The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 11, 1906, Image 11
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THE ATLANTA GEORGIAN.
„
STONDAY, JI’NE 11, ISO*
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11
MARKETS
Edited by
JOSEPH B. LIVELY
Mr. Lively hns edited Markets in Atlanta and the South for more than twenty-
five years. His experience makes him the most reliable market editor in the
South if not in the entire country.
ENGLISH CABLES
BETTER THAN DUE
furnished chief early
MOTIVE TO BUY.
Decided Strength in July in New
Orleans Was -the Later
Bullish Influence.
The Liverpool market opened this
moraine, after having- been closed since
Imd Thursday on account of the Whit
guntlde holidays.
It made full response to New York’s
advsnee while that market was closed,
IPOIS being 4 points higher, but sales
were small at 7,000 bales.
Futures opened higher and Increased
the advance to a matter of 8 points
,t the close. • '
New York opened at a small advance
u a result of Liverpool’s showing, but
the decided strength of July In New
Orleans was the sustaining Influence
In the later dealings.
|r Private Leaaed Wire.
New York, June 11.—In the cotton
market business at the opening was
Bet active. The cableH from Liverpool
came about a point better than due and
furnished the chief motive to buy, aside
from the bullish dispatch from Western
Texas complaining of too much dry
weather.
SPOT COTTON MARKET.
Liverpool—Steady,
RANGE IN NEW 0RLEAN8 COTTON
Cotton futures ranged as follows at New
Orleans today:
Last Previous
Open. High. Low. Bale. Close. Close.
Juno ,b>. ..... 1I.0G 10.90
July .U.OS 11.00 lf.07 11.28 It.25-28 11.04-05
One. .10.#) 10.05 10.80 10.85 10.05-S8 10.75-78
Sept . 10.55 10.68 10.55 10.58 108648 104941
NEWS AND GOSSIP
Of the Fleecy Staple.
Prlvste^WIre to Ware ft Lets ml.
1L—Cotton opened firm.
New York, Juki*
cunsoo both old anu new crons,
bought. Tradera sold. Look foi
market.
Sledenberg, Scblir*nd Pearsall buying
cotton.
The Attempt to buy a little cotton started
the market. The weather in Texaa, partlc-
ularly the southwestern portion, haa made
shorts nervous.
Buying by New Orleans brokers Is help
ing to put up the market.
Orleans. June 11—It la rumored
that T. J. Majors la loug a big line of
The one feature of the cotton market la
.he strength of July, which is aurprtsli
even the bnlla themselves. Undoing
straddles between old and new crops la __
bullish argument at the moment. In the
spot market factors are very Indifferent,
and at llHe basis for middling there la
poor and small offerings. All told, sales
about 500 bales.
jurat, at
Norden buying.
Strength here due to the firmness of July
In New Orleans.
New York, June 11—The Journal of Com
merce says: The general agpect of the cot
ton goods market is one of awaiting fu
tore events. Buyers are operating enu
tlously, tailoring that expectations of n
larger cotton crop may bare an Influence
M prices before mid-summer. There la
■■likely, however, to be auy general re
vision of prices tarore the middle of Jnl;
as mills continue to keep enraged for slxt.
to ninety days ahead, and the scarcity of
labor Is beginning to exert an Influence
which may counterbalance any temporary
recessions lu either the raw cotton or the
consuming markets. In the meantime con
sumption of goods has Increased with the
hot weather, and a continuance of the
present June trade will make buyers much
more anxious concerning fall deliveries.
leans. J
aln the i
row market.
July aborts, on the run.
10.43 10.35 10.41 10.41-42 10.35-36
Nov 10.43-45 10.36-38
JHh*. .10.40 10.47 10.38 10.44 10.44-45 10.33-40
Jan. .10.50 10.62 10.50 10.62 10.62 10.45-47
Frit ..... ..... 10.65-56 ........
Mill. . 10.58 10.60 10.68 10.60 10.61 10.65-57
RANGE IN NEW YORK COTTONt
Th<* following Is the rnugo In cotton
futures in New York today:
Last Previous
Open. High. TjOW. Hale. Close. Close.
