The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 16, 1906, Image 11

Below is the OCR text representation for this newspapers page.

: THE ATLANTA GEORGIAN. ■ATCRUAT, JT7NB M. MMt I OPENED STEADY I ON FIRM CABLES WEEK-END FIGURES WERE VERY BULLISH. Weather Map Was Poor—Room Shorts Covered—Closing Mar ket Was Higher. HIGHER PRICES RULED JN_CEREALS SHORTS RUN TO COVER IN CORN AND OATS. . Sowing n firm undertone, octohvr and December options were freely boocbt. which resulted lu covering and a kSlrr close. • „ . ... . week-end figures were very bullish, ■fw New York Commercial of yesterdny tiiparently worried ns to the where' Shouts of Theodore Trice. It says: •vti jj flN been somo time since Theodore Price bus favored the market with an Hen. f it, |s generally renuted to be a billionaire tO UII | when It comes t aeas. nnd the whole i [is* liotitng that he Is not going to lirco'iif KtIUgy with them. Mr. Trice sends out the following "Idea" ^•SerlouslT, the cotton situation norer veunMl to me as unyieldingly bullish nt at nrewnt. It Ih my belief that however Isrj Iks crop, It will not sell below 10c a poutx At that price. I shall not be surprised to spinners* takings 12.500,000 bales In 1907. If the crop Is that large, and If It should t* much smaller, I venture the prediction SPOT COTTON MARKET. Atltata-Kasy. He. N<*w York—Quiet. 11.20. Sfw Orleans—Quiet. 11 1-1 IJrnrlHMl-MtMdJT, «.0M. Sar.iminh—Htendy, 10%c. RANGE IN NEW YORK COTTON. The following Is the range In cotton fiturra In New York tony: Open. } nno .10.OH _ loir .10.58 10. _ __ ■■ ■ mm ■ An*. .10.60 10.62 10.47 10.61 10.50-61 10.45-48 *>pt .10.45 1 0.45 10.40 10.4:: 10.46 48 10.38-4J Ocf. .10.3* 10.42 10.36 10.41 10.4-0-41 10.34-35 10.41 10.62 10.47 10.51 10.50 51 10.43-44 Fsh 10.60-52 10.44-48 JI cl ' 10.50-60 10.51-53 RANGE IN NEW ORLE£N8 COTTON rotten futures ranged os follow* at New Orleans today: The Day and the Week Ended in Favor of the Bulla. Chicago, June 16.—Higher prices ruled In all the grain markets on 'change, net gains being shown of 4c In wheat and In corn, ‘HffTfcc In oats and 5fc40c lu hog products. Many shorts were run to cover In nnd oats and the day ns well ns the week ended in favor of the bulls while the world’s shipments of wheat for the week are estimated nt only 9,230.000 bushels and a decrease In the nmouut of brendstufTs on nnsssge Is looked for. There was a break lHc at Paris and Kerlln lost He and Liver- nool was the smallest fraction better. The KnglUli visible supply Increased tO*. conditions conflicted with the llroomhnfr cnbles. nnd the trade made up its mind that lone of them was Incorrect. I Primary wheat receipts for the day 279.000 bushels nnd corn 779.000 bushels compared [ with 224,000 and 874,000 bushels respectively 000 bushels wheat, 219,000 corn and 21,1 oats. Pash business was reitrlcted by the ad vance In cereals. CHICAGO GRAIN MARKET. The Chicago grain market rang*] as fol lows today: Prev. High. Low. Com. close. June July. .11.18 11.18 )1.G$ An*. .10.70 10.70 10.65 11.00 11.02 11.0849 11.10-lt fc|»t .10.45 10.46 10.45 10.8S „_ „ „ .10.30 10.21 10.19 19.22 19.21-22 10.27-28 ..... 10.33-35 10.29-41 I hi'. .M.38 10.33 10.23 10.86 10.25-26 10.21-22 MHH.i0.87 10.43 10.40 10.49 10.40-41 10.I7-3S Felt 10.42-45 Hell. .10,54 10.54 10.54 10.51 10.6344 10.4941 Closed quiet. LIVERPOOL COTTON MARKET. Liverpool, June 16.-12:15 p. ra.