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THE ATLANTA < WJiXJKUlAJM. MARKETS Edited by JOSEPH B. LIVELY COTTON MARKET STOP LOSS ORDERS CAUGHT ON THE DECLINE. Eesulted is a Decided Slump in Entire List—Close Did Not Give Encouragement. The lH*r» in cotton today showed de- ri,Ul negrasritem-at and then made lively < tor the bulla. They tool! to the woods early In th now; In fact, they were on a dead mu then the *0“* tapped for the openlug of hurl aero, and The session started off under L„rr liquidation, especially of the Julj Sniloii. on the theory, It la reported, that 2r Price waa out of the market. Whatever inny hare be*u the cauae, the M.rket was more active and pricea were Inker than for many a lone day. and prlceu fell With an eaae that waa aurorts- fu, even to the hungry bear, gaining force ,, ihe eeaalon advanced, with an occaolonal r«.Me recovery of two to three points. 7n in midday there eeemod to be no let- an In the quantity of cotton for aale at the Rllnee then recorded. May at that time ■tinning a decline, of 33 point*, Janc- ahleli waa not actlve-tl polnta. July 38, Incuat 1». September !0. October 1*. De- readier and January IS polnta. a* compared with Tueadny'e final figures. It mix reported here that Norden A Co., of Sew York, were lasatng in acreage end rendition report which would show 30.7H.0M a,rex planteil and a condition of 8175. Tula probably canned aorae weakness In the new crop position* which were held comparatively steady during .the early trad- '“f.ivcrpool’i opening w»* without algal#. mine, apot lieln* quoted 3 polnta lower at inr.l oil aale* of 10,000 hole*, while future* wire 3 to 4 point* lower on the nearby ■lellvcrlca and onu point lower on the dl«- Inni. The cloae, however, wa* sharply timer, the doting tone being ea»y, I to 1 point* down. • rontlnued favoralilo weather for the griming crop waa a dcprmulng Influence. NEWS AND GOSSIP Ot the Fleecy Staple. Private Wire to Glbert * Clay. Liverpool opened S and 4 lower on thin crop and 1 loweS on ceit. It wa* expected to lw 6 lower on May-June nu«l 1 lower on otbera and 1 higher on next crop. Coumilaalon bouaea selling. Vi ®* ure to® Price brokers have sold 30,000 July today.”—C. D. Freeman. Norden ft Co. aay: "Based on 306 replies from our Bout hero correspondents, we es* tlmate the acreage under cottou this year At 30,711,787 acres, an Increase of 8.75 per cent. Condition figures 88.75 and general detalla fully as good as two years a go to acme respects better. The crop baa had an excellent start, and only disastrous conditions from now on can prerent a large yield. Average acreage Increase per cent 8,75; condition figure 88.75. The Journal of Commerce says: “Cold weather, the adrent of holidays and a cbt • to In the cotton market were an ef* # ective comblnat * . .. iiilet day In th leuce In values „„„ cotton fabrics was not lessened to any de. •"/lueure at work being n steady demand and Increased cost of production. Some bleached goods agents reported more trade for the day. but orders, while numer ous In several Instances, was to small volume. A recent oltatlou of the leading ageuta In the bleached goods situation Is noted by advances In some prominent lines down ou near raoutl distant months Is a very «as duo about- tiuchauged. rerpool 4 to 5 ‘ to 3 down on poor market. LI rerpool"''cablesT “Itarifned ._ quence of dlsnppoInte«l hopes of bulls on account of Price bring out.” Liquidation coutlnuea along heavy lines. The decline ban Ineen drastic and It now looks as If the generally expected bearish bureau will be ulscouuted. Our exchange wired the department of ■ crop _ ’ in the early afternoon trading there was ronuldcralde covering which resulted to a recovery of a few points from the loir iMilutn. but the market at cloae did not give eurourngement to the bulls. Bv Private Leased Wire. New York, May 31.