Newspaper Page Text
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THE ATLANTA GEORGIAN AND >JEWS.
tJATOBDAY, JUNE L 19W.
COnONSOLOFREELY
AT T£ OPENING
Resulted in Lower Prices
During the Early
Session.
LATE FEEBLE RALLY
Renewal of Profit Taking
Closed Market Barely
Steady.
New York, June l.—Ther# wai considers
ble selling nt the opening of the cotton
market, notably by professional! and West*
ern connections. After the call, commis-
tone end rallied the price* about 8 point*
above tbe figure* established on the cull for
new crop poaltlon*.
At the close, Liverpool waa 205 point*
higher.
In New York the close waa barely ateady,
■WSFf- points lower.
014 polni
Comparative receipt* nt alt U. 8. porta:
Net receipt* Saturday ^4.451,
Same day last year Ti.989
Decrease 4.534
Total receipts since September 1....9,645.353
Same time last yenr 7,498,143
Increase 2,147,212
Estimated receipt* Monday:
1907. 190*.
New Orleans 400 to 800 2.741
Galveston 1,000 to 1,500 3.243
Houston 600 to 700 1,102
Movement nt Atlanta:
Receipts Saturday
Same day last year
Decrease
Shipment* Saturday
Same day last year
Decrease
Stock on hand Saturday
Same day last year
SPOT COTTON MARKET.
Liverpool, easier; middling uplands 7.30.
Atlantn, steady; middling 12%.
New York, steady; middling 12.80.
New lork, steady; middling 12.80.
New Orleans, steady; middling 12%.
Mobile, steady; middling 12c.
Wilmington, steady; middling 12%.
Norfolk, firm; middling 13%.
Baltimore, quiet; middling 13%.
Boaton, steady; middling 12.90.
Houston, quiet; middling 12%.
Galveston, steady; middling 12%.
Philadelphia, steady; middling 13.05.
Memphis, steady; middling 12%.
Augusta, steady; middling 13%.
NEWS AND GOSSIP
of tbe Fleecy Staple.
Special to The Georgian.
(From Hayward, Vick A Clark.) ^
New York, June 1.—J. H. Bnche A Co.
Liverpool due 6% to 7 higher on near and 6
to 8 higher on late, opened ateady 4 higher
“ and 5 higher * **“
emir not ■> hie
distant months.
Closed ateady net 5 higher on near and 2 to
4 higher on distant nosltlons. Spots easier
10 points lower; middling. 7.30; sales 4,000,
American 3,600; speculation and export, 400;
tporta, 18,000, all American.
A feverish, excited market yesterday aft
ernoon reminded many of the Sully days.
Squeeze of short* severe. Liverpool easier
on reallzlug. which Is but natural. This
bull market has only Just begun and on re
actions we advise taking on October cotton.
Government report will, It lb believed, con
firm worst fears as to the crop.
It start* off very ateady on scattered buy
Ing, mostly by commission houses. The bu
reau Is too uear at hand to warrant any
inatorla! set-back, and we advise taking
moderate linen on all weak spots betweeu
now and Tuesday.
Cables from Liverpool state the market Is
Inclined to pause, but still very nerv
weather condition*.
Following Is the statistical position of
cotton on Friday. May 31, as made up by
Tbe New York Financial Chronicle:
This Last Last
Week. Week. Year.
Visible supply... 4.174,838 4.363.347 3,734.862
American 3,804,339 2,929,347 2,236.862
lu sight, week.. 81.840 78,441 112.779
Since Sept. 1.... 12,807,326 12,716.627 10,285.306
Stock* 493.000 497,169 617.697
Edited by.
Joseph B. lively
MARKETS
Mr. Lively'* twenty-flvs
years' experience of ed
iting market* In Atlants
tod tbe South baa mads
him a recognized au
thority In bli specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Exports
Int. receipts
Int. shipments..
Int. stocks
lowing Is tfc
ment for the week
47,613
60.112
33.666
57.398
268,538
51,382
56.629
86.091
67,404
292,781
rpool cotton state-
ling May 31
72.900
34.718
65,209
270,787
Week's aaies.
blch American
For export
For speculation
Forwarded
Total stocks
Of which American
Actual exports
Week'a receipts
Of which American
Hlnce HeptAfnber 1
of which American
Stock* afloat
hlch American |
1907J
31.000
24,010
■ 69.000
1.222,000
I,<M>
■ 13,000
78.000
■ 69,000
4.478,000
3,646,900
43.000
1,600
4.100
64.000
901.000
787.000
11.000
26.000
13,000
3.676.000
—2,716,000
112.000) 63.000
66.000) 87,000
pros-
TODAY'8 PORT RECEIPT8.
The following table shows receipt* at the
ports today, compared with the same day
last year:
New Orleans.
Galveston. . .
Mobile.
Savannah. . .
Charleston. ,
Wilmington. .
Norfolk. . , .
Boston. . . •
Philadelphia.
INTERIOR RECEIPTS.
The following table shows receipts nt the
Interior town* today, coiupured with the
earn# day last yenr:
New Orlorfns, June 1.—Hayward, Vick &
Clark: Map Indicates showers and partly
cloudy In eastern states. Generally fa
western half of belt.
strength of New York prevent* liquids
tlnn. People buying expecting another ex
cltement In New York.
