Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, June 03, 1907, Image 10

Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN AND NEWS. MONDAY, JUNE 3, 1307. | • OPENED^ HIGHER Selling by Professionals La ter Caused a Slight Reaction. BUT RALLIED LATER News From the Crop Con tinue Bullish—South Good Buyer. NEWS AND GOSSIP of the Fleecy Staple. The Chamber of Com more* Wednesday perfected nrrniwments for the pouting of continuous quotation* from nil the principal market* of the world for the Information of business men of Atlanta and near-by out lying towns. Considerable interest was displayed on the opening day, the majority of those In at tendance being Interested in cottuu. nnd ns the advancing quotation* were (Misted on the South’* staple general good feeling was the order of the day. The government condition report will lw» flatbed to the bourd room Tuesday at uoon. Ji . _ upturn to unload a lot of the staple In anticipation of the government report to lie Issued at noon tomorrow. The result was a sharp decline amounting to about 6 points on the new crop months. The close was steady net 16023 point* higher, as compared with Saturday's finals. Comparative receipts at all IT. A. ports; Net receipts Monday, June 3 f 3.160 Same day last year Decrease Total receipts for two days Same day* Inst year Total sines September *i..’•!!!!!!!..,. !9,648,f>15 Bams time last year 7.60K.221 Increase 3,140,2*4 Estimated receipts for Tuesday: New Orleans 60) to l.ooo Galveston 2,000 to a.noo Houston 2,600 to 2,800 orement at Atlanta: Receipts Monday, Jtiue 3 Same day last year iro Decrease 199 e lpments Monday, Juue 3 260 me day last year sno Increase SO Stock on hand Monday, June 3 6,496 flame day laat year 4.292 Increase 1,203 10.078 6.918 7.615 19.067 11,452 1906. 2.178 3.442 2.178 .None TODAY'8 PORT RECEIPT8. The following table shows receipts at the porta today, compared with the same day New Orleans. Galveaton. . • Mobile Savannah. , . Charleston. . Wilmington. . 8pec!a! to The Georgian. (From Hayward,. Vick Clark.) Xew-Vork, lane 3.—J. H. Roche it Co.: Liverpool due to come 2ftt/3 lower; opened steady 4 lower on near and 6 lower on distant. At 12:16 p. m., steady, net 6ft07ft higher on near and lfttr3ft higher on dis tant. Spots oulet 8 points higher; middling “ 38; sales 6.000; American 6,9w; export 1,500; merlcan 6.000. . . . Porta today estimated at 6.000, against l.ooo last year. Manipulation In Liverpool continue*, fol lowing our strength flsturday. Liquidation has not dampened the ardor of the bull*. Conditions bad. Speculation widening. Stock exchange Unimex entire In cotton and talking bullish. Advise caution over bureau day. but we are bulla on cotton aud advlr purchases on all decline*. Kchlll bidding 10.96 for 6.000 January. Quite a little selling here from abroad, and local realising on account of better weather map, but the predictions are for more raiu tomorrow, and it la our opinion that the man who leta go of his cotton today will pay higher to get It back. Following are the 11 h. id. bids: July 11,49; September 11.69; October 11.82; Jan uary ll.W. The Journal of Commerce special report says: “Cotton prospect* poor lu Georgia and Alabama; replanting three and four times; poor stands very general, and cotton not yet up lu many sect Ion*. Graaa and scarcity of lnl>or. Home promising report* from Georgia and percentage condition* fairly good. Heed scarce and nome replant ing In corn. Foreign mills glutted. Sew Orleans, June 3.—Hayward, Vick Sc Clark: Liverpool cables: “Do not think price* will go much higher for the present. The prospects of the trade are not encour aging. Do not think tho market can be sustained.” .. . . Map, now Incomplete, Indicates showers for north Texas, the Territories and north Louisiana. Tartly cloudy to fair In south cast of the’ cot too bolt. , . . . _ Weather condition* past forty-eight hour* favorable. Generally fair weather In the belt, except Atlantic*. Some scattered showers Iti Carolina*; heavy lu const dla- trlrtf*- Otherwise hardly any precipitation lu the belt. . . The Journal of Commerce: In Georgia, season late from twenty to thirty days; estimate* nre unfavorable or too uncertain to he of mine. Numerous fields have been replanted two nnd three times, and consul- r “ii* Is not tin yet. Where cotton Htnnd. It Is