Below is the OCR text representation for this newspapers page.

'jJjiitilA n m 11 = ! J M [A] R] KKl (D Edited by JOSEPH B. LIVELY Mr. Lively has edited Markets in Allftnln Jind (lie South for more than twenty- five years. His experience makes him llio most reliable market editor in tho South if not in tho entire country. . . A^ ^ FLOOR traders making PRICES FOR COTTON. jbrket Wu Dull at Start, But Short Covering Caused an Advance. Tht Liverpool market was closed to- (iv. It will remain closed until Mon- joy. __ In the New York market, the only pews of an Influential character related P ipe crop and weather, both of which pelng one-sided, excellent weather an< crop pros pc is brilliant. The opening waa quiet and Irregular, though changes from yesterday’s clos Ing were Insignificant. The bulk of the trading was being done by floor trad cn, the ootalda public retiming tn on ter the market under present condt- Tbs bull and bear battles will be fought on the floor of the exchange un til something definite occurs on which to base ventures speculatively In the cotton market After the noon hour, a sharp upturn took place, In both Now York and New Orleans, In the former on covering by door traders and buying by New Or leans, the latter market showing con' slderable strength, especially for July, which sold above 11c on extensive covering. Overland movement for the week 11,023, against 12,108 last year, and 4,- 115 In 1*04. Since September 1, 890,887, against I, 026,420 last year and 902,899 1904. Amount brought Into sight for the week 79,408, against 124,287 last year and 20,110 In 1904. Brought Into sight since September 1 19,412,286, against 12,298,922 last year and 9,727,488 In 1904. Charles D. Freeman ft Co., In circular letter, today summarise the Situation as follows: New York, June 8—"While this rlotl of crop uncertainty continues, we should alt be cautious In our Judgment sod actions, keep a clear head, and be sure of our facts. Two factors arc up permost now: First, tho impending July liquidation; and, second, the crop. In the first Instance, we are confronted with a commercial proposition, namely. Who proposes to carry the 80.000 bales of undesirable cotton now In this mar ket to August or September at a loss of II. 80 to $2 a bale? It does seem as though In the near future an adjust ment to comparative values for con tracts must take place, thus afTectlng the entire market unfavorably. Weak- ness In July and transferring of hedges will depress price* until tho equalisa tion shall be completed. This Is the technical situation, nnd Its analysis, bawd upon the present crop develop ment, each (lay in June, which Is fa vorable to tho growth of the plant, makes the July situation more ncute, and I look upon It as a constant menace rices. When I say I am nervous drought, I mean It solely as a Ing, for It Is the only Imminent adverse factor, nnd there are Indica tions that we should not forget this prospect as tho season advances. The present market Is a small affair, and only small fluctuations are to bo ex pected until we approach the July ten ders. Above 10.80 for October sales for moderate proflts seem Justified." SPOT COTTON MARKET. Atlanta—Steady, llVic. Vw oHmsS-S&ii, N tt-lle. I.lrerpool—Holiday. - Augusta—Qglet, 1114 Savannah wtimlns Wilmington—Sten *t. I/'ula-QuIot. Norfolk—Steady. ■ Charleston—Finn, Hie. RANGE IN NEW YORK COTTON. Th* foil mi Ing in tho range In cotton nure, In New York M»: pr , Tloq , W riSS' ?«£' SaS' SSEb 19.8U9 IAIM* IO.tHt lll.r.n 10.41 10.41 10.41 42 10.43 14 ' 1(14* 10.4846 19.47-44 lo M 10.48 47 Bell. .10.89 10.61 108* 10.86 10.H 19.8W7 .1044 itj .10.47 101 Cotton futures ranged ea follows Orleans today: _ ■ boat Previous Open. High. Low. Sals. Close. Close. Jane was ton. Sept Jolj .10.12 11.04 10.11 10.84 16.96-94 10.040 JM-Ift.64 10.70 10.0 10.0 10.0-67 10.6344 10.43-44 IMS-tf .10.0 10.0 10.» 