Iiino .10.77 10.77 10.75 10.75 10.76-77 10.60-62
lulr .10.67 10.78 10.66 10.73 10.72-73 10.65
Aug. .10.66 10.64 10.55 10.10 10.8940 10.54-64
<e T »t .10.60 10.62 10.60 10.62 10.49-61 10.46-46
»«■». .16.45 10.62 10.43 10.47 10.47-46 10.42-43
\»v. .10.47 10.47 10.46 10.46 10.46-48 10.42-44
NT. .10.47 10.66 10.46 10.61 10.61-62 10.46-47
Inn. .10.61 10.61 10.51 10.50 10.57-68 10.50-61
10.68-60 10.62-64
klch. .10.60 10.66 10.60 10.60 10.65 10.67-69
Closed steady.
LIVERPOOL COTTON MARKET,
Liverpool, June 11.-12:15 p. m.—Spot cof<
ton (pilet. with prices steady. Middling
uplands. 6.05d. Bales, 7,000; American, 5,100.
Speculation nud exfiort, 600. Receipts, 13,-
American, 1,200.
Futures opened firm.
Trev.
Op g. r'nge. Close, close.
lime 5.81. 5.84 6.76
June nnd July 5.82-6.81 6.83-5.84 5.76
July nnd August 6.83-5.81 6.84 5.'"
Aujr. nnd September. 5.7o 6.77 6,i
Sept, and October.... 6.69 6.70 6.63
tat. nnd November.. 6.64-5.62 1.65 5.68
N'*r. mid Hccember.. 6.62 &***$’£
live, nml January.... 5.3 6.64-5.65 6.6i
Jan. and February.. 5.63 5,65 5.61
Fehrunry nnd March 6.64 6.66 6.51
Closed steady.
TODAY’S PORT RECEIPTS.
The following tablw shows receipts at the
B >rts tmlay, compared with the same dty
it year:
New Orleans...
lialvestoii
Mobile '
tavnunnli
Charleston
Wilmington
NVf.dk
Baltlmor.-
New York
1’hHadelphia‘iii”******
INTERIOR MOVEMENT.
Houston
A'lcuitn .
Memphis
Total
im
1
ESTIMATED RECEIPTS.
-’fw 1 'rip.u. expert, soo tn 1.000 bain,
(Mln.t ..ns ncttinl laat TPflr: Galveston,
\?” In 1.500. ojnluat 8,108 m-tnal loot yeafl
k."i»!nn. 900 to 1,200, egnlll.t 4,664 octoof
COTTON 8EED OIL MARKET.
Jf-V vork. Juno U.-Thera wss a very
EJ? 1 ttmrk.t Ksturday far rottnn srod oil
•no prlr.o oliout urn-hanged. t'ommioolon
>™«v. ho.l some buying order*. but nrumt-
’ r ; ! Interest* generally field off. which rs-
S#? 1 In » ohort trade. The spot oltuatlon
^otlnn.0 ,|iii.t with very little offered aad
ibivier, nr. doing almost notbl—
“'> traolOM. reported.—Ware
fun** . .
hit . • • • • ,
*ef»t etnl’»er * * * * *
)er(ih,. r * * * '
^retnlwr * * #
‘•“•■rmtar
ri om-4 steady.’
THE live stock market.
'' r| t«te lewee.1 Wire.
■•foe 11.—lines: Eitlmoted re-
In" K00O. Mnrkrt Itrotut and
3 5 o .'J”- Quality fair. Left over. L-
1 ."'"k. tt.iaR8.80. Katlmated receipts
K ’""■•■rrpw. 20.000. l.laht hogs, ft.irfi
coed to choice heavy, IS.StQ
' •t'le-Recalpti. 28.000. Market ateady to
Z?* *** prime ateers. IS.20e6.00:
kSJSSi *' ock,T * toi
•Jeep-Bstloisted Its. 29.609. Market
fUr. Natives. «.50®6.39:
Rome aborts In July covering principal
causes steadiness in that month. Think It
advisable those who are long of July to
take their profits ou such spurts.
PIEDMONT BROKERAGE CO.'S
DAILY MARKET LETTER
New York, June 11.—Resumption of busl-
j«si In the to ’ * “ *
while spots and
idran ““
nnd rumors of a xqueexe In the shorts In
that option In New Orleans, where an ad-
Ivancc of 26 points waa recorded over the
Inst antes of Saturday. New York did not
quite follow the advance, but was very flrmi
at advances of 11 to 12 points. The .South
continues to sell the distant options short,
but refuses to sell spots on the decline. I
The present high condltlou of the crop
really prove# nothing. The June report Is
not regarded as trustworthy. We favor tho
' g aide of cotton on weak spots, and on
li rallies as we hail this morning, nd-
' cotton on wenk spots, and on
ns we had this morning, nd-
ge should,be taken to secure profits.
