Newspaper Page Text
12
THE ATLANTA GEORGIAN AND NEWS.
TUESDAY, JUNE 4. 150f.
ON JUNE REPORT
After Selling Down Sharply
the Decline Was
Recovered.
TRADING VERY ACTIVE
Condition at 70.5 Lowest on
Record—Acreage Placed
at 32,060,000.
New York. Jones 4.—The undertone of
the cotton market this morning was unset
tled. First price* were 2#5 lower. The
crop report of The Chronicle promoted bear
Isbnese. Business wss quieter, traders de
elding to hold olf until after the publica
tion of the government crop report at uoon.
The government condition and acreage re
port, announced to be Issued at 12 o'clock
(New York tlpie) was delayed fifteen min
utes, which was very trying to the nerves
of the out-of-town visitors gathered In the
Chamber of Commerce board room, all In
terested In cotton.
All during the morning session the mar
ket was very nervous and unsettled. Noth
Ing was active, however, but fluctuations
were erratic and covered a wide rouge.
bearish and In ten minutes prices were
forced decidedly lower, but the weakness
waa of short duration, snd the decline Ini
mediately following the (Misting of the gov
•rnmeiit figures was recovered in short or
der.
Following Is the condition report by
States:
Virginia
North Ca
Florida
Alabama ...
Mississippi
Louisiana ..
Arkansas
Tennessee
Missouri
Oklahoma
Indian Territory...
* Atrtter I To il 84.«
1904.
1903.
tH
The following table shows the acreage
and crop ns C4impnred wtlh the previous
1106-07
1906-06
1904-05
1909-04
1902-03
27.399.55.'
21.730.371
2S.907.001
27,460,(Xh)
ekly
11.346.000
13.666.000
10.011.000
10.72S.000
The summary of the „
r ort was bullish, and the ndvHnre after
uhllcntlon Is nttrihufed to this fact.
Following Is tlie suiumii
’’Iiiaca sons lily cold weather prevailed
over the cotton region during the week.
The deficiency In tcni|>ernturc ranged from
6 degrees along the gulf coast to 12 and
14 degrees over the northern portion of the
cotton region. Hnln fell In all the cot
ton-growing states. The weekly amounts
exceed.-d 1 Inch, except In parts of Alabama,
western Georin and eastern Mississippi.
Over eastern Texas and souther* Dtulslnun
the rainfall ranged from 2 to S inches.'*
In the late session prices rugged
•lowly until the close, which was tftendy
•t 14 to 22 points lower.
Comparative receipts at all United
States ports:
Net receipts Tuesday .. ..
Same day laat year .. ..
Decrease
Total receipts for three days
Same days laat year .. ..
Decrease
Total receipts since Sept. 1.. .9,653,459
Skme time lust year 7,620,617
Increase 2.132,842
Estimated receipts Wcducsda
NEWS AND GOSSIP
of tho Fleecy Staple.
Special to The. Georgian.
(From Hayward. \lck A Clark.)
New. York, June 4.—Baehe A Co.
near and 4 to
rkifbai
Spots dull but
4 (M>lnta higher; middling. 7.4/; sales 6.9W,
American 4.<TO; speculation aod export, 600;
Imports C.OOf), luciuding 1,000 American.
Fort receipts today estimated at 7,000,
against ll',39o laat year. . .
Uverpool does not seem to be much work
ed up over bureau day. think prices
will rule feverish and unsettled. Reports
of atorma In the belt are unsettling. We
believe if prices run off very much cotton
la a purchase.
Business modernte. mostly a continuation
of the evenlng-up process before the bureau.
Sentiment rather unfavorably affected by
the Chronicle estimate of about 6 per cent
Increase In acreage as trade generally la ex
pecting government to estimate practically
o Increase. . .... , ,
The New York Commercial and Financial
Chronicle estimate au acreage of 93,079,426,
on Increase of 4.82.
New York Commercial: “It seems evi
dent that tho outsiders with profit* on the
long side sro going to take their cotton
over the report."
New Orleans, —. _
Clark: Weather conditions for tho past 24
hours wna generally fnvorable. unly .scat
tered light showers In northern half of
Texas, Territories and Louisiana. Portly
cloudy and warmer weather prevailed else
where. Indications point to cloudy and
scattered showers with tho exception of the
Atlantic states. Colder In northwestern Ar
kansas and probably heavier showers there
and In Month Texas.
Market had an unaccounable set-back. Lx.
ect weather forecast bad; bullish bureau.
ooka like a purrhaao for a scalp.
Opinion here la that tho market will be
bought even on a condition of 70, as It la
pretty certnln the government will be below
that. Market looks like u purchase ou all
soft periods.
GOVERNMENT WEEKLY
REPORT ON WEATHER.
Washington. June 4.—Following, la the
t frees
ency
over the northern portlou. The first four
days were cloudy with heavy rains, the
Inst three fair. The rainfall was excessive
xcept In the extreino uorthern portion, and
here was considerable IhHMlIng In the
southern portion. Tho sunshine was de
ficient.