10.W 10.29-30 10.11-32 10.30-31 10.32-34 • 10.34 10.40 10.12 10.33 10.32-0 10.044 10.43 10.43 10.11 10.41 10138-40 10.39-40 • Mil 10.54 10.63 10.63 10.49-51 10.45-61 — TODAY’S FORT RECEIPTS. Th# following tablv ebowa receipt* at the Kit* ie? y * compared with the *ame d*jr 1904 ws W Orlrase '>*lvreton 846 130 2M8 1741 362 2*8 •Sertnnah ’ "’"’’***.*.*« 1938 wumingtre • 1 64 Norfolk ......see Beltlmori* U9 Bouton Frnorlaco ini 1 Toi.| 1K43 INTERIOR MOVEMENT. no* 1906 i 360 i««vrea 148 1U »'• Uie '"neinnttl 4X3 at Totei 2831 260 NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Glbert & Clay. New York, June 8.—For some day* I havo been very nervous over the droughty con dition* at various point*.-C. D. Freoman. 9:24 a.in.—Narrow market, bat undertone firm. Any outside business would cause higher prices. The Journal of Commerce says: "Gen eral trade for the day was steady with the movement of goods of moderate volume. Homo bleached goods houses report satis factory news from men who have gone on the road within a week or ten days. Cot ton ducks art* as strong as they can be from the sellers’ viewpoint. They n re scarce end In ko«k1 demand. The Immediate con di/ion appears to he that If any sfron* movement In export goods, announcement of any definite policy by a recognised mnr ket leader In bleached goods or printed goods, or anx adverse crop report coming from a reliable oourcc. should come upon the market, nn unusual amount of buying would be precipitated, nnd tho strong un derlying conditions in the first hands mar ket would assert themselves very quickly?* New Orleans. June A—Our traveling rer resentntlre wires: **Wsco, Corsicana as 1904. Crop front Big 8andy to Shreve port Is as near perfect as possible; claim and welt worked, with perfect stands." In a letter from Waco. Tex., the writer says. In part: ’The fields have been ex ceptionally well cultivated, being practical- made their appearance Private Wire to Ware A Lelond. New York, Juno 8.—Cotton opened quiet, without special features. Trade light and mostly local, with Liverpool closed. Look for quiet market today. Lesaer-Goldman Cotton Company of St. Louis weekly weather report: **There Is little of additional Interest to report since the growing crop In le*theest Missouri, Arkansas and the northern portion of the Indian Territory. We hear of practically fio complaints, nnd. so far, the prospects can only be classed as excellent, nnd If favored with normal weather conditions during June, the plant, to our mind, will bo In good shape to ntsnd the always try ing months of Jaly and August. Hubbard bought about 5,000 October and December. Cotton very steady^ some good local buy ing, which ho* tl it offerings. 12. being elghty-slx days to time of turity." Albany, Ga. ( wires: aiuuuj. u«.. wire*; W# C*n See COt- ton growing by day nnd hear It by night." around the ring says that New York la the henviest buyer of October nnd December. I Hoots are in good demand nnd fnrtora claim they can get prices that are He higher than quotations for what they have to aelL {Cot.over 600 bales have been sold so for. h IRREGULAR AT THE OPENING ROOM TRADERS WERE AG- GRESSIVE SELLERS. Forced Prices Down, But Derel oped Strength Later and Advanced. Gib.rt A Clay’s Daily Cotton Lottor. Now Orleans, June 8.