The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 21, 1906, Image 11

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t::. I THE ATLANTA GEORGIAN. 11 EDITED BY JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ~) \!r. Lively*# 25 yoarV exporb* jf editing markets In Atlrntn ; the Month has inode him n nixed authority In his apecla v$== Jr HEW YORK DID NOT MAKE FULL RESPONSE. Opened at a Slight Decline and Fluctuated Narrowly All Day. Ipnt In Liverpool advanced 7 points to- 4„t to 6.12d on sales of 10,000 hales. Futures opened S to C points up, which iras better all around than expected. Xaw York should hnvo opened at some •points advance on this showing, bnt In ■tead the session started 3 to 6 points low- T r the decline being attributed to reported I rains In Texas and sunshine In the At; autle states—conditions puking for Ideal (rosins weather for cotton. f A routinuatIon of this condition will In -.re a fair yield of the world's most tin iMirtnnt product alone produced by the annera of the South and uaed by afl peo- [,1m of the world, the demand and con- ■umptlon of which Increases each year, tin- condition# that would benefit the HR ..... a not result lu psnlrky mtrkett, as las been the esse In past Masons. Terse: for the same reason too much molst- irP in the Atlantic states was freely com nested on, yet a revsrssl of these con 41 tons was without perceptible effect on aliening prices. This, with active trading In the early trading. , , . tt Th*‘ weather bureau gives specs! rainfall In Tesns as follows: Blanco, .10; Coral cans. .10: Ijaltaa, trace; Ft. Worth. 2.04; flrtenrllle. .76- Lamp##, Ix»ugvlew 08. Jleiin. .32; Nacogdoches, 1.18; ralestlue, ig ; Paris. .24; Sherman. .28; Taylor, .01 Ifaeo, «6; Wsxahachle, .08; Temple, trace. SPOT COTTON MARKET. Atlanta—Steady* 10 13*16c. New York—Steady. 10.90c. New Orleans—Easy. 10 16-16c. Liverpool—Easy. «.12d. Augusta—Steady, lH4c- Sn \ n im b—Quiet. 1084c. • RANGE IN NEW YORK COTTON The following Is the range In cotton futures in Now York today: J«ast Previous onen. High. Low. Sale. Close. CIo«e. .10.34 1.0.34 10.34 10.34 10.31-34 10.37-40 .10.36 10.39 10.33 10.34 10.33-34.10.39-40 .10.38 10.42 10.36 10.3? 10.38-39 10.42-43 .10.21 10.38 10.34 10.38 10.34-38 10.89-40 .10.37 10.89 10.34 10.3S 10.38-39 10.41-42 .10.36 10.36 10.36 10.36 10.38-39 10.41-43 ..10.44 10.43 10.39 10.43 10.43-44 10.47-48 an. ..10.46 10.49 10.43 10.43 10.47-48 10.51-62 . 10.47-47 10.51-62 h . .10.66 10.55 10.53 10i63 10.64-65 10.684H losed steady. RANGE IN NEW ORLEANS COTTON The following Is thQ’ range In cotton futures In New Orleans today: Last « Previous I open. Illgh., Low. Sale. Close, Close. June 10.74 10.83 Jillv ..10.87 10.91 10.83 10.96 10.86-86 10.91-92 Aug ..10.49 10.52 10.47 10.47 10.48-60 10.6344 Hep. ..10.46 10.48 10.45 10.48 10.44-48 10.47-50 Ort. ..10.83 10.33 10.27 10.32 10.31-32 10. Nov 10.33-35 iai bee ..10.35 10.38 10.31 10.88 10.85-81 10.»-40 Jnn. ..10.42 10.42 10.42 10.42 10.41-42 10.46-47 “ ■» 10.68-80 h ..10.66 10.66 10.56 10.66 10.54-68 ... losed dull but steady. LIVERPOOL COTTON MARKET. Urerpool, June 21.-12:15 p. m.