almost universally but reports hero nnd there show Edited by Joseph B. Lively MARKETS Hr, Lively** twenty-fir* years* experience of ed iting market* In Atlanta and the 6ootb baa made him a recognised sn- thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAUR OF STOCK. Amalgamated Copper . . Atlantic Coast Line. • • American tiugar Itef. • • Anaconda Amerlcsu I-ocomotlvt. . do, preferred . • .. • Am. gtne.'Uug ltef. • . . do, preferred Atchison do, preferred Amerlcsu Cotton Oil. • • Am. Car Foundry , . . . Baltimore A Ohio .... Brooklyn Unpld Tran.. • Canadian Pacific . . . . Chicago und Northw’n. • Chesapeake 4t Ohio . . • Colorado Fuel A Iron. • Central Leather . . • . • do. preferred Chicago A Great W. • . Chicago, M„ A 8t. P„ . . Delaware A Hudson. • • . Distiller’s Becurltles. . . . Brie do, preferred ...... General Electric . . • • , Illinois Central Am. Ice Securities .... Louisville A Nashville. • , Mexican Central .... Missouri Pacific NAME OF STOCK. N. Y., Ont AW.... National Lead. . . . . Northern Pacific. • • • New York Central. . . Norfolk A Western. . . Pennsylvania. ..•••< People's Gas. - . . . . Pressed flteet Car. • . . do. preferred. • • . Pacific Mall. Beading. ........ Republic Steel. do. preferred. • . flloM-Sheffleld. • • . Tenn. Coal A Iron. . Texas A Pacific. . . • Union Pacific United States KteeL . do. preferred. . . Western Union. . , Wabash do. preferred m •Ex-dlv. 314 per cent NEW YORK. *ytu«* Improvement with recent favorable weather. Chopping fairly under way; labor nrce and grass lu tunny fields; no decided . ..nnge from last year’s acreage. Although eorrespoudenee remark* depict a gloomy outlook, estimates of percentage are not "'llnSstSii wires: "Two breaks occurred In the Colorado river levees, nnd the water H limndsflug the valley country. Hater be yond control, going over all crops. BE8T OF WEATHER WILL NOT PRODUCE ADEQUATE CROP. 3166 r INTERIOR RECEIPT8. same day Inst year:' Houston Augusta Memphis fit. Louis Cincinnati Total. 8POT COTTON MARKET. of unfavorable weather for agricultural In terests Is the rather monotonous record bleb The Picayune 1ms hiul to repent eekly for more than two months past, he splendid weather of March, which gave ,,u» crops such a brilliant opening promise, makes the dismal experience of the past two mouths the more exasperating. During the past week heavy rains have been experienced throughout the cotton belt, particularly In Texas, Arkansas nud the delta of the Mississippi. Including of course ljoulslnim. These rains have uot only prevented the proper cultivation of the fields already deep In grass, but, In iliaiiv places, they have practically washed out the late planted cotton, making u fur ther replanting necessary, a process which Inis now been several times repeated lu many districts. Farmers are feeling greatly discouraged, nnd It Is an open question If such an acreage ran be worked during this crop year us worked last season, was originally the Intention of the fam to Increase acreage, but whnt, with iu...... disasters and disappointments owing to the weather and the replanting that has been necessary. It Is more than llkelv that many more fields will bo abandoned than the new acreage will he worked. Poor stands aro complained of. and much plant ing will again tie necessary In Mississippi, Louisiana and In portions of other states. Bren where the planted cotton Is up nnd growing. It Id badly In the grass, and, with labor scarce, the task of chopping out nnd , laving by the crop promises to be op the I most difficult sort. While, no doubt, there I Is some exaggeration lu reports coming June.. July.. . Aug.. . Hopt.. . Oct. . . Nov.. . Dec. . , Jim. . . March. TiTST .11.61 .11.49 .11.64 11.87 •11.94 ,11.96 .12.06 .12.13 Closed steady. ilal 11 Ji 115311.28 11.43 11.66 11.49 11.66 11.69 11.75 11.77 11.93 11.94 11.94 11.86 Hia| 11.91 11.42 64 11.64 66 11.64-66 11.72-73 11.93 94 11.98-99 11.29 32 11.41- 42 11.42- 43 11.62-64 11.78 11.80-82 11.83-84 11.93-94 12.04-06 LIVERPOOL. Futures opened easier. Opening Previous Range. 2 p. m. Close. Close. June 6.83 -8.92ft 6.92 6.90 6.86ft June-July... 6.78 -6.81 .... 6.78 6.74ft July-Aug.... 6.68 -6.79 Aug.-Kept... 6.69ft-6.70 Sept.-Oct.... 6.53 -6.60 Get.-Nov.... 6.45 -6.53 Nor.-Dec.... 6.43 -6.49 Dec.-Jan.... 6.43 -6.47 Jan.-Fell.... 6.37 -6.45ft 6.44 Feb.