Newspaper Page Text
THE ATLANTA GEORGIAN.
11
\=
MARKETS
Edited by
JOSEPH B. LIVELY
Mr. Lively linR edited Markets in Atlanta and the South for more than twenty-
fivo years. Ilis experience makes him the most reliable market editor in the
South if not in the entire country.
GOVERNMENT REPORT
ACREAGE AND CONDITION
REPORT BY GOVERN MEN!
CONDITION 84.6—ACRES PUT
IN COTTON 28,686,000.
i compared nlib the total estimated ftcro-
Market Responded, Scoring a
Sharp Advance After the
Report Was Issued.
nr Prtrote Lrerad Wire to Glhtrt & Cl»r.
New Drifting. June 4.—The cron reporting board of the bureau of statistics of the
department of agriculture, from tfi* reporta of the correspondent# and ageuta of the
bureau, points tho total acreage planted to bo about
about 1,686,000 arres. or about 6.2 nor cent ns .
age tdnuteil lust year.
m Tho average condition of the growing crop on May 25 wo* 64.6 aa compared with
T7.3 per eent nnd k\ per cent at the corras ponding dates In 1905 and 1904, and a ten*
year average of 81.9.
I'nil.mki* la the pereentxge of average In tho different atntoa of tho United Rtatfi
as compand with that of laat year:
Aren planted nnd to be Condition aa com*
planted In 1906 ns com- pared with prom*
. I <1 Willi that plant- * * "
ed In 1905.
Per cent.
Statei
•s’t’d by I
Today the government report
■crease and conditions was Issued.
Traders were In considerable doubt
as to What the figures would be, and In
consequence the early trading was fev
erish with trade active.
New York was the only speculative
market open for business, both Liver
pool and New Orleans being closecL
aT a result that market reaped the
benefit of the Increase In trade that
naturally follows tho Issuance of a
^Prices'aMheopenlng were Irregular
Initial trades being S points lower to 6
iH>lnts higher, tho nearby positions
showing the decline, while the new crop
positions wore firmer with business nc-
llV c e : D. Freeman & Co. of New York,
In giving early Information on the
" “The market Is rudderles today and
local traders are covering on thetheon
that tho bureau will not reflect the true
acreage and conditions, and If It does
the market has already discounted It.
on the other hand, the leader of the
bull party Is playing for n position, nnd
If we have a break he Is likely to ap-
t»enr as a large buyer. If, on tne con-
trary, the market rallies on false fig
ures there will be heavy selling, pos
sibly from the same source, surely
from the room traders and tho country.
from the room traders
Speculatively considered, I nsk our
friends not to sell the market if It
breaks, or buy it If It should Jump
"promptly at 12 o'clock the report was
Issued. The local exchanges were
crowded with out-of-town visitors,
here for the purposd of being In touch
with the wires Immediately the report
was Issued. They were a Jolly and good
humored set of representative men
from the out-lying towns, a majority
being directly Interested In cotton,
either spinner or spot Interests.
The condition report was posted first.
It read: "84.6.” Last year It was 77.2.
In about a second the acreage report
was Issued. It read: *'28,€8f,000. L*it
year’s acreage, on June 3, was •.8,1-1,-
ooo. The acreage was later revisjd, and
on July 26 It was given at 2 8,999,642.
"That’s bullish.” was the opinion of
the entire crowd, though all ac***a the
acreage was too low; and, while the
condition figures were considered fair,
a great many thought tho condition
was nearly 86. _ . ...
•However, the market responded with
a sharp advance, the entire list partici
pating. and for a few minutes consid
erable excitement prevailed with fluc
tuations covering a wide range, hut
later the market settled down to busi
ness In a quiet way, the course of
prices indicating that the report was
discredited by the best posted people
in the speculative trade.
By Private Leased Wire.
New York, June 4.—After the publl
cation of the report, business became
active and prices advanced 12(916
points. At that level, nowever, the list
became very Irregular. Tho crowd
figured the condition as about right,
but construed the estimate of acreage
as bullish. Room sentiment was very
bearish, and as soon as the first wave
of buying orders had subsided, strong
pressure was brought to bear, forcing
prices off about 6(?6 points. Trade
was tho heaviest In woeks.