—Demand for spot cotton la fair, with prices steady. Middling uplands, 6.l2d. Sales, 10,000; Aroer- lean. :».4uO. -Speculation and export, 1,000. Kerelpts, l.OW; American, 600. " ‘ e« nncnmi steady. Opening Previous Kan re. Close. CIom. fi.84-6.8C 5.82 6.80 6.81-6.83 5.80 6.78-6.71 Ifer-Jau Jan. Feb Feh.MarCli Closed easy. 5.68-' 5.63-5.64 6.64 6.82 5.68 6.69 6.82-6.81 6.57 5.18 6.82 6.67 5.58 5.83 5.68 6.69 6.54 5.69-5.50 1.80-6.51 TODAY'S PORT RECEIPT8. The following table sbowa receipts at the JKt* t»<iny, compared with the same day Mobile fovannah t'hnrleMtnn ... , Wilmington ... , Norfolk Boston ... ... , j’hlladelphla ... Port Townsend , rensacoln Total 1832 S 6744 INTERIOR MOVEMENT. Houston .. Augusta Memphis v ESTIMATED RECEIPTS. New Orleans expects 700 to 1.000 bales, • gainst 2.313 bales actual last year, Galves- f*!"" aspect* 1,000 to 1,500 bales, against L526 tmles actual last year. Houston ex- P*;t§ l.300 to 1,600 bales, against 1,103 bales •cttmi last year. COTTON SEED OIL MARKET. N-w York. June 21.—Th« market for.cat- "••wl oil n. artlve ud wrak, and •"■►' in tho early call nmonnted to 1,800 -rr-U. There was further liquidation of •"i; nil. with an ibmn of support. It I, ->rt«in that there I. a considerable sent* J-rn I,mg interest (till In the market. Jr-sip “o the Itoor smoag trader, was that 'he -ndlng Interest wssalopoeed to see the »*rkrt lower, wan offering no support, and ™' r " Appeared to be some evidence of ham- 2'Mue for the purpose of shahtnf out Ion* ?'■ , oew crop deUrerten were rompnra- 5yr steady. Prleen at the etoee were an- f b*n*ed to He higher.—Ware * Letand. fane ... . iinlier ... .".. ... b"--tuber <1o»d steady. NEWS AND GOSSIP Of the Fleecy Staple. Prlr.te Wire to albert * Clay. . .Vffi J ““S„21.—Urerpool l-:30 p.m., J hVihJr 1 * * h,r ’ w “‘ expected to be 5 and num'a'nd *«*">• «»* «”"• of ” ib ,n , The market la held steady by buyln* of July by Liverpool to eloae straddles. * New Orleans, June SL-Uverpnol S up on Mjir months and 3 to t on new crop 1, n full response. An advance of nbont 3 points -** expected. Spot sales of 10,000 bales at an advnnce of 7 points should not be over looked an a remarkably .iron* feature. The western and eastern forecasts are all for fair weather todny ( and Friday. Our ndvleee from the eastern lielt indi cate a slight deterioration owing to n little too much moisture and tho prevalence of grata. tart In reference to yeaterday'e R in .r. k fV l at opening on continued liquidation of July. I>o not think It over yet. Recovered In afternoon on buying ou continued drought In Texts. *' * ip shows excellent rains In wei central Texas. Fort Worth receiving 2.04. Palestine .08 and Taylor .01. East of the The market holds remarkably steady, de spite the fact that Central Texaa haa hat! •ome very beneficial rnlna. Liverpool cablet are all bullish owing to the excellent foreign trade. Looks like old bulls are telling July and buying new crops. Private Wire to Ware ft Letand. * w York, June 21.—The Comtne : “There haa been a manifest India..—. tlon to pay any attention to the Texaa alt- nation so far. but every day the market la realising that Texas Is needing rain very badly, and that the story that It la only the non-cotton producing section that la suffering from drought will not do to bsnd around any longer. The licensed warehouse stock here de creased 1.623 bales, touching 130,673 bales, or 18.600 hales less than on June L The certificated stock decreased 1,826 bales, and la 128,638 bales, or 9,700 less than ou June 2—the highest of the month. Liverpool cables: “Market nervous, fear ing fresh decline In New York, bnt Liver- •ool cannot be bearish, with spots 28 ov< utures and crop accounts unfavorable.” New Orleans, June 21.