Newspaper Page Text
MARKETS
Edited by
JOSEPH B. LIVELY
Mr. Lively iinn edited Markets j'n Atlnnta ,ind the South for nioro tJiah twenty-
five years. Hts experience makes him the most reliablo market editor in the
South if not in the entire country.
ISELLING ACTIVE
AFTER OPENING
| DECEMBER WAS UNDER THE
GREATEST PRESSURE
New Crops Affected by Bear Pres-
sure and Outside
Selling.
• Irmwol rablra were considered favor-
I this tbla morn Ins. amt. while the opening
t, v,« York about aa due, there waa
■ a appoint Inclination among the trade
J? tale the selling aide; In fact. New Or-
VMM and ••mumleslmi hnu»ea were seller*,
rtier whlrb a decline net In, catching atop
laera on the war down. July during the
■aralnc tradll* was espectafty weak.
In the afternoon July strengthened nnd
^red n fair advance. the balance of the
fat armpnthlalng. the early decline being
inrr ibnn rocorered.
It Prlmto Leased Wire.
, York. June ll.-Tho undertone of the
h<al cotton ninrkrt at the outlet thin
* .... m I ,,xTi • atne.lw at lfli flpit netoM
tar pri^ture and outalda aelilnf, based ou
tie fntumble weather map.
SPOT CQTTON MARKET.
Nr* Orleans—E**y;llHe.
Liverpool—Qntjt, tokl.
inrtiMo—Steady. II S-lec.
a»rnnnah-8tendy, lOttc.
Wllinlugton-hnlet. lie.
Surfeit,—Quiet. II I-16c.
gt. I.onla—Quiet, 11 1-lflc.
NEWS AND GOSSIP
Of Uie Fleecy Staple.
Private YVIre to Wart & Lelsnd.
mluSL r 2£b ,,ne It-rColtoa opened wUP
fL w general from acrcral qnsrterx
New Orleans romnila.lon booaea and locaU
stop ortierg came oot on the decline,
or condltlona gooil In moat aectloue.
c> nothing to. bull cotton on, and
n lie sold on nny little ralllca.
•old.
think It cat
July eapecla
Liverpool-
tne.
opened steady * down
1 on late. At I2:U p. tn.
but strady. Sakta MOO.
*■ Futurra down I to I
RANGE IN NEW ORLEANS COTTON
Cotton futurea ranged as follow* at hew
Orlraaa today: Pterion.
Open. High. Low. Sals. Oort. Ciroe.
JS'y iiiloo iiija ii'-si iui ilm-m il«M6
■ . .10.60 10.71 10.W 10.71 10.7M7 10.JJ4}
:io:a ia'js i».a k* io.«"
BjM
10.3-10
iln-' 10.27 10.38 10.25 10.87 10.37-81 10.30-31
Jan.' .10.83 10.39 10.33 10.3$ 10.43-46 10.38
Jlch. Z a. 10.6346 40.4#
RANGE IN NEW YORK COTTON,
The following la tho raugo In chtton
future, in Now York todn f :
Open. High. Low. Bale. Ctoae. Close.
June .. ... 10.78-77 Ifttafll
July .10.62 10.60 10.87 10.6# 10.68-0 10.C-63
Alii. .10.13 10.69 10.42 10.69 10.U-N 10.46-46
8r[it .10.37 10.48 10.37 10.68 10.65-68 10.37-0
Ort. .10.36 10.61 10.29 10.61 10.60-61 10.0-14
.10.33 1 0.35 10.12 10.38
“ “ * 10.45
.10,38 10,45
.10.4- 10.48 —
.10.30 10.30 10.1
ia46
... 10.44-40
licit. .10.55 10.58 10.65 10.58 10.6558 10.5153
Closed firm.
LIVERPOOL COTTON MARKET.
m.—Buainw
with prie**
wiaier. MKiuunjr unianaa, o.ufld. Hairs, 8,*
000; Americiu, 7.20(5. Speculation nnd ex
port. HW. llacelpta, 1,000, oil American.
Future* opened qulet^nnd 8t, * Il,Ij j , , rnT j ollll
Banc*. Close. Close.
June 6.83-B.ll 5.81 1.13 _
Jnne.Tuly B.WdS.81 5.80 EOfM
July August ...... 5.MJ-5.W 6.8J g-gf-H
Aujj.-Sept. .a..... 5.72-5.74 5.71-5.72 6.744.75
Kept Oct 5.tS4.«| 5.61 M6
Oft ,Nov. ...a 5454.5® 6.55 B.J04.H
Nor.-hoc 5474.58 547 MO
lkv.-Jan B.5M.I7 147 Mg
Jan.-Kelt 5.53-5.W {.Gg MJ’f’S
IVfi.-Jfnrch rta... 5.5B-9.90 5.6J4.52
nosed quiet hut steady.