-Mar.... 6.39 -6.44 .... Mar.-April.. 6.40 -6.46 6.46 Closed feverish. NEW ORLEANS. nolldey on New Orleans cotton exchange; no market*. NOTES ON GRAIN. Pointers on Provision!. Liverpool, Ann; middling uplands 7.38. Atlautn, steady; middling 12ft. New York, steady: middling 12.90. New Orleane. *t«>*dyft middling J2ft. Boston, steady; middling 12.80. Charleston, holiday. Mi'imr, pirmi.T ; min Galveston, holiday. Wilmington, steady; middling 12ft. Norfolk, Ann; mldd.lng 13ft. Baltimore, nominal: middling 13ft. Augusts, steady; middling 13ft. HAYWARD, VICK & CLARK'S DAILY COTTON LETTER. New York, June 8.—J. 8. Ruche & Co.: Prlees were strong at the opening. Liver- ' pool came higher nnd the advance at the opening was checked by renllslug of ring traders, who wero buyers late Saturday. The crop news was still bullish, nud, nslde from a disposition to await the bureau re port tomorrow, prices held firm, with no crest amount of trading. Although New Orleans was closed today, support cuiue from Southern operators, nud the noou ducement to the bull to keep long, ’ not withstanding much realising has taken place. This, however, does not effect the market. The feature Is the underlying ‘see of all kinds done Hood weather will, of course, add many thousands of bales to the crop, but. Hide situation has been very that all authorities are agreed must ly be reached If the world’s requirement for the coming year nro to bo met."—liny- ward, Vick A Clark. ATLANTA MARKETS. FRUIT AND PRODUCE. EGGS—Active, 16ft«17e. LIVE POULT BY—liens, active. 40c each; chickens, active, 16636c each; ducks, I'ekln. 80c each; puddle 25c each; geese, full feathered, 40c each; turkeys, dull 12ftc pound. DRE88ED POULTRY—Turkeys, undrawn, active 14915c pound; fries, ucttvc, 2&B30c pound: hens. 14c pound. PRODUCE—Lard 10011c pound: hams sc K ? pound: shoulders active lOfflle ildes active lie pound; butter active pound; beeswax active. 25c pound; honey, bright, active 10c pound; honey, In l-pouud blocks, active 12ftc pound; white peas active 12.50 bushel; lady peas $3.56 bushel: stock $1.7502.16 bushel. PRUlTfl— lemons, fancy Mcssena, JS bnniiun*. hunch, culls, active L. H. FAIRCHILD A CO.’S WEEKLY COTTON LETTER. New Orleans. June 1.—As n cllmnx to .. most eventful month lu cotton history, tho past week has beeu replete with sensations. Price changes have bseo rapid, and It Is evident that there has been a wholesale readjustment of Ideas throughout tho ton world as to prospective cotton vs The chief factor in the situation, of coi m Is the unprecedented weather which has prevailed throughout the cotton growing states for the past month. Tho early ami favorable start has been converted Into an extremely late and unfavorable one. and If advices from nil parts of the belt us to hte present condition are approximate ly correct, the possibility of even a fair crop seems remote. We have repeatedly expressed our views upon the subject of cottou consumption, ami each week we be come more convinced that the astonishing Increase which has taken place during tho last few years points to a permanent and ever Increasing demand for American cot ton, which from time to time will put the producer to the test. After an adva oruer. suo camion win is? in’i'p,,arv, out the all-important fact that actual conditions call for higher prices should lie kept In mind, and when we reflect for s moment on the many hardships that may attend n crop that Is thrse to five weeks late, end give due weight to the feet that the element of uncertainty will ever be present, we are bound to concede that predictions for ex treme high price* are by no mean* uncalled for. We favor purchases on reactions straights jfa cents per pound; pineapples, Florida stock, f3.U0tf3.60: oranges, rail for nla stoek. owing to else and condition ou arrival, per box, 84(14.50. Florida hon ey peaches $203 per crate. Grnps fruit, Florida stock, owing to slse am) color, tier 1k»x, $5.00; limes. Florida stock, per 100 $1.50; peanuts. In sseka averaging 100 pounds each, owing to grade, per pound 6ftp7ftc; dried apples, ”0$ftc; dried peaches, llftc; prunes, 607ftc; cantaloupe, 83.00 crate. Strawberries, 10015c. VEGETABLES-Yellow squash, $1.2661*50; white squash $101.60 crate; cabbage. crsti\ 3c lb.; tomatoes active. $3.60; potatoes, new, $464-60 t»arrel; onion*. Louisiana $1.75 per bushel; Egyptian. 