Weather outlook much better. Liverpool
5.545 bad and holldny here Monday. Expect con
4,293 alderahle profit-taking. ,
1,262 Hhort* will cover close up before Tues
day, while the temper of the longs will
hang to n portion of their holdings any
way, consequently do not see much
pect of decline before bureau, aa so
nave been predicting this morning,
bureau Is over 70, probably ease off some
temporarily. If 68 or under, will advance
sharply, but In either event It Is n bull
market and going higher fluully. It la a
evening up murket now.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Hester give* the takings of
American cotton by the spinner* of the
world ss follows, lu round numbers:
This week *228,000 this venr, against 211,
000 last year. 246,000 year before last.
Total alnce September 1, this year, *•!!.
081,000, against 9,855,000 last year and 10,810,
000 the year before.
Of this. Northern spinners nnd Canada
took 2.411,000 bales this year, against 2.211,
000 laat year, and 2.080,000 the year before,
Southern aplnnera 2.111,000, against 1,776,000
last year, and 1,839,000 tho year before; and
foralgu spinners 6.559,000, against 6,643,000
last ye*y, and 6,862.000 tho yenr before.
•Not Including BL Louis nnd Norfolk,
plus correction sine# September 1.
••Including plus correction 10,000 bnlea
alnce September 1, 8t. Louis and Norfolk.
WORLD’S VISIBLE
SUPPLY STATEMENT
Secretary Heater's statement of
world’s visible supply of cotton for
idlug Friday, May 31, shown u
or flie week Just closed of 213,138.
against a decrease or 97,697 laat year nnd
u decrease of 67.637 yenr before Inst.
The total visible Is 4,181,095, ngnlnst 4... ..
233 Inst week, 3,748,321 Inst yenr, nnd 3,874,
862 year before last. Of this, the total
of American cotton la 2,312,095, against 2,952,
233 Inst week, 2.250,321 Inst year nnd 2.528,
852 year before last, and of all other kinds,
Amalgamated Copper .
Atlantic Oast Line. •
American Sugar Uef. .
Anaconda
American I<ocomotlva.
do. preferred . . „
Am. Smelting Uef. , , ,
do, preferred ....
Atchison
do, preferred ....
American Cotton Oil. •
Am. Car Foundry . . «
Baltimore A Ohio .
Chesapeake & Ohio „ .
Colorado Fuel A Iron. ,
Central Leather ....
do, preferred . . .«
Chicago A Great W. . ,
Chicago, M., A St. P..
Delaware St Hudson. .
Distiller’s Securities. . .
Erie
do, preferred . . ••
General Electric , . .
Illinois Central ....
Am. Ice Securities . .
Louisville A Nashville.
Mexican Central . . .
Missouri Pacific ....
86%
Ss
a i
NAME OF 8TOCK-
N. Y., Ont. AW...
National Lead. . . .
Northern Pacific. . .
New York Central. .
Norfolk A Western. .
Pennsylvania. . . . .
People * G as.
Pacific Mall. . . .
Heading
Kepubile Steel. •
Hock Island. . . •
do. preferred.
do. preferred. .
Slows-Sheffield. . .
Tenu. Coal A Iron.
Texas A Pacific. . •
Union Pacific. . . .
United State* Steel,
do. preferred. .
Western Union.
Wabaab
NEW YORK.
The following Is the range In cotton fu-
tures In New York today:
6ELLER8 CONTROL 8ITUATION,
FORCING PRICE8 UPWARD.
The New York Commercial: With seller*
In control of the situation, the price of
ton godda Is being forced upward. They
are not making the mistake, however, of
getting the price of either brown cottons
or fine bleached goods beyond tbe reach of
the cutter*. Jobber* nnd general converters.
Baaing their figures for The advnucos upon
tbe stronger condition of the ysru iuar
ket*. the weavers are holding goods ut n
r iremlum for spot delivery. So fur aa tnk
ng contracts la concerned on bleached
cloths, the good* already stand at high-
water mark, and still cutters aud Jobbers
are catling for the acceptance of orders
through the balance of tho year. Where a
definite nrloe la named buying extends Into
IKK far «• May ami June. Tho dolay
In turning goods out of finishing shop* la
most aggravating, and udded to the short-
sse of goods In first hands, this Interrupt*
, but they are conservative In the
matter or taking both carpet i
pet* In the roll. Business In m
nouses will open today with white goods In
strong demaud, as well us household
dress linens.
The H. B. riaflln Company nnd the Tefft
Weller Company have secured some addi
tional hosiery and underwear stock, and
buyers will be able to fix at least a part
of their pressing needs on these goods.
Narorw Cloth* Aro Advanced,
Agents having any narrow print cloths,
especially 28 Inch 64 by 60, 27-Inch and 25-
Inch cloths of the same count nnd regulars,
are advancing price* for nearby delivery.
