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

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SLIGHTLY EASIER OLD CROP MONTHS DOMINA TED BY JULY. favorable Weather and Crop Ad vices Adversely Influ enced Old Crops. RANGE IN NEW YORK COTTON Tbf tollmrlng I* the rnugo lu cotton htotn In .New York today: lai.t rrevlou. Open. High. Low. Nnlc. Clone. Clone. DM. Il'tM mis 10J# ld.it JO.IM7 lO.g-M .10.41 10.41 10.33 10.53 10..T3J4 10.4145 .10.44 10.45 19.38 10.57 10.57-55 10.45-48 m 10,38-40 10.46-48 H .10.45 10.47 10.45 10.45 10.46-46 10.62-51 ll*wl moody. LIVERPOOL COTTON MARKET. UriTlKxil. June 28, 12:15 p.nt.—4.ottiin, a ili-mnnil quiet. with prh-i'n ntendy; line upland., 6.1M. Hul.'t, 6,000; Atner 15, 5.900; .peculation final export, ~-lpt«. 7,000; Amerlrnn, 6,600. ' j u |y mnnlpulatlon wan the feature at (hr opening of the cotton market thin morning. The opening In thin option tin Steady, but narrownean wan ap parent with fluctuations of a character that would Indicate that the trade at .rosont does not expect .anything aen- Utlonnl as a result of the covering a( a rumored big short Interest In that mtlnn. Tomorrow Is notice day on July In New Ydrk, and the amount of tenders will be the factor In determin ing the course of prices for the old trop months. If they are promptly •lopped, be they large or small, the chances'for a squeeze would be possl- ll The new crop months opened under light pressure, due to favorable weath- tr and excellent cron reports; and at mlddav showed declines of 7 points. Trading was light. The government monthly crop report sill be Issued on July 1. It Is expected to be bullish, but as it Is made up from reports covering the 25th of June, It sill not refer to the breaking of the drought In Texas, and the late favora- tle advices as to the growing crop as a result of the Improved crop condi tions from that section; In fact, con ditions are more favorable over the n- tire bell, which, if continued, will !n- aure a good crop of cotton. The Increased requirements of the world's consumers will keep pace with the Increase In production and the pro ducer can get a fair price for Tils cof- SPOT COT1 ON MARKET. RANGE IN NEW.ORLEANS COTTON The following Is the mnge lu cottou inures lu -Vow Orleans today: .. , Lust Previous Open. High. Low. Sale. Close. Close- Krb. ............................. IA7» .10.81 10.83 10.72 10.73 10.78-73 10.8344 .10.31 10.61 10.63 10.5s 10.56-66 10.6042 10.864? 10.44-46 .11.27 10.27 10.22 10.23 10.22-23 10.30-31 10.23-26 *0.31-33 .10.32 10.82 10.36 10.26 10.26 10.34-36 .10.34 10.35 10.32 10.13 10.32-33 10.40-42 v' »:/«' 1..M rr '™<e Wire to Ware & LeUml. York) JuiA 28.—It luuki &■ if thi* S?DMti ,, lSl t m r ff" r i t h » eenun.1 SO. If , f r°m the belt for the month are to be considered at worth while. .,,'[5® <*f Commerce says; "The Fv T the “if??* 0 ” *S.® »ltutUon are plain- m.JiiL VS , ! to & ,h * «P®* situation; the question1 ii to the nmount aad the dlspoal- the* luftnre here tomorrow and the nature of the goverumeut report to be Jisued next Toesday, an to “which, as might Th/iOStnuli < '°V ,r * rT “Pinions are held. The apeculntlnu Is not large, but Its lean- *"*»,foe some time unit hare been to the JJJp.jWf * nd *£«« *• therefore a ontnlclon that If the market Is not actually aom out and over*** It la pretty close to some such jxHHUtlon as this/ Ths covering during the CAUSER A SLUMP good selling here from Liverpool s wca\^ r * buy,D * power. Mar* airkt5 P °°l C * b, ** : ." 