Newspaper Page Text
COTTON WAS FAIRLY
STEADYATOPENING
Slight Decline Was Noted
in the First Few
Minutes.
WAS STRONG LATER.
Ou Buying of Good Charac
ter a Sharp Advance
Was Established.
TH£ ATLANTA GEORGIAN AND NEWH.
oAiunnAT, s. upT.- v
1'3
NEWS AND GOSSIP
of tbe Fleecy Staple.
New York, June 29.—The cotton market
onenml rntbor quiet, but fairly steady, lu
view of the poor cables. It waa supported
liv room traders on the theory that South
west weather frss too hot for the Interest
of the crop. At 10 a. m., the market was
strong nud had ndrnnced 5®7 points. The
strength was increased by the report of
Mrs. II. J. Burch, making the condition
74.6. against 69 last month and 82 last year.
day, while the later positions were within
the best. The market advanced on fearful
rains in the Atlantic* and brokers operating
for Chicago and Western Interests buvlug
the market. The close was steady 6@10
points higher.
Comparative receipts At all V. 8. ports:
Net receipts Saturday, June 29 8,967
Same day last year 4,672
Decrease 71 j
liter
Estimated receipts Monday:
1907.
yfr’ew Orleans 100 to 300
ri.nlvcstnn 800 to 400
Houston 700 to 800
Movement at Atlanta:
Iteeelpta Saturday
Siinie day la at year
lieerenee
Shipments Saturday
Same day Inst year
SiWla )r, to The Georgian.
* Hayward,Tick k Clark.)
J 0 ?* June 29 “*Liverpool waa due 3%
™ ******* 3% to 4% higher
2?.h . nl °P tIon *- Opened Irregular at 6
RES on »««r and 7 higher on distant.
e0 *J 7% higher on June, 2 to 3%
higher on other near months, and 2 to 2%
°{‘ months, snots dull at ?
Milk h, * h ** ; »nWdUn* 7,»; tales 2,000;
MOO; •peculation and export 200;
imports, 8.000; Americau none.
v#r >* * tron k on near months.
Belateif shorts covering in July and Au-
n^&^/llsposal °t tae ^ u l7 hotlees will
no followed by the bureau Tuesday next.
Thu figures will no doubt show improve
ment over last month. The decline in prices
uns discounted this Improvement. We look
for a fluctuating market, and would advise
purchases on declines only.
.New York Commercial: A short time ni
It wt* called a weather market, and the de
cline waa attributed to good weather, but
the weather in the belt has been more fa
vorable since the ndvouee started than it
wss during the decline.
Orleans, June 28.-Hayward, Vick k
Clark: Weather conditions during 24 hours
not so good In Texas, where dry. hot weath
er continues, but generally favorable In the
central states and Alabama, where scat
tered rains occurred. Conditions were un
favorable In the Atlantlcs, where heavy
•‘•Ins fell. Savannah records 5.C0 and
Charleston 2.04.
Map, now complete, Indicates continued
generally fair and hot weather in the west,
generally fair in the central belt and heavy
rains for North Carolina, where a rain
storm is located.
Following
cotton on
The New
This Last Last
... , . . Week. Week. Year
Usiblo supply... 8.608,798 8.768.586 8,®8.W _
American 2.267.793 2,421.595 1.743.661
In sight, week..13,037,201. 57.176 10,574.623
Since Sept. 1.... 48.180 1I.9S5.462 70.285
* L 21.060 888.367
346.232 23.388
42.350 63.363
14.261 19,014
48.428 40.231
168,463 197.680
Following is tbe Liverpool cotton state'
mont for the week ending June 28:
Edited by
Joseph B. Lively
MARKETS
Mr. Lively’s twenty-fir#
years' experience of ed
iting markets In Atlanta
sod the South has mads
him a recognised au
thority In his specialty,
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
J *—UV* -
TIPS'TIiASHED
From Wt*U Street
NAME OF STOCK.
ng Is the etetletlcsl position of
i Friday. June 28, as made up by
York Financial Chronicle:
Fort stocks
Fort receipts....
Kxports
Int. receipts
Int. shipments..
Int. stocks
3J.437
318.000
29,604
14.380
36,196
197,576
Decrease
Stork on hand Saturday
Same day last year
4.462
1.972
2,490
TODAY’S PORT RECEIPT8.
Tbe following tnble shows receipts at the
ports today, compared with the same day
last year:
New Orleans.
Galveston. . .
Mobile
Savannah. . .
Charleston. . .
Wilmington. .
Norfolk. . . .
Boston
1'acifle coast. .
INTERIOR RECEIPTS.
same day last year:
Ilopstnn. . .
Augusta. . . ,
Memphis. . .
St. Louis. . .
Cincinnati, . .
Total.
8POT COTTON MARKET.
Liverpool, dull; middling uplands 7.22.
uta. steady; middling 12%.
iddllug 18.25.
