Newspaper Page Text
TUB ATLANTA UEUKUian' AND NEWS: TUESDAY, JUNE 20, 1911.
MARKET NEWS
editing market* !
5P0T INTERESTS
Causes Sharp Advance—New
Crops Firm—Weather
Report Bullish.
New York. Jun# 20.—<Vlth old crops
strong and heavy covering. Induced by
Arm and higher cables, the cotton mar
ket opened today 5 to 12 points higher.
Cables reported heavy continental bu>lng
In Liverpool. The support of the new
crop months was also aggressive, follow
ing reports of insufficient rains In the
Texas belt. Spot In Liverpool was steady.
At 2 o’clock a recession of from 2 to 7
points was noted, with the *° n ® K
steady. The heavy sates to go abroad,
together with a much more bullish gov
ernment’ weekly weather report than ex
pected, caused some nervousness among
bears, and they were lass agxresHlve.
The Mercantile Crop Reporting Agen
cy’s final report from 478 r«ipUes makes
the condition §7.5; expectation 13,468,000
**M the close the market wse steady »
to 16 point, above tha final quotatlona of
M Warehouia stocks In I iS , I.? orlt Tue *'
day 10S.3J9; certificated 92,700.
Estimated receipts Wednesday: M1#
New Orleans 4 to tX too l «l
IX.1ve.lnn 60 to 109 «
SPOT COTTON MARKET.
Atlanta, ateady; middling 1614.
N , ew r KSeaS?“etead , y; mldSlIn'g 15c.
New York, quiet; mradllng 16.W
M?o n n,^.«fdgl.H.
WS’JSS^: S&HSg U:
Wilmington, nominal.
KfiartcIpUt* 1 ’. ’nulet; m?d'ljlng l^«5.
PORT RECEIPTS.
Port racelpti, compared with aarae day
test year:
1911.
1910.
New Orleans. . . .
nslveston
Mobile
Savannah
Charleston
Boston. ......
Pacific cosst
405
1,828
48
878
iw"
158
§74
662
254
1,722
.
40
600
235
“•••'bo*’
Total
2,358
4.841
INTERIOR RECEIPTS.
Intarlor receipts, compared with same
lay la«t yaar:
I 1811. i 1110.
Houston. .
Augusta. .
Mamphla. .
St. bouts. .
Cincinnati. .
Little Rock.
Total. ■ .
TotT
rat
RANGE OF NEW YORK STOCKS AND COTTON MARKET
SAUB or STOCK
Atnal. Copper # • • •
Am. Ice Becuritlea ,.
Am. Sugar Ref. . • ••
Am. Smelting . . • . .
Am. Locomotive . • •
Am. Car Foundry .
Am. Cottcn OH . • •
Am. Woolen . • • • •
Anaconda
Atchison
Atlantic Coast Lina •.
Baltimore and Ohio* •.
Canadian Pacific . • •
Corn Products . • • •
Chesa. and Ohio . . •
Consolidated Gag . • •
Central Leather . . .
Colo. Fuel and Iron. .
Colorado Southern • .
Delaware and Hudsot .
Denver and Rio O. . .
Distillers* Securities .
Erie
do. preferred • • •
General Klectrlo • •
Goldfield Con. . • • • •
Great Western • • •.
Great N. pfd. . • • • •
Great N. Ora
Int. Harvester. • • • >
Illinois Central • • •.
Interboro . . . • • •
do. preferred • • • •
Iowa central . . . • •
Kansas C. Southern •
Kansas and Texaa • .
lit
ttjt
29"
87
Bft
*6**
i§7ii
MS
tBT PRIVATE LEASED WIRE.)
5 Ji
m
.20
52*
4i?
HI
m
. 1 ' H
Pj
u
84}
146
lit
i?
h
lit
li
nt
1$
iiif
37 >{
NEW YORK.
Cotton quotations:
I
s
I
li
1
IS
June
J\jly
Aug.
Bept.
Oct.
Dec.
Jan.
Mch.
ii.72
14.60
13.60
13.24
13.26
12.21
18.26
14.88
14.70
18.58
18.28
13 31
18.20
13.38
iiii
13.50
13.20
15.21
13.26
i4.88
11*.'.*
Lf.M
Ueti
18.21
ifli
13.82
14.78-80
14.84-86
14.69-70
18.67-69
13.86-26
13.25-26
13.25-26
13.22-28
14.81-51
15.61-62
14.48-49
18.42-44
13.16-17
13.18-17
18.14-18
18.21-22
dlvljknd K
NAME OF STOCK.
Lehigh Vallay.
L. and N. 4 .
Missouri Psclflo . . .
N. Y. Central ....
Northwestern . . 4.
National Lead . . . .
N. andW.
Northern Pacino
'jnt. and Was tern . 4 .
Pennsylvania . . . .
Pacino Mall
People'* O. Co. . . 4 •
Pressed Steel Car . .
Reading
■Rock Island .... •
do. preferred . , . .
Republic L and B. . 4 .
do preferred . . . .
