Newspaper Page Text
■n
THE ATLANTA GEORGIAN.
Ii
fMARKETS
SUSTAINED PRICES
SHORTS uneasy in these
POSITIONS.
Liverpool Wu BUghly Better in
the Spot Department—Fu
ture! Weaker.
Liverpool showed a slight Improve
^SKnt | n the spot department. Sales
were flret reported at 5,000 bales, but
tiiey were later Increased to 7,000.
Quotations 'were advanced 2 points
to S.01.
The futures market was disappoint
ing In that prices at the opening were
unchanged to 1 point down, when they
were due to come 1 to 2 points higher.
h'e* York opened 1 to t points low
er which was slightly better than due
on rabies, but Immediately recovered
10 yesterday's closing figures for tho
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 la sill) undpr discussion
by the speculative trade, and by those
who have nothing to lose other than
nmflti on paper cotton.
The acreage figures did not suit a
considerable number of this class.
They were expecting figures much
higher, and were probahly 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 genera! bellof In the
trade that'the acrenge Is much larger
than that of last year. And If we
consider the fact that prices are (15 a
bale higher than then. It would seem
that there la a pretty powerful Incen
tive to Increase the area. The South
ern Cotton Association asks people to
believe that the Increase Is only about
13-1 per rent. The average member
of the cotton trade here balks at this
lose."
The Southern Cotton Growers Asso
ciation la a representative body • of
Southern planters. Its facilities for
gathering news relative to the num-
Iber of acres planted and Its 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.
Disappointment Is mainly responsl
ble for the statement that the govern
ment report falls far short of the actual
number of acres planted, and hnd tho
figure* been placet! at 30,000,000 acres
this crowd would have been satisfied,
for then cotton would now be Belling at
loc 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 were advanc
ed In the afternoon, due chiefly to un
easiness of shorts, and the new crop
sympathised.
NEWS AND GOSSIP
Of the Fleecy Staple.
SPOT COTTON MARKET.
Atlanta-Quiet, lie. _
New York—Quiet. 11.20.
New Orleans—Quiet. 10 1318c.
t.1 \ »■ r|„ „il—Quiet. f> 01*1.
RANGE IN NEW ORLEANS COTTON
Cotton futures ranged ns follows at hew
Orleans today: _ .
Lh —I PtvtIom
Class.
■HRHMi... urn iotTS
July .10.75 10.83 10.75 10.90 10.S3 M W.80-81
Aug. .10.53 ia« 103M 10..5 W-Ott 10.51-53
kept .10.45 1UO 10.44 11.43 10.43.4, 1037-33
(Jet. .10.23 M.M M.3 law lO.n-JS 101J-2
(tee. .10.25 law 10.3 10.34 10.544 10*49
Lin .pi.34 10.40 10.34 1040 10.30-50 10.35-37
filii'. jn.si ioii io.ii ioiM io&ii io&ii
Closed steady 1 .
RANGE IN NEW YORK COTTON.
The follnsrlng Is tho range In cotton
futures In Now York tndiir:
Last Previous
, Open. High. Low. Sale. Close. Close,
lone .10,47 10.82 10 47 1062 10.57-69 10614;
July .10.63 10.83 10.6: pea; 105*41 10.1w.57
Aug - - ‘
t
10.45 10.61 14.42 10.60 10.49*0 10.47-41
RSI 10.43 BUS 10.43 11.044 10.3S-J9
10.34 10.41 10.32 10.30 11.39-40 19.36-37
10.33 10.33 10.23 10.33 D.3S-40 10J6-3S
10.34 10.44 mas 10.43 10.43 44 10.40-41
10.41 lfttf 10.30 10.4$ 10.47-48 10.43-44
10.47 49 10.43-45
PPl).54 10.64 10.64 10.66 10.56-67 10.52-54
1 towd Mt#ndy.
LIVERPOOL COTTON MARKET.
Urtrpaol. Jan# 7. 12:15 p.BL—Cotton, spot.
