Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.
TUESDAY. JUNE U, MOT.
WEEKLY REPORT NOT
GOOD AS EIPECTED
Weather Cold in North Car-
fcolitWU—Texas Complains
of. Drought.
NEWS AND GOSSIP
of the Fleecy Staple.
Special to The Georgian.
; iFrcnn I Jay ward, Vick & Clark.)
** * * S. Dacha 4
New York, June IS.—J. 8. Dacha 4 Co.:
Liverpool was due 11/2 lower. Opened quiet
unchanged on. near and 1 lower on lata
|M>sltion». At 12:15 p ,m.. quiet 2% higher on
iiear and 2&2% higher on late. Spots quiet
FUTURES WERE DULL
Prices Rallied Slightly on
Condition Report by a
Noted Statistician.
New Turk. Jnna 11—The cotton market
opened firmer and after the call became
more active. Wall afreet apparently wnt
•ailing July to liquidate old accounts, but
‘ inght a Iltf-
•t. dry wea
atea. which Induced
> support.
The map allowed
>ut the Southern
little commission
American 5,5*j; speculation and export 560;
Import)* 15,000. Including 14.000 American.
port receipt* estimated at 2800, against
4,897 Inst week and 7.540 last year.
Liverpool shows Improvement. Fair
eather In the belt over night. Kaln need*
ed In parts of Texas, where there has not
l*eeu Hny for a long period. Wa l»ellere
prlcea will recover this morning. Market In
a strong position to respoud to any bullish
developments.
Disappointing opening compured to Liv
erpool. due to heavy selling of October.
December and January by Hlordnn. Weld
iKHight some October. Not much outside
business.
Cottou market look* better. Mitchell and
Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twanty-fir*
years* experience of ed-
Itlng markets In Atlanta
and the South has made
him s recognized so
tbority Id bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
bet ter.
Very narrow market. Little outside hue!
ness. Looks like might ease off tome.
Market selling off on anticipation
bearish report of Mlaa Giles.
Cotton very weak for uo particular ___
son except expectations of bearish Giles
-?port.
Gllei
At tbs close In Liverpool prices were 1%
olnts, lower is compared with Monday's
finals.
Spot prices were quiet and unchanged.
Sales 6.000 bales at 7.08 for middling.
■ /few ”■ *■ " *
The New York market for fntures, after
opening 6 to 8 points, and further increasing
tn# gain J points on October, December and
to dullness, but reeorei _ .
A condition report by a prominent atatla*
tidan waa Issued at noon, placing tbs condl
• i 1® at 68.7,
tion of the crop on June i
1 bat steady at noon.
The weather bureau In Its weekly amn<
miry of weather conditions during the week
temperature was below normal, ex*
Arkansas, Texas, western Louis-
! Texas. The greatest deficiency was 6 de-
; frees to 7 degrees over North Carolina.
. Bain fell during the week In all portions
' of th® cotton region, except In some parts
; of Texaa and Oklahoma. The weekly rain
fall exceeded l ‘ * — H
nberton, N.’C.
On some buying of a good character, the
• market closed steady at net advancee of
6C11 points.
Comparative receipts at all U. 8. porta:
Total’SX&fe&idr'three days-
- Same days last year .
»tlma last year .
. 8,701
.9.719,215
7,696.081
be credited.
Following are 11 a. tn. bids: July 11.68'.
September 11.25; October 11.42; January 11.53.
New Orleans. June 18.—Hayward, Vick A
Clark: This market liquidated. Iletter
tone. Feople are not waiting for the nctual
occurrence, but are already buying In antic
ipation of continued dry weather. *“
other ten days of absence of ruin and a
boom on drought Is pretty certain.
Forecast of showers and colder for north
ern and western portions of belt causes
easiness
Gainesville. Tex., wires: “Intensely hot
and much complaint of boll weevil."
Market weakened on the government fore
cast for showers for the western and north
ern belt. Would buy It on down grade.
The market shows remarks!/# corfdeoce,
recovering from every depressi'-»•
* ' ed ‘
July bureau expected checks buylivr. but
really think you will not have ff, wait
long for another advance and a scarce will
NAME OF STOCK.
Y.. Ont. & W.
National Lead. . .
Northern Pacific. .
New York Ceutral.
Norfolk & Western.
Pennsylvania. . . . ,
uo. prnrrrru • .
American Cotton Oil. .
Am. Car Foundry . . .
Baltimore A Ohio . . ,
Drooklyn Rapid Tran..
Canadian Pacific . . i
Chicago and Nortbw’n.
Chesapeake A Ohio . .
Colorado Fuel A Iron.
Central Leather ....
do. preferred ....
Chicago A Gres*. W. .
Cblqago. M., A 8t. P..
People’s Gas. . . .
Pressed Steel Car.
_ do. preferred. .
