Newspaper Page Text
THE ATLANTA GEORGIAN.
rnn»«t*iT. Jvsr. t*. nm
COHON MARKET
SLIGHTLY EASIER
OLD CROP MONTHS DOMINA
TED BY JULY.
• Javorable Weather and Crop Ad
vices Adversely Influ
enced Old Crops.
July manipulation was the feature at
the opening of the cotton market this
morning. The opening In this option
was steady, but narrowness was ap
parent with fluctuations of a character
that would indicate that the trade at
present does not expect anything sen
sational as a result of the covering
of a rumored big short Interest In that
option. Tomorrow is notice day on
July In New York, and the amount of
tenders will be the factor In determin
ing the course of prices tor the old
crop months. If they are promptly
stopped, be they large or small, the
chances for a squeeze would be possl
ble.
The new crop months opened under
light pressure, due to favorable weath
midday showed declines of . ,
Trading was light.
The government monthly crop report
to be bullish, but as It Is made up from
reports covering the 26th of June, It
will not refer to the breaking of the
drought In Texas, and the late favora
ble 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 belt, which, If continued, will In-
.... requirements of the
world's consumers will keep pace with
the Increase In production and the pro
ducer can get a fair price for his cot
ton.
SPOT con ON MARKET.
Atlanta—Steady. IMie.
New York—Quiet, 10,80.
New Orleans—Steady. lie.
Liverpool—QaVet, 6.15*1. H
-VieuMtit—Stead"
let, 10 1
RANGE IN NEW ORLEANS COTTON
The foltuwing Is the range In cotton
futures iu New Orleaua^toilny:
Open. High. Low. Dale.
Jui*.
Previous
Close. Close.
10.70
Wire to Ware & Leland.
fey *»»*• June 3.-It looks sa if
..vih iuc urtv iur me n
coualdered as worth while.
The Journal of Commerce mti: “The
SLIhL th ® •P 0 * ■»*>«tlon, the
i°i th ® * niou iT t *he dlsposl-
!h. D J # r». not,c ®* here tomorrow sud
ifULS. th * Itovernmeut report to be
Sr*™?!? 0 '* 1 ** M to which, as might
he expected, contrary opinion* are held.
■pf cu, * tlo « !■ not hut Its lean
2, -om ? *‘ n,H P«»t hare l«*n to thf
Bnd *6®'®.*® therefore t su*nk-hm
that If the market Is uot actually soft out
and j?* , T er-,>,d 11 I* pretty dose to some such
condition a* this. The corering during the
**t *ew days by promluent Interests hu
been oo a Urge scale."
Uy?VOol cables: “Steady, featureless
Market opened quiet Very little outside
trade.
Rtordau and Cone bought
Mitchell. Schll! and acalperi sold,
not see any particular feature today.
Very good «elllug here from Liven
nud local scalpers. No buying power. 1
ket looks weak.
The Journal of Commerco thla morning
•cud* the following na to conditions: Ton
uessee—Conditions will show Improvement,
though the cool weather, particularly the
night*, hat checked growth, resulting In n
Rinall plant and making the season teu to
July
farmers to keep wl„
resulting In dean fields, good cultivation
nud a healthy plant. A number of sectlonn
have since received helpful rains and with
an average sen son from now on a good
yield may be expected.
Arkansas—Perfect condition le ret
by a large number of correspondents, nomo
claiming the beat prospects ever known.
Dry weather has been favorable to cultlvn-
tlou, fields are remarkably dean, and the
njul !
No coi
Cool nights I
la only 7
localities
;m platan
of lusecta are
New Orleans, June 28.—Beer bought 4,000
ictober around 10.22c.
! temiieraturea are hlgb.
Clay end Mason Smith sold July dowu.
Local warehouse stocks today 115,589,
against 116,620 yesterday, 142,297 Juoo 1st.
114,321 Inst year.
Gelnny sold.
v»>
10.604
IHV. .10.32 10.82 10.25 10.26 10.:
Jan.' !lo!34 10J5 10.82 10.32 M.2MI 10-40-42
Mrh. ':7777 77777 77777 777777 loitTT'i'iiMe
Closed steady.
