The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 13, 1906, Image 11

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THE ATLANTA GEORGIAN. 11 COTION OPENED business was reported fairly active. South Sent in Fair Amount of Buying Orders on Early News. rivtrDOoTf •ponlng waa Letter than due .rot" tS» tuofnlng. 1-lntt- \ H"' ”P «? $ uror roantha and 2 up «n the late p.»I wm mnrUd up « P°|nta, maklns I IIIIn# « llil Hub** U»0O) DOlM. Vei- t'ork roapondrt to the ndranee In tk. English market, though the situation {* tlif July Option was ronrldered tb* main ^’i/r’prlr.'g "ml." In the morning waa the aahteet of conalderalile comment, both fa- •»«*«<* ‘"•■The fomguhS* mea'na. If It menna nn .hi,,, that the illapoaltln® » itUMJi th. arrows planted this year la a« marked I! *a« the dlamvItloD to underestimate It f..t «at7 and Vie tendency toward «Uf- rorall" with n view of rorrrotlng laat fnr'a errora has be-n fait even In the de- nflttinent of **rtvulture ttaalf. p e|t meant further Unit the actual In areas.* In acreage thla yenr. illierally ettl- anfeil la not over t per cent, and, In my ?r>m"oi It la douMful If It la .'Ten aa much „ » oer cent. The arrow return* were ”mplf,sl at a time when V™' 1 * "{TJ??* n. the (tooth svna umVr the reactlonarT Ihenc- of laat yearn amall crop «st(- and hnd swum In eonaeonenee to he 'iher extreme, and were endfavorta* {.. f.irwanl their aprorotatlr* opwattons by overeitlmale on the arrow* and the lm* el leal Ion of a large ab'ld thla yo **A« the departtnentjnoir ndmlta Edited by JOSEPH B. LIVELY NEWS AND GOSSIP Of the Fleecy Staple. zSSSSIw oriiMnat year l. tirrly 1 ror rent. It Won*. more and mow alatnly evident that Ua moat aitmcirdlnary mndillons are necessary from now to we •nd of the ten non to prvxluce n crop that Jill i ven approximates next year’* minimum rwiulremeata.'* Bl V,!w lr York l .' dum'''l'i-The undertone of th. local cotton inarti't at tlie ontoet wm numldprahly firmer aril Injslneaa waa net Ire. 'Hie Liverpool) market rcapoodeu to Mr ITlee’e conumuit on the reply of the iitirMii of atatlNtlua *>f the department of agriculture to KfP***£ n,tt,,v *J» l hv > Mmlna tiVck on the laat coljfcon report by comlna icvcral points higher' than 4ue. whilejAmt In. comment teTeig-aphed to the Sonth brought In a fair ivnount of buying order* from that quarter. t 8POT COfTTON MARKET. ^steady, 11.25. f New Orleana^-StffiUy. lttfce. Liverpool—'Outfit* klld. AuguRta—Btea fly. llKe.- Savannah—Htiouiy, 1$ 18-llc. st. Ifonla-Btrfcfjr.llc. Norfolk—Htea fiy, lgjt’. . RANGE IN NEW YORK COTTON, Tha followlacCjM tlio rang* In cotton future. In New .York today: pf , ?I<wi US. :!*:«* i»,$| !S:S i:|g £3 .15.77 10.80 ,10.71 .10.6* io.«. no.57 .10.5.1 lfl.81.mM w. . 10.51 WJ1* rlO.U ni: :!m liSi tiit io.« Kg* «fi« i.„ .lo.a Silt .on as >o.s| 10-n Mrh. dbdO 10.TW,'10.10 1AM 10.C1O 10.(3 rimed atroO,^ _ RANGE INWEW 0RLEAN8 COTTON Cattna fntutj.-s ranged aa followa at heir Orlr.ua lotto*. rravloo. 0pca.;IIIgh. U )W .8a?.. i C.o r Crow. July :ii:w iiLM ii.i# n.» ”■*'2 Aur. .10.90 .10.90 1".» 10.M I0.S0-M AM Kepi .10.50;jlAM RS B I'M* .d 1ASMJ 10.42 rlA44 1A# 1AM 1AJS-W 10.41-4! Prirate Wire to Olhert & Oar .New \.*rk. Jui... I: i.iM-niVs r M IS * h, * 6 ' r on thl. crop ind „„ Al >•• being made to ndranee nrlcca ,'J CSSPjgK New Orleans. June 11—Urenfool 1 nn chmiK.il lo l js.lnt higher. “ Liverpool .’allies: "SJanche.ter uuleter. Spinners have bought^ freelr lately that they will mil IxTck nn .i * nn ' * a H lew then their consumption - r.ii. , cEi.* ho ” *. /arorable dl.lrllntlo i of Si™";. ."PMW In southern Tcjaa whm It Is much needed. In the am..,tie rMZ * f? arattered rain, hare oc curred. Tempernturea marb lower. Private wire to Wore & Inland York. June 12.