The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 18, 1906, Image 11

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THE ' ATLANTA * GEORGIAN. MONO 4 V, fUMtf ft, T9otk MARKETS ML MIDDAY AT that time prices broke sharply. Itcovcred Partially in Later Trading—Miei Giles Makes Condition 84.3. liquidation and selling by a few imminent brokers offset a good Uv- fpooi this morning In the New York Barker The sales of spot cotton In Liverpool tii.ooo bales at an advance of S mints u-as a bullish feature, while op tions at the opening were better than due, showing SOS points advance. jht close In that market was l@3 mints higher. The New York market opened 103 mints higher and hung around first rfcrs until midday, when a sharp ireak took placo on selling, supposed o be for the leading bull. There was some recovery later, but tbs market was very dull and pro- fwelonal In character. The spot markets are quiet, with a blr demand reported and offerings Dry' weather continues In Texas, thlle moisture la plentiful In the At lutlc States. Miss Olles' makes the condition of the crop 14.!- |r Private Leased Wire. Sew York, June 18.—The cotton asrket made a poor response to the cables, starting only 102 points high er. The list was affected by selling •ressure from two or three prominent mom traders. By 10:30 o'clock, the lo cal market was a trifle Headier. SPOT COTTON MARKET. itisms-Hteadr. 11c. . Xmv York—Quiet. 11.10. .■New inri-wmri, New Dries Iio^-Qulet, 11 M*P. LI rerp<*o|—Qnlet 1»ttt stekdy, 6.11d. 8f. Duila—Qnlet. 11 1-16P. Jnrannnh—Steady. 11 1-16. Norfolk—Quiet, 10%<?. RANGE IN NEW YORK COTTON. . fault Previous Open. High. Low* Bale. jtou. ^Cloaj. rtrt. .10.41 10.44 10.37 10.44 10,41-44 10.40-41 Jan, Jftlff 10*4 1047 1013 101*44 10.61 10.6345 10.N Mfli. .10.41 10.01 10.66 10.66 10.6141 10.« CloteU sternly. RANGE IN NEW ORLEANS COTTON NEWS AND GOSSIP Of the Fleecy Staple. PrIrate Wire to Glhert & Chtj, New York. June Ml—'There la eery little buslnctig doing. Market la steady. with eTcryone watrhlng the weather. They are prepared to take tho buying side if it turna Norden hoi been pounding the market nil morning. Hutton aelllug tome of the new cropa. Liverpool cable*: “Steady, email tuat< ket. The Journal of Commerce anye: Trading waa qnlet In the market on Saturday. It waa a abort dny, and the atormy weather affected the near-by jobhlug trade. The price revision! of the week were talked of considerably, and othen are anticipated. Buyers are now saying that the prices have top price* are not being foreed on theraWP will lie seen In the next few weeks how buyers wllk regard the concessions that I have been made, and whether the hopes of aellera regarding a fuller trade will be realised. New Orleans. June 18.—Liverpool S point* up Is better than expected. Waa due aliont 1 point higher. September sales of 10,000 hales should attrack attention, constituting a strong argument for ■untatntaf prices. Spartanburg, 8. C.. wlrea: “Weather fine here; cropa look good.” Some persona attribute, the present weak ness to the bullish circular this morning. Some qnlet selling of July this morning by peraona supposed to be moat Interested In a ball movement of that poeltlon. seaboard ralna are ageln reported, - __ Texaa and the balance of the belt are dry and generally dear. i to the scarcity of offerings. told, not moro than 600 bales have been traded In. The local tradera are attempting to sun- Private Wire to Ware A Iceland. New York. June 18.