RANGE IN NEW YORK COTTON,
The following I, tbo raugo In cotton
future. In New York today: ^
l.nst Provlouf
Open. Hlgb. Low. kale. Cloee. Clow.
June 10.14-15 10.17*16
July .10.10 10.30 10.12 10.14 1M4-1I, ljtj-l*
Ant. .10.30 10.33 10.30 10.38 10.37-3 10.3031
Sept .10.36 10.36 10.37 10.39 10.27-3 W.J3-M
7l0736 107S0 10736 10.37 10.38-37 10.36-36
Nor 10.27-3 10.37-3,
!W<\ .10.41 10.41 10.33 10.33 10.344 10.4143
.'MM 10745 10.V 10.37 10.27-* 10.454,
10.45 1M7 10.45 10.45 lo! 45-46 10.1
Closed steady.
LIVERPOOL COTTON MARKET.
Liverpool, June 28, 18:15 i».W.—C^ton,
•pot. demand quiet, with Price*
middling uplands, 6.1Sd. Sales, 6.000, Ainer-
loan. 5,900: speculation and export, 600.
B*f*lpts, 7,000; American, 5,600.
Futures opened steady.
. opening Prttlout
taw %?**• 5^85 ST
te 77:::: s':” b:?m.t7 if "
An,. Sept 5.71 6.68 6.00
8q>t.-Oet 6.83-6.83 6.004.41 .681
Oft-Xor 6.68447 6.554.5*4 6.50
Nw. Dec 6.674.64 6444.56 U
Uw.-Jao 6.174.60 6.644.66 6.65
lan Kcl> 6.614.67 6.664.60 6.60
rth.-Mtrch 6.00 0.604.67 1474.60
Cloaptl quiet.
TODAY’8 PORT RECEIPT8.
The foltowlng table uhnwu recetptu at th.
t n. today, compared with the Mine day
it year:
1906
1106
.Saw Orlesns
balrMton
Mobfiu
Mvaimsh
^harlraton
"Ilmlngtou
XOff Oik a.a.6..
Baltlmoro
York
Boston
I'hlMolphln
larkftonrllle
Prnw.oln
1206
1772
2
Hi
24
*ii«
SfLSi 1 gHsieii'
Total
4170
M8
INTERIOR N
OVEMEf
8T.
ffoiiitnn
529
901
Mmk
73
**
JNraiphl*
€4
<52
i
Cincinnati
43
364
Total
1171
2342
ESTIMATED RECEIPTS.
-few Drletna *>xperta 760 to OOO bfJ'*-
•nln« 3.113 bale# aetnal laet year: Galrre-
J* npwU 1.000 to 1400 lialee. agalnat 2.WI
ICtllfl laa> —.... llau.lAn aThAptl —.
SIBERT 4 CLAY’S DAILY
v COTTON LETTER
N-*r Orlettw, June 3,-Uverpool wee
ly 'l*il»t. furnlablng the American inar-
E* with no newa of eoaewjuence. bet.
l7l r nc f rn “ tbe courte of option.. It la
il* "»t«ml to limit that tn. excellent
£5*2“ uude by the crop thuo f»r_]J»»
S3"l the foreign trade wftb
g^s-vrsus™ S?:
*' r «*'fnt noteworthy. latbeaba.nc«
w lack iimport value. Mgfed tMowInt
[Jflr more natural lient. and were It not
C the fact tkat the July’ podtlou «m
I* 1 * *o utr of uncertainty. market price*
JJdO douhtlea, ,bow farther decline* ow-
3*'• the remarkable pragma nude by the
111 Indicated by reports from all •***
The ring sella at every opportunity and
the market has no buying power. At times
It looks as If July loogs were selling oat
and buying December at 60 polqfs. Spot*
nro quiet at quotations. About 890 have
been traded In so far.
W fX. at
p in., wa, 1 and 3 higher, we, expected to
be 3 and 3 higher.
Farrott bidding 10.38c far 6,MO AugneL
Waco, Tex., wlrce a* follow.: "Weather
Ideal; crop u, near perfect to poralble."
Mnp te deir and comparatively dry, only
light erattered mint having occurred In
widely aeparated locnlltlc. of belt.