—Lirarpuel rabies t^he .enrlmeat here u more humab. Vc'ih marker*" 0 *' U,r * ,,rornblc opinion of the Mltehell. S'orden and Freeman offering ,b,, ' n<,t of 'fad. forcing t.'onalderable buying of July b» Weld and brokers; looks Ilka Price. 7 7 ’ u .Ji*Tr crMa offerad freely on the advance and thl. broke the market. Trading more aet.lre; tone more uncertain than rccemlr Near Orleans, June 1-.—Letts,vorth. La.: ?e*ri :?f ±g»Jr££* CropiYrSH'tfd Hat her free ofTcrlcga are putting July d °lt rD ia HO?ei!r U 5s" do10 * ,'he Selling 7 July In {jggnSg* C ‘ nrPM> * " n « SHORTS IN THE JULY ARE BEING SQUEEZED Kmt York. June lL-Tbe Sun says* Three things lorded It over the New York market and lifted It willy-nilly. Th“y were * "IMeie In Noi oAWnaV aiTonJ cables from IJrerpool nnd vary hot weather -“eJit***'. YJ 1 * 1 fenaed covering ou quite n fair acale hare, though the ailrance waa not ao great aa In New Orleaua. Thar# are those who, think that the July short Interest Iwre la of no small proportions. The cert I heated stock In New Orleaua Is Terr small, pry gixxla re|M>rla are In tha main favorable, and unless there la min nnd cooler weather pretty soon In southern Texas there may lie a weather scare. New Orlean. and the Hontb bought here, and there waa aleo a food deal of general cor- erlng. not only for room operators but for omaTders. Including the Wall street ele ment. There le no Idea that the crop In Texas haa as yet been seriously damaged, hut no season passes without a weather scare, and It Is not denied that Inwar tern- pernturea and ralna art needed In the southern portion of Texas The government pmrtlcally reduced He estimated Increase of, acreage from A! per cent to 4_par cent, allowing for errora Inst season. The quea- •Ion arise, whnt security has the trade mSlbert jfciay*” *° 7 more correct now.” . New Orleene, June li-”Whether the New Orleans abort Intereet In July he large or small, It Is greet enough to create a very scute demand for that month's contracts and -a feeling of confidence In the camp of the longs, tbo tw« having again pushed the soi summer position wsy out of the remslndiT of tho world. Most prol»- sbly July hero will Le liquidated well alwre October, but bulls should remember * u “t the South ns a whole yet holds a * cotton,..though the local, territory — — —-y w- — push tho freexe out game too for. Yesterday's cot ton market added more than *i a bale, net to the price of July options, while Increasing the value of spot cotton only an eighth of a cent. This makcH the gain on July some 80 points within a week, which destroys tho prospective profit and some margins, too, of once overconfident •-‘-’•October straddlers, who now find It cult to buy In the former nnd sell out the latter even with a loss. Thu July In terest, however, cannot bo large, becouso of the scarcity of business during many weeks past. Consequently the Increasing acuteness cannot coat • anybody a really hurtful sum. Meanwhile crop weather con tinues good enough, with the flawsJn tha Ideal limited to the need of a little rain hare and .there* Hence, fail shorts as yet hare had hut small cause for real worry, —Ware & Lei and. 10.8848 10.48-48 Sr.' :R44'*.iA4« 1AM 1AM 1JM-M }A«*4» lia. lB'lM.M 1«M 1AW 1A4M6 10.62 .«.»» ,.««, ..4..... ie.sen i.h .: iaimi w.n Cloa.il si* say. LIVERPOOL COTTON MARKET. Uv.rprelf. Jnn. 11-12:15 p. m.-Frml vnf. Im quin, tilth prb-vs sternly. Middling np- Isuds. «ll/l. H<Im. A000; Amerlmn. .*.AsL r slstlnsi snO export, 4,000. Ilccclpts, 4,- Am.J.ren, 700. futtin*,, opened eteedr. _ , Opening rrevlou* Range, rtnee. How. .n- « ID AM AM JtncJulv X.........HUd tniM AIM.M Jab Aug. .... „....A«M.»S M7AI, 1st Aag.’Sepl.,*. AWAttt AM ATT —sms tm a. fc-r- .=a L Hs. Koh 8.05 . iZ fM -quiet. TODAY'S PORT RECEIPTS.