Ths f*ct that many printers and general
. convertors ar» In search of goods for late
June and July delivery. Is leading to u
stiffening of at least l 16c In the price for
•pots In the New York market. Wide
goods are also held at very firm prices and
th* Inability of agents to get large con
tracts accepted Is having Its effect In stimu
lating large consumers to order ahead at
value. Tbe Fall IUver production Is stead
ily falling behind the demand and uur
Stock that had accumulated during April
or tbe early part of May Is now complete
ly uuder order.
HAYWARD, VICK & CLARK'S
DAILY COTTON LETTER.
New York, June 1.— J. 8. Bacbe A Co.:
The cotton market opened down sharply on
foreign selling. The Liverpool market was
easier on heavy profit taklug sales, but
there waa a feeling of nervousness, and our
price* rallied quickly on renewed support
and manipulation. The favorable weather
In tbe belt had a great deal to do with the
quiet and eaaler market In New Orleans.
Predictions for tomorrow were for clear,
warm weather. This did not stop further
•bort covering, qnd price* advanced to
around close of yesterday. At this level
some selling brought about a further set
back near the close. We look for u ner
vous market until after the bureau Tues
day. Would buy on declines.
ngnlnst !
eek. 1,493,000 ln*t yen
ltd 1,315,000 year before last.
The total world's visible supply of cotton
ns above shows a decreuso compared with
lust week of 213,138, an Increase compared
with Inst year of 432,774, aud an Increase
compared with year before Inst of 306.243.
of the world’s visible supply of cotton n*
above there Is now’ ii flout and held In
Grcnt Britain nnd continental Europe 2.609.-
000, against 1,931,000 last yenr. and 1,927,000
year before Inst; In Egypt 1,119,000, again* 1 '
95,000 Inst year nnd 170,fXW yenr before last,
In India 787,0)0. against 1,014.000 laat year,
nnd 932,000 yenr before Inst; nnd In tho
United State* 766,000, against 808,000 hint
yenr, and 846,000 year before last.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGOR -Active. 16%fll7c.
LIVE POULTRY-llena, active, 40e each;
chickens, active, 16035c each; ducks, Pekltt,
80c each; puddle 25c each; geese, full
feathored, 40c each; turkey*, dull 12%c
pound.
DRESSED POULTRY-Tarkeys, undrawn,
active 14015c pound; fries, active, 25030c
pound: hens, 14c pound.
»‘BOI)UCE—Lnra 10911c pound; bams ac
tive 16c pound: shoulders active lOfllle
pound; sides active 11c pound; butter active
2O022%c pound; beeswax active. 26c pound;
honey, bright, active 10c pound; honey. In
1 pound blocks, active 12%c pound; white
pens active 12.50 buabel; Indy pens 13.54
bushel: stock $1.7502.16 bushel.
FRUITS-Lemons, fancy Messena,* $5.00;
bannnna, per bunch, ('nils, active $1.00;
color, per box, $5.00; limes, Florida stock,
per 100 $1.60; peauuts. !n sacks averaging
100 pounds each, owlug to grade, per pound
6%07%c; dried apples, 708%c; dried
peaches. ll%c; prunes, 60?%c; cautaloupe,
$3.00 crate. Ktrnwberrtes, l(V016c.
VEGETABLES’-Yellow squash. Il.25ei.50;
white squash $101.60 crate; cabbage, crate.
3c lb.; tomatoes active, $3.50; potatoes,
new, $404.50 barrel; onions, Louisiana,
$1.76 per bushel; Egyptian, 4c pound; old
Irish potatoes active $1.1501.20 bushel; cel-
erv. fancy, $2.5003.25 crate; pepper* active
$2.60 crate; okra, six baskets, small. $4.00,
rate; lettuce, headed, active. $2.0003.00 per
rate; kraut, half barrel. $3.75; beans, round
jreen. $2» crate; wax. $1.2501 50 orate; ns
pnrngns. 15020c 2-pound bunches; English
RIFE—Jap 506%c; head 60?c; fancy head
6%07, according to the grade,
i ll EE
10) pot
gti „
I, 50o; axle grease $1.75; soda crack
ers 6%o pound; lemon 7c; ovster 7c; bar
rel candy, per pound. 6%c: mixed, per
pound. 6%c; tomatoes, 2-pound. $190 case;
8-pound, $2.25; navy Iwans. $2.40; Lima beans
6c; best matches, per gross. $1.66; macaroni,
6%tl'Tc pound; sardines, mustard. $3.25 case;
twin* l7%c.
SUGAR-Standard granulated, 5%e; Now
York refined. 4%c; plantation, 6c.
COFFEE—Roasted Arimckles $16; bulk In
‘"712c.
. - 2 rolled oats
96 pound hags, $1.85:
light weight
.. 7%c pound;
baking powder $5 case;
£lnk salmon $4.25
bag -
Shredded biscuit $5
$3 25 case; sack grlti
ovster*. full weight. $2
$1.10 case: evn;>ornted apples
p-np-r iv r° -'^gaSBI
red salmon Se M |
coco# 4‘W*; chocolate 33c; snuft’, 1 pound Jars,
L. H. Fairchild. Eatabllahad 1885. i 8. J. White.
L. H. FAIRCHILD & COMPANY,
*
NEW ORLEANS.
Members:
New York Coffee Exchange.
New Orlenps Board of Trade,
* ’Ideago Bofrd of Trade.