—The following cable from Liverpool: Alfred Ilooa returned yea- —..ttle room for any decline unlesa the weather la perfect to end of August, as the risible supply must each week read very bullish and with enormously Incresed spin dles I loginning of season should be no quea- scason If supply Is aval! Mohr sold 1,600 October at 10.44 to Cone. New Orleans, June IS.—George R. Brown, secretary of the Little Rock board of trade, ye that the stock of cotton In Arkansas Rales of 10,000 bales of spots In IJrerpool nre n feature that ought not to be over looked. Jour 10.M 11.14 11.16 10.87 ll.g 11*06-67 11.06-0? 10.64-66 10.64-63 m *5 !?:" !£: im* «f»» & : W : M »• i?:3S ItSS >r. .10.17 10.46 10.S3 10.38 10.36-38 10.36-36 •i». .10.43 10.46 10.40 10.40 10.44-46 10.40-41 >1. 10.42-45 ld» 10.5344 Clssed stenfly. . At the moment Xnly Is easy under rather freo offerings. Hulls arc not disposed to run tho market up at present. Spots arc Inactive. There Is no Improvement lu of- ferlngs. Well-posted srtot men say that there nre not over 16,000 bales of spot for salq. In this market. • PIEDMONT. BROKERAGE CO.'S DAILY MARKET LETTER New York, June 18.—There ware 10,000 hales of spot business la Llrerpoor this morning, and prices were fully maintained. LIVERPOOL COTTON MARKET. Liverpool. June 16.-12:15 p. m.—Business la spot rotten Modern••*, with prire*. xt.-n.i. Middling uplands. Uld. Rales, 10,000; Amer- Nn. 7.080. Speculation and export, 1,00). Receipts.- 4.000: Amcrlcnn, 3.5». Ktuures opened steady. opening 'Prevloun Range. Close. Close, 6.86480 6.66 „ 6.64 6.64 6.644.85 5.86 5J44.II »J4 6.86 6.734.76 6.76 A74 6.03 5.68-5.63 6.66 6.614.61 6.63 6.60 6,66 6.62 6.6# t:§ BS 6.64 6.64 6.61 JsseJoly .. inlyAugust 4«f.-Sept. , fcte: : Mr.-Her. . t*er.-Jan. ,, 'is. Feb. ... >1* March Close*! qnlet lHit steady. TODAY'S PORT RECEIPTS. The fill lowing table ahowa receipts at the MoidU* .. 8ar«nnab Qsrleston Wilmington {*Mk . Rsltlmore Vork issti ||MI jNls4e|pbto’’ # ^J*’, ## Rsn Fnin«‘laro...., H3T 3030 2021 464 1661 INTERIOR MOVEMENT. H«w«tnn . JSfUStR »t. ISM*.. : ” tftrionatt * fatal COTTON SEED OIL MARKET. N -V lurk. Jan, 14.—Tb* m»rk,t for rat- “T**—h oil ilarlax th, pait wvek has beer twn.1.1, i|Md« there briar little « nr JWBjmptlr, demand. June la u.uallv •JHro* month of lb, year la rotton oil and month of th* year la rotton oil and ?... ,l " f,, A >*<• till* bni hron •«■**• j!’ '", 1 , <t th, present tint, hr th, feeling Jj*t there |. yet to be rnnaWerabl* llqul- no.iiiapl,* d,mai,l It leaves the mar- “l op,, to manipulation, thaa roaring both 5?S*tof» ind rntniwr. to hold rdf. ""f option. With thro, July drilv- CrAm* of *«T *re briler, th* nur- 2L r" 1 —rottmUjr work twrk to lu for- l»t,l «n.l *T*n co htfher.—Were k L*- J„, Oproltw- ja®!?; til. $ ^tobrr If teste".,. Ylowd at'mdy. Futures were steady and came aa about due. Our market opened quiet with an ad vance of 1 to 2 points, and while most of The rapidly dlmlnlablng with only 310.003 I tales, i ord. Of coarse there will be still left a lot of nndealrahle cotton which spinners can ■^■l^mWe d0 lv>t ,0 °k for any extended bear movement. Th* market, we believe, will be governed by weather conditions from now on. After the noon hour the mnrket broke sharply, July selling down to ay for scalps. Liquidation, which has l>ecn going on In the stock market for the past 6ve da/a, teems to have run Its course this morning sad supporting orders were In evidence ami few stocks were pressing for Bale after the opening. Opening prices were the lowest to most esses, and a sharp rally occurred In those stocks which have declined the most. An unfavorable feature of tbs Itank atate- meat Saturday waa the Increase In tbs loan Edited by JOSEPH B. LIVELY