Below is the OCR text representation for this newspapers page.

JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Mr. Lively'* 7. .▼♦•nr*' rxperlenr* it editing market* In Atlanta nnd the South has made him n re«-- ogulxed uuthurlty In his specialty.’ AT LAST HEAVY BAINS FELL IN TEX AS LAST NIGHT. They Were Beneficial, Though Were Little Effective—Slight Decline Shown. Thf drouth In tho trcitrrn cotton belt «i. I.roken joitordnjr. All iwtlooe of Texas had mine—not show- eri. I>ut heavy mini, ns nuu-h ns 4.33 Inches twin* reported nt Toylor, Tex. The New York market opened (enertlly weak, more «s « result of July liquidation thin to the reins In Texes. The July op tion sold Otr to 10.03 In the early trading, hut on henry buying to corner quickly sold Mrk to 10.13, losing most of the advance by erf tihore yesterday 1 * rfoslog. rfelmprom. ment was short-lived, however, and near the noon hour declines were shown as com pared with the previous close. After a spurt of activity at the opening the market relapsed Into dullness. The government weekly report was boll- ■I hut It did cover the reins In Tsxss hales within thirty dsys. By Prlvste Lessed Wire. New York, June J*.—In the cotton market business at the opening woe active and count of Interests In tho South who - supposed to bo very largely short. This rrntually rallied the Hat about 3 points 8POT con ON MARKET. Atlanta—Quiet. 10Hc, New York—quiet nnd steady, 10.30. Now Orleans—Kasy, 1015-29. 1.1 vorjMKd—SAendy, 6.14.1. Augusta—Quiet, lltle. St. I.mils—Quiet, 1074c. NEW'S AND GOSSIP Of tho Fleecy Staple. Private wire to Gibert & Clay. m N *w« Y * rk ,' June »■-Liverpool at 12JO p. m ' 1 ,oww o« this crop and 64 on next. Expected to be 7 lower on this and 4 on next crop. Price Iasaes a circular making the eondl Uon 74 per cent, against 77.4 laat month. ftalnlng all over south Texaa. Norden bidding 1(»0 for 5,000 July, New Orleans, Juna' X—Liverpool 6 down on near and 6 down on distant months Is potter then due on the former and worse than expected on the latter positions. On our market It should have ueen about 8 crop 1 * l0Wef 00 J “ X tn(1 4 Iower 00 new *• *ra«rally for unset tled weather, with showers and thunder storms In Louisiana and Arkansas nnd showers today and tomorrow In southeast Southwest Texas fair and warmer a . nd I,* 1 * 110 ® °f district partly to Increasing cloudiness. i afternoon; very Map shows excellent and general rains all over the belt and the drouth In all sec* tlons U broken. In some parts of Texas, notablv the Southern, the precipitation Is very netty. 4.22 inches having fallen at Taylor. The weather la cloudy and tern- peraturet are lower. Private Wire to Ware A Leland. nets especially not also weak on bearish weather map. The only buying la from shorts, which la not enough to sustain prices. Market acta heavy and think It a sale on any advance. Schtll bidding 10.12 for 6,000 July. A little rally here, doe to local short < ring and a little buying by comralsi houses. Seems to be lot of July for a which la tendered to check further vance. L. J. ANDERSON & CO/S DAILY COTTON LETTER New York, June 28.—There was further quidatlon of July at the opening thli .turning' and nn effort made to break the market below 10c. But at 10.02 such resist ed and July sold up riw> was aided by steady cables from the Liver pool market Traders on that aide are RANGE IN NEW ORLEANS COTTON The following Is the range In cotton futures In New Orleous today: « I*o st Previous Open. High. Lore. Hale. Close. Close. June 10.60 10.51 July .10.56 10.87 10.62 10.66 10.6647 10.6244 Aug. .10.46 10/50 10.44 10.60 10.4940 10.44-47 Sept ..... 