wheat;
Including flour 20,000 corn and HUOMO
C’osh sole* wheat at Chicago 9.1*30; corn
150.000; oats 200.000; at the sen board 3 loads
wheat; 7 loads corn nod 100,000 oats.
CHICAGO GRAIIS MARKET.
WHKAT-
July .. 81ft
ikept .. 604k
Open. High. Low. CIom. closa.
83ft
51ft
Ml
OAT8-
Juiy ..
Hept ..
51H
51ft
49ft
49ft
4tft
4«\
l’OHK —
July ..16.65 16.75
Sej.t ..16.37ft 16.60
36ft
.TP |
34ft
36ft
33ft
LARD-
July .. 8.80
flept .. 6.81
Ort. .. 8.95
MIDICM-
July .. 9.62ft
Hept .. 9.87ft
Oct. .. 9.30
S
h >1
6.95
9.67ft
9 4 ’ft
9.33 ft
9.15
9.10
8.90
CHICAGO CAR LOT8.
Today. Tomorrow.
LIVERPOOL GRAIN MARKET.
, UlllftU
: 1:» p. i
higher.
DAILY COTTON SEED OIL MARKET
CENTRAL
STATION.
Atlanta
AugiiHtn ..,
riinrleston
(Inhesion .
_ tgomery ,
Now Orleans ,
Oklahnu.a ....
Havannab ....
V|ek*burg ...|
i
pist. Averages.
Tentp’tur
5?^
II!
York, Juno 7 The market for i
d oil wns netlrc and slightly low
'I her** u.i-< Rome dhpoMltlmi f.. *e|f on
rot ton weather Olid crop • "inlltlmi*. I
flu* furl Iht ndi ii nee In bird l.nd.-d
i<*ck tho selling. Interest early wa* e
re«l In tho nesrhy delhorb*
"P
eglei
- waiting
of oil, both rrw!
limed liberal eo
•d. The *lt i
toady. The market at tho close w
nd unchanged to fte lower than t
ig.—Ware X Lolsnd.
COTTON SEED OIL.
Remark*.
Hllghtly higher temperatures prevailed
tkf Iwlt generaUy the past H hours.
' amftfOtL
t 'it v
with Ugbt showers <
NORTHWEST CARS.
Poliowing table give* the northwest
of grain today, last week and last ye»
Minneapolis ,
Pulutb ......
Chicago ....
Today. Week. Ye
IOWA CROP REPORT.
Chicago, Jans 7.—Crops are doing well
In IOWU The relatively dry weather *
t the stand I* generally
In some localities the
list ter than _
deficiency of moisture has cheeked
tb Of Minnll grain nnd hay crop*, but
t the itnto tbs crops
vm targsr part m
doing fairly well.
opening, rioso,
» 37 4i3» 37 fi»
July 37ft#37ft S7ft#M
Hoph'intfor *77ft#37ft mlmru
October .V, 4/36ft 36 4/36ft
“—ember 32 q-.Uft .rftSsa
finber J.... 32 ty32ft 32 iff32ft
osed steady.
SOUTHERN EXCHANGE
Oldest Kstabllsbed Office South.
com*- —STOW! BONDS MAM
•ur
market letter and market manual
mailed on application.
L. J. ANDERSON A CO
Bankers and Broken,
COTTON, STOCKS, GRAIN
CorrwpondMt’s Caplttl $250,000
Is It Inve.tcd where It 1* perfectly lafo?
I. It available now If FORTUNE should knock *t
your door?
Prepare yourself to take adranta/to of opportunlly
by Inve.tlng your Having* ln this hank, whnro they
will earn 3 ft per cent COMPOUND INTBRSST. bo per
fectly aafe and avallablo practically on demand.
CENTRAL BANK & TRUST CORPORATION,
CAPITAL $500,000.00
An G. Candl.r, Pr.aid.nt-
W. H. Patt.r.on, Vic«-Pr».id.nt. A. P. Col.., Ca.hl.r.
John 8. Ow.ni, Vic.-Pr.aid.nt. Wm. D. Owin., Aa.t. Ca.hi.r.
HUBBARD BROS & C0-,
COTTON
Atlanta Offices, 219*321 Century Building.
Members New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Board of Trade, New York Cof
fee Exchange. New York Produce Exchange.
Business solicited for the shove exchanges.
Direct wire service. Correspondence invited.
Phones 454, Long Distance 39. A.S. Hustare. Mgr.
WM. L ntl. htildtnr
H067 f. MADDOX. Vl<t-rr".
JH03. L HIMS. Cntkltr
IAS. 0. LISTIK. An"l Csihltf
LELAND
*S, STOCKS, BONDS,
MADDOX - RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
$200,000.00
SSOO,000.00
fire fsrfc. Ntw OrlVMf,
ware: a
COTTON, GRAIN, PROVISIONS
Jl*. 2 Wall SI.. Mm Buii4Jn§. Atlanta. 0a.
MIMSIKS.
fftv Yark Cation luhan^t
Saw Otltaat Caftan lnhanga.
Llfaraaal Cattaa Attodation
rrl.ati Wlrat ta Haw Yark. Haw Orlaaat. Chlta^a
Sail PIaaa I HI
Ckltafa Saar4 at Train.
Chuaao Stork lukangt
otk Cottao luhanga.
ACCOUNTS INVIYCO.
We pell the widely known and extennively n«ed Circulnr
“ Notes nnd Lcttera of Credit of Thos. Cook & Son. •
In Our Saving* Department we illor Intereit it the Rate ol 3 1-2 per cent
Compounded Semi-Annually.
PIEDMONT BROKERAGE CO.,
(Incorporated.) Basement Floor Piedmont Hotel.
STOCKS. BONOS. CRAIN, PROVISIONS. INVESTMENT#,
Fast Wire Service from Now York, Now Orleans, Chicago.
CORRESPONOCNTS
M. J. SAOC A CO.. 42 BNOAOWAV. NEW YORK.
IDW. MOTH. Monsfor. Laral a»4 Lo»§ Dittaata Sail PUna tJtl.
““