Pacific Mall
Bead ID]
Beading
Republic Steel
Rock Island.
__ do. preferred. . . . ,
United States Rubber. ,
do. preferred
Southern Pacific
Southern Railway.... ,
do. preferred. • • . .
i A Hudson.
Data
Distiller’s Securities.
Erie
61oss-8beff|«ld. . .
Tenn. Coal A Iron.
Texas A Pacific. . .
Union Pacific.
General Electric . . .
Illinois Ceutral . . . .
Am. Ice Serin .flea . .
Louisville A Nashville.
United States Steel. .
.. do. preferred. . .
\a.-Car.Chemical. . .
do. proferred. • .
Westeni Union. . . .
Wabash.
do, preferred
-m
"E(4
liW
I
■sir
NEW YORK.
turrs In New
Weekly weather report, while, on me
whole, favorable. Is not ns good as expect
ed, and bad for North Carolina, where cold
GOVERN WEEKLY
REPORT ON WEATHER
Alabama—In east-rentrnl and nearly all
southwestern counties the rainfall was
heavy and In localities was accompanied by
hall and heavy wind. Elsewhere the rain
fall waa below normal. There was n normal
amount of sunshine In practically all coun
ties. On the 10th the temperature waa
Increase 2,123,184
Estimated receipts Tuesday:
1907.
„ 1906
New Orleans 2.000'to 2.600 1.882
Galveston 1,500 to 2,000 2.278
Houston 600 to 600
Movement at Atlanta:
Receipts Tuesday, Juns 18 ..None
Same day last year,
Shipments Tuesday, Juno 18
Same day last year ......
Decrease v
Stork on hand Tuesday, Jnna 18 4,670
Same day laat year..
SPOT COTTON MARKET.
Liverpool, steady; middling uplands 7.08.
Atlanta, quiet; middling fi%.
New Y’ork, steady; middling 12.96.
New Orleans, quiet: middling 12%.
Augusta, steady: middling 13%.
Savannah, steady; middling 121316.
Memphis, steady; middling 12%.
Baltimore, nominal; middling 13%.
Galveston, steady; middling 12TA-
Charloeton, nominal.
Wilmington, nominal,
Norfolk, ateady; middling 12%.
8t Louis, steady; middling 12%.
Boston, quiet; middling 12.96.
Baltimore, nominal: middling 13%.
Mobile, steady: middling 12%.
slphla.-steady: middling 1110.
in, quiet; middling 12%.
weekly mean waa slightly below uonnal.
Arkansan—'The weather was favornblo.
The rainfall was generally deficient except
few eastern and southern counties,
fell in the northwestern counties. The tern
perature waa generally above normal. The
snnshlno was above normal.
South Carolina—The sunshine, tempera
ture and precipitation were below the
temperature wns nearly normal on the
coast and 4 degrees below the normal in the
some rain and many localities had excessive
amounts* Damaging hull occurred
13th.
Tennessee— 1 Tho mean temperature wns
slightly below normal with warm days and
cool nights. Scattered showers occurred
during the first five days, but they wero
generally light and fell mostly In the east
ern portion. There was a normal percent
age of sunshine, and conditions were geu
orally favorable. Ralu Is needed lu some
western counties.
Texas—The teinpernturo was above nor
mal. Moderate to heavy showers occurred
In a few northeastern and north-central
counties and in the lower Trinity river val
ley. Scattered shower* occurred elsewhere,
large number of counties throughout
the state received no rains. The sunshine
was nlKjve normal and conditions were gen
erally favorable to agricultural Interests. ~
rept that ralu Is neded In northwestern
counties.
Mississippi—The first five days were
partly cloudy with scattered showers, the
quiet; middling 12%.
TODAY’S FORT RECEIPT8.
The fotlewlBt tab), show, receipt. at tha
ortj today, compered with tha atm. da/
,t year:
}Eft
/ Haw Orleans. , , ,
blladelpbla* . . ,
I Various. . . • • ,
[ Pacific coast. • • <
7116
2118
*1?
1663
INTERIOR RECEIPT8.
' asms day.last year:
HAYWARD, VICK A. CLARK’S
DAILY COTTON LETTER.
Warm, clear, growing weather Indications
holds Uttla encouragement for the bull In
terests.
Later a sharp break occurred on predie.
tlons of a bearish report from MU* Giles,
due at noon. Heavy selling of July and
October forced prices down 15 to 18 point*,
below the early level. When, however, if
was found that the report figures were 68.7,
and very bullish at that, the market rallied
quickly to the old high point of the Uar.
Many were inclined to believe that the
early break waa engineered to get cheap
cotton. Itefore the Issuance of the report.
Market price* continued feverish ami the
trading confused.
rainfall being generally light In the south
eastern portion and moderate to heavy else
where. The last two days were clear. Tho
temperature was quite uulform and nearly
uormal. There waa much sunshluu.