—The closing of the Liverpool market tn observance of tho Whitsuntide holidays, which ex tend over tomorrow aa well, has Im parted an oven further quietness and lack of Interest In tho day's session of the els-Atlantlc rings. The quiet un derlying strength of the July option continues to be the sustaining Influence of the market anil !ia» create,! a de cidedly more favorable opinion in fa vor of enhanced values Covering of the short interest In this month has been fairly general and at the some time the October position found ready tort from local traders, but thi market still stands In need of a broad er stroke of outside speculation. The Influence of the weather seems for the moment to be lost tn the more engross ing Interest of the outcome of July. All reports from the belt continue, In the main, favorable, but the unequal dis tribution of moisture In parts of Texas Is beginning to bo aorely felt, nnd has beon tho cause of eome expressed ner vousness on the part of the trade. Spot business In our market Is necessurlly restricted by the email supplies whlc' exclusive of the amount on sblpboai and the very low grade llnters, etc, amounts to barely 10.0*0 bales. The visible supply etatement today will In nil probability show but email mill tak ings, owing to the several days' cessa tion of business abroad and the un willingness of spinners to buy large ly, as exhibited In the email dally volume of business done this week with such frequent Interruptions In the trade. L. J. ANDERSON A CO.'S DAILY COTTON LETTER New Tork, June I .—With Liverpool closed today, our market lapsed Into a very dull affair. Even the weather news has become stale and uninter esting. The trade Is welting for some thing new. All have agreed thgt prices have declined about enough un til there Is further development to In dicate that we will have a large yield this season. On the other hand. It Is considered that weather conditions have been so favorable upto this time that a change is due. The trade tn general proclaims that It Is too good to lest. This feeling prevails to so large an extent that the majority hare b£5f disposed to buy a little cotton tor a turn in anticipation of aome un favorable news. A few unseasonable days would, no doubt, enure prices to build up rapidly for a while. ESTIMATED RECEIPTS. Sew Orica, eipeets 710 te 1,400 bale, isslnst 2.700 actual la.t year: Galveston, asrttrartwsrtsrjaa ■st year. COTTON SEED OIL. see —*** TgLfV- . m November 5J Closed StCdy. GIBERT A CLAY r. corret. paoviasoese tcHscaei ATLANTA. OA. HCHBCaei spr Tort Stock mshaigaPNW omaae Cretan Ex«h»n fe-fCMggJgSUViSaino. to Yolk Cotton Ex-b.nge ‘Sew Orleans Stock Lxcaanxe-.U rpeo gxrhanfW 2! York Coffee F.irbanie -New Orle.nl Board of TradclOilTeetee union **'■**• Bb~ ~- Prtr.re Wires to all Exchanges. u,,,n,r, ijd will •seal end Una Dl.Unee TeUph.se KM. ” W. R. FA8AN, Manager. sM w*a By rrlrnts Lessed Wire. New York, June 8.—This morning the market differed very little from the preceding markets of the week. It wee heavy for some stocks and strong for others, while the greater part of the list moved unsteadily within very nar row limits and showed no net change of consequence. In view of the Impor tance attaching In speculative circles to the violent rise in the grain pit, more attention was paid to the grain move, ment than to anything else outside the stock exchange. Although more or less damage was done by last month's drought, nnd while on this ac count It Is believed that next Monday’s June rep..It ,.f the government nil show a lower condition than on the first of May, the expectation le that the estimates will still make favorable comparison with previous yean. Whatever uneasiness le felt over the wheat prospects now relates almost en. tlrely to the spring-down orop. The northwestern Issues, as a rule, were Inclined to reaction In the day's mar ket, and profit-taking also made It self especially felt in aome specialties. There was considerable Irregularity at the opening of the stock market, but soon after the Initial dealings there was some showing of a disposition to take proflts and operate more con servatively. Such declines as took place In the general list, however, were only fractional In extent. Room traders were aggreeelve sellers of stocks during the first half hour and forced declines of 1-201 per cent In a number of active speculative Is sues, but the market Bonn developed a strong tone again, and with a few exceptions, prices at the end of the flrst hour not only showed a recovery of early losses, but In a number of in stances made materiel net gains. Government bonds unchanged. Other bonds strong. Were A Lelend'e Daily Cotton Letter. New Orleans, June 8.