Newspaper Page Text
mmmrn***
THE ATLANTA
GEORGIAN.
-™—
( A T A T ) t r -r> m cv
~T
Edited bv
Mr. Lively lins edited Market* In Atlanta and the South for more than twenty- |
\/l /\ r~\ \y\ ' H I
tivo years. 11 is experience makes him the most reliable mnrket editor in tho
iVIrilVlYi^ X O
JOSEPH IB. LIVELY
South if not in tho entire country. J
Id EflRLY_TRADING
Decline Resulted From
Persistent Selling.
WEATHER IN THE BELT CONTIN
UES OF A FAVORABLE
CHARACTER.
The reports on the acreage and con
dltlon of the cotton crop has proved too
heavy a load for the market to carry.
They are not all one way, nor are
they from the same source, neverthe
less they go to make a heavy load.
Kach report lias Its followers, hence
opinion Is hopelessly divided, so much
to that the course of prices at present
does not Indicate which side of the ac
count Is moat confident.
At the moment tho bears are ap
parently making most nnd better use
of reports emanating from statisticians
who figure out the largest acreage and
higher conditions. In that the trend of
prices today during the early trading
was distinctly downward.
Liverpool, after a three days' holl
day. during which time the govern,
■pent acreage and condition report,
which wae considered by the trade
generally aa bullieh. opened this morn
ing at an advance such as frequently
occurs under normal conditions, the
close showed the opening advance en
tirely wiped out, the tone being easy at
1 to 5 points below Friday's finals.
gales of spot cotton were only 5,000
bales, at an advance of 3 points; mid
dling 6.01. , ..
This was not encouraging to the
American market, which gave the beara
confidence, they becoming rather ag
gressive shortly after the opening,
which waa barely steady and un
changed to 4 points lower, and up to
midday prices continued on tho down
grade, though on tho reading of tho
government weekly weather report
there was an Improvement of a point
0r Th* 0 New York Sun, in its review of
the cotton market yesterday, says:
"Two years ago. Indeed, In tho year
when the crop waa 11,650,000 bales, the
condition at this time was only S3, or
11-3 per cent lower than It Is now.
But the market, apart from all this,
was In a condition to advance. Any
body who has given tho slightest at
tention to the technical situation knows
that It has been heavily sold for the
decline for eome time past by the South
and that the local element, Including
not a few of the Wall street traders,
had been encouraged to take the abort
side by tho collapse of the May and
, July options last week and the gener-
'I ally favorable weather for some weeks
' past The advance yesterday must be
ascribed largely to the over-crowding
of the bear aide, although It was due
in some measure early In the day to
manipulation by the bull leader and
some of hla followers,"
C. D. Freeman tc Co. say of the day's
market: "The market shows consider
able steadiness, despite rather heavy
selling. The underestimate of the acre
age has little to do with tho strength,
but the feeling prevails that short
selling should be cautious In view of
the possible unfavorable crop develop-
toon. with trading very dull, both sides
apparently allowing the market to drift.
8POT COTTON MARKET.
Atlanta-Quiet, He.
NEWS AND GOSSIP
Oi the Fleecy Staple.
Private Wire to Ware & LelnruL
New York. June l—The into night
tbo. week la estimated at SO.toO bales
Wilson bought a whole lot of cotton of ter
eport.
both befo
Mini i
The Muttered Southern abort interest
“ , ns . r *T! !,s !t wa * « abort time ngo.
I rivote Liverpool cable aara: ••Opinion
7 11 * Amojli’ii aold. Continent '
Jobbers long.”
Liverpool cables: “Market very steady
more future bn nines* done. Carpenter
UeRomnos & Co. chief sellers today.'”
gi»?? r «..V{ irk, ' t a Is Nuyvrs of yestor
wi) mix Iona to get ont today. Koe little
°/ rally at present, and think it Is
uio'tJ'mI' t° sell on all bulges sod uo big
Cotton opened rather lower than eipeeted
on uvcrnoQl cables, due t»> general selling
! mlnn’JfL ha , u “? , ® p * 1 rrowtl. New
6.^ to J ae,,n * th * market
■fwras oct i,r,tut -
*t A Hm££Er ot cou ° n burDwi ■»««
Wenman selling July.
The market at 10.03 Is stiffening up at
on some short covering of October
51 houses. Mol
big buyer of October on the decline.
New Orleans. June 5.-It la bard to Mil
el, , h : r /a^orible or unfavorable.
Futures are 3 to 4 up at 12:35 n. m.. where*
'T ero uncharged to one up on
K°t ^ olb *’ r hand, spot sales
holes were reported.
a ^ .7 1 *? flr8t hurst of buying the market
Immediately sagged off ou what loo!
like extensive short selling.
Private Wire to Olbert* & Clay.
,*35, Y ^\^ Ju,,e 6 ;“ Th< ' !« sell
• _ trou l , l go slow on sales.