^ TheJroltowInff tablb shows receipts at the Ijwtiltoday, compared with tho same day INTERIOR MOVEMENT, UM 1106 a ffoQttnn 8a««fn ■ramhu 1» Cula l *arian*t| 1022 1» X • m 810 s i $ Total 2S96 •* . v ESTIMATED RECEIPTS. _ # N*w «irlesns aspects TOO to L000 bales, iSi t *I last^ year:, flglreaton, Rsastoi The DRY GOOD8 MARKET. IflMt.t. [^sm.l Wire. '®rk. Jen, 12.-Th dry geode mar- fc,?*! • •tandstlll t.«l«y I— nn«* of * 2*? 1 '" I* Iwt vm bnyers and ..-llors on ta- TV- utrartm. Keme .hailing of orlcc was e 3jV*q "U Wide print, nml stniilo brown ■ o.v.ivhod mod, ef eonr.. ,tr,i.n Sv' 1 quotable rhenges took place In the "rt-t as a whole. AT TIE OPENING MANY SHARP ADVANCES MADE IN FIRST HOUR. Practically Everything Traded in Joined in the Later Upward Movement. nlng tha r.iirk-t continued to feel th,- good Influence of yesterday’s cron estimates. The receipt of another EMM from Hnn Francisco, making a total of 817.300.0rt0 received back from that city, and a gain of ffOAOOfl on the week by tho local banks that tha sub- Mr. Lively has edited Markets in Atlanta nnd 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. RANGE OF NEW YORK STOCK MARKET Prar. .Open*HighJLow.|Close] Uld.|Cl0! Amalgamated Copper Atlantic Coast Line American Sugar Hefintug... Smelting tiffining.. American Cotton OH...., ItiitttiiiiMc nt.d Ohio Hr<•«-hi v n Hu|>ld Transit... fill,-I I IrtHS IW^: 107%t 1< 185*81 135S C71 267 id Ohio Colorado Fuel and Iron do preferred Central- Leather Chicago and tSrent Western Chicago, Milwaukee and St, I’aul Delaware nnd Hudson Distiller** tfocurltlee do preferred !!., General Fleetrlc ,,.... ntrnl , American Ice Securities, Isoulsvllle and Nashville elP,* Mexican m re. B Missouri Pi treasury also contributed to n better feeling Tork. Ontario nad Western.. In speculating circles. In tha main, how- * “ ever. It was the activity of the cliques and their professional following which was chiefly felt In the market. Rt. Paul stock reached n new high level for the current movement, but did not monopolism often formal announcement of the successful flo tation of tho Paris loan. At the same time the story that plans were oil foot for some — “ sit Ion of Pennsylvania h more and Ohio wns pcrsls culated, nnd this was given as the reason for tho unusual activity nnd struggle In Ilnltlmoro and Ohio shares. Further up- bidding of such Issues as Delaware and Hudson. Chicago and Northwestern, Great Northern and Northern Pacific furnished the other features of the morning. Tlr upward movement was checked In the gei oral list toward noon by s sudden upfut In the grain markets, wheat and corn both rising very sharply. The stock market almost without oxcep- tion showed galus at the opening nnd Ini provement In the first five minutes of bind ness. Colorado Foci started In l** higher. Great Northern preferred. Distiller's Be- entitles and American Locomotive gained ** - *—'— v *--*ivlUe 4. Ama)***- ind Colon Poei eotmnon up H. The market has shown Improvement since the opening and during tho first hour tunny sharp advances were made. Northwest roae to lx* 1 ; and Delaware and Hudson to 281: tialtimore nnd Ohio made nn ndvnnce of 1V4: New York Central rose 1*4 nnd Union Pacific. Heading nnd Pennsylvania made fair gains. Practically everything else traded In joined In nn upward move ment during the flrat hour. Governments unchanged. Other bonds stronger. ' STOCK 8ALE8. ..145.5flfi shares • .818.000 shares ..877,800 shares ..456.600 shores . .