8,e ■ d ^ , • 'ntureleta tmd" 11 ** op * n ' d nuletT Very little outside Words a and Cone bought Mitchell. Schlll and icalpers sold. Do uot see any particular feature today. Very and local ket looks The Journal of Commerce this morning sends the following ns to conditions: Ten nessee—Conditions will show Improvement, thongh the cool weather, particularly the nights, haa checked growth, resulting In a snmll plant and making the ocason ten to fifteen days late, ltlooms are expected from July 6 to 14. The dry weather has enabled farmers to keep well up with their work, resulting In dean fields, good cultivation mid a healthy plant.’ A number of sections have since received helpful rains and with au average season from now on a good yield may be expected. Arkansas—Perfect condition Is reported by a large mi in her of correspondents, some clolmlug the best prospects ever knowu. Dry weather has been favorable to cultiva tion, fields are remarkably clean, and the plant, though small, la generally strong and healthy. No cmnplnluta of Insects are heard nml scarcity ofjalmr la not general. Cool nights have t>een detrimental and rain a out * ‘ oca II The market is weak under moderate sell- ■jg orders are scarce. Olbert unson Smith sold July down. t’loiwl steady. 10.46-47 10.63-66 800. i,w»i, Aiornni 1 * <in rotares opened steady. ' opening Pravlont assa ar i! S:S 6iSdi.n B.g :::: feStg fcStS iS ::: «TO lUiiI ig TO TOUS*m ■e-July ily-Aug 18-Hept gt-Oet tt-Nnv •r. Itec. .. *.Jan #.-Feii HV-March .. . Closctl ipilet. ^ TODAY’8 PORT RECEIPTS. 4i _ fte billowing table shows reedpts at the «■ today, compared with the same day ”8 212 INTERIOR MOVEMENT. „ ESTIMATED RECEIPTS. * lrlo.ua oxfM-et. 700 to 300 bole*. “•' ».!!* late, nrtnal U.t year: G«H»- SP«'ta 1.000 ta 1M0 lalea. agaln.t 3.701 S' i"" 1 year: Ilmixton expects , -678 ni-tu.il lnnt jenr. lE *T ACLAY’S DAILY* COTTON LETTER 1 more bearish IP #pot "lies were 6.000 balesJ»t of 4 points, while eptioM I with the toes of one polut. Tod*y • g*PAAl„n was devoid of^he persistent , *horta that made the • ^'llng noteworthy. In »»** absence "upport values sagged following ,l5 0 V* nstnral l»ent, nml were It not I. ,B . ct the July position Btui 1 a J r . of ttnrertalntv. market prices N . ..nhtleaa show further declines ow- * h r r»*inarkaWe progress made by the indicated by rep*»rts from sli.aec- 114,321 last year. Hnyne bought 10.000 July at 10.75 In New Orleans aud bid 76 for 100,000 more. Gelnny sold. The ring sella at every opportunity and the market has no buying power. At times It looks ns If July longs were selling out and buying December at 60 points. B|»ots arc quiet at quotations. About 890 have been traded lu so far. Private Wire to albert A Cldy. , • V New York, June 28.—Liverpool at 12aO p.ui., was 1 and 2 higher, waa expected to be 2 and 3 higher. io reason for extreme apprehension. Parrott blddlug 10.28c for 6,000 August. New Orleans, Jane 28.