The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 02, 1906, Image 15

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THE ATLANTA OEOROTAN 15 \= MARKETS Edited by JOSEPH B. LIVELY Mr. Lively lias edited Markets in Atlanta and the South for more than twenty- five years. His experience makes him tlie most reliable market editor in the South if not In the entire country. STOCKS OPENED AT HIGHER PRICES initial gains banged to OVER ONE PER CENT Market Was Generally Dull and Reflected Merely Operations by Professional Traders. New York. June 5.—A very sharp rite In St. Paul stork gave considera ble of an uplift to what promised to be a very dull and stupid stock ex- chans* session this morning. It was generally assumed that the rumored plan of financing which substitutes pert bonds for all stock Is In the main what the St. Raul directors will ai>- n.l fn>ni this, two Inferences favorable to an advance In the shares were drawn. On the one hand, It was reasoned that the market would have much less new stock to nbsorb than was expected: on the other hand, it was thought possible that a short In tent made In anticipation of a larger share Issue had been placed by the new devlopments In rather an embar rassing position. The 3 points rise In St. Paul, some special buying of Colorado Kuel, and the manipulation of some of the minor specialties, Im parted a strong upward tendency t( the entire list, which. In the first hour and n half, carried prices sharply ward. Poliowing the bonk figures, the market grew dull ngnln and lost ground In some directions before the close. Cash holdings showed an In crease of only <1,100,000, and while the loan Increase of <3,100,000 was very moderate, It left only a Blight addi tion for surplus reserve. It wu real- lied. however, that the actual figures represented the situation much below the true strength, and the bank state ment could hardly be said to have much Influence. STOCK SALE8. MARKETS FOR OPTIONS TAKING A HOLIDAY JIAftKKTH I'Oll OPTIONS The speculative cotton markets of the world ere closed today, no nows of any character' ltefug sent out from these con- "the spot markets, In the absence of nows from the leading hulls and (tears, nominal, with an eaaler tendency. The Atlanta market la quoted at 10!4c for inlddllog. MONTHLY STATEMENT OF MOVEMENT OF COTTON Tto<* monthly statrinent of Secretary Hm ter gtre* the movement of cotton into tight tor liar and tho total from September 1 to Hay 8, Inclusive: The amount brought Into sight for the month of May was 432,575, ngalnst 728.997 last year, 190,171 In 1904 and 334,311 in 1903. From September 1 to May 31 receipts At the ports were 7,439.164, against, 9.107,740 la it veer, 7,002,972 year before last and 7.590,l» nime time In 1905; overland across the Mississippi, Ohio and Potomac rivers northern mills and Canada, 886,«95, “ear, 890,676 year be- same time lu 19)3; 000, against 1,803.000 last year, 1,664,000 yeai before last and 1.692.000 aaino time In 1903: ami Interior stocks in peccss of those held last and 24,259 name time These make tho totnl movement of tho rot ton crop brought Into sight during tho nine months ending close of May, 10,393.403, ■gainst 12,263,445 Inst year, 9,684,697 year before last and 10,352.431 name time* In 1903. Northern spinners took during May S36.I64 bn lea, Rgalimt 159,726 Inst year ami .V2.4.V) year before last, increasing tlielr totnl for the nine months to 2.176,866. ngnlust 2.080.395 Inst year nml 2,003,715 the year before. This make* their average weekly takings for the neaaoa 65,817, against 63,340 last year and 51.272 the yeer before. Foreign exports for the nine months of the season have been 6,920.667 bales, show ing a decrease under Igst season of 1.666,961 sud sn Increase