North Carolina—Deficiency of sunshine,
very unfavorable week. Tho temperature
averaged nearly 5 degrees below normal.
The precipitation wns above normnl, but
evenly distributed. The damage by hall and
by washing was considerable. •
Oklahoma and Indian Territory—Moder
ately warm and generally clear weather
prevailed, the mean temperature being
slightly above normal. Tho sunshine aver
aged nearly 80 per cent of the possible
ght scattered showers occurred
1
i
5
J
•i
I
u
June
July
Aug
Kept
Oct
Nov
Dec
Jnn
March. . ..
1L6C
11.39
11.28
11.42
ii‘42
11.63
11.62
1L67
11.45
11.35
11.56
iiiw
11.67
11.74
ii.45
11.27
11.17
11.-s
1L30
11.41
11.49'
ii’ei
11.40
11 1 *
ii. j;
L48
1.60
11.66
11.5t-60
11.61 65
11.3941
11.29-31
11.46-47
11.44-46
1L47-48
11.69-0|
11.65-66
1.69-61
11.55 66
11.31-32
11.21-22
11.87-38
11.35-37
11.37-38
11.48-49
11.66-67
LIVERPOOL.
Following figure glre the opening range.
. n. m. anil clow compared with /eater-la/.
Futures openeu quiet and ateady.
Onunlmr
Opening 'Prerlout
June......... ft* fife «.??& S'-IO*'
Jnne-July 6.59% 6.58% 6 67’
SSEfe fiBHS* «?■ «*
Sept.-Oct... 6.36 -6.40
Oct.-Nor.... 6.27 -6.31
Nov.-Dee.... 6.23 -6.26^
Dec.-Jan 6.20*4-6.23',4
Jan.-Feb.... 6.18 -6.23
Feb.-Mar.... 6.18 -6.23
quiet.
NEW ORLEANS.
M& la 0 '}^ n Srl , M 'n h .*,^r "> C0 ‘' 0 »
c
a
t
b
CM
fo- b
s
ill
li
3
II
i
a
«
a
June
July.. . . .
Aug
Fept., . . .
Oct
Nov
Dec
Jan. ....
March. . ..
12.60 12.60
i2.M2.2i
1L7311.85
11.6611.66
11.6511.78
11.6711.79
11.7611.76
a ao
i
U.Q
1L«
U.M
11.59
11.76
*12*60
iKM
ii.'i
1L6C
11.77
11*70
11.76
1256 12l5 w
1270-75 12.76-75 |,
1260 12.32 H
1227-2812.12 i
11.84-85111.67-68 0
1L75-78 11.58 01 f*
11.76-77 11.69-60 g<
11.7M011.61-63 *
11.89 11.72-74 is
Closed ateady.
w
NOTES ON GRAIN.
Pointers on Provisions.
The Chicago Record-IIerald: The mer-
collar.
that the Mg lino of oiria “taken in by Pot-
ten on May dellvory would be merchandised
by him as he had announced. Instead of
tula, however, tho speculative trade during
tha latter part of May carried July deliv
ery so far ahead of the Eastern cash mar
ket that the Patten line was unloaded on
the Western speculator. Meanwhile Eastern
bins have been swept pretty clean, and dis
tributors, wholesale aud retail, aro buylug
from hand to mouth. They are now count
ing that the Chicago cash oats will go to
them after July 1, as the position has been
rerorsed. in other words, speculntlou has
iow carried July delivery prices below the
rices current for cash out*. The East has
Ittle interest In September delivery. The
WHEAT IT OPENING
WAS FIRM AND HIGHER
Commission Houses Were
Good Buyers With Real
izing Scattering.
Iy from territory east
ern buyer also predicta that Ohio and lu
dlana's ogt crop this year will be far and
away abend of that of last year.
J. A. Patten waa a big buyer of wheat In
all of the markets yesterday. The bull
tlngent here and elsewhere was trying to
head him off by anticipating his purchases.
but he nevertheless secured the bulk of tho
cheap early offerings, hhldtug up sharply
for smaller lots later. Millers at Minneap
olis are holding tight to the old wheat.
which accouuta for the relative firmness
of the July delivery there.
A leading Southwestern crop expert wired
Clement-CurtIs: “Central Kansas temper
atures nearly 100. Will cause further loss In
wheat If It continues. General reports Indi
cated Improvement tbla Week. Some estl-
Chicago, June 18.—Wheat wns the big at
traction and It sold freely Into the hands
of the strong people Interested. There was
crop news from scattered sections of the
wus oil of one trend^
bullish. U beat closed %c higher, corn waa
'»P %©%c. oata gained %01%c and provi
sions were 2%01Oc better,
w here the Harvesting of wheat Is under
are quite unsatisfactory, and that their
orders for twine hnve been greatly reduced
or canceled altogether. There wort reports
WEATHER REPORT.