—Heavy rains are shown In East Texas. Otherwise the weather map Is dry. Belief haa undoubted ly 'been given to aome, but not all of the drought area. Futures are quiet, and their undertone la easy on reports of rain In Texaa. especially lu those sections from which the hot wind telegrams came yesterday. Thoaa who are long of late positions are rather Inclined to sell out. Spots quiet at quotations on sales of about 209 bales. moat Impossible to trad TallahaMte, Fin., reports too Much moist ure. Lots ofigrass; labor scarce. Raining fit Haxlehurst, Miss. Liverpool cables: “The feeling here la bullish on suimncT months. The chances are In favor of market Improving unlsss rains have set In." GIBERT A CLAY'8 DAILY COTTON LETTER uivcrpuui. nmiriuux w wiiw iiiii remains bullish, but 'with more especial reference to the summer mouths, and when consideration la taken of the large volume of huslnes done In spot cotton from day to day. If sentiment amounted to 10,000 points, whlls options recorded me point on near positions anu one pvmi ess on the distant months. Tbs continued mt spasmodic liquidation of July alone prevents tho market from lnpolujr Into an almost complete state of stagnation. The tentlve. bnt with llttl y. It appears a# though the foreign nent Is well grounded. Today’# sales ited to 10,000 bales at an advance of 7 gain of trade Is attentive, but with little concern regarding the outgrowth of tbla position and with It finally dosed, a better specula- ' .. h to new crop months f robanlllty have been eatab* have at last fallen In Texaa, the nueaalneaa which the hot, dry weather haa caused. Store than light precipitations are needed, however, after anch a pro longed dry apell to offset the high tempera tures that extend all over the great atate,. Our advices from the Interior convey the Impression that crop prospects on the whole continue good, and that tha plant Is SCORED AT START STOCKS OPENED WITH SEN TIMENT VERY BULLISH. A Flood of Stock for Sale Later and Prices Sagged Sharply. By Private Leased Wire. New York, June 21.—The development of an unfavorable nature In the ateel trade, which did not become publicly known until after buslneaa had closed last night, ab ruptly crashed out the good feellug which yesterday’s Incidents had caused. In Lon don the whole market was encouraged by tho reduction of the Hank of England rate bank. All depart- sharply. But the heavy aelllug of morulug rouverged upon 1'nlted States Steel snares, which broke fractionally be' low the low points of last week. It was urged as a reason for selling these stocks that, while the rupture In the foundry'Iron market wits a matter of •malt consequence In Itself, It might be the entering wedge for a more general and more formldafde reaction later on. What was equally disturbing to the stock mar ket, besides the declines lu 1’ulted States moderate. I In vlsw nml Ohio dividend and the widespread lie lef that other of the Peuiitylvaula subaid- ary companies will- take similar aetbm, the amalf demand for the shares of the preseut stock was natnrally dtscouccrtlug. DROUGHT IN TeYas”" THE DOMINANT FACTOR RANGE OF NEW YORK STOCK MARKET a ms ted Copper, Coast Lin - New York, June SI.—Tha New York Sun iys: The advance In cotton was due to continued drouth In Texas—maximum tem perature of 1U0 to 102 degrees—unexpectedly strong Liverpool cables, with Urge si»ot sales there, reports of boll weavll Tn fifty- July. leadlm August, Oetol»er and after the recent decline. In the esaicH section of the t>elt It Is clearing up. and that la the kind of weather wanted th< The attention of moat people Is rlvetedl the situation In Texas. Halu Is needed all lover that atate, but especially In the south ern part. Hut for the uncertainty about July there would doubtlea lie' more atten tion paid than there Is to the dry weather In Texas. Mr. Price Is supposed to have •old several thousand bales tp Fall Hirer at 13 points on July. This rumor was in circulation everywhere In the afternoon.