—The cotton market was featured by a strong de mand tor spots today, which was met with the slimmest kind of offerings. Buyers acknowledged that they were helpless, end turned down new busi ness, no matter In how email lot* it came. July continued the strongest month, as was natural on such a a—‘ demand, and its strength was reflec In the late positions, although it v evident that eome bulls were selling out their holdings in the new crops and were going Inlo July which. If pres ent conditions continue, will undoubt, edly squeeze Itself. Some operators went short of July this morning on the theory that a reaction was due, but toward noon these short, were forced to'cover at a lose. A reaction In July wilt be delayed by the feet that the larger part of the long Inter est Is undoubtedly held by those who are sadly in need of actual cotton and who will hang on tighter to their hold- Inga of contracts the higher the price goes. They will turn loose their con. tracts only when they can swap paper for the actual stuff, but the actual stuff Is now so firmly held that there is little likelihood of anything like free offerings at reasonable prices until new cotton commences to move, and there- fore a majority of July longs will wel come deliveries end will even demand them. This Is the reason why we say that July will probably squeeee itself. YESTERDAY’S MARKET WAS UNINTERESTING New York, June l-The Run serf: "There ms nothin* striking In the trading, sad aturally the Huctuatlons were slaHarty devoid ot special Interest. Yet, It Is to be observed tost le pool sdricre. favorable w'eetbtr at the Ev^* ssyMrs&sa July was msnlpnlsted to sonte extent nt time at tne expense of the aborts __ u already Intimated, aetblng senna ttoaal happened, ivire bouses were selling here, and the Month atilt seemed dispose,! to mill futures, however traarloo. y Ijcple there seem to adhere to the bull side or cotton. Large spot Intereete ha?e of late IS roeenmptlon. '• le very lerL... (her le In the scKjr staple for*borne cp S3IsjUrffsV,.. .» me ■sArfa s^*m,%%u , Ssg Ug. but the public le ladlffsreat. fat. on BwafieffSS&rSS doubt tbit the short Interest Is large end gradually Increasing. Helling the new crop months abort nt thTs time of the yrer bne SSeIlmSled to distinct* rejreUWe re- sults for those who tn.de the venture. This hsppensd Isst yosr-on advenes of te took piecs le e comparatively brief period-end It bi happened In other '"mMih Jen#*^—Chen oel lights will obscure the letter of the yet distant barber lies con. hut tbs talent has corns to under stand! he general of ttaremen they ire In steer. m’bothTsidra of lb# ureount fear the July position with a Most w kola aome draadi and at the aata* tine recognise la the persistent ilemaad for forward aoppllea a dlatlact aad Imely warning of poaalWe troable ahead .ring the mlsukee led errnra to Ught with till flinching severity. Again, limited offer- lags and the «rm tose of tke spot market rioutetke roaOdesee of thehenr et n time, leo. wh-n ell nature la aiding the efforts oMhcfermer. It Is an old.e&ry. one th. talent should brnTW toar*«l _ \*A t.ril.y e co*'°" Smobetrated to tke etndent thU ferf: The bottoai. wherever It «sf he. Is well above tkn rxoertatloa* of th* ■(* who have for* !5t ” wSewber «£»T shHeat UndoMilt* Eve lost •brirnwfntnej-. Noibfr.u-^ eotton oh Its merit, will work ont Its awn Miration, thy co * tr * r 7 notwltkstondlsg.