10.2246 11.3446 Oct. .10.19 10.21 10.16 10.22 10.21-22 10.21-22 Nov 10.22-24 10.22-26 Pec. .10.20 10.26 10.19 10.98 10.25-26 10.25-26 Jaii. .10.27 1041 10.26 10.90 10.3143 10.3243 Mch. .10.43 10.43 10.43 JO.41 10.44-46 10.44-46 Closed steady. RANGE IN NEW YORK COTTON. Th* following Is the range In cotton futures In Now York today: I-n.t Frevlons Open. High. Low. Sale. Close. Close. June. ...r. 10.11-14 10.10-13 July. .I0.IW 10.14 10.03 10.14 10.13-14 10.11-12 Aug. .10.10 10.35 10.15 10.23 10.33-24 10.19-20 kept .10.20 10.22 10.19 10.22 10.21-23 10.24-K (let. .10.24 10.23 10.21 10.2* 10J6-26 10.2S-27 Sot. .10.* 19.27 10.* 10.* 10.27-29 10.23-29 I TV. .10.30 10.it 19.33 10.32 10.32-33 10.3344 Jan. .10.35 10.31 10.33 10.37 10.24-37 10.,-“ Feh. .10.17 10.« 10.38 10.37 10.27-30 10. Heh. .10.41 10.42 10.40 10.U 10.42-43 10. Closed steady. LIVERPOOL COTTON MARKET. Liverpool, Juno 26.-12:15 p. iu.—Snot vnt ten itiifi, with prlvea unehnnged. Middling nplnmla, 9.14. Holes 6,000. American 4,600; •peeulntlon nnil export 600; receipts 10,000, American 8,400. Futures opened easier. opening Frevloni Itance. Close. Close. June 6.826.86 6.66 §.r 6.114.33 LSI Li 6.77 C73 6.48 L47 L63 6.6*4 ... 6.864.13 6434.64 6494.90 6.164.63 L62-L63 6494.69 iO.3949 'o!«46 July-Augnit .... Aug.-Kept. Kept.-Oct. ...... <M Nov N«v.-l»cc Itec.-Jan Jsn.-I’tb Vah..March .... Hosed steady. 6.82-6.61 6.67 5.73-6.74 6.664L59 6.64 IfitS fi.6J-5.44 5.694.90 L644.66 5.00441 462463 MSS TODAY’S PORT RECEIPT8. The following table shows receipts at tha ports today, compared with the same day I«»t year: Rw Orleans....; Lnlveston Mobile Pa varnish < hnrlcftton Wilmington rminaeiphla ... I'pnwirofa .. Fort Townsend !• mnclaco Total INTERIOR MOVEMENT. * inclntiatl 2799 3181 tu £ an not Inclined to follow the preeent decline, •rices being regarded aa low enough. In 'act, Liverpool wonhl look with more favor la looked upon aa purely The fear of JuJy^ notlce day J* Imuglug over the market at present nnd until Is out of the way we cannot look for de cided support, but prices — enough the 10c are now near i 10c mark to look attractive. | PIEDMONT BROKERAGE CO/8 DAILY MARKET LETTER Neyv York, June 26.—Lower quotations from Llverp<afcg|tiMaAHmMtaiMl|M|H there, nnd dlPMIIIIPRpilIRMlWIREIV under preaaure all the morning. As notice day approaches, farther weakness develops, and It seems there la still a large outstand ing interest in the summer months. Notice given by a prominent bull operator that ho baa liquidated his line of July cotton, and reasons given that Insurance rates are con siderable higher, nnd the fact that tho cot- I ton In New York Is of ah undesirable quan tity. The crop conditions are atill perfect, and the new crop months are showing ef fect* of this, and are slowly following the decline In the summer ihonths. From now on the market will be leas under the In fluence of liquidation and Its level will be I reached. nHtocka—Stocks continued on their down- ard course this morning nnd new low Kcords were reached. Bending was the weak feature, and tho Irregularity dis played througnout the list shows tlioro Is some support to various stocks. The acntl- Intent la universally bearish. There was heavy and nuitlnuons pressure against the Hteei share*. •»•! the effect of tno discus sion of the t. 1 .T question has no doubt had some Influence on these shares, also the open fight of the. Independent steel con- ceres In rutting price and antagonising the steel troat. Stocks are down from 6 to 10 points In the past week, and a rally should occur and we l»elleve purchases mada now will show good profits. E8TIMATED RECEIPT8. 1.&* . Hnunn ye«r. - <mrau rxprcii i«t 4,843 actual last year:. Galvvaton, '» 1,60). agalnat 6407 actual tart year: ">n. M6 to 700, against 4*3 actual WARE A. LELAND’8 .. DAILY COTTON LETTER „ Yark. June JL-Followl.c the heavy ll'iuMauou of yesterday, there was a very B"a.|y martot .luring the greater Part of '"c -radon Today, ftls was due to abort levering of both new nnd otd crop; on the Weak, and In nplte of the rainfall In the •tat. of Texan, where the prwtlplt.tton •mounted to from 1 to 3 Iwhen. than relltv; 5* the drouth la n great many portions of !