—Demand for snot cotton fair, with prices steady. Middling uplands, 8.03d. Hales, 8.000: Atner- knn. 7.100. Hprculntlon nnd export, 1,000. Receipts, 7,100. Future* opened steady. Opening Kange. cioro. R.R14.33 5.R3 5.73-5,74 6.74 6.874.68 G.W 6.624.60 D.60 6.614.69 ...59 6.61 -.59 6.59 5.814.60 6.60 5.61 5.61 June June Jnly . Jnly-Augnit Auu. SepL. . Kept.-Get, . Nor Not.-Doc IN*.-.Inn. Jin. Teb. Ffh.-Msrch .... i’IommJ steady. Previous Close. R.834.84 6.83 6.824.82 6.74 6.664.67 tpi 1.694.21 2.614.21 6.624.63 P H Jnly~. .17.00 17.0714 17.00 17.974 16.07)4 LAHili 72 ’ 4 W W "•*”» JhIjn . 8.874 8.824 8.8714 1.00 t.SS Hopt. . 0.00 0.10 0,00 0.07)4 0.00 »•» July. . 0.65 Sept. . 0.KH 0.65 0,47)4 0.50 0.65)4 0.60 8.814 0.07(4 9.824 9.17(4 0.15 9.17(4 9.124 CHICAGO CAR LOTS. Wheat (lorn .. Out, ... llog, .. Today. Tomorrow. LIVERPOOL GRAIN MARKET. PRIMARY MOVEMENT. TODAY'S PORT RECEIPTS. The following tnhlw shows receipts nt tbs torts today, compared with the same day kit year: Xfa Orleans.. Oalreaton Kltllo flavannnh .... rjhrtenton Wilmington ... Korfolk 8slMni4.ro .... New York..,., Illladelphfc* I! Total SI =53 INTERIOR MOVEMENT. I-oula nui'lnnatl Total ■ W. v ESTIMATED RECEIPTS. Xew Orleans expacta 809 to 1,300 •pdrist 3,031 actual Isst yenr; flab ■'*' to 2,<W0. agalnat 2,021 actual laal ESTIMATED RECEIPT8. K ) I tales, Iveston, »” «'»v. ■ninn i.va iciim last year: lloimtnn. 1,000 to 1,200, agaluat 2,447 actual **»t year. COTTON 8EED OIL MARKET. Opening. Close. JWmlier .*.*,*. b^'-iulter . , , , "'«***.• 1 steady. NEW YORK COFFEE MARKET. ■7. . following tabfa. gives the owning «jj closing quotation* for coffee for future fchvery today la Now York* Ope*. 6..VM5.8 Jnuary.. . Jhrnsry.. 6.664.80 6.704.75 6.724.10 6.19499 409482 6.10416 . .. .. 6.15430 •'.'"ember 2.1MJ1 twemlier ^I°sed rtrni. J«b#.. . . * i-tr : J^ptember.. 6.45460 Close. 6.554.60 ISIS 6.75489 8. §54.90 6.09406 419415 415429 425429 429432 489442 6.29422 |THE DRY GOODS MARKET. I l rrl \! | te leased Wire, v,, - lork. Jnne 15.—Tli- ilry goods mar- 7; wowedj* f»|r uomunit of goods for 21 «*T- There w« more trading at the TMUtlofu. Cotton jrirn, were easier. prt nt r |„ th , *44 ,, on ro« ■oar revisions li *Ut sheetings. A; : TIONAL MARKET news on page seven Tbo following figures glvo the primary movement of wheat nnd corn: Wheat—Receipts today 279,000 bushels, ngnlnst 224,000 bushels last year; shlnniouts today 165,009 bushels, against 185,00) bushels last yenr. Corn—Receipt* today 779.000 bushels, against 554,000 bushels Inst year; shipments 606,000 bushels, against 6G2.000 bushels last year. NORTHWEST CAR8. Following table gives tbo northwest cars of grain today, laat week nud last year: - Last Las Today. Week. Ycai Minneapolis 17* 183 II Duluth 15 18 1 Chicago 10 10 L. J. ANDER80N A. CO.’S DAILY COTTON LETTER Edited by JOSEPH B. LIVELY Mr. Lively hns edited Markets in Atlanta and the South for more than twenty- five yean. His experience makes him the most reliable market editor in the South if not in tho entire country. AT THE OPENING MOST ISSUES SHOWED DE CLINES AT THE START. RANGE OF NEW YORK STOCK MARKET A Few Stocks Scored Fractional Advances—Transactions on a Small Scale. By Private Leased Wire. New York, June 18.—Tho stock market to day was again disappointing to thoae who were looking for a sharp rally. While It was a regular holding affair, there was ill H'llllr N|..'