—94 sro A I wised. THE DRY GOODS MARKET. T£^t'X t ia\e M Ze£'Z£ "STS .tiring of t»7 sad the **rir »»;*'"**. Fet-iSg ’ir *”• RANGE OF NEW YORK STOCK MARKET IClose ie] nid. Am-il. a ted 0«i Auerfran Hagor ltoflnlng.., \I-.»S sejltln An"-.' N fifi I ot’Hiimfhe do iireft'rro*! Amerl<un Huirltlng ItefiDlng..., dO ■rtlhCfttne.panes.neeeeeeeJ!*>M!ffB?B?a^hlW AfoIlUtill see do preferred American Cotton Oil...., Ilnltltsoro nr.il Ohio.... * ltrooklyn lUplil Traimlt Canadian I’acl'lc Chicago nnd Northwestern.,,, Cheaapeaka nud Ohio Colorado Fuel and Iron Central Leather • Chmago nml Great Western ...» Clilmgo, Mllwroukfc and St, l*aul Delaware and Hudson.., «... Distiller'* Hecurltlrs Erls do preferred General Electric Illinois Central Amerlcaa Ice Securities Louisville ami NashvlUe Northern I’nrltlc. a..... Now York Central Norfolk and Westers...*. .'eansylranla People's Gas l*resaed Bt*el Car do. preferred Pacific Afall leading Itepubllc Steel [lock Island..... do. preferred United States Itubber do. preferred Sloas-Shefftetd enneaaee Coal nnd iron exaa and Pacific union Pacific United Staten Steel do. preferred Wabash do. preferred.. Wisconsin Central do. preferred TIPS FLASHED From Wall StreoL Out look fevon a goal bank stotnnunti but 5 per rent bill for over th. year money. Talk of Brooklyn Kipld Transit going on g * psr rent dividend basis nest tall, ft m now varnlng 7 — — There nre ball There are hull tips on tho Vsndorhllts, parinc,_ Texas and I>ci Isaourl nver. • ahohld crop' reports Bear attacks ‘o be ant realising, but look for good baying In all the active stocks on recession*. I prefer long a wild buy only Summary of yesterday's stock market by Talk of Star rate* bill goes bock to confor* MM. Slttcks plentiful In loan crowd. Scarcity of UesHcmer steel hampering op* erntlnua of steel roniputiles. Waliash connection with Pittsburg now omplatsd. lletHirtetl Brooklyn Rapid Transit is now irnlng 7 N per cent on stock. Central of Georgia wJJJ connect op to form s through lino to tho gulf. K. A. Van irospcrlty this year, lot clear. Jacob Bchlff In Montreal, returning from an. onoy rontlnuea to return from 'Frisco Japan. Bom Injarfl Twelve Industrials declined .0 per cent Twenty actlvo railroads advanced .0 per cent. 'Continuation of irregular improvement is likely In the etock market with Independent advance* nnd sjicclflc recesliwns th*» general policy, and we advocate the maintenance of tip conservative bull position In this of taking moderate returns, mi far operators are coaecrned, for, until the tnxi* ding public Interest shall Iwcotne more ex* yet no Indl* V'V i l rations nf any wllhdraivnl of the powvrful-lntrre.t. who Imv® s Mud tho msrkot for sotno tlino past. oxpreulons of confldHB te qosrtora «nd tho opln tin- gradnsl Imprpvrniont ring on will umilriuo. Tho th. train . , _ood iloul ! though It. offset on .to •msll. There w.re, bow.; reliable reports of dimigo. stork vslitre was meet, some fairly but three war. STOCK SALES. i| noon*.*. V. VW::::::;; „miM shares . .08,000 shares STOCKS REVIEWED BY NEW YORK SUN .Now York, June 8,—The Sun says: "In the forepart of tha day, the market rra* strong, many stocks making new high record! on the present movement. In the afternoon, prices declined on profit-taking, leaving, however, sub stantial net gains In the case of nearly eJl the active stocks. The undertone of the trading woe vigorous nnd resilient throughout, end the market very per ceptibly displayed n broadening tend ency. For the first time In many day., commission houses reported a distinct Increase of intent In speculation and enlargement of orders on the part of their customers to buy stocks. Yet, ns usual, the day witnessed the de velopment of no sensational or even important naws afTectlng values. Whllo It Is understood that there has been as yet no definite conclusion of arrangements looking forward to the retirement of the Wabash Debenture 11 bonds, which havo been long mntlers ■t senil-pllbllr Il-.lorl.'lv, II Is ) ,-t l„- Moved that these negotiations havo reached J.nu tlr.illv it .