- Mth prl##t steady: middling up-
'•In. said. Hal##, 7.000; American, 6.5oO;
J*ral*tlon and export, 1,000. BecdpU,
!;■ Amerlean. IWtJ
luturiui opened attstly.
Prer.
, Op's, r'nre. Close, close.
June July 6.774.76 6.76 5.71
W-Attg ........ 5.754.76 * “ " “
^,.w. -•»*»
Nov.
m
i*^-. j
... iiiM
... MMJ6
... 5.58
Ti
ft •»
H3
5.6*
V.
ffJj.-M*rrb
quiet.
TODAY’S PORT RECEIPTS.
*** following tnb1<. shown r#«'#Ipt* at tha
(JJwith tho iinitf day
Tirana..*
sssl
yUwiInftoB
ffffoik ’
g ^duiorn .......
Lf*
Private Wire to Gloert A Clay.
New York, June 7.—Price broken)
came In to July and the local crowd
bid up the market.
The market Is dull and listless and
no feature to the trading.
Wilson bidding up the market; also
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
ticularly interested In 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
wlsole, and market leaders are begin
ning to speak 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: "Sun 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—Aa a
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-
ithy with disappointing foreign mar-
•t. 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 la
dry ni.d 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 thkt month
displays considerable strength and
gradually working higher.
Private Wire to Ware & Leland.
New York, June 7.—Price was said
to have bought about 17,000 bales of
July, and th- ring >t.u\\ • .is that It
was short covering. He is still bullish
on the fall positions.
Hoadley Is said to be a bear on the
new crop months.
The South covered shorts to some
extent at one time, but this waa re
garded as merely taking profits. The
South Is Inclined to sell on bulges.
Cotton opened steady at about prices
expected on Liverpool cables. *
Riordan and Schllt good buyers of
July.
Schill 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 net stock of cotton In New Or-
h-ans is 65,744 bales, against 7ft,S36
at this time last year.
The amount of cotton on shipboard
Is 31,694 bales, against 44,262 bales lost
year.
Edited, by
JOSEPH B. LIVELY
LITTLE STOCK
IS FOR SALE
MARKET CONTROLLED BY IM
PORTANT BULL INTERESTS
Leading- Issues Were Practically
Accumulated at Much Lower
Levels'
By Private Leased Wire.
New York, Juno 7.—To a very large
degree the uncertainty visible on the
previous digs disappeared from to
day’s dealings. The market was broad
er and more active, and tho advances
both larger and better distributed than
they have been at any stage of the
upward movement which started a
week ago. While the flavor of profes
sionalism was still uppermost, so gen
eral a rise could hardly have occurred
without assistance from more Impor
tant quarters. The Judgment tenta
tively expressed on the previous days
that the larger Wall street Interests
were actively enlisted on the side of
rising prices, was confirmed by every
thing that happened during the day.
The pront-taklng of yesterday and the
day before had considerably Improved
the market's technical position. It had
k*j>t down any i-xrrsslv.- tendency
which was the danger If plunging oper
ations had been encouraged. In this
morning’s trading, therefore, the mar
ket was well situated to resume the
advance that had been partly Inter-
rupted on tile preceding day*.
There was plenty of evidence In the
stock market today that.lt was held In
absolyto control by important bull in
teracts which had accumulated practi
cally all the 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, .si.
Paul was the leader and advanced to
179.
Governments unchanged. Other
bonds strong.
STOCKS REVIEWED
BY NEW YORK SUN
Mr. Lively lum edited Markets in Atlanta and the South for more than twenty -
fivo years. His experience makes him tho most reliable market editor in the
South if not in tho entire country.
RANGE OF NEW YORK STOCK MARKET
Amalgamated Cnppei
Atlantic Coast I.W
American Sugar It#flulug..
Anaconda .\
American Locomotive *
do preferred
American HnielUug Ib-milng....
do preferred
Atchison
do preferred
American Cot ten Oil
Baltimore and Ohio
Brooklyn ltHpid Transit..