| Boom shorts covered on the Texas drouth.l Halns In Georgia were resumed.—GIbert ft Clay, friended the staple and at the dost* of yes terday's cotton lup tho usual formaMPVHMHPHPHHH on the probability of a further decline. New York IkHight the new crop persistently enough, high temperatures and reported hot wlnda over Texaa giving !iuf»«*tiis to the supporting movement. Meanwhile, In tha face of encouraging cables, overconfident! I New Orleani sralpcre sold the July option down nearly 60c a bale to bedrock reslst-j •mall fry now. The public Is out of the game and the big fellows are entirely too resourceful to leave any crumbs for tha pikers. A price factor which of late has been brought Into special prominence Is the sustaining fores of the cliff dwellers' memory ae opposed to the half-hearted hope of the old-time bear. Crop^care la over- due, and aonte enterprising longs tried to develop one on the hot “winds of Texas" telegrams yesterday, bnt they were not taken wholly aerlona.—Ware ft Leland. ATLANTA MARKETS. Atlantic Mate,.. aomc In the Held. prevalence of gran WARE & LELAND'8 DAILY COTTON LETTER New York, June 21.—Reporta of n few ■bower. In Texa, atarled a decline In the cotton market thle morning, hut the under tone allowed conalderithle etradlncn and there waa rerr little cotton for uale after prtcea had allp|«e.l off a fen- polnta. Wcok- lien In the atock market led to more or Icea liquidation In Jnlr, nnd thin' option loat pert of the ndveuce acored jeatrnlav. The rainfall In Texaa waa comparative!, unim portant, the beavleet being a little over an Inch lu one place ami two placea allow ing 84 Of nn Inch and K of an Inch reaper- tlvelv. Blarwbere the man waa dear and ircllctlona for tomorrow ahowed no changa ,n the Texaa altnaUon. It la not gener ally known that muar eountlea In Texaa have had Icaa than an Inch of rain In two montha. and while the henry nine earl. In the mm led to good underground con- ditlona. It la not unfair to aa, that tha Texaa altuatlon In growing aerlounna re ported bv the weather bureau on Taewlay. Until good, eoaklng rnlna come In Texaa the cotton market la not likely to go down. HUBBARD BROS.’ COTTON LETTER New York. June 21.-Tbe liquidation of the July holdlnga eontlnnee, allowing tho faith which hail been pinned upon an ad- rame In that delivery, and Ha Sedlna haa affected the new rropa. though the tatter have weakened, alao nnder lhe apparent ucameaa of Texaa rnlna. Ithowera tare been rumored In varlotia localltlea and the nwled general rain In thought now not tar off Butneaa la moderate, though a much greater dlnpoeltloa to Bell ta ebown. Ar- kanmB crop report, are very floe, with “SyraramJct tube dealred the moat prem- laing in ten yearn. Advleea from Fall Bird ray that the manafaetnrera have agreed to grant a reqaeat of the opetatlvea for foil reatorathm of wagea. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit and Limes 75 to fl. Plnrapplea 22.a0 to 13.SO, market at praaent time w,ll (locked. Ilanauaa, atralghta. par bunch ll.M to $1.73. full-, per Imnch, tl to tl.S. Htrawberrlea. Georgia atock, 24-qnart cratra. 11.50 to $2; Tea noire $1 to $1.60 ^WatM-raelona, $13.00 to $30.00 per 100; da- "pobffinr AND COUNTRY PRODUCE— Live hena S to 37Vfcc: friea 22H to 26r: broilers 16 to Live ducks, Pekin 30 to Sc; puddle Sto 27%. Dressed hens, per lb., 12c to 13c; dressed turkeys, per li»., 13c to 14c; very dull. Kggs, per doxen. 