(C7.500 shares U J. ANDERSON A. CO.’S DAILY COTTON LETTER S’rw York. Juh, 11—A sirens LlrerpMl account. Hoatbcrn spot Btrnljr with ll/rht ollcrlnca, aian port, are again amall. Hama faar la aim express*! In regard to a July aqueeia In Naw Or leans, but tbc Mg bulla rlalai Ignorance of an/ nueb more. Tb* Prlea Intereata ara Bald to b, allll long of a large line of rotten and continue to express their belief In ronalderabl/ higher prices. The ad vance tndnr waa mostly ou weather con dition,, nnil we may hare aoma aetbark from these prim. Hherald tbla be tha caar we bellern cotton purcboacd on tb, recession will prove prufllnble. PIEDMONT BROKERAGE CO.'S OAILY MARKET'LETTER n the acreage of cotton nnd Irregularities n Ibe acrtrultnral departaxat at \Vasblag ton waa given aa the ranee of the adraae, abroad Inday. Liverpool eanie very much better than dne. a ad while the spot ealra there are atlU small, prleea shew a, harden ing tendency. Reports of droagbt In aoalh- eaatera Texas aad In portions of tbo cen tral gulf atatea are ah» worrylag the aborts, and priori hen, advanced from I R 0 *! 1 * J* Here that the long alile Is ftr mere prefer* abto. and we tlslaOt purchases made on tha weak spots will show proflts. HtorRe-Botter prices for the International shares from London this morning, and on opening Mr market abowad atreagth. M ” ■ tbo feature, which also extended „ Baltimore and Ohio and I'eansyl- ranta group. Frofroatonal operations wore ,*.,« nuM to these sperlaltleo. After aa ad* “reVf a imtoTInTt. 1‘sul and Baltimore >d Ohio a sharp reroasloa around tho mn hour. The weekly weather report Id tho adranr, la grata In Chicago was Iren as Ibe reason far attack on prices. COTTON SEED OIL MARKET. New York. Jnn, It—Tha market far cot- J'Ld Si waa .slat but rather beary. 2*7hr« ,# &.5E. w KeK n sv» dS-t "us, nolntlug flamand tor ilitrllmiw, affurt to tell Ike «W **rop flailverlea baa naturally iflil ronslderable effect on value*. Tk* mrkrt°at the cloae waa abNidy. with brier* lux-banged to He higher.—Ware A DUbJ. Opealuc Raage. J>we. July myirrilllll GOVERNMENT WEEKLY. REPORT ON WEATHER '• *■ ALABAMA BT. GIBERT & CLAY STOCKS “SIPS- COTTON. OH Ate*. rn*rve. PNOVlWONfl ATLANTA, OA. • coffee. eaoviflioNi MCMBCRli ExrhangeJNew Orleana Get tea IJTPnSvYM^^^AT^vHattoa fc Sia ses VA s , ?)a::l^tssi l fiis. A 3rungA IT:r • r- Wlraa »«• nil K*cha ^ cc *l and Long Distance Talephon# 5298. W. R. FAGAN, Manager. Prirate Wire to Glbart A Clay. Waablngton, June 11—Following la the weekly government report for conditions In the cotton belt: Arkansas (Little Bock)—The weather wiR generally fair, with abundant sunshine. Tbo forepart of the week waa moderately warm and the latter part very warm; the rainfall waa slightly above normal nnd was sufficient In the northern half of tho stnte. hut was much below averngo nnd Insuf ficient In the southern half. The last day was cool, dry nnd way. Alabama iMontgomeryi-IIIgh day tern K raturea prevailed, the maximum being i degrees at Selma on the 9th. Scattered aad la sufficient showers occurred during the early part ond latter part of the week. A if roof li or from t iro V tour ireeka* dura tlon prevails In scattered see!Ions. Georgia (Atlanta )-The weekly mean temperature was decidedly nbovt? normal and a maximum of above 1M degrees oc• curred ai Albany nnd Forsyth on tire itb. Rainfall was unevenly dlftrlbatsd. nml was below normal at moat stntlons. Rain wn» general on tha 4th nnd senttvred local showers occurred during the raft of the "Louisiana (New Orlcnnst-Thc week was vary warm and dry. and wbll- light scat- trend shower* occurred orcr limited areas, many localities are suffering sretanaty from ffst-jiarisa iiVdi hast. hBMncraaaad tha dry nans. Tbo tun ■hlue was above the normal. Mls.lwlppl tVicksburg!—The weather waa clear or partly cloudy with fresh south erly winds and uniformly high trmpara- inrea. Maximum temperatures gwierally In tha »«■* occurred throughout the 'reek lei- cal ahowera orrurrad oo the 4tb nnd 9th. The rainfall waa heavy In extreme south; laewhere It wss generally jIMlot^nt. NortibCarolliia fluislghb- Thunder storma Ith cot>1 showers p^urred throughout tho ■tata ^Soring thaweek. The precipitation waa about normal and waa fnlrly well dl*. Irlhute-I. Tha temperature waa nlwut 4 degree* shore tb* *•>* highest re. ported being » digraa* and tha lowcit 40 '"okUhoma and Indian Trrttory (Oklahoma! —Th* weak waa warm, partly cloudy and S * 'SouTh*Taro! mh la)—111 *h t e m P- r - ■ tarrei occurred an two days Although tb* ratnfalTwaaaxcaaalrA lajcldclr aapnratad iM-alltle*. th* average praclpiuuon waa ha- ,0 Taxae IQairaaton)—With th* exception of a few a-altered ahowera ”• „ ,b -_ ? lb -.