*"■ Mate, prices held very well and aborts i^ned won anxious to gat Into cotton than jut not wore, operations wecnMi a rather ratenalr, Kale early today, when aelllux *5 henry, bat on the break buying started — llfte-t tile market lack to la.t night’s prices. The tone was uncertain, ow- lug IO tbs approaching notice day on July, but there waa a general feeling that around 10c the worst bad been discounted. With the rains In Texas the crop la plnced In n very good position and general reports are now of n natlafnctnry tenor. ITndtr these clrcumntnncen ft will bo rather difficult to bring .bout much of an nd- vnnee In prices, particularly In view of the decllna In the atSek market and tha extau- •Ive liquidation that hat been going on In July. On any advanco It la mora than likely that cotton will ba for aala nnlcaa wa have another bad turnof waather. New York, Jane 24—Thera was a bunt of liquidation soon aftor the opening of the stock market this morning that carried, prices down In a break. It was jam to come from pool, Inauranca and Indtridual aonreea. There waa no aqpport except wale down, *nd that prodaeod by abort waring. Tho opinion waa exnraaawl during the course of the aearion that tha only way tha present political situation could ba racon- cllcd waa through a HqnljUtlng market, which acema to be taking plan. Owing to tho conflicting nature of the various farters, however, we are of tho opinion that the safer poller will be to maintain a Mutrtl position. Wo would not sell atocka on 'weak spots, but upon rallies. In buying, the beateoome would bo to oelnt dividend payers returning mora than 4H.P-FMJ* on tho amount of rapltnl invested, and wo would boy them only when weak, after driven. The Unsocial situation !• ten m- certain nt present, nnd tho Mofeamsnnl element In evidently organised Into nntrwg hear party. It In necessary that moderate pSfltsVbould tw nought, and that the atop- firdtr should ha • employed to cot aaort IWervatUm^wfll repay thoaa who exerctso It during the next ten dayn, on whichever aide of the market they may aeo lit to act. . > COTTON SEED OIL MARKET. New York. June A—The market for cot ton need oil wan moderately active and a Uttle steadier, prices showing a gain of Qc SA“ however^ ffi. KtoaV^r i& Ahsanca of new* on tha vrop sufflrlant to InfloSS* tba aottan matkst appears to b# nsi u .r a «w ssr&a/t «;• Itrae rirae wrto unchanged to «c higher. -Wan 4k Leland. September Cloned steady. PRICE OF STACKS OPENED. HIGHER MARKET WEAK GREATER PART OF FIRST HOUR. Prices Slumped on Selling and Bearish Sentiment Became Widespread. Bv Private Leased Wire. New York, June 26.—There was no change In the esHentlal features of today's market from those of the previous days. While operators for tho decline were still much lu erldence and considerably a factor lu depressing prices, there was a steady out pour of liquidation. This selllnjr, while not « tate. nevertheless seemed to be lira- ■ •ill' 1 ' l lit* iiMlll \ .'f t It* market to take It without a violent break. The general aspect of the dealings, the same aa yesterday's, was that of constantly sagging quotations nil along the line, with no resistance to amount to anything In any direction. . _ . No one group of stocks suffered more than the rest. Tho lasses were amsC severe aat> urslly In the highly speculative Issues, like Beading. Smelters, Coppers and the small - ' ■ ImN. I>nt thf HlMiKliti-l slinr- s for th” most port were equally weak, testifying to a scarcity of buying orders from really 1m mrtnnt sources. In the case of the spccli * _les with n nnrrow market, the pools as rule seemed to bo standing aside and let ting mntters take their course nud what !■ v o(Tf r I tuts of t llfHf KtO.’liH W.Tf at all were token only nt wide concessions. !• 'h” stork mnrkft thf m.ijorli\ of t he active railroad stocks showed advance* at the opening, extending to H In Southerji i , 1 ill, . The l •ol-l’.T Sto.