Below is the OCR text representation for this newspapers page.

1: THE ATLANTA GEORGIAN AND NEWS. SATURDAY, JUNE ». 1WL JULY WAS ERRATIC! tOVEREOWIDERANGE Showed Difference of 27 Point.? Between High and Low. OTHER MONTHS ACT [VE At the Close the Tone \Yas Firm 5 to 7 Points Net Higher. New York. June 8.—The ft-ature of the cotton market wa* the rn*h to cover Jul. •bort*. The first sale wn* at 12c; then 1 •old at 12.20 and reacted to 12.lt. The px cltenient In the market wn* due to the report from Liverpool that brokers there Intended to ship tfielr cotton here to stop July tendera. The pressure wm not • heavy In the later month*. Subsequent!* tM whole market was feverish and ■ustahi ed on buying by coimnlaalon bouaew The price of July cotton made another bold Jump nt the opening of the New York Cotton Exchange t«Hlny, and within half " botfr adrnnced It.Bo a Imle. Thl* placetl the price of the July option J3.75 a bale higher **•" * w ~ ' * " ' yesterday morning. The trading wna ' and the price* wer*» ■uniniR ■> »»»•- mu- «. 8 or 6 points for. each quotation recorded. Humor* that a group of Kngll*h mid American Interest* hare cornered the July option eau*ed moat of the activity. 'J'radlug In the option* of later month* wua eaaler nt alight ndvnnrea. Comparative receipt* nt all U. R. port* Net receipt* Saturday, June 8 4.145 Same day la*t year 6.235 Decrease 1.(00 Total receipt* Hlnce Sept. 1 9.676.064 Same time last year 7,663.728 Increase 2,122,326 Estimated receipts for Monday: 1907. 190(1. New Orleans 1.500 to 2,000 m t»alee*tou 600 to 1,000 852 Houston 200 to 300 455 Movement at Atlanta: Receipts Saturday, June 8 E Same day last year.. Decrease Shipment* Saturday, June 8 None Same day last year Decrease Stock oo hand Hnturday, June 8... Same day last year ... 6.353 ... 2,180 ... 1,173 SPOT COTTON MARKET. Liverpool, steady; middling uplands 7.50. Atlanta, steady; middling 13c. New York, ateady; middling 12.25. New Orlenn*. firm; middling 13c. Savannah, firm; middling l-’%. Gntveaton, Ann; middling 13 MG. Mobile, nominal; middling 12%. Charleston, nominal. Philadelphia, steady; middling 13V*. Memphis, ateady; middling 12%. Augusta, steady; middling 13%. TODAY’S PORT RECEIPT8. The following table shows receipts at the New Orleans. Galveston. . . Mobile Savannah. . . ‘Charleston. . , Wilmington. . Norfolk. . . . Boston. . . • . Philadelphia. . Various. . . . Total. INTERIOR RECEIPTS. HAYWARD. VICK A CLARK’S DAILY COTTON LETTER. New York, June 8.—J. H. Bade* A Co.: Price* were Irregular and the market fever ish at the opening this morning. The cause of It all was the bulge In July on the rail, tola month selling up 35 points from the close yesterday. While fear of a corner brought selling In the other months, the news was hnllUh, but the action of July held the market In cUcctt, although later prices milled with October above 12c. The weekly figures report declines In the visible of 147,with American decrease of 173,625, against 88,600 la at year. The market l»eing under the Influence of July options, dealings showed hesitation, but we ttellers that prices will ultimately work higher and would advise buying nu all de- 'cllue*. GOODS FOR SPOT DELIVERY ARE DIFFICULT TO FIND. The New York Commercial: In Thurs day’s buKlnesM on cotton goods It became evident that large buyers are still disposed shirtings. To find goods for spot delivery was no easy matter, ns the.market ts sold down to a closer point than at any time before In the recollection of the oldest com- Special to The Georgian. (From Hayward, Vick A Clark.) New York. June 8.-J. H. Bache * Co.: Liverpool waa due 18% higher on July and 506 higher on dlatant. Opened steady 8 higher on near and 7 higher on late. Cloned quiet 7%08% net higher on near and 9010 higher on late. Spots dull 6 points hither; middling 7.60; sales 3,000; American 5,000; speculation and export 300; Imports 1,000. Decrease In visible for week 124,130. We expect a strong opening, with feature* of strength In October and December. Fear of unfavorable weather over Sunday In the l»eit may cause further abort covering to- 1 Following Is the statistical position of cottou on Friday. June 7, as made up by The New Y'ork Financial Chronicle; This last Last Week. Week. Year. Visible supply .... 