* b ' week haa bean ahaormally dre «m> **rm. N'amarous CrTT , . , ‘'dM iJJ^Iy^h.^a,^ TSS5kS J «1^IWfflha tarn,. tha”«h t»* wo. Weather rondltlona war* gaaarally favor*, bl*. G.BERT 4 CLAY’S DAILY LETTER New Tort. Jnn* tt-C. D. Freeman A Co.. In I heir circular latter today, aay: "Tha market rondana# la a Mata of nn* ceriJr.tr due solely to the eoafnaloa In- SrtJd S It by the bureau at Ba.hlngton ini the wltfnl dlatortloo at fact* by-ear- lata anrealatore. Krarr *ttrranee from tha deportment »» ?*ej". l nn.ol‘to?*ir*Jbl by laeampeteaey and why th* caattanae to tw laHewed l,y th* crop e* tlmatlag hoard K la hard to andarauad. Aad whan M*****"* to make tha people bdlcv* that the tiepaiv- mcat'i faiastoaaa ara truths they shook] "Vf* , 7dhcre*to"our animate of MJM.0M Siu&2St rt.tV'iSg ^"‘oJf'fffiJl'In'nm n5j«rVTh r elr Etl's as is tmm tha southwest, and the generally de* flricut ntlafSII In other part* °t the Wt TTiCrondltin* might ha K!u 7 .K1SVA tor th* th*e bHag. bat while, t^re ta jew weather la mccomrr. Nntlonnl Lead...., Northern Pacific.. New York Central Norfolk and Western....... I'eimsrlvonla People’s Gas Pressed Htool Car da preferred Pacific Mali Heading Republic Steel Hock island do. preferred..} United States Rubber da prefcrreil Southern Pacific Southern Hallway da preferred SlonR-Sheffield Tennesseo Coal nnd Iron Texas nnd Pacific.. Union Pnrlfle United Htntes Steel...., da preferred Virgiiiln-Cnrollim Chemical da preferred Western Uolon Wabash do. preferred....... Wisconsin Central da preferred. % I 88' r-’S in-, in*, ii" 4 M I MH1 ti 1 * WWPiflpHl Mfl% m% 897 I N*T^ JO? M6U 69 ( M»j MH 58 MH 691* :-nS MS MH 4JH 43 43 I 3% 4J% ’ionI iflH *i9H iivi U1H 17WW lWt;! isfl»,j J7V, NOTES ON GRAIN Pointers on Provisions. WARE A LELAND’8 DAILY COTTON LETTER. New Orleans, Juno 12.—Cotton waa dull but steady today. Neither aide showed any fondness for Increasing Its commitments and the outside pub lic still held off. The talent paid more attention to weather conditions than If has ,,f lale, but little wns f. mini in tho reports coming In from the belt to speculate on. Texas Is trying hard to make up a good crop scare between too much rain In tho North, too little In tho South nnd the rnx'nges of the boll weevil generally, but thus far prices havo refused to respond. The next thing on the program will prob ably be hot winds, which generally cause the shorts to do some hard thinking. The weather map thla morn* lm? Indicated showers in the dry *dln* trtets and dry weatfter In the wet dis tricts of Texas, xvhlch caused tho bulla to direct their attention to tho threat* oned tropical storm In the eastern por tions of the belt. TIPS FLASHED From Wall StreoL Watting Valuable Materials. From Philadelphia North Atnrrlran. Those rope ends that the uresIdenUi. commissioners saw being chopped up for potted chicken nn* likely m inakn trouble for some of tho employees. They ought to have known better, with good Havana filler n<» high No wornlm beef trust haa been making only 2 per cent profit! Historic Restraint. From The Chlcngii Iternrd-lferflld. A Texas paper proudly •loclarea that 'Andrew Jackson never called a man i liar l»v telephone.” \\\> inlgh; odd that John Quincy Adams never used a pianola and that Aaron Burr never ran over anybody with an automo bile. Who Discovered Teddy 7 From The New York World. While a patriotic association char- lahes the Theodore Roosevelt house of birth, the Owego dwelling where Thom as C. Platt flrat asm the light goes to a stranger for 810. Trlvate