4e pound; old Irish potatoes active $1.1501.20 bushel; cel ery. fancy, $2 50(13.25 crate; peppern active, $2.50 crate; okra, six baskets, small. $4.00; crate; lettuce, headed, active. $2.0903.00 per crate; kraut, half barrel. $3.75; beans, round green, $2,0' crate; wax, $1,2561.50 crate; ji* pnragus. 15020c 2-pouml bunches; English , . $1.75 crate; beets, $3.<K) crate. ■■ . .... bushel; No. 2, $1.25 tier bushel. umbers. $2.00 crate |H>t:it«»es, 91-&0 pc . ushef GROCERIES. RICE—Jap Wftc; head 607c; fancy bead 6ftli7, according to the grade. CHEESE—Faucy full cream dairy ITfte; 85c gallon: Georgia cane 36c gallon; salt 100-pound, 50c; axle grease $1.75; sodn crack ers 6ftc |miuml; lemon 7c* oyster 7c; bar rel candy, per pound, 6fto; mixed, per pound. 6ftc; tomatoes. 2 pound. $190 ease; $ pound, $2.25: navy beans. $2.40: Lima l*nn» Cej In'St matches, per gross. $1.65; macaroni, 6ft07c pound; saWines, mustard. $3.25 case: twins 17ftc. HUGAH—Standard granulated. 6ftc; New York refined. 4ftc; plantation. 5c. COFFEE—Boosted Arbuekles $16; bulk In hags and barrel* 12c; green 11012c. Shredded biscuit $S case; No. I rolled onts UK Sen.; M.'k «rtla. WpminUI haw. II.S6; oyster*, full w-elght. $2 case; light Weight $1.10 case; evaporated apples 7ftc pound; pepper 18e pound: baking powder $5 case; re«i salmon $5 ease; pink salmon $4.25 case; cocoa 40e; chocolate 33c; snuft’. 1-pound Jars, Vick St Clark.) Chicago, June 3.—Bartlett, Frasier & Car rington: Missouri Juno wheat condition 80, MAy 82, last June 77, but Improved later nncl crop was 36,000,000 bushels. Considera ble damage southeast aud southwest by lice. Corn condition 74, a year ago 76, October 90 nnd crop 2:10,000.000. Oats condition 75, a year ago 48, nnd crop only 15.000,000. Warm weather uud shower* needed. Chicago Evening Post: ft room hail esti mates the world's shipments of wheat for Monday will he nlmnt 18,800,000 bushel*, lie predicts some decrease on pnssage. Liver pool wheat was easy nt the start, with values ftd lower, being Influenced by the bearish Modern Miller report slid very fa vorable reports from Russia. Later, how ever, the market steadied on reports thnt there was buying, thought to he for Amerl- enn account. At the close, however, large houses offered freely and a reactionary tendency developed. Thero was an easier tone In eorp nt the opening, with value* unchanged. Later the market gained ftd, with fairly good support due to predic tion* of smaller American shipments and lu ayinpnthy with wheat. Great Bend, Knn., wired: "After exam ining the wheat carefully uin convinced 50 per rent of It Is whiter killed nnd ** bushels per acre will be all we can with any kind of weather. Mtoeks of lard In Europe nud afloat ported to show 22,000 tierces decrease lu month of May, 1907, against 6,000 decrease same month last year. Dallas. Tex., wired Logan Sc Bryan: "Texas hn* been visited by heavy rains for the Inst three weeks nnd unprecedented cold weather. Have not heard of nuy green bugs lately, but ns far ns Texas Is con cerned don’t think thero Is any wheat to work on now. These cold rains nnd chilly days ure not good for the corn crop. All sections report disastrous rain, hall and wind storms, amounting to floods In a great todny. , „. The temperature Go and a chilly norther blowing." K. W. Kalb of A. d. Slaughter A f now In Paris, cabled the follmvlug: "K iiiniiltiii wheat crop came too late. Oats predicament ns wheat Kansas City house wired: "Moses Bros*. Milling Company at Great Rend, Kan., tele phoned In lute Friday afternoon that re ports are coining to them from nil direc tions In their territory of 40 to 50 per cent damage to wheat liv the recent frost, that Is Just showing up/' 8f. Louis message snM: "Our white ont* were sold here Friday to go to Texas, cost lug 4»V f- o. b. East 8t. Ienils." TRADING IN WHEAT ACTIVE _AT START News Was of Bearish Aver age and Prices Lost Large Fraction. Chicago, June 3.