. jUbt
Southern Texae and for the balance of the
dlutrlct Mower* and thunder ■tonne with
cooler wenther.
Ka.tcrn forecnet Indlcaten for R..tern
Florida occlon.l rains Friday. For the
li.lanc*, generally fair weather tonight and
tomorrow.
WARE & LELAND'8
DAILY COTTON LETTER
. the leapt Inter.
eating of the laet tea day.. The cotton
iHiught yeaterday to advance the market
came out at the opening and October ran
from 10.35c to 10.31c In a few mlnnten. Thla
ihowa the nneral character of the market,
anil the fluctuation, aeera to grow Im
rather than more extenalve aa tbe govern
' ” * roarhedT Tbit
ment retwrt of July 3 Is approached; This
I. due In a mea.ure to tbe dlijioeltlon of
tbe July option pretty well
liquidated, and rain. In Teinn eufttclent to
carry ninny counties through, without ad-
dltlonal mol.ture for aome time, tba Ud
news neenis to be about nil out nud aome-
thing will he needed to start another de
cline. Report, from the Kouth Indicate fa-
voralde progrera over the greater portion
of lha cotton licit, but cotton le being
con.umed In .neb large quantities that It
will require a line action throughout to
raise enough cotton to .apply all wants. It
must not he forgotten that cotton hut
ranged between We and 12c for twelve
months now and consumption ban not been
restricted. The crap has yet to PM, thre,
trying months and In the meantfme pr.,8
'y.'"* _«ll ooo.I.I | n nnlob i.mRl
New York. June 3.—Btockn-Unulditlon
..Iu has .wept over the market this
the lint wave bring it tbe open
naiT the second n little more than in'
■ Inter. Around the new low level,
p very good Imying was encountered,
the market rallied "n tke afternoon to
u .ahetantin! extent. It aeema to ua at
thla writlna that tlw argent liquidation ban
been finished on this movement, at least,
imd we repent our recommendation to boy
iood.tork.oa raids. There In no reanon
?.r utiudonlna the trading poaftlon. lint It
Jh^uld be modi Red to the extent that pref-
pntnre lx> cir«n to the look BWe. H e tntak
r£S3w.
Mrratire *action for moderate profile.
tlon. of the hrit Onr own advlcen today
ire fraught with Infonnutlon of u like ten-
*” uomepolut.ba U*
licclarlng that the crop In thore aeerionii
romp*re favorably with tbe nw of year*.
It la entirely • weather market and IM**
•Lei* an* roremed by the Information re-
IXTSi fJlonga. condition, remajn ••
exlstlmt aentlm*
;&SMy
renree jmtw feffcctlre muri
'* «■ AU8AMA »T.
GIBERT. & CLAY
STOCKS. bObd*.
c OTTON. CMAMJ.
ATLANTA. OA
corvee. PROVISIONS
icMneni
orb *•,
2 r-Te®
rd ot Trade.|«nive,wn Criton Cxchnngs
i 1 EicM °^?7 R, FAOAN, Manpaer.
^44*1 and Lena DlnUnce Telephcne 520*.
SELL OUT STOCKS WAS THE
RESPONSE.
Was the Dominant Influence at
the Opening—London a
Heavy Seller.
. Jork, Jane 28.—A continuance of
liquidation At the outaet of today'* deni
Inga had been pretty generally expected,
Calla for margin had Ikhmi sent out to com!
nilsuloii houpe pnlrona last ntglit, nud tbe
reaponae waa onlrra to aell In large quan
tity “»t the market." Iu ndilltlon to thla.
and of more Importance, waa the further
throwing over of holdings by the pool*
and cllquea who had become thoroughly
alarmed at the failure of their efforts to
atem the tide of selling ou the previous
days. The combined result of the heavy
offerings from these two source* waa
erlod of demoralization lasting through
He first hour of hustaris. In the course of
which all the lending Issues weut well be
low yesterday'* low level. At the low
figure* of the morning there were evidence*
for the flrat time of buying of a aolldi
character, picking uft_gtogka^j^
r g uft atocks quietly aa
they fell from tne hands of frightened
speculator*. Thla buying waa very heavy
e-A — A , n n|^ — — - ---• •-
and persistent
rcctlona.f and by
J une* . . . . _
dly, and when the announcement waa
e of 14.000.000 Import told engaged,
prices were carried up for substantial gains
on the day.
to %
. Anaconda
Aumlgaraateil waa \
1 Pacific lost IU. N JHH
, . Hadlnn Pacific. Colorado Fuel,
Illinois Central lost H to H.