. l,'t|tl. S tO • i• i the imirkot lower • \ en If It bad not had a downward tendeuey. Tho bank statement fell flat. The gain In cash '* * ----- ^ MftB Q . Ntst few r ... accoont, which Increased nearly 61.000,000. Ontalde of the weskneas of some of the high-priced Issues, the heavy liquidation In Hteel preferred did ob Ynuch to unsettle things ns anything else. It found some support at 1W. but did not act in n way to encourage buying of It. Special drives made at Anaconda, the Hill stocks. St. Paul. Fuel nnd Smelters met with little resistance, and prices gave way readily. Rending was among the most vulnerable stocks and was under pressure throughout the session. After the opening hulge. which was at the eipenno o. n few belated shorts, Baltimore and Ohio wns the notable excep tion In the entire lint, advancing a fraction and holding the gain. Tho close was at or near the lowest, with the bears actively selling. The foreign situation was again brought forward as n factor, tho continued decline In consols reflecting the uneasiness abroad. STOCK 8ALE8. NEW YORK BANK STATEMENT. AMnclated banka abov changra: ltaaerroa.. decmac. the following New Vork. June 1*.—^There wna nome Im provement tn tbe rotten future mnrket toe Jlay. line to aorartan by ahnite. imt tie- tren leral trade rontlnued email nnd on the clone there wna atlll enouah nervoiianeaa In erl- denee to aujncest the llkeim I of continued eral trade ronttnin n RHBIIBMBBSSBIH llrretrular murketa for ennie data to come. The renditions were not materially chamr- ed. The weather nnd_ cn>p newa were (IS* were more S “ ' Tided, thnmrh aoue of the private reports were more favorable. The statistics were RNMRMStmt, on the other■■PRH —through rommlaeton houses bare been larlllnc conrldrralilr cotton abort durlnc the naat week, and the poaltlnn of the profea* alotutla la therefore lateraettne alar, they are harked by the tmll ayndteata under the direction of Prtee.^^^^^^^^K^^ New Orlrnna. Jnne 11—Cotton failed to respond to banish InOoonces today. After a abort-tired apurt tke price of Jofy fell off lo the lerel ofyestentsy'a cloatn* and la to moatha would hare done the aarne If they ‘ - been eupportrd by week end cor* aborts. W>ek*e»<l llquldatloo by lours ore rued to. be the ehltf reason for the rather eaay undertone dUplayed by July. The Tlatlde supply statement showed that the atoeka of eotton at Urerpool and at Ibunliay polnta. which have lieeu held up to publle view by tbe bears for a ton* time as rarrylac lintneaae amouata of cottoa, verb at laat Mow atoeka at thla time laat year. The vlsllde supply la atlll large, bow-, ever, and will bare to nnderso a it rent shrlnkafs before bdlla can base operations 0,1 ^ ^ OIBERT & CLAY'8 DAILY COTTON LETTER. New Orleans. Jnne 11-News from Urar- lr v,l waa very acaree. hot the little that was forthcoming tndleatad a store bullish frellna with regard to the summer months position. Options cloned belter than e«- r cted at nnehanxed prices ton decline nf point, while the spot sales were SCO) bales, the old quotations bet nr raised a Mini Kieeaalre rains In the eastern par- tton of the belt sad the lack of nsolsfnre In the southern part of Tease bars caused numerous advtres. to. be ^saoetl from these two aeparste districts eomptatnlac of the eilstluB conditions. No dsnwee. however SsheHered to hare reunited thus far. bot a enotlananee