' TODAY'S PORT RECEIPTS. 4w
The following tnblw shows receipts at tba
Xtw Orleans ....
UllreRton *
ILl.ilc
Nrannnh
njnrlentou
Wilmington
Norfolk a
Baltimore
New York
WUnii
huindriphla ...........
Port Townsend
Total ,.|
s
7561
ally weak.
market.'" " McF ‘ d ‘ 1(;n aiding th.
sold MW July at 10.83 to
ci’n'r^^rriou.^'* 1 *«- d » 00 d -
Urerpool futures opened tteady 2 down
in near and 3 down on ‘ ' ‘
to 3 down. Quiet but
Ipota 3 down at 8.08. *
down.
C. u. Freeman. Vanderhoof selling. Dllly
Wallace and Korden buying.
Primfe Wife to Glhert A Clay.
hew York. Jnne 16.—The ma:„. „ ....
“Hr J 1 !? “«d*„r>°d buying to bold It.
flltrhell la aelUng the market, causing
easiness.
The Journal of Comm.rca aoya: "Nothing
fnrthor decelotied In the market of yew
terday allowing threatening weakneM. and
thMi; were fmno elements of atrength to
which attention waa called. The rerlaloo
of price* oo wide abeotlngs waa not fol-
'-weil generally, and will not be followed
ir some time by some “ -
Well known tlcketo tho „...
and do not rare to meat the recent reduc
tion: and. 00 the other band, there ora
some factors who say there will to- a gen
oral re.lalon within tea days" s
New Orleans, June 16.—Homo further oulel
buying of Jnly In progress, but If the
markel shows any tendency to weaken II
la more than likely that Mine aggrrsal.t
selling will take place owing, to excellent
Weather map, showing much needed ralna
In droughty lection..
The map this morning la excellent, show-
!M.rtn r ThS ysf,
dry, but cloudy, and tempernturaa through
out are lower.
Hears hare been cantloualy feeling tha
niarket and now are attacking prices, there
for Iho moment. Very
moderate buying pnt It up. front 11.06 to
11.11. The market rematna lnactfro with a
lack of speculative Intertit. Hputa ore un
changed on sales of aboot 200 holes. Btiyera
nre not muring about much and factors
have little cotton anread out on their table*.
. TJ 1 ,* Rtoek of cotton In New Orleans
la 51,929 bales, ngalnat 70,777 at this time
last year.
The amount of cotton on shipboard Is
&17I bole., against 62,677 U«t year.
Columhua. Oa.. wlrea: "Driving wind and
rain Tuesday nnd Tuesday night aald to
have done considerable damage thla section,
l’rtor to that time condition about os last
yeor."
WARE A LELAND’S
DAILY COTTON LETTER.
New York, Jnne 16.—After further liquida
tion and bear hammering during the early
trading, prices rallied ahnrply and aborts
seemed anxloal to get bark some of the
cotton sold ou yesterday's decline. This
was due to the continued dry weather In
the lower —' ——*
la lieglnn
moisture. Complaints, uvni.t., ua.e uu.
been numerous na yet. but It will not take
many days now of present weather condi
tions tn create more or less uneasiness over
the conditions of tho crop Iq Alabama, Lou
isiana, and southern Texas.
There waa a determined effort to break
the market early In the day, hut It did not
take mnch pressure lo farry October below
10.30. On the advance that followed later
In the day early buyers were aellers nnd
the aam* operators whose selling caused
the recent break sold agafa. At far a* the
niarket Is concerned, It Is • narrow affair,
but until lienrflclnl rains sre rerelvod In
the sections needing moisture prices are
not Uktly to work much lower.
SPOTS MORE ACTIVE
IN LIVERPOOL MARKET
TREND WAS LOWER
FROM THE START
OPENED IRREGULAR WITH
NUMEROUS DECLINES.
There Was Persistent Pressure in
Steel Common—Other Is
sues Sympathise.
RANGE OF NEW YORK STOCK MARKET!
tgP88fSC3r2=
American Sugar llelolog
Anaconda 77.
American Lomraotlva
oo preferred
erlcnn Sm
ilo preferrt_..
Atchison
do preferred...
By Private Leased Wire.