Jef fnctor In the market bo Dt
to»lny has been the liquidation at tlu-
opening and In the flrat few minute* of
*p«»oulatlve holdings. Broker* doing *'**•
largest business said that the calls I I
margin* waa almost without pracedent, a ml
lower,
Pacific 1H, (
B 58
the responre wn. to rell out Ihu stoi'k.
rnrrieil. It wan this relllna thnt wn, the
ilonilnant Influence at th* npenlmt. About
10,000 ihnrc* were enlfl here In the flrat
for Ixmilnu account.
Qorernmcnti unchtnfcil. Other bonua
trrefulnr.
THE WEATHER.
LOCAL F0RECA8T.
Atlanta nurt Vlclnlty-Ucuernlly fair to-
nlfht ami Friday.
WEATHER CONDITIONS.
The nreaaore baa built up over tbn eaatern
half of the map it urine the past 24 honra,
and Is highest over northern Alabama.
f low barometer
*, Mont., where
pressure Is 29.40 Inches. The relative
positions of the urea, of hl*h and low
pressure are causing high tem|»eraturea at
nearly all station* east of the one hun
dredth meridUu. the iaotharm of 70 degrees
running from the northern border of new
England westward . Into Sooth Dakota,
thence nouth Into western Texni. Ixtw
temperature* nravtll it nil Rocky Uoun
W Hhowcru OI hnre occurreil on th* aonth At
lantlc contt. In Texna. the lower UlMliulpp
Volley, the reflon of the tlrent Lake, and
the iiorthweat. .. „ . ..
The condition* favor generally fair weath
,r In tbl, nectloa tonl^ht^b^ JBlHIIv,
Local Forecaster.
COTTON REGION BULLETIN.
meridian time, June 38.
stations or
ATLANTA
DISTRICT.
•Atl.ntn, clear.....
-chatunootpi. elear
CotnmlmA clear
tlnlneavilla, clear
Ureenrllle, clear
Griffin, dear
•Macon, clenr
’loatlcello. clear
fewnnn, clriir
Rome, cloudy.....
Hpartunbiirx. clear
Tacci*. dear.
Went Print, clenr
•Minimum temperature.
= J
m
x
.00
are for 12-bour
period cndln* nt 8 «. m. tkle date.
lAte report. Jimc 37: -
Tall.poo**. I*, cloudy....I M I ■ l~TT
Henvrltalnfnll: Hanlchurat. Ia., 3.o6.
CENTRAL
STATION.
Atlanta
Auxustn
Fharicaton
ilvcaton ...•>.
Jttle Rock
W!;::::::::::::
ntgomery
_w 7>rl*#u# .......
Oklahoma
Savannah
Vicksburg
Wilmington ......
Indiestea Ina
1
Diet. Averages.
ippredable rataiall.
Remarks.
.<* ■
no^edWiTJ^Sm'Sr^M:
- ralKu'V «H\ r J
to .flxhtly wanoer. There
In A. Auguutn dlotriet tnd
for AtlanU, Charleatou. Oklu-
dlelrlct. were Immaterial; moderate
‘ -‘-rwhet
the amount.
boma dletrtc —. _ - .
•bower, occurred eleewhctr
Loral
WEATHER IN COTTON BELT.
Texa^-Tyler. cloudr_nnd pUnMUf.
