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THE ATLANTA GEORGIAN.* TrrsnAT. tune v*. ire. 11 MARKETS Edited by JOSEPH B. LIVELY WERE STRONGEST SUSTAINED BY BULLISH GOV- ERNMENT REPORT. jal^ Was Weak on Liquidation By Bolls, Closing Sharply Lower. [1,,-r-vi! nilrlrM tail mornjng were not “Inrlnf to th* trade In the Amrrinin Slrteti onl» In the mntter of epot ulee. JIl,h.«*re**ted 10,000 Imlee at a dcellne S i nolnt. Vnturee, however, eloecd from * polnta. the latter oil near |NMltloua Tte Influrnro of moat Importance to the at preaent. however. Is the July alt- ’tK option In both New Orleans and New , for -"nietMag ton* wilonnl for quite n while, the InsIderT [Saine the public to believe that a squme rf tke aborts would he the flnal outcome; Sit shorts In that position were nurrir!entl.T ■tmerous to make it pyrotechnic display letMe before It passed nut. Ml lasy be possible to accomplish this Mult In the next few days, liut from Iti went action It would nppear that the m July, to n groat extent, hare trani- Srrrd their contracts to other months or {T,, closed thefr denis entirely, julr was weak and under pressure this ■ern'lnf. at one time showing a decline *1*1 later" months held up remarkably T ,ll only small declines showlnc lu the Ktexovernment'e weekly crop and wcath- r report was hntllsh. showing, as It dhl, . continuance of the droughty conditions lu sirti of Texas, while the Atlantic stales complained of too much rain, which pre- rrata cultivation, and as a result the Helds ire becoming grassy. ir Prlrnle Leased Wire, w York, June 19.—The feature of the knl cotton market was eontlnned heavy amoitre against July under which that option broke U Mr. Lively hna edited Markets in Atlanta and the South for more t han twenty- five years. His experience nmkes him the most reliablo market editor in the South if not in the entire country. NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Olhert k Clay. • N .^. T , #rk, j , . un r U.—Uverpod at 1 was 1 point down on near mont broke 19 polnta. The longs wore Of tho drat notice day which will be around In shout ten daya and were free sailers. At the end of flfteen minutes, trade was suit pretty active. SPOT COTTON MARKET. Atlanta-Quiet. lMtc. New York—Quiet. 10,96. New orleana—Qnlet. 1015-1*. I.lverpool—Baey,‘9.l0d.~ Augusta—Qnlet, lM4c. Savannah—Steedy. lOfac. Norfolk—Qnlet, lie. RANGE IN NEW YORK COTTON The following Is the rangt la cotton Mures In New York today; Lost Frevtoua open. High. Low. Sale. Close. Close. June ,A»1 10.ll 10.41 10.41 10.r \nv 1019 ft 10 AX-41 i hec.' -.inis iolii io!» ioia i<m-w it Jan. .10.40 10.96 10.45 10,45 10.4445 10 Feb 10.4440 1U.53-55 Mrh .11.54 10.01 10.01 10.51 10.5169 10.01-63 Closed barely steady. RANGE IN NEW ORLEANS COTTON The following Is futures in Now Orll—__ .. .. Last Previous Open. High. Low. Sale. Close. Cloee. Ian# 10.75 10.N July .10.95 11.01 10.55 10.18 10.1748 11.0547 Aug. .10.84 10.61 10.47 10.48 10.44-47 10.4445 8n>t .10.43 10.43 10.42 10.43 10.41-42 10.4340 net. .10.23 10.84 10.34 10.3 10.24-9 10.I5-34 .Not 10.2841 10.844 Per. .10.35 10.9 10.80 10.32 10.3142 10J84 Jan. .10.40 10.45 10iS7 10.87 10.3748 10.44U Mch 10.4841 t'loaed eteady. LIVERPOOL COTTON MARKET. Liverpool, June 18.-12:15 p. in.—8pot cot ton demand la fair, with prices steady. Mid dling nplanda. I.ldd. Halea, 10.000; Ameri- «m. 9.WO. tinecuUtlou and export, 1,000. Rrolpts, 10,09: American, 2,000. Futures opened qnlet. Opening rrerloua Range. Clot*. Cl 5.84 5.784.78 5.1 IS 1.77-5.78 1.754.74 5.71 5.74 5.004.70 5.444.55 6.044.9 f.434.42 f.684.9 5.43 6.634.43 6.68 6.42 6.04« 6.58 _ 6.42 6.48 5.44 1 to 2 up on distant mouth*. Look* like Price aelUnf. .*•*>!••: “Manchester active and doing a large hualne#*, therefore ex pect good demand from the trade. Market J 50 ? 