Newspaper Page Text
THE JULY OPTION
NEW ORLEANS BULLS HAVE
IT WELL IN HAND.
i New crops Lower on Reports of
Improvement in Grow
ing Crops.
In tbe cotton Burbot tml.y
aitiwi In the July option In Now Or-
"rhlro In a ilanforoua option to trndo, In-
„„ the cuatomary margin enu be
BBS “out In a few nilnutea on either aide
Jw P fh«°«ce<mnt."'It la a ponttlon to lie
l£.niimlntrd either tip or down to ault the
IK", 1 hence l.rokern ‘there ore refnalng to
IScent bnnlneaa nnleaa receiving or dellv-
faSne the nctonl cotton la contemplated. A
I auraln of It per bale la rcoulred.
new crop month. fu that market
.how a declining tendency, due to report.
| of general Improvement In the Erotvlng
The Tlmeanemocrnt pulillehed Ita report
on the nrogreaa of the cotton cron during
the uionth of June thla morning. The con-
"naua of opinion la to the following ef-
‘ItlaMart Improvement baa been the rule
—though Georgia and certain acctlona of
the Corollnta comnlnln of damage from
•xceaalve rntna. Taking the belt lie a
whole, there haa tieen practically uo nban
douBH'nt of nerruge. .
The cultivation haa lmcn good, thongb
la'ior la acarcc In moat district.. The bull
52,11 la reported from some parlahrs
In honialnon. but the fleet seem, to be
liU menacing than uinat In Texas.
In Sew York, the trade Is apparently
.meeting the government report, to M
lasnol tomorrow, to give them n
tfiroureof iiflcea "in' the Immediate fu
‘-adr
mrc. hence trade la dull, with the tendency
toward n lower level. Midday price*
showed a alight decline aa compared with
Saturday*, dual llgnrel throughout thu
U The New York Commercial, In Its review
of the cotton market, on Snturdny, says:
_ -There was n derided change of aenti-
r\ meat during the Into trading, nod there
I are munv who now believe that October
. la an Inidly overaolil that there wilt lie no
eacaiic for the aborts In that month, no
maitVr If It should l»e a 13,000,000-ha la
•op. The south ami the rings are short,
irf agnlnat their shorts Is a long Interest
repr/MMitlng sales to mills which[_cau jaot
be dislodged.
ur The general sentlmeut after
the close yesterday ouemed to lie that a
government report In tlw l*ast bullish
might breed a ronawny market.
By l'rlvate leased Wire.
.New York. July 2.-In the cotton market
further g«md covering by shorts offset the
There
disposition to even up for
the government report due tomorrow. Tills
lafinenre I'hccked new business, and made
It difficult for the bulls to follow up their
advantage.
NEWS AND GOSSIP
Of tho Fleecy Staple.
Private Wire to Glbert A Clay.
higher.
adinnee which, wss_due. The ndvaueo t»f
1 to 2 points In fall months Is, how
favorable, .bowing
lS?t ? ™ Delta. Otherwlae
sit Is dry but generally cloudy.
Today’s ms|
some a
the be]
Itoyond having a good undertone, market
The iS ,jr I In ublntloii thus
today haa noaumed exceedingly small
fng^tuprovement! Ch “*“' huWet< ' r '
If ■■ rt? h ,t down to trading with spot
bamtler*. Hulls rlalin cun put thla option
higher, hut If mnniimlatlon for an; man
Is abandoned speculative longs will'
!.!W!S imaltlou, hence we will want
per bale margin.
Private Wire to Ware A Inland.
Vork, July &—Cotton opened utendler
thun expected, though there wna some Wall
•treat selling iiased on poor cables nnd fav
orable Tlmea-Iiemocrat report. Trade light
nnd largely of professional character.
Liverpool cables: "Market steady; boa!-
eaa limited pending bureau report." ^
New Orleans, July 1—Liverpool la shoot
*• expected up to J p. m. The Tltm-i-
Ih-mocrnt June report on tho condition of
the crop la more l-carlali than export oil end
CSin flgSrJd™!'"' l ’ Urt ' nU retntl ,h “ ha *
SHORTS THE BOOSTERS;
LONGS DEPRESSORS
-New Orleans July l.-TImea-ncmocrat.