1744 to 18c. Butter, table, per IIk, 20 to 2244c; cook Amalgami Atlantic i American Kugnr Hcflolng.... Auaconda American lAK*omotlve do preferred... Araerican Smelting Uefinlng do preferred Atchison do preferred American Cotton OH,..r Baltimore and Ohio Brooklyn Rapid Transit Canadian Pacific Chicago and Northwestern Chesapeake aud Ohio Colorado Fuel and Iron.. Central Leather do preferred Chicago and Great Western... Chicago. Milwaukee and St. Paul Delaware and Hudson Distiller's Securities Brie do preferred General Electric Illinois Central American Ice Securities Louisville nnd Nashville Mexican Central Missouri Pacific New York. Ontario and Western National Lend. Northern Pacific New York Central Norfolk and Western Pennsylvania People's C»ns Pressed fitsel Car do. preferred.. * Pacific Mall Beading Republic Steel........... Bock Island do. preferred United States Rubber do. preferred Soil them Pacific.. Southern Railway do. preferred Hloss-Shcffleld Tennessee Coal nnd Iron Texas and Pacific Union Pacific United States Steel. do. preferred Vlrghiln-Cnrollpn Chemical do. preferred Western Union Wabash do. preferred ;.... Wisconsin Central I do. preferred | TIPS FLASHED From WjUl Street Extension of short covering nnd specialty Improvement seems likely In the stock mar ket today* owing to the favorable develop ments of the last twenty-four hours. The report of n .reduction this roornlug In the Hank of England rate, following the plac ing of Baltimore and Ohio on a higher divi dend basis, which actlou succeeded the suc cess of the Pennsylvania loau, certainly Im proved the general financial altuatlon and * of Wl — — — quickly rut Into _____ mwwl which baa not yet, howevei taros. Marshall. Spader ft Co.: Yesterday's mar ket baa widened the field of dlscussloil, but haa proltably not deepened convictions. This policy on the part of the Interests In con trol of the IVnnsylvnnla group of Increas ing dividends;, at a time when large borrow ings aro being contemplated, should be closely considered by Investors. The news columns this morning coataln rsports of disturbance In the iron trade and sales In Birmingham under prevailing prices. This relates to foundry Iron, as markets ars bare Pacific ysatsrday was ter, and 1 expect to a higher Uptown Sentiment: The very favorable developments which occurred, taken In con nection with the reduction In the Bank of England minimum discount rate this morn- ti^ leads the uptown market Interests to of the Southern Furnace Association and decline of $1 per ton In Iron Is not a bull 19b argument. There la bullish talk on Union Pacific. St. 1'aul, Pennsylvania, Baltimore and Ohio, Norfolk and Western, Cheaar~'*- nnd Ohio, and Connor, but hardly thlnl Southern Pacific for Aggtesslve buying may drive In shorts, but ou good advances would accept profits on all the active stocks, and look fo Irregular- market. that there will be a farther sp i, its reflection of UM Mil.r monetary condi tion, In Europe, lint clrarly Indicating that tho manager, of that Inatftntlon art In no wlao dlaturwd over tha Knaalan altuatlon. It la eonamnantly ballevad that tha foreign political altuatlon may now Im ellmlnatad aa an adverao factor In our markets. Private Wirt to War* A Letand. Now York. Jnno n.—London arm at ta to Vi np oo foreign, and homo operators bay ing. dtw to tho bank of England rtdoclng Its rate to $H. Mates Steels, hot the dissolution $3.60 GIBERT & CLAY '• t ALABAMA »T. STOCK, BOKO, COTTON. O " A IN. COFFEE. PROVISION* ATLANTA. OA. .EMBER* J— York Stock £’* York Cotton *♦» York Coffee .■ Private Win* ta all BgcfeUfM Local and Long Diatano* Talcphona 5298. tb.; In Mb. rack, M ^VEGETABLES.—Irtah potato.., : atock $4.30 barrel; No. 2 atock to $4. ■lets, cabbage cratra, par crat. $2.31 to Tomatoes, per crat*. 