1 * un,1 r i r . ,onr nn,! "OJ favorable circumstance will cause an advance. Interest la centered In the July k*.,™- ment, nud new crop la helug fairly held by reason of tbe transfers. 7 Norden offering July 1 point unde ber. Mitchell mid lVursau buying. New Orleans. J-nw l8.-Uverpool la a shade better on crop and quite aa high on fall months as expected. Its ef- fect on our market should be trifling and w “* PWbohly Ih* overshadowed by the conflict between a continuance of liquids* Journal of Commerce say a: “The price revisions that are being announced are making for leas weakness In the market. At the day a opening announcement* were made of the lutentlon of some distributors of wide sheetlnga to bold the prlcea which hare been preraiiiag on the ground that they have no goods to sell and lowering c .* nnot help matters with them. Although changes have been announced In standard tickings, several mills will make no change for the present, their product being add for a few months, and there being no difficulty -in disposing of spot goods. Announcement was made of ad vances In tome Uncs of bleached sheetings. Disappointment was expressed among dis tributors of tome lines of prints because an expected action looking toward fixing the season's prices waa not taken during the day.” Considerable selling of July on the open ing weakened the eutlre lilt, bat undertone now shows some Improvement, aa the ringside Is working on the supposition that some discouraging crop report* will soon be received owing to continued absence of rain In Texas. Jan.* Jonr-July ... Jnl.v-August . Aar Sept. ... fcft.-Oet. ... Oft. Nov. ... Sot.Iiw Pw.-Jsn Jan.Fob Fdi. Mnrch .. Closed easy 5.584.40 6.43 6.41 6.41 TODAY’8 PORT RECEIPT8. The following table shows receipts at the todny, compared with the same day 1M4 1*05 Xrw Orleana LalTPaton J«Mle "•»ann«h charinton »G!mlnBtnn ,,,,. Jnrfoik Baltimore Beaton roiladelphls 2118 8063 idl 336 148 : i 394 *H7 2489 It m 8062 *’44 27 Toul 7490 14440 INTERIOR MOVEMENT. 1904 IMS fl*nton 3171 2668 A»e»'n 38 :-v* Meftiphi* * f Louie 51 ■»7 Total 4926 • 39M v estimated receipts. . >ew nrleana expects 1,600 to 2.M0 bales, ifiiT 'r 74 nc tnal I"*' year: flalveaton, iff 1° 2.W0. against 6,807 actnal laatyear; {jjastnn. to 800 bides, against 6.417 ac- last year. COTTON SEED OIL MARKET, tn. i“ r *i Jus. lJ.-The market for cot- S.**l oil was dull and a trifle eerier "« tho Aetna ml for spot oil for gfllratlon rather small offering, tondsd to JJJonro iTlera. Tho tnsrkot at tb« eloee unrb.nfed to He lu. {«» j«oi<»r „ ES 1 " si *Y?«l>er mi °°s-l eteady. long. Today - , map shows oxrollont rains In the ventral portion of tha belt, hut Texas still remains dry and clear. Tho oastern belt It cleer and temperature# throughout are somewhat lower. null brokers have been free eellers of July. Private Wire to Were k Leland. New York. Jnne 1*.—Cotton opened heevy. The feature tvna the weeknuss of July. Commission houses generally hiving soiling orders, n continuance of the llquldn- tlon of the peat few day*. The new cfop wee comparatively eteady. 10.44 for 5,000 8chill I ding : i December. Dsllae. Tex.. Jnne It.—The Dellae-Galves- ton News' first report ebowe tn Incroaso In acreage In Toxaa of 9.0 per cent. In dian Territory 19 per cent and Oklahoma 19.3 per. cent. Condition, as compered wfth the tame time last year on this bails, Taxaa, la 1017, Indian Territory 1014 and Oklahoma KB.1. The crop In weitcni Texas particularly has. suffered from too much rain and In aouthcru Texas Is suffering from drought, liut aa a rule weatber Is * - ' ' ‘ l of cnltl- an almoat tgea reach- for cotton dl cleaned. reported fnvornldo nnd the etate of culti vation good. Notwithstanding an almost universal aenrelty of labor and wagea reach ing np to 91.50 a di —" — choppers, the fields WARE <L LELAND'S DAILY COTTON LETTER. New York, June X».