—Mveipool 2 up. Is about as due; an advance of 2 to 8 points was expected. Map Is dear and comparatively dry, only light scattered rains having occurred lu widely sepnrated localities of belt. The western forecast Indicates partly cloudy weather tonight and Friday for Southern Texas and for the balance of the district showers and thunder storms with cooler weather. Eastern forecast Indicates for Eastern Florida occasional rains Friday. For the balance generally fair weather tonight and tomorrow. SELL OUT STOCKS WAS THE RESPONSE. Was the Dominant Influence at the Opening—London a Heavy Seller. Amalgamated Topper..., Atlantic Toast Line American Sugar llcfinlng Anaconda American Locomotive.... do preferred.. Bv Private Leaned Wire. New York, June A * contlnuanL^BI liquidation at the outset of today's deni lugs had Ihmmi pretty geuerally expected, and these Ntitlclimtlous were not deceived. Calls for margin bad been sent out to com-! mission house patrous last night, aud the response was orders to sell lu large qunu tity "at the market." In addition to this, ami of more Importance, was the further throwing over of holding* by the pools and cliques who had become thoroughly alarmed at the failure of their efforts to stem the, tide of selltug on the previous days. The combliietl result of the heavy offerings from these two mm SH j period of demoralisation lasting through the first, hour of business. In the eoursu of which all the leading Issues went well be low yesterday’s low level. At the low figures of the mofcdng there were evidences for the first time of buying of a solid character, plcklug up atocka quietly as they fell from the hands of frightened speculators. This buying was very heavy and persistent In all directions, aud by midday had begun to make Itself felt lu no uncertain manner. Prices rose very rapidly, aud when the announcement was made of 34,000.000 Import gold engaged, prices were carried up for substantial gains on the day. In the stock market at a rule opening figures showed declines. Anaconda fell lj»| Inll 4 points. Amalgamated was 14 to lower, Missouri I*acific lost 1U. North] I Pacific 1*4, Canadian Pacific. Colorado Fi Erie and Illinois Central lost >4 to bThe chief factor In the market so ..xlay baa been the liquidation at ■ opening and In the first few minutes of ispcculatlre. holdings. Brokers doing the largest business said • that the calls for lumrgins was almost without precedeut^gijj the response was to sell out the s**B carried. It was this selling that was the dominant lufiuence at the opening. MuuAJ 10,01)11 Share* were sold here In the first for Ixmdon account. Governments unchanged. Other bonus] Irfrgular, ' THE WEATHER. WARE A LELAND'8 DAILY COTTON LETTER New York, Jnno a—In point of octlrltx. th. eottnn market proven tin- (nut Intrr- ntlnir of the lut t,u ilajra. Tin- cotton Imuint jre«t,ritax to adranco the market came out at the npcnlnf anil tlctohcr ran from 16.36c to 16,25c In a few ralnntea. Thla abowa the jrcncral character of the market, ami the Imctnatlona arein to grow Icaa rather than more eiten.lro aa the govern ment report of July 3 la appnwchcit Thla ia due In a meaanrn to the illapooltlon of •horta to cover tbclr cotton, ao well aa the tendency of holdera to terminate tbclr Intcrcata. With the Jnly option pretty well Ihiuldntnl, nnd mini In Trxna anfddcnt to carry many countlra thmuih. without ad ditional molitur* for aomo time, the bad news aeema to lie aliont all out mil noma- thlna wilt lie needed to atnrt nnother de cllne. ltrporta from the Booth Indicate fa vnralile proerraa over the (reotcr portion of the cotton belt, hnt cotton la helna conanmed In anrb large qnantltlea that It will require n line aeaaon thronxhiint to ralae enough cotton to supply all wanla. It moat not be forgotten that cotton ban ranged, between We and 12c for twelve months now and consumption ban not Iwcn restricted. The crop turn yet tb poaa three trying months and In (the meantime proft- able operations will conalat In quick profit, throiign sales on bulge, or purclMKi on breaka. New York. Jnno ».