-ku U ,Tf )V • !lh. Anaconda nnd Smelting off lU^ind Amal- gnraatetl *i- Delaware nnd Hudson was - the market was active and weak, and on the selling prices made further deep following yesterday's slump, and the sentlmeut became widespread. Governments unchanged. Other bonds ac tive and lowar. RANGE OF NEW YORK STOCK MARKET] Amalgamated Copper Atlantic Cnest I.lne American Sugar Bcflnlng Aimoomln American Locomotive do preferred American Smelting Befitting do preferred Atchison do preferred American Cotton Oil i9t»*t»**» •'-••'more ar"* Hyn Bn Han l»i Chicago nml Northwestern Chesapeake nml Ohio... Colorado Find nud Iron Central Leather... do preferred. 11 a. hi.. 12 noon.. 1 p. m.. 2_n. m.. ’rttal .. -8TOCK SALEa .* •.. .. .. .. ’486,400 shares .. 721.500 shares .. .. 847.700 shares .. 982,000 share# 1,171,600 shares ATLANTA MARKETS. FRUIT8 AND PRODUCE. Officially corrected by Atlanta Fruit and Product* exchange. Lemons 65 to $5.60. Limes 75 to 61- Peaches, per crate. II to $1-60. Pineapples S3 to (160, market at present time well stocked. Bananas, straights, »►■»•■ bunch fl.CO to $1.75. Culls, per bnnoti. Si to 11.25. Wtaermelons, 110.00 to 120.00 per 100; de mand good. POULTRY AND COUNTRY PBODUCB.- Llve bens 35 to 37H < 'i fries 224 to 25c; Ol BERT & CLAY 11 1 ALABAMA ST. STOCKS. SONDS. COTTON. CHAIN. corvee, pkovisions ATLANTA. OA, Irak s*ock rxriMntsJSrw WS* <W* ?•» York Cotton Exchxne-.-N-w <)ri**n« S>«-k Ei'- .f l •«w York Coffee Kxchtuxr I Now (Jrte.n, DoarJ of Trad* • Cotton Kxeh.nxr ICWrafO Board of Trade j Wire, to .11 Exehxn^ra. Led and Lons Dlrt.nc. T.Iiphon. 5299. W. R, FAGAN, Man.nir. I'- a * t if a *svi __ _ Live ducks. Pekin 30 to 85c; puddle 26 to 27Hc. Dressed hens,-per lb., 12c to 13c; dressed turkeys, per lb.. 16 to 19c. F.ggs. per doseo. 174 to ISc. Butter, table, por IhJ SO to 22V&c; cook ie, per lb., 13to 16c. " Honey—New Mi 10c lb.; Iq 1-lb. racks 10 fi VKOETAl)LE8.-Irlih potatora. No. 1 stock 94 barrel; No. 2. stock |3. Beets, cabbage crates, per crate, 93 to 97.60. Tomatoes, per crate, 92 to 91W. Beans, green, per crate, |l to 9L2S; wax 60 to 7oc. Bguaab, yellow, 60 to 76c, to 91: market overstocked Torn, new, 16 to 20c per docen. Okra, per crate, 91.60 to 92. Cucumbers, per crate, 60 to 76c, market __ 2fW* Quart. Dewberries 10 to 12H«? quart. FLOUR* GRAIN, PROVISIONS. FLOl’R.—Pont els Klegnnt 96*36; Diamond patent 96; fancy patent 95.l0r half patent 94.10 to 94.36; fancy 93.90; spring wheat patent tS.6006. Market strong. 1 COHN.—CholFe red cob 76c; No. 2 white “1c; No. 2 yellow 73c; mlaad 73c, OATS—Choice white clipped, 62c; choice bite, 10c; choice mixed, 49c; Texae ruat roof, 60c. MEAL.—Plain water ground, per bushel, 73c? bolted 140-lb. Jutes, per bushel, 69c. Shorts, white, 91-40: medium, 9l.»; brown, r.JP: pare hrnn, |L|9,* mixed bno, IlA\.—Timothy, choice largo l.sles, 91.10: do., choice small bales 91.14; da. No. 1 timothy bales, 9L06; do., No. 2 91; da, No. ] clover mixed 91.06; do., No. 2 closed mixed CLOVER —Choice 90c. Tho above prlr*-a nro f. o. b. Atlanta, and subject to immediate acceptance. GROCERIES. SUGAR.-Standard granulated 6c. New York Refined 4V6 to 4H; plantations 414 t® 4, fe»% l il-BoS?5I r ‘ Arbuckl.’. 115.89; balk. In ban or b*ml«, 12%c; pm 10 to 12<-. M.rk.f m*k- lUCK.-i'arnllua 4H to 7Hr, iccordlnf to *ci , |EBBK-Kfr ilnlrr, 14c; twin*. IMLc: brick, 14c. Market «trang. PnOVIHlONH.-rSupreim- li.m. 14V. Iiovc bam. 16c, California tun. 1 .'v: H. -l Crora hanuu 16c. Itr, nit extra nh. 9.76; t. lll.-u 9)5 lb,. 10.10; fat back, f'i: plot., *t*c. Hunrcmii laM 19. M Cron toe. Snow Drift compound 754. ltcd Cron 784- MV.n..b 5.^190*;-;;;;;;;;;;;;;;;; JW 1911.. A 106 Chicago and Great Western Chicago, Milwaukee and Ht. Paul Delaware and Hudson. Distiller’# Securities do preferr^!.T.!!!!!X!!!!l!.’!!!!!. , !!!!