12 to $-10. IImiib. green, per crata, II to $1.31; wax M ftqtuuth, jr.now. $1 to n.21; whlta 73c to SI: market overstocked Corn, new, 1$ to 30c pra doara. Okra, p*r crate, 11.30 to $1 ('ncumiwr*. per crate, $0 to 78c, market well Mocked. Pracbee, per ernte, (1.33 to $3.30. Old Iriab potatoes, per bushel, till to $1*9. Sweet potatoes, per bushel, $1 to $1.33. Asparagus $1-10. wi R. FAGAN, Manager. Cherries, 24qttart crate, $210 to $3. Cantaloupe., pe- crate. $3 to $3.10. Blackberries *» ^244c quart. Dewi»erries 10 to lfVlo? noart. FLOUR, GRAIN, PROVISIONS. FIAJUR—Postela Elegant fill: Diamond 2 whit. 74c; No. 2 yellow TJe; mixed 73c. OATH. —Cbo4co white slipped Me; choice white 60c: choice mixed 4*-. MEAI.—Plain water ground, per btuhel. The > atawe~prtcra*ara'f. o. b. Atlanta, and .abject ta tsndsrd granulate .... ——- 444 to 4**; plaatatl COFFEE^ EoaMed Arbackta’i, $16.60; utk. In bags or barrels, 13V; green 10 to *BI4TL^xtarMloa ’414 to TV. aceordtag to ; rade. Market very strong. CIIKEIU5—Fancy full cream, flats l«c;' twine 13%c; bricks 4r. Market strong. FBOVlHIO.NK—Kunreme hams. 14%. Cal ifornia bams l*44r- Dry salt ntrartbi 9.75. j I tellies 3M lbim.pt barks > VI. ptatrs 5.50. fluprsma lard 19. 8aow Drift com- 1 pound 744- nummary of yesterday stock market hj Dow, Jones A Co.: American stocks in London Arm, 44 to )4 above parity. Kentucky railroad commission makes sweeping cut on rates charged by Loulsvll and Nashvlilo and Illinois Central. 8T0CK 8ALE8. U a. ra.e . 13 noon.. . 1 p. m.. . Ip. m.. . Total.. . 249,200 shares 414.000 shares : 1.044)700 shares P NeW York, June IL—Tbs Liverpool mar-* ket was a little lietter than Imiked for at | the opening, with a steady demand for r ^Hts at au advance of 7 points. However, rr seems to be strong oppoolllon In New I York to any advance at this time. There was every Incentive for a strong opening this morning, the weather news showing no relief of the dronthy conditions In southj HMD ale hare lota of Jul i me marxet was unal“ The much-touted bolls _____ bare dlspoiwd of their July Interests and ars said to bare transferred to tbs winter months, claiming that developments soon Indicate that cotton Is cheap at r .._ •nt prices. But they seem to be willing to rest on this assertion and are doing very little. In the meantime weather reports p news a— — j llttl# chi promptly reflects HAVE YOU ANY MONEY AHEAD? Ig It Invented where It Is perfectly isfeT Is It avallablo now If FORTUNE should knock at your door? , Prepare yourself to take advantage of opportunity by Investing your savings In this bank, whore they will earn 3V4 per cont COMPOUND INTEREST, be per fectly safe and available practically on demand. CENTRAL BANK & TRUST CORPORATION, CAPITAL - - - $500,000.00 Asa Q. Candler, President. W. H. Patterson, Vies-President. A. P. Coles, Cashier. John 8. Owens, Vice-President. Wm. D. Owens, Asst. Cashier. r~ ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. A. E. THORNTON, Vise-President. H. T. INMAN, Vlco-Prssldsnt. GEO. R. DONOVAN, Csshler. JAMBS B. FLOYD, Ass’t Csshler. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. J NOTES ON GRAIN Pointers on Provisions. l’rlvtt. Wire to Ware k Lstaml. ■MSS early bidding for wbosr. but tbsy don't want It. No spoctal demand for wheat so far, snd lb. msrk.t Is llttl. wift. If get rhnne. to buy around 83c would tak. on ouiue. there I. n little demand i fiwra vujj iRir. tiutjr |rum mcmiji Rr|itruiuEt sml January lower. No particular feature. Chicago Inter-Ocean: Cash business lu wheat An t’hlcngo yesterday was 162,000 bushels. Including 40.UV) No. 2 rod, said to bo at 65c In store; 60,000 No. 2 hard nt 344c udrr July lu store, uud 40,000 No. 1 north- rn at aliout W' over July In store. Thero ere alao I2,0oo mixed lots. At the seaboard exporters bought 24,000 wheat and 60,000 corn. r ^Hs provision pit figures that Hwlft haa tho pork and may squoei* tho July shorts, as ths price Jumped 60c yesterday. Armour baa the July rllta !