The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 28, 1906, Image 11

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THE ATLANTA GEORGIAN. !<asra ‘J' 11 * 1 1 " a 111,1 P" joseph ruvelyI THE GEORGIAN’S RECORD OF MARKETS AND FINANCE COTTON FUTURES HOLD VERY STEADY LIVERPOOL BEARISH IN ITS SPOT DEPARTMENT. y ( w York Opened Slightly Low er, Bat Recovered on Liber al Short Covering. NEWS AND GOSSIP Of the Fleecy Staple. Tb« only feature of n bearish nature this morning la fh* cotton market was the small Ittes and decline of 3 points In the spot department In Liverpool. The sales nggro- nted 5.000 bales at a decline of 3 points; middling 6.11d. Futures closed at advances of 2 to 3 ^InNew York the opening quotations were 1 to 2 points lower, but prices imrnedl* itelr improved on shorts covering. There was some good buying reported both In New York and New Orleans, duo fhiefly to renewed strength In the July po- •itlon. a<» far ns the old crop months are concerned, while the new cron months were bought on the theory that the crop Is not fur enough advanced to Insure a yield In ex- etas of the world's requirements, estimated it 1 *'>0.000 boles, and ns the South 1ms only oore’produced that amount, the bears nre tot confidant of their position. The South Is reported short on cotton. This may or may not be true; but. If true, the chances art* the cotton will be deliv ered at a higher price than that at which they are short, the difference In price go* log to the speculator. The reverse would be true If the South *Thnt"s'speculation, and the shortest way out of this condition Is for the South to de- tote its entire attention to the production of cotton, study trade conditions and mar ket the cotton when prices suit. Let the professional, or denier In paper cotton, have ids way In the marketing of bis product , Supply and demand will govern the price of the actual stuff. Interior receipts for the half week, oc cording to Secretary Hester, aggregate) 6.- 403 bales, against 14,412 last year and 2,630 the year before. Shipments 13,328 bales, ngnlnst'21,893 last rear, and 6.101 the year before. Stocks 153,628 bales.. against 160,453 last week. 167,960 last year and 73,238 the year before. By Private Leased Wire. New York, June 27.—Continued fine weather through the cotton belt was offset today by moderate activity at the opening inioug Southern shorts. The weather map showed rain in Texas. At 10:20 a. in. the market was fairly active and about steady. SPOT con ON MARKET. Htvsnnah—Quiet, 10 81. Ixiuls—Quiet, 10T4c. RANGE IN NEW ORLEAN8 COTTON ' lowing is the range iu cotton futures In New Orleans today: , Last Previous Open. High. Low. Sale. Close. Close. line . .... ..... 10.70 10.50 July .10.# 10.M 10.65 10.84 10.83-84 10.68-67 Aug. .10.49 10.63 10.49 10.61 10.6042 10.49*60 Sent .10.# 10.39 10.15 10.39 10.44-46 10.»-» Oct. .10.3 10.91-10.21 10.80 10.30-31 10.21-22 Nov 10.31-33 10.22-24 Dec. .10.26 10.34 10.25 10.34 10.34-35 10.25-M J»a. .10.33 10.40 10.33 10.40 10.4043 10.31 -33 Mi'll. .10.44 10.45 10.44 10.43 10.53-55 10.44-46 Closed steady. RANGE IN NEW YORK COTTON. The following Is the range in cotton futures In New York today: ^ , I.ant Previous Jmo *+?!*■ mmi July. .10.1- 10.19 10.11 10.19 10.19-19 10.11-14 tn. .ims 10.31 M KB Bm jus »«pt .10.29 -0.31 10.21 10.34 10.32-34 10.M-3 OH. .10.23 10.36 10.33 10.34 10.Sj.*l 10.3-34 N.iv 10.97-33 2031-3* l'rlintii Win- t.; Wan- & I..-ln,ili "Market nffeeiecl n (a- of ** dollT - 38J 5 C c CXCept ort r\ nK * of Tidy. 1 some » from . Swouiisslon and wire bouses! Look for ciulet market today. Scblll buying quite a bit of cotton. ^f°/ k * nD8 .