Mississippi—Tho mean temperature waa
nearly 10 degrees below normal. Tuesday
waa the coolest day. with a minimum tem
perature of 60 degrees In nearly fill port Iona
of the state. The rains were heavy In the
northern, moderate In the central and ex
cessive in the southern counties. There wna
very little sunshine.
Aiahniiin-llnlnfnll heavy In northern and
southwestern counties and light In southern-
eastern counties, but the sunshine was very
deficient throughout the state. Temperature
normal on the 30th, Jjut was unseasonably
loosed id ...
ruing of ths 28th.
Arkansas—The week was abnormally cob
with mean temperature about 12 degree
below normal. Light frost occurred li
Isard and Madison counties. General show-
occurred almost dally, and there were
y rains In several localities on June 1.
rainfall was generally uIkivo normal.
The sunshine was deficient. The weather
wna mostly unfavorable.
i cooler than usual
stern parthi
Edited by
a m a ni/ETC
Joseph B. Lively
MARKETS
Mr. Lively's twenty-flvs
years’ experience of ed
iting markets In Atlanta
and the Bontb baa made
him a recognized au
thority In bis specialty.
RANGE OF NEW ' YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amalgamated Copper .
Atlantic Const Line. . ,
American Sugar lief. . ,
Anaconda
America n I >»eomotive.
AASffiFJUv:
da, preferred . . ..
Atchison . . - . - .
do. preferred . . . .
American Cotton Oil. . ,
Am. Car Foundry . . .
Baltimore A Ohio . • .
Brooklyn Rapid Tran.,
Canadian Pacific . . . ,
Chicago and Nortbw’n. ,
Chesapeake A Ohio . .
Colorado Fuel A Iroo. ,
Central Leather
do, preferred . . .. ,
Chicago A Great W. . .
Chicago, M., A 8t. 1\. .
Delaware A Hudson. . ,
Distiller's Securities. . ,
Erie
o. preferred
ere I Electric . • • <
Illinois Central
Am. Ice Securities . , .
Louisville A Nasbvllis. .
Mexican Central . . . .
Missouri Pacific
-, rr
m!4 m
iini
KV4
ijWhjwijhS 34>i
.US*
St*
168%
29%
126%
162%
121%
WL g.
6.0
■'S*
120%
K
I M%
102 •
113%
106
8jr-
29%
ft
! 33%
i
NAME OF STOCK.
Total stock sales today 684,800 alArcsT"
N. Y.. Ont. AW..,
National Lead. . . ,
Northern Pacific. . ,
New York Central. ,
Norfolk A Western.
Pennsylvania
People's Gas. . . • «
Pressed Steel Car. ,
do. preferred. • •
Pacific Mall
Beading
Republic Steel. . . .
Bock Island
do. preferred. . .
Union Pacific
United Statea Steel. .
do. preferred. • •
Va.-Car.Chemlcal. , ,
do. preferred. . •
Western .Union. . . .
Wabash
do. prefsrred . .
Wisconsin Central .
do. preferred . . ,
99%
tig
"5B1
‘ft
ft
TIPS FLASHED
From Wall Street
NEW YORK.
turea In New York today
4.944
12,396
7,452
13,559
31.463
17,904
New Orleans 2,100 to isoo
Galvestou 1,000 to 1,600
Houatou 600 to 700
Movement at Atlanta:
Receipts Tuesday
bame day laat year
Decrease
Fhlpmeut* Tuesday
Bame day last year
Decrease
Stock on hand Tuesday
1906.
sS
1,911
D.WN
4.073
1,435
8POT COTTON MARKET.
Liverpool, steady; middling uplands 7.42.
Atlanta, steady; middling 12%.
New York, steady; middling 12.90.
New Orleans, firm; middling 12 916.
Mempbla, steady; middling 12%.
Galveston, steady: middling 12%.
Savannah, nominal; middling 12V
Wilmington, steady: mlddllug 12%.
Norfolk. Arm; ralditlln* 13%.
Boston, steady: middling 12.90.
Baltimore, nominal; middling 13%.
St. Louis, steady; middling 12%.
TODAY’S PORT RECEIPTS.
INTERIOR RECEIPT8.
tame day last year:
HAYWARD, VICK A CLARK’S
DAILY COTTON LETTER.
New Orleans. June 4.—The pension opened
with the market very Irregular and mrvon*
Flm trades In Octol»er were ot un Ad
vance of ebout 12 points, which, however
was nearly all lost during the call. Profit-
“ " ‘ old
the
the excitement wne pretty free durini
first hour, and held prices dmv
- — Satar-
\\ eat her conditions
mi iuc wiimv, favorable. Scattered show-
era occurred In the north and west, but
were mostly light. Partly cloudy and wann
er weather prevailed elsewhere. Indications
favor more showers and cooler in the west-
•rn and central atates. Stationary condl-
ns mostly unfit von
Florida-The week
III the northern and
nearly normal In the central and southe
portions. Hliowers during the early part of
**“ —^ were followed uy well-distributed
The sunshine was ample except In
the western portion.