over the same period year liefore last of 241,790. Stocks at the seaboard and the 29 leading •cuthern Interior markets on May 31 were 795.211, agalnat 877.422 the same date last year and 412,198 the year before. Including port and Interior town stocks left over from the previous season and the number of D6ne of the current crop brought Into sight during the nine mouths, tho •npply nae been l'T.837.934. against 12.426,- 412 last year and 9,852.496 the year before. Cp to May 31 Inst year 90.40 per cent of the cotton crop had been marketed, and for the same nine months In 1904 the per- centagi* of the crop brought into sight **» 96.74, sud for the seme time in 1903 the percental#* marketed was 96.50. TOTAL WORLD'S VISIBLE SUPPLY OF COTTON RANGE OF NEW YORK STOCK MARKE Amn lgatun t *»d (.'upper...... Atlantic Coast Line. American Sugar Iteflnlng., Ob-n 1 do preferred American Smelting Iteflnlng do preferred Atchison do preferred American Cotton Oil Baltimore and Ohio.. Brooklyn Bapld Transit Canadian Pacific Chicago sud Northwestern... Chesapeake nml Ohio Colorado Fuel and Iron....,., Central leather do preferred Chicago and Orest Western Chicago, Milwaukee and 8t. Tanl . . Delaware and Hudson Distiller's Securities Eric # do preferred.. General Electric I 111 nols Cen t rsl ******* * * * * American Ice Securities. , * Louisville and Nashville ' Mexican Central ...... Missouri raeffle.., New York, Ontario and Western National Lend Northern Pacifle., , . New York Central ** ** Norfolk and Western.... Pennsylvania People's On# Pressed Steel Car do. preferred Pacific Mnll Reading ......I...... Republic Steel , Rock Island do. Southern Pacific., n Railway preferred.. r'KiHB-rmefTleld Tennessee Coal and Iron Vnlon Pacific.. United States Steel do. preferred Vlrg preferred........ Western Union... Wabash do. preferred Wisconsin Central do. preferred High 1 Lo w, | Cl ose 1 1 Bid? j Clo re 1"'T% l'*% ITS l"' ; . I 1 ' 1 . 1 '7\ 141 ! I4H IIS 14S i 147«, 147% 1354! is% 1254 125V 135*4 i 136% 267 , 268 266%' 267 267% 2S»% 70 70% 71 704 70 .....T| .TtlliH in 154% 155% 154% 155 154% 154 I !i»% liftt 69% 90 I 89%| 90 89% 19% sis 1 n% ii% n%\ 31%: *i% 106 106 1« 108 I 107% 1"7% 82% 83 62% 83 ! 824 83% 160% 160% 1*>V 16"% 1604 10u% 203% 206 • 203% ?«% 5S4 59 5*% 5*Y 584 68% 68% 59% 68% 584 65*4 68% 42% 42 4J%| 424 41% is% ”ii% “ 1704 212% 46% 71*4 1694 Ki'4 1/ 62% 61% HI***. 149% 234 22 96 94% 61 61% 76% 2114 21-'% 139?, “ WEATHER IN WHEAT BELT. Extreme Northwest—Partly cloudy, 42 to 68 above. Northwest—Clear and generally warmer; 60 to 60 above. West and Southwest—Generally cloudy; 50 to 70 above; general rains. Oklahoma—Now raining at Dodge City and Wichita. Ohio Valley—Clear, 62 to 70 above; general showers. WEATHER FORECA8T. Georgia—Showers Saturday; cooler In interior. Louisiana and East Texas—Showers Saturday and Sunday. West Florida, Alabama and Missis sippi—Partly cloudy Saturday; Sun day showers. West Texas—Fair Saturday; warm er in north; Sunday fair. Arkansas—Showers Saturday and probably Sunday, Tennessee—Fair Saturday: warmer In east portion; Sunday partly cloudy. Kentucky—Fair Saturday and Sun day. , - The world's visible supply, according to K^rettry Hester, shows a decresso for the *e*k of 17,697, ngnlust a decrease of 67,637 latt year and 123.242 in 1904. • ■•ml Mull.!#* supply Is now 2,74*.321, ngalnst 8.586,018 last week, 3,874,662 last year and 2,4*516 In 190t to»t year, and 1.414.513 ; all kinds. Ini * 1.496, WO, I J* 1 Including F-i agsinst 1.—..— .