4.060.708 4.174.838 8.699,260 Edited by Joseph B. lively MARKETS Mr. Lively's twenty-fir* years* experience of ed iting markets In Atlanta and the South haa mads him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS America u 2,653,708 3,804,838 2,145.289 Since Sept. 1. 12,871,368 12.807.t28 10, stocks.... I’ort receipts . Exports 437.368 30.2T 493.000 47.613 50.112 33.665 484.000 58.254 87,417 28,824 45,252 249.359 .441* Int. receipts 25.432 Jut. shipments .... 61,732 Int. stock* 242.238 288,639 New Orleans, June 8.—Hayward, Vick 4 Clark: Map now complete. Weather oat- look still critical and ralna Indicated for western belt over Sunday. Think market will I** bought on forecast. Believe tbe squeexe which Is now on July will be gradually extended to Augnat and Septemlnr, as. owing to lateness of crop Would "adrl.# 'liquid.tion" of,«hort Juljr.. Weather for the vnm twenty-four houre was favorable, only rains of consequence being In Tennessee and the Carolina moun tain districts. Hardly any precipitation elsewhere. Warm nJgbt temperatures. HESTER’S WEEKLY COTTON STATEMENT Secretary Heater's statement of the move- 99.000 bale*, comp* decrease of 64,0 crease of 19.000. For the seven days of June the total* show a decrease under last year of 28,000, a decrease the same period year before last of 64.000 and an Increase over the same time In 1904 Of 19,000. For tbe 280 days of the season that have elapsed the n| * * ‘ * ' * “** days of Isst y ... . ... days year before Inst 600,000, and ahead of 1904 by 3,362.000. The amount brought Into sight during the E ast week has been 68,876 bnles. against 1.303 for tbe seven days ending this date Inst year. 121.097 year before last and 37,732 ■nine time In 1904, and for the seven days of June It lin* been 66,876, against 83,303 last year, 121.(07 year before last and 87,732 line time In 1904. The movement since September 1 shows receipts at nil United States norts 9,671,909, against 7.548.493 last year, 9.324.017 year be fore Inst and 7,01M fc * *~** ... ..... before Inst and 902,889 same time iu 1904; Interior stocks In excess of those held nt the close of the commercial year 143.360, against 129,717 Inst year, 198,719 year before last, and 109,736 same time In 1904; Southern mills takings 2,099,000, against 1,- 977.360 Inst year, 1.K36.8S6 year before last same time In 1904. ts for the week have b iKniniH o4,206 Inst year, making total thus far for the season 8,102,834, against 6,023,802 last year, an increase of 2,079.032. Northern mills takings and Canada dur ing the past seven dsys show a decrease of 8.182. as compared w ith tbe .correspond lug period last year, and their total takings since Hept ember 1 have Increased 186.836. The total takings of American mills. North, Houth and Canada, thus far for tbe season been 4.585.836, against 4,434.881 Isst year. These Include 2.434,696 by Northern ■pinners, against 2.248,861. Stocks at the seaboard and the twenty- nine leading Houtbern Interior eentera have decreased during the week 80,977 bales, igaliiNt a decrease during the corresponding [terlod last season of 71.247, and are now >,751 smaller than nt this date In 1906. Including stocks left over at ports nml Interior towns from the Inst crop and tbe number of bales brought Into sight thus far from the new crop, the supply to date Is 13.371.962, against 11,039,422 for the same NAME OF STOCK. Atlantic Cosst American Sugar Usf. Anaconda ....... American Ixx*omotivs. do, preferred . • .. Am. time!ting.Uef. . . do, preforrad . • .. . Atchison . . .... do. preferred .... American Cotton Oil. • Am. Car Foundry . . . Baltimore A Ohio . , . Brooklyn Rapid Tran.. Canadian Faclflc . , . Chicago and NorthWo. Chesapeake A Ohio . . Colorado Fuel A Iron. Central Leather .... _ do, preferred . . .. Chicago A (Heat W. . Chicago, M.. A tit P.. Delaware A Hudson. . Distiller's Securities. . Erie Illinois cruirui .... Am. Ice tiocovales . . Louisville A NashvIUs. Msxlcen Central . . . Missouri Pacific .... si ft 11*‘4 113* »% ft NAME OF STOCK. N. Y„ Out. A W. . National Lead. . . Northern Pacific. . New York Central. Norfolk A Western. Pennsylvania. . . . . 