Canadian rnelflc
Chicago and North western
Chenapoako nod Ohio
Colormlo Fuel nml Iron
preferred
1 Leather
Chicago nml Great Western
Chicago, Milwaukee and 8t I*aal
Iielanare and Hudson....,,
1 Manner's Securities
Erie
preferred
J Electric
Ififnofs Central
Auierlriiti Jre Seeurltle*....
IsouIhyIIIc and Nashville...,
Mexican Ccntrnl
MlRHourl |\,title
New York. Ontario and Western
National Lend
Northern Pacific
New York Central
Norfolk and Western
Pennsylvania
People’s (ins
Pressed .Steel Car
do. preferred...,.....,.,....,
Pacific Mall
Beading
Republic Steel 7.
Bock Maud
do. preferred
United 8tnt#s Robber
da preferred ,„,,,
Southern Pacific
Southern Ball way
do. preferred..
Sloss-ShClTIeld
Tennessee Coni and Iron
Texas nml Pacific
Union Pacific
United State* Steel
do. preferred.
Virginia-Carolina Chemical
do. preferred
Western Union
Wabash
do. preferred..
Wisconsin Central
do. preferred
Opcn|lJ/ghy7^trJcIo*e|Sff^i^^S
'l"9V 1FS l '•% : 1 '• N
149 14S | 14SV 14RV 14*% Wtm
• •% 1>% 1»>\ 1 *%
Z70L 273 r”
•-% ;:v
TIPS FLASHED
From Wall Street
New York, June 7.—There wns something
1 n dinner In tha Co!Inn market tin,
morning. In nil erobaMltiy this mis due
little attention, but the per,1st.nr, of rather
‘ilgh temperatures, coupled with the lac?
t ruin, nn» at last nrouinl uncertain!]
..nil caused more or less abort eoTcrtn,. 11
does not norm n, thnukb the crop were
Buffering to any great extent, tmt with the
market pretty well sold out nml a short
Interest created In tho South It I. more
thnn prntmMe that nny tarn In weather
from one of extremely fnrorliig condition*
abundant rain now In the section, where
rain Is needed, we nr. not likely to hnre
very tnueli of n decline In cotton, nod
K rlrtt may wo
I n weather n
too little cotton for snl. to
flgure with nny hope of profit ... ,
lure n dny or two now of advancing prices,
on which cotton bought lower ran be sold
for profit,.
PIEDMONT BROKERAGE CO.'S
DAILY MARKET LETTER
Xcw York. June 7.—Cotton—Dtulnrsa In
th* local market In New York today w««
dull and tho tluctuntlons narrow—altogether
. very uninteresting market.
The feature of the trading was
strength In Jaly option. Liverpool spot,
were np 3 point., while future., whl-ll were
due up 2 point*, came I lower. The new
crop options after selling off 3 to 5 point,
after the opening, gnlncd strength nml ad*
vanned I point* from bottom. It la thought
by mod fudges that there will ha ■ good
demand for early deliveries of tha raw
crop, whlla tba ok) crop waa of too low
grad, to tx desirable. The roatlaued good
b — xdranee, and we only
■ extreme weak spot,
for the prerant.
Htnck,—Continued atrength and advancing
tendency In the stock market today, and a
regrata ^heiji
of the account, bat bowl
•to* continued excellent crop
advance the Hraager shares,
‘ :ly advancing to th» raw klfk point,
crater a ha res alio hem me active, amt
Heading scored an adraraa of 3 poU<«
over teat nlghf, rloalng Orurea. Oa the
whole, the market acted highly satisfactory
to the bull riamegt. Rome rereariaos are
to lie expected under Wofit taking, hut oo
these weak spots stock, should I** bought.