— 1.346,000 last year, and 1,081,009 year beforo with last year of 126A31. and an Incresse canpared with year before last of L252.808. Of the world's Ylulble supply of mttnn as - f:-*r*- Ik now ufloat and Imtd in Or*-nt Ratals nml continental Europe UH.810, ■gainst 1,927,000 last year, and 1,445,000 rear "fora list; Id Krrpt 86.400, .pin* 1TO.OO iS»»U^Xra* t: .i3 J 5 -*® year before last, and In the United SSS» %*] ' COTTON SEED OIL Opening. r, 7ssr« Gibert A Clay’s Daily Market Letter. Chicago, Juno 2.—-Wheat—The mar ket today was devoid of any now fea ture, being purely a local affair throughout The opening was a frac tion lower, due to selling by commis sion houses, but as a good demand de veloped immediately tho market turned and advanced quite easily, shorts and local traders being the principal buyers. The nows from the southwest was rath er conflicting, but as a whole of a fa vorable nature. During the latter part of the session the local crowd, who bought freely around the opening* were taking profits over Sunday, which re sulted In the market easing off a frac tion, Anally closing steady. Looks as If nothing more than a scalping market will be experienced during the imme diate future. Corn—Reports of Improved cash de mand light, and buying by the same interests who have been so prominent on tho bull side of late, resulted In ths market scoring an additional ad vance and ruling Arm throughout As we bailors the recent advance has been brought about by money and muscle, and os a majority of shorts have been run in, naturally feel that the market will now have to adjust Itself on supply and demand basis, which will mean lower price* » Wars A Lslsnd's Doily Market Letter. Chicago, June 2.—Wheat—Belling ap peared early on fine weather in the northwest, but offerings were well ta ken. ns thero was considerable talk re garding damage in Kansas, as well os from Texas, with later reports from those states confirming them, os well as from Michigan. A report sent In by a crop expert was regarded as bullish, although there was some conflict of opinion, but the strength In coarse grains, as wall as ths expectation of not less than 1,260,600 bushels decrease In ths visible supply were of bullish assistance to prices, although many op erators were disposed to even up their trades over the two holidays, while be lieving that higher prices will be wit nessed. The undertone to the market Is strong and whenever bearish pres sure is applied we Would favor pur TIPS FLASHED From Wall Street Co.: "Today's market mny be degree influenced b * tsry conditions, but ... moment does not warrant an active up turn throughout the list. m '—* mental Influences are there Is no leadership ol ■ wide support to the list, sod there Im evi dence of « holding back policy on the part of larger interests, which may mean a heavier market uext work. The action of larger corporations in Increasing their capital obligations appear* to require fur* be^dUregarSS*"* ** fore Influence can Daniel Odell A CaT __ covering movement started noon seems likely today In tho stock mar ket, which gives some evldenco of being oversold owing to the limited offerings of securities, and we soe no renson to change the conservative bull position. Nows de velopments overnight nre not of a porn- mount Importance, but they all tend to strengthen tho optimistic fundamentals ac cording to oor calculations. The outlook for a good- bank statement today is ve bright and easier* money next week „ probable because of the increasing Frisco Now York, June i—Town Topics: view of tho outlook for a favorable bank statement we expect the market to develop backs to bay the better class. ■■■ every reason to expect mnterlal Improve- _ nt in ralncs and a broader market next week. Stock# are in strong hands, rind Southern railways will do better on the belief that next week's cotton report will be very favorable, and among three Lou!