-. JuD J? 27-—Liverpool cables are not favorable. Spot sales of only 5.000 bales are a bearish argument and at 2 n. m. futures were unchanged Instead of 1 point up, as due. j/£]?«?, ne , t Stock of cotton In New Orleans Is J5ff nl. w v against tt{568 at this time last yMr* ipnoard 19,TOO, agalust 20,408 last • f or 100 toles was Issued, but that Is the only one In sight yet. Private Wire to Glbert ft Clay. New York, June 27.-The Journal of Com merce reports Improvement In crops during the month In Mississippi and Louisiana. duo to dry weather, crons well cultivated and clean and labor sufficient. Plant not large, but healthy and well fruited. Roll weevil makes Its appearance In several parishes la Louisiana. Plorlda condition poor. Market Improving on local shorts covering the now crops, which they sold during the weakness of July yesterday. Mitchell offered 10,000 October .at 10.30, New Orleans. June 27.-We understand the Southwestern Cotton Buyers’ Associa tion makes the Texas condition 84.5. against “ 1 The government made Texas, where It Is fair. Hsyne offering to sell 10,000 July at 11c. Market very atrong. despite the excellent rains that have been so beneficial to the growing plant. The man shows light scattered ralnt In Texas, Mississippi, Alabama and Georgia. Weather conditions are fairly cloudy and temperatures nre higher. -• , HARD, FIRM TONE NEARLY ALL ISSUES MAK ING GOOD GAINS. I I«l46 10.B5 10.45 10.45-44 10.31 10.46-43 10.37-33 llfh. .10.41 10.45 10.41 10.45 ln.63-53 10.43-43 (low'd Heady. LIVERPOOL COTTON~MARKET. Liverpool, June 27.-12:15 p. m.—Snot rot- t«n quiet, witli prln*. stead,. MliMllnff •plana*. Mid. Kale* C.ivni, Aiuerlr.in 4.100; •p-nilatloa nml export 500; receipt, none, future, opencil ateody. (»l>enlutf Pre-loui Kilnin'. Clo.e. Cloni. June S.OTi.Kl r.,R6 5.5S inneJuly 5.93-5.80 5.82-5.83 6.81 JulyAlimiit 5.79-5.80 5.79 6.76 Aux. S. pt 5.77-6.75 6.43 fcpt.-Ort 6.41 6.41 prt.-No. 5.5A-U3 5.64 l.'.XUT , i|u> 111 Jan.-Feb. 6.53 6.66 5 M S.S> 5 .-.3 3.51 st 5 s: ;,.r-3 5.635.64 57-6.68 6.548.551 L. J. ANDERSON & CO.’S DAILY COTTON LETTER New York, June 27.—Liverpool cables were n little stronger than looked for this morn- Jnjj. but sales were again small at 5,000 Our market opened slightly lower than yesterday's under some pressuro to sell by timid longs, who feared today's notices In New Orleans. These notices, however, had not materialized un to noon, and ns a con sequence covering by shorts advanced prices nbout 7 points. Trading, however, was very quiet and confined nhuost exclusively to the professionals, who are Inclined to go slow until the result of notice day is determined. .The threat of Mr. Price to Issue notices covcrlug 46.000 bales nets as n damper to would-be longs. Weather reports show rain over tho most of the belt, but In the drouth regions In Inappreciable quantities. Cron reports as a whole nre good, bat this fact has l>e*n discounted by present prices. It Is believed there Is a big short interest in practically nil of tho options and with prices around 10c any little unfa vorable circumstance would cause this in terest to run to cover rapidly. WARE ft LELAND’8 DAILY COTTON LETTER TODAY’8 PORT RECEIPT8. t The following table shows receipts at the gorts ^oday, compared with the same day Orleans.. Galveston ............ Mobile Havsnnsh Charleston wllmingtoo X»rf.,lk Baltimore York Boston Philadelphia ......... Various Total B "(i INTERIOR MOVEMENT. ROQltOQ .,,,, A'lfusU , M-mphli , Total »i v ESTIMATED RECEIPT8. New Orient)h expects 900 to l.JW btWO, Jttinst 1.142 nctiml ln«t year; Galveston, to a. against 1/09 actual last /ear: Fjuston, 600 to against 2,625 actual last thVmItal market. % Private-Leased Wire. ...... >ew York. June 27.