Thera la a Sort Interest suit uaeovarad
In the market, and fighting the advance
y be ra*HB henrn Is Sill In evident-.. The
hiill crowd took np none near storks ngnIn
today. Baltimore and tihlo. Brooklyn lupld
Transit, nnd the UUeoert; Knnaa. aitd Tex
as Issue, were very ntrong. At this writ
ing the market Is dalLJmt ad ranees are
well maintained and higher prices are
looked fra. (
INTERIOR MOVEMENT.
New York, Juno 7.—The Sun soya
"The alight reaction In prices which
occurred late Tuesday afternoon din
closed that there ware few stock* of
ferine for gale at concmalont, and that
the speculative'position of affairs wns
strong. Thera were a variety of other
indication*, nil pointing to the fact
that the niHikct move.] upward more
readily thnn It tic, line.I, nml Hint, til
though no violent advance In values
waa promised, the net result of all the
Inlluenres hearing upon price* at tin-
moment wan ouch as to work the mar
ket slowly to a higher level. Tbefel
fore, although the trading was, during
a portion of the time, uncertain and Ir
regular, the buying of stock* when It
did take place nas of a confident order,
and It was evident also that the mar-
let will gradually a-sumlng gnut-r
breadth. Inactivity atilt reigned on
the Kurnpean bourse*, accompanied,
however, by firmness In prices. Con
solidated Goa rose sharply upon the
prevalence of an Idea that the l-'cdcral
courts would grant an Injunction re
straining the operation of the 80-ccnt
gaa law, pending the final decision of
the law-suit Instituted to determine the
constitutionality of the law. The
American Locomotive and Railway
Steel Springs stock* were strong by
reason of tho renewed circulation of
old stories tlmt closer lelatlops h. -
tween both of these companies and the
General Electric Company were matur
ing. All the standard stocks In the
market wero, In fact, active and high
er.”—aibert&Clay/
Ql BERT A CLAY’S DAILY
COTTON LETTER,
Pn«w Orleans, June 7.—Options abroad
failed to reapond to the adv«nuo that oc
curred la the cia-Atlantic market* yc*Ur-
dar. and oo tha close recorded a low* of *
point from the —- *>--*- '-.-i- 1
cable.
transaction*, th# total today being 7.ft00
bales nt nn advance of 2 point*. The
ntrength that the summer month* displayed
1 today gave the entire llat a buoyant ap
pearance. This can undoubtedly 1* traced (
:o the fact that there exlata a decided abort
Interest In tbeee potltlon*, and with the
approach of July conalderahle concern la
wanifeeted by abort*, who have been coy-
wring their commitment* In no uncertain
etter demand ha* been In evldanca today,
tmt the desired grade* are reported so
scarce that, however Inilatant the demand
may be. It la hardly likely that tranMctlmig
will reach beyond the nveraxc. Neverthe
less It I* lm< rt-fln* to note that nhould
the desire to rcpIcnUh auppllea become Im
perative. a far urcnter Intcreat in the tnnr-
v.*t would naturally Ik* created; also fulfill n
ong dpiilred want, tlur crop reports today
are almost of nno accord—exceedingly fa
vors Id e, and Indicate that the plant U mak
ing rsry antlafactory prugraaa. Here nnd
there, rout plaints are made «»f c\t.*5el\|.
moisture and the ronucquent Inability of
to properly work th#* fields, but
1204
1)06
444
4442
Angn.1* .........
Mnuphl.
* m
294
447
W
Ctarianatl
40
ToUl
1G4
km
ESTIMATED RECEIPTS.
Smt Orlran, -iprats •— to L9> naira,
anln.t 2A!6 a<1—1 U.t T-jr: tt.lvratra
.«» to um. igsl—l.AMl artaa[laat_yrarj
Houston,
last year.
“ *, ALABAMA I
GIBERT & CLAY
ITOCKI. BONDS,
r. cotton, era a in.
corrtc. provision,
MgHOERtl
ATLANTA. OA.
a» i»h*B**o?*w qri-«. c.tt»n
il T. 1 ”* Cat-o RxchangatS-W orlran. st~-k rx,-h.n,- ,.-
” York Caffaa Eicba.i- i.v.w Orl.nn, IV-M -t 1 rs-l-Niatraataa Cyttoa Bsckaaga.