-/ill-.fu, |,,rv li-i- mlnatlon, and that the scheme that has been matured comprises the proposed mil hoi I/,it I u K"ii"iul in->1 iK-o-o- It uni Ihsiii- i-ovi i'Iiik till- Wulmsli i-■ -I erty, by means of which not only the Wabash 1 ii'iicninr.- it bonds, but all other bond, of the road, ran be retired, with the not result of directing the rev enues of the company hereafter for the big stockholder*.''—Glbert ft Clay. NQTES ON GRAIN Pointer* on Provision*. Private Wire to Were A Lelend. Chicago, Jane (.-Cables Ignore ear nd- >f yr.terdsy and It leeres as depend ue»« tor further hull III I venue of yesterday end sat^upon^m^^«||| wret will crop retHWt lets conflrms recent ctstmn of damage. Tt ■: "Whrat conditions 77, Isst mouth *7, t year sgs ll. Only 99 per cent of ram planting ttntshed. Cora condition 7». a year ego 42, Issf Reptenibrr 48. Oats con dition 4*,,, against 74 lest month end a ' < Caeh*inulneH In wheat In Chicago yi terdsj' was 27,009; corn 00,000 anil as At the sen hoard exporters sold J3.I wheat, 14,000 corn end 70.000 nuts. Th, were also ranrellatlons of 140,000 corn re cently sold for report nt New York. Charters were made for 128,000 rnrn and 70,000 oats, the rate le on onto to lluffnh Bids on corn sen - — night were up even with the sdvnure In y'a advance only n.oai imaneia, na rannvra are um aura enough of lb. n.w crop eondltton. to sell aM cum freely at present. The tiny's •dvenre brought larger acceplancea late In rger . I boas, buying 100,000 ehrnaka altar tbax-loea. A crop report waa Isaued by the Routh- western Grain and Floor Journal yeaterday hv C. R. Bowdlah repreaciitlng that paper. The renorta am uiada by a tieraunnl oun- vare of the fleHs. It give, tne .lx .tote, end territories 11,128,000 hu.hcls over la.t year's ee follows: Estimated Tesas 19,*7!t®i 11,114.000 Mlaaonrl ».022.i«» 20,022.000 Oklahoma 30.676,non lt.lM.ooo Am& iSl'SSS Totth 906(999,900 199,770,000 ovsr Dpdtr Hi wss 90HQ92C. Jariss Klilstun. of Chlrsgo, who went ost two d«7* Ago, wired from I>enver: "Loft Uunolu 1 rain. Where t rood could see n dsy* *go, - . lju W. fMMNTl ■Brd ■ ii further sdvsnre Cudahy waa beat "fiat. of growth, wret of backward. Wbeet 'Ing out abort" II bullish and*wllT > work If porelhla. •slier of corn this mere Oats opened firmer. Finley Berrell end I-ogan good haycra of Hepttmber. _ IVarner end the pit crowd felling. Knight and McDnugnll fair sellers of July. 1 wheat baa poured Into tbo market •t half hoar from commission houses, ball crowd still loaded up. Her pucker, have been moderate bay- — J pibrieloue. lAfger pet nut to nothing. Pork being Market s shads lower, llo Mi June I.—Wheat cahta* respond fit Hi wet nortlT Terr m to our advance, fitlli wet north- wait, but no heavy rains. Favorable weath er southwest. Cush nnd mlllinx demand exceedingly poor. Wo shall carry orar liberal reserve* to new crop. Torn continues strong. Action of tbs market will depend on country offering*. «.Y..e,„. .s i .1.. for We believe they will contlnne 1IImt.iI, " "HI |.. I Ii r In ...i'x -Ii . •lieve there will bo much setf MODERN MILLER'8 REPORT ON WHEAT Chicago. June L—Tha Modern Miller seya: ‘Special inquiry Into winter wheat condi tions covers ten states ami two territories, baaed npoo return* from milling cerre- ■pondenta of the Modern Miller. Outside krntnrky. where grnernl deterioratloa of the crop is reported, the mMjoritj ot rot- respondents advito an Improveo * ** tho late rnlna, or a mslouiliicdVL. daring May. gnlte a nntnber note that heads on short etrnw fill oat well nnd prom- l*c a yield of gn.