Stocks—Price movements this morning
were generally Small, outside 'of the ad
vance In St. Pnnl, which continued tho
feature In the stock market today. The
stork after tho first hour advanced to 179H.
the highest nolnt yet reached on this move
ment. nnd 2’i point* over the closing of
Saturday. The stock Is loaning at 1 to 2
per cent. Indicating there Is existing a
largo short Interest. Union Pacific was
nhio strong, advancing one point. Tho buy-
lag In this stock is of the beat character
nnd higher prices are looked for In It. The
coalers were comparatively steady, but In
market seema to be an awaiting one nntl
thla la ont of the way. If the crop report
ta good and money continues easy, those
who are now holding aloof for the market
would probably come In and assist In' ad
vancing prices. On weak spots stocks
should be taught for turns.
GIBERT A CLAY’S DAILY .
COTTON LETTER.
Now OrlMtik. Jan, 11.—Llvorpool far-
nl.hml n full r«ipon»e to tho •ilvanre that
U-rurrod In Amerh-on market, iIurlnR their
tu.lt.InT. r nptlona oloalna 7 ta 9 ixilnta high
er than Inat Thuradny’i Anal prlcea. Hpot
lanlea amounted to 7.W0 bn lea, the old ijuo-
tatlona lietn* railed 4 point*. Loeally, the
atrengtb of July contlnneo tho feature of
the market. The ahort Intereat lu thla
poaltlhn ha* been nudrnlnbly nerroua andl
Fuft iiereltenMb^lquld*tlMn>MblMDteri
eat will go la not nt nil reaeonably aure, for
earlier In the aeaaon the aelllng of July and
wa* a very popu-
fore It la ante to
laaaome that a great part of the covering
of thla abort Intereat la prlndwilly the un
doing of the July end of the atraddle.
Wfotber report* continue, on the whole,
farornble. but molature la reported bndly
needed In aouthern Teaaa. The atorm ccn-
'ter over Florida aeema to ■>* rxtrr ”
are* over both the Atlantic and gulL ...
and heavy rain* have liecn oliaervcd today
over the Atlantic aenlmord. which. In al
probability, will reach far enough Inland,
■o aopply neede.1 molature In Oraraln undl
in other atntea In which unequal illitrlhii-
tlon of rainfall ha. occurred. However,
^^Hthe dlatnrhaiiee ahould reach al.rn.jj
STOCKS STARTED
AT LOWER PRICES
TONE WAS HEAVY DURING
FIRST HOUR,
RANGE OF NEW YORK STOCK MARKET
Most of the Declines Later Recov
ered on Firmness in
St. Paul.
New York, June 11.—Today’* mer-
keta opened with considerable hesita
tion. The general belief that the gov
ernment crop report would show a
heavy falling off In percentage of con
dition from a month ago, and the Im
pression that the money situation as
disclosed In Saturday's bank state
ment waa not ns satisfactory ae It
might be. caused some liquidation and
a renewal of bearish pressure. In the
comment on the market outlook over
Sunday there waa a note of misgiving,
not to say pessimism, Which was calcu
lated to appeal more or less forcibly
to outside holders of securities. What
the deallngu after the first half hour
showed, however, was that the outside
Interest likely to be affected by these
expression* waa comparatively small,
and that the real power on the buying
side waa lodged In less sensitive hands.
With the reappearance of the purchases
which had been ao Influential last week
In St. Paul stock the whole market
started upward again and by noon was
generally higher on the day. St. Paul
gained I points during the morning
nnd the buying of the shares, whether
or not the expected Is Issue of ‘‘rights’’
was the only Incentive, came from
some of the largest and most Import
ant houses In the street. In other di
rections the market waa quiet, but It
waa noted that prices rallied on very
little buying.
In the stock market Steel, preferred.
Car Foundry and Union Pacific opened
unchanged. The balance of tho list
started In at decline of from l-» to
1-S, the last In Missouri Paclflc. Read
ing opened 3-* lower. St. Paul und
Amalgamated declined J-i. Anaconda
opened 1-2 higher.