Georgia—Tin* temperaturo was decidedly
below normal on May 28th and June 2, and
nearly normal the remainder of the week.
Light frost wna reported In places In the
northern portion on the 28th. The rainfall
was unevenly distributed, being locally
heavy In the northeastern and southeastern
portions, and below normnl elsewhere.
There was much cloudiness and the sun-
.. ,• weather pro-
the last two days, which
. * - vwt gg t eni
Texn*-*C
veiled except
were clear nml pleasant. The . ..
pernture was ntniut 10 degrees below nor
innl. The rainfall wna unusually heavy
over the greater part of tho state, suspend
ing farm work. It was heavy In the south
ern-central and coast counties, and east of
the Guadalupe river It ranged from 6 to
over 8 Inches. Much land was washed, low
lands were Hooded, never*I lives were lost
and other damage was done by the heavy
rnlna. Destructive hall storms occurred In
Itewnx. I<nno and Williamson counties.
S'outh Carolina—'The week was cool and
generally cloudy with heavy rains In the
war *
fall
ffe
below normal
above normal.
Tennessee The week was unusually cool,
normnl. occurred mostly In the second hnlf
of the week, and was heaviest In northeast
ern count lea, where It was beneficial.
North Carolina—Unusually low tempera
tures prevailed, averaging about 7 degrees
w normnl. Frost «*ocurred on the 28th,
but only slight damage resulted. The cool
nights and generally low temperature were
very unfavorable. The precipitation was
abundant and beneficial. The sunshine was
deficient.
Oklahoma and Indian Territory—The week
as cold, wet nml unfavorable. There was
marked deficiency In sunshine nml the
menu temperature was 10 to 15 degrees b«>
low normal. Precipitation was nlsive nor
mal In all districts, but tho excessive wna
greatest In southern nml western counties.
Oct.
Nov..
Dec.
.11.64
.11.61
.11.79
Closed steady.
..... ,...(11.88-42
11.35 1L50 11.60-61
11.40 H.60 11.48-49
11.25 11.57 11.66-66
11.48 11.76 11.75-76
11.78-79
11.66 11.79 11.80-81
11.90 11.90 11.90-9!
i n
L&2A4
11.64-66
11.84-65
11.72-73
11.98- 94
11.98- 99
12.02
2.10-11
12.00 U.00 12.00.02112.19-20
LIVERPOOL.
•penlng Previous
Range. 2 p. m. Close. Close.
June 6.99 -6.95% 6.55% 6.92% 6.90
JuneJuly.... 6.85 -6.84 .... 6.81 6.78
July-Aug.... 6.84 -6.80% 6.81% 6.78 6.75
Aug.-Hept.. 6.75 -6.71 6,70% '
Bept.-Oct... 6.64 -6.63
6,70% 6.68'
6.62 6.59
6.64% 6.52*
6.66
6.66
6.48%
Dec.-Jan...,
Jan.-Feb.... 6.48 -6.45
Feb.-Mar.... 6.46%-6.46
Mar.-April.. 6.49 -6.46%
Closed feverish.
6.48 6.44
6.46 6.42
6.44% 6.40%
NEW ORLEANS/
The following Is tho range In cotton fa*
turea In New Orleans today:
" Closed' steady.
NOTES ON GRAIN.
Pointers on ProvUion*.
lions In the eastern holt. Long liquidation
had depressed prices to 12.14 for October
before publication of tho bureau. On Its
announcement at 11.15 a. m , n sharp break
to 12c occurred, but there were enough re
serve buying orders to absorb all selling
and to push prices back Into the uclglilior-
hood of 12%c. The government gives the
cron condition sverng* on Mnv A nt 70.5,
against 84.6 last year snd 74.1 In 1903. The
rengo It given as 32.060.000, against 28.686.-
TOO last year, and 2S.997.35S In 1903, As we
had expected, the government made a re
vision In Its acreage, for there Is no 14
per cent Increase In acreage this season
| Inst. These large acreage figures were
disappointing part of the bureau ami
caused the decline at first. Considering the
importance of the atnrt of a crop, this r na
tion figure Is very bullish, and those that
ive come to the conclusKA to stick to the
ill side, on the ground that the const*-
tellers of tills bail start can not be over,
une. have the advantage of previous
nice. We must also bear In mind that
iere was a great deni of damaging westh
since May 25. Numerous deduct be*-
ie figure* of th*
. 158.13, lead to
the full . .. . , .
Uient says the net Increase to acreage
season's revised acreage I* only II,
rre*. The market quieted down verj
after the report, It It was not sens*
tlonal enough to encourage wild specula
tlon. Many thluk this report will have no
further effect, and that the marker will
again rather move on the dally wrather
outlook.