LIVERPOOL COTTON ASSOCIATION.
Private Wire* to NEW YORK and CHICAGO. Order* solicited for future deUf
B. C. COTHRAN.
June.. ,
July.. ,
Aug.. ,
Kept.. ,
Dec.
Jan. ,
Feb. ,
March.
.11.60
• 111.43
11.66
.ill.91
.11.98
.12.08
.12.06
riosecl barely steady.
li\ I U
11.29-32
11.41 11.41-42
11.42 11.42-43
11.54 11.52 54
11.78111.76
11.80-82
11.84 11.83-84
11.93 11.93 94
1.44-46
11.66- 57
11.66- 63
11.66- 67
11.87-89
11.91-93
11.96-97
12.06-07
12.08
12.14
LIVERPOOL.
Following figure* give the opening range,
with yeaterday.
2 n. m. ana close, compared ■
Future* opened firm.
August-September..
Septemlier-October
October-November 6 &1
.November-December 6.49
pecember-January
January-February, .
February.March
March-Aprll
Closed steady.
Opening Previous
Range. Close. Close.
. 6.86 6.85% 6.80%
.. 6.73% 6.74% 6.69%
.. 6.71 6.72 6.67
.. 6.63 6.63% 6.68%
NEW ORLEANS.
June.. , • ,
Sept.. 0
Oct.*. ,
Nor.. ,
Dec. . •
Jan. . .
March.
12.33112.47
12.34 12.20
Closed steady.
3i i a
TTr.rira
12.70
U3F
12.68-7012.78-80
12.67 12.64
12.44 12.55
12.27- 28 12.88-89
12.26 12.36-37
12.24-25 12.34-35
12.27- 28)12.37-38
12.87-40 IS.41
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian.
(From Hayward, Vick A Clark.)
Chicago, June 1.—Bartlett, Frailer A Car
rington: Believe wheat will sell higher,
and prefer to buy It on all setbacks.
Look for good receipts of com for next
ten day*, but think this cereal should bo
bought during tbta movement.
Chicago Becord-Iferald: "Tlie partial fall
re of the cotton semi oil crop In this coun
try," suy* Martin M. Schulte, the lard ex
porter, *'of the olive oil crop of southern
Europe, and the high price for cotton seed
oil will soon remove tho latter hs a com
petitor of lard. Leading authorltle* con
cede that the available Hiipply of cotton
seed oil la short fully 600,000 barrels of last
rear's consumption. Disastrous crop losses
n the olive oil country, of which we In
formed the trade last winter, are confirmed
the large producing countries have been es
pecially severe. Italy’s crop Is reduced ono-
third, Sonin's one-half. In this country cot-
ton seed oil la used for the manufacture of
compound lard. In Europe It ta substituted
for olive oil. Thla accounts for the unprec
edented consumptive demand the world over
and tho active competition among European
buyers for tho scanty offerings of this
country. Their needs being so urgeut,
prices cut no flguro."
In answer to 6.000 Inquiries sent out last
week, tbe Van l)useti-lIarrlugtou Company
has received replies Indicating n decrease
of 12 per cent in wheat and au Increase of
16 per cent In the bsrley area. Their sum
mary of conditions waa: "Weather ha*
been cold during the lost week, but It hua
not been detrimental to growing grain.
Corn planting is well under way and some
flax has been sown. Small grain Is *11 out
of the ground In southern Minnesota and
moat or South Dakota, 11 ml shows good
stand and Is unusually well rooted. We
consider the present conditions quite satis
factory throughout the three states. The
Indications arc for an Increase lu corn,
outs and flax aerenge."
"The Minneapolis flour output Inst week
Increased 25,745 barrels," says the Nortb-
estern Miller’s summary, as wired to Lo
gan A Bryan. "The quantity of flour turned
out was 275,920 barrels, against 237.070 In
1906. The samo umuber of mills are In op-
rutlou this week as last, so the output prob
ably will be about the same thla week.
Flour trade last week manifested no de
cided symptom, except that most buy
continue to argue for lower price* 1
take flour In small quantities. The mill
full capacity waa the exception,
. ny reported Increased Inquiry
from abroad and sales of 15,000 barrels of
pat. <ut In United Kingdom markets;
other made sales of 6,000 barrel* of first
clears In London. The Northwest had
other week of comparatively cold aud
cloudy weather. Considerable rain fell lu
Minnesota and South Dakota. The mini
mum temperature has ranged between 25
aud 50 degrees aud the maximum 60 and 70.
Thla could hardly be called forcing weather.
TIPS FLASHED
From Wall Street
Special to Tbe Georgian.
(From Hayward, Vick A Clark.)
New York, June 1.—J. 8. Bacbe * Co.:
Slight changes In London.
outside response to president'* message
waa very poor, and after *horta covered
tbe atock market sagged, the uptown bear
clique hammering the stock market with
some success. Rise In grain and cotton
markets were used •• bearish argument!.
Th# gold shipment* will not be fully re
flected In today's hank statement, and all
things considered tbe hank statement should
not be unfavorable.
The Hat showed ao— -----
away from the Influences surrounding the
Harriman stocks, and many advances were
maintained, despite tbe setback In Union
Pacific.