There was a heavy tone to the trad
Ing In the stock market during the first
hour, but outside of Consolidated Gas
the losses In this period were small and
unimportant and a buying movement
In St. Paul wa* reflected by a flrmer
tone all around the rqpm on which
the earlier losses were noticeably re
covered; In many cases material ad
vances were effected. There waa L
fair commission house business with
most of the trading on the buying tide
and the disposition generally was to
buy stock* on any concesalons
prlcea.
Government* unchanged. Other
bonds strong.
TIPS FLASHED
From Wall Street
Aamlgntatted Copper '
Atlantic roa.tt Lino..
A 111.*! la’ll II S'lU.ir U>'nillll|f,...|B,^M|MMHHHBBaMaa I
All.l tnlul.l
Auiorloiti Loco mot I
tio itrrirrrpQ.......
American Cotton Oil
Ualtlmoro ami Ohio..
It rook h it Hiiidtl Transit.........**,...
Canadian l*nrlfic
Chicago am! ,Nortliwestern
Cheanpeukc nml Ohio
Colorado Fuel ni
do preferred.
Central LiiMrVPMMHiMHIRi
Chicago ami Qreat Western............
Chicago, Milwaukee mid 8t. Pnnl am
Delaware nnd Hudson
Distiller's .Securities
Erie
do nr
General Electric
I'lluoln Central
American Ice Hocurltit
it It stated that Reading will take over
Baltimore and Ohio.
Ilearlah preaaure likely to be extended
on the WcRteru rails, as It Is said the gov
ernment report on wheat and oats will
peanimistic, hut look for strong support
"to it, probably more than a traders'
market; but sentiment In the best quarters
iecurltlep.....
Nashville
Missouri pacific !!!!!!!!!!*....■
New York. Ontario nnd Western....,
National Lend
Northern I’mlllc..
New York Central
do. preferred
Pacific Malls
Hock Island
do. preferred
United Rtatea Rubber
do. preferred
Southern Pacific
Southern Railway
do* preferred
Blon* Sheffield
Tennessee Coni and Iron
Texas nnd Pacific
Union Pndfic......,,
United Htntea Steel
• do. preferred..............
Vlrglnla-Cnrollna Chemical
do. preferred...... *
Western Union
Wabash
do. preferred..
Wisconsin ~ ‘ 1
STOCK SALES.
11 a. m.
12 noon.
1 p. ra.
..151.900 shares
.,283,100 shares
.,815,009 shares
STOCKS REVIEWED
BY NEW YORK SUN
WARE A LELAND’S
DAILY COTTON LETTER.
Nsw York. Juns lh—After ths soms-
whtt protractsd holiday abroad, pries*
there opened steady and advanced
rather eaally until the level waa some
14 American points above ths closing
price of last week. Thla stimulated
purchases In the local market, and It
was evident that there wa* very little
cotton for .ale. After advancing to
10 46 for October, the market halted
for a half hour, and then, as no rains
had fallen In southern Texas and July
In New Oris*ns ran up sharply, a
buying movement started that Hfted
October 2 or 4 point* when shorts were
scared Into covering. For a time,
there was con.lderable activity, and
October ran to 10.52. On the advance,
considerable cotton bought last week
was sold out, and when It was seen
thst rains were predicted for Georgia
and North Carolina and South Carolina
for tomorrow, short* stopped buying,
some professional* sold, i»nd prices ran
off ( points rather easily. With rains
In the Atlantic atates and lower
temperature*, about only spot In
the belt needing Tain will be a portion
of south Texas. Here, the drought Is
confined to a few cotton-producing
GIBEIRT & CLAY
• *• ALABAMA
STOCK*. BONO*.
COTTON. GBAIN.
corrcc. PROVISION*
HCMScaai
ATLANTA. OA.
’ Tark Block Eirhanfe-'New Ori.m. Cottoe Exrban*-irhtcan Boardof Tr
; Turk Cotton Exctaagaj.Vew Orlcana Htnrk Exch.ci."- t
' fork CofTce Ex.hanic. X»w Ort.ana Board at Trade i.altctoa tottoo r.
to Board of Trad*.