*. ‘ * iwftinj Railway Villa and Sonhvtllo and . should bo bought. We nre bullish on Cop per, and while tho stock baa acted In rather an unsatisfactory manner recently, wo advise Its purchaso on nil soft spots. The upward mm In < >l<»i ado \ u-l nnd Iron will continue, nnd American Lo comotive lg booked for higher prices, while purchases ou declines or Union rnrifle, Southern Pacific, Pennsylvania. Norfolk, Baltimore nnd Ohio, Smelters and the steels should show good profits." on Atchison, si- QD nuv. “W. haUava lit. Paul w(H do liett.r. "flourcM that have teen hnlllne I'n.l nine It ora. 60 ae.ra unchanntf In tn.lr portion. -Homo .ttrntlon abould b» xtr.n to tbs ball aid. of <-nn.olld.tsd <:««, wboM abort- tre la Tory large. "Gris I. In « poaltlon to ndranc* aaverel point, whan Morgan lnt.ra.ti «rs ready, "Ils.illnr I, In tb*. trading noaltlon, .1111 ■round 1C. But issuing to dael - __ tin to nor union — 1 Il.l support on decline* "A tip to hoy Union Fsclflc I. notsd In "imnun bonis. "’okra I’mdds .t.tsm.nt tra. con- aldsrad cood. Und.r this slrramstsnsn It son Id bs pat to MO Mstly If tho pool I. ebssos of July and Bsptsmbsr. Corn—Trade win rathsr Ilgl*. ™.n. but commlMlon liouso buying ecllposd tho .slllnc, and shorts covered duo to urgent demands from shippers and talk of country acceptances belnx quits light. Top prices wore not sustained, as considerable renllzlnx took place and late In tho day It was reported that Missouri river points were selling quite freely hero that would Indicate a bl, movement next week. Crop prospects are flne. and we would favor sales on all upturns SPINNERS’ TAKINGS OF AMERICAN COTTON ths Secretary Hester's statement world's tsklnss by ths splnoera world follows: Darin, tho week S0M00, • saint 231,000 taklnn amount to jMlnst MM Met year sod * Northetm Spinners and reseda took of tbl. .mount pilJOl lulls, tht. yrar, .(.Isit BS •flint C—o.ooo i..t ye»r before. •• k. ALABAMA AT. GIBERT & CLAY STOCKS. BONDS. COTTON. CHAIN. corree. .sovimono HCHSf.i ATLANTA. OA. New York Stock *ich»of*|New OrI*«n« Cotton Kirh«n*e ;Clilraro no<ird of Trade. :■'* Tort C.,tM ri?k.n£ N>W Orle.n. Hteek Excb.n.e■ Mrerpool Cotton A"”™™ New York Coffw Exchangc.|Now Orfcan* Board of Tra-D utliaUS OMus Exchang* Private Wires to all Exchanges. Ltcal and Long Distant* TtlspHona 5291 W. willing to take tbs 151 !«v*l stock. — lostMM Is r unw Btesl, .as ru- aporti i is « ATLANTA CLEARING HOUSE FINE WEATHER WAS AND THE WORK IT IS DOING! ft BEARISH FACTOR PHOTOGRAPH OF CLEARING HOU8E IN 8ES3ION. At head of table—The manager. On his right, J. 8. Kennedy, Rudolph Gels.t.r, J. V. Dunlap, Lts O'Brien. On loft—Tony Murphy, Bob Meador, Barrett. Standing, left—Purnell, Frank Berry. Picture taken about 1898. CAUSED AN EASIER AND LOWER OPENING. Batch of Bullish New, Later Steadied the Market—Closed Slightly Higher. Tho Atlanta Clearing House Association was among ths first business organisations formed nnd successfully operated in At lanta. In 1891 Its first meetings took place, but It was a crude beginning, and without n permanent head—that Is, It was to opera tion for some tlmo before a manager was __jk handlli two weeks, ono of the manager. Paul Romnre was Its first president. In 1693‘Its usefulness to the banking and business interests of Atlanta was brought prominently before the public. It will be before ■eniembered that 11 lanta had Ite "blael week." when a wave ■UUI niu IU wen. wurn of crime swept over the city, a prominent national bank going to the wall through a heavy shortage of one of ite eraplo: «... j 0 g the doocf 0 f ||,|- ' icky conditions, and the "y feared. In led, that their de- caus'd pm of the ba— «. dteinent, that previ load w .L-v-, nun (RMPrunn nnd other failures. The clearing bouse decided that Imme diate action was neeeaeary for the relief of tMe bank that had already experienced trouble and at a meeting supposed that tho Issue amounted to least n million dollars. In reality 3128.000 covered tho »mount of the Isaue. They were redeemed tho first .week In November. Tho notion of the clearing bouse had saved the day for Atlanta. H. J. Lowry was president from Septem ber, 1892, to September. 