The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 02, 1906, Image 11

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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