Mr. Lively has edited Markets in Atlanta and the South for more than twenty fivd years. His experience makes him tho most rcliablo market editor in the South if not in the entire country. Ill THE FIRST HOUR SUPPLY OF STOCK IN SEVER AL ISSUES CONTINUED. Supposed To Be Liquidation of Some Large Speculative Accounts. morning lu all the esseutlala In which Wail street Is moat Interested was undoubtedly brighter than It seemed at Inst week’s close. The European markets were quick to take note of the turn for the lietter. There waa all arouud a steadier undertone at the continental centers, and In London price* went higher In all departments. Our local with the sub-treasury ami started the week with a total credit of $860,000. Money rates, those for call loans especially, were shaded a fraction. lVhat was of more consequence Hslnfall wss reported from a good part of the section west of the Mississippi, where drouth had l*en doing most Injury, and advices received from private sources during thr* muralug til told of better condi tions existing. On this coru broke 2c a bushel and wheat 1c. The of the same urgent character a fair amount or support appeared rroui more sulistantlal quarters, friers under these purchases rallied qtHte sharply. The stock market for the most part part ... Jtrlv and Smelt- I ft L, Ing also lost % per cent. The initial prlcos In Atchison and Missouri 1‘scldc showed Saturday's close again. Steel wss off ^4 and the preferred lost H. Anaconda opened 2VJ^ lower. New development! over Sunday and so far today had a bullish tendency. The price movements In the first hour were mixed, how- ever, there being'in continued supply of stock In several Issues, led supply pponed to Beading dropped under thla selling to 136%* but later rallied agalu, HL l’aul moved In about the same way. There waa a better commission house business. Governments unchanged; other bonds are quiet. STOCKS REVIEWED BY NEW YORK SUN New York, June 18.—The New York Sun •avs: The substantial and fundamental polut* In the situation today staud out dearly. If people ars not buying stocks the market Is one over which no largo vol ume of llqulatlon appears to be bunging. The Wall street rouiinlftslun houses who ‘at to their offices bore of customers aud iptoto aa the one hand of Beardt? of tajBii buying orders, state on the other that they are carrying almost .no atorks for clients, that they do not thus have to liorrow large amounts of money and nre therefore In 8 keeps up splandMly, bidding fair thu year to surpass nil records. The RANGE OF NEW YORK STOCK MARKET Amalgamated Copper Atlantic Coast Line Aiiacoimsi American Locomotive do preferred American Smelting Refining.... do preferred Atchison do preferred American Cotton Oil Baltimore and Ohio Brooklyn Rapid Transit t’nnadlnu l’uclfic Chicago and Northwestern., Chcwpcakc and Ohio Colorado Fnel and Iron....... Csutra! Leather do preferred Chicago and Grant Western Chicago, Milwaukee and St. l'aul Delaware and Iludaou Distiller’s Securities Krle General Klectrlo Illinois Central American Ice Securltlen.... Louisville and Nashville.. Mexican Central Missouri rnclfle 'li-'* * hi i tunic. New York Ontario and Western National I*cad Northern Pacific New York Central Norfolk and Western .'onnm mm i» psieru.•»••••••«••••••»•«<<»<«.< l*enn>ylrnnla People’s Gas Pressed Steel Car do. preferred Pacific JJall Heading Republic Steel Rock Island do. preferred tTilted States Rubber do. preferred,,,,...,.,.,.........,..