Messrs. Wire k Leland, Id their review of
the cotton market today, say:
Now York. June 4.—“Tne first government
re|>ort of tho season wns received today
ami was hardly as benr!*h as many expect*
oil. In many respects tho figures on acre
age were distinctly disappointing, while the
condition was only about tho ten-year aver*
sge nnd not at all such ns would lend to
heavy short selling at this season of the
year. Many were short on the exportation
of a larger scresge and this started short
covering after the report was received. In
a few minutes prices ran up 12 to 14 joints.
ifter which heavy selling by those who had
covered censed s setback to within a few
points of the figures prevailing before the
Hfures were received. There seemed to be
considerable demand for cotton on tho de
cline nnd It Is a question whether there Is
enough bear ammunition In the first gov
ernment report to caubo very much of a
break, now that the Market IK down some
3o points on the new crop nnd SO or 60 on
the old. It le more than lively that Liver-
a steady two-sided market will result
•onis time now. Weather Is satisfactory,
which will In Itself prevent much of nn
8POT COTTON MARKET.
Atlanta-Quiet at lie.
New York-Quiet at 11.30,
New Orleans—Holiday. ^
Liver] tool—Holiday.
Augusta—Steady at 11 Mfie*
Havannsh—Normal st 11c.
Hr I.ouls—Steady at UHc.
i harlestos—Nominal.
RANGE IN NEW YORK COTTON.
Tho following: I. tlio range In cotton
future. in New York today:
Loat Prerlont
, Open. High. Low. Male. rime. Ctoee.
Jon. .10.,7 10.47 10.17 M.4T UJM* 26.4*47
J'lly .10.46 10.67 10.44 IOC 10.C43 10.Mil
Jog. .10.66 -0.55 10.66 10 40 1 '.44*1 16X6T
jh-lit .10.30 10.46 10.30 10. ir. 10.44-45 10.3S-:
.10.60 10.60 10.33 1 i.40 10.40-41 M.r'
kor. Iiojo IS43 m gB
l»c. .10.36 3*Ji 10.t
. 10,43 10.4445 10.61
i«n. .10.40 10.64 10.66 10.46 10.47-44 10“
.l«Jt ioiio MJ6 10.66 164743 jftfHl
*r.V -10.47 10.61 10.46 10.46 M.64-64
_ TODAY’S PORT RECEIPTS.
Tie following tnblo .how. reeelpt. nt the
Ct Itr*’ cuml ’* r * d wlUl <lle ,iat 11,1
!•» Orleene
£• '"Mon
■'►bile
J**tnnah
Swrle*tou‘;
jllmlngtou
{•ffolk ..
■•ltlmore
York
■otr- — 1
Ml.
jjuadei^ta’:;:::;;;:;;
■•0 l randsco
Total ,
14256
Virginia
North Carolina
South Carolina .
Georgia
Fionas
Alabama
Mississippi
Louisians
Texts
Arkansas
Tennessee
Missouri
Oklahoma
Indian Territory
1fl
iS
Cclted Statei
NEWS AND GOSSIP
Oi‘tho Fleecy Staple.
Private Wire to Clbert ft Cley.
A-Prlrr brokers bonght
New York, June „
July on opening end ire now trylt
bny nt 11.63c. They ere buying the
crop montbi.
The Journsl of Commerce esye: "The
week-end trading lu dry goode wee np to
exiwctstlone with flret luude. end Jobber.
and buyers ere becoming more disposed to
corer for their fell needs. It wee tbonght
by most market obeenere that the reces
sions In prices In beery brown the.tings
nnd print clothe fully discounted tbs de
cline In cotton, end It wee evident
bed l>een done on the lower levels From
nil that sppeers thus fer, the demand for
goods from the country In general le steady
and hesltby with every promise of e mein*
tenure of normal conditions for the com
ing few weeks There bis been n larger
export trade In printed goode then wee
commonly supposed, flgtires given by print
ers nnd some Jobbers on Matunlsy showing
thst the constant smnll sale* bad totaled
very handsomely for tho month of May.”
New Orleans Jtrar 4.—The Times-Demo
crat herewith presents the drat of Its re
ports on the cotton crop of ISOS The con
sensus of opinion points to the following
results:
First—There has been n moderate In
crease. probably about 6 per cent.
Second—There has been a considerable In*
crease In the nee of commercial fertilisers
In the section! where they ere commonly
used.
Third—Abnormally low temperatures bare
retarded the growth end msda s good deal
of replanting necessary.
Fourth—Complaints of leek of labor are
general, thousands of bands having been
attracted to other Industries by tbe high
seals of wages.
find 66
last year nnd 7 on
PROGRESS OF COTTON
CROP DURING LAST WEEK
Tbs Commercial Appeal. Memphis, la
review of cottou crop conditions last wot
aaysi
“Reports for the week tell of very gei
AT BETTER PRICES
ADVANCES EXTENDED TO 1
PER CENT IN SOME ISSUES
Commission Houses Reported an
Improved Business Through
out the Country.
h..*, sections which complained of
t, have favored tbo advancement of
l and tbe coming un of the replanted
* * xcept In a few sections these
lot M«n heavy
cotton, bnt - I
rains have not been heavy or prolonged,
and have not Interfered with cultivation.