Shorts were the boosters find longs the
w.a. i.Vr Vu\ y P 0111100 wa * «*»* hinge od
^H l L ,he _! , ' II1 *. , ' Brun *- t ,,ld rrr J little nt>
tentlon wm given the movement, the
— 'ho opinion, emanating from|
New* York. Iteyond the trend of current
event a, the altuatlon npnears to be reel
sonablr clear, becauae It la
died
recognised that July stringency la^xertlng
a somewhat tuteutlal inflnence aa n sua-
tnlnlng factor of new crop options. Local-
straddlers for the moat part are car
rying the spot month short Interest, and
dlaguat With their Iwrgnln hue turned them
all Into anxious seekers for cover. But the
Ifcw men who coutrol the eltnatton have
no Intention, If they enn help It. of per-
mtttliiat; a rise so rapid that outulde cot
ton will t)e poured Into New Orleans for
Hendcr porimaea. The prnpwdtlon, while
without merit to the broader sense, never*
theless carries with It practlcnl poaalhtlltlea
thnt cun not be overlooked, hence the ten-
slou lately In evidence."—Ware A Lelnnd.
GIBERT & CLAY'S
DAILY COTTON LETTER.
After selling down to 10.22 for Oc
tober nnd 10.28 for December In the
late forenoon, the market rallied a few
points after midday. The recovery was
short lived, howeved, and under room
lliiuidutlon and short selling by wire
house., prices again weakened and .at
1 o'clock showed a net decline of 5 to
> points. Y
SPOT com ON MARKET.
aCW 1 orR—i/uiei,
Sew Orlen tm—Quiet, 1144c.
Liverpool—Quiet, 6.101.
Augusta—Sternly, ll)4c.
St. Loufa—Quiet. lOJfco.
8a vaunah—Quiet, 10Hc.
LIVERPOOL COTTON MARKET.
I.lverpool. July 2, 12:16 p. m.—Cotton, ipot
quiet, with price* easier. Mhblllng up-
lamia 6.16; an lea 8.000: American 7.600:
apruolatlun aud export 600; receipt! 300; all
Amerlrnn.
Future* openod ateiidy.
’ (opening Previous
Range. Close. Closu.
July.. ,
..
Aufunt Hent. .
wpt.-Oetoner. .
Oet.-Novemher.
Nov.-Decent tier.
Dec.-January....
Jnnnary-Feb.
.5.77
, .6.70-6.80
. .1.61-6.60 6.60
, .6.66 6.66
..5.GS-6.64 6.64
. .6.56-5.66 6.64
6.81 6.91
6.76-6.77 5.83
6.77
fcS
Hi
6.64
5.65
6.68
6.68
TODAY'S PORT RECEIPTS.
The following tsble shows receipts st the
E *rt> today, compared with tho’sams day
■t year:
WARE A LELAND'S
DAILY COTTON LETTER
L-Th, cotton market
tii dull today. The talent wera
dar Jfi 1 !55 nt *lb»de, a* tomorrow I* bureau
Sfid ,b : 'wy ntt * r ft holiday. The un-
° m i ,b * ,rft d* 1n general over to
tal ..J wmdltum was Intensl-
mm r,n ‘^* l>emm*nit report on the
r n “ raon * **«ftrtftl» than expected
ernmTiTr r 1 *° I?. 1 ® 1 *° • nport by tho gov
StllP 9 audition of between II and 87
ZLfV.ul* ;T1me*-I»etnorr*t report
■ SeTrLni.* ,owrr opening, but after
lad £T. I 1 * ? nd notU 1 o'clock tho market
_ ' .an tendener >t all th. i-i,,,...
if Xi •-P'wta were also bearish, and
WavT '“t net been shaft aoow
a It 1 1. JL * wo,1 kl have been In order.
- "I'ort tomorrow will have to
a^Medly hrariah to cause a material
oeansh to cause a materi
• ■u.cii.cT "t* Wa of short, oatr
tta dartSL' ?««•» on even a mod-
f »f condittmi I. now apt to go too
By Private Leased Wire.
New Orleans, July 2.—The Liverpool
market was excedlngly quiet, options
showing on the close no change from
Saturday's final prices. Spot cotton,
however, was more In demand, sales
today aggregating 8.000 bales at a de
cline of f points. The market's under
tone was fairly steady early In the day,
but weakened somewhat later on free
Offerings, and from the fact that the
July liquidation was much less of a
factor In Importing any undue strength.