The Journal of Commerce says:
e Journal of Commerce rays: “There
?' rel T general air of uncertainty n
restwdsy csriy n
. --SjSe 1 . •“•Osf* of staple domwtlrs
wns n
the dr
dny, although ... ,
wore unwilling to concede an
In price to stlmuUta trad.. TLPW. .W I
L* h t' bot *S* wt ** ®P»Md with ttM
promise of ninny large buyers being In tho
market In tho next two weeks. The eottoi
report was dlsruased In nil quarters, am
•fter It was finally Itaned It was felt that
It would end aerlnua talk about gooda going
lower beat age of lorger acreage. It wo*
thought late In the aflernoon Quit n freer
purchasing would he noted In the coming
two weeks and ns soon as If becomes clear
that the leading Seller, will maintain values
on the present level. It was said hr leading
merchants, trade will move along In non
volume and quotations will bold sb
where they are for some time to come.
Few Orleans, June 6,-New York wires.
“Acreage figures disappointingly small; be
lieve temporarily buying an breske."
i V'Z'K 001 cnlll< ‘* «« felkiwe: "Think mar
ket wiu an, conaiderably."
I’rtce In nn wt. says*. —TU* strer |
the market was well (UUatrated today'when
upon a government report that all the bean
and eotue of the bulla expected would re*
lenlt Id * decline, prices advanced. The
world will. ehorUy come to en appreciation
of the feet that a crop of 11,000.000 bales
<1 roballf" e com n * * F ** on u utterly Im
- . let, Uc.
Charleston—Steady, 11«c.
I'hllsdclphls-QnteL U.So.
RANGE IN NEW ORLEANS COTTON
Cnttnu futures ranged as follows at New
Otlwus today:
. Open. nigh. Low. Safe. Clos_.
June ,lV« 10.CS to.ss 10.66 in.at loo To
JnlT .19.66 10.St 10.61 10.1* 10.7J-1* m.n-H
Aug. .10.53 10.53 10.43 10.45 19.4M0 10.47-40
tept C.... 10.3636 10.1463
.10.37 10.23 1<U6 1X3 10.B _ MS
RANGE in NEW YORK COTTON.
The following Is tho rnugo in cotton
W*na In New York today:
Lear Pres
[j«e .lS*M uJ.®* PUS - 10.« in.'u*td fiU5l7
mm .im: 10.63 10.46 10,4i 10.4040 10.5041
July
Aog. .lo.u la43 jo.JO 1041 „
Lfl'l -10.45 10.45 10.33 10.33 10.K-14 lari-ri
10.40 10.34 10.31 1141-33 10.36-37
i- - - « lo-tt tin. $CJf vmm 10,17-9
If"- ,10.43 1 0.43 M.i| 10.3446 10,1041
r',' •!!•« 10 -« 10.33 10.36 10.3746 10,3446
E't •!“* >0-« 10,40 10.45 10.S7-3S 10.1445
| keS. R5t 10.51 1441 10.45 10.4647 10.4343
IToteil steady.
LIVERPOOL COTTON MARKET.
■ Uverpnol, June 6, 13:15 p.m.—Cotton,
rE-, , l ,,l "t. .with price, steady: middling
ei. , : 1 ’;, ^ .Rolea. American, 4,600;
1 Snerh-nn" iJx} 11 * I 0 ott ' O 00 - Kecelpta, L000;
Faturr-s’ o,k.'d«j' flm.
pane ....
I Jane-4 .ily
I Jalj-Ang,
I Aug.-s.-iit.
| Pee- Jan.
Ito.iv, .
I frlt.-Mareh
1 U-4.-I
in
’Eg
a
Eg
Eg
&
... us
.. Ml
:: S:S* 74
.. MS4.fl
Prtr.
clow*.
ITS
5.77
6.71
5.71
5.53
Eg
§
(.60
TODAY'S PORT RECEIPTS.
■ mllowlBg tabb, shows receipts at tha
I Cn ;rotuPared with the .niss day
li'sdrl-.-nn
140 "
Si
tr:
'•r'reuwa:::::::;
SM
at
1915
Glbert & Clay’s Daily Cotton Letter,
New Orleans, Juno t.—Opening prices
In tho foreign market were decidedly
reassuring and seemed to reflect a keen
appreciation of the government's re
port yesterday, but later tho trade be
came Imbued with the bearish sent!
ments that tho American markets con
tlnue to express and options lost point
after point, finally closing 3 to 5 points
lower than Friday's levels. Spot sales
showed a marked curtailment, only
5,000 bales being sold, but at an ad
vance of 3 points. Exactly upon what
basis the trade figures yesterday's re
port os .bearish Is somewhnt •nrriculr
,,f conception, for the condition call
mato of 84.6 Is slightly below tho aver
age for the past ten years, while there
Is nothing in the acreage Increase of
6.2 to Justify any reckless selling on
the part of the bears. An average yield
on the acreage planted would bo less
than the requisite 13,000,000 bales, and
the record* of paat seasons prove that
fully as many have produced lesa as
have yielded more than the acerage;
while, -on the other hand, with the
vent of a change for the worn In the
.. jather—and It u not unreasonable to
assume that the excellent conditions
that have hitherto prevailed can be
prolonged Indefinitely—crop accounts
will become leas glowing and Induce
sufficient buying to bring about a good
reaction. With this consideration In
view, and tha fact that the world's con
sumption shows a steady Increase with
tha culmination of each year, there ap
pears Uttla causa to Justify serious;
lower prices for soma time to corn
but In the meantime the character ol
the weather la the Influence of tha mo
ment and may be expected to er
fluctuations sufficiently broad to Ini
Increased market Interest.