>,| finality. roii)|>lalnts that the crop bus been lowered In condition ore numerous, coming principally from Illlnats. MliiNourl nnd Knimii*. Ilnrvoat 1h delnrstl lo Texas by rains, but has began lo Ten NEWS WAS BULLISH! WHEAT ADVANCED MORE RAIN IN NORTHWEST A FACTOR. A Drop of Ten Points in the Mis souri Crop Report Was Bullish. By Private Leased Wire. Chicago, June 8—The grain market today closed strong up from 1-2 to 6-Sc per bushel on all cereals. Crop dam age reports from the Southwest on account of lack of moisture and cover- Ing of shorts and heavy buylnir by commission houses w-a. the principal feature. The market opened strong and steady, Influenced by more rain In the Northwest end a drop of 10 points in the Missouri state crop report. Wheat, July, i( 1-2 tn 8-8o; corn, July, 81 1-4 to 1-Sc, nt opening. CHICAOO~ORAIIS MARKET. The Chicago grain market rsngtd as fob lows today; r,l * h - m fee OATS- H.pt:: St '%«k- 3,s July ..18.76 i# !:S* l:S» !:S ih ilii>r:£ m ,J3 '‘ ,87H July .. 9.48 9.4748 0.44 9.48 ff::H i:S 1:5 1:5 _Cu«h WhMt—No, 9 red. MgsHe; No. 2 red, MuSc; No. 2 hard winter. IJtiVio: * ' ?*g»lCLNo ' — Sli ”3 **4 1 80S su w 60V4 6lfa siS m3 S3 »3 ■SiJ 34S \i& DM 9.3f. 9.16 CHICAGO CAR LOTS. Wheat Coro Oats .. ilogo .. Todaj. Tomorrow. Ji 122 t«l 12,099 17.000 not numerous, sod the hell movment In wheat wss more In the nature of a drive tbs shorts than anything slue. Tbs 4rnlug tenderer which the market bee abowu end tbs dullness which develops on • II deellnea Indicate pretty clearly that stocks nre still closely held end In strong "The forecast of the weekly movement nt money should Indicate u tmvlersle gain liv the Lank, nnd lo reflected In t fairly good lank etatement on Hnturday. Whip t uinoaot of progrese baa been t ird • higher prlec level during the . . few daya, Indlcattnue point tn au retire stranger rinsing today, nud on say •rate setback, which may occur In the J dealings, we advise hnylng the Idler Claes of stocks, especially Amalgamated Cooper end Union 1‘srtSc, while Icnil.rlllr HKWWdUng dry, If lioafht on weak spats, sbeeld show fair proflts. Frank Hawkins, President. It. M. Atkinson, V. P, Tnoms.C. Erwlo. Asst. Cnshtsr. Joseph A. McCord. Cashier. C 'V. Byers. Asst. Csshlsr. Third National Bank Capital Surplus Dr. A. W. rslhoon. MlftMjMffML John W. Grant. II. T. McCord. . . . . $200,000.00. ease $300,000.00* DIRECTORSi J. II. Nnnnstly. Frank Ilewktne. J. f'srroll Payne, n. M. Atklaaon. K. B Boreer. Joseph A. McCord. Uertd Woodward. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. • TH0S. L Hints. Ctthltr rliriii. tiiniif JUS. C. (ISM. Mtt'lCttkltr MADDOX - RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS $200,000.00 S500.000.00 ACCOUNTS INVITKD. We cell the widely known and extensively used-Circular * - ,0o Notes and Lcttcre of Credit of Tho«. Cook tfe Son In Our Savings Department we allow Interest at the Rate of 3 1-2 per cent Compounded Semi-Annually. PIEDMONT BROKERAGE CO.'8 DAILY MARKET LETTER ■Id*. Our opsulng wss a Rhsdi* bvttvr Inst night's closing, soil extreme dull set lo. Aruttnd th« nunu hour, « shsrp iurt of sheet 16 jniint* In the NY ■OUrt Ot About 16 Doll Irens tnsrket helpwf th sod while tho Advance In Sow Orleans, r slderable strength the market up are ebowlug u sltion, and the th* Now York market. wee not na great aa m market allowed ran- • nd nervrme ehnrts Md tkemertvn. The bulla from the New York mocks. The pan feifl months we will witness greet fluctuations Ii the eotton merkrte, nnd span la ton will have s chares of thslr lira*. Tke encer- talnty nf the results of tho coming reop will dstsr • greet many from trading. Ogr opinion la oat If