Atlanta, steady; mlddlluj
New York, sternly; utid
New Orleans, firm; middling 1274.
Augusta, steady; middling 18%.
Savannah, quiet; middling 12%.
Memphis, sternly; middling 1215-16.
Galveston, quiet: middling 12%.
Charleston, nominal.
Wilmington, nominal; middling 18%.
Norfolk, steady; middling 13%.
Ht. I«otils, steady; middling 12%,
Boston, stendy: middling 18.25.
Baltimore, nominal; middling 13%.
Mobile, firm; mlddllug 12%.
Philadelphia, stendy: middling 13.40.
Houston, steady: middling 12%.
Cincinnati, nominal.
Louisville, quiet; middling 12%.
Week's sales
Of which American.
For export
For speculation..
Forwarded
Total stocks
Of which Amorlcan.
Actual exports
Week’s receipts
Of which American.
Since Sept. 1
Of which American.
1907.
M 11906. | IKK.
II I II—
22.000 ruri
6.00,)
600
47.000 63.
1,131.000 ‘ *
997.000
11000
24.000
12.000
4,6$f.6(j5;
3.766.0002.785.
vm
46,000
M00
Amal. Copper
Am. Ice Securities. ..
Am. Sugar lleflnery. .
American Smelting. ..
Am. Locomotive. . . .
da preferred. . . .
American Car F. . . .
American Cottou Oil..
Anaconda
Atchison
do. preferred. . . .
Atlantic C. Line. . . .
Brooklyn Rapid T. . .
Baltimore & Ohio. ..
Chesapeake & Ohio. .
Canadian Pacific. . ..
Chicago k Alton. . ..
Consolidated Gas. .. ,
Central Leather. . . .
do. preferred. . . .
Colorado Fuel k Iron.
Corn Produce
Colorado Southern. . .. ,
Delaware k Hudson. .
Denver k ltlo Grande.
Distillers' b'ecurltJe*. . ,
Erie
do. preferred. . . . ,
General Electric
Great Western
Great Northern
Illinois Central. . . .
Interboro
do. preferred
Kansas & Texas
E5
NAME OP STOCK.
Mexican «.num . • •
New York Central , .
Northwestern
National Lead . . . .
Norfolk and Western.
Northern Pacific . . .
Ontnrlon k West. . .
Pennsylvania . . . « .
Pacific Mall
People's Gas Co. . . *
Pressed Steal Car. . .
Reading
Rock Island
do. preferred . . .
Repub. Iron k Steel ,
do. pref.
Southern Pacific. . . .
Southern Railway. . •
do. preferred . . .
St. Paul
Tenn. Coal and Iron .
Texas Paelflo
Union Pacific
U. S. Rubber
i-. ::
do preferred . . , .
Western Union . • . ♦
Wabash .
do.preferred . . . .
Wisconsin Central. , .
do preferred . , .
Total stock sale*. 234.000 shares.
NEW YORK.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Hester gives the takings of
American cotton by the spinners of the
world as follow*. In round numbers:
This week, 178.000 this year, against 156,-
000 last year, 901,000 year before last.
Total since Septeml>er 1, this year, *11,.
818,000, aainat 10.^3.0M last year, and 10,996,-
000 the year t>efore.
Of this. Northern spinners and Canada
..»ok 2.494.000 bales this year, against 2.316,-
000 last year, and 2.182.000 the year before;
Southern spinners 2.259.000, against 2,133.000
last year, and 1,959.000 the year before: and
foreign spinners 7.850.000, against 6,185,000
last year, and 6.867,000 the year before.
’Includes Mobile plus correction since
September 1, but which Is not Included
part of week's takings.
WORLD’S VISIBLE
SUPPLY STATEMENT
si
1101-02
11.98-12
11.68-64
11.75-77
11.73-76
11.78-79
fieri!
Oct 11.63 11.20 11.62111.77
Nov 11.63 11.63 ll.63jll.tl3
Dec 11.70 11.80 11.69 11.78 .... ._
Jan 11.80 11.9J 11.79 11.88111.88-89
Feb 1 1 1 1 111.92-93:1186 88
March. . ..IU.88ill.99iU.89tll.98lil.9ft-99ill.91'92
Closed
11.67-68
11.63-64
11.71-72
11.81-83
I steady.
LIVERPFOOL.
Following figures five tbs opening range
and close, compared with yesterday:
Futures opened firm.
Opening Previous
Range. Close. Cl
Juno MS%-6.W
ilia
6.66 -6.58%
4.53%-6.53
6.45 0.41
6.40 -6.39
e.89%-6.36%
6.38 -6.33
July-August
August Fentcmbe
Sept.-October....,
rieccmbsr-Ja nuary.
January-Pebruary..
Kebrunry-March.... 6.39 -6.34
March-April 0.37%-6.38
Closed eaay.