of like etrcametsncea would doubtless esnae some appreheaslou on the part of tbe short Interest July eoaUnuea fo more throagh the proves* of liquida tion. Imt on a smaller scale, the Imslnesa out throt-.rb today, evea for a Hatarday. Kla* eSemely dull. The vary bnllUh vtaltde statemeat of yeatenlay tint eruphs- alsea tbe geaeralty reeocalaed faetjThat supplle* are rapidly drellalnc and the ce/lJnt mill taklw* tor >b* p^Hidy »r«.! fJ‘ n ».. In lllnatratlnc tbe tha cotton trade '* 1 ALABAMA dT. OIBERT & CLAY STOCK!. BONO*. COTTON. CHAIN, corrcc. provision* HCHBCRIi ATLANTA. OA. Btock Exebanga-INcw Orl^ns Cotton ifj S l ork Cotton Exrhsnge.I.NVw OtImm Kto^k Exfbaf \U *** Tork Coffvo Rxcbsag^ |N>*r OrlMos Boar«I of Tr*4# M*fi IxeBtoa Lotion Lxrkssgc, (s«Bh« n w , w jii Cxcbaof't- l-scsl and Lang Dlatano* Telephone’5295. W. R. FAGAN, Manager. ■ 85,875 Imana, Ih'creaae tu.tH Specie, decrease 1.772.M0 l.ejtats, Increoee 1 >?°5'SS5 Deposits. IncreslM 1,041700 Circulation, decrease 610,000 MOVEMENT OF COTTON DURING THE PAST WEEK Recratary Heater, of tbe Now Orleans cotton excbnnf*. In his weekly statement of tho movement of cotton for tho week endlug yesterday, abowa n decrease In the amount brought Into slitht, ns compared with last year of 51,000 bales, an Increase of 16,000 over tbe saute time In 1906 and au Increase of 18,000 orer 1903. For tho 15 days of Jane tbe totals show g decrease under last year of 106,000, an . asms last of 68,000 nnd mi samp tlinf* In l:*i.t of r>7,0<>0. For tho 2W days of tho season that have elapsed the aggrcqzate Is behind tho 2S8 days of last year l.tM.ooo, nhend of the same days year before last of 776,000 nnd behind 1908 by 98,000. , . - The amount brought Into sight daring the mat week hns been 45.927 hales, against .09,170 for tho seven days ending this dnto oat year. 20,015 year before last nnd 23.149 same time In 1903. and for the 16 davs of June It hns been 14^,739. ngalust 244.G4? last year, 72,80)1 rear before last and 84,043 same time In 1903. The movement slnre .September 1 shows receipts nt all United 8tate* port* 7,685,168, ngnlnst 9.421,871 Inst year, 2.035.030 y before last and 7,825,340 same time Jp * orate rive: ndn 907,106, agninst 1.1 year before last and — 1903; lutertor storks In excess of those held * 109,r* bef :1m* 1903 7,676: southern mills takings 1,932,1 ... against 1,867,141 Inst year, 1,715.225 year be fore last nnd 1,757,0*7 same time In 1903. These make the total movement for tho days of the season from September 1 date 10.634.192, against 12,508,09.: last year, 9.757,603 year beforo last nnd 10,436,477 2lTl*Biiti>4 O Atlantic Coast American Sugar Reflulng........... Anaconda a. American Locomotive do prt*ferred Aumrlcan Smelting Reflulng d« profi*rr6'd................. Atrlilson * * ilo preferred American Cottoa Oil.......*.’.. Knltluiftrc nnd Ohu Krooklyn Rapid Transit,.... Canadian l'nclflc Chicago ami Northwestern Chesapeake «i Colorado Fuel _ Central Leather, do preferred Chicago nnd Gnat Western Chicago. Milwaukee nnd Kt. Caul Delaware and Hudson Distiller's Securities Erie do preferred General Klee trie Illinois Central American Ice S»*eurlties Louisville nnd Nashville Mexican Central Missouri Unelrte New* York. OntnrJo and Western..... National Lead Northern Pacific New Y’ork Central ....