*..,.,.. Southern Pacific Southern Railway..., .irortniSfiSiy^:. Tennessee Coal and Iron Texan and Pacific Union Pacific United States Steel do. preferred i'frgfnln-Carol!im Chemical.. do. preferred Western Lulon Wabash do. preferred Wisconsin Central do. preferred,.. TIPS FLASHED From Wall Street regularity In the stock market today, and prices may go somewhat lower. The buy ing of the past few days would ludlrate, however, that etocka bave gone Into good hands and it aharp recovery would uot l»e rprlslng. In which event would take the ort aide. London firm from % to % higher, despite Russian troubles. PFfnetralna In Nebraska and Kansas will Ido ranch toward relieving fears of crop damage, sud should Induce shorts to rover In western rails. Hcutlment In Wall street Is bearish, howeter, but a continuation of scale-down buying should soon turn tha market sharply up, although with money conditions not so good and the absence of the public ft inny be advisable to sell s(ockn[ Lmquick upturns. as It waf s raontl outlook for m so bright „„ ...» - go. la still for a full average yield of the leading grains. The O arsMcns for fall and winter mercantile aees. based on actual orders for goods, are greater than ever before known, and there is every promise that the output of the mill* and manufacturing establish utmost capacity for a long wh ATLANTA MARKETS. FRUITS AND PRODUCE. nrnri.nr romriwl l>r Atl.nt. Fruit and $5.71. {-InMppIro'trw to'13.57, mark-t at prro.nl llm. wril itockri. . ...... Ilaupii, ,tr»ljhli. p*r l>un<-b_U.U to $1.75. Cull,, par bonth. $1 to $1.K. Htr.wb.rrln, flrorri. ——- * rnitro, $1.50 to 53; Ton •fork. 34-qn.rt 'cnn»M0 tl to $1.64 p Y'oI”thy ASD COUNTRY I'RODUCE. brull.r. 15 to ejt*. tJy. duck to Be: puddle » to S7Hf. Ilnntd hrn,. per lb..T$e to lie: dremd turkerfc_pri_lb.._l*^tiM4e^ r.ry dull. quldntlon. which look, •• illR wit» ui iiquiunuuu, wuivu If the bunk, were bulldlnx up their Mrrro ecnln.t tb. fall demand, end lb. ' ill WARE A LELAND'S DAILY COTTON LETTER New York. June 11—liquidation In July rollon w.i tb. frotur. of tb. market from the openln,. I'rofMatonal operutor* MW. or thmixbt Ih.j *w, an rlfort on tb* part uf tb* broker, dnlox bu.InrM for l’blbulri. pbl. .pot Interrot. to roll a larx* quantity of Julr- Tber «t»rt*d In at th. openln, to cut the market .war from throe aellrra, and tb. rnult we. wroknro. from tbo lie- rinnlnx. Jolr opronl frooi lM- to 10.05 ■ nd l.fer on wild down lo toHe. There •romed to tie an almoat unlimited quantity of Jnlr for aale. which waa Interorried to mean liquidation l>r X-ocral market Inter- rota In lb. Julr option before nolle* d«r. Thla derilu* atarted a liraak In hew Or. Irani, where Jalr ranrtown to below lie. There I. a aeneral feellnx tjmt there la more llqnldatToe to come In Jnlr before the more liquidation to rome in juit ocrore inn tret of the month, a* there la a lar*e Block lu New York and new Inanranee n-qulatlona will require ripenae to rerry rotton. A* far ae weather la roneerniKl the raalern limit proapecta of abowera In north Texaa. th era at era belt recrira wmabln. and Toia. rain. th. market could b. eipected to work ott tome. ESTIMATED RECEIPTS. New Ortran* uprota 1,704 to U44 halea. Inst 2J7 actual last year: Galveston, 3400. against.3.TO Mtan^ iMt yesrr 2 Si* to 3400. against S,T12 actual mat ymr: KSolSnrtW^te $A4l ***ln,t 1,001 .etnel last year. THE METAL MARKET. B ?iMr , Vork. I 'jnne lA^fio lraprore.1 Vlo Mt and nrar-l.T dellrertra.ln armaplhr with Ike atrraxth In the forejjn market. ropier waa qnlet and atrodr. Lend and apetler were oc*leeted. GIBERT & CLAY '* «• ALABAMA AT. STOCKS. »°H?J COTTON. OKAIN. corrxc. to sovisions ATLANTA. OA. v MtMOXna fc*? Terk Stcvk *xeban**|N>w Orletr., Tot toe Kaebanxelfhleaxo Board # kT Jerk Cotton Ea-hinge. New Urleana dtork Ejebanje. Ltrerpori UKton •*» York Coffee Eithinx-4*ew Orlran, Boerd of 'Irade.lOalTeaton tottci rrirate Wlrea to atl Exchange. Lccal and Lang Dlatanea Tala,bona S2M. B te?oe' f Al2^>.on Cot torn lirtein. W.' R. PAGAN, Managtr. SnTror.’