HR HP
6.70 6.67%
0.89% 6.67%
6.60% 6.48%
6.41 6L39
6.87% 6.85%
6.85% 6.82%
S:2 VA
6.86 6.33
NEW ORLEANS.
turea In New
II
t
III i l!
l
July,. * . :
Aug.. . .
m.v.-
Nov
Dec
Jnn
Feb
March. . ..
U.4IJ.O7
117)1173
12.45|12.64
119912.10
11.9912.09
18.09
aa
11.91
tin
11.99
ItTlIftM Ijj.fS
12.64 12.54-56ilt.45-47 J
12.1, 12.dn-10llI.Md2
12.0146 11. W-M
12.02 12.01 -03 11.22-23
12.05 l2.M-0a il.9M,
12.11-14 12.02-06 J
Il2.14-liill.05 *
NOTES ON GRAIN.
Pointers on Provisions.
Secretary Hester's statement
world's visible supply of cotton for the
week ending Friday June 28, shows a tie-
the week Just closed of 145,232.
HESTER’S WEEKLY
COTTON STATEMENT
[ Minn imj s year iifiure insi or m.uw.
acresse the same time In 1904 or 200.
F«»r the twenty-eight days of June, the
totnhi show a decrease uuder last year of
48,000; a decrease under tho same period
year before last of 242.000. and ao Increase
Over the same time in 1904 of 71,000.
For the 301 day* of tbe season that have
elapsed the aggregate la ahead the 801 days
of last year 2,458,000; ahead of the tame
days year before last 512,000, and ahead of
1904 by 3,403.000.
The amount brought into sight during
the past week has bfen 87,829 bales, against
6),227 for the seven days ending this date
last year. 101,674 year before last, and 17,618
some time in 1904, * *
eight days of Jun-
against 348,734 Inat year, 443,197 year before
last and 180,607 same time In 1904.
The movement since Heptember 1 shows
receipts at all United Htstcs ports 9,759,-
697. against 7,648,451 last year, 9,580,893 year
before last and 7,063,373 same time in 1904.
Overland scrota the Mississippi, Ohio and
Potomac rivers to Northern mills and Can
ada 1,188.406, against 961.196 last year, 1.056.-
061 year before last and 906,960 same time in
1904: Interior stocks In excess of those held
st the close of the commercial year 69,932,
against 78.998 last year, 150,210 year before
last and 84.141 same time In 1904: Southern
mills takings 8J01.000, against 2,076,675 last
year. 1.919.4*8 year before last, and 1,768,831
same time la 1904.
These make the total movement for the
>1 days of the season from 8enteml»cr
to date 11.218,43" *
. ear, 12.706,642 yeti
same time In 1904.
Foreign exports for tbe week hare l>een
41.245, against 49,660 last year, making tbe
total tnn* f*r for the season 8,245,329.
6,214,071 last year, an Increase of
m
2,404. as compared with the correspond-
fig period Is st year, and their total tnk-
K* »lnee September l have Increased 177.-
The total takings of Amsrlcan mills.
North. South and Canada, thus far for the
season have been 4.752.619. against 4.447.696
last yesr. These include 2.40.1,011 by North-
»rn spinners, against 2,815,961.
against 3,761,457 last .
nnd 3.437,041 year before Inst. Of this total
the American cotton is 2.274.225, against 2,-
410.457 last week, 1.759,4C6 Inst year and 2.-
151,041 year before last, and of nil other
kinds. Including Egypt, Brazil. India, etc..
1.340.000, ngnlnst 1,345.000 Inst week, 1,355,000
Inst year and 1.286.000 year before Inst.
The total world's visible supply of cotton,
_j above, shown a deerense compared with
last week of 145,232. nn Increase compared
with last year of 501.759 and compared with
yenr before Inst of 179,184.
Of the world’s risible supply of cotton, as
above, mere is now hfloat nnd held In
Great Britain nnd continental Europe 2.249.-
000. — * — *
vent .
j9,0<)0 Inst year nnd 1#,wm jmr uciore mu,
lu India 758,000, against 904.000 Inst year and
926.000 year before last: and In the I'ulted
States 527,000, ngnlnst 530,000 last year and
615.000 year before last.
ATLANTA MARKETS.
wheat bought was hedged lu the pit for
.... _ ¥h .
titv turned out was 284.160 barrels, as
ngnlnst 233,005 In 1906 and 176.S30 In 1903. Two
mills have dropped out of the operative
list, and tho flour output thin wek prom
ises not to exceed 250.000 barrels. The flour
trade with Minneapolis mills last week was
not much different from preceding weeks.
Domestic buyers were Incredulous about
current prices aud took flour In small quan
tities. shipping directions on old orders
were not coming In very freely.
‘•Northwestern Kansas was expected to
give good results, but enn not give 40 per
eoqf, wired Goodman to Clement-Ourils.