< Norfolk and Western Pennsylvania People’s Gas Pressed Steel Car do, preferred Pactftc. Mall Heading Republic Steel Rock Island dp. preferred Uslted States Rubber do. preferred Southern Pacific Southern Hallway a...*...*.*... da preferred SlnsH-SliefThdd Tennessee Coal nnd Iron Texas nnd Pacific.... Union Paclfie United States Steel do. preferred..^. Vlrginla-Carollna Chemical '* do. preferred .....v ,t Western Union Wabash do. preferred.... Wisconsin- Central NEWS AND GOSSIP Of tho Floecy Staple. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNT* INVITED $200,000.00 $500,000.00 Wc invite accounts of individuals, corporation*, banks and bankers and offer tho beat terms consistent with conservative banking. In our Savings Department we allow Interest at the Rate of 3 1-2 per cent. Compounded Semi-Annually. ATLANTA NATIONAL BANK ATLANTA. GA. C. E. CURRIER. Preaidant. A. E. THORNTON. Vlca-Prealdant. H. T. INMAN, Vlsa-Praaldent. QEO. R. DONOVAN, Caahlar. JAMES S. FLOYD, Asa't Cashier. Capital: $500,000.00 Surplus and Undivided Profits $500,000.00 . We Solicit Your Patronage. northern niflla and Can* 1,034,519 but year. 904.648 d 1,061.006 same time In as (lay* of th. am—hi from feantambar I Mi W 9.I57J0# year anmn tlmo tn 1901 Foreign eiporte for tbe week have licet, 104.001, against 111.0S9 laat year, maklnr ting tb* uBJnl rasa of a faint 'Mortiara mills taklnga and Canada dnr Ing tbo puat seven day* show aa Inereasa of 1,832, aa compared with the correapond- jng period Jaat year, and thalr total, tak- „ll& north, aouth and Canada, thna far for the eeeeoa bare lieen 4,223,864. .agalnat 4,049,8* last year. These Inrlude by north- era Banners, against 8.16(.im. ...... Stock, at the aeaboant and tke 29 leedlag soutbern Interior renter* bar* decreased during tbo week 115,161 bale., agalnat decree>e during tn ' luet eeeaon of r.l., •mailer tltnn ot tbli Including atoeka left over at porta and .jterlor town, from the last crop atitf number of tinlea brought Into sight far from tbo new prop. the ^pal, ■ dale Is 10,978,728, agalnat 12,670,06* for the ■erne period lest year. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrrrfsd by Atlanta Fruit and Produce cxrhanK«*. FRUIT8—Ornngp* S3 to 23.60 per box. Lemons 12.60 to |8.7I. Hme. 71 to* ^ Georgia ■u>ci. Mquin cratca. $1.60 to 23» Tenneoae* Jl to 9L60 ^POULTRY AND COUNTRY PRODUCE.- Live bena 25 to ftyt: fries 2^4 to 25**: l.roller* 15 to 22)kr. live dock*. PeMn M to Sc; puddle irto 27Hc. Pressed bens, par lb., 12c to 18c; dressed turkeys, per lb., Uc to l«c: very dull. ^^.^^‘.b 10 1Ffe 82Hc; cook* W-'k;-t; In Mb. rack. 19 0Ur, VEGHTABLEB.-Iriah pot.toe- Xo. 1 stock 54A9 ,barrel; ho, 2 stock 83.9) -neeta, cabbage crate- per crate 82.35 to 8359. Pea., per dram, 75c to 81; vefy slow sale. Toma tor— per crate. 82 to RM. Ite.ua. areeu. per erat- 81 to 81.25, market la better condition; wax 59 to 71c. Hqaaak. yellow. 81 to glwhite 71c to 81; market overstocked, fora, new, IS to 80c per dote— Okra, per crate. 81 toJt5«. l 'scomber- pec crate. 81 to 81.25. Peeche— per crate. 8L25 to 81.50 Old Irish potato*— per bnehel, 81.25 to 81 JO- Peeche— ■■fper crated STgk Blackberries 10 to I2\kc qaart. l^wherriee 1# to UV quart. FLOUR. GRAIN. PROVISIONS. FLfll R -I'oeKda Elecaat 8-25 Private Wire to Ware & Leland. Notv York, Juno 16.