—Operations In the cotton market represented a con tinuation of the trading prominent for ttsro daya now, namaly, the liquidation of July and selling of that month by those who did not deelre to take up the cotton on delivery day. From the open ing of the market a stream of July poured out and the eelllng wae various ly estimated at from 50,000 to 75,000 balee. Not since the wholesale liquida tion around Uc has there been any thing like the eelllng that characterised trading today, and as a result the whole market waa unsettled. A pe culiar feature of the operation waa enormous purchases of October and December against sales of July, and os a result July went to a discount of several points undsr October . The weekly weatber report could hardly be called favorable. Damage Is uld to have been Inflicted by ex- ceselve rains In the eastern portion of the belt, while the drought In Texas la stated to have assumed eerloys pro portion*. On the report price* ad vanced several points, but renewed liquidation In July started a decline and the general ton* of the market was heavy. Conservative operators, however, see nothing In tha preaent weather conditions to Induce celling of the new crops. At the momsnt It con tinues to be a scalping market GIBERT A CLAY’s"" — DAILY COTTON LETTER New Orleans. June lA-Rarly cables ex- , reseed complete satisfaction at the ex cellent trade that Winchester report«1 end were espectent of s steady end higher market In conaeqnence, but later In tbe option! developed considerable week- m probable heavy liquidation and closed « to 7 points lower on near poelttone nnd three polnta lower an the fell months Hpot sales were lower by 1 point, eel re KWO bales. The eontlnned heevy idling of Jnly by the' local bull crowd largely cen tered the Interact of the trade In that pa- eltlon, bnt tbe new era, months displayed eery little If any weakness, owing to the expressed fair tbit the drongbtft south western Texan wan rinsing serious delay In the derelopment of the crop In that sec tion. The government a weekly weather re port bore out this rooeern In no uacertal t ■ i.ji^soJ that ■enarall, mi AT GENERAL GAINS SUCCESS OF PENNSYLVANIA LOAN INFLUENCE Caused Room Traders to Buy Stocks All Through the First Hour. By Prlrate Leased Wire. Neir York. June 18.—The tiro develop ments on which today's market chiefly turn «d were tht announcement of tbe aucceaa- ful floating of Pennaylvanla'a Paria loan and a asnsatlonal decline to tbs aecurltlet of the city traction merger. Pennsylvania atock, which closed Inst night at 128H, went on running sales at the opening this morning aa high as 131 It waa evident, however, that-the extreme quota tlona of tbli rise were due to frightened covering, pure hate*, and a recoil as violent almoat aa tha advance followed, r The general market opened with a rush of buying all through the Hat, which carried prlcea up a point or so for the leading Is But Immediately notice bail to he taken of the extraordinary weakness In the Interborougb-tfetropolltau shares. The common atock, which had held out stoutly for several days, waa popularly sup posed that unllmltfd support was to be ex tended at 60, started out with sales nt 48 to 4SH, and In the next few minutes broke wide open. By the end of the flrst hour the common shares were down 7 points and the preferred nearly 2 from last night's closing* For « while the rest of the mar ket wavered under the shock and prlcea reacted sharply. Bat there waa good buying power alt through the list, and by noon sufficient evi dence had been given that