SELLING GENERAL
IT SMIIN WHEAT
A Sharp Decline Followed.
Domestic News Averaged
Slightly Bullish. Early.
WEATHER REPORT.
WEATHER CONDITIONS.
tlons from Tnmpn, FIs.
...... -...u|n., . iu avow York city.
Bains have fallen In the last 34 hours at
•t of tho
Georgia
- v - r ~- ..oripal In.
nearly all sections and there has beeu but
little change In temperature.
The conditions fnvor fnlr weather In this
section tonight and Sunday.
COTTON REGION BULLETIN,
at 8 a. m.. 75tb
crop
sola:
p. Storms this week damaged rl|
. Barton nnd big counties north."
The Northwestern Miller's special weekly
and weather summary, ns wired here.
"Evome reports less favors bio from
.... •Vann, forcing
•re needed In
Dakota. Tarts of
northwestern Canada need rain and a great
deni of the wheat is backward, thin and
weedy. Onr Winnipeg reports are highly
favorable."
Chicago, June 29.—Wheat was unsettled
and irregular, price change* being sharp
nnd the tendency downward. There were
losses of 2%02%c for t* ' *—
was pronounced nnd wn
largest traders.
The July option was the center of attack,
and It sold off, pulling other months down
with it. The December was the weakest
“ ‘ " wheat list on the decline of
— However, Investors took hold
for the state to and prices reacted sharply from the bottom.
Delivery day Is close at band, and few of
.as professionals care to have the i ‘
Ifvorea to them on July contracts.
Corn closed %©%c lower after a rather
slow market, and oeta were dull aud %{flc
crop for cost of seeding, buyer to harvest, i tbs professionals care to have tbe grain de-
Grain vrna badly hurt by tho May drought •• • - * • *
nnd the freeze and hot winds stopped fur-
FRUIT AND PRODUCE.
KG G 8-Active. 17dl7%c.
LIVE POULTRY—Hens active, 3T%04Oc
chickens (fries). 12%027%c. Ducks, Pekin,
30c each; puddle, 25c each. Turkeys dull,
POULTRY—Turkeys, nndrntrn,
active, 16^17c pound; fries, active, 264980c
pound; hens, 14c pound; dueks, undrawn,
fancy, 15c pound.
PRODUCE—Lard, 12c pound; bams __
rive 16c pound: shoulders active 10011*
pound: allies active, He pound; butter anil;
l(Hftl2%c pound; beeswax active, 28c pound;
honey, bright, active, lie pound; honey in
$5.25: bananas per hunch, culls active,
straights 3% '* “* ’
Florida stock,
ula stpek, per
ey peaches. $2.754i8.M ner crute. Grnp#
fruit, Florida stock, owing to slsa snj
color.^>er l*os, $5.00; limes, Florida stock.
s per nuuen, cutis arrive, si.w;
i cents per pound; pineapples,
k. $3.7538.25; •oranges. Cnllfnr.
ter box, $4.50. Horldn hou-
per lOd. $1 .00; peanuts In sacks averaging
100 pounds each, owing to grade, per pound
7E8c; dried apples, 7{$8%e; dried
penchcs. ll%c; prunes, «®7%c; cantaloupe
$2.00^2.50 crate; watermelons, 10915c each;
Georgin itcnchcs, $2.00 crate; blackberries
12%c; rhunnrb. 60e bunch.
VE<JTAB!.E9»—Tomatoes nr# netivo and
wiling nt «1.50S1.». Potato.., nnw, |:.M
iftS.00 ixr barroL Onloua, Ixold.na. (3 p.r
iMi.hel; Egyptian tHojwr pounil; oil
Irl.b potato., act'.. Sl.1501.3ft bnab.l; cab
ery. fancy, 12.5001.26 crate; pappera, alow.
11.25 crate; okra. »ts haaketa, traall, 11.00;
krant, half barrel, 12.75; encumber., 11.25®
1.75 per crate; cn plant, 1L25S1.75.
GROCERIES.
BICE—Tap 5®6Hc; bead talc, fancy bead
(407. according to the grade.
CHEESE—Fancy full cream. H cent.;
Ocorgla cane .yrnp, * cent, g.ilon; ealt.
lOft-nound, Me; axle free.. 11.75; Mxla crack-
ere ettc pound; lemon 7c; oy.ter 7e: bar
rel candy, per pound. 4Hc: mlied. pet
pound. «‘*c; tomatoee. 2-poimd. B.00 e«ie;
s-pound. 1135; nary Iteena. 12.80; Urn. beane
lc: beet matcbei. ner groee. ll.fc; macaroni,
nJtl7<' pound; eardlnrt. mnatard, 13.25 C-—
sudAH—Standard granulated, ifce; ,
Fork reftneil. 8%c: plantation, So.