WEATHER CONDITIONS.
An area of high pressure la moving In
from the northwest and la causing rain
along its eastern and southern borders.
The temperature changes ..
hour* are small except In New Eugland.
where rises of 10 to 18 degrees have oc-
weather In this section tonight and tomor
row, with no material chnuge In tempera-
COTTON REGION BULLETIN.
meridian time, June 18, :
fields and more or less damage
quence.
The London Statist, In a special article,
figures the wheat crop as 280,000,001 bush
els short of last year. Tho bulgo In onta
was a feature of the day’s business, but
||>« tra<Ie not aa large as
...... Others
low as 60,000,000 bushels. One Impor
tant line elevator coumnny In south central
Kansas saya one-half to one-quarter of last
7ear's crop. From Hutchinson west looks
:o me ns If 60,000,000 bushels Is maximum
to were charters of vessel room for
200,000 bushels of corn yesterday, the bulk
of It by lino boats. Tin* rate wns firmly
established at uu advance of %e, or nt Jo'
per bushel for corn to Buffalo. The supply
of boats wns Inadequate.
'Not a grain man in K
wheat during 1
.V
City made
dollar on' wheat during the 27c advance."
said W. 8. Crosby. “Bearish sentiment
there was running so strong that everybody
ug
Ignored the bullish conditions that were
rTgb
tn the southern counties ou the 11th and
uji tha latter pnrt of the
Florida—Tha week was warmer than usual
except In tha western portion aud during
tha laat two days hi the northern ana
southern portions. The auushtue waa ample
and tha precipitation generally deficient, al
though anowera and some henry rains oc
curred from the 11th to the 14th.
Georgia—The first half of the week wns
unseasonably warm, the second half being
cooler. Tha mean temperature was below
normnl. Rain fell on the 11th and 13th, und
was heavy la some districts, with hall ami
high winds. The rainfall wns gencrnllv
below normal, and less than otio Inch. The
sunshine wss normnl.
Louisiana—The temperature wns above
normal in tho western portion and nearly
normal In the eustern. Scattered showers
ght under their noses. 1 have not changed
~iy views of the Knusns wheat crop. It
will bo very short.”
"There has been n brisk trade In flour this
week." said President II. A. Eckbnrt, of
the Ecklmrt A Swan Milling Company
low generally. The trade la showing
a much greater desire to buy flour than It
has for some time, nnd I nave no doubt
that If the wheat market holds we will
have n big trade during the next week
ten days. We are also getting * “ "
, little closer
visions were dull.
CHICAGO GRAIN MARKET.
Chicago grain and provision quotations
for today are aa follows, compared with
y«terday*s dose:
~ Previous
WHEAT 0P6D ‘ 11 g * L0W< Cl0## ’ C,0#e ’
July
8cpt.
Jutv
Hcpt....
Dec
Mill aud Elevator Company wires:
Think crop In Oklahoma about 26 per cent
of what It waa last year. Garfield count;
eally heavy ,■••• uu iu« i*m. mu mm
16th. Tho weather waa generally partly
cloudy, with more than the average sun-
shine. It was a very favorablo week.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS—Active. 17Gl7%o.
LIVE POULTRY—Hens active, 40«42%c
icb; ducks, Pekin, 30c each; puddle, 25c
each; turkeys, dull, Wo per pound.
DKE88ED POULTRY-Turkeya, undrawn,
active, 16&16c pound; fries, active, 26(f30e
pound; hens, 14c pound; ducks, undrawu,
fancy, 15c pound.
PRODUCE—Lard. 12c pound; hams ac
tive 16c pound: ahouldera active 10011#
round: aides active, lie pound; butter dull;
!IO(jl2%c pound; beeswax active, 26c pound-
Honey, bright, active, 10c ponml; honey In
11
will have half n crop, but Woods, Wood-
ward nnd Grant counties will hare almost
a full cron. A. T. Haines, of Kingfisher,
wire# us that harvest there will commence
Monday nnd finish Tuesday, as we will not
hnve over 1 per cent of u crop. *
kraut, half barrel. $3.75; bean*, round
green. 60c crate; asparagus, 154x16c per
2-pound bunches; cucumbers, |1.J5\1.75 per
crate; egg plant, 82.004ii2.50.
GROCERIES.
I’OHK-
July.. 15.DO
Sept.. 10.00
LARD-
July... 8.72%
Kept... 8.90
KIDS—
July... 8.60
8.72%
91%
94%
95%
92%
93
90%
90%
s
91%
94%
96%
91
93%
96%
62%
62%
61
53
53%
51%
61
62%
53
61%
52%
62%
60%
43%
.’«%
37%
45%
43%
36%
37%
44%
36%
37%
43%
36
\m
8.72% S.75 8.67%
CHICAGO CAR LOTS.