—The local option cot ton market had a plunge; some big stop- loss orders Mug caught, chiefly iu July, which broke 18 polnta to ten minutes. On the mil. business In July was the heaviest seen here In many weeks. Those who felt friendly to 'he new crops were large buy ers on the break, preventing those options from fully sharing the heaviness la July. The market coutlawed active and unset tled during the middle of the morning, cov ering by some recent heavy sellers causing rallies of 3 to 4 points at times. SPOT COTTON MARKET. Atlanta—Steady, 11 l«16c. New York—Quiet, 11.45c. New Orleans—Kay* 11c. Liverpool—Kasy, 8.07d. Augusta— Steady, ll%o. Hnvaiinnli—Qntet, 11c. St. Louis—Ktendy. 11 l-14c. Charleston—Steady, He. RANGE IN NEW YORK COTTON. Tim following la tho range In cotton future* lu New York today: _ , I*,r Prevtona Open. High. Low. Sale. Cloae. Ctoa*. May .1(1.85 10.56 to.70 10.70 NomT. 11.W June .10.77 10.77 10.77 10.77 10.62-0 10.8b» July .10.70 10.70 10.59 10.62 166243 10.8S-O Aug. .10.60 10.60 10.<8 10.69 10.6940 10.71-73 He|.t .10.67 10.67 10.06 10.40 10.0942 10.5748 • >••<. .10.65 10.62 10.0S 1630 10.3040 10.5241 Xnv 10.41 10.6240 10.5241 Iu**’. .lu.66 10.68 10.06 10.62 10.6243 10.5241 Jan. .10.50 10.52 10.65 10.67 10.66-67 10.6840 t’kjsc-d steady. ' RANGE IN NEW ORLEANS COTTON Cnttnn futures ranged as follows At New Orleans today: Mn.v .10.80 10.80 10.80 10.80 Nom'l. M.M-92 June .10.80 -10.10 10.79 10.79 10.7941 10.98-11 July .10.* 10.86 10.86 10.88 10.87-88 11.09-11 Aug. .10.62 10.66 10.57 10.67 10.6648 10.76-77 HoW .10.67 10.67 10.61 10.62 10.6646 10.5648 IS- Wn k *> ** 10«46 .i<A37 am ioia »!* ion* 10.44-49 Jan. Closed steady. 10.40-41 20.51-53 Impart nny Information whatever concern lug the forthcoming report. The Gulf Ports Trading Co., based on Information received from 150 oil mills all over the belt, reitoria the crop, as com- C ored with Inst year, ns follows: Average icrease In acreage 7 |»er cent. Condition— Alnhnmn, Georgia, North Carollua, South Carolina and Florida generally somewhat Inferior, mainly rnuaed by too low tem peratures nnd lu some Instances by drought or too much rain. Mississippi slightly better; suffered from low temperatures. Louisiana better. Tennessee and Arkausas same ns last year. Texas and Arkansas very good with exceptions at some sections to the northeast and to the south. Many reports complain of scarcity of labor and mention replanting. Private Wire to Ware A I .eland. New York, May 31.—Price figures that a little over 5 per cent of the acreage planter! has already Iteen abandoned. The weather map could hardly be better. No rain Is shown over the cotton belt and temperatures are lilgh. Carpenter, Ilaggott ft Co., New York: "Iteporte Indicate an Increase of 20 per rent In the use of fertilisers In the Missis sippi valley nnd an Increase of 10 per cent to the Atlantlcs. Futures have settled down and are stead ier but less active. Sentiment Is very bear ish and the only hope for higher prices la based on profit taking by aborts. Spots continue dulVnnd some factors have covered their samples. Iluyera demand con cessions of at leaat *16c. Sales do not amount to over 000 bales, counting f. o. b. cotton. *■ WARE * LELAND’S DAILY COTTON LETTER. AT SHOWED ALMOST UNIFORM IMPROVEMENT. There was Realizing Later in the Day, But Reaction Was Gen erally Unimportant. By Private Leased Wire. New York, May >1.