-8t<wkn-Lbitild.Mon again hnn awept ocer the market thin morning, the flrat wave being at the open ing and the oecond n little mow than an boor Inter. Aronnd the new low leveln made very good baying wn« encountered, md the m.rxet rallied In the nfteraoon to n .abstantial extent. It neemi[ to on at thl. writing that the urgent liquidation km been dilahcd on thin movement, at leant, and are repent oor recommendation to buy pud atocka on raids. Thaw la no ran son bvr abandoning the trading position, but It nbonid be modl#ed to the extent that pref erence he given to tke long akW. We OTy rSSS-pASf. serratnre setioo for MoUrratr profits. tinns of the l»elt. Our own advices today nw frnnght with Infocmatlon of n Ilk. ten- ir M><- point. In Heorgta md Mtntralppl Securing that the crop In Ihow -e'loa* ramoare favorably with the beat uryeuru. It Is entirely a weather.muiiet aad Join- STiMy 2*rea to be effective moot I* of aerfcms ' 1 ALABAMA I GIBERT & CLAY itocki. r. COTTON. OS AIN. ATLANTA. 4M. z 7 rk Slock Exchange ♦v V. / C.°‘ ton ExobRnge. 1 Cofj.*A Ex?, hr age . private Wl * {;i! *nd Long Distancs Ttlrpbc 1 corrcc. PROVISION* MEMBER** New Oriean* COtbm s'H Origin. il-Nird Of *1 rale Cslvclon Elc “"’w‘; R. FAGAN, Mannoor, Board of TTado Cotton AMorlatlon Cotton EseknngA LOCAL FORECAST. • Atlanta and Vb-lnlty r Oenerally fair to night and Friday. WEATHER*CONDlTIONS. The prcaaure haa built up oyer llie eastern half or the map during the past 21 hours, nnd Is highest over northern Alnlmmn. There la an area of very Io,v barometer centered near Miles City. Moot, where the pressure Is 28.40 inches. The relative positions of the areas of .high nnd low pressure are cansing high temperatures al nearly all stations east of the one hnn drolth meridian, the Isotherm of 70 degrees running from toe northern border of new England weitwurd -Into booth Hnkoto. thence south Into western Texas. low temperatures nrorall at all Itocky SIouu- tain stations. .... Hbowrrs bars occurred on the aonth At lantic const. In Texas, the lower Mlulaslpp Valley, the region of the Great Lakes —- the northwest. .... The rondltlons favor generally fair weath er in thl. Mellon tonljfkt^^FrM.^ Local Forecaatar. COTTON REGION BULLETIN. merldlap.tithe. Jnno 26 I UTATIONS OF ATLANTA DISTRICT. •Atlanta, clwr.. •Chattanooga, clear...- Cnlnmbna. clear....... Galnaorllta, dear....... Greenville, clear Griffin, clear.... •Moron, clear Montlccllo. clear Newnan. clear Home, cloudy... Spartanburg, dear Toccon. clear West Point, clear.......... . •Minimum temjyxmturea period ending nt I a. in. thla date. Ute report. June 27; are for 12-hour = .1 S“l Tailspoom. i*. ctondy....| 30 I 33 I .1 Heavy Rainfall: llaalehiirat. IA- 2-Ot. Inappn-rlai Remark a. No decided temperature changes were re ported for the past 14 hours, but the tgn- Kney.wn^.oa^.^w^Tb^wm Atlanta, cbsrleatoa, Okls- were Immaterial; moderate WEATHEF IN COTTON BELT. Texm-Tyler, clomly and pleasant; light rein yenterday. Haifa., dear and warm: showers yesterday. Ban Antonia, elear and hot. Houston, clear and pleasant. Mississippi—Yaaoo City, clear and hot: good rain yexterday. Grenada, cloudy and hot; good • bower yesterday. . Meridian, ^d; good rahTytwf'enUy.