The receipts of grain in car lota today
aud estimated receipts for tomorrow are as
follows:
Today. Tomor.
Wheat.. ..
Corn
Oats
Hogs, head.
THE SUGAR MARKET.
?ancy full cream. 16 cents;
Georgia cone syrup, 36 cents gallon; salt,
100 pouud, 60e; sale grease 11.75; soda crack-
'andy, pet
il. 6%r: t«
nd. 82.25- t
a tcli* 1
AH—Standard granulate*!. 6%c; New
York refined. 4%e; plantation, 5c.
COFFEE-Roasted Arbuckles 816; bulk In
New York, June IS.—Local refined nnd
H.igar markets ateady and unchanged. U.„-
don beets steady aud unchanged; June and
THE LIVE STOCK MARKET.
bU
«.,a; nntinnas per mmen, culls, active, 8100*
straights 8% cents per ponml; pineapple*
Florida stock. 82.7343.25; oranges. Califor
nia stock, owlug to size aud condition
CONDITION OF COTTON
ESTIMATED BY MISS GILE8.
New York. June 18-Miss Giles at
todajr lamed • a report on the a cotton __
2F and 84.3 ou June 15. 1906
port salu, taking the agricultural bureau’s
reused acreage of laat year aa a comparison
on arrival, per box, $4.60.
ey peaches. $2.7503.50 per
fruit, Florida storit, owing to site and
color, per box, $5.00; limes, Florida *t«»ck.
per 100, $1.25: peauuts. In sacks averaging
100 pounds etch, owlug to grade, pound
«%«7%c; dried apples, 7(jS%c; dried
peaches, ll%c; prunes. 64*7%c; cantaloupe.
$3.00 crate. Ktraw-lterrles, JOc. Watermelon!
35c each. Rhubarb, 80c bunch.
VEGETABLES—Yellow squash. $1.00; cab-
bage, erst*. 2 cents per itound: toma
toes active. $1.7503.00; potatoes, new. $».f4)
06.00 per barrel; onions, Louisiana. U per
bushel; Egyptian 4%e ner ponml; old
Irish potatoes active $1.1601.20 bushel; cel-
ery, fancy, $2.6003.26 crate; peppers, slow.
$1.25 crate; okra, six baskets, smnll. $.1.00
crate; lettuce, headed, active. $2OO02.Ou per
HAYWARD, VBCK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
Carondelet and Grsvier Sts* New Orleans.
MEMBERS:
I g«* w Orleans Future Brokers’ Acaeclattwk
New Orleans and Chicago Boards of Trad*
too Cottoo Exebange.
New Tork and Chicago Correspoadenis.
'-nicago Correspoidenia.
At. BACH E A CO., AND BARTLETT, FRAZIER & CARRINGTON,
£BJVATE WIRI0. Jfi ALL ROINTfi*
Ktiredded biscuit $5 case; No. 3 rolled onta
$3.26 case; tack grits, 96 pound twigs. $1.«;
oysters, full weight. $2 case; light weight
$1.10 case; pepper, ISc lb.; linking powder $5
case; red salmon. $5 case; pink salmon. $4.25
esse; cocoa. 40c; chocolate, 33; snuff, Mb.
jars. 48c; roast beef. $2.60 case; corned beer.
$2.60 case: catsup, $1.90 esse; sirup. New Or
leans,. 33ci galbm; - ‘
potnsD. *o..iXy J so ensf
4 ply t-oltou. 18c; soap,
i esse; sirup. New Or-
u, 30c gallon; Cubs
PROVISIONS.
1'ROVISIONK—Kupreme hams, 18c; liellles.
20gr25 pounds average. 9.70; fnt baeka. 7.93;
Supreme l.-inl, 9%; Purity compound,
Callfornf- ^ ,A " •“ “
ornla bams. 10c; dry salt extra ribs,'
FLOUR AND GRAIN.
FLOUR—Hlghfat, P at ^ot. $3.©; best pat
ent. $6.40; atandn.d patent. $4.75; half pat
nt. $4.50; spring wheat patent $6.
CORN—No. 2 white, 78c; choice white
ditto feed, 78c: No. 2 yell. “
75c; crocked
Ullxe*l,
ic; .Huicke*! eorn. per bushel, 78c; hulls. $13
CHICKEN FEED—Fifty-pound suck*. 5*5^;
uni a chick feet!. $2.00; Victor feed, $1.36;
i : ,o oholc-'h-ar/ 36.1.,*
rattl*—IlMVlpf, 3.000. Market ,tenciVUi
•trim*: beerea 34.704(1; ce«'i 31.7364.75; helf.
er. tinpM0- calve, 3S.60fl7: ’prime
Bteer* 75SOtt7; poor to medium 3t.7rtH*.70:
etiM'kerR „n<I feeder, 337(5.25.