—Tin firmer, st %c sd- vsttce for nearby delivery. *°PPer unchanged. •* J>**d was down 5 points, spelter lost 5 iKiluts. New Orleans, June 27.—One of tho largest operators Iu the local market Is the author of a proverb to tho effect that the market never goes down on n notice day, espe cially when It Is expected to gn down. The troth of this wns well Illustrated by the course of price* today. For weeks past the bears have been making threats about what they vrere going to do In the way of July tender* which wrre t»»ujfyln* to the weak long following, and yeT7 even on tho ononlug today July commenced to advance and at one time was 14 points higher than yesterday's dose. Only a' few hundred bales were tendered and the no tices did not circulate long beforo they were stoppd. If on organized attempt Is being made to manipulate the July position distinct success hns attended the efforts of the manipulators. Spots have been kept well np above futures and July has been allowed to sag off until tho difference be tween July and snots Is something appall ing to any one who wishes to deliver cot ton. Even with the ndrnnee today July was always about a quarter of a cent be low spots, for It wns generally admitted that middling could not be bought under Up. Spot holders will think twice, with the existing good demand for spots, be fore they flump much cotton on contracts with the wide spread between contracts and spots. The weather waa again favor able oxtr practically the entire belt. Horne rain fell In the eaatem belt that could have been dispensed with, but the fireatern belt continued to get rain .which was gen- orally taken aa a favorable feature, llut the good weather broifht out no fresh selling. 8horta appeared to be too busy waiting for chance* to take profit* on old lines, to grasp any chances to put ont fresh lines. The consequence wn* that the new crops shared tne advance with July. GIBERT ft CLAY’8 DAILY COTTON LETTER New Orlenna, June 27.--The Liver- pool market waa nomewhat disappoint, lng In J*a earlier aeaaion, due to’the fact that there waa considerable sell ing In a spasmodic way of the July position. Option* Improved allfhtly; however, later In the day, and closed 2 point* h««her than yestertay, while spot sales amonnted to 6,000 bales at a loss of * points. Today, the first notice day for July delivery, witnessed exceedingly few tender* in clrcula- tlotTan* nervout * h "p m 'w2fhr m? nhowed price, up °“ tensive covering. During tne procee, of liquidation through which-the July position li now pualng. Interest In the hew crop months has con,ld,rably waned, and the value, of theae |»,l- tlona have been allowed to follow the upward tendency of the tnsrket; neverthele«.4>i«* riUtmnt option, are dally becoming more vulnerable and Sore eusceptlble to attack, owing to the utmost Ideal weather condition now affecting the crop. It U the grow ing belief that the recent drought wa, not sufficiently prolonged to do an> material damage, and the advent of rain* vh-ie neededcameMamcwtop- portune.moment. the drida previous to Took Profit-Taking Salei in Good Shape Without Excessive Reaction. RANGE OF NEW YORK STOCK MARKET American Cotton oil Italtlmor* ami Ohio Hrookl.Mi ltnpid Transit ChM iilia l’aclflc By Prlrntc Leased Wire. New York, June 27.