^BtonkkavA and rain Inst night. Nntckea. dear and plesx- *AUIinmn-llnntaTlll«, dear and ml; rain sfftL ,h :r!!s.ssi ,4 «» -MemjtklAdwraml^cl-.; Tent — tanooga. dear Cl G4NWgla—Atlanta, clear anil warm. Al bany nnd American, dear and hot. Lewd atana—New OrtamAdear aadarsrm: hard rain yesterday. Shrevepaet, done aad Tessa Weather—Waco, cloudy. •>-. Ard more. fair. 73: Itealatm. fair. 75; Koala, cloudy. 82: Meklgley. dojdy. m; inaamoot. fair. 76; feia»or» >toody.-7»LTexarkaqo. dear. 72: I1ana. damly. 75: J-pllo. dear. 77; Muaksgee. .lowly. B: Snvaaota. elear. H: Gainstoa. dear. *1: WoctlL dear. 77: She turn a. char, 72; ItallaA doady, 7L WEATHER IN WHEAT BELT. wpMl MM.. do prif.Trotl liMiiMimiiii American Cotton Oil....* Baltimore nml Ohio.... Brooklyn KapM Transit Canntllan Pacific Chicago ami Northwestern. Cbeoopeakc ami Oblo Colorado Fuel ami Iron Central lA-ntbcr ,,,,, (lo preferred Chicago ami Gront Western Chicago, Milwaukee nnd 8t. Paul..,..,.., Delaware and Hudson..., * Distiller's Securities... Erie ;; do preferred...; General Electric Illinois Central Amerlrnn Ice Herurltloa Lniiluvllle and Nashville., Mel taut Central Missouri PnrlHe New York, Ontario and Western National l.ond...«...., Northern 1'nrlllc New York Central Norfolk nnd Western Pennsylvania People's G«s Pressed Steel Car do. preferred Pact fie Mall Beading Republic Hteel Bock Island. do. preferred United States Rubber.. do. preferred... /...*•• Southern Pacific Southern Railway do. preferred...... Rloaa Sheffield Tennessee Coal and Iron i Texas and Pacific Unlou Pacific. United States Steel do. preferred jtlnla-CarolInn Chemical do. preferred Western Union..../ Wabash )..! do. preferred...,, 11GH 117 V 116U 117% 117% 117 197 197% 67 | 474 73'*! 76% ?<>,* 74% 158% 1601* 16 1 ; i:*3% 196 ! 197% U»%! 197 65H 57 44% 47% 47% •a« | si i 86% 36% 3>.%! 86% ...... ...!•• 101%| 101% 16% 16% I 16% 16tj| 16%| 16% 371% 174% 169% 174%| 174% 171% 212% 214 I Ml | 214 — 57 5S% 56% 4S'; SH UN U?s S* 1C 16.’ 161% 162 173% 176% 174% 176% 63% 60% 59% 141%! m *- n% ri% w% 91% 47% 4'% Ji 5 to 71 above; local rains Itt Iowa and ti ll nolo. Ohio Vallex—Fair tb clear; 74 to 78 above. WEATHER-FORECAST. Frida}*; light to fresh south winds. Georgia nnd East Florida-Occasional showers Tbnrsda/ and Pridaj; variable winds. East Texas—Local showers Thursday and Friday; fresh sooth winds. • West Texas—Pur tly cloudy Thursday, cooler In north portion; Friday fair. Arkanaan— Partly cloudy Thursday, show ers nml cooler at nl«ht or Friday. Tenneaaee and Kentucky— Partly cloudy Thursday; Friday, showers nml cooler. Illluola, Indiana—Continued warm and fair weather, except possibly lorn! thunder- storms In extreme north tonight or Friday. Missouri, Wisconsin. Iowa. Dakotas, Ne braska, Kansna—Generally fair, except prob- bly local showers; continued warm. Michigan—Khowers and continued thunder- torms tonight nnd Friday; warmer tonight. .Minnesota. Mournna—MUowcrs tonight and I rid.i, cooler l'ildny. COTTON CONSUMPTION IS ADMITTEDLY LARGE New York. Jane 38.—'The Pun eaya: "July was not such a terrible affair at New Or leans after all, nml hulls plucked up cour age partly on that account, though there was a good Meal of buying by Price broken* as well. The New Orleans notices. i*npcms. amounted to not more than l.Ooj or 1.500 bales, whereupon July In the Crescent City tmunded upward In a way to set Iwnrs thinking. Besides, Providence. It. !., (s advancing wages, big spot Interests here hi* bin Im: st'-.idllv. ii ml t here I* h huh plrlon that the market In short for Houth- ern. If local shorts bavo greatly reduced their lines. There was n good deni of covering In both crops. Mr. Price seems under the circumstances Is, of course, steadily decreasing and It Is now down to very nearly the same figures as those „ erpool Iffaafi. spot sales there lielng light, the ab sence of outside speculation and a large number of bearish crop advlcea which are Pricea from time to time must arise tm .