R j
usually tine ones are In part ol
by s few localities, which are behind
tbe
. northwestern and centra
Mississippi complain of excesslre rains and
hall at a few places In this area Is re
ported. Other sections of the stats are
very promising. 8ome complaints of rain
come from the lowlands of Arkansas, and
a few points In this state have had hardly
enough rain, but tbe Arkansas reports as
a whole show marked Improvement over
those of last week. West Tennessee has
l*een much Improved by rains. Those sec
tions of Northern Alabama which were
damaged by ths frosts report a more hope
ful outlook. In soino places the stands are
yet poor, but all-cotton Is asking good
growth.
“Over the sren reported upon It Is usual
for correspondents to report that ths plant
i are detailed, they state
wars favorable to lice, bnt — ----- .
the week found the temperature higher
and tbe llee disappearing/'
The New Orleans Plcsyuns In Its review
of the week says:
’There has liecn good progress mad»
i«de by
k. Rain
t suffl-
has been comparatively lirtt, but
dent except In a few Instances, nml si
crops, but particularly cotton, have beei
benefited.
Western forecast Indicates partly cloudy
weather with probable showers tonight and
tomorrow.
Beer-Cowell cables us: “Looks like sag<
glng near 6d during present month.”
PIEDMONT BROKERAGE CO.’S
DAILY MARKET LETTER
nil he IIUU iTilirr, Him uriiiK hiuumj
report day, particular attention was paid
to cotton. After opening from 2 dowr
ths summer months to 1 to 4 op on tbe
crop options, sn irregular market folio .
s ith strength ^mining up to the time
from 2 down on
1 the new
fnpowtdf
but" wftti strength kilning up to the time
of the government report. An advance of
10 points was made In the new crop options
over Saturday night's final figures. After
the publication of the government report
showing scresge to be 2S.68t.00i, or around
y »er cent Increase, and an average con*
Ion of 84.6, against n condition of 31.1
last June, and ap average condition for
the past ten yenrs*of 84.9. the market had
a sharp upturn, and shorts dubtnlled nnd
ran to cover. We consider the report a
very bulllah one, aa the condition from
now on will show t defloration from month
to month.
Blocks—There betas no foreign markets
today,--mr opening on the stock merke:
wee atrong, end arttvlty wee dlapUyed
alone the entire list. Ht. Peel .cored ■
mnnlpulntlve control f«r
■nme time peat. The report; regarding
the dnenriel emnfemenle of BL Pen! took
(ho form that rlfits very reliable would
he attractive to stockholders besides the
new etock leane e convertible bond would
also so jtlotut with those righu, The can
also SO Along with these rights. Tne con
tinued prosperity end eetlvlty In the Iron
end .teel trade, end the steady advenes
Of outride metsi stocks joovlucee o« Hut
the advenes will . extend, to the united
' I ehsres, which would bo vw _
to the hull clement. Around the noon
p strength end greet activity wee.du
el In the i-nnler »h«re«. we
SSwrfTTKf coelef iheriin - We ere~ In
'nankin, hull martlet and an outburst of
lulll.h enthuileem msy break out st any
moment.
Cotton 8eed Oil Market.
New York, Juno 4.—The mnrket for
cotton need oil *u quiet at theopen-
tng, with price* about etendy. Trading
continued dull nnd narrow, with of
fering. light. The undertone, however,
was firm, owing to the strength on
other otli nnd fate, nnd some apprehen
sion we. felt regarding the government
report on cotton, which will bo lanuod
during the week- Fluctuations during
the week here amounted to almoet
nothing for old crop month*, and about
1-4 to l-2c lower for new crop dellver-
lea. The only apeclal feature during
the week ha* been an Increased dla-
i the part of the cereal mllla
position on me pnn qx ui.
ItTaome aeqtlona to aril new erop erade.
Tho market at tha doae waa l-4c low
er to l-4c higher. Aa the *ea*on ad
vancea It become* more and more evi
dent that stock* ara concentrated In
few hand*, and that there can be no
great decline In cotton aeed oil oven
during the dull periods, and that Juat
aa *oon aa demand again mak* 1 'I*® 1 '
felt prices are apt to advance rather
.harply-—Ware ft Leland.