1893, nnd It was during his administration the certificate# were lnsnrd. They were redeemed under •u°eeedec| I! ilJ? , Low ** T * U ’ NenI * Wl10 ,U l)srwin U. JoftSt'tlM well-known l»ond and stock broker, was called In to take charge of the (sstilpg of the certlflcatea. Hn wee later elected mat altlon be has continuously __ tlon of manager completed the permanent organisation of the Atlanta Clearing House Association. It started Its useful career by eatiefac- torlly arranging the affaire of the closed bank, all the depositors being paid In full. Confidence was restored as to the stability of the remaining banks and bust- mn* began to Increane to sn extent much ond their expectations. I clearing# for 1905 show in Increase The Tsowry National bank Is sanding oat a folder, containing some valuable In formation as to Atlanta's progress, from which the following Items are taken: l'reaent clearing bouse baoks of Atlanta, showing capital, surplus and profits, A..ill i. 1-rfW Hurnlua and . profits. Atlanta Natlonnl Bank $ nfl % 145,161.4 Lowrv Niitlminl . M ink l-'ourtii National Jlank.................... Maddnx-ltucker Banking Company...., 'i'lio Neal Bnnk Third National Bnnk Central Bank nnd Trust Corporation.. Total .....13,185,417.60 12,620,806M Total capital, surplus and profits, ll9fi.... $2,979,271.44 Total capital, surplus and profits, 1906 4,106,223.11 Increase In ten years..,, i of Atlanta shown In figures: .■ecelpts for year ending ,*— receipts for year ending Increase In ten years Progress i _ rostoffice receipts for year ending June 10, 1895...., Postoffice receipts for year ending Jane 10, 1906...., Total deposits of banks In Atlanta, April 6, 1896..., Tout deposits of banks In Atlanta, April 6, 1906... Increase In ten years.,.. Total bank clearings for year 1866 Total bank clearings for year 1906 Inert... la tan yt.ra. I—In, l For tb. Drat flv* month, of MO, elMrion «rante F»i,S31,Ml.f,l, .nlnit 171,611,(ul,3 JjFtl ib^moio time In UM—.0 locrMM of ^^f’dSiarinjni k far In UO* .bow an In. cmw of over tbo total for tb. ratlra r«ir In 1048. 1KO, pertn.uent or.nnlratlon twin, <f. >1 In Aa,,iat nr tint year, tb. clenrin.a ■ninuntnil tn 100,763,011.11, While In MM th- lotol r,KitMl up <M,6*a.»21.M, a falllo, off ear <<,106,000, a. n (llrant rrauU „f thn ■o^f eondltloo. dorio, tbs Inltsr part For thran ’ year, tbs baok. bad amootb •allln,. ranb year ebnwlo, n satlsfactorr lorreaas In tbn rlatiinia. When, In MM, s deersnas of M0.300 under thouKh no reaaou could bs •lump. With thsas two axeaptlona tbs rlsarinn hors shown rontlnnnua Incrraaea, tbs amount Krowln, steadily l.rier each year, until from 160,713,,1L1J In IMS. they ehow In lOfl th. pnorniotM ram of <1M,(2,64(.M, or tl2<.S71.733.aS liter,'nae. The -Vleurlnpi” do not by any meana reprrwnt ths vuloma of btlafnrsa done, as many auppoa., Thty afinply renrsaent tbo amount of local checka which banka nre conatanlla, ■MjMMMrh otter, on dapoalt and B onrlh National—Was American Treat nnkln. ComiMnt. ■ Maibliii-lluckrr llenklnc Co, Hnutbern llankln, and Treat Company, MbH^p ana nankin, 3. Nii,I l.'.nn nnd nankin, l.-ompany. 0. Third Natlnual—Waa Atlauta Treat pad Baskin, Craw.ay. 10, Fidelity llankln, nnd Trait Company. NEW YORK BANK STATEMENT. Now York, Juno J.—Ths atatsmant of tho Now York associated banka for the wo«k ahowa ths following chnngra: Reserves, Increase. < 131,176 fhry ara drawn do not paaa tbrouib tha cfsarin, Ths' officer, are cboasn to teptamber of M KollnwtnB la a Hat of tbs president! and Tics problems from 1M1 to 1(06, Incinslve: Proaldsnt. Vies l-reeldent. 