'eopie'a Gas. Beading. Republic Steel Bock Island. «..•••< do. preferred. . . .. United states Rubber. . - do. preferred. • . . . Southern Pacific. • • . . Southern Railway. .. . . do. preferred. • • . . n Ion-Pacific. . . . . United States Steel. . do. preferred. . . Va.-Car.Chemlcnl. . . do. preferred. • • Western Union. . • • Wabash. do, preferred TIPS FLASHED From Wall Street 8p«-t.I to The ” “-yw.ru. Vie London itlghtlj- Irregular but closed • toady. Tbe re.,lit of tbe WMblngton conference on the wbolo la conaldered farorahlq, and, barring contemplated action on tbe coal roeda, there la nothing to prerent a further adrauce In tbe general market. The pro- noted action oft coal roada will conaume a lot of time, and tbla should not act aa a deterrent toree eren on the coalers. The court, will ultimately decide the cate. Adrtae prollt-taking on nny bulge today In view of expected poor bank atntemeot. There are aumo who do not like money outlook, but they are In the minority nml no fear la entertained abould the agitation against corporation, ceaae. tbeao bulge, cauaed by tbla Total talc. H».m .hare*. NEW YORK. Th« following la the range In cotton fu tures In New York today: II m.iii.w., niaiui period lust year. mission merchants. It hardly seems crsdl bio that mills are turning down business on all qtussos of cottons, yet this Is an abso lute fact, and the converter or large cut temp who seeks to get gray goods or col ored rot took for any delivery this able of Heptember find* that tbe mills have no sur plus goods coining forward or no Idle looms for which they enu secure labor. Ho far «• yarn* uro concerned, the single chain warps and single filling yarns of Southern construction are quoted at higher prices than at the opening of the week, and In many other constructions, auch as Knatern carded copa and Houtbern frame ronea. agents have been Instructed by their mills to withdraw quotations. As Thursday proved a clear day there was somewhat — ger huytng lu the jobbing houses, due .je-appears net of a considerable num ber of nearby retailers. Print Cloths Are Activa. There la an active demand for all print cloth yorn construction cloths, and It Is the seller who 1s limiting tho volume of busi ness now passtug. For all deliveries thla side of October, narrow and wide goods are sold up by practically nil umts. Converters, bleachers and printers are In the market turn down any additional business, except for delivery during the coming year. On 28-Inch standards 4 13-16c Is being paid for near-by delivery. It ts a nominal oner*'— ■pots, for there are noue In this or any Eastern point. Wo are prepared to haudlc Stocks and Bonds on the following industries: Southern Mills, Telephones, Municipalities, Electric Lights, Manufacturing Enterprises, Steam and Electric Railways, Etc., Etc., Etc. We loan money on City, Farm and Out-of-Town Property. We buy Vendor Lien* and Purchase Money Notes; al.o buy and sell various enterprises, especially tho c!a;-s enumerated above. Advances made to Manufacturers and Merchants. W* Operate In Every City In the 8outh. UNLIMITED RESOURCES AT OUR COMMAND, IMMEDIATELY ACCESSIBLE. BELL & COMPANY, Bankers and Brokers, 924-925 Candler Building, Atlanta, Ga. June.. July.. Aug., Hept.. Oct. . Nor.. Dec. . Jan. . "Closed firm. i Si 1 ii 11.87 11.84-87 12.00 12.00-01 11.94 11.99 12 12.02 12.01-02 12.14 12.13-14 urn ujMi 11.90 11.89-90 11.86-86 11.77-79 11.96 98 11.95-96 11.99-12 12.06-09 12.14112.22-24 12.18-30 . LIVERPOOL. Following figures give the opening range. 