« from the overdoing of the short side thnn onytblng else, although the consumption pf cotton throughout the world Is admit tedly large, howager find the bears may be of hearing almnt It. Tomorrow Is no tice day on July."—Olbert Sc Clay. New Orleans, Juno 28.—The Tlmes-Dcmo- erst says: "Yesterday's cotton market played Into the bands of the July long ami re-established some of the waning conn denro In that murh maligned position. Lo cally, tenders of July cotton were In very small volume, while nt Now York tho fact that cotton tenderable at Liverpool may be taken over nnd exported nt a profit helped the option along. Meanwhile mid summer bull manipulations were enabled to enjoy the discomfort of July shorts, though by no menus were they In position to demonstrate to the little follows com plete safety Insfnr ns the current ImiIIIhIi dogma Is concerned. Thus, the situation In the old crop, while distinctly favoring some of the contentions of high price man. Involves n rnther well-defined element of doubt go long na manipulative Interest shall exist. On the other hand, professionals have generally begun to flud logic lu the whole should not be considered In most excellent condition. Rurh Is an- douhtedlv the ense In the Now Orleans ter ritory. l/tat month tho government report ed the condition as 84.6, as against n ten- big crop ytar of 1904 the monthly averages wero June n. July IS. August 91.6, September 14.), October 75.8. Thus, several rather compli cated questions arise to mar the c|r>nrncss of crop condition guesses, one. of which 1 STOCK 8ALE8. Private Wire to Clln-rf & Clay. Chicago. June 21—Wheat cables a shade higher. The Price Current reports wluter harvest progressing favorably. Indications are that uuather Is turning very hot in the northwest anil this, coming on top of recent heavy rains. Is likely to cause marked anprehcnslou of damage, latrge Minneapolis milling Interests wero IllH*rs buyers of their September yesterday am northwest also bought freely here. Look for higher market. Still favor long side of corn and oats. Cash demand for both excellent. work up a rust scare on wheat. Attention was persistently called to the heavy ralu and tho prcdli-tious of hot and muggy weather to follow. The trade Ignored tie fad that t'Mi'i.l f<>r •-••m.- <-f Mi- drum wheat, which Is presumably Im mune from rust, the plant has not yet de veloped far enough to lie subject to dam age frmn rust. No stalk has yet appeared and It will he something new lu wheak growing If rust allbuld attack the blade* with oerioua results nt such a prematura stage. Tho trade had lu mind, however, the disastrous experiences of 1>M wheu tin* retl rust reports wero followed by real htnrk rust dnmnge. "A Minneapolis 'Considerable stress ■■■■■■■■■■I r.-p-utM t.f r.-<l nist. \v»« have never raised s erop but what we had more or less rust. This appears only on the leaves at the present where fields hare received too much rain, snu at present Is unimportant Great Improvement will show up with weather. Think the crop In the west promise at present to I** as g we have bad In severs! yenrs.