Sloss-Sheffleld . , . .
Southern PaolQo . . .
Southern By.
do. preferred . . • •
St. Paul ....... •
Tenn Copper .....
Texaa Pacific • • . •
Third Avenue . . . .
Union Padflo . . . .
U. B. Rubber . . . . .
Utah Copper . . . . •
U. B. Steel. ... 4.
do. preferred . . . .
Va.-Car. Chem. . . . .
Western Union . . ,.
Wabaah • •
do. preferred ....
W'house Electrlo . . .
Wla Central .....
W. Maryland
Closed ateady.
LIVERPOOL
Futures opened quiet and ateady.
Opening Previous,
jut)* . . . 7.80 -7.36
June-July 7.78 -7.11
July-Aug. 7.71 -7.71
Aug.-Bept 7.4674-7.61'
Sept.-Oct 7.11 -.7.14
Oct.-Nov. 8.9974-9.01
Nov.-Dee. 8.91 -8.96 1
Dec.-Jan. 6.91 -6.94
Jan.-Feb. 6.91 -1.94
Feb.-Mch. 6.93 -6.96
Mch.-Apr. 6.9114-6.96
Closed very steady.
6.94
6.94
6.95
0.9574 6-974 6.954
NEW ORLEANS.
CotCoD quotations:
1
1,
ss
1
II I
II
June
July
Aug.
Bept.
Oct. |
Dec.
Jan.
Mar.
ii.82
14.13
18.89
3.111
13.08
13.13
13.30
ii.99
14.22
18.40
L8.16I
13.16
13.17
13.31
ii.s i
14.12
13.36
3.091
13.07
13.12
13.29
ii.88 t4!98-99
14.21 14.20-21
13.40113.89-40
3.13113.13-141
13.14113.12-13
13.14 13.17-19
13.29112.29-31
14.67
14.70-71
14.01-02
13.28-30
13.04-05
13.03-04
13.08-09
13.20-21
Closed steady.
U. S. Department of Agriculture-
HAYWARD A CLARK'*
DAILY COTTON LETTER
lew Orleans, June 20.—The govern-
nt map shows fair weather In Texas
1 Oklahoma, no rain except In the
uaton-Oalveston section, cloudy In the
itral and eastern states, general rains
the central slates, except Arkansas,
1 lighter scattered showers In the At-
itlcs. Detailed records show no rain
Oklahoma, but temperaturea lower. No
n In Texas except Houston. Galveston
1 Columbus. Temperatures are conslri-
tbjy lower. The Oalveeton-Dallas Newe
is that Texaa acreage shows an n-
ase of ».«: condition 6.7 better: Okla-
na 1.4 Increase; condition 8.6 better. I
tton has held up well against the
mth, but le beginning to need rain, l.o-
rains have fallen In spots, but the
mth htt not been materially broken,
rend of our correspondents In Texas
rnrt to th* same eftect—that there has
mi no general relief and precipitation
•Ur Insufficient except at a few polnte.
.Iverpool was about 10 points better
in du* on old crops and 1 point* better
in due on new. Hpots 1 point lower,
es 6,600 bales. . . - ....
)ur market opened about 0 point*
rher and gained strength during the
it hour. October selling to 11.14. A
ding operator bid raaolutely on the
rimer position,i and the r*at«rsterult-
■s In July and August in New York
re rise to the opinion that the usual
uldetlon before notice day 1* about
tr. Fair weather In the Western etatee
1 prospect, for continued fair weather
ire, as well as the trade demand for
tober and December, caused tha firmer
rhere were more trade onjera for ready
tton which could only be met with what
tie hedged cotton there wae, aa fac-
■*• holding! are very light and not for
la at the, decline. Future! are at Urge
isount under spot prices.
WEEKLY WEATHER REPORT.
Naihlngton, June 80.—Precipitation oc-
rred generally over the cotton region,
cept that non* occurred In southern and
treme northeastern Texas, southwest-
i Arkansas, southeastern Oklahoma,
rthweatem Louisiana and caat central
aataalppl. Th* amounts were generally
ht except In southeastern Arkansas,
It central Oklahoma, northwestern
sstsslppl and Alabama, eastern Qeorgla
d western Bouth Carollru, where
munts In excess of 1 Inch fell generally.
>ra than 1 Inches occurred In parte of
abama, Georgia. 8outh Carolina and
iahoma. The greatest weekly amount
is 4.60 at Pawnee. OkU.
Kean temperatures were from 1 to 9
(trees above normal except in northern
sbama, eastern Tennessee and extreme
•tern North Carolina, where there was
slight deficiency. The weekly means
nged from M to 14 degree* over eastern,
im 76 to 16 degrees over central and
im 11 to 66 degree* oyer the western
rtlon of th* cotton region. Th* lowest
tan temperature was 46 degrees at
“vine. Sf. C.. and the hlrteat 1* de-
M* at Fort Worth and DerRIo. Tex.
Maximum temperaturea of 100 degree*
higher were recorded In many local!-
NEW YORK GROCERIES.