, . Prtvnt- Wlraa to *11 Exchanx-.
L:cal and Lang Dtetanea Talaphona 5295.
W. R. FAGAN, Manager.
By Private Wire to albert A Clay.
Chicago, Juno 7.—Weather Is gener
ally fine. It U claimed that the Ken
tucky wheat condition has Improved 10
Oil points since the ofilclal report was
compiled. Price* may he worked high
er, but It will require a grc.it 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 bears
to be "sore." Stiff bid* went out for
corn last night, and the amount of ac
ceptances should have considerable
bearing on the market. There Is no
scarcity of com, and tno crop outlook
la decidedly favorable, but the atti
tude of tha fanner about selling Is
th* prime factor a* a prica-maker.
Believe oata relatively cheap com
pared with com.
Tba Cincinnati Price Current aaya:
"Recent rain* are affording Impor
tant relief over wide areas helping
winter wheat. Improving chances
for oat*. Putting com in an encour
aging position and better grass lands.
Indication for an abundant fruit
C> l$lnit*apolls wlraa: "Heavy rains In
Canada. North Dakota conditions un
favorable. It Is cold and cloudy there
now, and raining."
Texas Is given 30,000.00* bushels
of wheat Oklahoma 3n e00 0*e. and Ne
braska 2!,oee.eee by the .--.U!hwe»tern
Grain Dealers’ Association.
•
Private Wire to Glbert & Clay.
New York, Juno 7.—Daniel Odell A
Co.: "Stock market fluctuations display
i, i"ii,l, m, >■ t,, contract and specialty
operations by tlio bull party constitute
the chief activity, hut nil the time Ir
regular Improvement takes place, Jus
tifying the conservative bull position
for fair returns, anil we continue to
advocate such n policy, selected Issues
to bo bought on soft spots or when be
ginning bullish activity after a period
of comparative quiet.”
Uptown sentiment: “Members of the
uptown party arc qulto uniformly
tlmlMI,- regarding Ilia , ,,mse
stock market. The consensus of opin
ion Is that prices will continue their
upward course for Home time yet. Borne
lrregulorllty Is naturally to be expect
ed on account of profit-taking nnd bear
pressure. Hut the boHt Judges aro con
fident that w halever selling comes from
these sources will not bo sufficient to
keep the market down. Experienced
operators are somewhat amused at tile
criticism which Is quite generally of
fered that wo are not going to hnvo
much of a bull market because the
trading Is so largely of a professional
nature.”
By Private Wire to Ware A Leland.
Now York, June 7.—Further a
vances In price of standard railroad
stocks N !,, lie expected. We mill, I-
pate llttlo change', however. In tho pro
fessional character of the market.
■ Summary of yesterday's stock mar-
ket l,v Dow, .lone- 4- :
American stocks In London Irregu
lar. lie,-lit lather above parity.
Han't of England rate unchanged.
Erie April net earnings, (891.823, de
crease, |8(,3(1.
Seasonable falling off In some line*
of finished steel, but situation as strong
ns ever.
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 month* of tho year.
Packing houso disclosures expected
to affect exports and modify balance of
trad#. »
Consumers of copper fairly wall sup
plied and further advance In price die-
STOCK 8ALE8.
12 noon
1 p. tu
J TSi.r- r. ” “
1.000 hlmrt'K
..646,3<» ibaraa
..410.900 ibarra
..142,400 aharaa
countenanced by exporta.
Hanger of wet harvest in winter
wheat belt now considered remote.
Twenty-eight roads for fourth week
of May show average gross increase of
13.70 per cent.
Money continues to return from
Frisco.
Twelve industrials advanced .17 per
cent.