>ought and the Heptember ribs sold, lie will take a deliv ery on the July and aort out alt the heavy ribs not suitable for bis trade aud deliver I'Hvkte Wire to Glbort * Cloy. Chicago, June 21.—Wheat cantes show poor response to our advance yesterday and early weather reports are favorable. This may create a little selling tendency at the opening, hut we are having a broad trade and the bull poss.'IdlUlea on weather cun put prices a good deal higher than excess of ore isk of 84c. Corn offerin drollun lu prim farmers would sell to any extunt below a — September. Inga have fallen with price. It doea not look •• If .. _JJd — * " ‘ * basis of 60c fo The Cincinnati Price Current says: Win i»r wheat harvest liegtunlng with Indies Ions of good quality nnd yields Justifying xpectatloiis. Advices concerning oats con- rm story of Shortage In crop. Corn Irregn- ir. Cool weather not propitious, but crop Wheat opened a little firmer with corn strength, and on limited offerings. Trade light nml only little deinntnl neefled to hold irices on the opening. Weather northwest Jsvornlde for growtli of spring wheat and southwest clear and favorable for harvest. Antwerp cables aay continent proapecti for new crop wheat better than last year, STOCKS REVIEWED BY NEW YORK SUN first hour, not ao much on account of the presence of stocks aa a susponsbi nand, whether It entne from p »y shorts to cover or from n legitimate accumulated by the bull Interest, had con tributed the marked strength with which the ‘radfng, opened. Perhaps the dominating actor In the whole day's business was the Jlsltlmore and Ohio dividend question, ns early In the session tt l»ecame definitely iinown that the directors would meet (lur ing the day to act u|H>n the matter, while Tolmldy nine people out of fell lu the nanrlsl community lielleved that the rate « **-- — • would Im Increased Another favorable .rare..,.. ..aa tne inauguration of dividend S ymenta on the common stocks of the iiericati Isocomotlvo C'oinpsn/, hut thta (1 been a ao generally expected that It ex* erte^ little Influence on the price of the res iintunlly not ■HpMpi. ... the jrensral SMiitt. ment. Konthcrn Pacific nind * ^gest advance of any the near approach _______ on account of the destruction of records In the San Franc taco fire, would make a good Impression when published In tbs near future. r, -Ulbcrt ft Clajr. NEW YORK COFFEE MARKET. The following taloe gives the opening iuitlqne for coffee for future REALIZING SALES CAUSED DECLINE WHEAT GIVEN SUPPORT AT EARLY LOW POINT. Slump Was Quickly Recovered and Forced Above the Previous Close. Ily Private Lcastd Wire. Chicago, June 21.—Closing pries showed considerable Irregularity along the entire grain line, 1-4 up to 1-8Q1-4 oft for wheat, 1-801-4 oil for corn nnd 1-84:3-8 off for otttn. Late In the day there were messages from different parts of Oklahoma claiming that wheat la threshing ou! only 8 to 10 bushels per acre In aom>' sections and 10 to 12 In others. In which milch more Is expected. Tim T01" ranch and that territory report* nn average of IS bushel* pnr acre. There was heavy buying on these re port* and prices advanced later, Thl* waa met by good selling. In tin- Northwest conditions were reported ns Idea], the Market Record estimating the crop of the three atatea at 22,J0ii.