New York, Jun* 20.—Coffee needy; No.
T Rio spot, 1140134c.
Rice firm; domeatlc ordinary to prime,
firm; New Orleans open kef-
** 8uga?’(mw) strong: eentrlfugsl, 1.11;
muscovado. 1.41; molasses sugar. 1.17; re
fined firm; etsndenl granulated, M0; cut
loaf, 6.60: crushed, 6.70; mold A. 6.15;
cube*. 6.11; powdered. 6.10; diamond A.
6.00. confectioner* A. 4.16; Ni
No. I. 4 15:
No. *1, 4.60: No. t, 4.76; No. 4. 4.70.
whole milk fancy.
Omra «,Tuh£i JP? » 0 sssort ■laslse
WHEAT WAS ACM,
Tf
Opened Decidedly Higher—Re
acted Slightly—Corn and
Oats Sharply Higher.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 1 red winter! 66
Corn M4
Oat* 404
Chicago. Jun* 20.—Price* In the wheat
pit whlaaed up like ekyrockeU when the
market opened this morning, and th*
opening figures showed advance* of 14c
to 24c. The market wee'strong and act
ive with a general rush to buy. Trade
was too large to follow individual opera
tions. Firm cables and continued dry
weather In th* northwest were the prin
cipal causes for the bulge. There was
fair realising. Liverpool came 4d to'
4d higher, agafnet the upturn here yes
terday. Broomhall cables that tha
strength there wae due to unexpected
strength in America, unfavorable Ameri
can crop advices and less favorable crop
outlooks In Germany and Hungary.
Corn alio opened higher, prices ranging
upward nearly to lc on hot weather
throughout the belt. Offerings In th# pit
were small and the trade rather excited.
Oat* opened higher In sympathy with
wheat and corn, and held the advance
fairly well In th* early trading. Opening
prices were 4c to 4e above Taat night's
Provisions were a shade better with
hogs at th* stock yards. Pork was neg
lected.
Damage reports to the spring wheat
crop from Bouth Dakota svere the leading
Influences In wheat today, selling up 20
14c. making nearly a 6-cent bulge In two
days. Trading was wild and excited.
There waa heavy realising on th# ad
vance. Final prices showed net gain, for
tha day of 14 on July and Beptem
IV on December, being about It
the top. All hut the crop damage news
waa disregarded. The close In the Liver
pool market averaged 4QlHd higher.
Corn closed 14014c higher on short
covering. It waa a aympathetlc market
and followed wheat changes rather close
ly. Commission houses were free buyer*
enormous realising transactions and
heavy covering by shorts. Hot weather
». 1 In the bell end leek of moisture.
Cheese firm; white milk specials, 114c: I oats showed gain* of 14014c. Tha
' market was strong and than was heavy
dais, 1094c; si
nklms, 64074e.
■kirns
i‘U*S'W0.4S: , fti
METAL MARKET.
N«w York, June 20.—A firm ton® was
shown si tbs metal exchange today.
«8WU"SS;
16504*
..fferlnga were Inadequate.
Provisions closed alow but stronger.
Strength In hogs and grain were tha In-
fluenee*. The advances brought out freer
offering* and a dip from the best level*
resulted.
Local chah aales: Wheat, none; corn,
266.000 bushels, with charters of 110.000'to
go to Buffalo; oats, 264900 bushels for
Eastern shipment.
THE WEATHER
red generally in the cotton belt east of
Ttxas and on the coast of Texas, Gal
veston reporting the largest amount, 1.02
Inches. The southern storm, however,
now exists merely as an indefinite baro
metric depression over the southern por-
CHICAQO GRAIN MARKET.
Grain quotations:
Open. H!gh. %
WHEAT—
July 89 81
Sept. 89 8094
Dec. 92 98
CORN-
July BBS 88%
&£!' U* i?S
OATS- “
July
Sept.
Dec.
PORK— a
J’ly 15.SB 18.48 *18
JATB—
ly 88*4 40%
pt. 40U 41%
c. 42% 41%
JV"-
J’ly 8.20
S’pt. 8.SB
Dec. 8.10
Jan. 8.00
RIB 8—
J’ly 8.82% 8.86
S’pt 8.30 8.85
16
! -M |
1.15 8
6.074 *
if, :;s
P PS
P B
15 15.434
10 16.674
S i.20
0.16
074 0.15
i.iiy
5.27 V
6.00
60 0.624
60 1.614
Jan. 7.70 7.714 7.02 4 7.70
1.10
t.Si
7.60
CHICAGO CAR LOTS.
Following are receipts for Tuesday and
estimated receipts for Wednesday:
' ITuaaday. IWedn'aday
Wheat -Ifl 17
Corn 747 , Ml
Oats . 246 lit
Hog* ■ 16.000 10.000
VISIBLE SUPPLY CHANOES.
tlon of the west gulf etatee, with the
pressure slightly below 39.9 Inches. It la
generally cloudy, with moderate tempera
turea in tha South.