* "Excellent reports are cowing from south ern Illinois on tho wheat crop. Cash grain concerns operating there, say that the yield la the largest lu teu years. 0 I have •elllu Boland, crowd la Price Current. Cincinnati: "Winter wheat good. Corn (a position to make rapl> progress under favorable weather and nut look encouraging. Oats decidedly short, but Hoinewhnt Improved. Packing 630,000 hogs, against 670,0W last year, WARE & LELAND'S " DAILY COFFEE LETTER. New York. June 28.—The coffee market opened Steady and unchanged to fn ad*, vsnee of & points. Males to midday only 6.oc») bags. Of the European markets. I lavra waa unchanged and Hamburg uii changed to %. lower. The European mar- b«t-- tlltl If! i- hi...ii.| I.. Hi.- |... ,i| % . Hu. h of the prevlmia day, but there was nothing to enmurnse buyers In the regular new* from Brasil. The rate exchange was 1 LM higher. Receipts were liberal, the If ports gettlug 24.000 bags, against 21,'»-y bags last Jtaar ami the Jundlahy 18.600. against Xl.OOO Inst year. With threa ii ■ In.' H III III" M- IS..II to III- II rioiii mill ccnits at the Brazilian ports to date about lo.lvi.oon bags. It looks like a cnramerctal crop of Just about RSO.OOO bags, which is n mu.- o\i-r the iigiii- • --r n \- - and Just almiit rnldwny between the late crop nnd that of two years ago. Thia Inrreaaa In the yield over the hiiiiII cro| of Inst year Is not sufficient to Indlcati 7 Improvement In Ibe plnutntlons. Im . _.ecta rather somewhat batter went lie •luring the growing h.-hs-.h. J. i». m 11li h devoiopampt n favorable BS crops might New York, June 27.—Following are np w nd closing quotations for coflfoo for futurs delivery today In New York: Opening. Bangs. Close. January .. •• ,. .. .. fi.ar.n6.7S 6.754/67 ~ “ m 6.751;6.W 6-80<M.l6 Starch April . sioy .. . tember ... .. ndolo-r November ... .. December ... ... sed steady. 7,'C. 7.1') IPBw6C«!5rTa®fi.a5 ... 6.3)06.26 6.80O6.K ... 6.2WI6.30 6.405/6.4.' ... 6.:r.f/fi 40 ... < r.?i6A0 1.1606.00 ... 6.50fi6.G-) 6.65m.70 ... G.60®6.G6 6.Q6«|>!.'••) 1 p. m.V .7 7 7 •• ” 7 si 2 L0* Totul .. LU COTTON SEEP OIL MARKET. Opening. Close. Jane sfi% 26 % w July »%#/9l% 2ii M'.% Heptembar 86%ff37 36%t/37 October 24 MM |4%ii •»% November Sift'd# «l%ti Deceml»er 8S%$31% ClosecT steady. (T ATLANTA NATIONAL BANK ATLANTA, GA C. E. CURRIER. Prc.ldenL A. E. THORNTON, Vlc-Pr«.ld«nt. H. T. INMAN, Vlc^Prcldcnt. GEO. R. DONOVAN, C.hl.r, JAMES S. FLOYO, Ai.'t Ci.hl.r. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. HAVE YOU ANY MONEY AHEAD? Is It Invested where it Ii perfectly safo? Is It available now It FORTUNES should knock at your door? Prepare yourself to tako advantage of opportunity by Inventing your aavlnga In this bank, where they will earn 3V4 per cent COMPOUND INTERE8T. be per fectly aafo and available practically on demand. CENTRAL BANK & TRUST CORPORATION, CAPITAL $500,000.00 Asa G. Candlar, President. W. H. Patterson, Vice-President. A. P. Coles, Cashier. John 8. Owens, Vice-President. Wm. D. Owens, Aset. Ceshier. PIEDMONT BROKERAGE CO/8 DAILY MARKET LETTER New York. June 28. — Liver pool snot mar ket ires dull ngnln today, spot safea being only 6,M0. and while futnreil were steady, our opening was at last night's closing, and soon weakness developed In tint new crop options owing to more favorable wait her conditions. It la expect<-t| that the gin eminent report on July 2 will show ft deterioration of