3 p. m. and close, compared with yesterday. Futures opened firm. June 7.04 June-July 6-96 July-August ...» 6.89 August-Reptemher...* 6-80 Septeraber-October... 6.72 Oetober-November.... 6.63 November-December.. 6.68 Deceraber-January... 6.68 Janoary-February..., 6.54 February-March 6.64 Marcb-Aprll 6.54 Closed quiet J-8* 6.92 6.89% 6.81V* 6.74 6.64 Vi 6.60 6.58 8.66 6.54 6.56Vi 6.96 6.84 «■«* 6.73 6.66 6.65 Vi NEW ORLEANS. The following la tbe rapge In cotton fu- tnres In New Orleans todgy: NOTES ON GRAIN. Pointers on Provisions. The Chicago Record-Herald: The grain trade continues uneasy over the northwest ern situation. The official weather map yesterday showed frost through the Dako tas, but the official predictions for last nlghtnnd today were for warmer and clear. The beat Lon tod northwestern authorities agree that the spring wheat cron has no tfino to lose If it escapes the weather vlcla- alludes that are naturally to be expected later. The shortest time that any of the experts .here allow for the maturing of tho northwestern crop thl* side of the Canadian line Is 100 to 1(0 day*. In the Canadian wheat country the allowance Is 90 to 96 day* aa the minimum, the difference be ing, of course, due to the Tact that the days in the more northern latitudes are much longer. Additional claims of scrlons damage to Kansas wheat by the froat* or ten day* ago came In from various portions of that state.' Many farmers claimed that a large proportion of tbelr wheat would not be cut nt nil, while the innlorlty claimed dam age of 40 to 50 per cent, aorae ranging up WHEAT STARTED WEAKi LARGE FRACTION Off Decline Later Recovered on Good Buying by Com mission Houses. at the start this morning on . the pit crowd, but good buying by commls slou houses soon caused a rally and the S raln sold up nearly u -cut lu short or er, but soon settled down to firmuess at ii small advance over yesterday. Trade was fairly active. Strength In corn and oats was somewhat of an Influence. CHICAGO GRAIN MARKET. ATLANTA MARKETS. FRUIT AND PRODUCE. K<l08-Actlre, !7ei7Ho. LIVE 1'OtJLTBT—Hen*. artlT»,«We«c each; fall fryer,. »ctlTP. «M4«c f»ph; duck, I-ekln, »0c park; pndilln. »c each: few. full feathered. 40c each; turkey,, dull,-10c per TmESHED POULTRY—Turkey*, nndrown, active 14b 15c pound; frlee. active, 26@30c pound; bens, 14c pound. PRODUCE—Lira, 12c pound; bum* ac tive 16c pound: shoulders active lOOUc pound; aides active 11c pound; butter sctlvs l7%r pound: beeswax active, 26c pound; honey, bright, active, lflc pound; honey 1-pound block*, active. 10c pound. VBl’ITN—Lemons, fancy Slea*enn. $4,500 % $1.00; 4.76; imnann* per bunch, cull*, active, . straights 3% cents per pound; pineapples, Florida stock, 12.7503.25; orange*, ( sllfor- nla stock, owing *!■* . condition on arrival, per Tiox, II&4.60. Florida hoi» crate. •Iso an) lorlda stock. on arrivsi, per »»«>*, tisN.w, * e.v peaches. I2.75C3.53 per cr fruit, Florida stock, owing to color, per box, 16.00: limes, Fionas stock, per 100 11.50; peanuts, In sacks averaging 100 pounds each, owing to grade.per pound «Vi®7Hc; dried apples. 7<f8Vic; dried peaches, llVie; prunes, 64f7V$c: cantaloupe, lino crate, strawberries, 10c. Watermelons. 4.60 per barrel; freon. $1260150 ct_... __ r _. i»or bushel; onlous lioulslnnn. $2.00 per liushel; Kgyptlan 4*Lc per pound: old Irish potatoes active $1.1501.20 bushel; cel i»ry, fancy, $2.6003 25 crate; peppers^ active, I2.W ernte; okrn. nix bnakets, small. $4.00; rate; lettuce, beaded, active. $2.0003.00 per crate; kraut, half barrel. $3.75; beans, round green. $1.50 crate; asparagus. 16fl*2(V per 2-pouud ’*Mnches; cucumbers, $1.6002.00 per rate; egg plant, $2.0002.60. GROCERIES. MCE—Jap 506Vic; head 607c; fancy bead 6Vi07, Recording to tbe grade. CHEERE—Fancy full cream, 16 centa; Georgia cane syrup, 86 cents gallon; salt, 100-pouud. 