Wire to Ware A Ireland. New York, Jane 12,—The Financial Bu reau any*: It la reported from good aourcei tbla fiiornlng that Standard Oil buying (• taking place In Amalfamatad Copper. Tha Flower contingent Is eald to bo bulllah upon this (ague. America n stocks In London steady at -ii'init purity. Loudou fortnightly settlement began to- dnv. It. turn of mom v from Sm rrimrUci makes position of bonks stronger than usual nt this time of tbo year. Home ih imind for 8t. Paul In tho loan crowd, but other stocks freely offered. Hubatantlal short line of ML Pool cov- Chicago eousldera the crop situation favor* able nu<l bullish on general market. Forty-three reads ror tho fourth week In May show aterngo gross Increaso 14.3) p«*r ceuL Boutbern Pacific expected to show very heavy decreases Jor the period Immediately following tho Frisco dlsnster. Ilocklng Valley directors expected to act on common nnd preferred dividends today. Twelve luduntriuls mlraorcd .89 per cent. Twenty aetlvo railroads advanced 1.84 por cent.—Dow, Join * A Co. Co.: "With tho governin'nt groin report develop to any great ex* wider pul tbla, bosMPHRHPHMHHi tent, and expect n rrmtliumnce of only such activity as may arise fro Bimini operations In apaclalUss.” Private Wire to Ware A Leland. Chicago, Jana 12.—Government report on wheat meant a crop of spring and winter wheat of about 700,000,008 lmshels. Thla cannot be called bullish. Would advise selling long wheat. InterOeean: Cash business In wheat In Chtrago yesterday waa 210,000 No. 1 at He over July in store. K.000 No. 3 sold late In the day for eastern shipment and 18,000 mixed lots. In nil 850.00). Males corn were 210,000 and oats 75*000. At the seaboard exporters sold 40,000 wheat and 60,000 oats Charters were tuade for 150,000 corn at lHc to lluffalo. ■ “C—tiaued flry weather last week In tha Union Pertfir w^eat territory caused fur* ther decline in the prospective yield and qusllty, dropping 10 per cent,” says the Midland BUrstor Company, of Kanaas City, In Its weekly report. "Boutbern Kansas and Oklahoma have a fine crop not materially under previous estimate*. Corn Is doing poorly owing to lack of moisture.” Harvesting of soft wheat In southern rill commence this week. A food Kansas will North Dakota 18, ten year overage 81; loss from May I points; loss in bushels 41 ’*>. Bpring wheat condition 93, 1 iwlnt below ten-year average; acreage lOftlgi “ * gafnaTjar over 1906. S Otta coaflltioa ||; loet from last year 7 ate am! 8 under I^year average. Acre- » dec resse«t 3*3.0-u bushels or 1.8 per cent ^Hjre condition A0, or same aa ten-year since June,''iM6. * Boring’ wheat condition la low«(| slues lftrf and nata are lowest ■Inc* 1FO. Condition of winter wheat and oats is hither and spring wheat lower than expected. Private Wire to Glbert * Clay. Chicago, June 12.—Heconl llerald: "The wheat ’market was more or lees under the Influence of the government report yes terday, although the figures were not an- ttoenred until too late to be digested by the trade. Tho popular disposition, how ever. was to curtail operations until the of- flclal crop status was known. The tone wns strong at the outset until Information an array of bullish news It developed ** heavier tone later, principally because of realising sales by lomm. Tho weather was better, northwest Pringle continued the campaign vlgiwotisly oil the buying side, but the market acted as though wheat tmught openly was Iwdng disposed of under cover. l«nko nnd Hcott were each working steadily for a decline. There was lltfls ex* cept professional Interest In the market. •Ttpeculatlou In corn wos mainly confined to urofcsalonsl circles. A portion of the •utslde trado was ranged ~ * and there warn continued moderate logs from the country. "There was n largo speculative trade In oats. In which tho nonprofcsslnnal trailer figures to a smaller extent than during the greater part of last week. Neverthe less there was quite an arcesstou of orders "-pm outsiders late In * ~ "Priee fluctuations ’S* of the troth* pro ne of the market ___ there was very little doing.” STOCKS REVIEWED BY NEW YORK SUN ho Ban says: "A dull frailrrs* nmrki-t, 1-in tlflpslli.it by tho i out prominently, und m «uuu |.