.bW^.* 0 !. 1 ^ —He: rook- ln ffoner-N.w IS $i»14e > Ibf; In 1-lb. rneka 14 atori $4.i4 _ biirr#l nrota, eabbato era Ira, per crate K* to $$.60. Hummarj of Hatnrdar’a atoek market bjr Dow. Joura U Co. I American atm-ke In London Arm, moitly H to «i aboro parltj. efeney of $W,4 Ona million < for Beattie uu Juno n.ll.ml that Baltimore and Ohio will ■mala for tbt atrenith of that Tw.ntj el.ht banka reported an Inrrorr anil twenty-Are dwreaan In lonaa In ll luink alatemrnt. ^Flrat National bank lorreaaed loan. $$, ^National City bank dterrowd loana 15,*71, Twelve Indn.lrlala derllned l.IS pro cent rrirate Wire to filbert k Clay. New York, Jnno la.—Itanlel Od.ll k Co. A eloae atudr of tho Inteat factora Indlrola to ua that th. .tuck market baa developed onroipeelrd wtuiknea. of iioillhm. A recur. would therefor, adhere cloariy lo tbo trad. ... raaetlona. In aerordaneo with lla rulro, for mnderata iiroAla until Iba tin certainty la eliminated. Marahall, Bpnd.r k Co.: Nearly all dla- rnaalona of the market thla mnrnlnx are the,.rollout aa reflected In the newapanro rerlewa. Tb. market la railed a wblinalral one, with flnriuatlona depen.lrnt on opera* tlona of different qroupa of prnfeaalnnal way of erop, taken piaro to either ereato more nnerel dlalrnat or enrouran more xeneral'ronfl. ileum. In valnea. It la pointed nnt In nearly ilnlona that the rondlllon la all aha uSfcvirt !,oo# ,nd m ' m# Think Amabtaraateil Copper food, Ihonxh Ij^tnay Mae off aome. Ilatbar not taka on STOCK SALES. i>. uf L Total .. 1.11 3 atoek S$.6< na. green, per crate, $1 to $1.55; wax 14 to Tie. Houaah. yellow, lo $1: market Okra, per crata, »l.w up. Ciirumiiera. per crate, 14 to 75e, market well Blocked. WJI. I. PERI.. Prealdent. HOBT. F. MADDOX, Ylaa-Praa. TIIOB. J. PEEI'I.EH. Caahlrr. JAB. f). I.EHTElt, Aaa’t Caahlro. MADD0X-RUCKER BANKING CO. $200,000.00 $500,000.00 CAPITAL . SURPLUS AND PROFITS . . ACCOUNTS INVITED We invite accounts of individuals, corporations, banks and bankers and offer tho best terms consistent with conservative banking. In our Snvlnga Department wa allow Intartat at tha Rata of 11-! par cant, Compounded Semi-Annually. lid Irlah potatoes, par bushel, II.S5 to ^Hweet potatoes, per bushel, $1 to $1.36. Spinach $1 law Imabel. Asperagus 13H lo lSHe Prachca. per emt*. $1 to $1.54. Cherrlra. Ibquart rralo, $3.M lo W. Cantaloupes, per crate, $3 to $5.60. Blackberries 14 to 174c quart. Itewlierrlro 14 to U'V qnart. FLOUR, GRAIN, PROVISIONS. FIAIUB.-Poalela Elegant K»: Dtamond. itenl $*: fancy patent O.I4: half patent patent K; fancy patent O.I4: half Meat $4.14 to $4.0: fancy $3.94; spring wheat patent 0.60*14. llarket itimng. CORN.—cholee re.1 rot. Tie; No. 5 white 74e: No. 2 yellow TV: mixed 72c OATH.-Cholee white tllpiied lie; choir* white 60c: choice mixed ter. dted 144-lh. Jure*, per bushel. 43c. timothy I.A: do.. .No. 2"$1: do.. No. I fl(g; , fioTt'r mixed '$1746: do., No ; 2 dosed mixed TjjlVEB.—Choice X0c. The ahore prices are f. ". b. Atlanta, and subject to Imn.Mlaie acceptance. GROCERIES. BI-OAB.—Rlemlenl grannleted le. New fork UeUitetl C, to t’t; plantailon* 4 to 4V', ^CflFFBc!—Eraated Arbnekle'a $064: Imlk. In l«n or Imrrria, 12V: «»en 14 to 13c. Market weak. nice.