—The prevailing un certainty on the utoek exchange wa* ra fleeted thin morning Iu a Botewortby slow lng down In the trading. Speculators, what ever their opinions regarding the futt were very much mixed Tn their view* no what the Immediate tendency of prices m and operation* for both accounts were «• flucted with unusual aiutlon. Amrrli HtockH In Ieondon, on whnt looked to chiefly New York buying, came In n half point to a point higher. The first quota tlona at the local opening, while frartl> ally up, were not up to the London lev anil at once It hecanie evident that specu lators who had hought on the "turn" ye* terday were hurrying to realise profit where they could. I’nder this selling the v . market declined. The realising sales did not, however, follow price* down very far, and there was enough support given to cer tain stocks to prevent any general develop ment of weakness After the first hour bus]oca* grew extremely dull and price* backed and lilted within a narrow range showing at noon only slight difference* oi the day. Tho stock market opened with a coutln nation of recovery that wnn in progress at il Ohip and Southern * Pacific. Atchison, Steel and Pennsylvania gained per cent. Outside of Inter-Metropolitan the stock market showed a firm tone nil through the first hour, nearly all the stocks traded In making gains ranging from Vi to 1V& points cesslre reaction. The London trading wa* unimportant, ar- hltrage brokers buying a few stis-k* Clines and selling them on rallies. Governments unchanged. Other bonds are qutet. STOCK 8ALE8. 209,290 shnros , „• 819,000 shares . M .. .. •• .. .. 477,64)0 share* ,. .. 784.700 share* ..1,096,500 share* 11 *. m.. 12 uoon.. 1 p. m.. 2 j). m.. Total .. STOCKS REVIEWED BY NEW YORK SUN New York, Juno 27.—Tho Sun says: While tho market yesterday was subjected to a vigorous bear raid In tho first lionr, wlion About 500,000 shares changed hands, the -course of prices wns on tho whole moro fa vorable to tho bulls than to their adversa ries, and final quotations Jn moat cases were above last night’s closing. The London market continual depressed, especially In the Knfflr department, where It was fenred that ono or two' unimportant houses might not ho able to pass through the settlement, and Itusslan 4’m also were lower. Old romore of an Increased dividend on American 8me!tlng and llefiiilng were re vived after announcement wns made of the action taken l»y tho directors of Anaconda, and these Induced covering of shorts put out earlier in the day. Amalgamated Cop- per naturally reflected tho favorable news \naconda. both for the reason that thlH at rout the disquieting reports as to the condition of the copper trade and be- rauso It meant additional revenue through tho ownership of a mnjority of Anncouila The expectation that congress would irn before the end of the present week ...... not entirely without Influence in pro ducing uneasiness la tho ranks of the snort interest, and ns the market had become oversold covering on a large scnlo could only be accomplished In tho face of ad vancing prices.—Gtbsrt & nay. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit and Produce exchange. Lemons $5 to 95.50. Limes 75 to SI. Peaches, per crate, $1 to 11.50. Plneepmai S3 to 1150, market at present time well stocked. Bananas, straights. »*-•• bunch |1.M to 9176. Culls, per bnnvn. 91 to 91 35. Wtnermelons, 910.00 to 920.00 per 100; da* ms nd good. poultbV and country produce— Live bens 35 to 37*£e; fries 22H to 26c: broilers 15 to Live ducks, Tekin 30 to 36c; puddle 26 to 27V*r. • Dressed hens, per lh., 12c to 13c; dressed turkeys, per lb., 15 to 18c. Eggs, per dozen, 174 to J8e. Butter, table, per IR, 20 to 22V4c;.cook- VEGETABLES.—Irish potatoes. No. stock 94 barrel; No. 1 stock |3. Beets, cabbage crates, per crate, 92 to 97.50. Tomatoes, per crate, 92 to 92.60. Ben ns, green, per erftte, $1 to IL25; wax 60 to 75c. _ • Hquasb, yellow, 50 to <5c. Cucumbers, per crate, 60 to 76c, market j well stocked. t Old Irish potatoes, per bushel, 9LS0. Old sweet potato***. j>er bushel, 91 to 91-25; , iew sweet potatoes 11.75 bushel. Cherries. 