York, June 4 — J. K. Hnchr
piiab, uncertain market. A
day market. The longs and shorts
stood ready to run nt the drop of the hat
Stop-orders slightly above ami slightly be
The government report of 79 5. an
iced on the inlmite tI2:l5 p. m i, was
the signal for slaughtering the longs. The
general expectation was around 69. but
when the acreage showed ail Inerense of
3J09J40 acres the hears did not hesitate to
crowd their success to the utmost. Support
and covering of shorts steadied prices and
the market ruled feverish and unsettled in
the early afternoon In spite of the big In
crease In ncrenge, the condition Is bad. and
It will take a month or two to make up for
loat ground. Would buy cotton on ull
breaks.
The Chicago Record-Herald: “In refer
ence to the wheat prospect, 1 would say It
Is very favorable," said au Edmonton. Al
berta, letter to A. O. Brown. "The Mani
toba Agriculture College advlaed the farm
ers to continue seeding until the beginning
of June, ns tho exceedingly favorable con
ditions existing now will rush the growth.
We are having an abuudnnce of nunsbliie
and Intermittent showers, which create con
ditions that make up for tho lateness of
spring. As much wheat will bo sown as
Inst year In this vicinity and porlmps
more, ami I should Judge from iny recent
trip between hero and Winnipeg that a
{ rout deal more will be under wheat than
e ret of ore. In winter wheat there will
doubtless be a big Inerense. Storms that
inny be affecting the wheat ureas of some
districts do not affect tills section, and all
throughout the wheut belt of northwest
Canada the bug Is not kuowii. Best nssured
that the wheat crop of northwest Cuuudu
for this year will he u bumper."
“Wheat In Nebraska does not look right,”
said N. II. I'lMlIke, of the Updike Gralu
Company, of Omaha, who wna on the floor.
••It Is heading out very abort. It la hard
your Is larger than Inst, and that tlie crop
In flint vicinity Is looking better than at
this season In many years. No trace of
the green bug or other Inaect Is found.
"Realising sales on the bulges have been
heavy enough to keep wheat from getting
very far over the dollar mark during the
past week," said W. II. Lake. ^Tho
market has had several sharp breaks under
$1, only to rally again on renewed buying
by outsiders nml professionals, who, though
bulls for a much higher price level, have
been Inclined to scalp for the present and
have taken profits on the sharp advances.
Aside from the fact that the Southwest
has had pretty fair rnlna, the situation
shows very little change."
A Kansas City messuge which enroo In
after tho close of ’change said that the
Inst mnll had brought In a number of let-
the outlook. Homo
also reported ns turning Mack ami having
u dry, shriveled appearance. Earlier mes
sages reported the arrival at Kansas city
freexe. The top was white and shriveled.
K. W. Kalb cabled Slaughter from Paris
that the Houmanlnn wheat crop reporta con
tinued very unfavorable, as tbe ruins came
too late.
Fred L. Harris, brother of J. F. Harris
and manager of large landed Interests In Al
berta province, Cnnndlnn Northwest, writes
that he estimates the seeded wheat area
In Alberta and Saskatchewan provinces to
be fully as Inrge as. If not larger than,
that of Inst year. A supplemental wire sent
•Warm to
WHEUT STARTED AT
ABOUT CENT DECLINE
Lower Cables and Seasona
ble Weather Were the
Main Influence.
Chicago, Juno —Closing prices for
wheat allowed losses for the day of
ll-8@>16-8c; corn was up l-8iEPl-2c;
but oats were off l-8©l-8c, and the
provisions were a shade better.
The leading feature In com os well
as In wheat was the selling of long
grain by Patton brokers. Wheat had
declined to a level close to tho avorage
cost of the Patten lino, and tho big
trader sold around 4,000,000 bushels and
secured a moderate profit.
The world's available supply of .wheat
decreased 0,100,000 bushels. Coro In
creased 708,000 bushels.
CHICAGO GRAIN MARKET.
— J»y are na follows, compared with
yesterday’s dote:
Previous
Open. High. Low. Close. Close.
WHEAT—
96% 96%
98% 96%
WEATHER REPORT.
WEATHER CONDITIONS.
An area of low pressure of considerable
energy Is centered nesr Chicago this morn-
lug. causing general cloiidlnese lu tbe lake
region und south Into Tennessee, with rnlti
falling nt Chicago, Cincinnati and Nash
ville. In the last 24 hours rain has fallen
In Montana, tbe Dakotas. Nebraska. Kan
san, northern Texas, middle Tennessee und
at a few scattered stations elsewhere.
An area of slightly Increased pressure Is
small, „
Mississippi valley and over
the eastern half of the map.
The eastward drift of the area of low
COTTON REGION BULLETIN.
merldlnu time, Juuc 4, 1!
iff nt
1907.
STATIONS
ATLANTA
DISTRICT.
July....
Kept....