—Nothing unfa vorable In the financial situation de veloped over the holiday, and the quiet hardening; of the pricea was returned where It left oft at Tuesday's dose. The rise waa helped no little by the further Indications of a decline In money rates and strengthening of the local bank po sition. Another transfer of 11.000,000 currency front San Francisco testified to the fulfilment of expectations that the return of the emergency money from that city would soon be well un der way. Announcement waa made of the advance of 31,500,000 by th# treas ury against gold engagements. That a gold movement has started again tad may reach conxlderable proportions la the Inference generally drawn from the developments of the last few days. The principal activity and strength In the early stock market lay In the railroad group, Illinois Central, Bt. Paul, areat Northern, Northern Pacific, Louisville and Nashville and Union Pacific being the leaders. While many of Ihe us ually active Industrials were disposed to hang back, there were others. In cluding the Steel shares, and soma of the so-called equipment shares, which made good progress upward. The stock market opened generally lvanced, ranging from 1-8 to 17-8, the last In Illinois Central. Bteel and Northern Pacific was up 1-1, Bugar, Great Northern preferred and New York Central 1-3; Erie and Brooklyn Rapid Transit 1-4. Reading atarted t-8 higher. Amalgamated reacted slightly. The market showed almost uniform Improvement during the first hour, with the exceptional strength In Illinois Cen tral. St. Paul and (he IIIII-Harrlman Issues. The list generally made ad vances ranging from 1-3 to over 4 points. There have been realising sales In the last few minutes, but the reac tion outside ot Illinois Central was un important. Government bonds unchanged. Other bonds firm. FARMERS WILL NOT GIVE THEIR COTTON AWAY TODAY'S PORT RECEIPTS. Th* follow toff tnblA sbowa reeelpti at th# P°rt* today, compared with th# oam# d«J last year: * Vn Orleans Wnlvputoii , , Mobil* . . . , ftnannah . . , riinrlputotl # • Wilmington- , , Norfolk . . . • Baltimore . . INTERIOR MOVEMENT. .. E8TIMATED P.ECEIPT8. , - i iris*n* expects 1.230 to 2.000 bsle*. ■ Xiilnxt 2,884 actual last year; Galveston, w"* t'l 4,000, against 2,768 actual mat year: 1,000 to 1,500, against 1,048 actuil COTTON 8EEO OIL. cl? 'tT-Uj" 0 * 1 ”* '* tb * r * nI ® of colto “ o** 4 Jon# 0 *.*.' 0D ~ ,n *- July iH*-*®b#r i r r r r NEW YORK COFFEE MARKET. .„ T , b ', following tabk. give, the opeelsg •n clostng qaeutieo. for coffee for future delhery today In New York: b'roury «OA*> 6.50452 March April June . July 1 August ' ^'-Member ,, 0‘t«»|>*r November ,, in-r-vtQher ' lo#ed Kndy, .. A.5M.7A 8.50** .. MS4.79 C.B5-0.T') „ A.704.W C.70-4.75 .if.M4.10 6.004.06 ... 0.104,39 6.06.6.10 „ 6.364.30 6.104.15 .. 6.264,30 6,304.26 .. 6.304.39 6264.30 ..6.354.60 636460 v. 666440 666460 By Private Leased Wire. New York, May 31.—Tho enormous soiling of July cotton that took place on Tuesday was repeated this morning and the result was a further sharp break In prices, until July sold some 60 points below the level touched last week. The liquidation In July Induced short selling of the new crop months during the early morning, nnd the hammering carried prices down 13 to 15 points below Tuesday's closing price. Trading was on an extensive scale for the first time In several months, and It looked very much as though either cotton taken on May dontracts had been greater than an ticipated when bulls started to deal, or else crop accounts from the South are very much better than reports would tend to Indicate; that Is, the reports circulated by some of the houses get ting out small figures on the average condition. In either event, there was too much cotton held, and bulls con cluded to get out before the bureau on Monday next. The old crop months ap pear to be lees under the Influence of manipulation now, while the new crop will move In response to weather. On any further decline there will be a suf ficient short Interest In the new crop to cause steadiness in the event of any unfavorable weather. GIBERT S. CLAY’8 DAILY COTTON LETTER, Sew Orleans. May 3I.