- 000 bushels In excess of last year's Itnal government report. Woodbury, of Minneapolis, wired that the mllle up there are atlll closing down owing to a lack of demand for flour. Argentine shipments were estimated by Uroomhall at 1,600,000 bushels of wheut and 2,800,000 bushels corn, com pared with 2,118,000 nnd 2,130,000, re spectively, a year ago. Coarse grains closod rather ilow nnd provisions dull. Cash sales here were 80,000 wheat, . 108,000 corn and 14,000 oats. Primary receipts: Wheat, 211,000, nml corn, 633,000, compared with 881,000 and 609,000, respectively, a year ng,>. Clearances for tha day were 141,000 wheat, 167 corn and 1,000 oats. CHICAGO GRAIN MARKET. The Chicago grain market rang'd ns fol lows today: Open. .. JIEAT- Ki «■ sag s &.« as* a Sgi.8 a i. * i July. 47.60 17.60 17.16 17.20 17.60 Heot.flita.70 16.70 16.66 16.6714 16.80 £&. : S:K S-. :if, ft. ., 9.06 S:” 2.90 $-2744 9.30 9,06 f.70 9.17 Hr CHICAGO CAR LOTS. - Today. Toraorrn Corn 4VI 461 >sts lie 164 Inga ... ... 32,000 27,00 LIVERPOOL GRAIN MARKET. Whent (OH-neil 44 higher; 1:30 p.m. !i ta higher; rinsed ta li> ta higher. Com "pelted ta higher; 1:30 p.m. 44 to higher; closed 44 tn 44 blgher! NORTHWEST CAR8. Following (ante glvre tbs ni>rtbwaar rn of grain today, last weak and last year■: least. 1.119 . Today. WVfk. Yen Minneapolis 131 146 in Duluth 61 18 8 Chicago 7 I i — 8 closing quo! (very today la Now York:] . antiary ubrunry March Atirll My July August Heptember.. .. VtolM»r.. .. ,. Vovomher.. .. December Closed steady. HSIS 6.70 6.764.K 4.104.$ 6.96 6.05 6.65 6.106.16 0.30 6.20 6.S4.4I 5.454.60 Cloet. 6.664.60 6.604.0 1704.76 6.154.85 6.854.90 6.00 6.06 6.054.10 110-6.16 6.204.26 0.204,26 6.40 0.45 6.6)4,15 PRIMARY MOVEMENT. The following figures give the primary movement of wheat ami corn: Wheat receipts today, 211,000 bushels, against 251,000 tmshels last year: shipments today. 206,000 bushels, against 182,000 bushels last year. “i receipts today, 033,000 bashcls against bushels last year: shipments today, bushels, against 671,000 bushels last SOUTHERN EXCHANGE Oldest Established Office South. COTTON—STOCIS BONDS GRAIN Ground Floor Gould Building. Dally market letter and market manunl mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Conespondent’s Capital $250,000 RCFERENCe, THE NEAL BANK PHONE 1417. PRUDENTIAL BLOC HUBBARD BROS & CO •y meSts Atlanta Office, 219-221 Century Building. Member, New Ymk Colton Exchange, New Or igan* Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Huilnesa solicited forthenbovecxchangca- Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A.S. Bust ace. Mgr. THOfl. J. rffr.Pt.l3S. Cashier. jab. a. Liam. Aeaft CbnMer. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS ACCOUNTS I KVITKO $200,000.00 $500,000.00 Wo invito accounts of individuals, corporations banks and bankent and offer the bent termB consistent with conservative banking. In our Savings Department we allow Interest at th* Rat* of 11-2 per cent. Compounded Semi-Annually. New Orleans. ware: & le:land a COTTON, GRAIN, PROVESlONSrSTOCKS, BONDS, . fa. 2 Wall St., talert 0ai/flag, Atlanta, Ca. MIMS IKS: Hew Yark Caftan tic ha tne. CWftfi Beard tl Trade. New Orleans Cation lacbange. Chktft Stack (i:b-jf. Urerpool Colton Association. New Ycri Catlee hclaagt. rrieata Wires to New York. New Orleaat, Chkaga. 8.CC0THKAH Vn-eitr. tell Fhoae 120. Standard Hone 7)4 PIEDMONT BROKERAGE CO., (Incorporatad.) Basement Floor Piedmont Hotel. 9TOCN6. BONDI, CHAIN. PROVISION®. INVESTMENT*. Fa«t Wlra Service from New York, New Orleane, Chicago. • CORRESPONDENTS M. *1. SAGE A CO . 42 BROADWAY, NEW YORK. low. HOTlf. Manager Intel a^d Long Pufja-E fr.. Flume 1S9t.