L. J. ANDER80N A CO'S.
COTTON LETTER.
New York.- June l.-IJverponl spinners
war* Inclined to take a disappointing view
of yesterday's government report, and lit
tle support was offered.fronthat aide. Spot
mice antedated to only r-. Mica at as
advance of 3 points: bat later In tba aea-
■ton the market weakened and at tha close
was easy at a decline of 3 to 6 lolntajnm
last woek’i finals Tbs New lock n&rket
liohaved. as to be expected la the face of
thla kind of Uverpooi marfcat. and eased
off during the session. On the decline,
however, there waa some good baylng for
largo account who argue that the decline
has fully discounted the attoatlou and that
price* are due a reaettou. Then ta little
new to he aald of tho altuatlnn except Quit
the weather report todey wee rightly fa
vorable to the balls Hlnee Ibe decline to
this now level an heBeve pntehaeee to be
peferable end should yield felr profits
INTERIOR MOVEMENT.
Houston
Augusta
lfemphla —•
gt. Louis
Cincinnati
Total
1106
g?
ESTIMATED RECEIPTS.
It
actual last year. _
COTTON SEED OIL.
Hepteatber
Xonmher
December *>W
Closed steady.
much good has already n-
aame time hrtsgfag In »
,„,.-e to the imreromenT of a-
GIBERT& CLAY
ITOCHI, BONOJ,
AUBAMA «t. cotton, ck ai n.
corree. pboviwon*
ATLANTA# OA*
FT** *tee* Brchange-fN'ew nrDnnJowton
, And Long OUmJH&EZS* R- FA GAIN, M.n.n.r,
3A|N,
TONE OF STOCK
MARKET STRDN
At the Opening Prices
Showed Advance.
BULL INTERESTS WERE CONFI
DENT OF EASILY REACHING
HIGHER PRICE LEVEL.
Bf Prlroto Lon soil WlfA
X«w York. Jane 5.—Prices have l»cen
creeping slowly upward for alx days prev
ious to this morning, t-nder tho most fav
- • " ■ "Ii'lltlon* Hill I'lrrmiiNliiiK'e nIhhiI<
b« regarded ns auITIrlent f<»*
market's showing hesitation nnd an ir
Isr price movement. Apart from tho
widely prevalent In professional circles that
the market waa entitled to some reaction,
them waa nothing of nu adverse nature
the situation this morning. Loudon, on
smiling business, sent over nu Irregular list
for American shares, nnd under this load n
number of the poo! specialties were takei
In baad. Heading, Smelters nnd the (loul<
metre commission ln<i
exceptionally strong.
stratlou was on oome profit taking went on
continuously In such of yesterday s leaders
as Union l'aelflc. Louisville. Atrhlsou mid
Tolorsdo Fuel. This Irregularity nmtlnuoij
during the Toat of the morning, but the
main tendency of tho market continued
buoyant, and after each recession prices
came Imck easily.
In tha atock market at tbo opening prices
showed a general advance; 8t. Paul up
%; Car Foundry M and others Eric
was % lower and Union Pacific ofT Vi Tho
market generally displayed n good tone.
The market was strong ngnln all through
tho first hour, making six days of a con
tlnuaus upward movement, and It was gen
•.rally nob cl tli.it •••iisMe lnter»>*i fa
the market has steadily Increased as prices
advanced.
There wns concentrated baying of all the
Wnlmsh securities. A statement was ea
rent that all differences between the Wl
Imsh bondholders mul the mnnsgement hnd
lwen adjusted and that sn agreement hnd
also been made with the Pennsylvania rail*
mad, ami that within the next two weeks
the Carnegie Steel 9 Company will be a
r of Its product In large volume over
HHflSTtem. Taken altogether, ‘
rket waa strong and the
lent of easily reaching higher
Other bonds
’aba,b i
prim levels.
Ooremuente unebsafed-
■trunk and active.
TIPS FLASHED
From Wall Street
Dow. Jones &. COhJ I
American stocks in London heavy Vk to
% below parity.
Expected examination of President Can-
„tt l»cforc lutcrstatn commerce commlttco
In Pldlndolphln today.
earnings fourth
week May Increase
Toledo, Rt. Louis and Western grots In
rease.same week $3,855.'
Amalgamate<l Copper report shows that
Its surplus cash Is held by subsidiary com
nmvement of Iron ore from mines
In anthracite trade, bat
*" * ted.