1861—P. Itomara (dec.) K. ]. lowrr. 1803—Robsrt J. I/iwrr„............1.. J. lllll. 11366—T. II. Neal Meo.)....J. II. I'-rter idcs.1. PO.-J. I|. Porter <dtc.l..Ueo»e W. Parrotl. 16(6—J. W. Kn,llab...W. A. in-inplilll (dee.). lkss-W. L. peel K ii. Thera tea. lsrt-Prank llawklna.Ueor,e It. petenaeurei MM * ' lisas T. I>. klrador re (d#c.)....C. a. Collier (dec.) r. Orme 1. K. Oitley. Idian., Increase.. Hpeels, tnersaas., ,, Lsffnla, decream.. Depoalta, Incream.. . Circulation, dscreaas. tUUM I.IK.600 ((7,(00 4,019,300 96,700 COTTON 8EED OIL MARKET. mu. 1(03—John It. Ollier. 12?::. jh. wiiipfi .IlolM»rt P. Maddox. Joseph' A. MrConI. Oaorgi It. Donovan. „(1..Chariot E. Corrlsr. Jrwln lisa been treasurer Since 1893. Following t la_* J ofjha AtlanU Clear- Was Irowry Ranking Ing House Association f. Atlanta National. 2. liowry National— : ra«. City hank. 4. klerehanta hank. "(itUS Interests seem to b. hulllo. Car and Foundry and Pressed Hteel Car. "bow priced atorka are aehednled to be taken up next week, wo undents ud.” THE CHRONICLE'S CROP ’AND WEATHER REPORT Our telegraphic reports from tbo lloath today are generally of a, more favorable tenor. Uatn tee. fallen In most sections where needed nnd temperature, bars beer quite eatllfueiory on the whole. An | m provemaat In the erop la referred ro by rams of oar correspondents.—Ware A Le- TENDENCY DOWNWARD IN NAVAL STORES MARKET baa •hows tho mb* downward tandeacr which baa been la evidence aimoat aloe* Ike opra- lar of tte aam. The piieo at tte am- » of the week wu 6M4c. aad at The rlose ■ . Taere w.a on. rally, brought alwnr Ty manipulation, aad which only lasted aver sight, home'of tte f.rtora think that tte end of the decline baa been reached. While other, kwh tor 1 farther dwdlMOf at least (4c before any real ImprnvMBmt la to Iw noted. The narkri la beta, con- ( BaaaUy thrown lau renfnalon by th* damp- In, here of receipts which bar* Iwen nn- aataMe at Jarksonvlll. aad have been re- “wjSe“;? • b. ratppe R. FAGAN, M«a*B*r. fre-ry-^davd.- rect from the country, the market waold b. aide to ateorb Him at prod table Bgtiree far tte Pfodaeer. . Tte nala market has aleo shown a de- {Bala* tendency, split prim Mac the rule for tte VMk. .An the week rime. the. ten- fSttuw"' It wu at this time laat year. HAVEYOUANYMONEY AHEAD? I, It Invested whore It I, perfectly safe? I, It avallftblo now It FORTUNE should knock at your door? Prepare youraelf to take advantage of opportunity by Invoatlnx your aavlnga In (hi, bank, whero they will earn 3% por cont COMPOUND INTEREST, be per fcctly safe and available practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 Asa G. Candler, President. W. H. Patterson, Vice-President. A. P. Coles, Caahlar. John 8. Owens, Vice-President. Wm. D. Owens, AsaL Cashier. their prices and are itefug i liveries on old contracte r current wtthts. i Irsvre esch nnrulnslly unchanged hut -.-ijjjr hfW. Nothlug U doing Jn er wblrh Is nearly marketed, sn%,- i.clng nominal price In the southeast. Then* wa# some buying of spot* at the closo nnd prices were unchanged to %o higher.—Waro STATISTICAL POSITION OF COTTON JUNE FIRST lowln, I. th. suti.tlc.1 pmlttoo at cattun ou June I. a. mad. up hr tb. New York Financial (.‘hrnnlcl*. a. received over I vale Ic.Hd wire by Mmara. Ware A This w-k. teat w"k. teaty-v Visible npply . 3,734JS3 ' fnq. In al,ht For week Port receipt. Htoek I'ntMlnf raciripta BUesSSt. mm % ■ IM.M Ml,<76 "Baaboard aalea war. 80,000 wheat and i:i,000 oata. "Charters were made here for 116,000 corn at I l-4c to Buffalo, and 100,000 Chicago, June 2.