INTERIOR MOVEMENT.
llempbU
ESTIMATED RECEIPTS.
a^f.ri°u{S n V«SM:^SlvirilS
Inst year.
ATLANTA, OA.
GIBERT & CLAY
STOCKS. BOND*.
••k. ALABAMA BT.
St! J n .£ r P toet Btcb.nr* .'Sew Orlror.» tjrrrpoopclftm!**5°^“I*®
Long Dl.unre^p^^ ""‘"w. R- PAGAN. Man* 8 .r.
„ «f
wars unpromising last yssr. -Ths stand is
good, and the plants srs growing vigor
onsly. Although slightly behind the Aver
age date In the matter of growth, .the rot
late In tbe matte
elds art mid to I
well cultivated.
Ut» uncommonly clenn t
An uncommonly tine
la promised In Louisiana.
Rlsslppl the ps«t week has (le
»a Improvement In all crops, par
ticularly cotton. There has beeu s suffl
clency of molsturs, and In soma places too
much Is reiKjrted. nnd the crop la now
growing nicely. While tbe plants are rath
er backward, compared with an average
year, and stands in some places art re
ported Irregular, tbe fields are generally
well cultivate!! and free of grass.
FELLING OPTIMISTIC
IN THE WHEAT TRADE
Chicago, June 4.—Tha Record-Herald
aaya: “With the passing of the Texas
wheat harvtst, without unfavorable In
cident, there Is a feeling of optimism In
the trade. It I* the assumption that
the winter wheat crop Is made and the
effect on the market tone at the mo
ment la almost a* depressing as though
the grain were already harvested.
"It require* but a »hort look back
ward to demonstrate the fallacy and
danger of this Two year* ago the
moat magnificent crop promise that
Kansas ever had was retired to a
mediocre yield by rains that began aft-
reaper; In fact, the earliest had already
been cut.
"Juat at the moment the tendency le
to look at the easy going elds, assume
a normal, harvest, and then look at
the effect of such on the market sit
uation. It must be admitted that, ns
■umlng all this, there Is little to attract
a buyer of whi
eat who expects large
profits. Tha situation Is vastly differ
ent from that of a year ago. At that
time the wheat blna of the country had
been swept clean to supply high-priced
wheat to the Oates manipulator.. Har
vests had Blab been disappointing in
Oklahoma and Texas, and millers In
these elate* have since drawn steadily
on more northern territory for their
supplies."—Olbert ft Clay.
THE DRY GOODS MARKET.
By Private Leased Wire.
New York, June 4.—While business
was not active laat week, more anima
tion has been exhibited than heretofore.
The demand ha. been mainly for fall
and winter fabric., yet there haa been
a moderate movement In those for use
during the present season. Prices i n
K neral have not changed, but there
e been eomcthlng of an easy feeling
and a few articles have been reduced.
Brown muslin. Great Falls, E 7 J-4c:
Great Western, 7c; bleached muslin.
Wameutta, 10 l-2c; fruit of the loom,
■; Lonsdale. 7 I-4C.
Prints, standard drees styles 08
6 l-2c; American shlrtlnge, 7; mourn
ing. 6 1-Ic. Dress fabrics, D. D..
, cash-
SJreT 37 l-2c: F. F, 21 l-2c.
Outing flannels, Newton, 4c; Osnan-
burgs. 4 I-2c; Tedetedown, *c. Tick
ing, Hampshire, 6c: Norwold, 7 »-4c;
Old Kentucky, 11 l-2c.
Ginghams, Amoakeag staple, 6c;
Ameskcsg staple, A. F. C„ Id; Lan-
ra chevlo"e! P Evere'tt, 7 l-2c; Shetland.
PUW»! m AUbaml!' 6 l-4c; Geneva,
l-4c; Tuxedo. »c.
Denims, York D. D., 12 l-2c; Prox
imity, 11c; Dragon D. D„ «c; Kentucky,
I 1-lc.
The Live Stock Market
By Private Leased Wire.
Chicago, June 4.—Hogs—Receipts to-
43,000. - - - -----
P Market week: quality fair
left over 2.206; bulk 10.321-200.40;
estimated for tomorrow 16,000; light
hcgel6.2006.40; mixed 10X086.421-2;
heavy l6.10lb0.42D2; rough <6.108
0.16; pigs 66.2080X0; yorkera 26.264,
Mo! rood to choice heavy 16.100
0.43 1-2. _ .
By Private Leased Wire.