May i
satisfactory.
Rammer da -
ilrly good baslnesa this month Is expeclt
Stocks plentiful In loan crowd.
urium
ad gok
ie fall. -
Valuation of Chic
iwLtOTSetjSS,
(•ontlnni-,,
msj to j ~ ■■Bii
hlrexo Union Traction per
Inxntlnn. Incluilluff rm,
. aMhnatcl (5
leas than la,t jrar.
-wHvo ludnitrlal* adv«iiccl .11 per i
M-i-utjr active rail, advanerd .63 per cent.
rate Wire to Glbert A Clff.,
..rtr York, Jnnn 6.—Ilnnlri Ode
Itnllleb operations aaeui to «“
- 1—11n tr—
lip,la I
irtlro
relopraeuta over nlfibt Include tho meet
report which. It must be raid. Is not so
sensational aa had been expected, altbonxh
bad enough; bat It ta not nkety to be an
adverse market factor.. It may he re
marked right kere. bowaver, that the prea
mt professional atock market, like aU pro-
rational markets. Is .uaceptlbl* to sect-
" dlatarbaacea temporarily, and we
not ttealact reasonable, ratnrn* In
I rely fiHlewIng apeelaltlea or Inde
pendent lenders."
A LELAND'8
DAILY MARKET LETTER
Naw York, Jana 5.—The artlon or the
pert
of advancing, n«
ran off several point. In IbatHI^H^B
showed deridedty more wenku-v. then ««
In erldence here. The decline abroad ,t«rt>
ed tha reneweu Uqaldatlou lu tin- local
uiarket and as a reaull a low record no,
made In July of M.4Sc, with October n!»ut
liovc. While the market waa unaettldU nn.
rather weak, there waa Dot enough prod
rare at 16*4c to carry on tha decline, anil
the aatnal wiling at tha lower I*v«< seemed
to be naore ta the natare of short aalea tlum
UqaMaUon. Thera waa lem arlllng In the
Month and tome abort eoreria*. A proml-
bra operator, who told several thon..ind
L oo the advance yesterday, Imugbt oo
■Wdtcllae, taking oeer a dollar n bale
BTI^rwWV'B &r2323
wantad la ao many different erctlona that
pressure wan withdraws on the irartra.,
Sentiment eontlaoee decidedly mlted. but It
Mmere than likely that It will l«• a H
led market the distant options
Kirago. June 6.—Wheat: The mi^l
was onlic atrong early os more rain Ini
the Northwest, smaller world's |
niel a Idgg.-r dreread- on pasaab
hardly looked for. Bnlll.b •*■■■
not at all rampant, howeeer, and on selling
by the Northwest, ItJadnee-I tome reaUx-
lug. although tha market waa strengthened
at time* by aa nptara la eera and oats.
Oatatde buying order* were senree, and
there did not *eem to be mOCh IneenUre
a rajmenl taking en wheat for, lnre.im.-nt.I
It appears aa If eooalderabl* long
neat was held by local operator* that
wilt come ont on any show of wcakneaa.
■be clobng wae heavy aed the market
reseats all Indication* of woeklag lower
■Corn—Trade waa very light early, with
operations araetly foe txwTaeeyaiit mu
there wee good remmlmlon bonae selling.
IThe crowd were I sell tied to beyon the I-
lief that e Mg short leterest here would
Isom cover, but the fatsne do sot act nt
ell stout, end It appear* to >« a. if mis
eerral cudd I* l-oiiht considerably lower
down I* the
Hah. bet tho buying we*
good character, althoesh there waa more
„r leas raallalag with the nndrrtene rath- r
strong. On raft spot* w* sn larllnc-l to
frfSeffigga
the rraiiombtara
tresM be reduced for eflille et Ira-t. nnd
are attfl think It sdttsaMe to fatw profit
taking sale* on the fotartv
RANGE OF NEW YORK STOCK MARKET!
Cloir] lHil. I ('lost*
sugar
ilo preferred
AuutKtiu Hmelting Keftnlng.
Atchtaon
do preferred
AcMrlniD t'ofton nil
Baltimore nnd Ohio
Hrooklyn Unplil TrAnatt
nl Xortlnvi'Ntero
Colorado V'\w\ i
do Draft* rrm
CiMitrwl L«*:itli»‘
tio prt fcrrtMt
Uouornl Kleotrlc *
Illluola Central
AiiiitIuiu let* Honirltloa
tdnalavtlle nnd Nashville J
Mi*\nuii (Vntrnl
Mlnonti l'aelflc *
New York. Ontario ami
Natlnual Lead..
NttrtUeru Fni'HU* *
Sow York Central
Norfolk and Western
IVnnaj Ivan In
I’euplo'a (laa......
I , rt'H*tt*il Rfeel Cal*
la proforml. *
raeUle Mall A
Ifeputille Htcci I.!........!..
" Inland
o. preferretl «...