AMoriatloa
“i.-bauia
R. FAGAN, Manager.
.... poi „
week the path followed by the atoek mar
ket waa upward. Toward the close of the
week speculative prortt-Mkliif set In anil
the power of the market to absorb stock*
under these aales waa found to be moro or
less limited, but that price* generally Be
trayed a deal re to rise waa clearly ap
parent. The advancing tendency waa not.
admittedly, cauwid by the rltoroua buying
of stock* by either the outalde public or
by great capitalist powara, but Ifthcwi
■-* re not partleliwtlng In the ad-
were not at lea.t opposing It,
nor waa any large amount of stocks to be
found for sale when the market,either rose
or fell. The general reason, for the .trengtb
of the market .eenicd to stand In a very
dear light At the clo*a of the precious
week profM
COtirW Of thr hhh»*8
ended, found that price* were rising In
that creating way which wa*. atmv# all
others, enggettlve of underlying flrmnca.
and resilience lu flnanelat rondltfona. Ven
ture* for the rlee rather than for the fall
lu the market were. In other worda, dis
tinctly Indicated to the pmfemfonal specu
lative element, as Ihoae affording Ihe beat
chances of profit, nor did a more serious
study of the general situation In any way
alter thla dlagnoala. There are really only
two matters at the moment effective In
shaping the coiirae of values—the money
situation and the stale of the crop*, nnd
of these the Intter I*, for obvious reaaoua.
much the most Important.’ —Olltert A Clay.
THE DRY GOODS MARKET.
D ?.’e , w , 'vork. t Juue ! lL-HIgh price* prerent
ed any large aales In the dry good* market
today, amt a few manufacturer* shaded
prices a little on staple brown goods.. Buy
er* have been forced Into the market for
sr^Mot.^t.k'." .i-vi-T- f -
newad eonaumptlon evident liecnuac of *<-a-
aonahle weather, tint they take only suf
ficient for Immediate neceaalt es, or will
Iray on memorandum till July 1- hlno
gomla continue In demand, with advancing
tendency.
NEW YORK COFFEE MARKET.
The following table give* the opening
and dosing quotation, for rofir, for future
dtllvery today In New Yoric^
Janaary 6.654.79 M54.75
iSbraary.. 6.794.90 6.754.89
llairb / - 6-85 6.854.S0
AnrU . .. 6.90-7.09 6.904.15
Mav .. .. V. .. . .. - 7.00 7.00-7.05
JnV« . .. .. . .. .. - 6.094.15 6.154.25
Jaly.V AIH-W A204J9
Aairaat.. .
Heptember.
October.
1254.30
6.354.40
SSSSSSSmht.v if®
Delimiter.. .. .. •» »» A60 6.606.65
Cloaed afeady.
6.204.33
6.36
6.354.45
About 24 miles briow the Jtf of Bor
if Minx s tad of rock that J# still a menace
to navlfallon la tain* blattai «#t, and
will ta entirely removed the present year.
For ‘fw chsnuel W*?**
wss sjqiroprlated by tbs r reach govern-
NOTES ON GRAIN
Polntors on Provisions.
eago, June 11.—Iutcr-Orean: The Mich
igan crop rc|Hirl, wln-d by King, of Toledo,
gives the rouriltlon June 1 as 76, or tbs
some aa In May, compared with 97 last
June. '
Corn condition 90: a year ago 82.
Oats 91, agaln.t 90.
."Crop conditions In Ihe northwest sro
nlHiut perfect, nnd tf nothing happens wo
will hnve a bumper crop," anld lienry L
Little, of the IMIlabnry mill* at Minneapolis
"Them haa lieen too much rain lu parts
of the Bed Itlver Valley, but where one
bn. liecn lost two,have liecu mad* by the
rains In other sections We get a good
many crop reporta from temple that tell
about damage, but we have a line of ele-
ystors on the great northern road* and
have recelred no unfnvorablo report*."
the condition one to three points better
than n year ago.
A inea-age from a Mound Illdgc, Knnsai,
miller aays: "Wheat crop Hue; condition
promisee fully ua large n rrop as Inat year."
The pneklng In Chicago at nee Murrli 1
aggregates l.Ht.oo hoge, a derreoao of 87,-
WTfrom last year. • -
u,
Oklahoma City measaga: “IJrore through
a 1,500-aere wheat field and watehed tue
binders at work on harvest. ’The plant la
nlamt threo to four feet high, with
good sample of northern Oklahoma."