New York, June 4.—A broader and
more active etock market, with
vancea all through the list came aa a
natural response to the more confident
feeling noticed at the close of last
week. The feeling wns based, ns was
quite generally anticipated, upon the
decided Improvement accomplished
last wek In tho crop country, and upon
the growing easo of money. Both of
these points were emphasised by the
developments this morning. Call
money lonned freely at 3 1-2 per rent
and tbo bank* started tbe week with a
good-fixed gain at the sub-treasury.
The market without the usual lead
from abroad—London being closed
higher, with particularly
vancea In Sincitrro, Colorado Fuel, 81.
Paul and Union Paclflr. Hardening of.
prices continued without Interruption
during tbe |gt ef the forenoon, and
while trading wns not very active, It
waa still much larger than the average
for laat week. The only exceptions to
the upward movement nt the atari
were Pennsylvania and the Copper
shares, the latter on professional dis
appointment over the annual earnings
statement printed today. But the cop
per Issues were well taken on the de
cline, and rallied smartly later.
In the stock market, opening prices
point In Ht. Paul, Colorado Fuel up
<-4c; Anaconda, Missouri Pacific and
American Locomotive l-3c; New York
Central l-4c, nnd Amalgamated Steel
and Erie up 1-8 per cent.
Important buying ihnt has been In
the market for tbe lost few days was
In evidence ngaln this morning, and
a number of stocks were taken aa of
fered at advancing prices limits. The
most prominent features In the early
trading were 81. Paul, Union Pacific
and Colorado Fuel.
Tha strength of Colorado Fuel seem
ed to be on orders to accumulate the
stock for apeclal purposes. Amalga
mated Copper wes offered down to
6-6, after tho publication of the
107
report, but bear traders were sur
prised by the appearance of a brisk
demand,-which carried the price to
10# 1-4. Commission houses reported
an Improved business, with \ moderate
accumulation of buying aiders over
Sunday.
Governments unchanged. Othar
bonds steady.
medium 64.1006.30; Stockers and feed-
33.7684“-
6.76. .
Sheep—Estimated receipts 20,000.
Market steady! quality fair; native
61.4001.10; yearling* 36.7000X0; lambs.
16.2601.70;
weatem J6.35ft6.70.
Do-you demand the custody of the
children?" asked the Judge,
"Well," replied the lady who had
■ought the dlvoroe, "1 do not exactly
demand them—but—but I would be
willing to agree to find a boarding
‘ :e for them," """ “
hem."—Chicago Record-
RANGE OF NEW YORK STOCK MARKET
AmnlgnnutMl £opi»r... 7.
Atlantic Const Liu*
American Nu<ar Ucflnlnf
Anaconda
American Locotuoflva
do preferred
American Smelting Ueflalnjf
do preferred.......
AtehUon
«lo preferred
American Cotton Oil
Hnltlmoru and Ohio
ltrookl.ru Itapld Transit
Cnnndlnu Tactile
t’blcago and Northwestern *
(•!:. •.upt ake nml Ohio...;
Colorado rWJ and Iron *
do preferred
rentraf Leather
rideagu and Ureat Weatern
Chicago, Milwaukee and fit. Taul
Delaware and Ilndaon
Dtatlller'a Hecnrlflea
do prafemd..i.1
fleneral Klectrlo
llllnola Central
American Ice Becurltlan
LouIrvIUc and sNathrllle
Mexican Central....*.
MDauiirl I’xelflr
New York, Ontario and Western.
National Lead
Northern Pacific
New York Central
Norfolk and Weatem
IVmisvlrnn'it
People's flna
PresRcd Steel Car
PM&je nail.
II aiding
Ui’IUllliq ......sees
I(4*|iuti!l<* Steel
flock island..
do. preferred.......
United rttatc* Rubber.,.
1o. preferred
Southern
do. preferred
NIom Sheffield .1
>nneaoce Coal and Iron
Vxrs nnd Pacific
In Ion Pnclfie.,.,
United States Htocl....
do. preferred.......
Virginia Cn roll nn Cbcuucal
do. preferred
eft 1
. Union..
Wisconsin Central
do. preferred.*..* * *
STOCKS REVIEWED
BY NEW YORK SUN
New York, Juno 6.—The Sun says
"Fluctuations In prices In the stock
market last week were almoet upon a
dead level. The Irregularity which
‘traders' market' In the preceding
night, disappeared, and In thtlr place
there prevailed on almost complete
apathy In apeculallve and Investment
temper. Dealings In the market were
portion of tho pro-
lonal element- sad there U little
doubt that If operation* for Mm -
count of two lore* oeaaMN iMM
In Wall street of the ultra apapn|allva
order had ceased, buelneas on the
stock exchange would have been
almost reduced to the vanish
ing point. While the stock BMr
ket was perfunctory and uninteresting,
Its undertone waa unmistakably strong
and firm, and at the close prices were
higher than at any time since the Ban
Francisco disaster. In the large com
mission houses, tho belief woe still held
(Irmly Hint the tendency of tho mar
ket was upward, and that conditions In
the country mndo for distinct cheer
fulness regarding the general situation.