Ir a
A^I.'rcIraV;^
shower* yesterday,
hot. Hesatoa. cleai
e .- 5 M'?ra,Vn , S7;. 'Mrtwra
nirnia/• *rnuwN,
Wlmm*. cloudy and
rate yesterday. Bropkbnven and
jaraaou, and warm. Vlckalmr*. clear
and enri. Ila.lehurat. dear and boTi hard
rain last nl*bt. Natch**, clear nod plees-
ft> AUfanma—HuntavtIU, riesr andI raot; rain
jont.rdnr Koutfimrrr, clear .ad 'hot. Opr-
Hkn. Selma nud lilnulnxh.m. clenr and
clear and bpt
OeorflU—Attant*.
kaay and America*, i
Yj^ulalana—New orb-ana. dear and warm:
kart rain yententey. Shreveport, dear end
Senna u. ’ctaar. 72; ImIUa cloudy. «L
WEATHER IN WHEAT BELT,
American Muirnr
Anaconda
American Locomorire..
do preferred
American Smelting Ilefinlug.,
do preferred *
IK) |irf‘UTrCO.
American Cotton Oil
Baltimore and Ohio...
ORIIIIillNV 14 Ilf I UHIVi,4*4*81.eece
Brooklyn IUptd Transit
Canadian Pacific..
Chicago and Northwestern
Chesapeake and Ohio
Colorado Fuel and Iron.....
Central Leather
do preferred
Chicago and Great Western
Chicago, Milwaukee and 8t. Paul
Delawara and Hudson...
Distiller's Securities
Brie
do ;
General Electric
Illinois Central
American Ice Securities
Ixmlsvllic nnd Nashville..
Mexican Central...
Missouri Pacific
New York, Ontario nnd Western.,
Northern Pacific..
New York Central ; ;
Norfolk nnd Western
Pennsylvania
People's Gas
tn
Pacific Sli
Iteadlnj
referred
Reading
Republic Steel
Rock Island.....
do. preferred
United State* Rubber
dcf. preferred
Southern Pacific
Son them Railway
•ferret!..
nnmn-mirujFld
Tennessee Cool and Iron
Texas and Pacific
Union Pacific....
United States Steel
do. preferred..
Vlrglnla-Carollnn Chemical
do. preferred
Western Union *
Wabash
do. preferred
Wisconsin Central.....
do. preferred
to 78 above; Iqcal rains In Iowa and II
WEATHER FORECA8T.
Louisiana. Mississippi, Weat Florida am
Louisiana, MlHsiMBlppl. West Florida and
Alabama—Occasional showers Thursday and
Friday; light to fresh south winds.
•bower* Thursday and Friday; vartai
winds.
East Texas—Local showers Thursday and
Texas—Partly cloudy Thursday,
north tMirtloii- Vrl.inv f n | r .
PUjay/sbowj
'Tennessee and Kentucky.
Thursday; Friday, showers ami cooler.
Illinois, Indiana—Continued warm and fair
weather, except possibly local thunder
storms In extreme north tonight or Friday.
Missouri, Wisconsin, lown, Dnkotns, Ne
braska, Kansas—Generally fair, except prob*
Ichlgnn—Showers ami continued thunder
storms tonight nnd Friday; warmer tonight.
Minnesota. Montana—Hhowera tonight and
Friday, cooler Friday.
COTTON CONSUMPTION
IS ADMITTEDLY LARGE
Ntw York, June 28.—Tho Bun soys: “July
as well. The New Orleass notice*. IStaeetns.
amounted to not more than 1.000 or 1.600
bales, whereupon July In thp Crescent
bears thinking.
lying stemmy, ana tnrra la n sus
picion that tbe market la short for South
ern. If local aborts Imvo greatly reduced
their Hue*. There was a good deal of
covering In lioth crops. Mr. Price seems
bought that month heavily of late, and si wn
October and December, while ho has made
largo sales of spot cotton, nnd It waa
rumored yeaterday ho hnd other larga
transaction* under way. Tho atoek here
under the rlrenmstai|eM la, of course,
steadily decreasing nnd it la now down
to very nearly the anmo figure* aa those
Ig excess over that of Inst year. The
speculative flaws In the cotton altiu
are rather disappointing. Liverpool
vices, spot aalea there being light, thi
situation
. tbs ab
sence of outside speculation nnd n large
nuiut*er of bearish crop advices which art
' * * —— Tbs ““
being received by various firm*. Tbs gen
eral belief la that tho crop as a whole
la looking well, and that any advances In
dug of the short side than
although the m
of cotton throughout the world
tedly large, however tired the beam may
hearing about It. Tomorrow Is no-
JV
tlce day on July."—Olbert k Clay.