-Tbe marked de cline that occurred In today's session of tho foreign market wee attributed by cablet to the heavy liquidation that took plaee when the rumor lieeume more generally be* Heved tbet the New* York bull leader wee quietly ilI*)wm»Ing of hla Interest In the market. Option* on the close were lower Hum yesterday's Anal price* by »Poluts Hpot sales amounting to ip.OOO t l , , w done at a loss of 2 point*. Liquidation, while far-reaching, was even more so than expected, nnd iirice* were hammered down with i*omparntiTe ease. Hlmllsr condition* prevailed in the eastern market. where tke ball lender was reported a heavy eellcr all during the morning, and Idie decline there, a* here, appeared check. 1 rather through exhaustion than hy any *“PP“ r * furnished the market. With the bnrsnn report Monday out of the way, the weather, meheretotore. will be the oontrolllnsfsc- tor In shaping *he destiny of the market. Today'# map All Biat eovn b# o*airea from a (>*an*b viewpoint tnd report* from the Interior are fraught with 'be excellence of the progress made. *o favorable In tenor have thee* reports bees of late that feeling has become almost universally bear ish, sad have created the belief that the iso. sou . ||a| rfrJ W([|1 ronanio,, „ n*e In >nt recently occurred will rge tncasore the govern- remains to be seen. 31.—Wheat—The mar- qulte dull and heavy » opening was lower on Improved climatic conditions and bear. a a ———s t^nel.loeaKiss Inns disc Hid c ket thr pro rs. Considerable long y commission house* he market, while many of the scalping crowd sold short. Re ports of Increased wheat yield from India and Russia was also a help to the bears. During the latter part of the session considerable support devel oped, which resulted In the market re acting and cloning at about a half a cent above tbs low levol. An we have experienced quite a setback In tho past GIBERT & CLAY '• Cs ALABAMA BT. Jark Stock EiotwnffefNVw New COFFCC. PROVISION* MEMBER** ATLANTA. OA. _ KSS**.|.V« Orisn Besrd ef Tra.Jn.lve.ton Cette. Bxckssga IMrmte Wires teslt ExcbssM. Leesl and Lenfl Dletane* Ttlephon* 5298. W. R. FAGAN, Mansgsr, y.** York Cotton KieknagafNew iM York Cogs. Kicbaa^ lbsgn New Orleans. May Sl.-The Tlmcs-Dcmo- crat says: "With general »iM*culatlon dead nml tho New York exchange cloned the talent took tho reat ctire, and yeaterdty • cotton market woe ntiout ns, dull as virtue ever gets to be. Fluctuations were too narrow to warrant scalping operations and the speculative prospect too obscure to, promise either factlou early succor. Mon day's government condition and acreage iiurcau report, now that the talent .bellerca ball manipulation of the summer months Is a thing of the past, fng movement should liearlsh contention. II 1 -. -. would be well for the trede ngt to over look the very Important fact that the In trinsic worth of cotton today la two or three cento a pound greater than It waa several years ago, ancf he man who bases his cslealstlons on false promises In the expectation of a long soring of the pen; dulum may pay a pretty penny for teal knowledge. The farmers are not golf to give nny cotton away to the speeuly either this year or next. The spinner W protMbly need too much of It to Jastl radical low price talk for many a day conn*. The Ttmei-IieinoerAt will l#w*. ItA Jane acremge nml eontlltlon ffpoi day, Juno 4tb.”—Olbert ft Clay. PIEDMONT BROKERAGE CO.’S DAILY LETTER New York. May st.