While the all-important factor of the
crops yet romalnB In suspense, every
thing on tills point that hat boon so
far made known Is favorable.''—al
bert Clay.
GIBERT A CLAY’8 DAILY
8TOCK LETTER
tho .treaitli of the ee-
HAVE YOU ANY MONEY AHEAD?
Is It invested whore It le perfectly info?
I* It available now If FORTUNE should knock at
your door?
Prepare yourself to take advantage of opportunity
by Investing your Ravings In this bank, whoro they
will earn 314 per cent COMPOUND INTEREST, bo per
fectly safe and available practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL ....
$500,000.00
Ann G. Candler, President.
W. H. Patterson# Vice*President. A. P. Coles, Cnahlor.
John 8. Owen*, Vice*President. Wm. D. Owont# Asst* Cashier.
It/ Hat growing out of recant trading
dltlona. nml notwithstanding tho mixed
ractrr of recent influence*. It wottld ap*
curlt
onndl.. ..
character of recent Influences, H _ . I
pear that prevailing aentlment la agalnat
a lower market. Tha attitude of larger op*
eratora and Intereata haa not t»**n declared
In favor of a stronger or blither market aa
far aa surface indications could glvo dem
onstration, bnt on tho other hand, there
haa been little rvldemre of pressure except
lu the copper shares. We are not looking
pear that prevailing n
a lower market. Tha a . .. , J
eratora and Interests haa not t»*cn «
lu favor of a stronger <
thought possible to he secured In view of
the man/ unsolved problems In tbs public
mind.
PROPERTY TRAN8FER8.
61.405-n. Mifflin Hood to hire. I*. I.
lIo»»d and Mine U. L Hood, lot on Ashland
avenue. Warranty deed.
nnn-W. II. Wldtebead to Mra. M. L.
Whitehead, lot ou Lawton street. War*
rantv deed.
IT'-m-d. II. flatter to Robt. P. Rpann,
lot on I,analng street. Warrant/ deed.
Sl.UD-.Andre>y |.lndenfcld to the Hoclet/
of the African Missions ef Ralflmore Clt/,
Jrnrran street. Warranty d
62,00t~J. (?. Tumlln to the Southern States
Life Ineuranre Company, lot on Jnrkaon
street and Angler avenne. Ixian deed.
lion-william Dotieou to Lunanna Hchnls,
lot In town of Uellwood, land lot No. 112.
Wurraut/ deed.
TIPS FLASHED
From Wall Btrcot.
Sl'iert A Clay.
ihort roTew
Ing la likely In th» stork inurkrt today.
The general lint appears t«> (,.• h<>M out
IrrcgtiUr Improvement Is evidently tho pol
icy, with specialty leadership or Independ
ent adraniet. ,s..ft In the HtninUrd
SflH'k* Should be •! yootl fln.r (O buy. We
continue couscrvathciy bullish.
New York. Jane 4.—Upto
Leading members of th? r~
ttemselv
ntlment:
press themselves as entirely
prices In the stock market t
be generally upward. It Is pointed out tlmt
after two w<*ck« of dullne*-. «ojch a* we
have had, with lntrln«!r condition* ehmvlng
n substantial Improvement during “
period,
begin t
the stpek mnrkc
In to reflect In a more
ideal positions are regarded a* entirely
nound. and experienced operators decinre
that the nlHwnce of liquidation In nny *1e-
irw worth incut toning during the laat
fortnight clearly dcmoiiRtratcH the maimer
In abler * * *
In which stocks are held.
Financial flurean: Dcvdopr
Tlic
tinned holiday in IoiMlon .
Mmim- ilullnsM siut rnrrmr flsrtnst
srntinisnt sppntra to u. to bs U
Thun- srs llultMt offurluc. of u>>
trss fully itMDoustniisd tfntuntny.
s Isrgs abort lut«*r.-.-t. Among
Ipnrrbsare for tarns st prrwnt sBm
ill' lii'b I Union 1-u. in.-. Am ile.miii.-.l
r,;f.