jNew Orleans, Juno 28.—The Tlmea-Demo[
erat aaya: “Yesterday'* cotton market
played Into tbe hands of the July long nndj
re-established some of tho waning eonfl
donee In that much maligned position. Lo
cally, tenders of July cotton wero In very
small volume, while at Now York tho fact
that cotton tendergbls nt Liverpool may
be taken over and exported at a profit
helped tho option along. Meanwhile mid
summer bull manipulations wero enabled
to enjoy tho discomfort of July shorta,
though by no means were they In position
to dcinoiiHtrata to the little fellows com
plete safety MU ns tbe current bullish
dogma la concerned. Thus, the eltunthui
In tho slfi crop, while distinctly favoring
KBtiidIkifftatwu of high prirtgam
_— her well-defined elemeL.—.
doubt ao lonjr ns mnnlpulatlvo^^^^^^^^
exist On th. other lmnd, professionals
have generally begun to find logic In the
belief thnt the government's crop condition
report for June, wilt on Its fare show
deterioration, though Informed students of
tho staple see no reason why the crop
whole should not bo considered In
most excellent condition. Such la un
doubtedly th# case In the New Orleans ter-
tonr. (.oat month tba government report-
1 the condition as 84,4, aa ognlnst n ton-
year average of t4 9. In tho hlg crop yi
of 1904 the monthly averages wen* Jt
July as, August M.8, tteptemher 8i|,
tho big crop year
monthly
. Augii"! 51 .
October 75.s. Thu*, aevernl rut her rompll
rated questions arise to mar the clearness
of crop condition guesses, one of which |r
Was or wa* not the June condition
lively too nlga. —War* & Leland.
rola-
STOCK SALES.
11 a. 332.A
12 «a.<N
1 p. ttft.R
*Totni°'.'. V. 77 77 77lt%S
Private Wire to Glbert & Claj.
Oilcnpo. .Inn*' is. \\ I,.- it . »'* ri •*'
higher. Tho Fries Current report* winter
harvest progreaalug favorably. In<lff*atl<>i.«
nro thnt weather 1s turning very hot Iu
tha northwest and this, mining on top of
recent bonv^ rains, la likely to causa
marked apprehenslou of damage. Larga
.Minneapolis milling Interests were libera
buyer* of their September yeaterday am
northwest also bought freely here, *
higher market.
Look
for hI|HH
8UU favor long side of corn and oats.
Cash demand for both excellent.
Record-!fernld: "The northwest displayed
an anmlstakable tendcucy yesterday toi
work up a rust scaro on wheat. Attention
waa persistently called to the heavy rata
and tho prcdictlouii of hot and muggy
weather to follow. The trad* Ignored the
fact that except for some of tbe early
dram wheht.
t. which la presumably Ini
inune^fnun_ rust, tho^ plant has uot yet de
loped far enough to lie subject to daui'
nge from ruat. No stalk has yet appeared
and It will be somatblng new In wheat
growing If rust should attack the blade
with ssriou* results at such a premature
d f however,
stage. Tho trade had In mlhd.^BIWIfH?
tho disastrous experiences of 1904 when tlie
red rust report* wero followed by real
I'lurl* mst damage.
"A Minneapolis correspondent writes:
'Considerable stress Is being laid to the
reports of red rust We have never raised
a crop but what we hnd more or lees rust.
This appears only on the leaves at the
present where fields have received too much
rain, and at present la unimportant Great
Improvement will show up with clear
weather. Think the crop In tbe north
west promise at pretent to tie aa good aa
wc Imre hnd In several year*.'
“Excellent rep«rte nfe coming from aonth-
era Illinois on tba whaat crop. Cash grain
concerns operating there, aay that t
la the largest In ten years."
June
77«IO p IICMUUi
38.—'Th. crowd lo r,r»
boufht wbcat. Mid;
IM Lab. MlllDf.