Twenty active railroad® advanced .49
per cent
'Cbnttanoogn, p. cloudy...
Colombo*, cloudy
«JnlncNvIlIc, 8-lfMir
«ito-6*ri\Hie. clear
(irirrin, clear
•Moron, clear
Moot!cello, clear
Newnan. dour
* ere lower l.v r.i ri U iV’Iri.'im"''' i ,,
cbrwiao In new* from IP^f» ffljf**
•elnta nt tho port* eon-
THE COFFEE MARKET.
New York, June 7.—The coffee market
opened *tendy nnd unchanged to on nd-
vnneo of 6 point*. There wn* n moderate
trndo on the cull, about 4,000 bax* being
*old, but later buMlnrn* wn§ very quiet nnd
not ahoro 2.000 ling* wero added to the
biiAluc** during the Inter forenoon. The
Initial nth mice wn* duo to covering by
MhorlM nnd the *teadlnefi* of the Kurotieuii
market*. Havre opened U to ^ higher nnd
private cable* from there nnhl the market
acted oversold. Later, however. Havre re
acted nnd at the hour of the local opening
wn* not unchanged to higher. Hamburg
was unchanged to U higher. Both the
Brazilian markets were lower by 60 rel*
-nd there i— ~~ ‘ *
irlmnrr polr
liana liberal, but full receipt* have been
looked for *lnee the nubllmtinn of tin*
Krlacbe catlmato mrlr in tho month, nnd
seem to attract no fresh nMention. The
weather 1* good for barrelling. It wn*
cloudy in one or two dlHtrleta. but no pre-
clpltntlon wo* reported. Heavy rain* at
tbl* time would bo considered undesirable.
The strike on the I’ulivin rtfllroad *eem*
•1 lie a thing of the past, *0 fur at fen*f.
■ the movement of coffee I* roncernetl. for
undlshy recelni* were ugnln full nt 12.00
«*«, against 4,000 last year.—Ware A Le
(ntnrc* opened and dosed os follows In
New York today:
Ooen. Close,
January ... 6.46 a u, t, *0
February 6.60 4.464.70
March 464 4.75 6»
April 6.70 6.66 fi.WMt.85
May 4.V) 4JML90
June ee.ir, c**lo
July 6.00-4.06 4.10-4.16
August ... 4.044.10 415420
:::Ws -* 4 *
(ot,sib.r 6.3U
Irarantbar (.50
Claenl tleedf.
THE WEATHER.
LOCAL FORECA8T.
Atlanta nn,| Vtclntiy—(lananlty fair to
night .oil rriilay.
WEATHER IN~COTTON BELT.
Salma—Clear and hot.
Troy—Partly cloudy and warm.
Oprllka. Montgomery, Birmingham,
Mobil*—(Hear and hot.
Meridian. Vicksburg. Hailrhurst,
Hrookhaven. Jackson, Greenwood. Cob
I nt li m.,I \\ in, ‘ii i , 'I,.m l 1 ,i
New Orlrane and Shreveport—Clear
i,ri,l li, >i.
Memphis—Partly cloudy and hot.
Knoxville—Clear and hot.
Chattanooga—Clear and warm.
Columbus—Partly cloudy and warm.
Albany—Partly cloudy and hot.
Thomaavllle—Cloudy and warm.
Rome—Partly cloudy and warm.
Atlanta—Clear and hot.
Galveston—Clear, temperature 81.
Dales—Fair: 78.
Nnvaaota—Clear: II.
Texarkana—Clear; 71.
Sherman—Fair; 71.
Parle—Cloudy; 71.
Joplin—Cloudy; 78.
Waco—Fair; 71.
WEATHER FORECA8T.
Louisiana, Georgia, Alabama, Mle
Blsslppl, West Florida and East Tex
as—Partly cloudy and continued warm
Thursday and Friday; fresh south to
southwest winds.
West Texas—Fair Thursday: cooler
in r, ■ nii, in i„,nl,in: Friday fair.