Fair weather prevails over the north'
orn faction from the Rocky mountain*
east to the north Atlantic, except that
local shower* fell at Buffalo, Montreal
and Eastport.
The Canadian atorm has advanced east
ward to North Dakota, and thera I, con
siderable more cloudiness In the Rocky
mountain region with scattered ahowera.
The temperature la riling In th, central
and upper Mississippi valley and Lake
region.
The continuance of cloudy weather,
with occasional lllht showers, Is Indicated
for Atlanta and vicinity.
oeneraiTforecast.
Washington. June 20.—Forecast until 7
p. m. Wednesday: / ,
Virginia—Fair tonight and Wednesday.
North Carolina, South Carolina, Oeor-
gta. Alabama, Florida—Unsettled, with
occasional ahowera on Wednesday.
Mississippi—Fair In the northern, show-
era In the southern portion tonight and
Wednesday. .... . .
Louisiana—Generally fair, except show
era tonight and Wednesday.
Arkansas, Oklahoma. Beat Texas and
West Texas—Generally fair tonight and
Wednesday.
COTTON REGION BULLETIN.
For the 24 hours ending at 6 a. m.. 76th
meridian time, June 20. 1911.
H?ltuS : t7r# '
STATIONS of
ATLANTA
DISTRICT
PRIMARY MOVEMENT.
1 whea¥-
1911. 1 1810.
Receipts .......
Shipments ......
286.000
118,000
BlrOOT
432,000
f'oRN-
Receipts . *
Shipments
1.063.000
1.248.000
680,000
772,000
LIVERPOOL GRAIN MARKET.
Wheat Opened 4d higher; at 1:M p. m.
was 4d to Hd higher. Closed 4d to 14d
higher.
Cora opened 4d higher; at 1:10 p. m.
was 4d higher. Closed 4d higher.
1 ■ ' l —
NAVAL STORES.
Savannah, Jun* 10.—Turpentine firm at
^SoehTfirm* receipt* 2.M0; water whit#
I7.M. window glass 67.1607.20. N 1707.06.
» 669006.024. K 60.600015. F 1*75«
6 60. H 60.7600.774. a 14 7S4. F M.TOti
076. E 606606.674. D 1066. C B A 16.05
Columbus, p. cloudy.
Gainesville, cloudy. , •
Greenville, cloudy. • * •
Griffin, cloudy
xMscon. cloudy. . • •
Monticello. cloudy. . . •
xxNewnan. cloudy. • •
Rome, cloudy. . . * #
Spertxnburg, cloudy.. •
Tallapoosa, cloudy. . •
Toceoa. cloudy. . • •
West Point, cloudy. . .
It*
!9o\
CENTRAL
STATION
Vilmtngton. • .
Charleston. • *
Augusta. . . *
Savannah# • • *
Atlanta
Montgomery. .
Mobile. ... .
Memphis. • • •
Vicksburg. . • .
New Orleans. •
Little Rock. . .
Houston. . . .
Oklahoma City.
I'isr. ATSEAO00.
Teiap'ti;.-.
In th. central and eastern portions pt the
belt and continue about stationary in
Texaa and Oklahoma.
Changes Fractional — About
Evenly Divided Between
Gains and Losses.
By CHARLES W. STORM.
. Steel opened % up, altho there waa lit
tle demand. In fact, practically all the
trading was professional.
Amalgamated Copper opened unchang
ed. Readlr * * ^
ing scored .
and Reading.
Erie again showed strength, the com
mon advancing % and the preferred open
ing a full point higher. Canadian Pacific
wajMn sympathy with the bear side, de-
In Sie latter 1 part of the first quarter
of an hour a receding tendency prevailed,
stocks that had shown early gains making
a moderate downward movement.
The curb market opened steady with
Standard OH and American Tobacco un
changed. Chief Interest on the curb cen
tered In the new Panama 3 per cent
bonds. About 1400,000 of them were
traded In during the first fWe minutes
from 103% to 102%. Subsequently they
advanced to 103%.
Tfadlng In Americans on the London
exchange was tihrrow, price changes be
ing few. Canadian Pacific was supported
in London better than it seems to have
been In New York. Owing to the corona
tlon, trading In London was light.
. The market was extremely dull alt thru
the forenoon with the Important railroads
and Industrials showing declines rang-
dividend tomorrow, and that they did not
look for much activity until that matter
had been disposed of. '
American Telephone was the most
prominent feature In the market this aft
ernoon. The annoncement of the arrange
ment for arranging stock to the extent of
20 per cent of the present capitalization
to be offered at par waa followed by c some
heavy selling, oh which the price declined
2\ under 194. Denver and Rio Grande
fell to 56%. International Harvester 1«
1 point. The list generally was sold.
The market closed heavy.
Governments unchanged; other bonds
steady.
MONEY AND EXCHANGE.
©3%; time money easier: 60 days,
days, 2%Cr2%; six months. S%.
ed rates: “ *
Post®
- ^ Sterling exchange, $4.84%
©4.87, with actual cash’In bankers’ bills
at 34.8585 bid and asked for demand and
14.8365^4.8375 for 60-day bills.