Tho near approach of the government's
July report, namely, tomorrow. Is prob
ably responsible for the Inactivity In
the market, traders apparently being
unwilling to further commit them
selves. although It Is generally admit
f any, change Is
ted that very little, I
looked for from the previous month's
condition figures. However, It would
not be surprising to see an Improve
ment, as Indicated by The Tlmea-Dem-
ocrat report published today. The
weather In the main continues excel
lent and since the breaking of the
drought, moisture appears to have been
very evenly distributed.. The majority
of complaints have been momentary,
and hence easily remedied with the
single exception of the scarcity of la
bor, which In reality has assumed se
rious proportions In several sections
of the belt.
cotton nt home end .
tinned satisfactory development of the new
crop keeps the market In "statu quo.”
It Is n long time slnco market factors
burn so nbsnTutetv balanced one nuothcr.
For the demand for spot cotton there up-
K ara to tie n supply, and much cotton that
s been held In the Interior Is finding a
market In .mail qnnntltleu, which about off
sets the demand for new Knglund and for
export. It now looks an though the human
of tomorrow will show no material change.
AT BETTER PRICES
DUE LARGELY TO COVERING
OF SHORTS.
Feeling General That Declines
Last Week Had Run Too
Rapidly.
day were left with little change from i
Kaumlay'a closing. London *(»nt over hlj
nfS
ablerable gains. Then, under a reiiew^H
liquidation and short aelllnf, the advance
were quickly lost, the Pennsylvania nnd
tho Rending share*, which were under
dent, however, that the market bml n
quality of reaUtnuce which, durlnir tho
greater part of last week, was wholly ab
sent. Price* when forced dnwnuvinl eccm-
wot.
to WPMPHHHHp
much more than to actual llquldntl
u consequence, whenever there
yielding to henriah
et-up at all in operations for the fall, thu
market milled very easily.
Although there were no Important do
TheL...
provement wn* largely due to the covering
of short*, but there.wa* n more general
feeling that the declldea last week had run
too rapidly and thnt a rally, at least, wa*
Idue. Steel stock a fractionally higher. Col-
orndo Fuel Is h
Ivanced I
tlonnl advance. After the opening trading,
the market waa heavy aud prices showed
the early part
of tho flrst hour was decidedly strong, but
price* declined after the first fifteen min*
ate*, then the market rallied, and.
do**. In nearly all stocks traded In the
quotation* nt the end of the flrat hour
OM^rtifl^lfitirintMive the dosthg figures
were material!
on Haturday.
In the Hlfl stocko.
general strength, and although It made
gain of 1 point at the opening. It quickly
dropped 6 points, and dla not.share In the
Utter rallies. _ „ ,
Government 3s coupon declined
Other bouds lower.
ttc.
STOCKS REVIEWED
BY NEW YORK SUN
New York, July 2.—The Sun says:
the opening of last week stocks 1vcre al
most wholly of a professional character,
bat there was continued evidence of the
operations of specnUtora for the decline
who were endeavoring to press price* and
to counsel liquidation by pools on which
tho advance In the rate* of time money Im
posed a considerable harden. gMs party
tlonal rumors aa to the
the administration In regard
RMMMMHHBt p . nr ihrH
rostlgatlon of corporations, railroad and
Indnatrlnl. ami th. • criminal proaocntlun
of officials who might Imi held rasponalble
for any violations or ornslona of the latv.i
The Inforenco at which tho street wna txJ
pected to arrive waa. of course, that ini
■lnstrlal prosperity waa on the wane and
na almulta: “
bear
imultaneous pressure wae brought to
Hlnpon a number of prominent Industrial
Issues, a Urge nart of the tradlug cornmun-
ty arrived at the conclusion that the turn-,
ing polut hod cumo in the market and that
the general tendency of prices would hw'w-
after be downward. Another matter which
was worked to Ti* fullest extent as pn ad*
verse factor was the announcement fluff _
number of jmtbraclte t coal jnJnra^^wouUl
dose down for a few day*. This was 1 otb-
Ing more than the usual cessation of labor
at the mines around the fourth of July.