■Alkaneo- T. nn and Kentucky—
Generally fair ami continued warm
Thursday and Friday.
Illlnolo, Indiana—Portly cloudy with
showers tonight or Friday; cooler Frl
day night or Saturday.
Missouri, Lower and Upper Michi
gan, Wisconsin, Minnesota—Showers
and thunder slot
bty Friday; eool^H
Iowa, Montana—Partly cloudy to
night and Friday with rain and cooler
Itonlght. ■
North Dakota—Rain tonight and
Friday; cooler tonight.
South Dakota, Nebraska and Kansas
[—Fair tonight and cooler tonight nnd
Friday.
WEATHER CONDITIONS.
The northwestern storm has rrmnlnrd
iraotlrslly ststlnury during tba In.t 26
lour., 1 veins still eentered or.r the tin-
mtsa Tbs influence nt this storm I. being
felt as far east as Mlrlilgnn ns shown by
the rapid fall lu pressure slues ye.tcrday
morning.
The pressure over the houthes.t bet de-
messed slowly, but Is still aliout normal.
The Poelfle const I. under the lufluenre
or on area of high barometer central nesr
Portland, Ore.
The tcnviM-rin
eastern half ol
tsnn nrvrl Wyoming It la colder with frost
nt Ycllovrstraia Park.
The eastward movement of tba north
western low area will give coiirrullv fair
weather tu tbla section tonight and Friday.
j. it. MAitntinr,
Local Forecaster.
COTTON REGION BULLETIN.
J-’or tho 25 hour* end'
mcrlillna lime, June 7.
STATIONS OF
DISTRICT.
•Atlanta, clear....
*—vr
CEREALS OPENEO
AT HIGHER PRICES
WAS DUE TO UNFAVORABLE
WEATHER REPORTS.
Cables Also Reported a Firmer
Tone in the Foreign
Markets.
Chicago, June
|Jn •)) tli# grain pit* on th# bonnl of trail*.
Th#jr bid for a lot of grain and aecured It
only tu make a riudi for more following th#
selling th# price advanced. Hcntlni*-nt wa*
bullish fo th# rani* of tho local t*l*nt.
11 wont homo long n grunt deal of
In esse of continual bujing pric**#
will go aim hlghfr, Imt If some of tho big
kmga attempt to a#ll out. vrell-thafa an-
othvr protHMltloD altogvthar. Cupp dam.
ago report* on wheat nml nnd oata war*
tjult# numrroua ami with the fnrmi>ra r*-
fualng to a«U their corn nt still higher
»rlc#«, th#r# w«* a concontratfon of *
“ * tticca for tho «lny showed t
it of 1H4BU#; In corn Tatfl 1
higher
bujing.
^fiM’rovUlon* thar# war* advance*
l*rlroary receipts wh#nt 245,000; co
000, compared with 291.000 and 477.
spcctlvely a year ago.
Clearance* for th# day were 40ft.«v)
Including flour A000 . ----- * —
Cash a.ile*
150,000; oat*
wheat; 7 londs corn nod 100,000 oata.
CHICAGO GRAIN MARKET.
Open. High. Low. CIom. do**.
S3'.,
V",
Kept .. M
Dec. MV*
CORN—
- Mf ..
HfPt .. Mtf
Dee. .. tfVk
OATS-
July ..16.66 16.74
**>
;«8
3C%
33%
34%
V»%
MS
60U
3I^%
July
s. ,.t
Oct. .. 8.95
HIDES—
Jaly
Kept
Oct.
*:8 H I:S
3.0214 3.30
m m:?
61*
r.i%
49%
:«%
34%
4.60
i.s •
4.15
B
49%
49%
4*<
33%
31%
33%
CHICAGO CAR LOT8.
Wheat
•orn ..
Oata
IIog« ..
Today. Tomorrow,
LIVERPOOL QRAIN MARKET.