*.!i;! ! General Electric Illinois Central...; American Ice Securities. Louisville and Nashville Mexican Central...... Missouri Pnclflc New York, Ontario and Western Notional Lead Northern Pacific •••*•• landing Republic Steel Rock Island da preferred Unlterl States Rubber do. preferred...... Southern Pacific Southern Railway do. preferred Sloss-Sheffiebl Tennessee Coal and Iron Texas and Pacific.. 1’nlon Pacific United States Steel do. preferred... Vlrglnla-Cnrollna Chemical do. preferred. Western Union Wabash do. preferred.. Wisconsin Central do. preferred WV 9i\i\ 96V 994 1M I 136 , ■ ■ 131 MI , 1£>4 1304 1394 1304 2224 245 | ZZS 245 2144 1«;4V 1404 1424 30% 30% 30% nn ns ii7 76%' 77% 75* 1604 1&»4 JW4 m Hi 4 I’i4 177 174 217 215% 5*4 .•.t* i*a>n Dn*e M $ 85 K1 163 I 163 1624 1764: 1764 176 604; 61 69% 143 i 104 141 yf 21% 2lK\ 128" -<4 •^SJ ?j4 ?4% ttfk, w% *t% 1304 is 1194 1464 140% 115 ; 115 11&4 R»y s.»% gs4 77% 77}C It'jlU. i.-1 *. 68 j 57% 484 4S% 36% 37 1014 » 7 136% 1304 l: 714 163 163 1764 1764 604 60% 1484 1424 21% 21% 96%! i»4% 2$I i.«4 ... _ — „ R9%t 90% 9*)% M* 474 47 474 474 47 .....J Tj 964,' iis^f iM' 35% 99% I _ 72 70ft 1534 152 314* 3'% 1464 1414 3641 36% 464 S3 W4 ( hn% I634 ir^% 114' 31*^ 146% I46t 36% 86V 1034 1 '3*. 36%' 364 .„.T| 109 92 MJl 1»4 19% 46 464 24 244 464 47 8* NEW YORK COFFEE MARKET. New York, June 26.—Following are opening and closing quotations for coffee for future delivery today lu New York: OpepUif.' Rani January.. February.* March.. .. April May.. .. . June.. ,, July October.. November December Closed steady. 6.80-6.90 6.90 7.00 7.00-7.06 6.20 6.96 6.30-6,40 6.40-6.46 6.46-6.60 6.60 6.66-6.70 6.78-6.90 6.95- 6.90 6.96- 7.00 7.00-7.06 6J6-6.40 6.46-6.60 6.50-6.65 TIPS FLASHED From Wall Street kot depressed, but Americana fractionally P. Foreign exchange has declined enough to _jggest gold Imports, still there are signs of money Hurries, ns preparations are being made for July 1 interest and dividend dis bursements. * Professionals arc directing their opera- fie stocks to sell, bnt the "abort t la » appear. I a market accompanied with gen sharp rally Macon 1910, Atlanta, AtUntx Wrat Print Drill,. 107 C. II. of Orarif. flirt fncotn. do. recond Inrotue 90 oSSrrin*"! Incora. Jl Anxuatx' i’luV H.v.nn". bI 117 8o.th»Mtmi., U6 (irarcl. I-x-lflo lata U9 a 1 DAILY COTTON LETTER. i, june 26.—In Liverpool op tions were not up to expectations and rtoe- OIBERT <1 CLAY’S Srw Ori'ranl ..on, w.ra not . — ,— Ins prtra. trara lirer.r th.n tb, prariaa. flax’i lerri. bj * print.. The meral trad, hu llkmlra fallen off I. . dlMppri.tlnx durmt. Mile.. «t moot rntte. toley only amounting to I.DOO hate* at nrabnunl qw>- Urion. Draplle tit breaking *f lb- drought In all neetlenn of the frelt, where eo-h randlttonn bn»epr.Mlled. market pri—e hare Imen exemdlnffty weU m«ln- blued throu*h the medium ol romnnretlre- ly Aee.y cor eri ne on the pert of .hurl. The feet thet the xereruaent'e weekly weather report wee to appear today, and urine to K rilrara. tjm^tloae aader which the crop bad been laboring previous to tbc advent of ibe present change la the - - ** * wltmUly thooght ho boil Ufa In char acter a ad hence the espreaaed fear on the part of the short dement. However, the expectation* of the trade, falling .of ma terial faUMlou*. offerings becanvs fraer. and netted a further decline. .The pros pects tor an excellent crap nt the present time mnef be admitted, bat the market defends so entirely upon neather that In spite of the most deefr-l rcaMsntloa*. the utmost eooserTatlem pfrraU*. ns the trade knows full well the dangers that lurk where surh a vital Influence aa the weather is concerned. Interest „ ___ _ la likely to appear. Look for an unsettled and nervous market accompanied with gen eral declines, but believe a bear movement will soon be called to a halt especially in the good stocks. Thers la a bear tip In circulation this morning on American Smelting. Tho nrlro named IB 140 for the stock. We believe very vigorous bear pressure could attain that figure, as a little liquidation la ported pending; Summary yesterday’s stock market by Dow Jones A <;a: American stocks In Lou don dull, mostly a shade above parity. Ldndon settlement began today. General London market depressed. Expected 610,000.000 treasury deposits In No falling off In demand for Copper to account for decline In price of copper stocks. Twelve industrials declined .83 per cent Private Wire to Olbert k Cl ay. New York. Jnne 26.