IHIIHiRIHilPso Instance any I
real merit, there was one factor wbldn con
tributed largely to the wwm of Interests
working for a decline In the market, ihls
l>elng the calling of loans and tho tying!
up of funds In preparation of the July dls-
bnwments^whleh this year are tho largest
on. record.’'—Gib
TIPS FLASHED
From Wall Street
meat. There has been rery slight deterim
tlon In Texas, notwithstanding the bowl
that local speculators have set up. In the
Carolina* and Georgia there has been a
slight Improvement, and a material one In
Mississippi and Louisiana which offsets the
deterioration In Texas and AUhama. The
crop Is generally clean nnd the rains of
last week hare everywhere been beneficial.
In the local apecuUtlre situation the onl;
ipeculati
prominent restore la me effort or the bi
Interest to make the public liellere th
the crop la In a precarious condition, I
erf by’ to establish n basis on whlrtl
rgo Ion
successfully or not depends on the weather
crop ixcltloi
crop positions do not decline In price and
apparently nra not likely to until new cot
ton la nvnllat-le, nnd It Is barely poralble
that competition for the early receipts of
advane. later on, ... .
fnl. thnt Decemlier and January will b.
materially affected.—C. It. Freeman A Co.
PIEDMONT BROKERAGE
DAILY MARKET LETTER.
By Private la-used Wire.
New York, July 2.—Cotton—Dull
ness and steadiness In the cotton mar
ket thla morning. Liverpool cables
were lower than expected and our
opening unchanged from Saturday's
closing. Weakness developed on the
new crop options on reports of favor
able weather conditions, and expecta
tion that the government report, which
cornea out tomorrow, will show the
condition fully maintained. We hardly
expect much activity In the market at
present, aa the public Interest Is small
est for a number of months, and only
expect a trading market for the pres
ent
for the trade seems to foraet tha
that relieved the drought fa the ■
came shortly after the 26th of
„„„ „ to the date to which the rep<
carried amt for this reason a report of ha
tween 8* sad M would t-c very bearish, a
It would point to a condition of at less
’rlvate Wire to Glhert A Clay.
New York, Jnly 2.-Daniel Odell A Co.
Moderate recovery In the etock market
would not bo surprising today. Hoeb ae-
to have Iron largely manipulative. The
market looYe a little so at. ns It will
very likely meet stock on reasonable rut
iles. Vulnerable stocks should tie sold
short on displays of strength for turns.
Watch the,Individual positions."
New York. July 2.—Marshall Fpader A Co.
"The Influence of s congress acting on si
extreme of Impulse from extreme views o.
an active and. perhaps, reflecting an exag
gerated degree of apprehension on the part
of the public. Is removed liy the adjourn
ment of that body. Ira enactments, wheth
er for the good or for evil, will he In
effect In the near future, and some a re al-
New York, July 1-
8tucks plentiful In kmn crowd, and will
encourage renewed bear drires and create
further llquhlntlon, while there Is a pros
pect for gold Imports, heavy disbursements
of money for Interest and dividends to bo
to any extent, it .**■ *m, we*,
that from now on the good stocks should
show profitable turns when bought on sharp
Tone of newspaper comment over end of
tho week conservative, bnt fairly con 11
dent. •
United 8tales ffleel half yrar closes wl
nrplua In neighborhood of tl00.000.000.
surplus
Inga 1
ynr about 11 per cent on stock.
Forty-four roads for third week of June
show average groan Increase of HOt per
cent.
GIBERT & CLAY
*LA»AMA ST.
COFFEE. PROVISIONS
ATLANTA, OA»
| i r i k r it ** k Exrh*Bf*JN*w Orlrans Cotton L!22ha«
T*SSv2°* £ sclk **<*fx* w Orleans Block
■ ** c °g— ExekaiSejNFw Orica as Board oC Trads.lGalv—ton Cottoa Eickaags
(N tses^B
, R. FAGAN. Manigur.
National City bank shown principal cash
gain in hnnk statement.
Kschange still at gold Import point, nnd
some purchase, of bar gold la open market
la London for American account thought
poaathlc.
Twelve Industrials declined » per cent
Twenty active railroads declined gt per
test.
Money on Call Working Tightar.
Money on call opened nt < per rent;
highest 7 1-2; lowest i 1-2; closing
7 1-2
RANGE OF NEW YORK STOCK MARKET
NOTES ON GRAIN
-l*an
Atlantic lonai
American 8ucar Kcfinlng *.
AuntNtmla
American laoromutlv
Amcrlcmi Cotton OH
Hnltliuore and Ublo
Brooklyn Itapbl Transit
id Northwestern..
I Leather..
— —pnarrsd-i.