60c; axle grease $1.75; soda crack er* pound; lemon 7c: oyater 7c; bar rel candy, per pound. $Hc; mixed, per mind, CA*c; tomatoe*. 2-pouud, $2.00 case; l-pound, $2.25: navy Iwana. $2.40: Lima Iwan* 6c; best matches, per gross, $1.65; macaroni, 8V4<h?c pound: sardine*, mustard, $3.25 case. SUGAR—Standard granulated, 6»4c; New fork refined. 4V; plantation. 6c. COFFEE—Roasted Artmckles $16; balk In tags and barrels 12c; green 11012c. Shredded biscuit $$ esse; No. 2 rolled oats 13 25 case; sack grits, 96 pound ,bags, $1.86: era. full weight, $2 case; light weight cn*e; pep;>er, 18c lb.; baking powtler $5 case; red salmon, $5 case; pink salmon, $4.25 case; cocoa, 40c; chocolate. 33; snuff. 1-lb. *—* •*“ SCO * *■—* ilrui WHEAT— July.... 96% Hept.... 98 Dec.... 99Vi CORN- July.... 63% Hept.... 63V4 Dec..., 51Vi OATti- July.... 41 Hept.... 37% 97*4 95% 96% 96% 99% 97% 99% 96% 101% 99% lOOTi 99% 64% 63% 64 53% 54% 63% 54 53% 48% 38 Dec.. . VORK- July.. 16.42% 16 42% Rent.. 16.45 16.62% LARD- July... 9.02% Hept... 9.20 UlllS— July... 8.77% Hept... 8.92% 38% 38% 38% 9.02H ft LIVERPOOL GRAIN. HAY HIGH AND SCARCE. Hay In the Atlanta mnrket I* high and acnret*. The crop ha* been pretty well cleaned up In Ohio, lllluola and Indiana, nml that now reaching this mnrket cornea from Michigan and Wluconaln. This makes the price high on account of the grenter freight rate and the fact that these fni away *tntes have strong bidders In East- rn markets. Tbe new hay crop is very Inter than last season. WEATHER REPORT. WEATHER CONDITIONS. The weather has become unsettled over nearly the entire country and cloudiness Is reported nt nearly all statlona. Bains have been general In the loat 24 hours In Mis souri, the Ohio and upper Mississippi val leys, North Carolina, portions nt Tennes see and the middle Atlantic states. Thun der storms occurred at Nashville. Knox ville. Asheville, Norfolk and Cincinnati. Tho pressure Is highest In the uppe ; lake region and tbe southeast, while the center of lowest barometer Is In southwest Katfsas. The temperature changes have been small ns a rule, but »the general tend ency has been to wanner over the eastern half of the map. The conditions are favorable for showers tonight and probably Sunday la this sec tion, with no decided change In tempera- COTTON REGION BULLETIN. meridian time, June 8, II &. al STATXON8 ATLANTA DISTRICT. •Atlanta, cloudy. . . •Chattanooga, rain. Columbus, cloudy. . Gainesville, cloudy. Greenville, rain. . , Griffin, clear. ... •Macon, cloudy. . , Montlcello, clear. . Newnnn. clear. ... Borne, cloudy. . . Spartanburg, cloudy. Tallapoosa, cloudy. . Toccoh, cloudy. ... We*t Point, cloudy. w 0£ >w •Minimum temperature for the 12-hour W rlod ending 8 a. m. tbla date. ** oour ** Max. 4 Min. 4 L46 120 CENTRAL 8TATION. lara, 48c; roast beef, $2.60 case; corned l^eef. [2.6U case; catsup, $1.90 caae; sirup. New or enns. 85c gallon; corn 30c gallon; Cnb« potash. l3.25g3.S0 case; peanuts. 8c; rope, ( ply cotton. 18c; soap, $15004 com PROVISIONS. PROVISIONS—Supreme hams. 15c; bellies, 20025 pound* overage, 9.82%: fat backs. $1)74; Supreme lard. 10%; Purity com pound. California ham*. 10c; U»y milt FLOUR AND GRAIN. FLOUR—Highest patent, $5.65; be*t pat cut. $8.40; standard patent, $4.75; half pat- nt. $4.50. spring wheat patent $6. CORN—No. 2 white. 79c; choice white. Sic; white feed. 78c; No. 2 yellow, 78c; mixed. 76c: cracked corn, par bushel. .6c; hull* 111. ClUCKFN FEED-Flfty pound racks 10c; Purina chick feed, $2.00; Victor feed, $1.35; brand feed. 8130. .... _ , OATH-No. 2 white 60c; No. 2 mixed, 69c; Golden oats. 59c; white clipped, 61c. MEAL—Plain, per 96-pound racks. 74c; 43 pound racks, 76c; plain, 20-pouud racks, 77c; germ fl-9 HAY—Timothy, choice large bate*. $1.50; do., choice lunatl bale*. $1.46; No. l, one- third bale*. $1.40; No. 2. one-third ImiIc*. $1.25; choice prairie. $1.00; Bermuda. $1.|0. MlOUTS -« hotce white $1.50, Texas whits $1.35. f«n« y $1.40. bruwu (SO ta 1W pouudsi I1.4U. Bran $1.35. MODERN MILLER CROP OUTLOOK fit. Louts. Juno 8.