—Carolina 4H lo THe. aerordlng to grade. Market very, strong HAVE YOU ANY MONEY AHEAD? Is It Invented where It la perfectly aafo? Is It available now If FORTUNE should knock at your door? Prepare yourself to taka advantage of opportunity by Investing your aarlnga In this bank, where they will earn !H per cent COMPOUND INTEREST, bo per fectly aafo and available practically on demand. CENTRAL BANK & TRUST CORPORATION, CAPITAL • $500,000.00 Asa G. Candler, President. W. H. Patterson, Vies-Prssidsnt. A. P. Coles, Cashier. John 8. OwonSe Vico-Prssident. Wm. D. Owens, Asst. Cashier. *Y«Voag&A'tMTSt cy- til' Drif.^m* LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. W*ath*r and Crop Notes. -fjdragn. J~-MteSU& "NIcolcC ram* from I•hlintra.org. Ksnn. to KsnM* City ovro Bock IsUnd jrotrrdoy. Hr mys rovn Is In good <Aspr sud writ i rnltlratr.1. hut rather small, ts I ns were cenronl tast sight slomr «h* Itork Island flara from Drarro to Ksnana City, and It will pnt ron, In *»od roodllloo. WhraJ better then ho exported, soq ronstry not ta dry loohlag as reported. entire state last nigat r«r eignr anfira. err ing Nebraska the most thonmgh wetting of years. Rain rame at n time when rare, wheat sad oats crops were badly In need of It. and It srerte3“*ro|ons damage to nil crop, except rats, which have already SOS mined coneBleraUle damag*. Frank Hawkins, President. . . _ Tnotnss C. Erwin. Asst Cstklro. B. W. Dyers. Asst, ceaklrr. II. M. Atklnws. V. P „ Jo«eph A. McCord. CssWro. Third National Bank Capital Surplus Dr. A. W. Calhoun. Mills* Dana a. John wT (Hunt II. Y. McCord. DIRECTORS: Fraah Hawkins. II. M Atkinson. Joseph A. McCord. $200,000.00. $300,000.00. ■aelly. Payne. B.& 1 Waadintd. NOTES ON GRAIN Pointers on Provisions. JK. Everybodj Is sailing oats on rains; Provisions a shads lowor with lower gral era sold a llttls lard. Inter-Ocean: July oats Jumped to ...... Saturday, or 14H«’ al»qve the low i»ofiit made test month. The Northern Grain Com pany. which la said to have one of the targeat Jlitea, bought from 36c up. Is said to have sold out. The largest holding has been hy i’eavey, who la said to have the Bentrtnlttr sold against It. There wss also •a line held by Elmore, the eastern distrib utor, with ftcptcinlier sold against It. There Is another large speculative line held by u local man, who Is also long a large line of September. Discussing the oats market hist night he said: “The crop la ahor needs rain all over oat belt. If It K t get It within-a week prices are going rher and ws will hava a abort crop tut will make oats sell between 46c and 10c ■li. season, wm *UD VUtllUflB sin Ulllll| Mil UHWMWI BIIHMIHI of II. It mesne that they are In for s long campaign nn th* hull aid*, as they will nnt have to change It for months, and will got tho Itenvllt uf th* advance that been no roan* last — trains In several yeura as In tbs few weeks, and whllo cautious traders looked npoa the market aa going a IRRI too fust, th# grant war* of specu lative buying has carried the prtre np, and I Iho local trailers nr* not looking for * derided break until relief romro In th* shape of good rains. Thera la drought In Argentine. A Bueno* Ayres cable Mid: “New crop of llnarod reported damaged by drought." Cash hualneaa In whast In Chlrogo Batnr, day waa confined to n few rariots to mills There were Inquiries for No. 1 Norlhorn at Si* over July In More and No. I hard waa iQfUc under Heptemlier. tH Hnlca of corn were 60,000 hint. i 64,000 bushels and osts KkMO bnahtis Th* **al>oard did no oaport hualenaa and there were no charier* reported »re. An oaatern exporter who, several weeks ago. bought a cargo of rata here and shlppexl ll lake port, resold It yesterday In Bolton at a pmflt of 4c. Comndealon people are telling their clients that If they want lo boy wheat to taku thu Iicounhcr and May. , Bt. Louis claims that there has been more floor sold for ei|Kirt by inlllera there Mils week than the latlur are willing to admit. A HH 1*1(11, tillin’ IS.