—Klret prices here were 2 tg 5 points .higher on the old crop and 4 to 7 points higher on ths new. In response to the coble- bullish week-end figures, continued dry weath er In Toxas, and week-end covering. Ayer bought and Wright sold July. Ray bought and Mellon sold August The New York Commercial says: '•Machester yarns quiet and Arm; cloths quiet and firm. “No matter how McPadden may stand on July and how much spot cot ton ho tnny bo willing to take up next month, the big spot Interests cannot bo expected to bull the market for any one,” said a broker. A Liverpool cable says; “Market af fected favorably by bullish weekly tlg- ure—“ Liverpool futures bpened steady, 1 to 2 down. At 12:30 p. m. unchanged to (l"wn nit near and 1 to 2 down on late. Futures duo to come 2 ta 3 down. I.or.'it selling, b-il by Xnrden, cased prices off aftor call. Trade light. New Orleans, Juno 16.—Tho woathor map shows heavy rains along tho At lantic coast, but no rain elsowhoro. The drought in Texas continues. Tho Liverpool weekly statement Is bullish. Total week’s snlos of spots ora put at 47,000 against 23,000 this week last year, and 33,000 In 1904. 'The amount forwarded wna 80,000 bales, against 4t,000 this week lost year, and 58,000 In 1904. The advanced seaaon will nseuro liberal receipts In this mnrket during August. Consider that option a good sale now. Futures have an easy undertone on week-end long liquidation. Trading In very limited In volume. Spots are Inactive solely on account of the lack of offerings. Tho demand for the better grades Is very fair. The net stock of cotton In New Or leans Is 48,321 bales, sgalnst (7,(87 at this tints' last year. The amount of cotton on shipboard Is 28,987 bales, against 38,669 last year. By Private Wire to albert & Clay. New Orlean- June 1(.—Map shows some further heavy rains In tha At lantic state- at Augusta, O—, the pre cipitation amounting to 4.11 Inches. Ltght rains also fell at Fort Worth, Texas,' but southern Texas remains si soon as uncertainty clears the stock market will, with Improved take rofntsadc* of the optimistic w. 7*. * * *• “Mill* IA—UBDICI UUOII 4V v;o.: Umottlemant la dkaIii ukolr In tho market today, and we would bo rautlmiH in ranking now rommltmnnts except on rnlillm;. Thcro la undoubtedly a batter class of buying, but It lo not ns yet Intentionally effect!rf, a» near ns wo con ascertain. Tho trading posi tion therefore is atlll advisable for the unlly operator, wt do not ace how a bear cam paign can l»e prosecuted St this tlrnp with general business conditions no good, nnd •believe that as soon aa unce ‘ * ‘ nway tho technique, fundamental fosturss. Marshall Bonder & Co.: Judging merely from the action of tho mnrket, and In tbe •bssac* of auy special muse for General depression, wo ore Inclined to expect somo Iorm pressure on tbe security list at these levels, though ponding the effect of tbo Russian dlsturhnncca on French finances we prefer a conservative attitude. It was reported In ono news column yeatenlay that the l’ennsylvanla Railroad Company contemplated delay In Its Improvement work. Thla might mean a halt In their findhclng plana. Town Toplca: Today's market promises to show a good deal of Irregularity at times, but the recent decline lo prices has. tn our opinion, ran about far onougb, and weakly hold stocks hnvo been thoroughly liquidated. Tho buying during tbo pnst few day# has been of good character, ntul ths market has every appearance of bcln. * raaraet'f t scan I HAVE YOU ANY MONEY AHEAD ? Is It Invested