New Torlt, June 14.—The etock mar
ket opened Irregular with numerous
declines. Atchison and Amalgamated
lost 1-lc; American Locomotive, Union
Pacific, Missouri Paclllo and Steel
common l-8c. The Inst mentioned
started In with 6,000 shares at
Colorado Fuel lost 3-8c, Heading open
ed 3-8c lower, declined In nil 1 l-5c,
and recovered about half the loss. At
the end of five minutes trading, the
etock was 6-Sc net lower, on the
other hand, Baltimore and Ohio start
ed In 8-4c higher, and Canadian Pa
cific showed a gain of l-Ic. Brooklyn
Rapid Transit, Erie, at. Paul and
Pennsylvania unchanged.
The price movements In the first
hour were practically to lower levels.
There wee persistent pressure In Steel
common. Governments unchanged.
Other bonds firm.
STOCKS REVIEWED
BY NEW YORK SUN
FN«w York. Juno 14.—Tbo 8un *07*: "A
period ot almost complete Inertia In the
itork market ypsterdn? morning was fol
lowed I17 rather pronounced weakness In
prlcea In tho afternoon, lower quotations
being aa a rule made than have been record-
* “Ime since values touched their
early a week ago. There weroi
luo unfavorable developments either abroad
or at borne and the markets appeared to
loaf by reaaou of their own weight more
than by the operation of any other In-1
llluence. In the preliminary trading prices
at drat advanced but ooon fell again, and
than flactnated Irregularly within very nar-
" ‘ “ wWday. ' - ‘ -
r<«
enap thi
■ “irhapB.
_ should
have taken place when the news from the
agricultural districts was turning Jn a more
favorable direction/'—Olbort St Clay,
little singular t2at A ~thla~ neiiihg
* ’ ‘ ’ when the ,u*wh fn
WARE A LELAND’S
DAILY COFFEE LETTER
say a:
Oriaaa
ami little rain. Hhowera were pi
southern Tex*a. .»ir Orleans aud the
South eold and room traders hammered the
market at ovci
tlon wna paid . ... _
Htnten Island Hi n warehouse containing
at overy opportunity. Little atten-
a paid to reports of another fire at
Island In n warehouse containing
800 hales, one In Brooklyn and a big dre
at Baltimore* where j>os*lhlj some cotton
waa destroyed, llrports of ralne In (Icorgln
ranging from 2 to 7 Inches and rains In
. effect, nor were reports of
Insect damage In Texas a factor In the
making of quotations. It was a day of
“ uldstlon sad hammering. The spot mar-
t la more.active In Mverpool, however.
:er a lull of late. The short Interest at
» South Is considered large. In the opln<
INTERIOR MOVEMENT.
Houston ..
Asgusts ...
Msoinhls ..
8t. Lmls
kloclnuatl
Total
v ESTIMATED RECEIPTS.
N.w Orleans expects 600 to 700 bales,
jejaxt 1.120 actual laat yaar: Oalveaten,
LOI to 3,500, aanlnst 1,54* aetual 1*;« year:
Rotuton. 1,300 In 1,800, against 2,206 actual
tut year.
COTTON 8EED OIL MARKET.
j HI IHC CHM1HK pnen Ul lurm
Both buyers and aellera were awaiting
Jrionmenta. with the local feeling atilt
Jeartsb. There waa no evidence *»f aupport
wrong lard market'. Prices at the close
. w *re He lower to Uc higher.—Ware k Le-i
Jnne
July #••••••••*••
f^ptember
October
Narrmhcr
burexu, uya _ T _
pt«cat. nmt Mtlmatcs that hta depart meat
Tree will Issue between 2M*» a»d
5 -«0 pa reports.
k,n«tors Tttlraan, Elkina ami Cnllom, the
' coofereea on the rate MU. hail a
“feting to dlwrasa procedure and all that.
' •uraeri." said Tlllwaa. "that • dlafn-
wratrf bystander be appointed to search
M tor gsaa"
'»ld Dolllver yawning and
•twtrhlag over toward the CalltonJt acw-
fee going to »p-nk tomorrow.
KLV T 2! r .~''hy. no; !
art?” "Wnll Wtevrvn
*»h nr "Well. Kar.'
•*8 make i
1 .parks Qy."
Inn of aom», I'rtee Intereata are abort o
July, and Hoadley people are the prlncfpa
bulla here. Thla fa largely conjectural.—
Ullicrt A Clay.
Itlnnaharc
opal acntlmrnt baa.