tbe market as a whole had cut loose from the Interborough movement. GOVERNMENT WEEKLY REPORT ON WEATHER was abnormally low during the forepart of * * ‘ *i lu tbe latter pert. .... the normal. The nights were too cool. IUInfall under one Inch occurred over email areas In central, northwestern end extreme southern coun ties: none elsewhere, end was deficient verywhere. A general, soaking rain Is Alabama (Montgomery)—Moderate temper- turee and showery weather prevailed. The rainfall was light to moderate over the western half of the state and heavy to ex cessive In eastern counties, breaking the * >uth which has prevailed In scattered 'Hoot. High triad* accompanied tht rains In‘totne eastern counties. Georgia (Atlanta)-The weather was cool. cloudy nnd disagreeable, and rains were drflly occurrence In most districts. “ * to 5 d» mean temperatures were 2 to 6 degrees l» low normal and the rainfall decidedly ahovi the average. The rainfall on the 12th, 13th, 15th and l(th waa excessive, total amounta above 7 tnchea*bring reported from some stations. leoulslann (New OrI#ans)-L!gbt showers occurred In scattered places on two days, but normal sunshine and dry winds laten- ** * ‘routh generally. The ... re tbe normal la the southern portion and slightly below In tbe north. Hlnleslppl (Vlekebnrs)—During the fore part of the week nlfhts were cool, and during the letter pert the detre were hot. Tho menu temperature was sllihtlr below normal. Coploue showers fell wrdm sdejr, except In (be extreme western portion. Where the rainfall wae light. Tbero wae much eunehlne. North Carolina (Balelgh)-The week wo, generally cloudy, with frequent rains aver aging three Inches aborn normal. da ter. Ye latter indite t _ __ . 'Bi 4 degrees Ytelow the nnrmal. Oklahoma and Indian Territory-Ideal bar' net weather prevailed during the week, the iky lielng generally clear. Tha aarly of the week wee c pnrt the week root and the latter Month Carolina, on eeroont oi frequent sl_ excessive rain; and Tessa snd LonMana. owing to the more serious aspect that the drought hex assumed. . CohOAeoce on the part of those favorable to higher prteee ’LL a. m-.l kn, lief I* dllHMItri# hriVArAP. In this new phase of the weal support of consequence la notk-ewu«r ..™. this source, end It now appears as If the market would work lower on news of any favorable character. . , _ _ New York. Jane It.-Ckaries D. Freeman. In hie circular letter today, says: "In previous dispatches 1 endeavored to analrie July position In New York, bnansa- „ xr&’ei&uBz#a natural forces wfil make the market sad KvasM p&SSf with 'thSJJ 0 "’acSrii^'nm?.” ttot the cooatry la la reaction from Its extreme nass-cEssf-iMi ‘.siiMas the requirements. the week lielng —, ------— Booth Carolina (Columlilat-The week we, generally cloudy with frequent mins. The precipitation averaged about 4 Inrhes In ox- cres of the normal. Temperature waa I de gree* below the normal. Texas (Oelveetonl-The week wae gener ally fair and warm. Light scattered ehow- ers occurred on tbe l2l7i end Mtft, hot the rainfall waa decidedly dellclent and drouth In southeastern counllee his hecome verj serious. Moisture Is nedeed In nearly nl portions of Teiae. Tennessee (Neshvlllel-The temperature areragetl conelderaltly Itelow the nonnal nnd was unusually lower on the I9th and 14th. Hhowers recurred from the 15th to llth. but mostly In the eastern aactlon. the greater part of western lection* receiving very light rainfall. DROUGHT IN TEXAS; TOO MUCH RAIN IN EAST New York, Jnne It.—'Die Run upshot wae a drop In July hare i Orleana on liquidatin'- —• — tbe next crop moot! drons'" RANGE OF NEW YORK STOCK MARKET Amalgamated Copper Atlantic Const Line American Sugar Iteflulug Anaconda American Locomotive.,.. d« preferred American Smelting Ueflultig do pr^* Atchlmm American Votton OU...T...... do preferred •hlmin do preferred rlfi 5 « ..... s. ...soet.eee e ssewyeeeo do preferred Colorado Fuel and .. Central Leather.