—Daniel 0< A moderate rally la likely any time In GOVERNMENT’S WEEKLY REPORT ON WEATHER, Private Wlro to (llbert A Clay. Washington, Juno 2d—Following Is given as tho government's weekly weather report: Ahmaw < Montgomery»—Clear weather and high temperatures prevailed, with no precipitation worthy of mention, oxeept copious to moderately heavy rains in a few southeastern counties. Arkansas (Little Rock)—Tho forepart of the week was cool and latter pnrL was warm, tho temperature averaging about nor mal, except in northwostern counties, where It was below. The nights were too cool. Well-distributed showers occurred on three days. Tho rainfall was below the average In the extreme enstoru nn«l northwestern counties and normal elsewhere The week closed showery. There was sufficient sun stilus. rrla (Atlantal—The weatl__. * most of the the 19th and 21 at Louisiana (New Orleans)- showers occurred, hut droath Is general., unbroken and conditions are very serious In many sect!— * “ needed. The ^ normal and there waa About the uaual sun shine. Mississippi (Vicksburg)—Mean tempera turo was above norms). Abundant aun shim* end fresh winds dried the soil rap ‘ ' girt — - —- a- — a—s— where, bnt rein Is generally needed. North Carolina (nalelgh)—The forepart of tho week was partly cloudy, with numerous thunder storms Tnore waa less cloudiness mIUi fewer fhumb-r storms during tho 1st tor part. Tho precipitation was below nor mal and not well dlatrlhtued. Thu tempera turn wns about normal, hot days and rela lively cool nights nrevnlllni Oklahoma and Indian Terr was clear and dry, with mean temperature slightly below tin. not inn! Hcatterod thun der storms occurred on tlm jod, 24th nnd 25th. The rainfall was generally below tho nv*-nig*- In all putts of th«* action. Booth Carolina (Columbia)—Temperatures above 90 degrees occurred during (06 Inltor nnlf of the week, with widely scattered thunder storms and generally light rainfall. The temperature anil sunshine were slightly avert normal. Texas (Galveston)—The week was gener- "iiy dry and warm. Hrnttered l<>< hI show ers and thunder storms with hall occurred on several days in-osstsrn counties. The rainfall was much below the average, ox cept In n few noryiern and aaftorn coun ties. Drouth continues along the coast and (n many portions of Interior. In ths roast districts and in 1il«i (Irnnda valley thers wa* either an entire absence of rain or no m<-asurnblo amount during tho Week. Tennessee (Nashville)—The woek waa somewhat cooler thnn usual. Hesttered ■L Action * are atill In need of rati. I damaging local storms wore reported. bulk of stocks are concentrated In strong hands It will not be wise to follow dowu too closely these bearish operations, al though we see no chsnre for a hull markot Marshall, fipsd«r A Co.: 'The entire finan cial sltustlnii and speculative sentiment la so completely dominated by Investigations, and the muck rtks spirit that It la only necessary to mention serno prominent cor poration as being under surrelllsnce to create distrust In the shares. Until this spirit is worn off public support will bo less effective and lacking." ATLANTA NATIONAL BANK ATLANTA, OA. C. E. CURRIER. Pc.lfl.nL A. E. THORNTON, Vle.-PrMl9.nt. H. T. INMAN, Vlo.-PrMtd.nt. QEO. R. DONOVAN, C.ihl.r, JAMES 8. FLOYD, Ah’! C.ihl.r. Capital $560,000.00 Surplus and Undivided Profits 6500,000.00 We Solicit Your Patronage. NOTES ON GRAIN Pointer* on Provision*. AT THE OPENING Private Wire to (llbert & Clay. Chicago, Jane 36.