COFFEE—Boaetea Arbncblei $18; bulk In
, J. BARNES-FAIN C0.’8
FRUIT AND PRODUCE LETTER.
frolt and pro-
tho preaent weak. The
brat ahlpment of grapea came on tl,e mar
ket Tneeday from Fkwlda. They were the
Concord variety. There ebouU he Hbaral
ahlpmente of thin commodity dnrlng the
coming week.
Watermelnne hare been eelllng freely at
peleae ranging from 11c to 2214c. All eerie-
tie. are now being offered anu tbe demand
la good.
I.omona bare taken a ebarn advance In
New York, although the local market bat
held atatlonar.v ae quoted.
Banana* are ecarce, tbo supply not equal
to the demnnd.
Cantaloupe, bava bean plentiful end tbe
rnnrket weak. _ ,
There are very few ebangea In tbe regata
Ide line to report thla week, rotntoea are
Im.hel, nnd the demand falling off. Tntna
toes are tailing freely at from 73c to 51.75
pee crate.
l-;gg. are In good demand and tbe pr!c<
firm a. quoted.
Live poultry baa been ptentlfal and the
demand good, especially nn friea and bene.
With the approach of July Fourth we look
for a big demand In fnilfe of all kind*, etna
clallv watermelon! nnd plnenoplea. We
look for a change In prices from thoae
cpiotcd today.
lower.
Provisions closed 2HS5c higher.
Llrerpool waa Hfllfc higher. Berlin
np like and Budapest waa nnebanaod.
world's enlpmente warn 5,230,000 nu.hela.
against 11.812,000 bushels the weeh before
nnd 0,024,DO) barbell n yenr ago. A decrease
of tbo grain on passage la looked for.
CHICAGO GRAIN MARKET.
^Chicago ^raln and provlatoos qnotntion
=1 J| I 8 1
WHEAT—
July,
Dec
CORN—
July....
Sept....
IHk*....
OATS—
July....
Sept,
Bnr*Uf|*(> OllCim #*» trmmm, itu. « miicti wi
$3.25 csss; s*ck .«£**•. $}•*?
oystsrs. full weight. » cssst light weight
if to esse; pepper, 18c !b.; Iwklng nnwfler 85
case; red salmon, 88i caw*: pink anfmon, UM
rli*c : coco*. 4-c; chocolate. 33; muff, Mb.
inn'48c: ron.t beef. 12.W case; eorned Imef.
K la' ca.e; ent.np. II.I# «.e; .Iran, New Or
San. 35c galloa; corn. V* gallon; Cuba
caae:jwonn5Tj6; rope.
4-ply cottoo.
soap, ILM04 raw
Storks at the seaboard and tbe twenty
nine Southern erntera have decreased dur
ing the week 35.M7 hales, against a de-
SSS rt o , f ,ri M n ?.A h '.^To , rf4.K , «r t
then at this date In lSC*.
Including stocks left oyer at porta and
Interior town* from the laet crop and the
number of bales brought Into sight thus
rom the uew crop, the anpply to date
515.206, against ll.204,553 fot the same
period last year.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION*
Carondilat and Gravler 8te* New Orleans.
MEMBERS: _ . . . ,
IRS nr .Me?»V5 e ¥S2
I AwSmtaSnUntPHl Cottas Aea'fc
New York Cotton gxehaoga.
tl.lrr.ton Cottou Fichaoje.
Uonston Cotton Exchange.
New York and Chicago Correspondent*.
A#. BACHE « CO., AND BARTLETT. FRAZIER & CARRINGTON.
PRIVATE WIRES TO ALL POINTS.
PROVISIONS.
??nr*ro! » 7 Av Purttr mmpouml, 1%.
California bams, 10c; drj salt sxtra ribs,
9.17%.
I>«c
PORK-
July.. 16.10
flspt.. 16.38
LARD-
July... ‘
8ept...
; b a
m
:8 MS' 1
16.07% 16,i
iS'.eik
m IM 5:Sa
5.5
8.90^ 8.77%
8.85
8.80
CHICAGO CAR LOT8.
•ml rstlmstsd receipts for tomorrow ar* «•
follows:
Today. Tomor.
Whvnt 11
Corn .. 413
Out* 12
Hogs, head .. 10000 41DC0
THE LIVE 8TOCK MARKET.
Chicago, June 29.—Hoes—Receipts 10,000;
estimated for Mondny 4O.0O0. Market atrnng
to 5c higher; bulk $5.90476.06; light $5.90*9
6.17%; mixed S5.80e6.15; heevr $5.55776.02%;
roti^h $5.564j5.75; plg« $5.40^6.05; ynrkcrs
$6.1 ►1(4.16; good to choice heavy $6.miQM.02%.
Cattle—Receipt* 400. Market unchanged:
beevas $4.40<97; caw* $1.7o^4.76; heifers $2.40
2 5.40; calve# $&ff7.2S; good prime atcer*
.7067; poor to medium I4.6SQ5.C5; stockers
and fecfler* $2.904j5.25.