Dec.... km
CORN—
July.... 63%
Sept.... 63%
Dec.... 60%
OATH—
July.... 49%
Bent.... 39
POHK-
July.. 16.20
Sept.. 16.35
LARD-
July... 9.17%
Hept... 9.30
Nov
RIBS—
July... 8.70
Sept... 8.86
100
54%
64%
51%
49%
39%
HR
8*
88%
m is
63% 64% 6374
63% 64% 5374
60% 51% ' 51%
49 49%
88% 3874
9.17%
9.27%
9.25
8.77%
8.92%
LIVERPOOL GRAIN.
Wheat opened H0% lower, and at 1:30
i. m. 101% lower. Closed 1% lower.
Corn opened unchanged, ana at 1:80 p.
m. % lower. Cloned % lower.
Friday night said:
to cool, show-
nil lip. Present outloo]
yield than last year."
Stock* of lard In and afloat for Europe
show a decrease during May of 22,TOO
tierces, ngnlust n decrease of 5,000 tlercea
In May «»f Inst year,
nroomtmlt estimates world's wheat ship-
bushels
CHICAGO CAR LOT8.
The recolpta of grain lu car lots today
and estlmuted receipts for tomorrow are as
follows:
Today. Tomor.
Wheat
963
211
16000
COTTON SEED OIL.
L. H. Fairchild. E.tabllshad 1885. 8. J. Whit..
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Member.:
S w N«w York Coir«. K«chan*«.
w ST* N>w Grinin, llo.nl of Trad,,
w Orinna Stock Exchange. ('himgo nourd of Trail,.
LIVERPOOL COTTON ASSOCIATION.
Print. Wlm to NEW YOBK and CHICAGO, order, .aliened for future delle-
cm aim. Eark,axe. u. C. COTHRAN.
From end t»» end the cotton goods market
feels the effect of higher values on the stu-
pit*. Saturday lu almost all offices the
statement was made that mills bad In
gouts to withdraw
. no more goods for
sale except on the terms “at value" time
of arrival. Following the adoption of this
policy by yarn spluneru on Friday tue
doth market In the cottou Industry moved
up to the new ground. There has been m
time within recent years. In fact, not wtlh
In tbe memory of the present generation,
hh1». fancy shirtings ami shirt
cs lutended for fall, entters-up are oi-
g what seem to be ridiculously hlgl*
es. The trading Saturday In all dlvl-
of the market waa eonflued to future
ring, but Its total eicreded that of any
creaaod |*t
on American wide prints. Among lueu’a
wear agents the offerings In woolens and
mercerised goods lor the aprtug of 1W8 are
regarded a* offering big values, and al
though the clothiers are uot In good shape
to order they feel compelled to do some
thing more than cover their Initial require
ments. lu tbe dress goods division «»r the
market the ordering reported Saturday both
Print Cloths Ara Scarce.
By comparison with earlier days In the
past week. Saturday was not nn active
one In the print cloth market. One reason
for this w-aa the absciiec of any spot offer
ings In either wide or narrow good*. Sale*
lor the week ran np above the figures of
th»* one Immediately preceding, and topped
250.0W pieces of N»mv England g<HHl*. A
4 !l-16c narrow cloths In 64x6J counts
60 (|61
6*3%
60% 660%
36%<n57
4SYf|49
46%
of the New York cotton tied oil market
opening. ('losing.
June 60 4i42% “
July 60 G«1
September. ....... 60%
October 56%W57
November 45%'1?49
Decemlier 46%ff47
Closed steady.
Following are the cotton-seed oil
sales for the opening and 1:45 p. ni.
call: 200 October at 66 1-2, 200 Novem
ber at 48 3-4, 100 December at 46 1-2,
and 300 at 47; 100 June at 60 1-2; 100
December nt 60 1-2, 200 September at
60 1-2, 300 September at 60 1-4, 100
October at 56 1-2, 400 October at 67 1-2,
400 November at 49. 800 November at
48 3-4, 100 November at 48 1-2. Total
sales, 4,200.
NAVAL 8T0RES.
Special to Tbe Georgian.
Savannah. Ga.. June 4.—Turpentine firm
nt 58%: sales. 352; receipts. 2.159.
Rosin firm; sales. 223; receipts. 5.268; win
dow glass. |5.'i54iiM0; water-white. $8.8)«
6.*; M. I5.75ti6.00; N. $5.704)5.85; K. $5..\>h
5.60: I. SS.00ti5.35; H. $4.85: G. $4,754*4.80'. p.
$4.70414.75; E, $4.50; D, $4.»©4.35; B, $4.00©
Atlanta, clear. . . . .
•t’hnttnnooga, foggy.,
Columbus, clear. .
••Oalncavlllc, clear.
Greenville, clear. . .
Griffin, clear. . . .
•Macon, dear
Moptlcello, clear. .
Newuan, clear. . . .
Rome, clear
Spartanburg, pt. cl’dy
Tallapoosa, clear.
Torcoa. dear. . . .
West Point, clear. . . w
*r«perature for (ha 12-hour p.-
riod ending | a. m. this data.
Received too lata to Include In averagea.
AS
m
3|l
CENTRAL
STATION.
DISTRICT AVERAGES.
_ •
Si
id 00
II
Atinutu. . .