24-quart crate, 91.50 to 91-<5. i r LUU n, unsin, rnvTiaivmi. FLOUR— rostels Elegant W36; Diamond patent 16: fancy patent 95 10; half patent 94.10 to 94 'S*. faner 93.90* spring wheat ,_ r Jm , .. choice whit*, 50c; choice mixed, 49c; Texas rust j proof, 60c. . . . . MUAL— Plain wnter ground, per bushel, > 73c? bolted 140-lb. Jute*, per btisbel. «3e. j Shorts, white. 11.40: medium. 91 36; brown, ■ XL30; pure bran, 91-30; mixed brim, 11.15. HAY.—Timothy, rholce large bales, *91.10! do., choice imRll hales 91.14: da. N<>. 1 j timothy bales, f 1 06; do.. No. 2 91; do.. No. ) I clover mixed IL05; do., No. 2 closed mixed ! 'V. C r.OVER.—Choice 90c. The abuve prii-^s are f. o. b. Atlnnts, and subject to teuaedlate acceptance. GROCERIES. St'GAlL—Standard grnnnlated 5c. New i York Refined 44 to 4V4; plantations 4V4 to *. Market stronger. „ 1 OFFBE. —Roasted Arbuckle a 915 50; j bulk, in bags or barrels, S3%r; green 10 b Market weak. il Northwestern.... Chesapeake and Ohio Colorado Fuel nud Iron Central Leather do preferred Chicago and Great Western Chicago, .Milwaukee nud 8t. Paul.,,,••*•••••««» Delaware nml Hudson..., Distiller's Securities do preferred a. General Electric Illinois Central 4.,.,<•«••••• Amcrlcnti Ice Securities Loulsvilia nud Nashville Mexican Central Missouri Pacific Now York, Ontario and Western...... National Lend Northern Pacific New York Central Norfolk and Western...... ]'sopor* Gas !»••••«••. Pressed Steel Car do. preferred Pacific Mall Bending Republic Steel ltock Island do. preferred United Htntos Rubber * preferred 11 Pacific., n Railway. do. Rloss Sheffield Tennessee Coal and Iron Texas nml Pneifle Union Pnciflc ...,..* United States Stool. do. pr.ferivd Vlrgtnla-Carollim da preferred Western Union... Wabash #4......... do. 1 l Cl r.|Clo*ej i 10041 %4 W4' WS *» l i 1*4, ^<4 , 2444 4 67 6*4 .. 1134; 113^ 374 ‘lKS 176k* 164 177'i[ 17S I 1754 61 I 614 5!»4 1434, 14'^| 1414 siti w 744 99S lft24i l ft 24 294 304 117 117% IT, 74%d mt I6i>4 1594 K*9S 1W*4| 1<0 '* 197 I HI j 197 197 564' 564 MS 66% 67‘* 49‘* f 454 454 «4. 4«4 374, 37 87 | 36% 37 1 ' 1014 1014 1641 164 1714 176 NOTES ON GRAIN Pointers on Provisions. Private Wire to Glbf -Whei ne*s of two days l» ket extremely sensltl apathetic to luuirlsh Its cry nlnute Mn Therefore bullish u A bull cannot »ad under any rondltlona ami be umncrrffully punished, favor long side. lesplte largo re » ore chartered .-estern offerings 218 ! 212 784 784 164 161 178^ 47. 494 48 734 714 — 203U Rig 135^1 ljW<» 134^ 1 Ski Mt4! 89 44(4 107« TIPS FLASHED From Wall Street Private Wire to GII>ert ft Clay. New York, June 27—Daniel Odell ft Co.; ‘That a large short Interest exists In tho stock market wo feel certain, ami tho Ir regularity that has been experienced. In the punt two week a or more only encour agea bearish trader* to Inrreas* Its pro portions. Day after day the market ha* declined interruptedly with ttccatlon/il ral- llea and somebody has been buying stock*. When congress Is out of tho lline light we believe the financial situation will bo on n more fnvoruhle basis here, and with earnings unprecedented and prosperity gen eral wo look for umtorlai enhancement In •took market valuea. Sentiment Is grad- lly improving, nml an soon ns some of 0 uncertainties now overhanging tho market abnll have blown over wo expect a good hull move In stock*. Now York, June 27—Uptown Intcreata hlch havo been seen tills morning are Dt quite ns pessimistic as th<qr have lieon ,jr the last week or ton .lays. By some It is believed that tho market will l»e con siderably hotter for tho next few days nt oast, and