Sheep—Receipt* 8,000. Market weak; nn*
tire* $406; weaterti* $404; yearling* $60
6.75; lnro\>s, nsttvn nnd westerns, $5.50497.
NAVAL 8TORE8.
STATIONS
ATLANTA
HI .STUICT.
'Atisntn. oion^y. . . .
•ChattanooRS, clear. .
Columbns, cloudy. , .
Gainesville, cletr. . .
Greenville, cloudy. , .
Griffin, cloudy. . . ,
•Mflf’on, cloudy. . . .
Mouflcello, cloudy.. .
Newnan,,p. cloudy...,
Rome, deer. . . / . .
£J»artnnburg, cloudy..
Tallapoose, p. cloudy
Toeeoa. dear. . . .
West Point, dear.
1
dir
111
~5T
Spednl to The
New York. Jons &.—J. 8. Bache k Co.:
London market strong, % to % above par-
Vhey look upon the dty lionds sale failure
•a a purely local matter here, and are pur-
chaslngx^ocka believing that tbe ratlroada
will got u *(|uare deal in the long run. The
court* will ultimately Bottle fare Mils, and
for thla reason they believe in tbe future
of American stocks. The fiscal year will
show not only record earnings Is gross hut
net as well, ns the business will not dimin
ish to any extent.
The Imnk statement may again be so con*
Btructed sa to save the reserve*, and this
Is more than probable.
The call money nte yesterday had very
little effect.
Loqjt for stoody market until hank state
mont comes out.
Town Topics: Among tbe bearish devel
opments pjgy he mentioned tbe prospect of
by tne failure or the dty b „
ysnetug money rates, anticipations of posal
ibie In connection with the lm r ~
allure of the city bond offering ud
ng ot
the iwpor
operation!
... ...... .he contlnu-
of bullish manipulation In the cotton
wheat naarfceta *“" 7 ’ 1
concerning the
Censeqnently. wlth
weakened l»y wholesale ahort covering, we
look for lower prices today and expect to
•ee the reaction run loto next week with
prices of the leading stocks severs! point#
below those ruling last night. r
At the advance wheat ami cotton can
not go much further and proflt-taklng Is ti
order on all bulges. Wait for
hack In cottou before buy lug.
for s sharp se
THE COFFEE MARKET.
Now York, June 29.—Following are coffee
cables:
Havre, 10 s. in.-Market barely steady;
noon, unchanged; sales. 10,000.
Hamburg. 10 a. m.—Market unchanged to
% pfennig advance; Bates. 16.000.
Rio receipts, 8,000; stock. 968.000; market is
•'“dyi •hlpjn.nts to tb. l!nltsil states.
5.000; Europe, 1,000; clearance,, 21,00ft
Snntoa receipts 50,000.
»*« Paulo receipt,, jo.ioft.
Jundlshj- n-i-eipl, 21,000; stock, 3,055,000;
i.rket luirely Veadr.
The following Oaurea give tho opantof
‘nee .nil clone of the Hew York coffee
oenti
Octol
_. otier
November
December
Cloeed quiet. Sale, 7,71
Opening
Range.
"..5.'s6'i.'S
, .V ..”..sli4'$.25
. V. V. V.ilu-D.M
I.1M.35
i baga.
6 36 5.40
6.40-6.451
6.20-6.261
6.153.20
6.156.20
5.16-6.20
5.15.5-20
tiffs
6.20-5.26
ADVANCING PRICES CAU8E
STRONGER FALL BUYING.
'nliuom temperature for 'he U beur pe'
rlod ending I a. m. thla date.
V. i ■ i niianooiia on.. 1.50;
Allendale, 8. C . 1.73; IMactvIlle, 8. c. 6.60
MMlcnL 'tfa' ^>2Li*to_««FajiK •.«*!
nnh, ’■ ’
dost*,
tlaovi
S eaterdnv. “Car _
Ith tnerldlns tins.
inra' ending' s a. m!*,
Ramarha.
..Tb* tamperatiiraa have fallen over the an-
tire twit. The fill hae been alight In the
the eastern pans.
. B. UAUItUBI.
Station Director.
■peelnl to The Georgian.
Snrtnnnh, Jane 22.—Turpentlna Arm at
8TJ4: Mica B0; receipts 1,10ft
Bosln Arm; Mlea 2.027; receipt.
FLOUR AND GRAIN.
rt.OUK-Wxbest pataat. 30.43: hast pnt-
«40; atan-lni-d patent. 14.75; half pat-
'Sr |4 50: .prior wheat pntent |ft ^
COBN-No. 3 white. 73c; choice white. Me:
^OAtS-S*®- 8 white, «0c; No. 1 mixed, 59e;
Golden oats. 59c; white dipped, 62c.