Wheat opened
“ "Igber; dm „
opened % high*
to % hlghf-r; rl»«ed H to U high
‘ * fr:N
% higher; closed 1 t«» % hlglir
DAILY COTTON 8EEO OIL MARKET
ATLANTA NATIONAL BANK'
ATLANTA. GA.
C. E. CURRIER, President. A. E. THORNTON, Vloe-Prs.ldant.
H. T. INMAN, VlemPrMldant. OEO. R. DONOVAN, Cashlar.
JAMBS 8. FLOYD, A.i't Clahler.
Capital .' $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
Remarks.
Hllghtty higher temperature* prevailed
rv#r th# lH*lt generally th# past 24 h*njrs,
rltll tight ahowrni over th# #a*t#rn nnrtlnn.
i n a inn'i/i-
N>w York. June 7.—The market for cot-
in *ced Oil waa active nml slightly lower.
There un« lumit* ill-po-lfbm to -.11 on »!»••
cotton Ufiilhcr nml crop emi'Hilon*. blit
tb« farther adraoca In !nr«l teoUtnl t«»
check tba soiling, internet #nrlr urn* ceu
t#re»l In th# nearby tb lh cries, ulth fb6»
new crop month* noglocfed. The *ltuntlon
continue* largely a waiting on#, nml with
tbr scarcity of oil, both erad# and refined,
nml tli# t ontlmiol liberal
(btmestlc ocenuut. th#
steady. Th# market nt th# cbom ^
nn<I nm hanged fo >ic lower thnn
log.—War# A- istaod.
COTTON REED OIL.
Iiptlo
h#bl
*|M#t
Opening ('lo*6y
Jane 37 *r.« 37 ftw
«f.
Octobar
November
D#e#mber
Ctowd steady.
SWISS
- 4W2% TJ«4*33 w
32 fl32V{ K fl32%
NORTHWEST CAR8.
Poliowing tom# gives tli# northwest ears
of grain today, last week and l**t year:
jait/ bast
Today. Week. Year.
Minneapolis 104 259 277
Duluth* mu 16 17 I
Chicago ............... 6 2 4
IOWA CROP REPORT.
- -go, Jan# 7.—Crop# ar
In Iowa. Th# relatively dry
been favor*hi# for rultlrotlon
reports Indicate that the stand u aenn
liatler than asaal. In some bv-*|fu#g
deficiency of moisture has checked
jrrowth of smalt grain and hay crops, but
SOUTHERN EXCHANGE
oldest Katnbllehed Offlc# South.
confll STOCKS— IOIM MM
Ground Floor Gould tlutldlng. Dsdly
market letter and market vn*n«*l
mailed on npplb atlon
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Corrssposdsnt's Capital 2250JKW
acrtncNct, thk ncal sank
PHONE I44T. PRUOCNTIAL MIOO
HAVE YOU ANY MONEY AHEAD?
I. It Invcated whero It U perfectly aafo?
Ib It available now It FORTUNE ihould knock at
your door?
Prepare youraelf to take advantage of opportunity
by Investing your Having* In tbl* bank, where they
will earn 3V4 per cent COMPOUND INTEREST, bo per
fectly safe and avallablo practically on demand.
CENTRAL BANK S TRUST CORPORATION,
CAPITAL (500,000.00
Asa G. Candlar, President.
W. H. Patterson. Vice-President. A. P. Coles, Cashier.
John 8. Owens, Vice-President. Wm. D. Owens, Asst Cashier.
mu. l ren. fiiii|g|
MOST. f. MADDOX. VUt-ftU.
MADDOX - RUCKER BANKING CO.
CAPITAL S200,000.00
SURPLUS AND PROFITS . SSOO,000.00
ACCOUNTS INVITCD.
Wc sell the widely known and extensively lined Circular
Notes and Letters of Credit of Thoe. Cook & Son. •
In Our Saving, Depirtmentw. allow Interett »l the Rale of 3 1-2 per cent
Compounded Semi-Annually.