The coal stock* should b* purchased
any recession*.
Rearisb sctlrlty rosy be expected again
today, but stocks are cheap and should be
bought on setbacks.
New York Financial Bureau:
stock market mixed with a sacj
Atchison down %, Erie "
London
Qg tend-
ranla %T Steel“%,' Amalgamated %. St Paui
%, New York Central advanced % and
Reading %.
Amalgamated la well bought on reactions.
Metal market Is higher.
Union Pacific receives support around 133.
Reading la sold on rallies and bought on
dips by professionals, and Is held between
92 and 102.
Southern Pacific Is absorbed for Invest
ment; also Northern Pacific and Great
Northern preferred and 8b Paul, which are
bonglit on declines.
Shelters la Id a trading range. Pennsyl
vania and New York Central have large
short Interests, and the bears could be
driven In any time It aulta the powers.
The Hill and Harriman Issues, St Paul.
Louisville nnd Nashville and Atlantic Const
Line are the best to buy on breaks, ns they
have been pretty well liquidated and their
earnings are altogether satisfactory, though
the cotton position Is a bearish factor on
Southern rails generally.
Steel stIU gats support around 31 to 32.
The btfbest grade houses are advising
conservative purchases or the best stocks
all reactions.
Town Topics: The short Interest Is still
extensive. Most of yesterday's buying was
clearly for the covering of bear commit
ments and the market la technically weak-
RANGE OF PRICES
Brought About Fractional
Declines at Start in
New York.
OPENED AT HIGHEST
Developed Acute Weakness
and Active Shares Slump
ed Sharply.
while we would continue to advocate avoid
ance of such Issues as New York Central,
Canadian Pacific, Missouri Pacific and the
entire Industrial section, which have a dis
tinct downward trend, though Car and
Foundry and Republic Steel will likely be
Influenced by dividend considerations.
Railroad earnings for the last quarter
continue to reflect greatly Improved condl-
TRADING IN WHEAT
WAS FAIRLY ACTIVE
Sharp Early Advance Was
Maintained During the
Morning Session.
WEATHER REPORT.
WEATHER CONDITIONS.
COTTON REGION BULLETIN.
mcrlillu time, June 1,
al W s LEAD—MARKETS.
' June L—The grain markets
TTJ.K iL'? Wer for wheat,
,0 r , corn and 1-2<®B-8c for
lower Provlslons were 12 l-2@5-8c
The local crowd was In the market
' “ >« r *e sonle and tho selling side
‘ h ?„ Popular one. The public was
smaller n8 ' T l ° volume of trade waa
World’s shipment* of wheat for the
week w-ere 10,800,000 bushels and de*
crease In the amount on ocean pass-
age la predicted.
Liverpool wheat waa l-8@l-4d high-
er aa compared with the net gain here .Aj 1 *®'®- Pt cloudy...
yeaterday of 3-8®7-8c * ® !! ! ln,t " lltK >8«. Pt. ol'y
Weather conditions In the northwest S8!H52!l.5 t ?! oni 3f-
were still cold with ralna general in
Canada, but clear this aide of the In
tornatlonal line.
AA?, n< !* ai \_ 8 ! 1,pment! * * or the week 760,-
000 bushels and Australian 570,000
R0 U fi "KSi 8 *- CO K m , paml w,th W00O and
528,000 bushel* respectively a year ago
Lorn waa up early, but it waa more
or leas under pressure all day.
Onta were In tho same position aa
corn. The volume of business In hog
products was very light. *
The southwestern storm, centered In Ar-
kuusas yesterday morning, Is now central
over Tennessee, where the pressure Is more
than half an inch below normal.
The advance of this storm area has
cauHed general rains over tbe Mississippi
valley aud moat of the eastern half of the
country. Rain was falling this morning at
Memphis, St. Louis, Pittsburg. Washington,
Norfolk, Wilmington and Jupiter.
A second low area Is centered over north
ern Montana.
The pressure Is highest la New Eoglnnd
and on the north Pacific coast.
The temperature has fallen In Missouri
and Mississippi valleys and over moat of
the South; in other sections It baa remained
almost stationary or risen slowly.
The conditlonr '
section tonlghl
cooler tonight
CHICAGO GRAIN MARKET.
foft'SJ? fJS&r* P' 0 ” 1 * 1 ®"* <1 notation.
Previous
WHEAT—
July
Sept
Bright,
the roiii
amishlix
with si
doubt i
forcing w
sunshine was lacking. With
m two or three weeks late, warm
I* Imperatively needed.. Favored
•h weuther, the plant would uo
ake splendid progress."
48c; roast neef $2.60 i
case; catsup $1.90
lenns, 35c
corned beef $2.60
—. . , . elrup, New Gr
ins, 35c gallon; corn 80c gallon; Cuba
, jtash, $3.2603.60 caao; neanuta. 8c; rope,
4 ply cotton. 18c; soap, $L6O04 case
PROVISIONS.
PROVISIONS—Supreme hams, 15c; bellies,
2>Vu£j pounds average. 10.07%; far backs.
8.12%: Supreme lard, 10.00%; Purity com
pound. 8.00%; 1'nllfornla hnuis, 10c; dry salt
extra ribs. 9.67%
FLOUR AND GRAIN.