Hheep-llecelnt, 8,000,- Market hliher nnd
Arm; imllte 34U6.2S: we,tern 3l(f6.K; venr.
Mnioi 36*t7; lamb, 35.76®7.a; wettern 35.75'4
LIVERPOOL GRAIN.
•Atl.nt*, clear
tLhatunooga, eloud/
~Coluniby«, clear.
Oalneavlll,, clear.
tJreenrllle, clear.
tlrlfTln, clear. . ,
•Macon, clear. . .
Newnnn, clear.
oRwnan. near. . ,
Montlcello, clear.
Rome, cloudy. , ,
Spartanburg, clear.
Tallapoosa, cloudy.
Toccoa, dear
^«*nt Point, clear. .
iSf'SSSi" -
Iff
be 12-hour ps
••Reeelxed too late.
trlet averacea,
Sot Inrlnded lu dla-
TIP3 FLASHED
From Wall Street
Special to The Georclan.
(From Hayward, Vick 3c Clark.)
New York, June 18.—J. 8. Bacbe ec Co.
iteamer. The opania* jeaterday failed'to
hrluit any aelUn, from outalde aoarcea, and
traders who went short Saturday covered
up during the day.
Some crop damage stories from West pat
wheat op aud the grangers sagged a trifle.
Professional traaers have the market to
themselves. There !• very little ontalde
themselves,
business. We can not see
‘ ill and listless market for
lytblng :
the tim
orfng to make a hotter market for the tra?
tlous on account of the big traffic to the
*« shore.
Market to doll it barely opened. There I j
no feature, but there doea not aeein to be
many stocks for sale.
Shorts covered from the opening. Market
dnll, but undertone seems a little stronger
than yeaterday.
Town Topics: ‘There fa no reason to ex
the market
thing In the situation generally that wotil _
encourage the buying of stocks on the
strong spots. The St. Petersburg develop
ment Is likely to be a factor of increasing
inp
-'or gold no foreign buying movement
;• to be expected In our stocks, at least
until tbs mid-year settlements are out of
ie way.
The time bos come when copper producera
nnd consumers must get together to ar-
and lu view _
throughout the manufacturing worl
decline In the metal prices Is more than
likely.
There are also Indications of Important
av of
Uld si
of Improved monetary
hold aloof. Con-
ictiona from present levels. Atchison.
outbern Pacific and Baltimore and Ohio
%
tdlng, Pennsylvania, Smelters, Copper
other leaders should reflect tho efforts
On breaks of 15 points or so from this
vel cotton will do to buy.
We doubt If there la much further rally In
STOCKS OPENED
EKTOEMEIT mu
Market Is Practically i n
Hands of Professional
Element. ' i
TRADING VERY EIGHT
Changes at Opening Trivial
Reading Showed a
Point Gain.
thnt underlay tha ndvauce TStwKySSS
SKSffiS h. SSS4S rt te , .2K»L«.i!
were r.-cordwl In tlie ncth-n Hat durtni ,,,,
flrat hour, nnd for a brief while the trad
had aoino appearance of an Imitation? 1,'it
on 1 « , if a ,h‘r‘?r,',i, wh r l a c ,Vi**of‘ :r t'i 1 r j.rs
Sent upwart.*^5t1«f’tt, t Ufe went mit'af
the market at the higher level and during
the reet of the morning operations war. .7
n standstill. On the* markeM ahran* “
rather better tone appeared In certain anur.
tera. notably In the^curlUea. which
active on tb e Paris bourse. But other narta
ot the llat were atlll weak, tho liquidation
which has to long persisted In the securi*
tie, of the BrlUih^government' ca’rrln?
them down near % point further. The Am,*r-
lean department, on what waa apparently
support from New York, held compart,
lively steady. But foreign trading lu Jup
market was comparatively small.
* *" The. stock market
New York, June 18.- __
opened very dull with Irregular".,,^
changes, the majority of Issues, however
showing fractional Improvements. Pennsr!
vnnla and Great Northern preferred were
down %, while gains of %^ were records
by Northern PacTflc, Reading and Smelting
Atchison, Steel common and Steel Car nre.
ferred were up %. Union Pacific opened %e
higher. 74
MONEY AND EXCHANGE.
tlon of varioue stocks, most of the leaders
yesterday having maintenance of support,
with the usual resultant recovery, lnfor
de to *- *
spots, Smelting, St. Paul,
preferred. Northern Pacific,
» V ui U «rn Pacific* Union Pacific,
and United States SteeL
Anaconda, Atcblaon. and American, uuvu-
motive. Opportunities should lie afforded
from time to time In these stocks, and we
BOLL WEEVIL NUMEROUS;
8TANDS OF COTTON POOR,
New Orleans, Juno 18.—TIraes-Democrat:
** ‘ rday’a market reflected a pretty
sflned desire on the part of the New
York contingent for lower level of values.