about 3 per cent. Uver- pool has been a large buyer here of the summer months on tno difference between Ibe two markets. At one time the foreign market' wee 149 points above New .York pricea, whereas M points difference exists now. The new crop options are under weight against hedge a. with short covering the only support. The market shoes n larger outside Interest than for sonin time, anil we only look for n trading market for th« present. Htocke— In the opening hour this morning prices underwent a severe break, an«l low records were made. After the first hour vigorous support was fortbcnrolug and a ■harp fill/ occurred. The rumor on Amal gamated Is that at the directors* meeting next week the aterk will be placed on oil per cent basis. These Increased dlvldrmls on various stocks coming at the time when the attacks upon the corporations by the government am being overlooked, om| the i bargain hunter will eoon make his ap- penranre. When tbo market Is breaking i n iiuirknhlc railroad earnings ore unnoticed. Tb** Atchison reported on IncrcsM* of ly $706,000 net for the month of May, i Increased dividend Is looked for on t! stork. A good scalping market la now and quick turns ran lie made. CEREALS OPENED SLIGHTLY LOWER THE RESPONSE IN LIVES- POOL WAS SMALL. Rains Fell In Harvest Districts, with Further Rains in the Northwest. By Private Loagod Wire. Chicago, June 3?.—Sentiment on wheat la badly mixed. There are a few big longs and they are working Industriously to advance prlcca. Wheat dosed 6-SOS-4C lower for the day. There wus leas bull news than In & week or two, while bear news was plentiful. The Jonea-Inglla report on winter wheat In principal fitatc* given a total of 211,000,000 bushels. The grand total Is 420,000,0<mi, the largest In tho. history of tho country. The closing for corn showed that market was 3-8CR-8-! lower. Oats wer# l-8(fl-4f up to 1-8 l*4o off, and provisions were oft a ■hade. CHICAGO GRAIN MARKET. fob The Chicago grain market ranged lows today; • Previous Open. High, f/iw, Close. Close. WHEAT— y .. ttft 53% I. .. 88% M% P, .. M% 81% onN- U:1 1 i* I Dec . CORN- Juf Hep. !».-.• OATS— Hep. 31 82 \ «% »1)S r.j% 5*»% 38% 36% 1lee. .. . July .71L00 17.12% 17.00 n.D% 12.17V Hep. ..16.72% 14.80 16.56 16.80 14. HV Jan. ..14.90 14,80 14.76 14.80 LABD- July .. 8.T2% 1.78 1.70 8.75 4 80 He IK .. 8.90 8.83% 8.85 8.91ft 8.87V Oct. .. 8.92% 5.92% 8.86 t».92% h.97V H1DMH- Jnly .. 9.86 9.22% 9.27% 0.32% 9 32‘4 Hep. .. 9.25 9.21 9.2$ 9.*'» 9.26 Get .. 9.03% 9.06 9.00 9.06 9.«f» Cash Whcot-Nn. 2 red, 874i88; No. 3 do No. 2 hnrd winter. 83^84c: No. .1 do 7«/*lc; No. 1 northern spring, *MjS7c; No. I do, I4GS6c; No, 3 spring, lljfSlc. NORTHWEST CARS. Today. Week. Yc PRIMARY MOVEMENT. The following fignri CHICAGO CAR LOT8. Today. Toi LIVERPOOL GRAIN MARKET. ■Wheat open** higher; closed i ‘ n opened 1 % higher: 130 p. lirllftligcd !<i % hlghe , higher; 1:80 p. m , » SOUTHERN EXCHANGE Oldest Established Office Routh. COTTON STOCKS BONOS -Will Ground Floor Gould Building. Dally mnrket Jetter and market manual mailed on application. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Cormpondut'i Capital 1250,000 W1I. L TKEU hrretd».t ROBT. r. MADIIOX. W*-Prra. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITED Wc invite areonnte of iiulividunlp, corpomtionn, banks and bankers nnd offer the best terms connmtcnt with conservative banking. In our S.ivlr.;-- D-parim-nt «<■ ntlow bMere.t nt th. Hare of 3 1-3 por