that tho improvement will ho led by St. Paul, Union Pacific, uud South ern Pneifle. On the other hand, the opin ion is freely expressed, that while the lead ing stocks mny go a little higher today, tiic selling movement will continue. Con- sorvntlvo observers reiterate the opinion which they expressed yesterday—namely, thnt the excellent conditions prevailing throughout the country will he felt nml will overbalance the extreme pessimistic sentiment which Is now so general. Prlvnto Wire to Ware ft Lclnnd. — New York, June 27—London strong 4 to 1 ^>er cent up with more Improvement A better feeling prevails on ennpera due to Anacomln'a increased dividends, sml It la natural to supposo that Steels will do better considering Its large business, pres ent nml prospective. Professionals are nt 111 bearish, the short Interest is very large In the active storks, ami while attack* nre likely on specialties in order to affect the general market, don't * ellcvo they will prove effective. Baltimore and Ohio at 120 la * 6 per cent proposition, rml nt nnjthlng under that believe it it -a great purchase to bold. With the coming adjournment of con- ress and slightly easier money conditions, he stock market should show further lm- iroveuient today. We do not look for broadening of speculation, however, and on any sharp ndvaurc*. would take profits. Summary of yesterdays stork market 714 mil? 1254 142 . 35 V 4 MI4 El I 36 JW4; 1094 92 92 194 194 624 444 4V4 1074 1074 664 37. 99 IM4 314 1424, 47 | 46 217 per cent abovo parity. Comptroller of currency will rigidly en- ' new bank law, which entails some 7 of loan* * *“ - surplus. especially Ht. Paul, Copper, Baltimore and Onto and Pennsylvania. Sixteen road* for third week Juno *how average grots increase 16.12 per cent. Money easier than had been expected at London settlement. President Johnson nt 94,000,000. Twelve industrials advanced .36 per cent. Chicago, June 27—Tho Inter-Ocenn say*: Weather and crop report* are becoming the all-important factor In the grain market*. It is too wet In the northwest. It ha* been too wet In the southwest. It I* not wet enough over part* of northern Illinois. It Is fenred there will not be rain enough over tho corn belt in the next few week* to carry the corn crop through, and the terday. In oat* It ha* been reported that the crop is not promising, a* some reports olMiim»d tlo- pant f44w day*. Tile bends are not a* full of kernels a* they should be, and In northern Illinois for a stretch of thirty-live miles around Chicago It hns been too dry for three weeks for nat*. All the conditions yesterday appeared shaping themselves for another bulge In grain*. Cash business in wheat In Chicago yester day de\eloped good pro|o>rHoiis. Hales were 20,000 No. 2 rod at 6c over July c. I. f. IJuf falo, 40,0r-) No. 2 hard at 2c under July In store, ami 45,000 No. % northern at 2c ovor July In store. Hale* of corn for export and domes were 740.000, Including 180,000 for export. Hale* of oats were 200.0GQ to the eastern Interior. Duluth sold 200 bushel* No. 1 northern for export, iho first buslr some time. The seaboard reported no exports. Charter* were lundn yesterday for 900,000 Corn hold* very strong celpts. Tho nrrlvnl* In for Hhlpment east. The are lighter. Any purchase or corn around 50c Is not likely to lose money. Excellent buying of oat* yesterday. Looks Pit offering* of wheat moderate. Scalp- *rs Inclined to be bearish. Valentine Just >ought a little wheat at £34?. Think the Logan has been n fair huyerr tt Hcpteni- ier wheat. There doesn’t seem to he much vhcat pressing on tho market. telling of nervo at the outset. 