Price Current, Cincinnati: "Winter trh.-it
Ml'
buY«. have
all
harvest progressing under favorable condi
tions; yield equaling expectations; quality
good. Corn In position to make rapid
progress under farorahle weather and out
look encouraging. Oata decfdodlv ahort, but
somewhat Improved, racking 620,000 bogs,
against 670,000 last year.
WARE & LELAND’S
DAILY COFFEE LETTER.
New York, June 28.—The coffee market
-B. _ r tata. Sales to midday only
J OQO bags. Of the European markets,
nvre was unchanged and Hamburg un
changed to hi lower. Tho Euro;>cau mar
kets did not respond to the local sipciitiefl
of tho previous day. but flierc waa frothing
to cnrounigo buyers In the regular ncqra
from Brasil. The rate exchange waa l-82d
higher. Receipts wero liberal, the tro
porta getting 24,000 bogs, against 21,'i00
bogs Inst yeor and tbe Juinllnhy 18,000,
ngnlnst 21.000 last year. With three more
<lll>
ccmts nt th# Uraslllon ports to date about
HUSO,000 bags. It look* like a commercial
crop of just about 10.SO.000 bags, which
and Just about midway between tbe
crop and that of two years ago. Thla
Increase In the yield over tho small crop
of last year
ot sufficient to Indlcnti
lecta rather somewhat better weather
during the growing season, an ;bu*, with n
year ns unfavorable for developpuint ns
that which produced tbe Inst ?rop, future
crops might be even smaller,
Now York, June 27.—Following are opening
nnd closing quotations for coffee for future
delivery today In New York:
Opening,
ft 1,
•0 li
January ,, ,, ,
February .. ,,
March •• „
April ,
May ,
Juno
July ,
August ...
September ... ,,,
October ... ,,,
November ... ,,,
December
rinsed steady.
Close.
COTTON SEED OIL MARKET,
June
July
September
October
November
December
Closed steady.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, Pr*,ld«nt. A. E. THORNTON, VlM-Pratldtnt.
H. T. INMAN, Vlo»Pr„ld,nt. GEO. R. DONOVAN, Caahl.p,
JAMES 8. FLOYD. A„'t Ciihl.r,
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
HAVEYOUANYMONEY AHEAD?
Is It lo vested where it Is perfectly safe?
la It available now if FORTUNE ehould knock at
your door?
Prepare yourself to take advantage of opportunity
by Investing your savings In this bank, where they
will earn per cent COMPOUND INTEREST, be per
fectly safe and available practically on demand.
PIEDMONT BROKERAGE CO.’S
DAILY MARKET LETTER
New York, Juno 2ft.-Liverpool sjtot mar
ket was dull again today, spot sales being
only 6.»X), and while future* were steady,
our opening was ot last night's closing,
and soon weakness derelopcil la tha new
crop options owing to more fovornblo
weather conditions. It la expected that
tlm i
a deterioration of about 8 per coat. liver-
iIm* go
now. The, now
pstats
York
weight against hedges. wPtV i
The ms i
Ifference c»l«f*
ms are under
_ abort covering
tho only support. The market shows a
larger outside Interest than for aome time,
and wo only look for a trading market for
tbe present.
Hforks-Iu the opening hour this morning
prices underwent a severe break, and low
records were made. After tha first hour
vigorous support was forthcoming nnd a
sharp rally occurred. The rumor on Amal
gamated Is that at the directors* meeting
next week the stock will he plared on sn I
per cent basis. Theao Increased dividends
on various stocks coming at tbe time when
make fcla ap-
Increased dividend Is looked for on this
CEREALS OPENED
SLIGHTLY LOWER
THE RESPONSE IN LIVER
POOL WAS SMALL.
Rains Fell in Harvest District!,
with Further Rain* in the
Northwest.
Ilj l*rlr*t. Ira.ml Wire.
Chlcaffo, Juno 38.—Sentiment on
wheat I* badly mixed. There are a
few bts long* and they are working
Induitrlouily to advance price*. Wheat
closed 8-IW2-4c lower for the day.
There Waa Irsa bull newa than In a
week or two. while bear n.w* waa
plentiful. Tho Jon.i-Inglla report on
winter wheat In principal slate* give*
a total of 281,009.000 bu«hela. The
grand total Is 430,000,000, the largest
In the history of the country.