New crop long, are tired oot. New crop
weather fa too good for them. Tree, drouth
Is liothering planters In aoma Tern* arc-
tlona, and thla for tho moment cbecka aell-
rarrent parity. Tha talent la bagfiralnf to
wonder why a diminishing proportion of
the annual yield en route to the consul
passed through New Orleans, where
best contract on eayth I. to be bad. aad
It la not anUhaly that *a afflclal lavestlga-
tbm may lie naked for. .Freight retro,
middlemen'* connalaslona. tha Increase lu
tha afirttmt of direct buxines* dona with
the Interior, the fact that many Interior
buyer* now have foreign cooneetloM and
have become exporter, on their own ac
count. and the active aaalatance rendered
Texas porta by the railroad commtaatou of
that state, are subjects which local cotton
men- think should nc treked Into and la
st dlsenaslosii Jo that a
w^ntajj. Unglbl. In the
t near fntnre.—
men- think aboald
formal
lead t
War*
THE DRY GOODS MARKET.
B L I w l 'v<>rk. , 'jumr lh—The dry goods mar-
ni TJrerSSd'la'Too'^lsl«‘imhrb- malllns
In krovy'driUa^Vwl Throrings •nd'K'SrtSt
Cloths. The demand for rilk* Is eoalnad to
wide fanele. and Main goods for tha eat-
ting-op trade. Jobber, hare beet hating
» fair wash.
THE LIVE STOCK MARKET.
WrW.-t: E.t,mated ro-
celnts t-lxy. 28."*\ Market alow aad 5c
toJS?. SKity fair. Left ov.r. 8.8H Em
tlia*tr.| f« tomorrow, .«.«»■ .jlnjk. )| W^
lam. 86.18C5.25; stock era
GIBERT A CLAY
'• t ALAttAMA AT.
STOCKS aONOS.
cotton, vjmAiee.
corree. iswovidiore*
M CMBcwat
ATLANTA. OA.
Tort stock ltich.nf*'New Oriron. Cotton gT'S'SJT'AlSrilth
skis: fift
* Wire*
Lost! and Long Diatanca Ttf«pHon«
sin! w'. R. FAGAN, Maitajerv
New York. June 14.—The coffee market
Opened atrody and unchanged to on ad
vance of 6 polntg on a little local support,
whllo Europe waa a moderate aollor. Trad
ing was very quiet, nnd the total business
to mid-day waa not over 13,600 bugs, while
prices remained on nhnut the Initial level.
The Kurnpenti markets made rather a stead
ier shotting than expected, Havre being >4
franc and Hamburg pfennig Idtror. Bm-
xlllan new. was without fresh feature be-
yond the fact that the weather ha. cleared
np and three district, reported line condi
tion*. whlla two were cloodr. Illo waa .6
rola lower, but the rata of flraxlllan ex
change gained nlmnt 1-32 pence and,re-
eelpt*. whllo running n little ox-er Inst
year's figure* at the ports, are falling abort
of the figure* required to mnterinllxe the
Krlaebe rotlniate. Ilecrlpta ao far for Iho
season show an Increase of about 212.000
hags over the figures for the correspond
ing time last year. The total Ilrnxlllnn
crop recelrcd no far hna hern 9,971.ouo hngs,
against lOJrt.OOO tiro pan ago, and
last season. New York warehouse deliver
les yesterday were 15,611 bags, against 16,.
155 last year. ,
The following table givea'the opening
and do.lng quotation, tor coffea for future
delivery tudny In Now York'
January
SK7::::::::::::
tSS-::::::::
ilfc
Avgust *■ 18-6.28
SffiSS*-:. tfk»
Korember 5-4®
December 540
Closed easy.
AmericanH.'otton OH......**| #
Bnltluioro abd Ohio.
Brooklyn Bapld Trauslt
Canadtan rnritic
Chicago and Northwestern...,,...
cht hhj.r jjkf and ohfo a*........•*••••*••••
Colorndu Fuel nnd Iron..........
Centrar leather. *
<,kJcago and Groat Western
J hJcjtffo, Milwaukee nnd Kt Paul......
IsouIhvIiic and Nashville..
Mexican central
Mlooourl l’aelflc...
New Y.^rk, Ontario and Western
National Lend
Northern Pacific...;
.New York Central
Norfolk and Western..
PennsjIrani*
People’s Gas
Pressed Steel Gar
Pnrffle MaB
ltepubln* Steel
ltock Linn.I
do. preferred
Ubltotl States Kubher..
„ do. preferred
Southern Pacific
S->uthorn Bstlway
... do. preferred
Slosa-fiheffleld
Tennessee Coni nnd Iron
Texas nnd Pacific..............
Ualott lhtdfle...,
United State* Steel...
do. preferred............
Virginia-Carolina Chemical.......