—Wheat closed 1-8® l-4c off to unchanged. Corn was up 1-1 (fl-2c. Oats gained 1-803-8c, but pro- vlslona were choppy. Tho market for wheat sold off sharply early on tho largo world’s shipments, lower cables from Liverpool and Ant werp. The appearance of the Snow re port on crop conditions und prlvnto messages from Kansas telling of the crop ios8en there, caused a buying bee to be Inaugurated and higher prices were tho result. Snow made the condi tion of winter wheat June 1 75.2 on ucrenge standing for harvest, compared with 76.1 May 1 on whole area planted. Tills shows an actual reduction St 6 points or more during the past month. Tho visible supply of wheut decreased 1.068.000 bunhela nnd oats decreased 436.000 bushels; corn Increased 357,000 bushels. Condition of oats Is placed nt a very low average—81.3, against 86.0 last yeut und a ten-year average of 91. The volume of business In corn und oats was only moderate, rovluions were quiet. WEATHER REPORT. WEATHER CONDITIONS. With the exception of a small area of cloudiness over western North Carolina, northern Georgia and Alabama, clear weather prevails oxer the southern half of the country. Elsewhere cloudy weather Is the rule, wltb rain falling at New York, Boston and Portland, Me. In the last 24 hours rslu has fallen on the Atlantic coast from South Carolina to Maine, In Tennes see, the Ohio valley and at n number of stations In the northwest. The storm area Is now passing off the The conditions favor fsir weather lu this section tonight and Tuesday, with no ma terial change In temperature. COTTON REGION BULLETIN. TIPS FLASHED From Wall Street Th« Financial Bureau: A atudy nt tech- nlque shows that some stocks are display ing a reactionary and others a rallying ten dency, so that the dally trader should pre fer the reactionaries as short sales upon strength and the rallying Issues as pur chases when weak, being guided by the lim its shown from time to time, employing the safeguard of a atop order and not neg lecting small profits. The reactionaries are Amalgamated, with limit* at 83 and 87; Sugar 120 to U2; Baltimore and Ohio 94 to 96; Brooklyn Bapld Transit 45 to 64; Chesa peake and Ohio and Chicago and Northwest ern tips bearish: also Erie. Missouri. Kan sas and Texas, Southern Hallway and Steel with bullish Information and limits SI to 34. le displaying a tendency to rally are piuB]tlng«Hmit 112 to 130: Atchison S6 to 90. 8t Paul 123 to 129; Distillers 61 to 64; Lead 68 to 61; Northern Pacific 120 to 128; information bullish on Pennsylvania. 118 to 121, with big short interest. Reading 96 to 102; Southern Pacific 74 to 80: Union Pacific 132 to 136. with Information bullish. Town Topics: We look for « lower mar ket today, with a continuance of the pro fessionalism recently manifest. We look for rather aggressive attacks on Beading. AmsIgsmatedCopper and Union Pacific, and it would not be surprising to see them react several points. We would not expect too much in the way of an Increased dividend for Smelt ers, but the Car and Foundry tip seems to hare something behind it. Industrials, on the whole, are still on the down grade, and we would prefer to confine purchases on the breaks to the best class of railroad securities, especially St. I’llul, Atchison and the Hill and Harrlmao •sues. We would wait for sharp declines lefore buying, and for the present be satis fied with moderate profits. Buy cotton aud wheat for turns on breaks. THE QUGAR MARKET. New York. June 3.—Local refined and raw sugar markets steady and unchanged. Lou don beets steady; June 10s; July IDs ftd. THE COFFEE MARKET. tiavre si iu a. m., m unchanged; aaJes 7.000. Hamb — advance daring 1 213.197. wv; iiucii fw.ww; aiarsci iijurim-. Santos receipts 43,000; stocks 2,343,000; mar ket quiet. Sao Paulo receipts 33,400; Jundiaby re ceipts 84,000. The following figure* give the opening range and close lu the New York coffee market for today: Opening Range. Close. .Tannery .. 5.35-5.40 February 5.305.45 6.40-6.45 March 6.46 5.45-5.50 April 5.40-5.45 5.45-5.50 May 6.40-6.60 6.50-5.56 June 5.45-6.60 5.55-5.60 July 5.35-5.40 5.40-5.45 August 5.20-5.35 6.35-5.40 September 6.30 6.86-5.40 October 5.3041.35 5.35-5.40 November 5.35-5.40 December 5.30-5.35 5.35-5.40 Closed steady; sales 28,500 bags. THE LIVE STOCK MARKET. STARTED THE WEEK AT SHABPpEOUIES lu the Early Trading Stocks Were Under Pressure- All Around. LOST 1 TO 2 POINTS At End of Ten Minutes Trading Weakness Be came More Acute. ^ ork * Jane 8 vT W J iat todays market reflected—os every Monday morning’s deal, lngs have for tome time past—was the h,‘ spondent toue of the greater part of the fluanclal views over the week eud. There was little in the news