Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, June 01, 1907, Image 10

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I V " 10 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