1 little firmer, without the market. Northwest utlook on th"t VnllnB oats a help to reavr, Knight, McDougall and Brosseau much buying to ruu them In. Corn opened firmer with outside tnidl larger and commission house* buy lag. O t faring! limited. commission houses. Local drovrd sou Provisions opened higher with the od vnnee In hog* at yards. Offerlngx small. Demand scattered and market helped by r —. .‘cord-Herald: "Developments yesterday In the eorn trade put a new faco on the speculative Situation. Hales of cash corn 740.1*30 bushels were large i-mniirli to Indicate that there might after nil he little corn de livered here on July contracts. One of the gratifying fentures was the reappearance of n little new export demand, the first In quite ft nuiulior or weeks. The large ex port business dom* early in January for shipment running up to October promise* to bo something of a factor In the corn market all siiimner. "One of tlu> largest grain concerns here renorts that It* ontlro p ) Mr. Lhely's 25 jears' experience ,»f editing markets in Atlanta and the South hns made hint a rec ognised authority in his specialty. OPENING PRICES LITTLE CHANGED GENERAL WEATHER CONDI TIONS MORE FAVORABLE Commission Houses and Bulla Bought Wheat at the Start. .. for tho year to date .... „ w . . „. v >.. 25,0-X) bushel*, nml ft Is doubtful If the aggregate purchnRes of nil the houses here aggregate over Tft.fkio hm>he|* at country stations. Wot weather delayed threshing sou tiniest Just its the grain wits getting orkotlr ~ ng. • :»to rmnlUPin for rlvate Wire to Ware A Lola ml. Chicago. Juno 27—Weather condition* are more favorable this morning and an effort will likely bo mnde by the boar* to de- >rca* price* Should the market work down o nbout low prices of yesterday wold cer tainly buy wheat. Take moderate profits for tho present. rength In coarse grain* nppears to lie feature this morning. Been some wheat sold; looks like long stuff. Buying appears to be by pit operators. * This market will not stand any selling. Look* as If tho crowd had taken Iho wheat this morning. Chicago, June 27— Sunshine I* badly needed In tho northwest. That section wan a large buyer of wheat her# on tho unfavorable weather condition* in the spring wheat country. The pric# closed l-84j'3-8e higher. A Minneapolis message say* that th# bear* up there are becoming alarmed. Miller.* wore buyers of wheat futures In all the markets of the country. Corn clone 3-8fr5-8c higher and oats ero up 1-2®lc. Hog products were f a little. CohIi sale* were 282,OnO bushel* of corn and 123,000 of oats, but no wheat. i'hhIi torn waa up 1^1 l-4«* and oats lined 1-2C. Primary wheat receipts 247,000 bush els, against 161,182 a year ago. Corn receipts 945,000 bushels, against 1,152,000 a year ago. Clearances for the day 238,00ft bush- ela wheat, 130,000 corn and 17,000 oats. CHICAGO GRAIN MARKET, Th<* Chicago grain market ranged is fel* iws today: Previous Open. Hlgb. Low. Close. Close. WHEAT- vn 4 Sk *3% MS S3>i gjj 6'i*4 July. Sept. . Dec. . CORN— July. . 62 Hcpt. . r.14 Dec. .. to** OATS— July. . !#i Dec. .. 364 PORK— July. .17.25 Hcpt. .16.83 Jan. ..16.00 LARD— July. . 8.824 Hcpt. . 9.00 Oct. .. ft.974 HIDE8- July. . 9.374 Kept. .9.80 Oct• .. 9.074 O.i/lbh 9.024 9 "f. rash Wheat No. 2 red ftl-WW; No. 2 f/H6; So. 2 hard winter slri&M; Nu- 7ft'd|p2; No. I norlhern spring H6grft7; No. 2 do. *<t4jft6: No. 3 spring K3<fr*4. 