Auguatn. . .
Charloaton. .
Galveatou. .
Little Rock.
Memphis. . .
Mobile. . . .
Montgomery.
New Orleans.
Oklahoma. .
Savannah. .
Vicksburg. .
Wilmington.
T. Indicates Inappreciable ralutili. 5Fo?
yeaterdny ••For 24 hoars ending 8 a. m.,
•5th meridian time.
... . Remarks.
Higher temperatures are reported from all
sections In the district. Light precipita
tion has occurred nt Galveatou, Little Rock,
M*pphls, New Orleaus, Vicksburg ami
Wilmington.'
Special to The Georgian. t ■ , ..
(From Hay ward, Vick A Clark.)
New Y’ork. Jnne 4.-J. S. Baehe & Co.
London market again weak %G% lower.
No new development! from London.
The bear party resorting t*™.*
In order to wring about liquidation and al
low them to cover. , . • .. .
There Is « noto of warning by National
City bank this morning, and fhla may pos
sibly bare somewhat ot a depressing effect,
bnt stocks are grounding on bottom and
ahould be purchased on any recession!.
Erie puts out good Aptll statement.
Town Topics: It has been-quite evident
for some anys past that*the market has
been controlled almost entirely by the oper
ations of the floor element,' but we believe
the market la now In a position to respond
very readily to any. favorable development,
and In view of the more reassuring crop
news we would* deem It advisable to cover
abort contract! on nil weak spots.
We think conservative purchases of the
Harriraans. Hills. «t. Paul. Atchison, Read
ing and Louisville and Nashville and Atlan
tic Conet Line nnd Amalgamated will prove
profitable.
We exp
ued unfa....—— -
that today'* bureau report will show a very
low condition. . ,, ...
We would not buy wheat thla aide of 95c.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGH—Active. 17em4c.
LIVE POULTRY—Heui. xettve, 42H6«c
eneb; fall fryer., active, 4M445C each: (lucka.
Pekin, 10c each: puiltlle, 2Sc each; *e«c, full
feathered, 40c each: turkeya, dull, 10c per
'"PRESSED POULTRY—Turkeya. undrawn,
active 14918c pound: frlea, active, 26930c
pound; hens. 14c pound..
PRODUCE—Lard, 12c pound; hams
tlve 16c pound: shoulders active
pound; sides active 11c pound; butter active
17%c pound: beeswax active, 26c pound;
honey, bright, active, 10c pound; honey In
1-pound Mocks, active, 10c pound. _,
FRUITS—Lemons, fancy Slessena, $5.<
5.25; banana* per bunch, culls, active $1.
straights 3% cents per pound; pineapples,
Florida atock, $3.00753.60; oranges, Califor
nia atock. owing to alxe nud condition
on arrival, per T>ox, $41/4.50. Florida hon
ey peaches $2(03 per crato. Grape
frnlt, P.orlda atock. owing to slse and
color, per l>ox, $5.00; limes, Horldn stock,
per 100 $1.50; pennuta, In sacks averaging
100 pounds each, owing to grade, per pound;
6%®7%c; dried apple*. 7©8%c: dried
peaches, ll%c; prunes. 6@7%c; cantaloupe,
$2.75 crate. Strawberries, 10#15c.
VEGETABLES—Yellow squash. $1.5002.25;
white aqua ah $101.50 crate; cabbage, crato,
2c pounu: tomatoes active, $3.50; potutoea.
new, $4.0004.60 barrel; new potatoes. $1.50
per bushel; onlona Loulalana, $2.00 per
bushel; Egyptian 4%c per pound; old
Irish potatoes active $1.1561.20 bushel; cel-
ery. fancy. $2.5003.25 crate; peppers active.
$2.50 crate; okra, six baskets, small. $4.00;
crate; lettuce, headed, active. $2.0003.00 per
crate; kraut, half barrel. $3.76; beaus, round
green. $2.00 crate; wax, $1.2601.50 crate; as
paragus, 15020c 2-pound bunches; cucum
bers, $2.00 crate.
GROCERIES.
RICE—Jap 606%c; head 607c; fancy head
6%07. according to the grade.
CHEESE—Fancy full cream dairy 17%c;
86c gallon: Georgia cane 36c gallon; salt,
100-pound, 60c; axle greaae $1.75; soda crack
er* 6%e pound; lemon 7c: oyster 7c; bar
rel candy, per pound, 6%c; mixed, per
pound,j6g«^ tomatoes, 2-pound. .$190 case;
Lpound, $2.25; navy beans. $2.40: Lima beans
Go; best matches, per gross. $1.66; macaroni,
6%07c pound; sardines, mustard. $3.25 caae;
Arbuckles $16; bulk In
bags nnd barrels 12c; green 11012c.
