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

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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. ““