of the day to either lighten or Increase the load of pessimism Another $2,000,000 gold was engaged for ex port, and It was not a particularly hnnn v sign. that. In spite of the. heavy reml,. tunces which have been made to pnrl* since a week ago, sterling exchange r ,.. fused to recede from the gold shinning point. The news from the western cron country over Sunday was distinctly famra. ble. The weakness in this market \\:u u result of the depression in financial s«ntl- ment both abroad and nt home. Union Pncldc fell 3 points iff the course of the forenoon nnd Southern Pacific 2. This with the particular weakness of Pennsvl- vonla and the Copper stocks unsettled the entire market New York, Juno 1—The stock market opened weak with extreme declines running 2 points In American Smelting aud l*T Brooklyn Rapid Transit, while Amal gamated and Canadian Pacific showed losses of o full point on the initial transactions. Union Pacific lost 1ft. Recessions In the in In nee of the list were lesa pronounced, but stocks were under pressure all around. At ths eudo t ten minutes trading the weakness became more scute. MONEY AND EXCHANGE. New York, June 3.—Money on call, lftg time loans, 60 days, 3ftQ3ft; 90 days, I; six months. 4ft&4ft. .'osted rates: Sterling exchange, $4.84ft^ 4.87ft. with actual business In bankers' bills at $4.868004.8685 for demand and $4.8365^ 4.8375 for 60-day bills. Prime mercantile paper unchanged. Ki MINING 8T0CKQ. Boston, June 3.—Opening stocks: Smelt ing 50: Copper Range 89ft; Greene-Cananea 14ft; Boston Consolidated 26; For the 24 hours ending nt 8 a. m., 75th meridian time, June 3, 1907. CHICAGO GRAIN MARKET. Chicago grain uud provisions quotations for toduy follow: Open. High. Low. Close, Close MARKET OPINIONS. the i Is J _ sufely made by ... another, whether he bo In Tex- Yorlc. After having followed from 9.50 to 11.25 for the old crop ndvlse profit-taking sales aud iopi a conservative position pending fur- ter developments. Marshall, flpader St Co.: A large short Interest Is *upiM>«od to have been exteuded Into the option list nud nn active aud per- ’ ftps higher market Is promised. Dirk Bros. A Co.: The outlook Is for a •non* market, uffth a tendency to reduce commitment* pending the bureau Tuesday. With settled nmf favorable weather pre vailing from now on, it would seoiu that buying would have to be based on tho theory that, under no conditions, could the plant regain the ground It has lost nnd produce anything like sn adequate yield. Carpenter, Rnggott A- Co.: A recession ■oin these level* would be natural: we still . *e! that conditions warrant much higher price* In future, but ndvlse conservatism lu purcliHslug cotton on the decline*. Nordeti A Co.: The general condition of le crop Is exceedingly unfavorable. Hubbard Bros A Co.: Most of our large traders mean to be without any interest r the bureau report, which Is expected l>e bullish, but they do not know but that, lu some measure, it has been dis counted. V& 100ft $ OATH— ' ” July.... 48ft 49ft 48ft 49ft S 7-oTVk ro,/ * 38 39ft July.. pT.20 J6.S0 16.17ft 16.20 H *?AKD M,Snfc 16,471/4 16 - 16,37V4 July... 9.10 9.15 9.07ft 9.10 Sent... 9.27ft 9.32 0.25 9.35 It 1118- July... 8.77ft Kept... 8.90 96ft 99ft 53ft Mil im 97ft 99ft 100ft 63ft 53ft 50ft ^Atlanta, ctowly. . . . •Chattanooga, cloudy. Columbus, cloudy. . . ••Gainesville, cloudy.. Greenville, cloudy. . . Griffin, cloudy •Macon, cloudy. . . . Montlcello, cloudy. . . Newnan, cloudy. . . . Rome, Cloudy Spartanburg, cloudy.. Tullnpoosu, cloudy. . Toeron. clear West Feint, cloudy... •Minimum temperature for 'be 12-hour ds-' rlod ending 8 a. m. this date. ^ ••Received too late to Include In averages. ,, i i . HEAVY RAINFALLS. ‘ Raleigh. X. c * fll 55? CENTRAL STATION. DISTRICT AVERAGES. Chicago. June 8.—Hogs—Receipts 43,000. Market weuk and 6c lower; mixed $6.l0tf 6.35: heavy $5.9006: light $6.15®6.3S; rougli $5.9606; pigs $5.8006.80; yorkers $6.3006.35; good to choice heavy $6.2006.30. Cattle—Receipts 24,000. Market steady to 10c higher; beeves $4.5006.65; cows $1,050 4.90; heifers $2.6006.60; calves $607.25; good prime steers $5.6606.65; poor to medium $4.55 06.60; stackers sod feeders $305.20. Sheep—Receipts 16,000. Market strong; na tive $4.2506.60; western $4.2505.60; year lings $6.2007; lambs $12508.10; western $6.23 08.10. FAKE POULTRYMAN FLEECED EASY ONES Washington, June 8.