malnder of the belt,
Oris ns
upon a
r u* mo.ucii. »uerefore,. the New
ring evidenced something bordering
aold-out condition. Boil weevil Ex-'
unter Was quoted thus: 'Speaking
pert Httnter
quoted thus: 'Hpenklng
„.rty times the number of boll weevil In
Texas that there waa at this date laat
They extend from 8an Antonio to
he Red river In Louisiana, and 70 miles
Into the territories. The weather has been
Ideal for their propagation, and the dam
age they will do will be great." Field
ports from many sections mentioned the
spell complete failure. In some In
stance*, the plants were reported n* far
apart ns 10 feet.’’—Hayward, Vick
‘Inrk.
THE COFFEE MARKET.
CENTRAL
STATION.
district averages.
Atlanta. . .
Augusta. . .
Charleston. .
Galveston. .
Little Rook.
Mobile. . . . i
Montgomery. .
New Orleans..
Oklahoma. . .
Savannah. . .
Vicksburg.
Wilmington.
.if
§i
ais
New York, June 18.—Coffee rallies:
Havre. 10 a. in., market quiet; 12 noon
unchanged; sales 8.000.
Hamburg 10 a. m.. ranrket unchanged to
% pfennig down; saies 11,000.
Rio receipts, two days, 19,000; atock 948,-
000; mnrket firm.
Snnto* receipts, two days, 37,000; atock
2,286,000; market quiet.
Kao Paulo receipts 37,500.
Jundinhy receipts 26,000.
The following figures give the opening
* of the N— L
New York, June 18.—Money on call
time Joana sixty jlajra 8%; ninety days 4v[@
4%; six montha I
, . ® l «**Ung exchange $4.84H^
4 a 88 ’..*£$1^* bu *l, ne ** In bankers’ bin*
at $4.873504.8740 for demand and'at 84.S325
04.8380 for sixty-day bills.
Prime mercantile paper 5%06.
London bar silver 311-16d. New York bar '
■liver 67%.
Mexican dollars 62%.
MINING 8T0CKS.
Boston, June 18.—Opening: California-
48%,^ Bingham 13, Cop-
THE LONDON 8T0CK MARKET.
Anaconda .. •«
Atchison
do, preferred ,
Baltimore and Ohio .. .. •«
Chesapeake and Ohio
Chicago and Great Western.,
n Pacific M i. «* •;
Erie
do. preferred — — •«
Illinois Central .. .. ,,
Kansas and Texas .. *.
sad Nashville ,, •«
Norfolk and Western ..
New York Central .. m
Philadelphia and Reading •»
Rock Island .. «.
Southern Pacific .* ., .. .. ..
Southern Railway *• M „ ..
8t. Paul
Union Pacific ...... M •• ^
United States Rtoel .. •• .. ..
do, preferred .. ••
Wabn*h, preferred ,. .. *.
COARSE BROWN COTTONS
WELL TAKEN 8ATURDAY.
New York Commercial: In the buslnesi
selling sgents and commission merchanta
had better success In disposing of coarse
brown cottons than on any other day hat
week. It became apparent that cuttera-ap
and converters regarded the altuatlon nr
favoring a free purchase of itaple abeerinc*.
for today:
New York coffee
Opening
Rang**.
..5.20-5.39
Mnrrh .
April
May
Remark,.
The temperature hn« fallen over the mat-
era part of the dlatrler, amt renialm -/i
tionarv or Sllffllf'r llltyln.r nvar *h« .2..
tlonary or sllghfly higher over the western,
northern and southern parts. Practically no
rain has fallen during the past 24 hours.
Clear weather prevails generally.
J. B. MARBURY.
Section Director.
WEATHER FORECAST.
Georgia—Fair Tnesday and Wednesday;
lilt to fresh east to southeast winds.
ght .
Louisiana—Pnrtl^ ^ cloudy ^Wwlnesday;
shower# aud colder.
Oklahoma and Indian Territory—Showers
and colder.
East Texaa (North)—Partly cloudv; proba
bly showers and colder.
Fast Texaa <South)—Partly cloudy.
West Texas tNorth)—Fair and colder.
West Texaa (Kouthj-Genernlly fair.
WEATHER IN COTTON BELT.
The weather In the cotton bolt eoutluues
clear nnd pleasant to hot
June
July .. ..
August ..
September ,
<letober
November
December
..5.3*)
. .5.30-5.35
..5.35
..5.39-5.45
Jk 15-5.35
e.5.10
e .5.16
..5.10-5.20
..6.15 5.20
.. ..5.20 5.25
Closed steady. Salea 1,500 bags.