Prime mercantile paper steady at 3%©4
per cent.
Commercial bar silver. 53c.
Mexican dollars, 46c.
London, June 20.—Bar silver quiet at
24%d.
NEW YORK CURB MARKET.
Standard 011 650 6 654, American Tobac<
co 404 0 406. StudebaUer preferred 1040
106. Porcupine Central 65086, Butte Co
alition 194020, Nlplsslnf 1040104,
Greene-Cananea 740774. Kerr Lake 64
064. International Rubber 374026, Man
hattan Transit 240213-16, United States
Llxht preferred 8409. Giroux 7074,
British Columbia 54064, Ohio Coppei
14014, Ray Central 1136011316, Chi-
cago Subway 4044, Consolidated Ari
son* 14014. Nevada Hills 3 l-18i
Davis Daly 1014, Inspiration 94,
rorcuplne Northern 70071, Btudebak—
063, Nevada-Utah 1 3-160116-16, McKin
ley 11-1604, American Telegraph .and
Telephone rights 64064.
An-
Bt
ket In check and fluctuations will be
f overoed by the weather to a considera
te extent. While we may have tempo
rary declines, believe holdings should be
Increased moderately as *the- fundamental
strength of the business and financial sit
uation will produce a higher level.
LONOON STOCK MARKET.
Stock quotations:
STOCKS—
Amalgamated Copper ..
American Smelting.. .
Anaconda
Atchison
Baltimore and Ohio.. .
Canadian Pacific
Chesapeake and Ohio .
Denver and Rio Grande
Erie.
Illinois Central
Kansas and Texas.. .
do, preferred
Louisville and NashvIHo
Missouri Pacific..
New York Central.... .
Norfolk and Western ..
Northern Pacific.. ..
Ontario and Western.. .
Pennsylvania .. .. ..
Reading .. . . .. .. .. .
Rock Island .
Southern Pacific
Southern Railway... .. ..
do, preferred
St. Paul.. .. .. .. .. ..
Union Pacific •.
Utah Copper
United States Steel..
do, preferred
Wabash
do, preferred
Open
71%
lit
1414
ITS
564
274
504
1674
1334
1344
1594
1204
614
.274
,164
LOCAL STOCKS AMD Dt-NUS.
Bid. Asked
Ml
Georgia Railway & Electric,
do. preferred ...
do. preferred
Atlanta A West Point R. R.,
American National Bank
Atlantic Coal * Ice common,
' " Coal A Ice pfd...
ttl 1,7,4
lit -a*
Autnu e;
Atlanta National _,
Atlanta Taxicab Co.
Central Bank A Truat Corp.
Decatur Street Bank
Exposition Cotton Mills
Fourth National Bank
Fulton National Bank.... „.
Georgia Ry, A Banking Co.
Hillyer Truat Co
Lowry National Bank
primo Motor
Piedmont Portland Cement.
Realty Trust Co.
Sixth Ward Bank
Southern Becuritlea..
Third National Bank _
Trust Co. of Georarja^jnew).. 1674 1714
Atlanta Gaslight 1st le.....
Georgia State 44*. 1916
18 ;it
ij*4 204
2*5 216
214 Hi
2*34
•2*24 125
m i4i
$
111 12«
19
286 271
Georgia Midland 1st 3s
Ga. Hy. A Elec. com. 6*
Ga. Ry. A Elec. ref. 6s
Atlanta Consolidated Ca
Atlanta Northern R? 6a....
Atlanta city 14s, 1931
Atlanta city 44a, 1933
ids
B4
:p »
88% *M%
CHICAGO DASH QUOTATIONS.
Chlesoo, June 20.—Wheat—No. 2 red
§98|9l. No. 3 red S8Q90. No. 2 hard win
ter 90©93, No. 3 hard winter §§891. No.
I Northern^ *^rIng 98©L02, No. f North
ern spring 96© 1.01, No. 8 spring 90605.
Corn—No. 2 55%e56%, No. 2 while S
'56%. No. 3 yellow M—“ ‘
a
, ..O, 3 yellow 6540664. No. 3
. No. 3 yellow 66406*. No. 4 6!
14. No. 4 white 624064. No. 4 yc___
: a»oT3 334. No. 2 white 40%0
41%, No. 3 38C( 38%. No. 3 white 40640%.
No. 4 white 39%©40%. standard 40%©41.
TIPS FLASHED
FROM WALL STREET.
iviR| June —t—cli jjcuLci, oaegw
Co.: The market has drifted Into a
traders' market for the present, and the
temporary fluctuations will be Influenced
largely by crop news. On declines think
the granger Issues and metal stocks are a
purchase If temporary fluctuations are
disregarded. We are told by people In the
metal business that Amalgamated Copper
will work higher.
The New York Financial Bureau: ~~
lng the high priced active Issues. Press
comment Is mixed on Immediate move
ments.