Chlcuxo anti Great Westeru.
Chicago, Milwaukee and 8t. Paul...,
I)ciaware and iiudson.i
Distiller’s Securities..
Erie
preferred
I Electric
Mexican Central..
Mirisi.in I |',i- |f|i
New York, nntntio and Western
National Lead.
Noitliern I'aelfle
York Central
Ne
Norfolk and Western..
lvniimlvimlii ..........
l»le’M (ias
Itcaillng
Itepublle Steel
Uock Island.....
n. . preferretl
pd States lttiblier .....a......
Hoot hem Pacific..;
-J. prnf«
Bloea-tfheffleiu
Tennessee Coal and Iron * ,..
Pacific
Uulted States Steel
_ do. preferred
Vlrjrlnla-Carollna Chemical..
do. preferred
’estern Union
alMish
referred....
do. preferred....,..,,...,
Wisconsin Central
do. preferred
Pointers on ProvUIons.
RANGE OF THE COTTON MARKET
RANGE IN NEW ORLEANS COTTON
The following Is the
futures In New Orleans today:
rnnfe In cotton
Open. High. Low. Sale. Close. Close.
July .11.16 11.30 11.06 11.00 11.04 06 11.14-16
Aug. .10.62 10.66 10.64 10.64 10.64-6* 10.68-69
Sept .10.37 10.38 10.34 10.34 10.31-64,10.IMO
Oct. .10.32 10.28 iai9 10.20 10.20-21 10.20-16
Nov 10.2121 10.26-28
Dec. .10.25 10.28 10.22 10.23 10.23-24 10.28-29
Jan. .10.12' 10.62 10.28 10.28 10.29 31 10.34-36
Mch
April
Closed quiet nnd steady.
10.41-43 10.47*48
RANGE IN NEW YORK COTTON.
The following .in tti rnngo In cotton
futures in New York t<
July.
Aug. .10,11 10.34 io.: . .
Bent .10,63 10.62 10.E1OTMHH
get. .}«« 10.fl lO.a 10.34 10.61-24 JO.61-33
Nor. .10.81 10.81 10.26 10.S 10.24-26 1a62-34
Dec. .10.68 10.81 10.28 10.29 10.39J0 10.67-38
Jan. .10.86 10.38 10.33 10.33 10.33*34 10.40*41
Fat 10.64*36 10.41*43
Mch. .10.47 10.48 10.40 10.43 10.43-43 10.48*49
April
Closed steady,
COTTON 8EED OIL MARKET.
New York, July 2.—'Th* market for cot
toh feed oil was quiet, with prices a shade
lower. Ileflncrs sold some, and outside
speculators offered more freely. In the
near positions. It was still a waiting mar-
:, while the new crop deliveries were
susceptible to narrow movement In cotton
quiet, with prices nominal. Price* st the
close were unchanged to %c higher.—Ware
land.
Openlni
July
August
October
November
December
Closed steady.
LIVERPOOL GRAIN MARKET.
Wheat opened unehanged; 1:30 p. .....
unchanged to M higher; closed unchanged
34 lower; dosed H high
Wheat
Corn .
Outs ..
Hog* .
CHICAGO CAR LOTS.
Today. Tomorrow.
M
41.000 18,01
THE METAL MARKET.
Ry Privnto Leased Wire.
Now York, July 2.—ThOra wna n
slightly firmer In tone In tin which
advanced 1-2 for spot and nearby iln-
llveries. Other commodities wero
nominally unchanged.
Private Wire to Oibert A Cloy.
Chicago, July 1—I liellere tb*r\
enough pressure on July wheat to
market lower. There la good ertd
cash wheat offerings are free.
Corn eased easier all around on the fine
weather and fair July deliveries, compared
to the local elevator stocks. Trade hert
•low. Logan offering Moy.
WEEK IN WHEAT
STARTED I SHADE UP
COMMISSION HOUSES WERK
THE BEST BUYERS.