Tins#.
6.29-5,25
5.25- 5.30
6.25- 5.30
6.25- 6.30
6 u-y.
6.33-6. ■
5.15- 5.201
6.15- 5.20
6.15-5.20
6.15-5.20
6.15-5.20
5.20-6.25
ahlrtlnga, drills and onaburgs. Bleached
fabrics In tbs finer count yarns also came
In for active buying. In estimating the
volume of business put on their book# dur
ing the first two weeks of this month, lend
ing factors announce the total* as eanal
to laat year's on finished goods In plnln
and fancy cottons, the selling agents find
buyers ready to taka additional stocks for
early fall delivery. A careful canvass of
the retail trade In various aectlons of the
‘ reported by Jobbers as disclosing
movement on summer silk piece
a healt
COTTON SEED OIL MARKET.
of the New York cotton
Opening.
Juue 53 f >i .V.
July 53
Keptci
eptember.
October 49%'Hfil
November 42%€43%
December 40 @41
Moaed steady
Following were the cotton seed *»1! sales
for the opeulng and close: 100 September at
109 October at 51%, 2<W November ...
July at 55%. 400 October at 51, 2u0 October at
62%. 200 October at 43. 100 November at 44%.
100 November nt 44. 699 December nt 42%. 2u0
woolen nnd worsted dross goods that the re
tail trade la suffering because of the ab
sence of warm, seasonable weather. Among
men’s wear agents the week Just opening
will be na active one, aa It Is planned to
show a considerable number of lines fnr tne
1908 spring season. Agents also expect
withdraw several fkll llnea which have,
within recent days, received substantial re
orders. Conditions In the silk trade for
fall are reasonably sound. Manufacturer*
getting orders at the prlcea they have
ed and If the season’s profit Is not put
having opened <
• lines at too low i
By a resort to every move that can tj
wade to assist them, buyers of print clotnj
nre endeavoring to evade paying the present
high prices on gray good*. Tho absence m
. —tbo
purely nominal. Yet il - «« - ■ t :,.. h
raise the price of narrow odds. The •treng f n
of the market Saturday was shown by
einlier nt 42%, 600 December at 42. &
sales 7,600.
ui me manui oniuiu»/ 7 . f„r
movement of 28-lneh 64x60 cloths at:4V['J
delivery through to September. On
cloths the same strength Is shown and 3.
Inch standards are at 7c for apot end * %
for future delivery. Large converting »«
teresta are In the market seeking to c* v
otnl 1 for the balance of the year. They find no
soft spots In the market.
opened % higher and at 1:30
it higher. Closed 1% higher.
- f ;3l) p> ,
% higher. Closed % higher.
NAVAL STORES.
Special to The Georgian.
Savannah. June 18.—Turpentine firm at 67-
salea 317; receipt* O.
Rosin firm: sales 1.941; receipts 3,969; win
ed. $1 35,
vhlte,
*j No. 2 mixed, 69c;
»at*. 59«*; white clipped. 62c.
MEAL—Plain. p«*r 98 pound #ack*. 76c; 48-
. Mind sacks. 77c; plain, 20-poQtX! sacks, 78c;
germ. $1.25.
HAY-Timothy, choice lnrae bales, $1.40;
lo.. choice small l«le*. $1.35; No. I, one!
third bale#. $1.35: No. 2. one-third bales,
$L30; cbd’-e prolrie. $l.oa; Rermmln, $I.lit.
SHOUTS Flml’c white $1.30; Texas white
\ u. DJ to IX) i
*),
OFFICERS GO AFTER
SLAYER OF PRIEST
New York, June 18.—Detectives will
be sent to Liverpool Immediately to
bring back John Morridfnn, one of the
men wanted In connection with the
murder of the Armenian prleat, Father
Caspar Tartarian, whose body was
found in a trunk. The police here re
ceived nstlce today confirming the dla.
patch of yeaterday telling cf the arrest
of the suspect.
L. H. Fairchild. Eatabllihtd 1885. S. J. Whit*.
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Member*: .
N.w Tork Coffra Eirhn.re.
\ N*w Orlran, Board of Trad..
\ew Ori.ans Stork hn-banc. Chlraco Brant of Trade.
LIVERPOOL COTTON ASSOCIATION.
I-rlrat. Wire, to NEW YORK and CUICAGO. nnt.ri Mllcltnl for futnr. d.uv
a. 7 ou above Exchange* y, q, coi’HBAN.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, President. H. T. INMAN, Vice-President
GEO. R. DONOVAN, Cashier.
JAMES 8. FLOYD, Assistant Cashier.
Capital .-.
Surplus and Undivided Profits
$500,000.00
$650,000.00
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Mala 8&
ATLANTA. GEORGIA*