JlEAly—Floln, per »6-poa»d sacks, 76c; 48
pound 770 • P IalD * 20-pound sack*, 79e;
*'haY—Tlinathj, chole. Inrn tain. 22.40;
do., choice .mnn bales, I1.S; No. 1, ona-
thlrd bales. «L»: Jfp. 2. one-tblrd balsa,
tl.J0; choice prattle. 11.00; Bermnda. KM.
■^iOKTS-Cholce white 17.50; Texas white
.. J fancy. 11.45; brown. (10 to 100 poundn),
40a. Brand 51.25.
1*1114111 516 lit, Wlicft e,"»l , II
(low glass $5.75®4; water
elpta $.1*
rhlte $5.1
G $4.9006; F $4.9004.9
C4.80Tc B $t85«3M
WEEKLY CHRONICLE’S
REPORT ON WEATHER.
New York. June 39.—Our telegraphic ad
vices from the South indhnfc that n» a
ing the week. Many of our ''orrespondents
ntTe the weather has t»een satisfactory dur-
report Improvement In the crop, it |*
claimed thst In Texaa, while the weather
has l»een favorable for tb4 cultivating end
chopping, rain would be beneficial to tho
plant. *llotl weevil are stated to t* in
creasing.
COTTON SEED OIL MARKET.
Following !b given the opening and closing
of the New York cotton seed oil market:
Jnne % ~
July. ...aw.
September. . , . • ,
October.
November
December
Closed hardy steady.
Following were the cotton seed oil sales
for tbe opening and close: 10) June at 67%.
H December at 43%. M9 October nt 58%. #5
H-.J otnl sales, 1.109 barrel#.
STONE & CO.
Candler Building,
ATLANTA, GA.
Tickets From
...and ,.,
To Europe.
We are Agents for all Principal
Railway and Steamship Lines.
pound; front r . r 9 . w
potnn.no. 26c pound; mncker.1, UVic pound; Private ft
mixed Ash. 6c pound; frenb water trout, lc. at I on above Exchange*
L. H. Fairchild. Establlahad 1865. S. J. Whitt.
L. H. FAIRCHILD & COMPANY,
NEW ORLEAN8.
Member*:
New Orleans Cotton exchange. New York Coffa* Exchange.
New York Cotton Exchange, New Orleans Beard of Trade,
Vew Orleans Stock Exchange. Chicago Board of Trade.
LIVERPOOL COTTON ASSOCIATION.
Private Wire*, to NEW YORK and CHICAGO. Order* solicited _for_ fjtnre <a»f
In tbe Hosier days of the present weak It
Is being fully gpmonatratad that sellers are
In control of the cotton gooda market. They
are putting up price* on brown staple cot
tons and are also working up tbo price on
fancy cottqns for the new sprlug season.
The effort on the part of the buyer* to
cover their full fail requirements and Into
the spring la proof that they arc now fully
aware of tho nhortago of flrit-bnnd stocks
nnd the Inability of mill* to keep their
production up to current demand. Boat*
of tho line of colored cotton* which agents
representing Southern mills hare moved
during the past few days have been ad
vanced from 1 to 8 per cent, nnd still at the
btghor valuation# have moved more freely
than they did at any time previously dur
ing tbe month. In the wooleu and worsted
market# for inen'a and women's wear fall
reorders are of moderate proportion, yet
therein n tendency on the part of cutters
up to take more good* sod they are shop
plnjyiTwbnJijr to teat the stability or values.
Print Cloths Hold 8tendy.
In the cotton goods commission houses
nnd among cotton hmhara It waa stated yea
torday that the call for narrow print clotlu.
continue# stoody nod on a valuation of 6c
for 28-loch standards. On 27-inch and 35-
Inch low-count goods for delivery during
the balanceof the summer and the early
fall months printers aye willing to ni*c*
contracts on today's top valuations. Wldo
goods are selling for Immadiata delivery
— - *—-*—- to 88c cotton, and the
:72 la uniform at 8%c In
livery before August.
STOCKS AT OPENING
WEREJRREGULAR
As a Rule Fractional Losses
Were Shown in Ear
ly Trading. ;
A FEW GAINS NOTED
List, However, Was Small.
Business Moderately Ac
tive for Short Session.
stocks were < . ___
ess of extricating themselves from an oln- •
bnrrnsslng position evolved before the end
of the session, by the upbldding of prices.
Nearly all the leaders regained their losses
reaching top prices of yesterday, nnd
close was very strong with d feeling
ot unmistakable confidence pervading the .
dealings. While the loss of nearly $7,O9O,00Q
In bank cash was fully s# great as ex*M
pected. It was so far offset by loan reduc*
tlons that the surplus reserve fell off only !