—Wheat opened active and higher. Cables showing only moderate response to break here yesterday ami tho northwest showing hnd weather again. Many reports of red rust coming In from that suction, and there are predictions of m i VNtlsf than again tomorrow. Valentino soiling wheat. There wa# a line of about 1,630,000 bin of long wheat liquidated yesterday during the latter part of tho sesalou. This un doubtedly place* the market In a much stronger p<is!tlon technically. Unless we hare clearing weather throughout ths northwest very soon crop killers will begin to get basy. ally pnt a atop to sales of wheat by farmers at country stations through Ohlanonm and northern IVin* nud ib-l.n.-«! Ilur.'ili.; . . ••rail* through tl..- .--i.-ni - wheat states. Then were more rains In the southern portion of these states yeater-L day, both Oklahoma nnd Texaa, aud pros pects of still further delays In mai* '* That the movement from farmer*’^ I had previously begun, however, waa amply attested by tho arrival of ten ears of new wheat, soft winter sorts, at Kansas City yesterday. Marketings of wheat. In the faortbwost have greatly incr» in the last few days. Commission house* say their drafts against shipments have about trebled lb<el|.t>< ..f .-nit li, tin- i-.mnln are also exceptionally hoary for this time of year. I*orge receipts of oats ore pre dicted for Duluth In the next few days, pa Trieste Wire to Ware & Lelnnd. There Is some buying by the local talent fills morning on the rains In the northwest. I*ots of talk of red rust la the northwest| this morning, with heavy ralna.[ Strength In conrso grains have helped tho wheat nnd caused some of the early sellers to buy. Markot could l»e bought. | Provisions strong and higher. Covering] ling scattered and mostly by local longs. Corn feverishly bullish. Friedman bull ing the May nnd all pit la buying ovary thing else. take on some wheat. Chicago Inter-Ocean: All the largest of local bulls were out of their wheat at the close last night. They sold nil th# market would toko during the day and disposed of (he hnlauee through their holdings uf In demnities. The local bull Interests were long nt tho start and bought more on wet weather returns In the winter wheat sec tion and* red rust reports from Boutb Da kota, but were unable to make n go of it. falling to get help from tho outside. One of the hull leaders said after the rloee that the market had recently been strained. and that then did not appear to he any particular trend to values for tho moment MARKET IS PROBABLY •VERY HEAVILY SHORT. New York, Juno 2d.—The Run says: "An announcement by Mr. ITIen that he will Issue July notices of delivery on Friday to the amount of 48,000 bales, a break In July In New Orleans on the ovo of notices there tomorrow nnd heavy nnd general !!• quldatinn caused lower prices. Moreover. the southern port of the stnte, where It Is most needed, private dispatches assorted that rein fell In various parts of that stale, Including Houston. In the snuthern section, they had n cat tala effort on th* market. July, li”w.-wr, was the most dlMmMng fm-tor Mr I’rbe appi-nr* Imw bought that month, some thought'to cover short, and to have sold October at the rurrent difference of 15 points. Not a few bought Jnlv nml sold August New Orleans win h sellar. Phllacsl|>tilft spot Interests were supposed to have bought July. Liverpool bought a good deal of August hen* against ale* across the water nt Mg differences. Today the weekly government report may hnvo some effect, it would have a good ileal more ttinn It usually does If It would com# out fiat-footed and say something. 