-A period of wenknesa extending much over the entire day. WM the feature of tho .cotton inarket tmlay. lower Liverpool rallies, small toot busi ness, lower prices for spots and rarorablo wenther, together with an estlmate by n leading liear house of locreaso In screage of over 8 per cent, all helped to depress the commodity today. A aensatlonal dn P of 13 polnta tu July option, eft« tho open ing, Which was If milnta Mow the close of Tuosday. nnd utter demorsHsst on of tho bull force. After tlw noon bour the market rallied feebly, but BO sustaining power appeared. The fall month, white weak at times and showed greater rally ing power than the old crop option. Tue ball leader claims noe to have add any of bis cotton, lint the Impression Is doubt ed. At nny event the dliepunUn* of a bearish government report baa occurred, and should the figures[Prove to bs small, a sharp recovery would be In order. HtockV-A Manor range of prlreu from London for Americana this morning, aceom- a nted by good slse buying orders from "t ride. 7 At.the opening here price, were . .. — ■ vhsrp advance In ....M.... ... report Issued by ITestdcnt Fish, of that line sastalnsd ac tivity In other quarter. Ht. Paul shared * * , ndvnnee, Weakness In l'cnnsylv—'- i depressing effect, and sdvsncc balance of market wae cb#ck<^. Advances were maintained la the sontk ssd soatb- and the interests who sre nursins ine stock are able to move It Irreapeetrve of tho eondltlona affecting the aefaal valne of the property. Two hundred If predicted for the stock, and perhaps It will sell thers under the Influencs of stock market swulpu- 1st Jon. There sre other stocks moving under the Iftflaence of msnlputatlve control and Judgment must bs uwd In selecting the stocks free frmn thi. There »e stocks selling below Ibelr Intrinsic worth, sad ■srvaias: the real valoes. Mr. Lively lins edited Markets in Atl&nta nml the South for more than twenty- five years. His experience makes him tho most reliable market editor ia the South if not in the entire country. RANGE OF NEW YORK STOCK MARKET Amalgamated Copper a................ Atlantic Coast Lin# American Bugar Itefl&Inff.., Anaconda American Locomotlre dn preferred...... American Bmcitlng ltefiatoff do preferred....*. Atchison do preferred .Vnicrlcflii Cotton Oil. JUltlinorw nml Ohio....... Itrooklyn linplil Trannit Cnnaillan I'm I tic I'blcafo a ad Northwestern Chi»Mp«*aki» and Ohio. Colorado Fuel nod Iron Central I.onther do preferred Chicago ntid Great Western Chicago, Milwaukee and Bt. Paul Delnw lire nml Iludaou. IM•.tiller's Securltlci Krle .'. do preferred Genera! Ktectrfc.. Illinois Central American Ice Beenr!tles...... IsoalsTllle and Nathrilla Mexican Central Missouri Pacific New York. Ontario and Weitern National Lead Northern l*aclfic.. New York Central orfolk nnd Western... Iranis Oaa Bteel Car _— preferred......... Pacific Mall Reading % Republic Bteel Rock Island....... do. preferred «•».».*» Uultrd Vttstra Itabfcjr. an, prefsrred., .lufeSfc:::::::::::::::::::::::::::::::::::::: Tennessee Coal and Iron Texas and Pacific Union Pacific United States Bteel VlrSnYaVSrallS'Chemicai*.!!'.!!!!*.!*.!!!!!!*.!! do. preferred Western Union..... Wabash A fio. preferred.. * Wisconsin Central... do. preferred preferred! I.. ! ! !!!!!!!!!!!!!!! TIPS FLASHED From Wall Street Prfrate Wire to Glbert ft Clay. New York. May 31,-I)#nlrl Odell ft Co.: The short covering atarted to the stock market Tuesday afternoon and continued to the London market yesterday may he expected to extend today moderately, to discount the prospect of s good Imnk state ment, there haring been no untoward for eign or dotneatic developments over Dec oration Day of a sertons character: but we would not. In view of the l*ontlon holidays, money complications of the next few days, etc., neglect fair returns, nor would ws make extensive commitment a, but would adhere to the trading position with a preference for the long aide on recessions. We consider Union Pacific, Atchison and Krle the best purchsaes on recession*." Marshall, Bpader ft Co.: 'Thera was nothing to the action of the London mar ket yesterday of significance, fractionally more deflnlt hv.w.dr in the de. >... , day acoma ncalnst steadiness ou real lines, if sentiment be Influencd by funda mentals." * ___ Private Wirt to War# ft Leland. idr nnTasfb N " w Vnrk, May 31--IlllnoU Csntrel un ' t/isrsA th. I ,0 WL "id It I* svlilnnt that llarrlman I. at