*.,k ........ do preferred Chicago aud Great Western Chicago, Milwaukee and SL Caul... Delaware and Uudson Distiller's Securities.. Brie * do preferred.., General Electric., IlllnoU Central American Ico Securities leoulsvllle ami Nashville Mexican Central Missouri Pacific New York, Ontario and Western... National Lead Northern Pacific * New York Central Norfolk snd Western Pennsylvania People's Gas. Steel Car Pacific Mall i....: ! Heading Republic Steel... ltock Island .- * da preferred.. Cnfted States Rubber do. preferred Southern Pacific.. Southern Hallway do. preferred Hloss-Sheffleld 'ennesscc Coal and Iron >va* nud Pacific Union Pacific United States Steel da preferred............ Vlrglnla Carollns Chemical uo. preferred Western Union “ 1» Wisconsin Central.... do. preferred * * TIPS PLASHED Pram Wall Street Private Wire to Ware k Leland. New York. June 18.-London *4 to % higher and should create rallies, especially In Pennsylvania, for official announcement has I wen made of Its 350,000,000 S64 per cent, loan *“ •’arts. ip conditions greatly improved, and while time mouhy Is held very firm, call and short time loans not expected to change A large short Interest exists, hot there are bints of bear attacks being met with on a numlier of active atocka. When rallies ap pear they will b» sharp, and would favor Steel preferred, Copper, Atchison, Union ’aclflc and other good ‘ rhen depressed. Summary of yeatarday's atock roarkat by Dow, Jouei & Co.: American stocks In LondoQ strong, % to , per cent above parity. Pennsylvania placet |S0,000,08) t% pat cent bonds In Paris. President II mlttea agree ■pectlon Dill. fttrong demand for 8L Paul, Pennsylvania and Baltimore and Ohio In loan crowd. week for 1907 delivery sxo Movement of live atock nnd provisions at Chicago vary heavy, Indicating no local trouble from beef exposures yet. and weather conditions generally ron an uslaerod more favorable. Twelve Industrials declined .9 per cent. Private Wire to Olhert A Cley. The atock mark * *“ “ ~ position uow tech on favorable terma sbouu ket at this level. Would buy §t. Paul on the weak spots for market, \ognlati to a mouerata extent the opening™ the French tnnnsy field to us, will be subl Jected to further bearish operations owing to the weakened technique pointed out by us yesterday morning, so that for the pros- 1 cut selling on tbe displays of strength and buying on tbe raided weaknesa will give tbe best results to the dally trader, according! to our calculations, if conservatism Is ctnd ployed and fair profits taken. Tb* stock market sold off yesterday nf ternoon on rumor of failure of -Pennsylva nia loan In Paris, The loan la officially announced ns successful, and some recovery today. I Marshall, Spader A Co.: Aa waa the easel yesterday, we bare a steadier market dur ing tbe earlier trading today, following Im proved crop coadltfofis ami Indefinite an nouncements atKnit the Pennsylvania Innn. but pending other considerations connected STOCK 8ALE8, 11 •- m shares 12 noon .. .. 