Crop conditions In Nebraska are getting
■erlou* and need rain. The Llm-uln. Nebr.,
papers Bounded alarm yestarday. Shannon,
manager for Ferguson, aays need ralu very
hadtwhent already damaged. Foster, of
the Foster Llnvator Cnmtiany, says wheat
la In a critical rondltlont If no rain aoon
It will be badly shriveled. Machine men any
wheat In critical position; corn damaged
more by ent-worm* up to date than from
drought: oats very poor stand nud very
short straw. ,
Private Wire to Glhert A Clay.
Chicago. June 11.—Both foreign and do-
mastic -news ovsr Bundsy nbout ns ei-
.. V - -.
ulng
llstlc
■■■VlovanaHIMHHH
Issued l.elny nt l p. m., In
mourn I Interest, owing lo tho
uimflier of ronfllctlng reporM that have been
received regsrdlug deterioration of the win
ter Wheat plant. While the report Is es-
t.acted tn enow several points decline In
condition of winter wheat, quite a number
of conservative people are predlrtlng that
the showing wilt prove above the average.
While we appreciate the fact Ibnt bulla
are In control, hence are In p<
form prleen luurh higher, we at
time,' In view of the recant short
In ell cereals, licllevn It wise to taka profits,
further upturn, with n
_ ..your lines on a good
action, 1 - -
henslve oyer thejwaslm
the aouthweat. The government
repeclally on any
view of replacing
action, which really appear* du*.
Pringle bought half million July wheat.
Lake and Scott sold It.
On passage wheat decreased 2,2M,ff»; corn
dec ran eeil 194,000.
Cudahy and Northern Grain and Updlkt
been the beet buyers September oata this
morning. Friedman Starling and Kneetand
also Inlying. Vary llttlt trad* in July nala.
Kxporta of provisions for tha week: Pork
2,710 barrels, against 1,812 last yoar; lard
— 00D pounds, against 18,8*1.000 last yatr;
ii 22,818 Imaea, against 2*.981 last year,
jll* a good buyer July lard and i "
Offerings of lard anmll; goml ilenianil.
Frank Ilawklna, Presldeot.
Toomaa C.
B. W. Dyei
ucCord, Caablsr.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
DIRECTORSi
Frank IIowLlns.
H. M. Atktnon.
Josaph A. McCord.
LOWRY NATIONAL BANK
The Lackawanna Ballroad Company has
inat retired from active service Ben knot,
hoe Of the old-time engineer*. . Kuos
worked for thle rompany 87 years and
haa run nearly every train on the rood. He
has driven Ida engine* more than 1.009,800
■net.
New York’s
rrr# of f
the cl
nte, for '
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers' Letters' of Credit available in all parts
of the world.
HAVE YOU ANY MONEY AHEAD?
Is It Invented where It If perfectly safe?
Is It avallablo now if FORTUNE should knock at
yonr door?
Prepare younelf to take advantage of opportunity
by Invcatlng your saving! In thla bank, where they
will earn 314 Por cent COMPOUND INTEREST, be per
fectly safe and available practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
Ata Q. Candler, President.
W. H. Patterson. Vie*-President. A. P. Coles, Cashier.
John 8. Owens, Viee-Prssident. Wm. D. Owens, Asst, Cashier.
tin. L till, hiilJf.t
toil. f. MAGS')!, t il-till.
MADDOX - RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
THE WEATHER.
LOCAL FORECA8T,
Atlanta ami Vicinity—Ralu and cooler to-
ultfht; Tuesday fair.
WEATHER lf3T0TT0N BELT.
New nrlemm-cirnr and very hot.
(Ihrevsport—--
Moutfouicry,
Ulear and hot.
Huntarllle—Ulesr and cool.
Melina—Clear and hot; nice rain yeaterday.
Jarkaon, Haalchurat, Ylckibur* and
Hrmikharen—Clear and wartn.
Meridian—Clear and hot; light rain yea-
"Slffiu —Heavy rain yeatorday afternoon;
now clear and nlesaant.
Thoroaivllle—I'artly clomly; aome rain
yeaterday.
Home—Clear nnd hot.
Albany— Partly cloudy and pleamnt.
Chattancoga—Clear, and warm.
Chattanwtga—Claar nml wartn.
Knoxville—Clear and hot.
Memphla—Clear and cool.
Tyler, Fort Worth, Ilooaton, Dallaa and
tan Antonio—Clear and hot.