United State* Kuldicr
Ao. preferred
.Southern l’nilflc
Root hum ItnIHvny
do. preferred
Kln*» Sheffield
Teniiewee Coni nnd Iron
Texas nnd I’nrillc
Union Bari tic
United States Steel
da preferre<|
VIrjrlDla-Cnrollna Chemical,.
do. preferred ....«••••.
Western Union..,. -
WnlmHli
do. preferred....
Wlseousln Central...
do. preferred
13»i I 136*4 13*>
US 115 f 115 115 ,
i:.T4 I.V'\ i:»:\ i*
1U'\ 119V 119!» 119ml
1^* iwi K>:\ I '.'V
32H 33V4 3JS 3.*4
108V4 lOgU HRV4 1:
MV tASl W',' »|i«|
161 I 161S, 16U\ 100»*
,V»S
o\\ .v»
idv
I nj'A
GOVERNMENT WEEKLY
REPORT ON WEATHER
1’rlvnto Wire to Glberl A Clay.
Alnhainn—Montgomery: The flrat two
days were cool, (nit the remainder of the
week un* warm. Fair weather prevallfd In
tho middle counties. Copious to moderate
ly heavy rains occurred In th« axtfsan
aouthern counties nnd Ofar moat of tb«
northern districts.
Arkansas—Little Hock: Tho forepart of
the week was clear oud cool, hut the Int-
ter part waa overcast and warm. The tem
pera turo waa about normal
rains oecurrei* •* - - -
week, except
Light hall occurred lu aomo places, but
cansefl no damage.
Georgln—Atlanta: The temperature was
abnormally low during tho fovopart of the
week, followed by it gradual rise. The
mean temperature was slightly below nor
mal at most HtntloiiH. The mtlMfll half
of tho state received practically*n° •
fall, but light t<i mouerate sbowera ,,
currod over the northern half daring the
latter part of the week.
Louisiana— Sow Orleans: While tho nights
during tli" 6-nrly part of fh** week were
cool, temperatnra averaged about normnl,
Lo« - nl sh«iwors, heavy In some localities, oc-
Maafe. irday and Hunday. but
drought contftmes unbroken lu aomo placca.
11i« Minshlne was nitont normal. High
wind* pr»va|M Hnturdn>
Mlsslialppl—Vicksburg:
the week wns clear and cool nnd tho latter
part waa mostly cloudy and warmer. Show-
r If ^ t _ t
♦•ra wero general on the 1st and 2d, being
heavy In the extremo northern and south
he-week and warmer
showers during tho latter part, the tom
■rature averaging nhout normal. The rain-
i many placet.
homa: The temperaturo nnd tunsfilne nv
eragtNl nloiut the normal. The flrat three
days were clear and very warm. Tho on
• nation generally was deficient, but tiinc
abowera occurred dally from Jnuo 1 to
Inclusive, aratterad nreat reeel.ing more
jnn the average.
Mouth Carolina—Columbia: Tho early part
of week was cool and the latter part very
warm. Il"n > si ra tim'd
lint the average nrerlpltatloii was betow the
rmul, being light over tho northeastern
Texas—Galveston: The week waa nnusunl-
warm over the eastern half or tho state.
..UMTou modem ta to uaTf ah<*H. rn ...
earrwl daring the latter hair of the week
In northwestern, northern, northeastern and
central countlM. No rain occurred In the
coast counties or In tba Illo Graudi* val
ley. Them Is much complaint of prolonged
drought In aouthenateap counties.
Tennessee—Nashville; The temperature
was nnaeaaonnhle the flrat two daya, hut
wes normal or above during tho middle nnd
Inst of week. Showers orrtjrred from
Tbureilny to Hatnrday, Tbo week waa gen
erally favorable.
NEW YORK COFFEE MARKET.
delivery twJay In Now York:.
January ... i
February I
March
April
May
5.7MJ6 S7.Ui
:::BKS KBS
ivpura'^r:::13t.u
-• BBS
Deeemlior 5.35 6.4S-5A0
STOCKS REVIEWED
BY N. Y. SUN AND TIMES
tare:
out any MVI auuonneeraents during the
•lay of particular moment, or without de
velopments of any kind bearing upon the
tlnnnetal situation save those generally re
lating to the current prosperity of the
country and that have been en long lu evi
dence. transactions In stocks yesterdny rose
to doable their week’s dally nverngo and
prleea advanced, it mast he aald flint com
mission house liiislneta In the market was
Him notable by its absence; that tbo trail
ing was still /is strictly professional os It
has baan for weeks past, nnd that, al
though the inn rket unffoubtedly broadened,
the buying mostly eonrentrated upon a fsw
stocks such n* have been of late subject*
of pool manipulation. The general luu
for the rise wns iloiibtless recognition of
tbo fnet that throughout the week tbn mar
ket, although very dull, bslrnyed nn munis-
tnknblo trend upward of the kind known
aa a creeping advance. The two main
factor* In the market nt present are, niul
will lie for some months to enmo, tho
amount of money nvnllnhhi for Wall atreet’a
uso and the state of tbn eountry's crops.