—Postmaster-General Meyer today Issued a fraud order against the Texas Poultry Company of Texnrknpn, Tex. The postal Inspectors found on Inves tigation that Fred Osborne was seeking to evade the fraud orders heretofore Issued against his alleged fraudulent scheme*. The department states thnt Osborne’s scheme was to pretend to be engaged In conducting poultry yards, and lu that con- oectlon solicited remittance* of money through the malls for poultry and eggs. Whnt money he received, it is said, was applied to ids own purposes nud he failed ami refused to fill orders. THE LONDON 8T0CK MARKET. I Op n 2 pm Anaconda • Atchison .. .. . do, preferred Chesapeake and Ohio .. .. . Chicago and Great Western. Canadian Pacific Erie do. preferred «... •• •• • Illinois Central Kansas and Texas do, preferred Louisville nnd Nashville •• • Norfolk and Western New York Central Ontario and Western .. •• * Pennsylvania Philadelphia nnd Reading Southern Pacific Southern Hallway St. Paul Union Pacific United States Steel do, preferred m Wabash, preferred 136, THE LIVERPOOL GRAIN MARKET. Corn opened ft lower, mid at 1:30 p. m. ft lower. Closed ft lower. VISIBLE SUPPLY OF GRAIN. « L. H. Fairchild. Eitabli.h.d 1885. 8. J. Whit.. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Members: Orleans Cotton Exchange. New York Coffee Exchange. H** Cotton Exchange. New Orleans Board of Trade. Sew Orleans Stock Exchange Utifeogn Rnxrd «>f Trade. LIVERPOOL COTTON ASSOCIATION. Private Wires to NEW YORK aud CHICAGO. Orders solicited for future dellr- mi on above Lxcbsogso. B. c, COTHRAN. 4V: roast beef $2.60 case; corned beef $2.&i ease: mtsup $1.90 esse; sirup, New Or leans. 3So gallon; corn 30c gallon; Cub* r itash. $3.2503.80 ease; peanuts. 8c; rope, ply cottou. 18c; soap, $L6O04 casa. PROVISIONS. PROVISIONS—Supreme haul*. 15c; tiellles. pounds average. 10.07ft; fat backs, x 12ft: Supreme lard. 10.00ft; I'urttv FLOUR AND GRAIN. FLOUR- Highest patent, $5.«: best pat- ent, $5 40; standard patent. $4.75; half pat- white feed, 7*'; ->«». -* jeuow 7 >*c; mixed. 76c; cracked corn, per bushel, 76c; hull*. $ix CHICKEN FKED-Hftr pound sacks 90c; Purina chick feed, $2.00; Motor feed, $1.35; brand feed. IL90. OATS—No. 2 white, 60c; No. 2 mixed. 59c; Golden oats. 69c; white clipped, 61c. MEAL—Plain, per 96 pound sacks, 74c; «- pound sack*, 78c; plain, 20-pouud sacks, 77c; germ $1.26 HAY -Timothy, choke large bales. $1.40- do. choice small bales, $1.36; No. l. one- third bal»*s. $1.35: No. 2, one-third bale* $1.25: choice prairie, $1.09; Bermuda. $l.lrt. SHORTS-Choice white $1.50, Texas white $1.35, fancy $1.4L brown (ft) to m pouudu, $1.40. Bran $1.35. fish:' FISH—Bream 7c pound; snapper 10c pound; trv*>t pound; blue fi«h 7c pound* pompnno 25c pound; mackerel I2ftc pound; 1 Wheat decrease 1.068 bushels. Corn Increase 357,000 bushels. Outs decrease 435,000 bushels. THE METAL MARKET. •w York, June 3—The metal market ’ quiet today, with prices easier lu to*i-> All grades of copper were reduced ftp Ii the asking price, while tin way down ft< lu the bid nud Ifte lu the asking price foi spot aud nearby deliveries. Lead and spelter were dull uud un changed. COTTON SEED OIL. Following Is given the opening and cloaing of the New York cottou sed oil market: opening. Closing. June 5Sft66l gift July 68 ft 059 ft 59 ft 060 September. ....... 68ftn69ft 5uft' O 60 October 55 055ft 55ftta November 47 ©47ft 4?ft04H Ini-ember 44ftii44ft 45 G45ft Cotton seed oil sale* were as follows: 390 July Ut &!, ,100 September St 59ft. 100 Sep- fetulier at w». 6W October at 55ft, 203 No veml«*r nt 47ft. I't) November at 47ft, ltf) I bi-ember at 44ft. 300 December at to. 100 December at 44ft. Market closed steadv. i Little Rock. Memphis. . . Mobile. . . . Montgomery. New Orlentis. Oklahoma. . Snvnunnh. . Vicksburg. . “‘Ilmlngtt r in.:?. Temperature. Ilex.- Mlft.