Western Union...
Wabash
do. preferred.
»eoisln Central
do. preferred
NOTES ON GRAIN
Pointers on Prorlilona.
Frlrito Wire to Glbcrt & Clay.
Chicago, June 14.—Crop comlltlona In
Iowa, which have been consblrred the lirot,
ere Irregular. The first of tho crop shows
the corn acreage Is 9,443,909 acres, or 168,M0
•eves more than last year. The wheat are*
Is ttuoo acre* Iroa tlian last yaar. For the
week rluting June 1 the lew* crop report
•aya: The dally average rentpevahire ef
the xvrek was 6 d.-grrea above the normal.
Tho rainfall waa nuequally ■Hetrilmted, be
ing defirtent In about three-quartera of the
slate aud.much In excraa of unrmal In twr-
tloua of the northwest aud south central
dtatrirte. The rnmUttOM an: Corn 98,
wheat M, oats 98.
Price Current aaya: Coot wenther check
ing progress of corn somewhat, but eland
generally good and actual Injury not Indi
cated. aten delaying the ripening of wluter
wheat, which otherwise Is melutaln'
ng re-
•taka-
160,6110,
i uirago
■by
yroterday. The start waa strong and
er under the Infliieiu-e of a abarii ad
's In the Uver|M>ot market, wklen. In
. wek Influenced by Itueslau cables
Iritng rain came too late to help win-
•Id
TIPS FLASHED
From Wall Street
Prtrate Wire to Ware A Inland.
New York, June 14.—Bank rate unchanged.
Baltimore and Ohio aud Beading up \
Uoa. although there are fndmttlona that
nurchaiws can bo made a little lower dawn.
Whatever llnanrlng Is nut through by Kt.
Paul will be largely within Its own crowd
for there will lie valuable right*. Any
’urther weakness developing In steels mty
ead up to bear drives on the active atocka,
mt on recessionm look for strong support.
Under 18 would consider Chicago Great
Western common favorably for a lum and
would nlso tnkc on Loulsvlllo nnd Nashville.
Konthcrn Hallway. Denver and other Gould
Issue* when weak, not overlooking Katy
uml Brie.
Further contraction In business Is to ho
rpfetsd. Bollovo, however, standard rail*
_ ma stocks can bo bought on recessions.
Hear that coalers should lie bought; that
they will lead In point on activity.
nummary' yesterday's stork market by
I»ow, Jones Sc Co.t American stocks In
Aindon Irregular v "*
iAltlmore and OHIO.
with some, strength In
OIBERT 4 CLAY’S DAILY
MARKET LETTER
Chicago. June It—Wheat—The market to
day haa lieen extremely nervous, fluctuating
Irregularly over a wMc rang.-
undertone ttmwcliuut quite ensy.
There waa quite a din early, due to further
liquidation, but on llhernl support d.vel-
nned, the do-IIno was cfeacked nnd the mar
ket scored a rapid recovery of about a
cent * basket, when profit-taking again
caused a fair receaaton. The news from
both tho northwrot and aouthwwt Midp
7 rold crop eondt-
that govenunsot
would show a large Inrrease In wheat acre
age and almrot perfect rendition.. Alio
that wheat wnld be heading about fifteen
sye, and that Moaltobe sad territories
ould prodnea thla year 120/<ri,») bushel..
Hatlaf.ctory barveetfug results continue to
nsturally Fstor .the hjbs. be. e tooths ,f
~gular
nl.oii t
••nrly
■mmvmmI
Iforced price* off abwt Hr. I|
the local short* •*W -
rllne tkay found a derided absence of of-1
■■ngs- while we appreciate the fact that
n is a tittle backward, we at the eame
blot* believe that the reerot advance fully
definite opinio* as to ultimata outcomo uf
Ct< New York. June 14.—Th* market
displayed fuOher evidence of pressure
today; but apart from some steadiness
In tha Pennsylvania group, led by Bal
timore and Ohio and seme support, to
Missouri Pacific, the Hat appeared more
vulnerable to attack then responsive
to rapport. The weakness appeared
In Reading and the coppers, though the
coalers were all under pressure and
' proportionately In the selling.
I ,t quite sure that the general
trend of the market will preserve a
downward course In the near fnture.
: crop a.
yciir.
1.1 ght tlHiunnil for *torkn In loan rrowil.
Grand Trunk l’aclnc will offor 116,000,001)
new debenture stock In London nn«J l*arts.
Trade authorities consider firuinoss in
copper market assured for somo mouths to
come.