G HnE!fi5!iIriilr.!.,i 5I5rify. ih-
-• Of thss* stocks latsly bsvc b.>rn
Thsrs srr soma Initlrnllon- nf . irlj
prorsmant In tbs it-1‘1 I—u.m, \s 1:1.'h >
lissn tliqml lot ssrsrsl ilnyx A, root
III" Aliblron pool Is willing to ink"
#0 Irvsl stock rcportml liy s sa.rtsll.n
constituting s check sgnln.t Itnpr.irsm
wc itcllcvc thst Issa* rsa b. rat ra ra|
K Mnts wltbont opposition. It I. uti
■cl will not meet sny great nmmini
stock uutll It resebra toward M.
1’rtvsts Wire to Wars & (.eland.
New York, June 4.—How, Jones A Ch 's
summary of flalurday's market: Ij.nJ.in
market rloe.nl today.
I.lgbt ilriiiand tor .toeks In loan rrnud.
President Caasnlt nr Inn-yIvnntn. re-
turnetl from llarop- ami ready for .ntrrli-
lug Inrctlgatlon of company.
Vorat troubls at Urcso*
Corporation cnansst nf New York iiura-
Hone vslldlly of franchlae of CoimolMnled
USB.
Hlxly-one rosda for April show an average
Met Inrreno* of
montha 1S.41 per
r cent, nnd fo
I ■ nt.
continues cxcelb
so In the case of Cupper,
their purchase on all soft
will shortly Ikcrorae i»qe of the
era, while Northern Pi
rise, and we have reason to txtte
will soon sell In the nrlghlw
BUILDING PERMIT8.
150—H. II. floeecrnns to balld sddltlon to
two frame dwellings, 91-fil arena#.
62.00^-JsS. K. Ilrnwn t'o. to balk
There still exists a fairly large d/ed nh»
Mi teres t and the nuipra MHuMfl
Is healthy. Among the lndustrlals
floti to building rear 41 Decatur street.
$2D—New Castle Church (colored) to
build frame church, Lovejay and Hun*
ntentt street.
6405—Mis* Hell Pnrketl to build nnd
to frame dwelling. 12 llunnhuitt street.
970^-W. II. Allen to build two onr-i
frame dwellings rear 117 L. I*lnden av#
COTTON SEED OIL.
Frank Hawkins, President,
H. M. Atklnaon. V. P. Tnomn* «.nnn, mvw.lb
Joseph A. McCord, Cashier. IL W. dyers. Asst. Cashier.
Tnoeoae C. Brwlo, Asst Cm
Third National Bank
Capital
Surplus
Dr. A W. r*lbotra..
Milton Dnrgan.
.f.itin W. Crant
II. Y. McCord.
. . . . $200,000.00.
. . . . $300,000.00.
DIRECT0R9I J. II. Normally.
Frank Hawkins.
Joseph A.
J. ft. Iranilty.
j. Carroll Payne.
I: P II >Me|
David Woodward.
story
| ... m avenue.
|to—il M. Freeman tu recover - frame
dwelling, 3# Dover
King, 3# Dover atlpet,
MlT. Coggins to add to frama dwell*
... IMa (laragban tn bollfl ymnda
fram- <lwolllng. t»64 Iltlla avsnns.
336-Ura. L A. Clauirut to balbl tad add
to ona-atory dwslllng.
NORTHWEST CAR8.
Followlug tal.li* givva.ibo noriliw
of grain tods/, but work nml In-i
DEATHS.
Hngh rhrtallsrt. Infant, dlsd st <M Wash-
Ingtnn strsst nf Inanition. *
Margaret Ibrivlt., Infant, dlsd at 1*3
'onnally a treat nf p-ril»nltla.
tenth It. WvMs, Infant, dlsd st 61 King
lrest, nf coograilmi of tbs brslu. _
'i'ndsy.
I'M
lioluth 31
Chicago
NEW YORK COFFEE MARKET.
B the opening
•treat, off ooiiiaWWiPBlPWBlP—
Lucy D. Wynne, aged 22 yeara, died at
111 Woodward av
Tbe following table give
It ft I ■ I'--.Ills' ft IF Ft
delivery today la Now lurk
avenue of consumption.
died
Miss Katie Wilson. 43 yeara of age, <
at Macon, (la., of tul»ercnloala.
Kva pearl Hetties. Infant, died at
Raw son street nf chorera Infantum.
Infant of II. M. Kekeley died at Uotton,
(is., of dysentery.
THROUGH SLEEPING
CAR LINE TO
tS? ^
July V*. n v, I*
August
Keptember «.l *•> Ji
October * »..i643
November ... ,, e X •- r.
Novemtier 6.40
Closed quiet.
’ s ir,
«.<4
S -1f.-4.15
h IK 4 J5
d 2ft-4 V)
%ft 4 36
4 404.4*
Wrightsville Beach, N .0.