Dow-Jones Company: United States
recognizes Portugal as a republic on
the meeting of the constitutional assem-
Dly. Striking seamen at this port break
away from leaders and threaten to tie
up coastwise shipping. Strike abroad
makes little progress. Southern bankers
in conference with New York bankers
agree on details of plan for supervision of
cotton bills of lading. Twelve active in
dustrials increased .38. Twenty active
rails Increased .37.
GRAIN NOTES.
Chicago, June 20.—Bartlett, Frazier &
Co.: The weather map shows light rains
In the Canadian northwest; generally
clear elsewhere. Prices of wheat today
will hinge largely on whether the news
from the northwest Is of the same char
acter as yesterday. There, has been un-
a uestlonably very heavy covering by focal
horts. Conditions surrounding the har
vest could not be better.# The new crop
should shortly be a feature.
The corn market is largely a weather
proposition, altho the cash situation con
tinues unsatisfactory, as the movement Is
largely local and the demand rather Um-
The oats market continues to show
great strength, and we look for higher
prices.
Kansas City wires: “Corn and wheat
region bulletin shows all stations In Kan
sas, Oklahoma and Missouri clear and
hot with forecast for same."
General commission house buying Sep
tember and December wheat caused the
sharp advance. Logan leading buyer July
on the upturn.
Unless we get rain pretty soon in corn
belt you will hear an awful howl from that
quarter, and speculation could easily car
ry the price oved 70c. This crop Is be
ginning to suffer from lack of mclsture,
especially In the Mhsoll.
-Chicago inter-Ocean: All the specula
tive talk last night on wheat was bullish,
based on expectations of a continuance of
hot, dry weather. People in the northwest
who have studied crop conditions closely
say that the surface moisture has caused
the small grain crops tf» have a short root
and It Is In no condition to stand a few
week* of hot dry weather, and crop scares
are to be expected from all over*the north
west.
• A majority of the corn traders were
said to be bullish and long last night, but
commission houses who have been
strongly in favor of higher prices said
that while conditions as a whole warrant
an advance, they advised caution about
buying on bulges. ' '
ATLANTA LIVE STOCK MARKET.
(By W. H, White, Jr., of White Provision
(Company.)
Quotations based on actual purchases
for the current week.
CATTLE—Good to prime steers, 900 to
1,100 pounds, 6©6%c; medium to good
steers. 800 to 1,100 pounds, 4%©6%c; good
fat beef cows, 800 to 1,100 pounds. 4©
4%c; medium to good beef cows. 700 to 600
pounds, 8%©4%c; good to choice heifers,
700 to 800 pounds, 4«4©4%c: medium to
good heifers, 600 to 700 pounds. 3%©4%c.
Above represents rulini
quality beef cattle. In
dairy type selling lower.
Mixed common steers, If fat. 700 to 900
pounds. 4CM%c; mixed common cows, If
fsL 600 to 100 pounds. S404e; mixed
bunches, common to (air, 600 to 700
pounds, 3034c; good butcher bulls, I
—Prime 160 to 200 average, 640
64c: good butchers,' 140 to 160 average.
6064c; good to choice pigs, 80 to 100
average. 6406c; heavy rough hogs, 260
to 300 average. 64064c.
Cattle market stronger on all grades.
-Weil finished medium weight In strongest
demand. Load of choice Missouri 500-
pound heifers topped the market by con-
slderablo odds this week. Hedlurn grade
cattle have been scarce for several days,
and prices are considerably stronger In
market on anything that shows quality.
NEW YORK PRODUCE MARKET.
New York, JOna 2q.—Wheat, firmer:
July, 974; September, 964; spot No. 2
red, 974 In elevator; 914 (• o. b. Corn,
dull; July, 624; No. 2 In elevator nomi
nal; export No. 2. 624. .Date, active:
natural white,, 43045; white clipped, 46
0474. Rye, quiet; No. 3. nominal f. a
b. Now York. Barley, firm: malting, 96
011.03 c. 1. f. Buffalo; 11.0301.10 nominal
c. I. f. Now York. Hay. steady; good to
prime. 51.1601.35; poor to fair. 76011.13.
Flour, qtilet: spring patents, 14.9006.16;
straights. 14.40 0 4.60: clears, 61.9004.26;
winter patents, 34.60 0 4.70; straights, 14.10
04.20; clear*. $145'! 3.70.
Beef, steady; family. 118 00013.60.
' ness, 117.00017.60: family.
Lard, steady; city Hearn.
— ' spot, 38.45. Tallow,
eads, 54; country. In
tierces,
Pork, quiet; mesa,
619.00019.50. Lard,
7.90; middle West
NEWS AND GOSSIP
or THE FLEECY 8TAPLEL
(From Hayward & Clark.)
New York, June 20.—Carpenter, Bano*
L Pn « T IvnrnnAl tree Ah# 0
At 12:15 n. m. was steady 3% higher va
near, February-March l lower, other*
unchanged to % higher. Spots quiet at l
point lower: middling 8.16; sales 6.000, in.
eluding 4,600 American: speculation and
export 200; imports 25,000, Including 20.
700 American.
Liverpool cables: "Advance caused by
continued trade buying.