— I lin III rRgillg *l| I HI* draught thraugliout the southwest will not prove n solar plexus .blow to Iho clcvenlh hour Imlla who bad been figuring that na ture would fall In do her duty. hy this gtoiiona country of nura. IVould not he surprised to ae* a material reaction through out th* cntlra district. Bain* general In Kansas and Nebraska, renditions Ideal throughout uorthweat. Dodge city bad 1H Inches rain. ^■ty .wires: "Ralna general In Kaniuia Inal night, lluaael 1.49; Manhattan .*•; Mnekavllle .62: Dodge t'lty 1.64. lota of rain la Nebrssk*- llecord llernld: "In round number* th* winter wheal cron hna shown a detrrloral lion of ahnul 40,000,(11X1 hualiela during Ml •*£ area. There wheat crap will lie otherwise than n large T |,|, vgmmngmranragaAmgraAgna means that the liurden *f the haali. "The trade la now gc rata am. . „ there la aa yat no liurdrneumc supply of corn anywhere, deeplle the absence of any export demand worthy the name and dr- k he trade Is taking cognisance of the generally admitted aiinrtage of the and hay erop* anil la taking note that _ Iron IndoatriM and mle,'cllaneniia eonautnera prevent any great areumulatjnn, and boll speculators appear tn It* willing lo tako car* ot such "Th* trad* testimony lo title It thal ' ' ' iderl mil short and ire grn mod In Indiana, lilt out short and arc B und In Indiana, nan, and that then nr* also unMttafaclurv rondlllona In some i claims from Iowa. WARE A LELAND'S DAILY COFFEE LETTER. rival* Wire lo War* k la-lond. New York, June tl.—Tha market opened steady and unchanged, which w«* about In k**plng with tbs early cable*. Europe was n modern!* seller here, In nplta of th* steady showing of th* European markets, but th* demand from local sou res* was sufficient to ab sorb the offerings pretty wall MM the forenoon, and while May declined 6 points, other months showed an ad vance on III* opening figures. Throw wan nothing In tha news to cause any gk*M9 MS gSMrnl MMUment. Havre wan unchanged to 1-4 end Hamburg 1-2 to 1-4 higher, while the Brazilian markets were unchanged. Recelpte made very bentieh comparisons with lut year's, which were exceptionally light at, tbla time, but did not run far front the recent average and attractor little attention. The two porte hod 12,404 bog*, against 1,400 last year, and the Jundlnhy 13,000 bags, against 13,. 0 last year. Boo Pnulo recelpte for the day were 11,122 bags, against nil last year. Imal year*a receipts at thla lima were Inter fered with by a railroad atrlke. Now York warehouse deliveries on Saturday 2,4ft last were 11,160 bags, against year. The following table gives the opening delivery today In New York : •Opening. Range. yirf!.. ». j-gj* SB! lossd qulvt. doss. MW.S 6.634.66 6.76.6.71 6.764.68 6,«4.f^ 6.034(8 6.13411 OB 4S84J6 6.404 «S 466415 WINTER WHEAT OFFSET ALL OTHER INFLU ENCES IN WHEAT. Caused a Decline of Nearly a Cent at the Opening Today. . By 1'rlvate Iroacl wire. Chicago, June 11—Kentltoeot ou grain la bearish, and many of the eleventh hour hull, were aellera, fearing a further sharp reces sion In valnea. Throe were reactions nnd advances from (he bottom price, reachtd, -auaed by the covering nf ahurta. Flual iriroi showed wheat feafte lower, corn M4I1V off and oata had losses of lVolV. 