*ir- w brntiMl Irregularly between atrength nn weaknesa, closing for the most part at of dealln. r,f tbo stock exchange. Tb« value. There Is no report was discounted. The expert Jam aaya the winter wheat Is too far ntlvnnooil now to suffer aerloua damage- While being bullish, wo would bo rnulIons today and hold to tho trading position, aem-rnlly speaking, but expecting specialty Imprvff* ment where technical position favors It. The susceptibility of the stork market to oversell, as evidenced yesterday, demon- *»,. . !t it. r.-i- ..r iiI.m.i i.tI .1. (**t ■ actions, but we understand that Itmldora * - •• i li.-lr * - .’K *' am f i til hI . not for the present permit Improvement ex cept specialty anil along Irregular lines."' ATLANTA NATIONAL BANK ATLANTA, OA. C. E. CURRIER, Pmldant. A. E. THORNTON, Vlc»*Pre,ld,nt. H. T. INMAN, Vlc»-Pr»ild«nt. GEO. R. DONOVAN, Caahl.r. JAMES S. FLOYD, A«i'l Cathl.r, Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. J HUBBARD BROS & CO., Km Atlanta Oflicea, 219-221 Century Building Mcmb.ra New York Cotton Exchange, New Or- leans Cotton Exchange, Liverpool Cotton Aaao« elation, Chicago Board of Trade, New York Cod fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence Invited. Phones 454. Long Distance 39. A. 8. Iluatace. Mgr. movement that made ItaHf fiuRPH tnnrknt In tho latter part of laat wci*k. tho reault of this l»*lug timt at the end or tho time nicntlniic-d dirllnos of three polots or more from the highest prices — * * Thursday were shown In many i . _______ Ire stork*. Ko large a fall as this lu huHi i relatively narrow market as evidently MUVUtlt oat orally Invited nrufit-taklng on he part of speculators for the decline jml olso Ini to some buying of stocks for tb* rise by habitual operators. All the goHidp of the day bearing upon the market centers upon the government's inoutbty crop report, which. It wss known, would bo jiublfshed nt 2 o’clock In the afternoon, and when this appeared tbo buying of stocks lnrres»*d. ns It almost Invariably docs on such occasions, based. In the first place, upon Qm theory that a deflnlts announcement of expected bad news means the end of Its unfavorable effect market wist; and second, upon a reaction In sentl FEELING EASIER IN WHEAT TODAY THE PIT CROWD WAS INCLIN- ED TO SELL Due to Lower Cables and Good Weather in the North west. By Private Leai.d Wire. rhlcago, Juno 1!.—Th.ro nr> ad. vanrM In all th. grain mark-t ->n ’chang.*—1-IOt-Sr for wheat, 1 l-:>» IS-Sc for corn, and 1-401-Jc for mu. Corn waa the trader In atronath r.nd activity. All th. cereals mrf.*r.*.| nm tat. on profit-taking by Inna*. Now wheat waa sold her. to arrtvo by Jut, It brought July prleea. It wai grown In lll.nota, nnd was purcim»i*d by Armour 4k Co. Primary rccelpta: Wheat. 271.oof buah.la and com 111,00" t.u.h.la against 211,000 and (.010,000. rot-pet*, lively, a year ago. Clearances war. SI.S9S barrel* flour, and no wheat, I7( bushels corn anil 1,400 bushels oats*. Cash transaction* at Chicago: Wheal 15,000 buah.la, com 15,000 bushels, oata 221,000 buahala. At the seaboard, two loads wheat, flv, loads com and 150,000 bushel, oata. Th. world’s avnllnbte supply of wheal decreased 5,200,000 bushel., corn In creased 387,000 huaheln and oata de creased 411,000 bushels for the week. CHICAGO GRAIN MARKET. Opes. High. Low. Close* --to t'n.h Wheat—No. t rod. .7-*,-4; No. 3. red M *i ■*' V* 1 I* 11 *1 u 11. - * * * . <i ** - V. lmrd winter, 7HIS3; No. 1 northern .r-rturf -f.'us-ti No 2 northern sprint;. 