—Reports from milling correspondents covering tbe principal win ter wnent producing territory Indicate a general Improvement In the crop’s con*'** since May I In Ohio, Indiana, Illinois. *.u neasee and Kentucky. Little or no changa In Michigan and Missouri, and deteriora tion In Kansas and Nebraska. Greatest low ering of condition was In Kansas, but ltn braaka crop prospect* ars now good. Lit tle frost damage noted in Knnsn* In the greater port of Texas not over 6 per cent of the crop seeded will be secured. In north ern Oklnhoma. 50 to 60 per cent will bo harvested, but little elsewhere. Tbe win ter wheat harvest will be ten days to two week# late. COTTON 8EED OIL. Following Is given the opening and closing of the Now Y’ork cotton seed oil market: Opening. Closlm June. ••••••••• &T 069 July September Octolier November. December 43’,‘ closed steady. Following were the cotton seed oil sales for the opening and last call today: One hundred June at 68%: 1W October at 46%; 100 July at 59; 100 Heptember at 59; 300 October at 55; 600 November at 46%; 100 I)ecemlM»r at 43%. Total sales for the day 1,530. Market closed steady. Atlanta. . . . Augusta. . . Charleston. . Galveston. . Little Rock. . Memphis. . . Mobile. . . . Montgomery. New Orleans. Oklahoma. . Harnnnnh. . Vicksburg. . Wllmlngr —W" i JlL T. Inulcatss DISTRICT AVERAQE8. ip SsS raiiiEiii. •For ours tudlug l a. m., but some profits ^Town a Toplcs: The stock market today promise to open strong, and the advance seems likely to run somewhat fnrther. While we believe that the market trend 1* upward, we would only buy stocks at thla level for a quick turn, and In the event of some further Improvement would suggest taking profits. The outlook for the bank statement Is rather unfavorable, but a decrease In re serves. unless of large proportions, will not attract much attention owlug to the cheap rate r prevailing for both call and time money. On any decline we would ad vise tbh purchase of Union Pacific and Southern Pacific, the Ilill stocks, fit. Paul, Atchison and Louisville and Nashville, while we believe that Amalgamated and United Btate# Steel issues, especially the common, will self considerably higher. We would take profits In cotton on any bulge of 10 points or so from this level, and notwithstanding the decidedly bullish private crop advices In regard to wheat would only advise Its purchase on sharp breaks of 2 to 3 ecuts and for moderate profits. THE COFFEE MARKET. New York, June 8.—Following are coffee cables: Havre, 10 a. m.—Market steady; 12 noon, unchanged; sales, 8,000. Hamburg, 10 a. m.—Market unchanged to oiniui market firm. Santos receipts, 39,000; stocks, 2,379,000; market barely steady. Hao Paulo receipts, 40,300. dhu i iuiu irvciun, iv.nw. Jundlnby receipts, 39,000. folio’ ■ The .... .... range and close market today; STOCKS LEFT OFF BEST PBItl There Was a Much More Cheerful Tone to the Dealings. SENTIMENT BULLISH Bank Statement Decidedly Unfavorable, But Was Without Effect. The altered mood of the speculative com. inuulty waa reflected again this morning in the cheerful construction placet! npun the Washington news and In the failure to take any recognition of au unfavorable hank statement. The coal stocks shared with the Pacific In . leadership of the advance Erie aud Ontario aud Western showing along with the more active Bending *hnr*- 8 an unwonted degree of strength. The n d’ vtnee went on In the last half hour nml the best prices were reached Just before the close. New York, June 8.—The stock market opened quiet but with the trend generally upward. The Initial prices showed gains Southern Pacific %. Union Pacific %, Atch- Ison and Great Northern preferred % Brooklyn Rapid Transit and Amalgamated Copper %, Reading, Great Northern Ore Erie and fit. PauF %, and Anacouda and Rock Island %. MONEY AND EXCHANGE. New Y'ork, June 8.