Moth of these seem to stand Just now In an
extremely favorable tight.''
New York Tiffins: "The leadership of the
United States Htcci stocks essential to
a noil mnrket tended to Mon> purchase
trading. It Is surprising bow light a trails
there liaa been lately In atccl Issues. Penn
sylvania remained conspicuously heavy.
'I rad I tig sentiment wns markedly bullish
MsaEib—raMra—
with hull tips relating to Union l'aelflc'
Smelting, MIhhoiii I, Kansas nnd T< \hh,
Frio, Mteol nnd n number of other storks,
strongest of these tips referred to Union
1‘aelfle. which the bull crowd engageil not
Inuly to ndrnncc. but to keep active through
out th* week. The shifting of professional
or other Incentive from less popular stocks
to Union Pacific wnrf n timely maneuver.
Tha prominence of that stock Imparted a
better tons to the whole market, and under
i(4 Mr* ugfli ft w/ik found en*v t.• f.• u
proflts clsevfher® without nffertlng prices
to any extent. 'J h- uhuuI mI fimM
which follow* n .Mondn.v niMinlag bum
fnlbd yesterday afternoon to cause any
j»rlce recession* to apeak of.“—Glbert A
NOTES ON GRAIN
Pointers on Provision*.
Privets wtra to Ware A Iceland.
Chicago, Jans I.—Inter-Ocean: “Weather
conditions were mostly favorable. T1
southwest had good rains, the weather m.i
showing nearly one half Im h at WIrhIt
iklahoma t'lty, AbdsM anil murly
in Texas, and will c«>nimcnce In
UKianooMi ibis week, so that dry weather
is nicraiary. Rt. Joseph. Mu., had an Inch
of ruin, tha flrat In six weeks, and Mprln
field. Mo., almost half an Inch, nnd uio
of MlsHoiirl had rain. Iowa nnd Nebraska
had gooii rain* and there were light show
ers over the Ohio valley. In the northwest
there was too much moisture, and showery
conditions are p red bled over tbs central
and western states.
•‘Cavanaugh, tbs Kansas City agent for
H. tl. Dan & Company at Wichita. Kan.,
says: ‘My estimate ..f Kansas In bushel
Im not oter wheat, aud till*
firmly believe, as I find In our office thl
morning reports from several of oar cor
respondents who spenk very pessimistically
of the existing robdJUoM.'
“Camera >rtMtxMW of corn more Ir
regular. Home house* reported them very
light on bids sent out Ratunlrty night. One
Nebraska house* iHiught 300,500 buaFela. 1>«-
spite the holiday there was a fair demand
for corn from the ’astern Interior with
sale* of 73,000 bushels Tbo Kansas City
ami Rt Louis coru markets were weak and
He lower on corn and Now York waa alto
heavy.
'•('ash corn In Rt. LotiJf was GUfttfc. At
Kansas City No. 2 corn was 5H4tfi*%g oud
No. 3 4614c.
“St. IamiIs had 411.005 bushels corn.
“Charter* were made Inn* tor 10&000 bash
c!a corn at IHc to Bvffala
“Tharc waa n minor that world'* ship
raents would show M00.005, whllo Ilrotimhnll
estimated them In hi* Hatarday's report *1
.\m l.lvrriHVd wns rlo*sd. tM
rejralar atatlatlca were not given
The wheat market has been (duping for
a rally, and while the crop outlook Is good,
coming lu to
a rally, and while the cr
yet enough • complaints
serve a* a moderate ball
strength In northwest smarted as.
talent uot bullish this morning.
Heilman has be<?o tbs best seller of corn.
Not tmwh wanted.
AU local commission houtes doing very
Uttla
Oats a shade easier on selling by pit
crowd, who Are tieartsh. Trade «» far very
light. Think they will do to buy ou the
Chicago. June
*n the Ohio i
dltlon *• AgAl— _
ci yeer ago. on tbs enormous decrease in
supplies, on ocean passage last week, tbs
smaller world’s shipments nnd ths firmer
too# of outside mnrketa. The demand lias
boon scattered. Helling of July by feovy
for rally. Market looks henry.
Oil. «• |•• • 11• •• | Hli-mh wilt. i mi...I. i .(■•
trade, but offerings are light at the moment
nnd will work higher on any buying.
l'rovlsloiis opened on buying of July ribs
by Cudahy nnd bird by A S, White, nnd
Itnrthdt-rradler Co. Offerings small and
h good demand from pit aborts.
VI8IBLE 8UPPLY."
The following figures show ths weekly
Visible supply of grain.
Wheat. d6'i-r<>ase l.l'.i.QQO bushels.
Corn, nrraass Lfifil.oon buthsls.
Oat*, iIncrease 1,147,000 bushels.
STOCK 8ALE8.
255.000 shares
,.H6 •<*»' sli:ir«"6
sliar* s
1 p. Ol*. KMP) slim
2 f». CJ..V O Mil.I
Total .. .. .. •• $21,O'/) sliai
STATISTICS.