The cloalng for corn showed that
market wa* 3-84/5-Sc lower.
Oat* were l-8(M-4c up to l-8@
1-4o off, and provision* were off a
shade.
CHICAGO GRAIN MARKET.
84H
OpeiL Illjh.
WHEAT-
July .. 88*4
Hep. .. 88%
.. M'tt
C&BN-
ily .. 62N
Hep. .. 63%
lire. 60S
OATH- _
ft = g
July^H.OO fr.lJI
Hep. ..18.72ft 18.80
Jsn. ..14.90 14.10
33
MS
r,2i*
ft
37ft
17.12ft 12
Irt ft<) in
14. W
_ r DB8—
July .*9-J
:!9!02ft
ft.75
t 07 ft
i.97ft
In.
Oct.
9 if
n.rft
9.05
Cash Wheat-No. 2 red, 87^1*8; No. 3 do,
No. 2 hnr«l winter. tS<g$4e; So. 3 do.
7H^*lc: No. 1 northern H[irlug, S^j87c; No. 2
do, blf/Sdc; No. 3 spring, llQMr.
NORTHWE8T CAR8.
PRIMARY MOVEMENT.
The following figure* gh
movement of wheat nnd coi
Wheat—Bereipta 2M.000 I
239.000 Imshela last
buabsle. HM
Corn— Ilecelpts 6M.OOO bushelR
000 bushels last year; ship
bushels, against 7QB.OOO bushel
helH. ngnlnst
year; shipments WJ.OUO
gainst 228."" i bushels InRt year.
CHICAGO CAR LOT8.
- Today. Toi
LIVERPOOL GRAIN MARKET.
SOUTHERN EXCHANGE
Oldest KnGibllabed Office Routb.
conoi STOCKS BONDS -fiMII
Ordund Floor Gould nulldlnr. Dally
market letter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, CRAIN
Correspondsot’s Capital $250,000
RgrCNKNCC, THE NEAL SANK
PHONE HIT. PUUOENTIAL ULOO
CENTRAL BANKS TRUST CORPORATION,
CAPItAL $500,000.00
Asa G. Candler, President.
Patterson, Vies-President. A. P. Colts, Csthltr.
“ Wm. D. Owens, Asst Csshisr.
yt• n• ratio, suit, »*%«-• • i
John 8. Owen*, VIccPruidsnL
NertHwrat-lIrtly cteady; 84 to .4 aba.,;
•rattsrad akawara.
Wrat *nd K< "
WM. L PEEL PrreMaat.
KOBT. P. MADDOX. Vlra-rrea
MADD0X-RUCKER BANKING CO.
$200,000.00
$500,000.00
CAPITAL
SURPLUS AND PROFITS . .
ACCOUNTS INVITED
Wc invite accounts of individuals, corporations, banks
* nnd bankoni and offer the best terms consistent with
conHcrvntive hanking.
In our Saying. Department wa allow Intern! at tha Rate of 2 1-2 per
* cent. Compounded H.ml-Annually,
'LAND
3, STOCKS, I
' Orlt.nl
WARE A LE
COTTON, GRAIN, PROVISIONS,
he. 2 Wall SI.. Ftftrt t»*Hn»j. fttlisfi. C».
MIMBIKS;
fas f*rl C*ff*s fadiap.
gear Orlttni C»tfm fidauft.
llfttfl Coft«* AiiG</jf/o«
hltil* Wire! f# Htm York, Ntw Orltant, Chifago.
Ball Float I2i2.
BONDS,
Chiagi Board at Trada.
Cb ago Sloth hthaagt.
York Co*loa inhaaga.
PIEDMONT BROKERAGE CO.,
(Incorporated.) Basement Floor Piodmhnt Hotel.
STOCKS. *K)NDS. CRAIN. P*OVI«ION». INVESTMENTS,
Fast Wire Service from N*w York, Now Orleans, Chicago.
CORSCSPONOINTS
M. J. SACK A CO- AZ BROADWAY, NEW YORK.
tow. NOTH. Manager Lotsl and Loo g Pi float o tall Fhaaa 1391.
.... . .
—
SB*
i - r