—Money on call, none. Time loans unchanged. Posted rates: Sterling exchange $4.84% 4.S075 for 60-day hills. London bar sliver 31d. Mexican dollars 51%c. MINING 8TOCK8. 5.40 6.40-5.45 .. ..5.45-5.50 •**••**, .5.45-6*55 '.*-.."..£403.45 5.25-6.40 5.35-5.40 5.35-5.40 5.36-5.40 . , .. ..5.35-5.40 Closed steady.' Sales 3,280 bags. March .. . April .. .. May June .. .. July August .. . Heptember , October .. November . December 5.40-5.45 5.40- 5.45 5.46-5.50 6.50-6.65 5.55-5.60 5.55 5.40- 5.45. 5.35 5.40 5.305.40 5.355.40 6.35-5.40 5.40- 5.45 J. J. BARNES-FAIN CO.’S FRUIT AND PRODUCE LETTER. Atlanta, June 8.—The present week has been moderately active lu all lines of prod uce buslueas. Pineapples have lieen In liberal supply nt prices ranging from $2.7503.25. The stock sa been sound and good. One car of California oranges received thl* week; price* ruling firm at $4.50. The first watermelons came in Tuesday, the same selling at $3.5004 barrel. Cantaloupes more plentiful, but quality Is poor. Bananas continue high and the demand is >od, prlcea ruling as quoted. Lemons have decllued 60c per box, now selling at $4.5004.76. ^ Florida honey peaches scarce, with de mand good; selling at $304 per crate. The market*broke tbla week on beana. the decline being from $2.25 to $1.25 and $1.50. on account of the heavy stocks and local growers beglnn* Flood tomatoes ►etniMgreen* arid "unsnfenbie. Yellow squashes K lcntlful, selling at $101.25. Cucumliers ave been In moderate supply, the prices ruling ith quoted. New potntoes are not so plentiful, and prices nro strong at quoted. Old potatoes, cabbage, etc., remain changed and demand poor. Eggs have remained stationary during the present week nt 17c and 17%c; moderately active. Live poultry has been more plentiful, with price* ruling firm on hens nt 40045c, according to else. Fries 42%045e, and de mand gt»od for nil stock. We look for a considerable falling off f receipts on beans during the coming reek, ns the local grower* are beginning to supply the trade liberally. With a continuation of warm weather. „e look for watermelons to come lu In rnr lot*, with prospects of good demand. The offerings of nil other commodities will be In ns liberal anpply during the com lug week na they *ere thl*. WORLD’S VISIBLE SUPPLY STATEMENT Remarks Hlghpr trmiwrntiir«i ,re rcnorteU from l '** r pructlrolly the entire dlnirlrt. LI,lit ilu, bey* fallen In the we.tern part of Section Director. WEATHER IN COTTON BELT. Texua—Brenham clear. Auatln partly cloudy. Were clear aud hot. San Antonio, Taylor and Batina partly cloudy and warm. Ilouatau clear and hot. Temple cloudy and hot. Mlsstsstppl-Natches cloudy and hot. Me- rid Ian clear and fine. Lexington. Koaclus- ko, Tupelo. Greenwood, Hazlehurst, Amory and Jark*on cloudy and warm, l’agoo city clear. * Louisiana—Lake Charles partly ctoudv Monroe and Shreveport partly clotidr ami warm. Alexandria and Opelousas cloudy and hot. Alabama—Florence partly cloudy and hot. Huntsville cloudy, warm and threatening. Houth Carolina—Gt%envllle rain and cool. Ipnrtanburg min and pleasant. Columbia •loudy and warm. Tennessee—Memphis cloudy aud warm. WEATHER FORECAST. Louisiana and West Texas, South—Gen erally fair. Arkansas—Increasing cloudiness. and East Texns. North, and Oklabo Secretary Hester’s statement of the world's visible supply of cotton for the week ending Friday, June 7. shows n de crease for the week Just closed of 107,820, against a decrease of 127.311 Inst year and a decrease of 87,183 year before last. The total visible la 4.073.275, ngalnst 4.181,- 096 last week, 3.621,010 Inst year and 3.817,- 686 year before Inst. Of this the total of American cotton I* 2.677,275, against 2.812,095 Inst week. 2.153.010 Inst year ami 2.439.638 year before last, nml of all other klmls, including Egypt. Brazil, India, etc,, 1,390.000 against 1,369.000 last week, 1,463000 Inst year and 1,378,000 year before Inst. The total world's visible supply of cot ton, as above, shows a decrease compared with last week of 107,820, nn increase com pared with last year of 452,815, and nn In crease compared with year l>cfore last of 266.589. Of tbe world's visible supply of cotton, as above, there Is now afloat and held In Great Britain nml continental Europe 2.521.