Kldson Just sold 300 September wheat
on July coutracta.
corn and possibly a little, oats. ..
deliveries of provisions are expected,
IJght
packers h*ve l>eeu active 7n"changing him
July to Beptemher. although the -
July to Heidemlwr. although there may
Ik* fair deliveries of short ribs, which will
l»e taken core‘of by Armour.
e Record-IIerald: "With prices aboTe
•sport level, with literal deliveries of
rheat on July contracts Imminent, nnd
The Record-Herald:
an ex Nfi * *
old wheat on July
with a large and fine new winter wheat
wop Immediately available, It Wtl
der that the speculator wan disinclined to
lake up the burden that home millets and
foreign comnuuers refused to l»ear. Rsr
ring an aceldent to the spring wheat crop,
which will, of coarse, put a new face on the
entire all nation, It Is up to the farmer to
leysl at which tho foreign buyer
take a very couslderahb
It Is fortunate
Wtt
gn
fide -
that thla leral
Ing extreme Indifference and art
way out of Una with Amerles.
“Corn has made a good showlni
the last week. The price has held re
nin rknldy well, In view uf the splendid crop
promise, the heavy receipts aiu! the ab
sence of any material dlstrlbntlra demand
through the east. The strength Is ex
plained because of the heavy shipments
made to fill formsr sales, and because of
the existence of a large speculative abort
Interest In July delivery.
“Quite a strong bullish sentiment la run
ning In the oats trade. Tho belief la wide
spread that tin* crop will turn out light In
“ largo portion of the area aa *
u the total yield materially."
Private Wire to Ware A Inland.
Heaviness of wheut duo more to lack of
tuylng orders. Offsrings light, and any
hers from Argentina saying heavy
Cudahy selllug May nnd December oats
caused weakness at thrf opening. Around
36c for September, Wells nnd the Northern
Grain company were the best buy or*.
Trade now very quiet.
The Chicago Inter-Ocean saya:
’’Chicago had Its first new wheat of tbt
season Haturday. Five ears of new tnrkey,
hard winter from southern Kanaas arrived.
They graded No. 3 hard, and .weighed 61
iHiunds to th« measured Imshel. They were
held nt 8c over the July price, aud a local
miller bid !e over, but there were no
Bales. Ixnst year, the first enr arrived ou
the 28th. and Inspected No. 2 red, and
brought $1. It was front Missouri. The
movement of new whest Is expectiil to lie
crease slowly from now on, but those who
have mads a close canvass of the situa
tion say they do not expect a he«Ty
movement until after July 16.
Wheat bulls derived a little consolation
Ilroomhall cable, which said the
are now reckoned at almut an Import 1
July wheat In Paris haa advanced
two weeks.
”A decrease of nearly 1,000.000 bushels
la expected In tho visible supply of whest
top week, compared with 1,114/“
for thf* week, compared wit
els list year.’’
4,000 bush-
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.
Frank Hawkins, President.
Joseph A. McCord, Cssbler.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
Dr. A. W. Calhoun.
DIRECTORS:
Frank Hawkins.
II. M. Atkinson.
Joseph A. McCord.
NEW YORK COFFEE MARKET.
Following Is given the opening and closing
quotations of the New York coffee market
today;
Opening, rinsing.
January 6.906.86 6.76*6.80
February 6.8*4.96 6.mc.«*
March 6.SA 4.904.x
April 7.00-7.06 7.ni>.7.«
May 7.06-7.10 7.06-7. U)
Juno 7.10-7.20 7.10-7.IS
■- ::::::::::::::::::: l
Due to Better Cables and Light
Receipts in the North-
WEEK IN WHEAT— .Mnrkrtu
L'hlrngo, July 1.—After opmlnff ft
Bttle firmer and holding eteady kk re-
eult of wet weather throughout the
northweet, wheat euddcnly weakened
on heavy offerlnce, final tlgurun oho
Saturday. Tired longe wero
The breeklng of the Argentine drought
and the heavy offering* of new wheat
from the eouthweit eerverl to offeet
effect of wet weather over Sundnv In
winter and eprlng wheat territory. L’n-
leee mllleri ehow eome disposition to
take new wheat, future, will natural
ly work ,tlll lower.
Corn hae been dull, but has ranged
steadily lower. Oaeh trade Is good, de.
mand coming from elevator, to apply
on July delivery eeles and a little local
Induetrfal and local ehlpplng. Cush
corn In the eample market off 3-ffl.lc
following elmllar decline during sums
time in the futuree. Crop proepects
excellent.
CHICAGO GRAIN MARKET.
The Chlrego grain market ranged ns fo|.
lows tods/;
Previous
Opvu. High. Low. Close. Clos«u
WHEAT—
July.
■
«%
sS 1
CORN-
fifc I
& fil ■
July.