Secretary Bhniv strengthening position of
unnop4*4 de
» expecting to five h*Ip *
crop i
show nrerage gross inerooio 1443 per rent.
Twelve Industrials declined .47 per cont.
Twenty actlvo railroads declined .86 per
cent.
Private Wire to Glhert & Cla:
by the price movement lo these Issues It
uiii.liaraly ahtrar an tdvsncl
JMInls sold 5,000
Steel common.
I *1
but
i»se Issues
tendency."
ntted Hints
for a while,
- market looks professional and
bears may put It lower temporarily.
i: , r. «. ninth.'H ..f lilt, iiptnuu . m-ymI nr.-
still by no means unanimous In their opin
ions regarding tlm Immediate future of the
market. Th** majority of them, however,
do not see much In It.
tv imura iipiv iiii- in BptTiiiiiiion,
ileellnn In prices ycsiorilny wo* emnei
(llroonccrtlng to the bull following,
though HI."-' - I Judge, b.-ll.-v i),
—lalderabla rally will take placu today,
'n la r~‘ “■ -
STOCK BALE8.
It a. shores
13 noon shores
1 p. i, .. ,.932,700 slisrcs
2 p. tn.. .. shares
Total l|19C,30u shares
"Croat news!" cried Jack, excitedly.
"What la It?” naked trig Cousin May.
Tm going to marry Veru Knyl"
"Pshaw! that's not nawsl Hhe naked
mo a month ago If I'd be her brides
maid.”—Milwaukee Sentinel.
Jones—Yes, I Intended to buy that
•horo hotel, but I went down there
and stayed a week to look It over,
■ad—
Smith—Yea?
Judge.
"By George, but I've got a Jewel of
a girl. I proposed by wire and told
her to answer at my expense."
"Welir
“And the frugal llltla thing walled,
* - m. nnd got night rate*.”—
Private wire to Olbart & Clav. until 6 p. m. nnd got nig
New York, June 16.— Daniel Odell A Co.: Louisville Courier- l.uirnul
"Continued unsettlrmeut and Irregularity -emisvuie courier journal.
either side, until uncertainty now promi
nent shall have been ellmlnaied.”
Marshall Hpader It Co.: ’"7110 market may
be deacrtlied at discontinued, nnd tho price
movein.nl reflect* this sentiment more
ism.lv thsn any other. The trading In
Brooklyn Itapld Transit. Heading.
B Pselflc and tb. (Urals sggretsted
306,600 share* of the total yesbreday, which
summe.1 up approximately 550,010 iharrs.
If the trend of the market la to be decided
‘T've got to practice on the piano llv.
hours a day," aold tho dlaronxolato small
gift
vnit iorr
"’hbOTta." —Wtshloiton* Htar.'
1 claims lie licked
"Ub, tho bosstah!*' oxcItlmM Gusslo.
* ewavat dreadfully,
avo seen bis collab.— PbU*
HAVEYOUANYMONEY AHEAD?
Is It Invested where It li perfectly safe?
Is It available now If FORTUNE should knock at
your door?
Prepare yourself to take advantage of opportunity
by Investing your savings In thla bank, whore they
will earn 3% per cent COMPOUND INTEREST, be pep
fectly safe and availablo practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL
$500,000.00
Asa Q. Candler, PreiidtnL
W. H. Pattarson. Vlea-Praaldant. A. P. Colas, Cashiar.
John 8. Owana, Vice-Praaidant. Wm. D. Owana, Aaat. Cashier.
tsVIng by
Vet J.-St
higher
turn, was Infiiivucvd tiy Itusslau c
reporting rain cane too late to helpmSS
Iter whaat In Inpertaat districts. This
news was ret a furred by more reporte of
dry weather damage tn winter wheel In
northern Kansas nnd aoutkern Nebraska.
Texts reportwl the new whrot thrrshlug
out It tn a bushels to the acre. Very
smell roles of rash corn by farmer* nnd
Icountry elevators despite the high Md*
•eat out from thla market Tuentlay night
treated a widespread bullish sentiment
irorly. This was emphasised some by the
REPORTS ON CROP
• nil put a large
New York exporters. I.s,
advantage of strong spurt
quantity of corn 011 sole. 1
ed a larger relative nlvsncHMP
grain na the list, and they were batter
maintained. The market was rather Irreau-
lar, with July stronger than any other
month. The near future was helped hyi
the big cash, trade here and northwest and
by more dry weether claims from tha
weat. The short Interest In July oats Is
large and mainly to cnah Intereata. Pro.