603.100 share* 1 P- in.. Tio.ioo shares W: v. v. v, ;;SIS! Charlie Jarroth has Just driven up a noted mountain, Arthur'* Seat, Edin burgh, In a 22-hora* power motor car, carrying alx paaaengera. Mr. Jarroth ascended to a height of 1,400 feet. It waa tha drat motor ascent of th* mountain ever made. . German firm* are unable to dll all foreign order* for automobllex. Vic* Conxul Hchlemmer, ' of Mannheim, writes that th* German motor produc tion for 1005 wax 510,000,000, th* export to England and Franc* Increasing 400 per cent. rouxbt In Texa* IlHtaalpnl river nd that today’. hJT'la eooie respect. Early price* government report may —a of a bullish character, ere lower on ell months *• ALABAMA! GIBERT & CLAY STOCKS. iONOL r. COTTON, CKAIN. coerxe. eaovtetoee MEMacaai ATLANTA, OA which were not 'confirmed. The weather prediction. Iwllcatcd aw rata tor eoathern Texas IJvcrpool reported a brisk spot de mand. the aouthcru .pot markets were gen erally steady and currant reports state that the crop la Womlax grama In part* of the Caroline, nnd morale, owing to continued wet weather. If laW le a* scare# aa gen erally reported this may become a rector."— Olhert A Clay. New Oricani. Jnne U.—Ttmea Democratt "Belling July on general prindplee end buying October on tb; crop newe kept the relent on tbe edge of expectancy most of the pemlon and gate reel tone to rcater day's cotton market. It now toxin* to 8» Wid X& TSS rjsssz z evident tkat It le net hr ny meeee Meet- leas With the CaroilMs admitting crop da marc of rnaeeqoenc* and south Texas .till wttbeat xwJi&te. high price Hvem« are enabled te preach, tbrir creed with better grace, aad fewer apol»xtra. and many men hare liegaa te qneetlon the simple reita They have placed la the bearish new Sttp Ttet wklct, te a large'extent, te lhS?b 2‘.y*5fto, t klSratlhlnxa%Stho^ pSaCT-Stt £J«rM « Keeper,.e^jatre^rem. brerlto the merkr*' — — cnq>*'ei^bi >r deuoaKnte7n u mere eeacrete — • ", late tendency."— fcjork tterk Exchange |Ncw Mam Cotton gfh,n*c ,'Chlcaio Board ef Trada York Cotton Excbar.fs. New Orlrsn. Kt'-H HK-asiiV- Liverpool C(rites AmnetanM *** York Ceffee Exckrn*. i.Vcw Orlcen. Jlosrd ef Trade dmlseetea imttoo Excxaagm THE METAL MARKET. By Private Leased Wire. New York. June It.-An rosier .tendency Coffee Exchange /: . prfrata Wire* to all Exchange*. ^ ,e *l sn^ L«*i Dlitinos T*l«pnon« 5284, W. R. FAGAN, Managsp. ■ wore ■sehasged. NOTES ON GRAIN Pointers on Provisions. Private Wire to Glbert A Clay. Chicago, June 19.—With th* exception of s little rain In the Canadian uorthwest the weather map Is Ideal. Liverpool pool 94 to Hd lower. turned sellers. Considering the severe decline In course grains yesterday* wheat held relatively stubborn, due no doubt to the fact that the 1 tears have been so Imdly whipped of late that they have not the courage to fol-i low up an advantage, hence It reqlurrd very little support on The part of the bulls to G prevent material decline. Tbe only thing Biat we can see to auataln values la aome| serious crop accident, Chicago Rccord-IIcrald: Rain over Hun Jay through Nebraska made very week grain markets. Wheat suffered less than auythtng else. There was a moderate rash of selling early by the extreme weakness shown in corn and oats, but It failed to dls* lodge any of tho leading hnldsrs, or, lu * any material numlter of smaller ones. JH ter the first rush the market became ex tremely dull and at times acted very weary, A good portion of the early loss neverthe leas recovered later. The Improvemedt waa due entirely portion of the early loi ivrred later. The Irapro rely to covering by seal,.. ■ who were afraid the early selling bud been overdone. The breaking of the western drouth made wild opening market In corn. There waa selling from all directions* but the aggre gate was uot too large for the trade to ah sorb. Nevertheless there was no enthus(- f the new buyers, nod only slightly from the 'iRalna in ’Nebraska had the expected ef. feet on oats. The competition brtwcu sell era at the start waa so fierce that sales were Impossible except at a lower range of prices. Cash grain concerns and larger lug oi play ally to make months. Lard waa under pressure all day from for quantities of other ... pi — — . mailer outside purchasers and n few larger iocal Interests. This finally affected • the other Items, which had previously been fairly well supported. Private Wire to Ware A Iceland. Chicago, June 19.