** Ii 1 31. T. Indicates Inappreciable rslu full, ?F5r S efcterday. ••$or 24 hours coding • a. to., >tb meridian time. Remark*. Higher temperatures are reported from Oklahoma. At all other stntlotis tempera turee are stationary or rower. Light pre cipitatlou Is reported from all stations. J. B. MARBURT, __ flection Director. WEATHER IN COTTON BELT. Texas—Brenhnm, Waco, Galveston, San Antonio. Temple and Houston clear. Ana tin nud Taylor cloudy. All Mississippi clear nud cool. Louisiana—Op«dou*ns and Alexandria clear Ala hn tna-Huntsville, cloud? nnd cold* steady soaking rnlus the past flftvtwo hours. Florence partly cloudy and pleasant; hard rain Saturday and yesterday. South Carolina—Spnrtntiburg dear and pleasant. Columbia partly cloudy aud cool. Grecuvlile fair nnd flue. AMERICAN INDIGOS ADVANCE; COLORED COTTONS HIGHER. N.'W York Comm.rrtal: A.lvmic., I be order of the day In the cotton ■livIsJoo of the market. On the r "1* and "L"' American indigos were advanced by Bliss, Fnbvan St B. has been expected for several days uld shown In the ndrnnce of ftc a yard on 8-ounce tickings. Lines of denims are be ing withdrawn, as seller* nre unwilling to accept business on today's top price. The attitude of spinuera nud weaver* I* Ideu- tleal on this acceptance of future business. They regard the crop situation us preca rious nnd are determined to keep ou safe grouud by refusing contracts except at value. Among Jpblwni It Is declared thnt their quotation* on nil classes of cottons ure comparatively low, nnd thnt their stocks can not be replenished on terms thnt will admit of the old values ruling for 'full. This Is causing considerable forward buy ing by retailers. The woolen trade for women's wenr nud men's wear Is In nn un settled state, so far ns fall business Is con. cerned. Re-orders on heavy weight over coatings are few In number, nnd lngs, cloakings nnd dress i tiers are coming In slowly. Market Active on Narrow Cloth. For the Immediate present the narrow print cloths have the first call nnd buyers nre taking-28-Inch 64 by GO* and 27-inch 64 squares, and mid* on n basis of 4 13-16c for regulars. Wide cloth opened after the holiday with bidding less active than earlier In the week. Sales of 39 Inch 68 by 72s were reported during the day ut 8c for spots and 7ft0?ftc on contract. Good Money Getter. A grandson of the late State Senator Miumwny, when 4 years old, was given a penny with which to buy candy. Acci dentally he swallowed the coin. Ills mother, more excited than the boy, said she must send for the doctor at once. "No, don't send for the doctor, mamma, pleaded the lad. who had memories of bitter medicine, "send for the preacher. Auntk say* ho can get money out of anybody. — Chicago Tribune. Jfmon do Moutfort formed whnt was known ns the Mad Parliament; It wns some thing the same ns It It at the present day "Cromwell raised-n famous body of sol diers know*n to history as 'the Iron-duds ' "Mortmain tried to stop dead men from leaving their luud to churches."—Loudou Tatler. Foreign Made. A London newspaper man who has been staying at Stratford-on-Avon says be asked his landlny one day: "Who Is this Shake- sped re «>f whom oue hears so much down here? Was he n very great man?" 1" which she replied, "Lor, sir, ’e warn t thought pothlng on a few years ago. It'* the Americans as 'was made Mm what «» Is!"—Exchange. — THE AMERICAN AUDIT COMPANY Homo Office, 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A., President. C. E. Manuring, Vic* Prt.id.nt, Theo. Cecheu, Jr., C. P. A., See. and Treat. BRANCHES ATLANTA—Fourth Natl Bante Bid*. CHICAGO—Marquette Building. rHILADELT -:IA—Bellevue-Stratford. SAN FRANCISCO—Beld.n Building. NEW YORK—Waldorf-Astoria. BOSTON—Exchange Building. WASHINGTON—Colorado Building. NEW ORLEANS—Hcnn.n Building. BALTIMORE—Fidelity Building. LONDON. ENGLAND—4 King Street Cheapside. AT-ANTA BRANCH 1015-18 Fourth National Bank Building. C. B. BID WELL, Hesident Manager. Telephone, Main 872. Cable Address, Amdlt, N. Y. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS. * Carondelet aijd ^ryH^Sta^ New Orleans. I 8* w OrtMB* Fatere Broken* Aaescletle*. New Orleans and CMrairo Boards of Trad*. New York Coffer Etebonje. Aeeoctat, Memhjr, Urerpool Cottea U’l . j 1 ' 1 .* T ?r*,«nd Chicago Correspond,nla. J. S. BACHE A CO., AND BARTLETT, FRAZIER i CARRINGTON. -emVATE WIRES TO ALL POINTS. ^ JOSEPH A. U'CUIIU, Vlci'.l’reildeot It. W. UYEllS, Assistant Cashier. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 DR. A. NY. CALHOUN. MILTON DAKGAN, JOHN W. GRANT. II. Y. M L OLI), FRANK HANVKIX8. H. M. ATKINSON. JOSEPH A. M'CORD, J. H. NUNN ALLY. J. CARROLL PAYNE, E. R. R08AER. DAVID WOODWARD. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Beil Phone, Main 8S& ATLANTA. GEORGIA.