visions traders did vary little linslneea. Ting
I market waa rosier. There was a hla run ol
hogs West. Meat and lard shipments were
•gain very muqtaroA|g^rotaroiMH||adtaro
tterlod lest year.
b
is ... ,
Illinois and Missouri krep
sssiug us 01 “ibis on new wheat. On f
or an axtra poor demand for old wheat
ls likely <n make n w eak im ' ' " '
kets for nil cereals have bci
n great extent, which mnk
fur longs unless we have
conditions than now exist. ■
Porn, which la generally admitted to bare
pne Into the ground under favorable reu
nions, haa a good aiaud and Is clean. No
damags.aa yet. with favorable conditions
on we ought fo get a tremendous
Calb business In wheat yeatarday aggre
gated 135,000 Imshela, Including 50,000 No. 3
hnnl at 214 tinder July nnd Heptemher nnd
40,900 No. 1 nnrtlirrn at HOHc nrer Jnly.
‘ “ “ ' “ are lu '
and aouthern low* re-
ilf ero^and corn worn
ban In ury season of
000.** hasheti from 3,000,000 acres,
•re 10 to 16 bushels par acre aud
gam!.
DEMAND FOR CASH GRAIN
WAS POOR.
Opened Steady to Unchanged.
Northwest and Fit Crowd
Were Selling.
. — _ —owing absence ol
tun* in Kansas sn<t NHirn»kfi. is
wholi* not unfsvoraMft to wln*nf. I
loilS
. -ban fx|58»rtPiir BhiIb
for tbi* first tluit lu atvvrni .itm wh.tw.^i
n i1Is|hhiItlmi to tska profits nbtirdtt,
«sifo 'LTCf^uW/S^p”;:;;'
on weak spots, It will require contlderable
money end muscle. In oar oplnbm. to pre-
rent farther- decline.
Wheat traders were all at sen at the
opening. There was aouie 1 , ,..|iti,g
by rciumlutnu houses and buying br 1
couple nr short*. Trade has I- - nunli.
The little Itrenath shows In coars- m.iins
after the opening earned a reaction lu Hie
wheat. Whrot dure not act very Orm. uud
any further aelUng will cause sharp berets.
The coru market was lower .m mine In
tows and Missouri and down through lin
nets. and the liberal Inerroee In country ..r-
ferings ever night. Bids of two d.v- ugn
now taking effect, particularly In ilcw of
the subsequent drclluro. t'nsb and clcxntur
Interests geui-rally selling.
Provisions easier on Increased hog time-
meat auil lower prtcro at yards. There
was a llllle commission hnuso sellli
the op.-[ilng, but packer, had
onlera Just under market, rile
are lung, hut material advance Is not looked
fur while hogs are coming ,o freely.
CHICAGO GRAIN MARKET.
ssai
High. Lew. Close.
m
r
mjt m 1
& : Sg
SP 4
*%
a?
POttlk-
July. .16.75 16.76 11.79 11.7%
Meut. ,16.67* 16.621k 1I.57H, 19.60
Julto"?^!! 1.8% 8.75 8.7714
Kept. . 8.9% 8.97vk 6.934k 5.95
«
CHICAGO CAR LOTS.
Whi**t ,
Corn .<
Oftfi »»i
Hug* ..
LIVERPOOL GRAIN MARKET.
Wbvot opvovrl U
Inner; rimed \k to |oi
Corn opened Vi lower;
dosed % to H lower.
Inwrr; 1:10
lower.
40 p. in..
% lo
A Mlnnenpnjj* nilllrr bss * fable SSklDf
lo cttucvl flour sold on * basis of wheat 4c
Hi< njn-f.
Ramplo beads of new ripened wheat from
[Floyd, Mo, fifty milt* e**t of Kansas
City, woro shown on the board ber* ye«t*r-[
day. Tbe wheat was rut Monday. Head*
were short but wall fi!l*d. and yields there
» ■« estimated 18 to SO buslieta per orr*.
n ralna hnve fallen at Floyd In a*ven
months, and rorn Is bains replanted.-
Kare It LeUnd.
"Huh! What do yon know about war?
Did you ever hurl yourerlf Into the ‘Im
minent, deadly breach,* or ‘soek tb* bubble
reputation, even In th# rannun'a mouth;' "
''Well, no; not exactly. Not to any
noticeable extent. But I have taken, borne
unexpectedly company to dinner.^"—Pack.
Junior Clerk—Young Jenkins, our Invoice
* the cheoktest liefgar ev
lie wm* a quarter of an
it fn tliN mornfny, and «
1 op his wateh as a
know: bat Jenklna merely said: “Whnt a
leautlful watch, air; I wish I had ooe like
t/'-mray Storieo.*
iffered to sell klMof fn tha
basar for the relief food."
n"I>*d *ke sell anyr*
"No. They tol«I her afterward ber price
Us too blah."