FLOUR—Highest pntent. $5.65; beat pat-
ent. $5.4?; standard parent, $4.75; half pat
ent, $4.80: spring wheat patent $6.
rows—NO. 2 white, 79c: choice white, 81c;
white feed. 78c; No. 2 yellow, 7Sc; mixed.
“6c; cracked corn, per bushel, 7«c; hulls, $13.
CHICKEN FEED—Fifty-pound sacks 90c;
»urlna chick feed, $2,00; Mctor feed, $1.35;
rand feed. $1.30.
OATS No. 2 white. 60c; No. 2 mixed, 59c;
olden oats. 69c; white clipped, 61c.
MEAL- Plain, per 96-ponud sacks. 74c; 48-
pound sack*. 76c; plain, 20-pound sacks, 77c;
germ $1.26
HAY—Timothy, choice large bale*. $1.40;
», choice small bale*. $1.35; No. l, one-
third bale*. $1.35: No. 2. one third bales.
26: choice prairie. $1.00; Bermuda, $1.10.
SHOUTS—Choice «•*'— «« ‘->
35. fancy VAX
40. Bran $1.35.
ound; trout 8c pound; blue fish 7c pound;
timpano 25c pound: mackerel I2%c pound;
mixed fish 5c pound; fresh water trout 9c
101^4
CORN—
July,... 54
Hept.... 54
Dec.... 51%
OATS-
July
Hept
PORK—
July.. 16.45 16.45
Hept.. 16.60 16.60
LARD-
July.. 9.27% 9.27%
8 *JS1b8- 9 ' 7S
July... 8.90 8.90
Hept... 9.02% 9.02%
Open. High. Low. Close. Clone
99%
la ga
100%
49%
39%
U7%
>.32%
J.77%
>.92%
53%
53%
50%
8.77%
8.92%
THE LIVERPOOL GRAIN MARKET.
Wheat clnaed steady %(
Corn closod ateady % hT|
MODERN MILLER CROP OUTLOOK.
St. Louis, June 1.-Telegrams from Kan
sas miller* report that rains are benefiting
growing wheat. Drought conditions In moat
sections are fully relieved. Crop prospect*
elsewhere outside of Texas and the territo
ries are satisfactory, the plant having a
——* No
THE COFFEE MARKET.
New York, June L-Following are coffee
cables:
Havre, 10 a. m.—Market barely steady; 12
unchanged; sales, 5.000; arrival*, nil
kinds, during May. 127,000; Braalllnn, 81,
reries. nil kinds, during Mav. 203
stocks. 2.574.000; Brazilian. 2.081,000.
203.000:
Total
Brazilian.
quantities discharging, 233,000;
19.000.
Hamburg, 10 a. m.—Market unchanged to
4 t Pfennl|i advance; sales, 30,000; stocks,
rnzlltan. l.901,000.
The following figures give the opening
■ange and close in the New York coffee
uaiket for today;
THE LIVE STOCK MARKET.
New Orleans Cotton Exchange,
New York Cotton Exchange.
New Orleans Stock Exchange
*7 on above Exchangee.
beevi*!
$4 250
ig.\ June 1 Hogs—Receipts 9.ono.
slow; light $6 2u06.42%; mixed $6.15
he*v> $5.9»%|6.35; rough $5.910«.IO;
’tuun r^n .ne rk, ’ r * ^ 3606-D; good to
c R«H*>-ipts Market unchanged:
.14.5006 55; /oy, $1.7505.30; hotter*
* $**07.25; good prime steers
84.6nfeS.fr}; stock-
icdlmt
j $6 2*
h‘N mfl feeders $305 16
Hheep—Receipt* l.*»* Market eteadv;
natives western $4.2606.40; year-
| Hug* $6.1*07; lambs $6.2508; western $6.23
C7.W,
February ..
March .. ..
April .. ..
May .. ..
June .. ..
July .. ..
August ..
September
October ..
November .
..5.25-5 35
. .5.25-5.35
. .5.36-6.40
..5.35-5.40
••Gainesville, cloudy:.*
Greenville, cloudy. ,
Griffin, cloudy. , ,
•Macon, cloudy.. . ,
Montlcello, clear. .
N«WD«n, eliMir. . . .
uome, clear
Spartanburg, cloudy,
lallapooan, cloudy.
loccoa. clear
West Point, clear. . . , ^ J
nil 1 'SLT.'S '-“P« r »turo for Ibc 12-hour
SJI
rlod .Ddln, 8 V' mT thi.
Received too late to Include In averages.
HESTER’S MONTHLY
COTTON LETTER
Secretary Hester's statement of the move
ment of cotton for the month ending May
31 Is as follows:
Compared with last year It shows a de
crease for the month In round figures of
89.000 bales, compared with year before last
a decrease of 316,000 and with 1904 an In
crease of 22,000.
The total for May was 412;964. against
501,911 last yenr, 729,997 year bsfore last,
and 190,872 same time In 1904.
The movement from September 1 to May
L Inclusive, shows receipts at all United
States ports 9.640,900. against 7,489,154 laat
year, 9,207,740 year before last, and 7,002.973
same time In 1904; overland across the Mis
sissippi, Ohio and Potomac river* to North
ern mills and Canada 1,148,468, against 926.