tbers sboold bsppon any thing to the growing crop, very murh blgb- ■e be rery greet. It the raneumptlog ot qbe raw ueterinl le nt the high record. I Stocks today were extremely dull, hat flrmaaM rontlsuea In most of the nctlre trading I sense. The market was doll l\kl llig laarlve (Row, hut *'j|m ilinn bund and n resumption of the up ward tactics, which has been so prodteMe In the past two wanks, might not ba re sumed. There Isaacs which bare enjoyed the advance are now Idle end digesting the ■greree, trails new ores era befog taken I dolly. Tke revive! of Ibe ruuinr of the ■taigamatlnn of tke railway equipment companies Into one concern bne helped the ahar.-a of tbo rnrioue railroad supply rom- penlee- Reeding, while n shade lower In Ike market session quickly rallied and td- ranced tn tha hlgbret point retched nlnce the Ran Krancteco dlreater. After the noon aerelon, the fertiliser sherse were taken c h x°l. d ti Stt B ii! rt ig.!!. P y.r. A n l S* ,l ; r b U f r l |i;i| ^WO qulut. Higher prim Ihrr*- I* SlglilflrAlir■" III VII of th* Mtamlari! Oil Hf. i'uul nii'l ronaulliUteti „ . iylVhuim, wm copper a ha res were quiet. Higher — eted, ng three la I nee of two of the LIVERPOOL GRAIN MARKET. m lat 1 ” • low*r. PRIMARY MOVEMENT. Tho following figure* show tho prlmarv wwot of nlirot ami r«iru: Wheat—XUrelpt*. 247.000 kusMs, ncnlm*t 10.00# Uu«h»i« lflAt yrerj shlpm*at*. bushel*, again*! S0MO i.i)«hi-i* Uat ywir. C*rw—Brerfpta. 362.000 hualielN n^ninMt hu-iioN ln*t rrer; AblpmentA, mu.uia) buflbeia, agafuat 481.000 husbels loot year. THE LIVE 8T0CK MARKET. Bf Prtvat* Lreaorl Wire. I’hlrngo, June l—!lan—RorelpU eatln Marknt strotig early; now *iei * 1 fair; left oi •t I mated rerrlpi rtr t 6'*, uiH'. if.-r*, go 26(t 4.06; r.rtftr to inn.Huw.* ft ‘^V^.20; *tr»cki>ri *n<1 feed p ra, 17.76^1.7$. Mi«>. ji-Itortfipt*, e.O'N); market atroug at •!«» " • l*.Hli.*r figmea; imtlve. 0.6M1 .5); w**ten>. f'l fc/««.30; yeArllfigv. V. Tfifl 4.40; lamba, ».6u|r7.10; weafern. 16.6^(7.10. Brevre. 64.164/4.00; row*. 61.4 jre. 0^4#O4 if gjw»d prfjne NEW YORK COFFEE MARKET. delivery today la New York: Ud»b CIom, tw*t 70 4 *0 4.46 4 7. US) *664.70 <e n 754,.*) 4.144.90 n.9M.96 6 "4 4 10 e - 34H& Aiffhtt ... ... ... ... ... « 204 30 *2<V4.2S Hrptetnbvr tl 904.36 October ... * Yi 6 46 <1344.40 Noremhor ... ... ... ... «<34 J9 t> 459.60 Doorntm .... t loiHMi *t«*dy. OOSZ,•:.;*•*- March April ... 4 95 4.96 is,--.-..":..-.."*.::- :::*£» July 6.13 . 466 4.644.40 vftoe* to lard, and were not influancad by the firm cotton market. The market at tho rloae wo* nnlet, with prlcot »*-’ lower to higher.-Ware St Lvlaud. SOUTHERN EXCHANGE Oldest Established Office Bouth. C 0 no*—STOCKS BONDS —MM Ground Floor Gould Building. Delly market lettrr nnd market manual mailed on application. COTTON 8EED OIL MARKET. Now York. Juno t.—The market for cotton •.•doll was decidedly more eetlvr and again | lower. There eemed to be eome little pressure ell along the line, aad also L. J. ANDERSON & CO Bankers and Broken, COTTON, STOCKS, 6RAIN Correspondent's Capital $250,000 RgrCRCNCE, TMK NEAL MNK PHONE 1417. PMUOCMTIAL BLDG Htm OrItBMI. COTTON^RAI^, ^HOVISIoFshlOCKsPBONDS, 90. 2 Will St.. HfyjJ/J'J’U. 6Hb»!0. 0j. Chief Boori of Tro4o. Chltagt Sloth tithoogo 9fm fork Coltoo (tthoogo. B C COT MM AS M.fliier Standard hoi Mew fork Cofloo l/ehaag Mew Orltani Colloo Cathaagt. llrtrpoal Colton Ano:isho*. hi lH BIAS trpoal Coltoo MltOilahoa. hltoio Wirtt lo htw fork. Mew Orltaat, Ck/ttgo. |«0 Hoot 1262. PIEDMONT BROKERAGE CO*. (Incorporated.) Baaemtnt Floor Piadmont Hotoi. ATOCK9, BONOS. GRAIN. PROVISION*. INVKtTHKNTB, F««t Wir # B 8ervie« from New York, New Orleana, CKio«flo. CORRCePONOCNTB Me J. SACK A CO . 41 BROADWAY. NCW YORK. f0«r. HOT/t. Varagtr. total pad Long Dlataota Bell hoop 1991. (■■■■■HI m