Kept.
$
BOA*
6144
•IS
494k
UAHU—
m tgtt list
Oct. . . 9.00 9.10 9.00
July.
Kept.
Oct, .
Cash wheat. No. 3 red IS: No. 3 do so
084: No. 2
Z: l
herd winter Na 3
NORTHWEST CARS.
cere of todsy, Taet week nml last year
T S? T -
Duluth 67
Chicago 1*1
PRIMARY MOVEMENT.
The fnllnvrlng figures show the primary
movement of grain:
Wheat—RerHpts 4fl6.hoq bnahela.
Inst rear h«Jbbiy; shipments 918.00 bunt:
t'orn~nr+*it>t» >*»:, -> huehcN. ;»g.*j
bolblay last year; shipments Ml/ioo.
lovemher ......
)eceml>sr
Cluseil steady.
7.10-7.
1.40 6 * A
1.8*4-46 fffijM
• i - ’ • ♦ 4 *. 4..
«.■*'*
l
THE 8UGAR MARKET.
%
Ivate Leesefi Wire.
York, June 1—lu the sugar market
locally rcfin-il A and raw market steady
and unchanged.
nd unc
I/>ndoi
August
BANK CLOSING NOTICE.
Wednesday, July 4th, I* a legal holi
day: The bank, composing the Atlanta
Hearing House Aeeoclntton will be
closed for business on that day.
JOttCf’ll A. Mrt'OBD. 1're.ldent.
DARWIN O. JO.NLH. Mnnng.r.
SOUTHERN EXCHANGE
Oldest Established Office Bouth.
CO non STOCKS BONOS GUM
Oround Floor Gould Building. Dali:
■ - _ __ ar
marlcet letter and market manual
mailed on application.
L.J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Cipltal $250,000
RCfCaCNCK. THE NEAL SANK
PHONE I4IV. PRUDENTIAL BLOG
HAVE YOU ANY MONEY AHEAD?
It Is perfect
I* It avallablo now if FORTUNE ibould knock at
your door?
Prepare yourself to take advantage of opportunity
by Invceting your savlnge In thla bank, where they
will earn *V4 Per cent COMPOUND INTEREST, be per
fectly safe and available practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
Asa G. Candlsr, President.
W. H. Patterson. Vice-President. A. P. Colee, Cashier.
John 8. Owens, Vice-President. Wm. D. Owens, A»*t Cashier.
S14.Z5Q LAND NOTES 6 PER CENT
Made by one of the wealthiest
men in Atlanta and equally
indorsed. ;
No Brokerage Nor Commission.
Address
LAND NOTES,
Care Georgian, City.
WM. U PERU PrraMeot
BOBT. r. MADDOX. Tiro-Free.
MADD0X-RUCKER BANKING CO.
. . $200,000.00
. . $500,000.00
CAPITAL
SURPLUS AND PROFITS .
ACCOUNTS INVITED
We invite accounts of individuals, corporations, banks
and bankers nnd offer the best terms consistent with
conservative banking.
In our Saving! Deparun»nt we allow fnlereet at the Rate of 2 1-2 per
cent. Compounded Semi-Annually.
Hiw 0rf«a*t.
WARE & LCLA
■■ jRAIN. PROVISION
COTTONj GRAIN, PROVISIONS, STOCKS, HONDS,
Ha 7 Wall SI., f.l.’i talltll. Artier». Cl
klMilMSs
Htm Y»rk Cotton itthoog*.
Htm Orlaot Cottoo iMibaqi.
Ihttpool Cotton Ano<iition.
hltate Wlret to Hem Yolk. Hew Orleiot, Chiugo.
Bell Phone 1267.
Ckitago Botrd of 1
Chicago Sloth ho
Hem York Co 1 fte l
B. C C0THKAH
BROKERAGE CO.,
Batemcnt Floor Piodmont Hot*l.
paovisiON*.
INVCSTMCNT*.
PIEDMONT
(Incorporated.)
STOCK*. BONDS. GRAIN.
Peet Wire Service from New York, New Orl.em, Chicago.
conanroNOCNii
M. a. SAGE A CO . -*4 BROADWAY. NEW YORK
tow. HOTie. Manager. lo<*lan4loii Dutana Bell Phone I3»f.
9.60
9.46
0.57H 9.47 Vi
9.474 9 374
9.30
9.36
9.17H
9.224 9124