PROPERTY TRAN8FER8.
$L30ft-Kenturkv Itcflnlng Company to
John M. Green, lot in Lust I'olnt, on Flor-
cnee avenue. Quit claim deed.
H.5I* T*hli if. Grass to W. B. Upehnrch,
lot In Hast I’olnt, on Florence avenue.
Warrant.
fUto-
church,
avenue.
IJto-Mra. Marv JL Mims to W. \L
ichois, lot on W. llltehslTf - '
Streets. ^ Warranty deed.
ity deed.
-W. B. Uochurch to Mrs. HstlJe Up*
lot in Kast I'olnt. oo Floraacs
Warranty ds*d.
Nichols, fat on V?. Mitchell and Mangutn
wts. Warranty deed.
r»-}.iniua Taylor to L, I). Cartnlrha.1,
on ItondaU street. Warranty deed.
Mi IjMjBC
Closed steady.
ii«n3 for
Grant street. Bond for title.
$?,SbO—Mrs. C. F. Usntel to Mra
Parilcl, lot on Woodward avenue,
title.
$L60fl—Mr*. C. P. Daniel to Mrs. L. II.
Daniel, lot on Woodward a venae. Bond for
title. __
$%**—J. IX. Kimbrough and John M. Ma
to Germania Havings Bank, lot on
M.iugum atreer. Loan fleet!.
II.'*/)—oils Cook to Jennie V. Cook, lot
m Lognn avenue. Warranty tftfd.
$2.0fw—Llndaay I*. Wataon to Ggorge F.
riiitrinkf« # lot «»n Washington street. ***
ranty deed.
!!.*»-WT W. Hildebrand to K. H. Hilda-
brand, lot on Lludcn avenue. Warranty
deed. .
fWfi-Jamsa L. Right to J. T. Kimbrough
and John N. Malono, lot on Mangum
street. Warranty deed.
. BUILDIN(TpeRMIT8.
_ $105—Dr. M. Mali. Hull to odd to rsal-
dsnee, 3U3 W. I'eacbtrcc atri-st.
UAO^-W. II. Yauiirrninn to tmlld three
one story frame dwellings, 2M 286 286 A TIf
ton street.
$5.005—fl. R. McConnell to Imlld tuo story
frnmo dwelling, 42* N. ItoaUflfi
$7h—lira L o ReynMds to build frame
■table nt 06 Glenuwooil avenue.
81.6(0-Ab>milder Lumber ami Manufac
turing Company to build two one story
d«.'lungs. 11 15 Mrlionough Hoad.
1355—J. D. Frasier to add to two-story
frame 6luI'lllrig, 342 Gordon street.
1^— Mrs. A. Jones to build frnmo milk
depot, .-o South avenue,
fi,tto-W. A. FistOf to build two-story
dwelling, III Gordon street.
$*5—4‘. A. Itrlttou tn balld addition to
green house, 7W Glenn street.
16.605—Hr. W. J, lxi.il>*' k to build one*
•tora frame ilnelllng, 64f I'ledraout nvenue.
$•— Hlebard Henry to recover frame
dwelling, W. Pair street.
SAU-H. M Maasell to holld addition to
brlrk store, tl Kennedy street.
$J,00t>--L. 4. Mngin to build two story
frame dwelling, sn Juniper atreot.
DEATHS.
Infant of Jacob Vogt, died ht 254 Cap*
dh*d nt 3W% Auburn nvrnne.
ifant of M. Hen
4.**pltol avenue,
arrarat Cobb, Infant, colored, died at
217 Vine street.
d»«^’7& P iar * '*•" of **'-
Ulu K*mmlr Uurinn, 16 /Mr. of ngr.
dl«l .4 Urttlj *
i'Mirt 11.11.,, raCirnl, 34 run of .g»,
dl~l .1 U l.iw. alrMt.
William I>«tI«, 71 fnn ot ,f*. dl«l at
I0NE WAS FIRM;
■ PRICES HIGHER
Commission Houses
Were Good Buyers.
SMALLER W0RL0'8 SHIPMENTS
AND UNFAVORABLE WEATHER
WERE THE CHIEF FACTOR8.
By Private Leased Wire.
Chicago, Juno 6.—Tho edge waa
knocked off tho wheat market lato by
tho Increased supply thrown Into tha
pit and by the refusal of bulls to ab
sorb the grain thrown overboard.
Wheat closed l-S@3-8e lower. < ’ortt
showed that It was under considerable
•sure, and it sold off from tho t,,p
prices, closing l-4(Pl-2o lower for the
'--I’ll ' MM . •' til -4.-.I ti> follow corn
-.11.1 « h»«6»i| l-s'll :t-s.• better Hog prod-
11. i j wen* -i.Miiy Jim the day wore away.
They closed 7 I-*© 10c higher.