where It Is perfectly safe? Is It avallnblo now If FORTUNE should knock at your door7 * Prepare yourself to tnko ndvnntngo of opportunity by Investing your savings In this lmnk. whoro they will earn 3H per cent COMPOUND INTEREST, bo per fectly snfo nnd available practically on demand. CENTRAL BANK & TRUST CORPORATION, CAPITAL $500,000.00 Aas O. Candler, Presidont. W. H. Patterson, Vice* President. A. P. Colee, Cashier. John 3. Owens, Vico*President. Wm. D. Owens, Asst. Cashier. HDBBARDBROS & CO., mKants Atlanta Offices, 319-221 Century Building. Members Now York Cotton Exchange, Now Or leans Cotton Exchnogo, Liverpool Cotton Asso ciation, Chicago Board of Traao, Now York Cof- foe Exchange, Now York Produce Exchange. Business solicited for tho above exchanges. Direct wire service. Correspondence Invited. Phones (54, Long Dlstanco39. A.S. Husnu-c, Mgr. ippaaranco of being pratty well sold out. Tho market's techni cal position Is very strong, nnd tho Mod ern Miller report on winter wheat, pub lished yesterday, which shows good condi tions everywhere except In Nebraska, should do much to allay apprehensions on the crop. In ths event of renewal of boar- Ish operations ttalny, wo advise taking ad- vantags of any decline that may occur, nnd would buy the better class of stocks, ns all indications point to a stronger ami higher mnrket next week. In the event of any further wenbness developing wo would Heading. Northern I'acffle, Union Pa- Houthern l'nclflc. Atchison. Louisville nnd Nashville, Krle, Norfolk nnd Western, Private Wire to Ware Se Leland. COTTOnVg^AW, ^RO^IsfSNS.^STO^^BONDS, Ho. I Will SI., him 8.1141.,, All mil. Cl. hw Vert Colton 7,(1((|( Sow Orltonl Cotton lothongo. Llrtroool Colton Aii.c/ill.d- nn»l. Wlttl lo Moot 7,(8. Mow Crl.l.f, Chltogo. loll Mono Ml. ■ ■•go _ Mow fork Cott., fj(A,,,«. 8. C. C0TMHAM, Mot Jverpool 1 to 2 lower than expected. Was due 2 to * points down. How ever, that there should have been any decline Is surprising, considering the extremely bullish visible supply state ment Houston, Texas, wires that ra|n Is needed In south Texas. No damage has resulted as yet from either weevil or drought, but the crop cannot stand much more dry heat. Dun’s Review says: “Primary mar kets for textiles, have the support of a good attendance of buyer- who state that the dry goods trade throughout the country Is most satisfactory, and there I* every reason to anticipate continuance of prosperity." , STATEMENT OF WORLD’S VISIBLE COTTON 8UPPLV Secretary Heater's stateasawt of tbe world's visible sapply of cotton for the past week shows a decrease of 161,637 bales. against * decrease «f laat year and a decrease of 62,009 In 1904. The total visible la 3.457.371 against 2.C2L- 10 last work, 3.715,<31 last War and 2*2tt.«2 jmr before Ult. Of fhlg the 1°**]J»f_Am*r- WH lefln .j e, Kgypt, bniui, ibuh, nr., l.4*-v» last week, 1.381,000 last yenr and year before laat. tal world's vlsllde sapply of e aa atiove straws a decrease compared last week of with last "'.5ns A fairly good bank stalem.nt Is exportsd, although snout,1 toast Increess It would bs comlraed unfavorably. Rather expect xc Irregular market wilt rune support In Rending, an well a* In It. I'tul, ilultlnjurt and Ohio, nnd Btssl— Proferalontl sentiment Is still bearish, and attacks may appear In uneipected qnnrters. end er*nlng-np, can be looked for. Sow York. June 16.