In ths'rVvfat' it « ln competition with othw. tor Ilnyliig of St Taut Indlratrs that It la ot tb* right sort end will work hither. Hank of England ret* unchanged. Lon- few days, and aa we bollava any ma terial decline hardly probable, natural ly feel the purchases mads around th# present levels should prov* profitable for at leaat a turn. Corn opened a fraction lower on bet* ter weather and liberal receipts, but as all offerings were freely absorbed, th* market turned steady and held rela tively firm throughout the remainder of the seselon, with prices showing a frac tional gain over those of previous ses sion- Commission houses were the prin cipal buyers; while selling was scat tered. We can see nothing In the sit uation to warrant anything but lower prices. Oats—The strength In corn was re flected In oats to a certain extent, but relatively oat* were quite heavy. The weather waa Ideal, rains being reported where most needed. Would not be sur prised to see some further setback. Provisions opened easier, due to In creased run of pigs west and selling by some ot the local crowd. On the decline packers supported the market, which resulted In fractional advance. The trade waa exceedingly dull and professional In charectar. We still fa vor the bull side on recessions, but feel that profits should bo taken when of fered. time nolee: also s stock leeae w liable rights that la responsible * Ball tips of * 10-point advance. It Is stated that Atchison can easily pay 5 per rent on the common and retain a large surplus. Union Pacific. Krle, IjouIs- vllle and Nashville and Bontbern Railway slated for higher levels, but not much so 1 toward takli — -* speculative. Dow, Jones it Co.'s snmmaiy of Toss- day's market: Anisrlrah (locks In London firm, H and for Import, thought to coming Auatrall*-. i Kxporta of ats.1 In past ten months tn- Forclga markets cheerful orer our hol iday. London settlement conclude* today. STOCK SALE8. II *. m I.’ noon I P- m •/.:: London market close* from Friday night till Turaday morning. Canadian l'sclflc April n*t earnings In creased 1819,763. Chesapeake sad Ohio April net Increased llouthern Railway April net decrease 1193, 609. Money continues to return from 'Frt— No Increase In American Hmeltlng dlvl drlid expected now. AlaUnui Oreat Southern April net In creese 63,675. Wisconsin Central April net Increase twelve Industrial* advanced 69 per cent. Twenty active railroad* advanced 63 |>cr cent. ATLANTA CLEARING H0U8E STATEMENT fietnrday . , , Monday . . Thursday , , B' iii stall THE METAL MARKET. pathy with th* weehnna In the foreign market. Copper waa firm, bat unchanged. Spelter np 5 potato. I-ceil was duU. THE LIVE STOCK MARKET. By Private Leased Wire. fair; Isft over 3,444; bulk N-660663U; esti mated receipts foe tomorrow 30,009; light *SlSEj J*-8MH46; heavy 80 25ff4.U: ronjS'lOViMH.IO; pigs S6.Sp63K; yorkera 8*45614.60; good to choice Brav tSttle-Receipt* 6np0. »tsrket steady: Jl?! Helfsri foV.rk'e« i fJXs%.fe srssii rrt.WKtAxs mot. i. Mints. ciiWtr i*t o. itstii. a fit MADDOX - RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS S200,000.00 $500,000.00 ACCOUNT* INVITED. We sell the widely known and extensively lined Circular Notes and Letters of Credit of Thoe. Cook & Son. * . InOurSivIngs Department we gllow I merest tt the Rite of 3 1-2 per cent Compounded Seml-Annuilljr. HAVE YOU ANY MONEY AHEAD? Is It Invested where It Is perfectly safe? Is It available now if FORTUNE should knock at your door? Prepare yourself to take advantage of opportunity by Inveatlng -your savings In this bank, whare they will earn IVt P«r cent COMPOUND INTEREST, bo per fectly safe and arallablo practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL - . . . $500,000.00 Asa G. Candler, PreaidenL W. H, Patterson, Vic*-President A. P. Colas, Cashier. John S. Owens, Vice-President, Wm. D. Owens, AtsL Cashier. ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President A. E. THORNTON, VIce-PrstldenL H. T. INMAN, VIcs-PrtsItfenL OEO. R. DONOVAN, Cashier. JAME8 8. FLOYD, Ass’t Cashlsr. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. NOTES ON GRAIN Pointerg on Provisions Print* Wire ta War* k Leland. Chicago, tier 31.—Inter Ocean: Cash Ituainsoa In Chicago Tuesday wa* 10,909 bushels wheat, 176,090 corn and 119,000 oats. Tbt northwest sold 76,000 ants to the east. At th* seaboard 1-iportrra sold 36,009 wheat, 96099 corn gad 125,900 oath. Roland Rmlth, who la In Russia, „>• examined the wheel crop, and report* that tt I* damaged 69 par cent hy drought Id the River lion valley and Volga Illver coun try In Raatorn Bnoala. These, he osys, — the princtpel spring wheat province*, compare with the American uorthweot. Wheat field* that looked poor are going to make a good average crop, says Kraatns Roberta, of lVorls. "Oats through this •ecttoa never could be better. Corn baa com* ap splendidly. Jlay, I believe, wlU he * good crop, a* we hare had good ralna'' A report from Terra Haute, tad., says rain came too lute to repair damage to wh*9t crop. Sixty to aeventy-fiv* per cent of an average crop la th* beat ponthl*. Oats ware damaged hy dry weather, but It can he repaired with good weather. Deliveries of corn on May contracts Thursday are estimated at 359 000 to 600,900; Crop reports from Kensss—Coffee County: No rain for fire weeks; cron conditions be coming serious. Topekt: custom half of Kanu* suffering from drought: prolmhly half s crop of wheat. Wichita: Onod reins guarantee heavy yield of wheat; soft wheat ready to out Juno 16. Italn Is needed In a few sections, despite recent ahawers gloss the week averaged much cooler than usual, and the precipitation was exception ally heavy for th* ■eesoa, and In Califor nia. orer tb# greater psrt of which state the weekly rainfall ranged from one Inch to nearly four Inches. .The week waa aim unseasonably cold nnd wet In th* t)akata6 Mlnesota anil Wisconsin, freetlng tem peratures occurring In the Red River val ley of Ihe north and upper Missouri rat- ley*, with exceptionally heavy rain* In Kant hern Minnesota, In the fiouth Missouri, Central Mississippi aud Ohio vallsya, and In ths lower lake niton and Middle At lantic atatca. Tho greater part of tho week was much warmer than tbs arena*, but the last two days wars unseasonably cold, and light fronts occurred In the Cen tral Missouri aud upper Mississippi valley* and upper lake regions. The drought con ditions . which had liecame severe In tho preceding week, have lieen wholly nr large ly .rellercd orer * great pert of the are* affected. Drought continues, however, la il in portion# of 1 HlMlMlppI «n ■nd in war Ohl< rrlrato WIN to Glh«rt ft City. Chi mao, May 31.—Would buy wheat around 82c for it turn. Look# Ilk# aotn# sup port. The fine ralna throughout Illinois and In diana are likely to make oats work off a little more. Wheat opened lower with general cont- the decline. Pit crowd tiest buy : t2c for July wheat Lake. era on the dips. PHng^ Mddtog flklllrn ft llaiikln are the buyers of wheat. Wheat atlll to a position where It will rally easily. Nhort# In July corn ami Hopt#m!»er oatH have covered on a large scale, and for this son alone there should be a good set* K'c rk. RUNAWAY ENGINE CRASHES INTO DEPOT By Private Leaied Wire. New York. May Jl.—A powerful lo comotive, drawing four care, filled with pnanengsra, plowed Its way through the bumper, knocked down the Iron fence nnd brought up within a few feet of Ihe brick wall of the waiting room of the Long Island railroad station, In Long Island City, today. The engineer loat control of the air valve an he pulled Into Ihe station. There were no serious Injuries, FIRE CAUSES DAMAGE TO FURNITURE STORE WEATHER PERFECT AS A RESULT WHEAT WAS EASIER AT OPENING. The Pit Crowd and Commisiioa Houses Were the Best Sell ers—Corn Was Lower. Ily Private Leased Wire. Chicago, May 21.