629 last year, LOOS,709 year before last, and
896,676 same time In 1904; Southern mills tak
ings, exclusive of quantity consumed at
Southern outnorts, 2,061,000, against 1,940,361
last year, 1,803,000 year before last, and 1,-
664.000 same time In 1904: and interior atocka
in excess of those held at the commence
ment of the season 168,933, against 155,464
New York, June L—London sent over a
lower range of prices and our market at the
opening showed fractional recessions vir
tually throughout the Hat, The opening
figures, however, were. In moat Inatance*.
the highest of the day, and aubsequentiy
the market developed acute weakness, re
cording declines ranging from 1 @2 point*
In the active share*. Many of those who
purchased stocks In anticipation of a rlss
ns an outcome of the president'! addn-h*
were Inclined again to dispose of them.
Much’ comment was made on the utter
luck of absorbing power, as no one seem-
od to want to buy stocks except the pro
fessionals now and then for tbe retirement
of short contracts. A feeble rally In th*
market occurred after the publication of
the bank statement, but It was not sign!:],
cant, and the close was heavy and well
under yeaterday • finals.
Governments unchanged. Other bonds
quiet.
New York, June 1^-The stock market
opened heavy with a majority of shares
snowing losses from %®% point An ex
ception to tbe general rnie was found in
the Northern Pacific, which advanced %
point. Canadian Pacific loat 1% in all. At
the end of ten minutes* trading, the mar
ket, ns a whole, ahowed alight Improve,
ineut, but tbe rally was Irregular and fee-
MONEY AND EXCHANGE.
New York, June L—Money on call 2; time
loans, none.
Posted ratea: Sterling exchange $4.84%fa
4.87%. with actual business in bankers’ bill*
•t $4.867004.8680 for demand and $4.8365^
5 or sixty-day bills.
_jndon bar silver firm %d up at 311-16d.
New York bar silver 67%c.
Mexican dollars 62c.
MINING STOCKS.
ston, June 1.—Opening stocks: Greene
Cananea 14%: North Butte 82%: Shannon
17%; Gulncy 114: Copper Range 79%; Butt*
Coalition 24%; Oaceola 130. ,
NEW YORK BANK STATEMENT.
HEAVY RAINFALLS.
%®2raasiA'«
&; Jit:
n«’tn*»OII». G«„ 1.6S; Vntdoatii, (ig
f. 00 '. 8 ‘- Matthew., H
£" }$?.• Chgrtntte, X. c„ 4.«2: llalelgh, N
MbMfcA.fc: 2.01 •' f “ v ' rn ’ Ark "
CENTRAL
8TATION.
DISTRICT AVEBAOKH
Atlanta. , . .
Augusta. . . .
Charleston. . .
Galveston. . .
Little Hock. .
Memphis. . . .
Mobile
Montgomery. .
New Orleans..
Oklahoma. . .
Savannah. . .
Vicksburg. . .
Wilmington. .
Ill
iDblcates
yesterday. ••For Yi
"6tb meridian time.
Remark!.
Temperatures ore lower or Ktatlouary in
.ae Interior, and stationary or higher on
the coant. Haiti ha* fnlien
rains are reported from many stations.
J. B. MARHUKY.
Section Director.
WEATHER IN COTTOfTBELT.
Pexn*—Fort Worth, clear; Ran Antonin,
•uston. Waco, Taylor and Bre "
t! pleasant.
Mississippi— 1 Tupelo. Lexington. Yazoo
Ity, Jackson. Greenwood. Hazteburst. and
Amory, cloudy and cool: Meridian, pnrtlv
cloudy nnd cool, rained yesterday afternoon
and last night; Natchez, partly cloudv and
cool: Vicksburg, cleat*.
* mlslnnn—Alexandria, clenr nnd fine*
“-sport, cloudy aud cool; Monroe, cloudy
i toning.
all* night****
..5.20-5.30
..6.20-5.30
. .5,20-5.30
- 5.25 5.30
i lossd steady. Hales 26,750 bags.
BANK CLOSING NOTICE.
Monday, June 3, "Jefferson Davis'
,o birthday/ 1 »• a legal holiday. Banka
5.40-5.45 composing the Atlanta Clearing House
..5.35-5.40 5.40-5 45 Association will be closed for business
•rJoz'S fSiy ® n th V maturing Sunday,
: :|:IStS t:*ll d g! JEKfiSfS. ®&‘“ r 3!r*
as usual. Papsr maturing Monday,
June 3, is due and payable Tuesday,
5.25- 5.30
6.25- 5.30 | , -
5.25 5,3-) Jun «
6.30-5.35 j DARWIN G. JONES, Managar.
ASA G. CANDLER, President.
HAYWARD, VICK & CLARK,
COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISION*
Carondelet and ^jr^rier^Sta^ New Orleans.
nine months ending close oi ____
•gainst 10,611.588 laat year, 12,263,445 year be
fore last and 9,6S4,69i name time In 1904.