394 3*4 394 384 37 364 344 364 17.26 17.20 17.20 17.174 16 874 16.75 16.75 16.774 15.06 16.00 16.00 8.824 8.774 8.774 8.80 9.00 8.924 8.96 8.974 9.00 8.95 8.96 ft.974 9.374 9.324 9.324 »324 CHICAGO CAR LOTS. Today. Tomorrow. LIVERPOOL GRAIN MARKET. Wheat opened *4 4 to 4 higher; higher. higher; clo 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. WARE A LRLAND’S DAILY COFFEE LETTER. often market ^ _ss very quiet nd the market continued nt nrnrtically tic losing flgure-s of yesterday during the en tire morning. Hales nt mid-day were on I; some 10,000 ling*. Including an exchange o 8.000 bags of July for December at point* It was the flrat July notice day, and it wai reported that notices for about 100,000 bag* were Issued. The small IiiirIii dlcnfo that the long Interest w coffee II* fnst II* the notices I No depression ns a result 01 I won expected here, and the July sit t. No had no Influenn there anything In th change of sentiment < commitments, of tin Havre wns unrhangsd. partial 4 lower the Hamburg covered the h*n*. Of the ftraxillnn Hantos wns unchanged, hut Bio d< tel*. Receipts were not heavy ns with last year’* figures, with the t unite 1 nftei opening IsSa Tn, ruin nf Iirnzllln NEW YORK COFFEE MARKET. New.Yerk, June J7—Following are opening nd closing quotations for coffee for future delivery today In New York: Oprolng. Itnnge. Close. isry.. •• .. ,, „„ 6.70-6.75 6u#4.78 mary,, ,, „ ,, ,, 6,7ft H.tt 6.7 7ft rh ,, ,, „ Hftft ft.!*! 6.W’ 6.88 1 „ „ „ ,. fM'f.CO 6.90A.96 „ „ ,, 7.0) 7 "ft 6!*ft “ NORTHWEST CARS. Today. Week. PRIMARY MOVEMENT. The following figure* give the primary movement Of wheat and corn: Wheat-It today 247.000 bushels. against 161.001 bushels ln*t year; Rhljinients today 197,000 busliels, against 191,000 bushel* la el year. Com—Receipts today 541.000 bushels, against LI26.*f»» bushels last year; ship ments today 7H6 0ym bushel*, ngnlnst ft77,UO# bushels last year. COTTON SEED OIL MARKET. New York, Ju ton seed oil w tinning the adi recently, wltl rc!«. There 27. The rket for cot- by l he tii >aiic||ig tendency developed nrly *nl«-* «t over 4.«» bar- * active bidding hv a nnm- nnd also interests which ceil Men tilled With the Isir ntliaent wns largely In rmness In lard The das# A’lth vs lues 4 to %c rj 443*4 25484964 ^ #864 M ^»«4 MKltXl 36%#I7 3140844 3 * , Tf | 64 o'er .h,. td steady SOUTHERN EXCHANGE Oldest Established Office South. COTTON— STOCU—BCIW SUM Ground Floor Gould Bulldln#. Dally market letter and market manmu mailed on application. portune momem. ins k*-**--- jj. Mafket weak. the arrival of moisture naving been HicE.-«'arolina 44 to 74c, according grade. Market very st CHEEHE—Fancy full twine. 13%c: brick, I4c. Mark GIBERT & CLAY stocks, bonds. > t ALABAMA ST. C OTTON. C»AI I’ROVISlOJCH —Hupr lino I Xfr. ilifoi MADD0X-RUCKER BANKING CO. I5r. I try salt ex ATLANTA, OAs corrze movisiows 1 seas DrJftx fat back* V, 1% U«l Crw I 74. Ite.| (To. r . ffnn Fx^hange 'Chlrego Board of Trade. ( otton f*x r P" n * |M . *^1 rotrnn Asso. lat! York Stock Exchange !S*w Orleans cotton .tiVarpooi Cotton As*Fvi*r!ot _ —- J5S# of^TTadeJttelveitoo Cotton Kxcbaoga fll Orleans Beard * ..rate Wires to *11 Eichaoirf ^•$al and Lsng Dlstanse Tiltflitw MSS* W. R. FAGAN, Manager* In the best possible shape. With h prospects In view. It will be dlf- lit to *u“t*ln advances unlee* the long-looked-for crop scure Hh-ruld ma- lerlallze. $200,000.00 $500,000.00 . invite accounts of individuals, corporations, banks and bankere and offer the best terras consistent with conservative banking. our Havings Department we allow Interest at the Rate of 3 1-2 per <ent. Compounded Senfl-Annually. CAPITAL ••••••• SURPLUS AND PROFITS . ACCOUNTS INVITED \\ PIEDMONT BROKERAGE .CO., (Inoerporated.) Base mint Floor Piodmont Hotol. •▼OCHS. BONOS. CHAIN, PROVISION*. INVESTMENT*. F*ot Wlro Eorvioo from Now York, Now Orloono, Chisago. CORNEfteONOENT* M. a. *ACE * CO.. <4* laOAOWAV, NEW VOfUt 90#. MOTH. ViM|ir i*<sl *•< 0<i»ssre <00 Pksot MW.