The fitap ahotra clear warm weather neat
of the Mlaalaaliipl river, bat In the Atlantic
Mtatca, especially on tho cosat* the rainfall
baa been heavy. The atorm aeema to ta
working up through the eaat. bat warn
Inga are out today from Jacksonville to
Mobile.
WEATHER IN WHEAT BELT.
niMiv.’.
Northwcat—Partly cloudy; M to 62 above;
general ruins In the nnkntna.
Weat and Routhweat—Oeuerally dear; 64
to 64 above; Mattered ralni In Nebraska
ami Kanaaa.
Ohio Valley—Generally dear; IS tc
above.
WEATHER F0RECA8T.
Loulalana—Fair Monday except ahnwera
i extreme eaat portion; Tuesday fair.
Ocorgfa-Khowera Monday; eaat winds
probably Ineladln* Tuesday.
Weat Florida and Alabama—Hhowera
Monday; north wlnda, probably Incrvaalng;
rn hi Miuin iMiriion. i untiRj mir,
Arkanaaa—Partly eloudy Monday; ahow*
Wfl SmrisY'.nd T«e«u r .
Tenueitaee—Fair Monday; warmer In
torthweat; Tuesday fair In eaat, ahowera
n weat portion.
Eaat Texas—Fair Mondny nnd Tuesday.
WEATHER CONDITIONS.
■The atorm thnt waa In tho vicinity of
aouthern Florida on taturday has moved
■lowly northward and In uow centered off
the weat coast of Florida uear Tamps. It
has esuned ahnwera throughout the state
nnd on the south Atlantic const.
The northwestern atorm area baa moved
out the Ht. Lawrence valley nndp' * ‘
lowed by an extensive area of high i
central over northern Mlchlgnu whUe
i pretsuro
second storm area Is moving In from the
Pacific and entering the cqast of Oregon.
The weather Is more or less unsettled
with rain fnlllna at Portland. Ore., Huron,
H. !>., North Platte, Neb., I>odcc, Knns..
Wilmington, N. C.» Charleston, B. C., and
tavsnuah.
■I II., conditions favor rain and cooler In
“ftiSinMSfflLSmiota and
lows—Fair tonight and tomorrow;
bang* In temperature.
oat if—Fair and conllnund «t
night nnd tomorrow; probsblr light frost
' ll Nsirra*iuo--i’arfl)r t ’clnuilr; proliahlr show-
SESSION IN WHEAT
OPENED HIGHER
MET LIBERAL PROFIT TAK
ING ON THE UPTURN.
Caused Immediate Set-back to
Slightly Under Saturday'i
. Closing Prices.
ent'*
Chicago, Jun* 11.—Th* g<
report on grain made Its nppcai-nnce
late In the teaalon, and wa* const rued
a* bearish on wheat nnd bullish on
oata. The condition of spring wheat
waa given at 93, Indicating a yield of
17,189,009 acres of 284.000,000 loiohcls.
Winter wheat condition *3, Indicated
a crop of 414,000,000 bushel* Out*
88, Indicated u crop of 830.000 duo
bushel*. Winter wheat condition last
month waa given at 31, Indk-aitng a
crop of 411,000,000 buehelH, and lust
year It waa 8S.5, with 428,000,000 bush
el* harvested.
There were decreases In the visible
supply of 1,027,000 bushel* wheat and
818.000 bushels oata, while corn In-
' I' I bll-hcl*
A cable received by Slaughter late
In th" il.il f-u Id Ilia! I In- rumor of
Russian export prohibition of grain
had not been confirmed.
■ ' ■ 1 i -• f-ii'i- Win-lit. 421,000,
corn, 1,074,000 bushels, compared with
199.000 nnd 697,000 bushels, respective
ly, n year n*o.
Clearances from eastern aeaboard
were 119,000 wheat nnd 9,317 -barrels
Hour, equuUn* 161,000 bushels wheat,
61.000 corn and 16,000 oats.
CHICAGO GRAIN MARKET.
VRS**
fc :il I
WIIEAT-
July. • 8l*i
Kept . 54
Her. . 54 Vk
cunN—
July,
tapt
Doc.
OATS—
ft; I
POith-
sfuly. .16.90
*Wt .16.65
LARD-
July. . 8.63%
Kept. . 3.00
Oct. .. 9.07%
HIDES—
July.