Northern spinners took during May 105.!
bales, agatn*t 137,291 last year and 159,»>g
year before la*t, Increasing their total for
the nine months to 2,410.717, against 2,216.700
last year and 2,080,395 the year before. This
makes their overage weekly takings '
the season have ben 8,029,189 bnles, showing
nu Increase over last season of 2.089.592, and
on Increase over the same period yenr be
fore last of $89,664. The decrease In foreign
exports during May compared with Mav
last yenr has been 18,604, nnd compared
with the same period year before last 836,
685.
Stocks nt the seaboard and the twenty-
nine lending Southern Interior markets oi
the close of Msy were 764,260, against 796,
281 tbe same date laat year and 877,432 the
yen r before.
Including port and interior town stocks
left over from the previous season nnd the
untnher of bales of the current crop brought
Into sight during the nine months, the sup
ply has been 13.315,076, ngnlnst 10,956,119 Inst
yenr aud 12,425,412 the year before.
Up to the close of May last year 92.65 per
cent of the cotton crop had been marketed
CHICAGO CAR LOTS.
Wheat
Corn
Osts
Hogs, bead..
Money Maps of
GOLDFIELD, DIAMONDFIELD, COBALT,
WONDER AND NEVADA.
THEY ARE SENT TO YOU FREE.
You get the production of all tho ldg mines
at a glnnce. Every Investor needs one.
Also send for
JOURNAL OF FINANCE
.ent to you FREE every week. Compiled
-y the authorities of finance In America.
The R, L Bernier Company,
185 Dearborn St., Chicago.
Loans $1,139,931,100. Increase
Deposits $1,128,194,600, lncreaso $15,541,100.
Circulation $50,652,990, decrease $30,700.
Specie $221,928,000, Increase $738,400.
Reserve $294,831,100. Increase $982,100.
Reserve required $282,048,660, Increase S3,-
883,625.
Surplus $12,782,450, decrease $2,906,425.
Ex-united States deposits $20,685,750, de
crease $2,920,350.
(Darwin O. Jones, Manager.)
Clearings Saturday, June 1 $ 606,377.32
Same day last year 772,912.<*4
Decrease 166,535.32
Clearings for week 8,836,958.86
Same week last year.* 3,838,653.75
Decrease 1,694.89
J. J. BARNES-FAIN CO.’8
FRUIT AND PRODUCE LETTER.
Atlanta, June 1.—On account of the cold
and wet weather thla week, buslneaa hns
been n little unsatisfactory, although the
market has been sluggish.
Apples and oranges have practically dis
appeared from tho market.
Bananas nctlve and the supply unequal to
the demand.
Pineapples have been plentiful, thla mar
ket having secured three cars the present
week, causing a slight reduction In price
from the previous week’s quotations.
Tennessee Is beginning to ship strawber
ries, and will supply this market the com-
ig week.
Lemon* have shown a slight advance in
New York. Imt uot enough to affect tho
local market.
Cnnteloupes are coming In more freely,
prices ranging from $2.60 to $3.00, according
to the quality and slae.
Florida honey peaches have been scarce
thla week, nnd prices have strengthenpd
from 60c to $1.60 per crate. The first crates
of Georgia stock were received ttys week.
In the vegetable line old and new Irish
potatoes, cucumbers, squashes, egg plants,
pepper, etc., are in liberal supply, uud
prices ruling ns minted.
Tomatoes hove oeen very scarce and nrs
bringing fancy prices, the market fluc
tuating from $3.60 to $4.60, according to
quality nnd demand.
Beans are being
Georgia points, and
from $2.15 to $2.26.
Eggs have declined from % to lc per
dozen during the present week.
poultry ha* been scarce and prices
- quoted.
COTTON SEED OIL.
Following la given the opening nnd closing
of the New York cotton ted oil market:
June “ ‘ - C,2?,ng -
July
Heptember. • . •
October
November. • . •
December. . . .
Closed ateady.
68%
64%
ft
uosin nrm; snies s,oio, receipt* 2,771; win
dow glass $5.8506.10; water white $5.8006.05:
M $5.7006; N $5.7006.75; K $5.3006.60; I
, $305.36: II $4.8005: G $4.7004.85; F $4,680
4.70; E $4.4504.60; D $4.2504.45; C B $404.15.
ATLANTA NATIONAL BANK
=%
ATLANTA, CA
New Orleans Cotton Exchange.
New York Cotton Exchange.
Galveston Cotton Exchange.
Uoutton Cotton Exchange.
J New Orleans Future nroksra' AsnHstt^
| £* w g' 1 ®*®? * n<1 Chlcneo Board, of Trad*
I Nsw York (.off,. Ricban,..
I AiaoKsta U.mr^re Ur,rpool Colt., la.
■ - Njw York and Chicago Correspondent*.
^-•“ SACHE A CO., AND BARTLETT, FRAZIER & CARRING'-BN.
mvAifj*iiiEa.io ALL MINT* '
C. E. CURRIER, President. H. T. INMAN, Vice-President
GEO. R. OONOVAN, Cashier.
JAMES S. FLOYD, Assistant Cashier.
Capital $500,000.00
Surplus and Undivided'Profits $650,000.00
We Solicit Y.our Patronage.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 8S%
ATLANTA. GEORGIA.
4