1\miorrow come July not lees In New Or leans and on Friday here. Meantime. It Is n nervous market nnd probably very heavily abort." New Orleans. Juno 36—Times-Democrat: "Yesterday's cotton market demonstrated a very stubborn Intention on the part of CABLES WERE BETTER AND RECEIPTS WERE LIGHT. Damage Reports From the South west Also Had Stimulating Effect. By Private Leased Wire. Chicago, Juno 26.—Coarse grain# were a big help to wheat. They kept that cereal from selling off when It waa under the greatest pressure. The general belief la that the receipts of com and oata are t6 fall off, and that In case of good cash demand, prices are certain to do'better. Closing price# showed corn 7-8<tl l-4c higher: oata were 6-807-80 better, and wheat up 3-806-Sc, and provisions 10@20c bet ter. Cash sales here were 105,000 bush els wheat, 100,000 corn and 100,000 oats. The world's visible supply of wheat decreased 3,456,000: oats decreased 1.- 190,000, while com Increased 1,141,000 for the week. Primary wheat receipts 124,000 and com 1,113,000, agalnat 282,000 and 1,121,000, respectively* n year ago. Clearances for tho da? were 83.300 wheat, 6,377 com and 400 oata. CHICAGO GRAIN MARKET. Open. WHEAT- : 8* B : S BK'i B TORK- July. .17.00 1 ' ft. .16.624 1 LABb- ly. .1.674 Kept. . ».»24 Oct. ,. S.96 HIDE*— July. .9.224 Mept. . 9.15 ranged : Pr Close. 834 W% >i% 51% 624 5-1% 51% 4'J% 274 3(% 354 Oct. . 8.96 5:2* ‘IT 9.07 • 8.96 36% 17.174 9.32% o!o6 NORTHWEST CARS. CHICAGO CAR LOT8. Today. Toi .* g4 lB.o*} ramp of tbs old rrnn bulls who have come * Ikvc not a little danger larks In the ■Bleed tender on Julv contract* of the ragged end of the New lurk stoek. ntndenrs of the staple now profoss to find encourage ment In the hearlRh belief that offlrlnt knowledge of (be breaking of the Texas drought would coat the fall months several 'Olnts. though th# drought damage ran mrdly hare been really eerleus. On the Jher h«ml. too much rain and net enough labor are repurled to be fast putting the effect in checking the tendency to dis count improved conditions In Texas once he wentner bureau elmll have reported ood rains over the southern section of that state. Meanwhile the rlaae are he- Inning to npprosrh on attractive buying —r. MV LIVERPOOL GRAIN MARKET. Wheat opened H lower; 1:30 p. in., % to lower; Nosed 4 to 4 lower. Corn opened 4 Tower; 1:30 p.m., 4 to 4 glmr; rinsed 4 to % higher. THE DRY GOODS MARKET. V Private Leased Wire. New >nrk. June I'H The dry L ,r >”«ls mar- ’t today showed mure movement from first luiiidM of prints and domestics nnd a cmifldniit tune on the part ”f merchants. New price levels are now believed to liare reached the low point for the year. The Jobbing house mid year 'sales will !h> in augurated today. SOUTHERN EXCHANGE Oldest KstnbIHhed Office Houth, CO non STOCKS BONOS Mill Ground Floor Oould Building Dally market letter and market manual nmlled on uj-i-ll • i!l- n L.J. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS,'BRAIN Correspondent's Capital $250,000 RKrgRKNCC, TH1 NEAL BANK PHOMC MIT. RRUOCMTtAL BLOO HUBBARD BROS & CO., Sim Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange. New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence invited. Phonee 454, Long Distance 39. A.S. Huatace, Mgr. WM. L FI8L President. ROBT. P. MADDOX. TW-Pth. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT* INVITED We invite accounts of individuals, corporations, banks and bankers and offer the best terms consistent with conservative banking. In our Savina* Department we allow Interest at the Rate of 2 1-2 per cent. Compounded Semi-Annually. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, IT*. 2 Wall St., reft • mldisf. Missis. Cs. fia Yark Cattsa isthssgt. Ntm Orltsnt Csllss tuhssfs. Ufsrsssl Cetfss Attetlslls*. PIEDMONT BROKERAGE CO., (Ineerporated.) Basement Floor Piedmont Hotel. STOCKS. aONOI. CRAIN. PROVISION*. investment*. Fast Wire Service from Now York, New Orleans, Chicago. * CORRESPONDENTS M. J. RAGE A CO, 42 BROADWAY, NEW YORK. tow. MOTlt. Wssijtt. Ural »*4lss§ 0iitsstt foil ft— ISM. Ntm Ysrk Cslftt tukssfs.