- 000. against 1.822,000 Inst year and 1,960,000 S ear before last; In Egypt 106,000, against 1.000 Inst year nml 169,000 year !>ernrc last; In India 753,000. against 984.000 Inst year and 957,000 year before last: and In the United States 693.000. ngslnst 732,000 last year and 741,000 year before last. Indian Territory—Increasing cloudiness and unsettled weather; probably showers. East Texns, South—Partly cloudy. West Texas. North—Increasing cloudiness; probable showers. Boston. June 8.—Opening stocks: Butts ferred tnnge 78%, California- ArTxona 69%, Daly West 16, Mneltlng pre- NEW YORK BANK STATEMENT. fune I York the following changes: Loans $1,141,445,400, Increase $1,514.3«Y». Deposits $1,119,141,500, decrease $9,063,100. Circulation $50,585,900, decrease $53,000. Legal tenders $72,922,200, decrease $711,400. Specie $213,674,200. decrease $8,353,800. Reserves $285,765,900, decrease $9,065,200. Reserve required $279,875,375, decrease $2,- 263,275. WEKKLY STATEMENT OF ATLANTA CLEARING HOU8E (Darwin G. Jones, Manager.) Clearings Saturday, June 8 $ 664.310.27 Shme day last year...,. 625,S5S.24 Increase 38.452.01 Clearing# for week 4.427.796.4j Shine week last year 3,993,288.94 Increase 434,527.41 LONDON 8T0CK MARKET. Amalgamated Conner .. •• Baltimore and Onto Chesapeake and Ohio .. .. Canadian Pacific .. .. Erie do, preferred Illinois Central Louisville and Nashville .. Norfolk and Western ,, ,, New York Central Ontario and Western Pennsylvania Philadelphia and Ileudiug .. Southern Pacific .. .. .. Southern Hallway Ht. Paul Union Pacific United states Steel ,, ,, ,, do, preferred Wabash do, preferred ft 56% m f «% 94%, 94% 35% 35% 168% i 127 22- 22% 56%f m 111%; 35% J20% 104%; 104 135 |i3p% 33% 33% I a'i SPINNERS’ TAKINGS AMERICAN COTTON’ by the spli world n* follows, in round numbers: This week 192,000 this year, against 1.4,000 Inst year, 210,000 year before lost. Total since September 1 this year lUHc 000, ngalnst 10,069,000 last year, and 10,392,000 the year before; . _ . Of this Northern spinners and On turns took 2.435.000 bales thla year, against 2.249.- 000 Inst year, and 2,123,000 the year hvfore. Southern spinners 2,161.000, ngalnst 2.032,0)0 last year, and 1,872,000 tbe year before: and foreign spinners 6,687,000 against 6.7Hfi,0*DO last year and 6,397,000 the year before. NAVAL STORES. Special to The Georlgan. 41 - Savannah, Ga., Juue 8.—Turpentipe flro CHICAGO CAR LOTS. me receipt* ui Kmiu iu cor iu>- — nnd estimated receipts for tomorrow nr*: a# follOWS: .r^nr. Wheat Corn Oat* Hogs, head.. L. H. Fairchild. Established 1885. S. J. White. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Member*: Sew Orlune Cotton Eirhing,, Now York Coffee Kirb.nfe. New York Cotton Excbnnf,, N.w Orlrana Hoard of Trade. Vew Ortean, Stock Etchanff*. rbl'-ngo Board of Trad*. LIVERPOOL COTTON ASSOCIATION. Prlrat, Wire, to NEW YORK and CUICAUO. Order* *ollclted for fntnro d.llr- > j on a bora Exchangee. U. C. COTHRAN. HAYWARD, VICK & CLARK, COTTON, STOCKS, B0N08, COFFEE, GRAIN AND PROVISIONS. C*rond*l*t and Gravler Sts. New Orlaana. MEMBERS: ' 'em Orleans Pntnra Broker*" Aaiielatlaa. >tr Orlaana and Ohlc.ro Board* of Trod*. . ew York Coffa* Exrbaui A.MCtat, Stem! ..’aw York Cotton Kxchang*. U.lr.atoa Corton Exrhango. Uoo.ton Cutt.n Exchange. ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER. President. H. T. INMAN, Vice-President GEO. R. DONOVAN, Cashier. JAMES S. FLOYD, Asilstant Caxhler. Capital $500,000.00 Surplus and Undivided Profits ~ " We Solicit Your Patronage. New York and Chicago Correspondents. 4.B. BACHE & CO.. AND BARTLETT, FRAZIER & CARRINGTBN. £R1VAT£ V¥!M3Jfi ALLPOINT& ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Beil Phont, Main 858. ATLANTA. GEORGIA.