••What did she ebarget”
"Why, ehe finally bromrbt the prlee down
f tbreo for a nickel;"-Cleveland 1‘lalo
N0RTHWE8T CARS.
l ■ in,' I |M’- «I\.-H tin* I...I il.'.v.-wf cnr«
ot grain today, laat week aud lni«r year:
Last I.list
Today. Week. Yrnr.
14". 10» Ki
Duluth 18 1* H
Chicago ? 6 •
PRIMARY MOVEMENT,
The following figure* show the primary
movement of wheat sad corn:
Wheat—necelnt* today, ~7.mo Imuhef*.
agalnat 241.000 boshele lest year. Hhlpment*
today. 221,000 boshele, against :ll\ooo i.imh-
el* lilt veer.
Corn—Receipts today, 153,000 boshela.
against 4&4.00U lni«hels last year. HIiIihihmii*
toflny, 7*6,000 bushels, aanlnst 450,000 bimbele
SOUTHERN EXCHANGE
Oldest Established Office Bouth.
COTTON STOCKS BONOS MAIN
Ground Floor Oould Building. Dolly
market letter and market manual
mulled on application.
L.J. ANDERSON & CO
Bankers and Brokers,
COTTOH, STOCKS, BRAIN
Corrisponhiil's Capital $250,000
RimiNCC. THE NKAL *ANH
PHONE 1417. P.UDEHTIAL M.OO
lough
iln Imi
U Ik quit* probable th*t eer-
iue* may have * farther decline
from • pectal causes. The weeJmee* of
copper metal In London may be-only
temporary, but the decline ha* given
ground for belief that *n artificial
market ha* extated recently, and th:*
may he followed by dullneea In tble
braneb of the trade. Meantime thla
stock haa become an important mar-
ket leader, and seem* to be tinier
pressure from Irulde *ource». The
general trend of the market will per-
bapa be regulated for the re»t of the
week by tbe price movement In Bead
ing. St. Paul, copper and the steel
■hare*, and these stock* appear lo
tack rapt>ort at this time. Other Influ
ence* will hardly be regarded at this
Juncture.
ATLANTA NATIONAL BANK
ATLANTA, CA.
C. E. CURRIER, PreeldenL A. E. THORNTON, VIee-Preeldent.
H. T. INMAN, VIoe-FrealdenL GEO. R, DONOVAN, Caehler.
JAMES 8. FLOYD, A**'t Cashier.
Capital $500,000.0®
Surplus and Undivided Profits $50®,04®.0®
We Solicit Your Patronage.
HUBBARD BROS & CO., £n
Atlanta Offices, 219-221 Century Building.
Member* New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Board of Trad., New York Cof-
fe<- Exchange-, New York Produce Exchange.
Buslnew solicited for the above exchange*.
Direct wire service. Correspondence Invited.
Phone* 4M, Long Distance 39. A.S. Huatace. Mgr.
WM. L red- PresMrot.
ItOBT. r. MADDOX, nee-Proa
THO*. J. PKBPI.EK. C.'asbler.
J 6S i. I ft, It, A -, • IM.Id-r.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . . . $500,000.00
ACCOUNT® INVITCO
We Invite accounta of Individuals, corporations, banks
and bankers and offer the best terms consistent with
conservative banking.
In our Saving* Department we allow Interest at the Rate of 31-2 per
cent. Compounded Semi-Annually.
COTTON^ ftAEN, ^RO^IS^FsHrOt^K^HONDS,
Na. 2 Wall SL, Palau BaiUlag. Atiaata. 0a.
HIMBIKS:
Maw Park Callaa taihaaga.
Naw 0/laaaa Callaa tathaaga.
Uttreael Callaa Ataaalatiaa.
nliala Wlfti la Nam Yaik. Naw Orlaaai. Chicajo.
Nall Pkaaa M2.
Chittqo BaarS at Traia,
PIEDMONT BROKERAGE CO.,
(Incorporfttad.) Baaamant Floor Piadmont Hotftle
STOCK®, ftOMOI. GRAIN. PKOVItlON®. IMVI®TMKNT®,
Faat Wlra Sarvica from New York, N*w OrJ#»na. Chicago.
coaacaPONOCMi
M. d. SACK A CO . 4ft BROADWAY, NEW YORK.
fOIV. MOT ft. Waaagtr L»<a' •** Laaj Ontaata
mi*a