Estimated ports 1.800 against 926 last
week and 4,342 last year.
r spot houses ouylng. _
bales sold to Europe last night;
One bought
Big spot houses
4,000 bales sold to ... §■
bought 2,700, and another 3,500 at full
l-rircs.
' Rothschild bought 2,000 July. This cot.
ton was sold to Europe last night.
The good spot house buying is the
strength of the market. We heard of
about 10,000 bales sold, to Europe last
night and today. Also hear of several
good lota sold yesterday to mills for .Sep
tember-October delivery.
Following are 11 a. m. bids: July 14.81
August 14.60, October 13.87, January 13 27*
the entire state of Texas and Oklahoma.
No rain except at Houston (.18) and
heavy rain at Galveston; cloudy in the
central and eastern states. General rain-
In the central states except Arkansas .
Mostly heavy and lighter rains in the At.
Iantics.
The map indicates clearing from the
west. Fair today in Texas, Oklahoma.
Arkansas and northwest Louisiana, hut
cloudy In Mississippi and the eastern
states. Probably more showers In eastern
states, Alabama and Mississippi.
The Galveston-Dallas News says local
rains have fallen In spots, but the drouth
has not materially been broken.
Albany, Ga.. reports heavy damage to
crops In southwest Georgia in the last
two days by hall storms.
' BUTTER, POULTRY AND EGGS.
New York, June 20.—Dressed poultry is
firm; turkeys, 12©23c; chickens, 14^250;
fowls, 8©14%c; ducks, 8©14c; geese, 7^
11 feve poultry unsettled; chickens. 23®
24c; fowls, 16©16%c; turkeys, 15c; roost
ers, 10%c; ducks, 12c; geese, 9c.
Butter steady; creamery specials, 24o;
creamery extras, 23c; state (Jalry tubs, 17
ft22%c; process specials, 20c.
Eggs firm; nearby white fancy, 22®25c;
nearby brown fancy, 20©22c; extra firsts,
19©21c; firsts. 14%©17c.
LIVE STOCK MARKET.
Chicago. June 20.—Hogs—Receipts 15.-
000. Market strong; mixed and butchers
$6® 6.40, good heavy $6.10©6.37. rough
heavy $5.90©6.05, light 86Q6.40. pigs $5.85
©6.25, bulk $6.2506.35.
Cattle—Receipts 2,500. Market steadv;
beeves $606.60, cows and heifers $2.25®
6.90, Stockers and feeders $8.7505.40, Tex.
ans $4.9005.85. calves $708.60.
Sheep—Receipts 15,000. Market strong:
ATLANTA MARKETS.
COTTON SEED OIL.
Cotton seed oil quotations?
Spot . . • .
June ...
July ....
August . .
September .
October . .
November .
December .
January
Sales, 7,200 barre a.
I Opening. 1 Closing.
■■■ppr
O.-JS' >;.:n
6.30 6.31
6.37 6.3S
6.-10' 6.41
6.13' 6.1 r,
5.SO- r,.K4
5.78' 5.S2
5.79' 5.83
NEW YORK COFFEE MARKET.
Coffee quotations:
January. . . .
February. • • •
March. ....
April . • ^ •
June .....
July
August ...»
September . . .
October....
November . . .
December. . .
Cloeed quiet.
Opening. Closing.
’ML52
10.52
10.62
10.58
10.91
>10.85
10.85
10.71
i 10.67
10.54
10.61
10.511
10.6K
10.511
lO.fll
10.621
10.894
10.884
10.85<
10.704
10.521
10.521
10.50'
ri0.55
110.66
1 10.63
110.55
110.65
111.00
r 10.96
p 10.90
110.71
r.10.60
110.56
110.51
10.51-
10.51'
10.51 f.
10.510
10:52(1
10.89*1
10.041
10.83*
10.71?
10.56'.
10.53<
110.51*
Sales 15,000 bags.
MINING 8T0CKS.
Boston, June SO.—Opening: East Butta
14%, Massachusetts Mining 9%, Inspira
tion 9%, Royals %. Kerr Lake 6%.
EGGS—Fresh country, 15018c.
BUTTER—Fresh country, 10015c per
pound.
DRESSED POULTRY—Drawn, hea C
and feet on, per pound: Hens, 15016c;
fries, 220 25c. Roosters. 8010c. Turkey*,
owing to fatness. 15017c.
LIVE POULTRY—Hens, 35040c: roost
ers, 20030c; fries, 80035c: broilers, 150
20c: ducks. 30035c; geese, 40045c each;
turkeys. 18%015c her pound.
FRUITS AND PRODUCE.
FRUITS AND VEGETABLE SUN
DRIES—Apples, according to variety anft
quality, $7.50 08.00 per barrel. Box ap
ples. $3.0003.50 per box. Lemons, fancy.
$7.00^7.50; choice, $6.5007.50 per box;
California oranges. $4.0004.60 per box;
according to size; Florida orangefc, fancy.