$3,117,$26, leaving s margin of over li.OOO.WO
over legal requirements still remaining. The
ng. The
•ollected '
sre
New York, ” Jons 29.—The stock market j
‘ sgular, but with quotations, as a |
• u.ftt. nnwtvlug fractional recessions. Gains!
of % were made by Great Northern. North
ern Taciflc, Southern Pacific and Brooklyn |
apld Transit. Canadian Pacific advanced ;
,j. Union Pacific, New York Central and ?
Atchison loet %, Beading %««£*• Fsul %
and Pennsylvania %. T
MONEY AND EXCHANGE.
New York, Juoe Money on celt, noth- .
i In bankers' bills
Londos
London bar silver Sid. New York bar si I* 1
ver 67Vic.
Mexican dollars 62%c.
NEW YORK BANK STATEMENT.
N.w Tor*. Jane 2ft.—The weeklr .fate* ,
lent of the New York aetoelxted bank)
Soldiers Collect
French Taxes
Narbonne, France, June !».—Out
break. ot a mors violent character
than thoa, re.ultln. In the inauacra
ot winegrowers are predicted through
out the Midi district, aa a result ot
the determination ot tha ffovemment
to returns the collection of tajea which
has been held up alnce the wine cultl-
vatora' revolt botan. The .overnment
announce, It will uae soldier, to ,*•
cure tha ends, and riot. ar. ar.atly
feared, a. the people ere routed.
LINEMAN IS HURT
WHEN WIRES HIT
Ae the re.ult of a peculiar accident
Saturday morn In. on the public equaro
In Marietta, Foreman Dodd, an em
ployee of the Southern Bell Telephone
Company, came near betnc electrocuted
and two mules and a boras ware In
jured.
Mr. Podd, accordln. to report., waa
badly hurt. He was brought to Atlanta
Haturday afternoon on a Marietta In-
terurban car.
Is understood the accident waa
caused by a telephone wire falling
acroM a trolley wire, re.ultlnff In an
electrical display and creating consid
erable excitement. Mr. Dodd was at
work with a number of telephone line
men on the publla square at the time
of tho accident. •»
nSMgSAEHi
se $3,238,250.
WEEKLY STATEMENT OF
ATLANTA CLEARING HOUSE
(Dnrwln G. Jonv*. Manager.)
Clearing# Haturday, June 29 4 509,274.71
flame» month last year..,..•.,....,•16,^9,464-44
Clearing# for tbs’ week!!.*!!!!!.*!!! A868!48).’l3
Same week last year 8,177,178.38
lnrre:i#e 681.2ol.74
Clearing* for June 18,139.300.42
Same umnth last yesr 16,609,464.44
Increase „ 1,529,%5.9S
MINING STOCKS. f
Boston, Jnne 29.—Opening stocks: Quincy
11$. Dominion 24. LaBallsl4%. Greene-Can-
nnea 16%, Shannon 17%.
LONDON STOCK MARKET*
STOCKS—
Anaconda .
Atchison .. .. ,
do, preferred
Baltimore and Ohio .. ..
Chicago and Great Western
Canadian Pacific
Erie
do, preferred .. .« •• •
Illinois Central
Kansas and Texas .. ., •• ..
do.
Norfolk and Western .. ..
Pennsylvania .. .. .. ..
S lillmlelplila and Reading .
Southern Pacific
Southern Railway .. .. ..
do. preferred .. .. •• *
8t. rani
fie '
„nlon I’sdflc
United States fltsel
do, preferred .. .
Wsbash
delegate to present
RIGHT OF WAY QUESTION.
8p«ctnt to The Georflsn,
Chattanooga, Tenn., June 12.—The
special committee of the chamber of
ccmmerca named to present tho Broad
street matter to tho Georgia Icglela-1
ture ha. selected N. H. Grady to go to
Atlanta next weeh and make prelimi
nary arrangements. Mr. Grady will
try to get the ofllcera of the two houses
to nama aotne day when they sill re
ceive the Chattanoogana,
CARRIE NATION 8PEAK8
FROM WAGON IN STREET
gpwtlal to The Georgian.
Salisbury, N. C„ June 12.—Mm. Car
rie Nation xpent thla morning visiting
the saloons here and talking Scripture.
She wax followed by a great crowd.
Thla afternoon at 2 o'clock she took a
stand In the street, speaking from a
wagon. She Is more violent towards
cigarettes than whisky. 8he la here
attending the Baptist conference.
r
ATLANTA NATIONAL BANK
ATLANTA, GA.
E. CURRIER. President H. T. INMAN. Vlce-Prexldsnt
GEO. R. DONOVAN, Cashier.
JAM ES S. FLOYD, Assistant Cashier.
Capital
Surplus and Undivided Profits
We Solicit Your Patronage.
$500,000.00
$650,000.00
a c. corn
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Cniplr# Building. Bell Phone, Main
ATLANTA. GEORGIA-
■■■iliHlilflilfliSHH