LOWRY NATIONAL BANK
Commencing Saturday. Jun* tho 9t)i.
and continuing each Saturday during
the months of June, July and Au
gust, through alccplng car* will be op-
cratcd, delivering paraoigera nt tha
hotola at Wrlghtsvlllo Beach, laAVing
Atlanta al 0:26 p. m.; returning, lestva
Wrightsville each Tburaday, arriving
Atlanta tbe following morning at (;J0
m. Season tickets $18.66; week
end tickets, good for five day*, Js.'j;
SOUTHERN EXCHANGE
Oldest Established Offb e South.
COTTON STOCKS BONOS WM
Ground Floor OouM Hulldlng. Dally
|6*r»f r su.fl mnrket manual
inatlcd on appllcatk.n
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in ail parts
of the world.
SEABOARD.
"The venture doran't seam to be
panning out," remarked th. flret
sclwmer.
"No," ths othar admlttad, "there I.
only on. way that w. can mrat auccera
In thta thing."
"And what I* that7"
"Avoid mratlng our creditors.*—
"Avoid minting
Catholic Standard.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
C?rrespondint's Capital (250,000
RCrERINCC. TMC NEAL BANK
PHONC MIT. PRUDENTIAL BLOG
6 Ua'ttT*—Receipts 76,666. Market
.teady to .hade higher; quality fair;
b««ve<i I4.10ft6.16; cow. 61.7604.60;
helf.ro 12.4086.66; calwa 16.0007X5;
prime *ootf eteere 4.19; poor to
IVM. L Fffl. Frnlietl
M0BT r. ¥ A DOOM. VUtPrn.
MADDOX - RUCKER BANKING CO.
CAPITAL . .
SURPLUS AND PROFITS
S200,000.00
£500,000.00
*<» Crl
WARE & LELAND
COTTON, GRAIN, PROVISIONS, STOCKS, BONDS,
»«. 1 Will SI., rum B- .Ji.g. Allsils. 0a
mmBa
ffnr Ytrk Cctton litbaigt.
flew Orlttm Cilion Ctihangt.
Ultipool Cotf* Anot *No«
rue tie Wit«i to hew York. Mow Orli
Bon n
. CkUtfO.
Chueio Sloik [Mihanfi.
Mew York Coffee liikoage.
B C. cor UK AM. Mooeoet
Sl»n4*r4Pk
ACCOUNT* INVITED.
Wo *ell the widely known nnd extensively used Circular
.Voles and Letters of Credit of Thoe. Cook <fc Son. >
In Our Saving* Department we allow Intereit *1 tbe Rale ol 3 1-2 per cent
Compounded Semi-Annually.
PIEDMONT BROKERAGE CO.,
(Incorporated.) Batemant Floor Piedmont HoUl.
STOCKS, BONOS. CRAIN. PROVISION*. INVEiTMENTt,
Fait Wiro Sorvice from New York, New Orleans, Chicago.
CORSC4PONDENT4
►f. •#. 4AGE A CO.. 42 BROADWAY. NEW YORK.
IDW. M0TZC. Ms
loans In' laapk RtatemenL*
lliinkcra expoot i*arly return of prartlral*
ly all gold eent t«> ’Frlero.
London maintains money rates with iiif.
Acuity.
Twvlv* Imluatrlala advancct! .87 per cent.
Twenty active railroads advanced .53 per
cent.
Town Topics: Nothing haa dcralopcd over
Hunday to check the upward movement un
der way at the close of la%* week. Though
money na yet la comparatively dear, all
Indlfutloiis point to mulrr romlltloiM boforo
111' I \\ »• i■ \ |n ■ i 'i i ..1, tl it >i.m| movi-mfllt
nf fuu'la tn this direction from 'Frl"<‘o to
have Its * fleet befog* the ftloae of the
'5. It. Ill'll ltd'll.. Ill-, nr.- not 7 .-rv
nuurnua. ami th* aborts seem tn be rely
ing cutlrely upon rnntlnm*d high nn nml
the possibility of further borrowing by
railroad*. The market, bowsvor, aliowa
auftli'lctit etaidlUr to JnsUfy trmlera (n
taking the long aid* In th* event of nny
Sttemptefl drive by th* bear*. In our opin
ion the strength In fit. l’anl cnrrlcd a good
deal of hlgnlflranc* with It, nml we expert
this stork t«# sell mmdi higher. rtt»fei»w|oii.
ala sru likely to domhiate the tiiarkn for
a while longer, but nentlinent nmoitg thU
•Irment la nn*