$2.25*( 2.60 per box. Grape fruit. $3,000
8.50 per box. Peaches, $1.600100 per
crate. Florida celery, large fancy.
$2.60©3.00 per crate. Bananas, 2%03c rc|
pound. Beans, round green, 12000 2.25
per crate. Squash, yellow, per alt-basket
crates. $1.5002.00.
Egg plants. 8L6O02.OO per crate. Pep
per. $1.5002.00 per crate. Squash, yellow,
$1.5001.75 per crate. Pineapples, $2.00*)
2.25 per crate. Onions, $1.25 per bushel.
Irish potatoes. $1.7502.00 per bushel.
» FLOUR AND GRAIN.
FLOUR—Elegant, $6.60. Diamond Det
ent, $8.00: Faultless, finest. $6.80; Swans-
down (highest patent), $5.76; • Puritan
(highest patent), $5.50; Sun Rise (ball
patent). $5.10: Tulip flour, $4.60; White
Cloud (highest patent). $5.26; Farm Bell.
$5.40; Carnation, $4.90; Golden
$5.75; spring wheat patt * ~
11.19:' chicken chowder. IM’-unind decks
11.15; Purina baby chick. 12.00: Purlns
•cratch bale,, dozen packs fen, 11.06: Pu
rina scratch. 100-lb. sacks. 11.16; Hen-0
icmcn. J1.85: Success scratch. 71.71: Suc
cess baby chick. 71.90: Oyster shell, 100-
pound sacks, 80c: Purina feed. 175-
pound sacks. 71.65; Purina feed. 100-pound
sacks. 71.60: Arab feed. 100-pound eack«,
71.65; Joet horse feed, 71.*0; alfalfa feed,
* CORN—Choice red cob. 87c; No. 7 white
70c: No. 7 •
yellow corn. _
MKAIr-Plaln. 144-pound sacks. 77c per
bushel; 91-pound sacks. 74c: 48-pound
sacks. 78c: 14-pound sacks, ole.
OATS—Fancy white clipped. 65c; while.
5< COTTON J 8 J KED MEAL—Per ton 977,00
COTTON SEED HULLS—Becked, pet
tn SEEDS # ('8scked)—German millet. II* 1 :
cane seed, amber 71.60; cane «e#d. orense
|t.40. Wheat (Tennessee), blue item,
71.60; rye (Oeor*la). Tv.25; Tennessee rra
61.00. Barley. 91.10. Burt oats. 40c;
Texas rust-proof, 66c; Oktshoms ruit-
proof. 80c: blue seed oats. 60c.
HAY—Per cwt: Timotny. choice lara*
bales, 11.60; No. 1 emsll bales. 11.45; No. 2.
11.10; No. 2 clover mixed. 11.10: choice
green alfalfa, 11.35; clover hsy, 11-10,
wheat straw, 60c; Bermuda h»y, 85c.
. PROVISION*. .
(Corrected by White Provision Com '
Cornfield hams, 10-13 average, •*
Cornfield hams, 12-14 ave
Cornfield skinned hams,
'Cornfield picnic hams.
Compsny.l
■e, 10 So.
ft MS*
C-l svsrsis
11c.
Cornfield breakfast bacon. *-l sverat*
22c.
Grocers style bacon, wide or narrow.
1S Dlxls fresh pork saues,*. I Irk or bulk
25-pound buckets, 11c.
Cornfield frankluri*. 10-pound boras
Cornfield bologna sausage. 16-pou»*
boxes. 8V4c. , .
Atlanta luncheon ham, 25-pound boxer.^ ^
Cornfield smoked link sausage, 28-pound
b °Cornnel3 C 'saUB*ge In oD, 60-pound cans
1176. ^ , ....
Cornfield pure lard, tierce basis. 914c.
Compound lard, tierce basis, 8V»o.
D. 8. extra rib*. 9Ke. ...
D. 8. rib bellies, medium average,
D. 8. rib bellies, light average. Ido-
The American Audit Company
F. W. LAFRENTZ, 0. P. A:
Preiident.
THEO. OOCHED, JR., 0. P. A. A. F. LAFRENTZ,
▼ice Pres, and Secretary. Treasurer.
T. P. HOWARD, 0. P. A. 2d Vice Pres.
NEW YORK—100 Broadway, SSnl SL and NEW ORLEANS—Kelson Blench.
6th Ave. (Wsldort-Astorfs). PHILADELPHIA—Bellevuetstrstford-
CHICAGO—Marquette Building. WASHINGTON, D. C.—Colorado Build*
WS I^lfSV»Bsnk *j£WE^P.snk.nton **nk Build-
RICHMOND—Mutual Building. 8 ^ I ^ NCTSCC ^ Ct ‘ U> BPr "'‘ , " L .
BALTIMORE—Keyscr Building. LOSOOSTE. C.—50 Gresham St Ban*.
C. B. BID WELL, C. P. A., Resident Vice President.
ALONZO RICHARDSON & CO.
CERTIFIED PUBLIC ACCOUNTANTS
EMPIRE WB.9SB ITUIUJ=1