—The Chicago Ocean says: Cajh business In Chicai 64,000 were Msnll Thera waa no business In corn and oats. Almut May 80, whan Jnly wheat sold In Ihlcago at l4V4f. Henteuiber In IJverpopl rna around Ci 7d. Now July wheat la S3c In It of Intel holders of. corn In Illinois and Nebraska. In the aggregate 1,000,000 bushels corn were bought In all poeltlous during the dajr. A Nebraska hous* aald between 500,000 and operating on thf 400.000 bushels, through the corn 800.00 year. Other houses operating belt bought from 10.000 to R» r : nd**'70.000,000 bushels wheat Jblt StvTnMM<C. N. The crop In NchrasIVMBOTMWOTIII fully 10 per cent by the drouth, snd I do not think the rains will help It much. Ir northern Kansas snd Nebraska It has lined ed prematurely. Corn la bnckwanl In Rnnl m Nebraska and Missouri, but In lllluols] looks all right. Oklahoma has n good hulbels to tbe acre/ Contract slocks In Chicago: This La WmIc No. 3 hard No. 3 rail 73.904 No. I northern. MO,149 .to! M.unu ,000 704,000 Iluehenit, of New Harmony, lnd„ nils* from Evansville, says wheat crop. Ilia manly will raise LOW,, Sllji C. l|*I n ||ne erop^n^SntyHHBB 000 huahele axelnet 750,too le.t year. pork hy link ere. Wit. U PEEL. President. ROBT. F. MADDOX. Vies-Pm. THOS. J. PERPLEX, Caehler. JAB. G. LEMTER, Ass't Caehler. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNTS INVITED $200,000.00 $500,000.00 Wo invite accountB of individuals, corporations, banks and bankers and offer tho best terms consistent with 'conservative banking. In our Savings Department wa allow Interest st th* Rat* of 11-1 per cent, Compounded Semi-Annually. ili III HUBBARD BROS & CO. COTTON ’•5 MERCHANTS Atlanta Offlcee, 21Y-III Century Building. Member* New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Colton Amo- i iatlon, Chicago Board of Trade. New York flof- fee Exchange, New York Produce Exchange. Buslneex solicited for the above exchanges. Direct wire service. Correspondence Invited. Phones 454, Long Diitance 34. A. S. I lustace. Mgr. NEW YORK COFFEE MARKET. January ::::::::;; j ISv.'v".”-."::"::’::':: S:S1:S SSito,^ r ;. v.:::::: t:S f m Closed eteady. Albert & Clay's Grain Letter. Chicago, June It,—'The trade In wheel today hx* been rather slow end featureleM. Prices have ruled come lower, but considering th* weakneaa In coarse grain, favorable weather and the amount of wheat that wax thrown on the market, the undertone hae dis played remarkable firmness. The spec ulative trad* has (vary appearance of being pretty well evened up and now seems to be awaiting. further devel opments. A* w* have had quit* a setback In the past few days and aa change In present conditions would jr the bull* we rather favor the buying side on abort wheat, believing a reaction to be more than probable. Com scored a further decline today, due to heavy rainfall throughout Mis souri and Nortlyvaat. Liberal accept ance* nf overnight bids and further liquidation on Ih* part of-discouraged bull*. Home little strength developed early In th* May future, but as renewed liquidation set In market Immediately turned and thereafter rented heavy. TONE AT OPENING STEADHN WHEAT LATER ADVANCED OVER YESTERDAY'S CLOSE. On Buying by Several Bull Lead ers and Commission Houses. By Private Leased Wire. Chlrago, June It.