—There ware no firework* la May wheat, th* month closing win mat even as much as a ripple In the Mg pit ou Tlurage. The long* In that month fafiowet It downward, and tbl* movement c-iused some selling of the deferred months. Wheat closed !4©ffl4e lower for the day. Cora held up well, closing MOHc lower, oms t»tiS<‘ Off and provision* worn about sternly. Ilroomhall estimates the Argentine ship- menta__for the week st_ 2,OIM,OQO_ wbent and ___ __ ___ *•* | western" haff’.""ncfadlng Cnucssus, the - arid In centn satisfactory. Primary receipt* of wheat <*7.000; 1,178.300. against 1.916000 and 256000 re, lively a year ago. CHICAGO GRAIN MARKET. The Chicago grain market i lows today; i WHEAT— May ..'W”*' Hi 8 r 3 8 Si 80T4 43% 43 48% S3H 33% ii% 7,Va il,lr' :: ^ "'Miiik-** May ..16.29 18, July ..1610 16. Lard! 10 w * > W1# ,, ' n ' 4 Tl May ., July .. 8.89 .14% 14 36 It ' l)ES— Mny .... July .« 3.42% 3.4 Bept .. 9,33 9.9 *i!W • 30 W 9.35 CHICAGO CAR LOTS. Special to The Georgian. Naphvllle, Tenn., May II.—Thn Greenfield-Talbot-FInney- Battle Fur niture Company's large stock on Tblrd avenue waa badly damaged by fire to- “{be fifth atnry waa gutted nnd thn reat uf the stock, Invoiced at 161,000, waa damaged. The stock la fully In sured. Safe Cracker* Jailed Hara. Charles II. Clark and Thomas Naw- nan, the safe crackers arrested In At lanta a few week* ago on tbs charge of vagrancy, nnd later taken to For syth nnd Identified ns th* safe crackers for whom the police had long been looking, passed through Atlanta Thurs day noon en rout* to Dad* county to aerve their term of twenty years each at the Dade coal mines. The couple arrived on the 11:10 o’clock train and paid a visit to the Tower before leaving on the late afternoon train for the remainder of their Journey. discovered th* tombstone grandson, which bears tho Inscription: "Hare lias William Temple Franklin, born February 3t, 1763; died May 36, 1631. Grandson of Benjamin Frank- Jin." Today. Tomorrow, Wheat « 4 Corn t«* r.li Oita 2tl i» Hogs 33,009 39,001 LIVERPOOL GRAIN MARKET. Wheat opened U to 66e higher; nt 1 V) p.m., 46 to lie lower; closed un< imng<'il to Ifcc lower. Corn opened 16 to lie higher; a; 1:39 p.m . NORTHWEST CAR8. Following table gives Ihe norths oat ot grain today, l**t waek aud ust ye Dll J Tod»r * MSS*?. f Chicago ....... 33 PRIMARY MOVEMENT. ~! Thu following #how# th# primary ramt of whrat, rorn nml oata: Wh#at-*!(r<'Hnt# 547.000 I.u'hH*. naalnxt «V»»j liunhH* laat mr: aliliunnntN iM.ouO nahHa. against 304,nna liuabrU l/rnt yM»r, rorn—R#<*#lpt# 1,178.000 UnaliHv nuiilnat 1.208,000 liaabria laat year; ablpawntx i.w.- SOUTHERN EXCHANGE Oldest Ettabllahed Offlco Routh. COTTON STOCIS BONDS Will Ground Floor Gould Ilulldlng Dwlly market letter and market manual mailed on application. LJ. ANDERSON ft CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $150,000 KCFKft KNCK, THK NCAL BANK PHONE MIT. PRUDENTIAL PL DO HUBBARD BROS. & CO MERCHANTS, Atlanta Office#, 219*231 Century Building. .Members New York Cotton Exchange, New Or- lean# Cotton Exchange, Liverpool Cotton Aa* •octotlon, Chicago Board of Trade. Builne## solicited for the above exchangee. Direct wire tervlce. Correapondence invited. Phone 454. Long DUtance 39. B. W Martin, Mgr. ware: a letland , COTTON, CRAIN, PRpV/SJONS, STOCKS, BONDS, •#. 2 ITa!l St., ftltrt Baitdhg. AfUatt. fir CbUtga Bond tf Tndt. Ch(jga Hoik liihongt. Now York CoHoo iiihoooe. B. C. COT UK AN. Htksoor Sloodord rtli PIEDMONT BROKERAGE CO.. (Incorporated-> Baaement Floor Piedmont Hotel. STOCKS. BONO#. CRAIN. PROVISIONS. INVESTMENTS. Fast Wire 8ervice from Naw York, New Orleans, Chicago. CORRESPONDENTS M J. SAGC A CO . AZ BROADWAY, NEW YORK, roar. MOTH. Mooogtr. Lkitlt'dL0*1 Dutooit Boll BUooo 1391.