Shredded biscuit $5 caae; No. 2 rolled oats
$3.26 case; sack grits, 96-pound bags, $l.r
oysters, full weight, $2 case; “ " T
$1.10 esse; ®y*P5 p *M, *PPl*» _
case;
nd bags, $1.85;
; light weight
>■ 7%c pound;
$o case;
.25 case;
mnd Jara,
48c; roast neef $2.60 case; corned beef $2.frJ
case; catsup $1.90 case; sirup, New “
pepper 18c pound: baking powder $
red salmon $5 case; nlnk salmon $4.2
cocoa 40c; chocolate 83e; muff, 1-pour
AT MOPING
Prices Were Irregular—De
clines and Advances
Equally Divided.
STEENGTHENEDLATER
Prices Rallied, Advances
Running to Over a Point
in Some Issues.
New York, June 4.—The abrupt turn
of this morning’s market could be set
down chiefly to one of quick shifts of
position which has characterized the
operations for some time past. At the
same time a fair basis was afforded for
the rise, in the appearance of a rather
better class of buying than has recent
ly been noted.
New York, June 4.—Tbe stock market
showed a good deal of nervousness at the
opening and prices were Irregular with ml-
vances snd declines about equally divided.
St. Paul aud Interborough-Metropolltnu lust
1 point. Fractional declines were shown lu
Atchison, Northwestern, New York Central
and American Smelting. By the end of ten
minutes the market had experienced a rally,
running to a full polut In Headlug aud 1%
In St. PauL
MONEY AND EXCHANGE.
New York, June 4.—Money on call
11-202; time loans Arm; 60 days 3 3-4
04; 90 days 4 1-404 1-2; six months
4 3-405.
Posted rates: Sterling exchange
$4,84 1-204.87 1-2, with actual busi
ness in bankers’ bills at $4.86800 4.8685
for demand and 64.836004.8365 for 60-
day bills.
Prime mercantile paper unchanged
at 5 l-2c.
London bar silver steady, unchanged
at 3Id. New York bar silver 67 l-4c.
Mexican dollars 62 l-8c.
NEW YORK STOCK MARKET.
The following table give* the New York
stock market Quotations up to .and loclud-
Ing 1:39 p. m.:
ir><
51%
4-ply cotton. ISc; soap, $1.6004 earn
PROVISIONS.
PROVISIONS—Supreme hams, 15c; bellies,
»yfI25 nounda average, 9.82%; fat back*.
8.12%: supreme lard. 10.00%; Purity com
pound, 8.75; California hams, 10c; dry salt
extra riba, 9.57%.
FLOUR AND GRAIN.
FLOUR—Highest pntent, bent pnt-
THE COFFEE MARKET.*
Now York, Juno 4.—Coffee cablet:
Havre, 10 a. ni., market steady; 12 uoon
mchmiged; aalea 6.000.
Hamburg, 10 a. tn.. market unchanged to
% pfennig advance; nalei 11.000.
Hlo receipt* two day* 9,000; shipments to
t nlted States. M.00O; Europe noue; atock*
924.0*10: market stemi!
MSantoa receipt* two
days 40,000; stock
2,352.000; market stead..
Sno Paulo receipts 39.800.
Ju lid In by receipt h 24.000.
The following figures give the opening
• nd close of the New York coffee
ii ge n
irket i
LINER’S FIREMEN
MUTINY IN N. Y.
New York. June 4.—Seventy-five firemen
of the North German Lloyd steamship
January ..5.40.545
February 5.40-5.5 J
March 5.50
April 5.4)
May 5.50-5,55
June
,.5.53
Inly 5.405.50
A tig lint 5.30-5.4)
September 5.40
October 5.33-5.4)
November
Decemlier 5.40
Closed steady. Sale* 5S4.S09 bags.
6.43-5.50
5.40- 5.50
5.51-5.55
3.53-5.61
& 40-5.45
5.40- 5..
5.40- 5.45
5.35A.F
lc: crni'kert com, per liu.li.l, 76cj bull, ux
ChlCKBN FBBD—FIfty.popnd ucks Me;
Purina chick feed, $2.00; Victor feed, $1.35;
brand feed, $1.90.
OATB-No. 2 white, 60c; No. 2 mixed, 69c;
Golden oats, 69c; white clipped, 61c.
MEAL—Plain, per 96-pound sacks, 74c; 48
pound Mcks, 76c; plain, 20-pound sacks, 77c;
germ $1.26.
HAY-TImothy. choice large bales, $1.40;
do. choice small bales, $135; No. 1, one-
third boles, $1.35: No. 2, one-third bales.
$1.25: choice prairie, $1.00; Bermuda, $1.10.
8lfoilTK—Choice white $1.50, Texas white
S .85, fancy $1.40, brown (80 to 100 pounds)
.40. Bran $1.35.
FWIf—Bream 7c
pound; trout 8c pounc. „
pompano 25c pound; mackerel 12%c pound;
mixed flab 6c pound; fresh water trout 9c
PLANS ARE ADOPTED
FOR NEW FREIGHT DEPOT.
Special to Tbe Georgian. •
Washington, Qa., June 4.—-Plans have
been submitted by Superintendent W.