—(Vlicnt closed 1-9 03-3c higher. It was held up by the bull props. The strength In corn waa a help. The trade in the wheat mar ket wo* Impressed with the Idea that the Snow report for June was a bull ish document, but thin wa# not the cane, an It Indicate# a crop of 450,. 000,000 winter and 200,000,000 spring wheat, or a total of 750,000,000. Oats—Trade on the whole was rather tame, yet there were moments of great atclvity In all the pits. Corn closed l-8(Tl-4c better and oats wars up 1-tOl-ic. Ifogs products were off 7 1 -2fT 12 1 -2a < * ■ I -»1 M.ilci Met. V0.J-,. 15,000 Wheat, 126,000 com and 260,000 oat#. At the seaboard they were six host load# of wheat, 2 of com and 80,000 bushels of oQts. CHICAGO GRAIN MARKET. WHEAT- d:: 8ft A :: 2ft '"oATi-^ e;;l DOUFt- July ..16.00 Hent ..16.90 LARD- : :! § Oct. ..9.15 HIDES— July ..9.05 Kept ..9.06 Oct. ..8.75 Illgb. 81% s-4 «o% 414 54% ■ m !5:J3 u I 1.00 . I 3.97% 1.75 Low. Close, do 47% ■ 33% ISls 1 8.50 L IW, 8.56 CHICAGO CAR LOT8. Today. Tomorrow, Wheat 13 Corn 2T..I i Oata iso \ llOgS 16,00) 4.5,'CW NORTHWE8T CAR8. ' Following tablo gives tin- northwest e#rs of grain today, last week nnd last j-esr; I i\*t l.ast Today, week. Year. Minneapolis 172 315 Duluth 27 26 16 Chicago 13 Sr 2 PRIMARY MOVEMENT. Tho following alio ment of wheat nnd Wheat—Itecclpt# SW.Oijij bushels, ngnlnst 319.000 bushel* lout year; Nhli»ui<‘tit# 29^nu0 bushels, against 1*1.000 hustir t'orn—Iterolpt# l,10).ono i.u 433.000 bushels ln*t rear; shl budhds, ngalnst 556.VJ0 biiHlic tho primary more- last year. NEW YORK COFFEE MARKET. The following table gives the opening nnd > losing quotations for for future delivery today lu New York: open. Close. e.46 6.56 4 40-6 46 H 66 g.ra «V504.66 January •< l I'bi-unry March ... April ... May ... June ... July ... August ... Heptember October .. November Jecember •>-6.« . #5 i'» Hi) h.« 4.70 I H7.i(lC, «. 70-8.76 I ,6 96 HP) ti.90-4.96> ti'Art.jR 6 96-6.90, , fi.tA6.ir. H 004.06 . fi.15 6 20 fi.I0-6.lt - vzin :* a.ia-4.20 | SOUTHERN EXCHANGE Oldest Established Office South. conos—- noctt—win—sun OrnunS floor Ooulfl nulMIng. Dally LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, BRAIN Cormpotdint's CipNtl $250,000 RCrKRKNCC, THE NKAL ■ PHONE MIT. PaUOKNTIALI ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER. Pre.ld.nL A. E. THORNTON, VIcc-Preald.nL H. T. INMAN, Vlee-Pre.ld.nt- GEO. R. DONOVAN, Cuhl.r. JAMES 8. FLOYO, Aa.’t Caahl.r. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. " V ■■ I HUBBARD BROS. & CO miKi, Atlanta Office., 2H-R1 Century Budding. Member. New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton As sociation, Chicago Board of Trade, fluaincaa toll, iteil lor the above exchangee. Direct wire service. Correspondence Invited. Phone 454. Long Distance 39. B. W Martin, Mgr. MADDOX - RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS . $500,000.00 ACCOUNTS INVITED. We Bell the widely known nml extensively UBed Circular Notes and Letters of Credit of Thou. Cook <fe Son. * In Our Savings Department we allow Interest .tthe Rate of 3 1-2 per cent Compounded Seml-Annuillf. ««* O'/fdffi ware: a lelano COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Ns. 2 Will St., feltn Building. Atlssta, Os. HlMBttS: New Ysrh Cotton fiehsng*. New Orlesm Coltss Ittkaoge. Urorpool Colton Aito<lolloo. hlioto iVires to New York. New Orleans, ChUsgn Bell fbone 1262. Chicago Board of Trodo. Chicago Stock tachaogo. New York Cottoe Itchon* hangs. Standard f hone 234. PIEDMONT BROKERAGE CO., (Incorporated.) Bas«m«nt Floor. Piidmont Hotel. STOCK*. BONOS. CRAIN. PROVISIONS. INVESTMENT*. Fast Wir# Servics from New York., Mew Orleans, Chicago. CORRCIPONOKNTS H. J. SAGC A CO . A* SROAOWAY, NEW YORK. 10W. MOUl. Mntager local and Long Distance Bell Shoos lift.