Hept.
Open. High. Low. Close. cIon
84*4
83
M-H
S«*W Its
m a
Oct.
. 9.90
8.90
9,00
9.07V6
9.50
9.49
9.30
9.40
9.90
9.15
.. . _ _ rad 54MI:
hard winter, v-4186; No. 3 hard wlnii
82; No. 1 nortoent spring. K'.<»f87;
northern spring, MOfl, nominal;
spring, tOQU, unmlnai.
CHICAGO CAR LOTS.
PARI8 GRAIN MARKET.
COTTON REGION BULLETIN.
for the 34 hours endlnu ‘
meridian limp. Juns II. 19i
STATIONS OF
ATLANTA
DISTRICT.
‘Atlanta, clsar.
♦Cliattanoc»ga. clear,
Columbus, dear....,
Unlncsvllle, clear....
(Ireeuvllls. p. cloudy......
rlffln, clear
Macon, clear
If on tf cello, clear
Newiisn. dear..............
I tonic, dear...
Spartanburg, cloudy.......
Tallapooaa, dear
Toccos, cloudy..
West Point, deer
•Minimum temperature* era for li-bour
period sudlr - - *-**
ng at 1 s. m. this date.
CENTRAL
STATION.
List. Averages.
PRIMARY MOVEMENT.
bnshds, against
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged to t4 high.*;
1:39 p. in., H to 74 higher; closed 4 tn 1
higher. ■ ■
NORTHWEST CARS.
Following table gives tin* northwest ear
of grain today, last week and last year:
Last f.aat
Today. W»*ek. Year
Minneapolis JS M f
Duluth 170 353 zr
Chicago 7 4 l
Griffith J. Griffith Is now serving th.
last months of a two-year sentence In Hat
^uentfn prlw>u, ( (’allrornla. for
Two Salt take City Jad**-
•tfl2V
in 90 pe r cent of lh*» pupils
jter rnllege or se^k ft utilVHrsli;
degree, and also that the Interest of th
few must yield to tfio needs of tbo ninny.
SOUTHERN ESCHANCE
Oldest Established Office flouth.
CO 170W STOCKS BONOS 6NIII
Ground Floor Gould Building Dally
market letter ftM mnnuftl
n .ill#-! • it •«t t• M -«!P*n
over fhc" eestern portion of *the belt; lit
other parts there —
no noticeable
eastern dlatrlcta. and ItMppredab
THE METAL MARKET.
ew York. June ll.-TIn on modernts of. !
ferings eased off over %c In spot and
•Uy deliveries.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Corrnpoadint's Capital $250,000
RCrCRCNCC. THE NEAL BANK
PHONE 1417. PRUDENTIAL BLDO
5200.000. 00
5500.000. 00
countie., and cetton I. doing so welt
ebtewhere In the belt tlmt It l. an open
question whether enough buying can
be stimulated to carry on much of an
advance above lOIic. It D a weather
market, and on a rise of 25 point#,
profit-taking seems to t« the part of
wlfidom -
ACCOUNTS INVITED.
We pell the widely known nnd extensively used Circular
Notes and Lettera of Credit of TIioa. Cook & Son. »
In Our S*vinf>s Depsrtment we sllow Interest af the Rate of 3 1-2 per cent
Compounded Semi-Annually.
^ L ELAND
COTTON, CkAiN, PROVISIONS, '
WARE A „ _
. -CT... STO g KS( BONDS,
Ks. 2 Fall St., him 1,1141,,. Sllaala. Cl.
sunk
It* Y*rk Cpllo* fidiRff.
Ht* Oflttat CoM«s hthptft.
Lhttpoo! Cottta AitOflstlo*.
hiftt Wir«« fo Nt« York. Ntw Orltitl. ChU*t»
9pH Ykopt 1242.
Chita§o Batrj at Jra4t.
Chuago Sftik [tchanft
Net Ytrk Cettet iithaitfp.
B C. COTHKAN. Maaeaer.
Staa4ar4 rhaaa 396s
PIEDMONT BROKERAGE CO.,
(Incorporated.) Baasmsnt Floor Piedmont Hotel.
STOCKS, BONDS, GRAIN. PROVISIONS. IN VESTMENT®,
Fast Wire Ssrvice from Nsw York, New Orleans, Chicago.
CORRESPONDENTS