'rorlslona :tifr*e lower. The markets all cluec.i .low and ra'her lame^followlng wild market rarly In the I'rlmary wheat receipts WTJWi bushel corn 144,044 hushels, age' ' ‘ iluat 2'0,'»i and 7:i,- 000 rc.pe.-tlv.ly a year ago. Clearances for Iho day wars *N.0Y> Inn fla wh*«t, 110,004 hushrla corn, and too, bushels onta. Cash Mlea 6,000 bushels No. 1 nortliern In «t»r» her* at »|e over July and four at New York. 1 rad# Uaaltohe CHICAGO GRAIN MARKET. . The Chicago grain market ranged aa fol Iowa today: Prsvlom IVIIRAT^ 1, High. Low. Close. Clove H*pV. EL d cobn_ w * tn 62H r.:\ 60tk m tin #l3 40 «: : fa » S wvi m ws July. .1L« 17.12ft 17.61ft 17t« 17.07^ 8mjU Ji.fl3 16.83ft 16.83ft 16.71 11.60 July. . 8.83ft 8.32ft 8.80 8.60 m iSH S:S8 6.40 . 3.43 July. . 6.50 8.10 Mvpt. . 8.36 3.65 Oct. .. 8.00 8.00 S:S Whrat (’orii ..... Oats Iloga CHICAGO CAR LOT8. Today. Tomo 5.S! r.WU LIVERPOOL GRAIN MARKET. Wheat opened ft hlclur; 1:3) p. m., ft ta ft hixher; rluinl ft IiIcIkt Torn ••jipjjffJ ft Jil*rl»**r; 1:33 p. m., ft to i higher; cloaea ft to ft higher. PRIMARY MOVEMENT. glre the primary The following figun III"' - H "HI "f U lit 'If III Wheat-.Receipt! today. W7.000 hm nRiilnM 88.000 tiURhela Inat year, fiblpt t 1 " I'i ' Ihir1i")k, Ilif.llUNt .'Nl.-BBI Iti; Mft yaar. tTern—rteeelpt. today. 144.000 bu.hel., ra. hn.hela last veer. Shipments PnIhj, 411,000 husbola, ognlu.i tkl.'/u hu.bcla lot y*ar. THE DRY GOODS MARKET. only few l•‘a'Uue fabrlni have lieen . Tin' ronrpMlona offered o|iprjirod to li HtIiunlfitt ii tho demon*!, nml there linn I n fair In* rrape In tho volume of IuinId Til*' ileilliif I- 1, .,ii mi.I.- I.mull bleached prpperill aud pearl abeetingi. GIBERT 4 CLAY'S DAILY COTTON LETTER Gone on the now were from 2 to'3 polii IiIl'Ip i thin tln/il prl**'H Hu t H n In j, while •<iiiie further Imprarement In the upot ult- nation waa uote*l. aalea today agfrantlng ia.000 halea. at 6 nolnta up. Cable iiuvh'ea from the Far Knar Indlratcfl a henry atoek >•( >.ii ii•*. I.mMi in I.*i-• ii iiii>1 Chinn, nn<l eipreaaad tb** opinion flint niiiortcru were oTiTloml* .| Koine ateody aelllng of Jtil.r waa the feature In toilnv’a tro*llnif, an*l then* la hardly a question of a doubt btft that thla llquli aotne ot tha more prominent quietly been ridding tbemeel week ot their long In term t holla. 1 jlfca for the lateraat. Id aplt* broken In parts of Texaa. liaarlsh opinh* is wall aa anma aggreaol ■Mm jrtbrr ralna have Uaa mrh «o the extreme raatern Ih*II, and a few com- lulnta nf damage due to * .nni I,tit '• !«h I r, . . |,M..n nf Ml - North ’urnlin*. proaperff for tomorrow are all .or etearing weather. V’nlesa the drought renditions In the a*Hithweat are soap broken, the erop In that section will doubtless suf fer some setback and probably cause n stronger mnrket, but on the other hand, ope good rain would. In all likelihood, bring shout removed selling and Inrrcaao tha " f ‘''"'""I..... ia SOUTHERN EXCHANGE Oldest Established Office Routh. COTTON STOCKS BONDS Mill Ground Floor Gould Building, Dally market letter nnd market manual mailed on application. LJ. ANDERSON*CO Bankers and Brokers, COTTON, STOCKS, BRAIN Compoetul's Capitol f250,000 KcrcncNCC. the ncal bank RHONE MIT. PRUDENTIAL BLOC I WARE A LELAND ■ ^ ;n, frovisi5ns,stocks, bonds, COTTON, GRA Bt. 2 Wall St. ChUtft Baart at Trata. r Wirei ta Be.v York. Haw Orltaat, Ckhaft. rota CtOte lt<kaa$a. INVCITMINT6, PIEDMONT BROKERAGE CO., (Incorporated.) Batemant Floor Piedmont Hetal. ATOCK6, BONO*. CRAIN. PROVISION*. Fast Wira Service from New‘York, New Orleans, Chicago. CORRESPONDENT* M. J. PACE Se CO* AX BROADWAY. NEW YORK. tOW. HOTlt. Waaagar. I