Below is the OCR text representation for this newspapers page.

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.