S. Brand, of the Georgia railroad, to
the Washington Business Association
for the enlargement and general im
provement of the-freight depot nnd pas
senger station In this city. The plans
as submitted met with the approval of
a committee of the local business
league nnd work will commence within
the next few days upon the Improve
ments.
Amal. Copper. . .
Atlantic 0. Line. •
Am. Sugar lief. . .
Annconua
Am. Car F. . . .
Am. Smelting Ref..
AtcMson pfd.
H. A 0 93% 93% 93% 93%
B. R. T. . . . . . 49 49% 487fe 49%
’nn. Pacific 167 167% 167 167%
hean. \ Ohio 33% 33% 33% 33%
Colo. F. A I. . . .
Chicago, M. A St. P.
Delaware A Hudson.
Kansas A Texas.
L. A N
Mex. Central. . .
Mo. Pacific. ...
N. Y.. Ont. A W....
N. Pacific. „ .
N. Y. Central
Pennsylvania 118% 119% 118% 119%
tie’s Gas 89% 89% 89% 89%
'acltlc. ..... 74% 75% 74% 75%
Union Pacific. . . .131 133 1S>% 132%
V. S. Steel. ... 32% 32% 32% 32%
do. preferred, M
THE LONDON 8TOCK MARKET.
Anaconda .. .. .. .. .. ,
Atchison
do, preferred
Baltimore nnd Ohio ....
Chesapeake nnd Ohio .. .. ..
Chicago and Great Western..
Cnnndlnn Pacific .. .. ..
Erie
do, preferred
Illinois Central
Kansas nnd Texas
do, preferred
Louisville nnd Nashvlllp ..
Mexican Central preferred
Norfolk nnd Western ....
New York Central .... ..
Ontario and Western ....
Pennsylvania - ..
Philadelphia and Rending .
Hock Island ..
Southern Pacific .. ..
Southern Railway
do, preferred
58.
Manhattan Bridge.
It has ben stated that the Manhattan
bridge, now being built across the East
river, n short distance above the Rrnoklrn
bridge, ought to be In uae within three
years. The total length of the bridge when
completed will be 9.330 feet. The maximum
grade will be 2.9 per rent. The maximum
grade of the Brooklyn bridge Is 3.25 per
cent. It Is estimated .by the engineers In
charge of the preparation of estimates for
the work that 83.729.000 pounds of steel. 390
cubic ytints of cement, 19,70) |H>uuds of
bronxe and 25.0TO pounds of line will Im* re
quired In the eoustructlou of the bridge.—
London Engineer.
8t. Paul
Union Pacific
United States Steel
do, preferred .. ••
Wabash, preferred ■
55%
HDJ4
32%
55a. 96 :?
BARTHOLDT OFF FOR
HAGUE CONFERENCE
New York, Juno 4.—Among the passen
gers on the Kaiser Wilhelm Der Grosse thla
morning waa Richard K. Bartholdt, one of
the representatives of the United States
to the second Hague peace conference, lie
waa In a cheerful frame of mind, and ex
pressed the hope that the discussions nt
The Hague will bring much nearer that for
which be has been striving for mony t years.
"I shall do all in my power,” said Mr.
Bartholdt, "to have some action token to
have The Hague conference established on
a permanent basis. I regard this as one
of the moat Important subjects which win
come before the cougress. I a in not »*»
anngulne that nil will bo done that shpuM
be dofie. but believe some progregst will
made toward ultimate peace. I mu »nr**
that nil will approach these question* m
the right spirit nnd with the earnest desire
to accomplish definite results. If I n,1 ‘
right, there mtiat be great good come out
of the congress.”
Kaiser Wilhelm der Gn*u»e. who hod acted
as atrlke-biVakers. mutinied today, the en
tire police force of lloliokoti being called
ont to arrest the men. For a time tho Mg
vessel wn* delayed, nnd score* of iMtsseu-
gera who find gone nltonrd the steamship
left their cabins, fearing violence.
After nu hour’s conference with the offi
cials the deinamls of the men were granted.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS,
Carondslet and Gravier Sts* New Orleans.
M EMBERS,
I ,9 r . letn * Future Brokers' Aseedstlea,
» &•" yrt***** •»«! Chic - * - -
New York Coffee Exel
New Orleans Cotton Exebanc*.
New York Cpttoa Exchange.
Galveston Cotton Exchange.
U oust on Cotton Exchange.
•yw Tora toffee Exchange.
Associate Moments Liverpool Cotton Acs *
lu
The!
X •. OACHE & C0„*Af?D*BARTLETT, C EABRINQTDN.
PRIVATE WIRES TO AUL POINTS • H *
ATLANTA NATIONAL BANK
ATLANTA. GA-
C. E. CURRIER. President. H. T. INMAN, Vlee-Prc.ldent
CEO. R. DONOVAN, Cathl.r.
JAMES 8. FLOYD, Assistant Cashier.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
ANO AUDITORS
Cnipire BuHJInj. Cell Phone, Main Ci\
ATLAK# A. GEORGIA-