43'q'*; No 3 spring CHICAGO CAR LOTS. Todnr. Tomorrow. LIVERPOOL GRAIN MARKET. A Clay. THE LIVE STOCK MARKET. Or I’rtrato I aaaad Wire. Cbteago. Jon. 12. ll-ur* ttroainti to. 18. Martlet strong to sht qua Illy \ pta 2.500. Market steady; quality fair; heeres (4S<t«; rows It M 4.40; belfera hltMt ealre. 284r7; gond prime steer* It B; poor to tm-lluni tin 5.18: sterkef, aail feeder* I2 7:dft.70, miwp-Citlinated is.<-Market atrooi; NEW YORK COFFEE MARKET. Tha following table, gives tb* op*olog au4 rloalug iinoutlnus for roffes for future delivery today la N«w YorkH^ Wheat openeil H lower; 1:99 p. r lower; dread % to H low«r. Corn oponod unrbaogsd; I JO lower; cImm] H to h lower. NORTHWEST CARS. Following IiiUm nura tin* nor I Invent carl of grain (inlay, laat week outl laat year: f .it A f r,4iat Today. Weak. Year. Minneapolis tf> / 178. in Duluth 75 »* \<n Chicago 13 16 4 PRIMARY MOVEMENT. The following figure* give th* primary movement of grain: Wheat —He< el pi * 2H.VW) buahela, laat %vt»ek 184.600 liaakala. ngnlnat 72*.6m bimliela laat year. MhlpaoMts (May 376.noo l.tiahela, Hat u..k 371 ---» ImipIi.Ih, ngaloat 163.010 buabela laat year. I -rt. I(. - ■ 1,-’ « In I tv b !-: 0.^1 buahela, laat •*ek LMMflfl bafkfla sflilaat fl|A/<^ i.nah- •l- )”■*!'• ■ *> ••i"' • ' . t - ■ »-i«h- Ha, laat week 618.000 huabela, agilnit r.’.OOl ruenta today 49,000 I Northwestern Weather. IIIIqoU- <'ontlnu« -l fair ami root amt tomorrow, except threatening a | * * * r I' .it lllaaouri and Iowa—Fair and ca cool tonight -ami tomorrow. Wlereoain—Fair aad continued > night ami tomorrow; light front In n Ntoareot-i. Dekotao. .Nebraako. K Fair tonight aad tomorrow; not hang* la temperatures. Open. try E7::;;;;;;:::: tiT" Close. M84.79 6.75-6.60 January 1®!7. April T.ff) May 7.06-7,08 aM-7.06 June „ 1106.21 1184.36 July. ggb.~ : :: OctotMT 141144 AM4.5 Nornalwr I4UU AMAH IMmntwr.. 110(■ IS*4.44 Clorod it.aily, Tha common probltm, yours, mtna, er.ry on,'., la—not to fancy what wm fair In Ilf. Provld«d It could be—but, finding Aral What may b», then And how to make It fair Up lo our means; a vary different thing. • —Browning. a Robert Berrotl Brows!sg, ptlatro and ton of th<* r.muna father of th. seats .am., has mm charon praMent of ilo InwAg rottt.ro,at t. London. When h. was bron ford (iraarlllo la rrodltrol with luring ro- roartoo: -a third JaroroprakaaUhle has rotn- Into tb. wndd!" And Man Who Buya Cannon Crackers. I'r*':n T! '• I '..> 111 • I. *r.- ,S*iri A Kill rif*t Hi.* p.-ronnlii! Iii.iii-rnrksr let *.- nr i" v i ti.* , li.impp.n fool-klllsr. SOUTHERN EXCHANGE oideat Kltabllshrd Oftl.-S South. COTTOI XTOCKS - BOIOS 9MM Oround Floor Oould Building. Dally market letter .rol mark.t manual malM on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondsot's Capital $250,000 RCrCHCNCC. TMC NEAL BANK PHONE MIT. PaUOfNTIAl BLOC 1 vit l rrn. (Mat. _ goff. t otooor. r.„*r,„. MADDOX - RUCKER BANKING CO. CAPITAL ..... SURPLUS AND PROFITS $200,000.00 $300,000.00 ACCOUNT* INVITCO Wo sell the widely known nnd extensively used Circular Notes and Lettere of Credit of Tlion. Cook »k Son. * In Our Saving* Department we allow Intcreat at the Rate of 3 1-2 per cent Compounded Semi-Annually. Y*rk. New Orltssi. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Ns. 2 WsllSt.. t-n'4i*t. Utsats. Cs UtMBltS: Ntw fs>k €•"•* h(hi*i9 Ch.tM§« Bond ol Inis. Now Orlftat Colton ht*o* Ursrssol Cotio Boll Hoot 1242 i York. Ntw On . Ck cofo. Cs Into i to k Inkiogt. Now fork Ctlloo ftfkotfo. B C COrtfiAi. Non,tor. Stondord rkot PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floor Piedmont Hotel. ATOCKi, BONOi, CRAIN. PROVI»ION%. INVI4TMINTO, Fast Wire Service from New York, New Orleana, Chicago. CONRCUPONOrN V % m. «i. tAce a co. -ea broaoway, new york. tow H0JH kiiifd lo'ol o m d Lots fl»» Nhsss 13ft.