—Summary o lerdny'n stork mark-! hy Doer, Jon.* <» Rua.lan Interoattonil condition* continue to disturb foreign bourae*. *0(1 Steel earning* for tbo :fod to bo Repnhllc Iron i BSSt'SKMrc 'Rradifraot'a uyn trad* *nd Indnatrlal PIEDMONT BROKERAGE CO., (Incorporated.) Baaoment Floor Piedmont Hotal. STOCK*. MONO*. CRAIN. PROVISION*. INVCSTMRNT*, Fast Wlr* Service from New York* New Orleans, Chicago. CORRESPONDENT* M. «J. SAGE A CO.. 4* BROADWAY, NEW YORK. low. H0T2t. Maiisgtr. l*ctl and long Dltiintt Btll Fhont 1391. El|htv-al: age net In ten month month# 16.63 per cent Twelve Industrials declined .21 per cent. CHRONICLE’S CROP AND WEATHER REPORT New Tork, June IC—Our telegraphic ad- vires from the Houth this evening Indlrat# that orer most of the belt the weather has been favorable the past weak. Haiti has fallen In many sections where needl'd, hut In anmn districts of Texas and In a few localities elsewhere rain Is claimed to I* On tbs wbota, our advices denote that the cotton n weevil are re| oua In Tegae. cotton crop la doing welt. Boll > reported to tie breaming nnuier- sna.—Ware Sc Leland. SOUTHERN EXCIUNfiE Oldest Established Office Houth. COTTON SiOONS BONOS —GSJUS Crr.MJVl !••' - ' ! :M I'-’it.' ting Dally market letter and market manual mallei on application. TAKINGS BV BPINNERS OF AMERICAN COTTON Recretary Heeler. In ht« .tat.mcnt day, ehuar* the •planers thruagko' world during lb- past w—k took hale* of roltnn, ag.lo.t 194,009 last ye 112.909 In 1896. Total since Heptemlicr I. thl* ecew 179,009, against UXMO.OOO U*t yrar. ■ 961,099 the year before. Of thl* Norther* •platnv* tin,I 4 Unlit last year, and 8,' them ■iilnu-i ml 1.1 nera 1.1*7,000, ■ i, ta,r year, an foreign spinner* -.JPPI laat year, and 8,2t*JIOO tbe year line, l.'fi.'.li 6.947,090. ngalitat of 1(8,07. * decrease suspend year of 258.38. ana an Increase with yeer tiefnre Inst of 1,744.811. worid'n riel tile eupply of cotton then Is now etlnal and bold In [tain nnd continental Kurope j.- -riant 106.009 Ust year and 1J17. ; 909 yeer before lest: In Kxypt *,,09- against 169.900 laat yrar and lJ-OOl year before last: In India *88.099. agalnat 97i'.n00 loot yrar nud 698.991 year.before last, end la Ih* United Rtalre 0-9961 nxalnat 6 867.99 yrar Iwfore Iset. L J. ANDERSON & CO. Bankers and Brokers patent 8*: fancy patent 85.19; half patent 84,10 to gt.S: fau.-y 8590; oprisg wheat tel tent 85.69(1- Market strong. ‘t'ORN.—Choice red cob 78r: No. 2 white 7lr; N". 2 yellow TJr; mile,I 72c. I>ATM.—Choice white clipped Sle; ehole* white 80c; choice mixed 6»e. . ■ S1KAI..—Idaln water gnmnd. oer hsebel. Ic: MU* ltalb. J"'-*. per tewAet. tV i/ay.—Timothy, rtu*■- larce rale- 11.19: do., choice ramlL bales .81.14- (to,. So. • timothy bale— |L6t; do., No. 2 81: do., 2 ctorer mixed 81.96; do.. No. 2 cloned mixed lie > *2rr#"pricr**era P f. o. b. Atlanta, and auldect ta OorVK2E.,ed Artjjckle'a 315 .1 bulk. In log* or tarrela. K%t; gree* 19 to 12c. yiarket weak. It Ir' 52—, 'arollu* 4(i to 7'V. according to grade. Market rery strong. I'llKRjtK.—Fancy fnU cream. 8*ts 16c; twin* in.; bricks 6c. Market atron- I'ttltVInloXft.—Hepceme ham- ICal-, Ifernbi han,a I94*C. (try salt extra rile, 9 75. hettles 3-* Ih*. 1059. fat hack; 9. plate* | i& IJS. ftaprema lard 19. Know Drift cam No. t pound VlL Correspondent’s Capital $250,000 Reference THE NEAL BANK. Phone 1417 PRUDENTIAL BLDG. A* ■■■■■■I