—Tired bull lung* continued to drop down and out—not unlike the last rose of summer—leaf by leaf. The liquidation of long holdings was kept up steadily during the day at the expense of prices. There are still some long lines, however, that the bears are gunning for. CloMng prices for the day showed loraes of 1.40S-S0 In wheat, I-4QIC In corn and 7-84#l 1-8 In oat*. Provisions, 1 l-SO10e Tower. Cash sales were only moderate and prlcea were lower all around. Th* world'* visible supply of groin showed a decrease of 5,300,000 hueheia for the week, compered with a decrease ot 5,747,000 a year ago. Primary receipt* of wheat, 587,000 bushels and corn 1,135,000 bushels, compared with 343,00S and 944.000 bushels, respectively, a year ago. Clearance* were 1,100 barrels Hour, no wheut, 14,000 buahela corn, and no oats. CHICAGO GRAIN MARKET. . Open. High. Low. Cloee. Clo .. IIRAT— i,i 8 a-, i! &* »88 1 July. .40 40U 39«i 39<4 4 ** ** ^ T July. .!4>2tt n.M 18.90 17.00 17.« H#pt. .14.75 14.75 16.40 1*5.7! LARD— iift- m m « :i HIDBH July. .8.40 Kept. . 8.9 US ».8 H 8.07H..8.13H 8.07 8.40 1:5* PRIMARY MOVEMENT. The follmrina figure* give the primary inoveinriit «f wfiast nud corn: Wheat—RwMi.Ih totlny 267.000 Inuthrl*, agnlust 242,00) fiuiliela laat year; ablpnx'iiin t«»dny 1,129,000 bushels, ngainat 9(6.000 bush Corn—Uei'elnta nK‘*l"Ml 296,000 bushels fnst year; slilii today 431,000 bu * * diets i buahela, affalnat 3(3,000 I CHICAGO CAR LOTS. Wheat Torn ... Data ... Iluga .. LIVERPOOL GRAIN MARKET. Wheat opened er: cloaad % to ran* oi lower; 4 U lower; 1:3) * *4 lower. U>wer: I JO t p. m., H t*» H The work of the laat threo yearn In Germany nnd Frnnce la aatlmateil hy Profeaeor C’urrle to have yleldod about pound of radium. America'* $tock nf radium aalt, reduced to the ttrenjrth known aa one million, would half fill a lady'a thimble. The Germana upend on drink In a year about $700,000,000, which la three tlmaa the coat of the army and navy combined, or aeven time* tho coat of lirhn-iry ><hi‘ ,itb>n ib*- t ountry, and almoat equals the national debt. In corn were responsible for the de- * line In oata. Outside of thin there mm Iwaa no feature In the market. On the decline fair buying developed. A* the bull* are still In control and aa they will doubtless support the market «»n any further recession. It look* aa if oata Mhould prove a purchase for at Jeaat a kurn. Provision*.—The only feature In pro- visions today has been aelllnff of pork and buylnir of ribs by foreigners. Mar ket waa quite heavy early, due to liqui dation on the part of local crowd. Fair buying developed, which recovered the decline and caused the market to rule lateody, but dull throughout the re« malnder of the eeaalon. urea of the dty. Looks as if we have had sufficient break tor tha preaent. Oata.—Further liquidation aa result of Improved conditions and keadnesa SOUTHERN EXCHANGE Oldest Established Office South. COTTON STOCIS BONOS (Mill Ground Floor Gould Building. Dally market letter and market manual n ailed .fi np| L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, BRAIN Corrasponient’s Capital $250,000 nKSKSIKNCK. THE NEAL BANK PHONE I4IT. PNUOENTIAL SLOG ATLANTA NATIONAL BANK ■ ATLANTA OA. C. E. CURRIER, President. A. E. THORNTON, Vlct-Preildent. H. T. INMAN, Vice-President. GEO. R. DONOVAN, Caehler. JAMES 8. FLOYD, Ate’S Caehler. Capital $500,000.99 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. iiAift, ^rovisJonI,*3tocks?bonds, COTTON, G Ha. 2 Wall SI., rahri Balldlaf. Atlaah. 6a. HtMBUS. Ham Yark Colltn hthi»gt New Orlaatt Cattaa ittAaa§t. llftrpaal Catlaa Atiatlallaa. rtlrth Wltat la Haw Yark, Haw Otltaat, CUcapa. Ball Haaa 1242. Ckltaga Botrj #f Trada. CkUsaa Stalk htkaaaa. Nam Yark Cotha fukaaga. §. C COT HA AH. Maaat KTro.1 PIEDMONT BROKERAGE CO., (Incorporated.) Betement Floor Piedmont Hotel. •TOCHS, BONDI, GRAIN. PNOVISIONO. INVESTMENT*, Fast Wire Service from New York, New Orleene, Chicago. COSNCIPONDKNTi M. *1. SAGE A CO, 4J BSOAOWAY, NEW YOftOC TOW HOTlt. Matagar lacal aad Lang DlHaata Ball Hhaaa H8t.