Tliele Hi re lie. I'l'Mfri’H III the visible
■upply of wheat of 1,152,000 and 1,14 7,-
"" ' "hi!., cunt in. reaHoti 1,08L*
bub
Primary wheat receipt* 754,000 and
corn 3,000,000, against 704,000 and 1,-
222,000 respectively jv year ago.
Clenrnncea were 203,000 tuihela wheat.
In« lu-lltig II Mir, 76,om«j . .»rn and 4,000
Cash aalea wheat at Chicago 26,000.
corn 110,000, oata 320,000.
At tho seaboard 6 loads wheat, 2 of
corn and 100,000 onto.
Smaller world's shipment* and large
d«*i r*■ 11 .m*• nn piiNNag#*, together . with
m«n»» min In tin* n«>rthw«*st and non« la
the southwest, was responsible for a
nun and higher opening In wheat, with
fulrly good buying by local conuulsaloa
houses.
CHICAGO GRAIN MARKET.
WHEAT—
July .. *1%
K :: »
CORN—
July .. 49%
Rept .. 40%
I tor. .. 47%
OATS—
July .. 33%
H.'pt .. S3
I Mr. .. 33%
I’OUK-
July ..U.0R
July .. 1.62
-spt .. 1.66
rt. .. 8.C3
HIDES—
July .. 0.07%
Sept .* 0.05
Get. .. 1.90
lllgb*
!1>
40 >
49%
4T*4
Low. Close.
65% «■*%
49%
9.97%
9.(0
• 97%
CHICAGO CAR LOTS.
Today. Tomorrow.
NORTHWE8T CAR8.
Following table gives tho IMVrawest ei
of grain today, last weak and l**t yent
l.«*t I.H
Today. We. k. Vo
PRIMARY MOVEMENT.
The fiillmvlng figure*
im niM'iit »»f w Iwnt nml
Wheat—RaeeJpto 754.0
277,000 liURhela bt>n venr; »
bilMbels, ngnlliNt iei.u»»l bi*t
Corn—Herelpta 1.990.000 I
1,571,505 iiij*iiei* l«*t venr; ahlpinaats F
bushels, ngnlnwt 536,<*» bushels last y<
ngnln
a Wl.fl
SOUTHERN EXCHANGE
OId,.t E.tahllahefi Offlc. South.
COnON—STOCKS MMDt—-fllli
Orminil Floor Oould llulklln*. Dully
mark.t letter and r^arkat manual
malUd on appllcutlon.
L. J. ANDERSON A CO
Bankers and Brokers,
COTTON, STOCKS, BRAIN
Cormpoidinfs Capital $250,000
acrKRCNCC. THC NCAL BANK
PHONE MIT. PRUOCNTIAL ALOO
ATLANTA NATIONAL BANK '
ATLANTA. CA.
C. E. CURRIER, PrMld.nt. A. E. THORNTON, VIca-Praald.nL
H. T. INMAN, VlM-Praaldant. GEO. R. DONOVAN, Caihltr.
JAMES 8. FLOYO, Aaa't Caahlar.
Capital $500,000.00
Surplus and Undivided Profits....... $500,000.00
We Solicit Your Patronage.
COTTON
HUBBARD BROS & CO.,
Atlanta Offices, 219-221 Century Building
Member* New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Also-
elation, Chicago Hoard of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Hutinesn solicited for the above exchanges.
Direct wire service. Correspondence invited.
Phones 4M, Long Distance 39. A. S. Hunt ace. Mgr.
NUT. L HU. fm/dffflf
901L f. MADDOX, Vicc-fm.
MADDOX - RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
S200,000.00
$300,000.00
ACCOUNTS INVITtD.
Wo Bell the widely known nnd extensively U8. <1 Circular
Notes and Lettere of Credit of Tho*. Cook <fe Son. >
In Our Savings Department we allow Interest atthe Rite of 3 1-2 per cent
Compounded Semi-Annually.
Mem Orteei
WARE! A L.EIL.AND
" -’ONSjST* '
COTTON* CRAIN, PROVISIONS, oTOCKS, BONDS,
No. 2 Well St., fotirt Suildieg. Allots. 0t.
MIMBIKS
Mom York Cotton l
Hem OdriM Cotloe lnheege.
Belt fft«<
rote Wire 1 |« Hem York, Mem Orient. Cbirtgo.
Ck«tg« Beer4 ot Tr»4o.
Ckusae $totk Ittbtnge
Hem jerk Ceftee iuheage.
f C. C0TMKAH Wanner
Sl»i4*(4 rl«M IX.
PIEDMONT BROKERAGE CO.,
(Incorporated.) Basement Floor Piedmont Hotel.
STOCKS. BONDS, CRAIN. PROVISIONS. INVESTMENTS.
Faat Wlr# 8«rvic« from New York, New Orleans, Chicago.
CORRESPONDENTS
M. *J. SACE S CO , AS SROAOWAV. NEW YORK.
low ItOTll. Manager laial aa4 Lang Dhlattee Bell Hkooo lift.