The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 05, 1906, Image 11

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THE ATLANTA GEORGIAN. 11 Edited by JOSEPH B. LIVELY Mr. Lively Ims edited Markets In Atlanta and the South for more than twenty- fivo years. His experience makes him the most reliable market editor in the || South if not in the entiro oountry. IN EARLY TRADING Decline Resulted From Persistent Selling. WEATHER IN THE BELT CONTIN UES OF A FAVORABLE CHARACTER. Tlw reporta on the acreage and con Jltlon of the cotton crop has proved too ieavy a load for the market to carry. They are not all one way, nor are they from the enino source, naverth* lets they go to make a heavy load. Each report has Its followers, hence opinion Is hopelessly divided, so much •o that the course of prices at present does not indicate which side of the ac count Is most confident. At the moment tho bears are ap parently making most and better use of reports emanating from statisticians who figure out the largest acreage and hUher conditions. In that the trend of prices today during -the early trading was distinctly downward. Liverpool, after a three days’ holi day during which time the govern ment acreage and condition report, ihlch was considered by the trade aenerally as bullish, opened this morn- ins at an advance such as frequently occurs under normal conditions, the Close showed the opening advance en tirely wiped out. the tone being eaay at I to 5 polnta below Friday’s finals. Sales of spot cotton wers only 5.000 bales, at an advance of 3 points; mid dllns 6.05. ... This was not encouraging to the American market, which gave the bears confidence, they becoming rather ag gressive shortly after tho onenlng. which was barely steady and un changed to 4 points lower, and up to midday prices continued on the down grade, though on the reading of the government weekly weather report there was an Improvement of a point ° The New York Sun, In Its review of the cotton market yesterday. Says;' "Two years ago; Indeed, In the year when the crop waa 13,350,000 bales, the condition at this tlpie was only S3, or 11-2 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 the slightest at tention to the technical situation knows that It lias been heavily sold for the decline for some 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 short side hy the collapse of the May and July options last week and the gener ally favorable weather for somo weeks past. The advance yesterday must be ascribed largely to the over-crowding of the bear side, although It was due In some measure early In the day to manipulation by the bull leader and some of his follower!.’' C. D. Freeman A 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 the strength, hut the feeling prevail* that abort selling should be cautious In view of the possible unfavorable crop develop ments as the season progresses.” The market was steady In the after noon. with trading very dull, both sides apiwrently allowing the market to drift. SPOT COTTON MARKET. Privsle wire to Ware Jt behind. New* York, June 5.—The into sight for the weak Is estimated at SO,aw bales. bought a whole lot of cotton after the report, “i> cotton both before and after tho report! The scattered Southern short Interest not as largo as It was a short time ago. I rlviite Liverpool cable hays: ••Opinloi Continent bought. mixed. America sold. Jobticrs. long." Liverpool cablet: "Market ver StOAclj* mure xuiure inmn«*«j* Hone. Carpenter, batHUMI & Co. chief tellers today.*^ The market It hoary. Barer* of yester day anxious to got out today. See little ehnneo of rnlly nt present, and think It Is . -w-wtrss. |j bolgeg and no b , H mnrkot to tell more likely. Cotton opened rather lower than expected on Liverpool entiles, due to general selljDg by commission hounet and local crowd. New Orleans nod locals lummeriug the market opening Market does not act bright. Schlll lmmmeriug the market. About 4,000 bales of cotton burned In lire at Htnten JhI.’miiJ. Wcmnnn selling July. The market at 10. <H la stiffening up tome, big buyer of 6ctober~on the" decline'.' New Orleans.. June 5.—It Is hard to >ew Orleans.. Jane 5.—It Is bard to call Liverpool cither favorable or. unfavorable, l utnres arc 3 to « up at lid* p, m.. where- ns they were due unehanged to on* np on !$m On the other band, .pot sales of only 3,406 bales were reported. I ’. h ? flr,t h” 1 ? 1 °L buying the market Immediately sagged off ou what looked like esteoalre abort srlllog. rrirnte Wire to albert A Clay. New York. June 5,-The South la selling f r i?ir: .would go e'ow on sales. The Journal of Comraeri-e says: “Thera was n very general alt of uneertalnty In the drr goods market yesterday early In day. althoagh holders of staple domestics I we re unwilling to concede anything farther In price to stimulate trade. The mall orders Iwere light, hot the week opened with thel promise Of many large bnyera being la the aftw* It was final., .... ]t would end eertous talk about good, going * iiiti miriiimn l old be noted In [ aa soon as It he< g sellers will mslr merchants, trade will move slot volume and quoutlona trill where they arc for some time’to come.' w wrieana. jane a.—new vork wires: eege figures disappointingly small; be- temporarily buying on breaks.’’ •entool rabies as follows: ’Think mar- Uere L_ liven ket will tag considerably." nnd some of tba balls expected would re sult In a decline, prices advanced. The world will shortly come to an appreciation of the fact that a crop of ll.M&OOO bales luring^ the coming season Is utterly !m Gibert & Clay’s Osily Cotton Lsttar. New Orleans, June 5.—Opening prices In the foreign market were decidedly reassuring nnd seemed to reflect a keen appreciation of the government's re port yesterday, but later the trade be came Imbued with the bearish sent! ments that the American market* con tlnue to express and options loat point after point, finally closing 3 to 5 points lower than Friday’s levels. Spot sales showed a marked curtailment, .* only 5,300 bales being sold, but at an ad vance of 3 points. Exactly upon what basis the trado figures yesterday's re port ns bearish Is somewhat difficult of conception, for the condition estl mate of 84.6 Is slightly below tho aver age for tho past ten years, while there l- nothing In the acreage Increase r 3.3 to Justify nny reckless selling on the part of the benrs. An average yield on the acreage planted would be leu than the requisite 12,000,000 bales, snd the records of past seasons prove that fully as many have produced less as hare yielded more than the a centre,' while, on the other hand, with the advent of a change for the worse In the weather—and It Is not unreasonable to assume that the excellent conditions that have hitherto prevailed can be prolonged Indefinitely-*: rop accounts RANGE IN NEW 0RLEAN8 COTTON i "turn futures ranged na follows nt New Pnraas today: teat Previous Open. High. Is>w. Hale. Close. Close. Jon- .11.68 111,(0 lines lo.CS lO.SS M.8970 J.nlr .RS0 10.11 1*.«7 10.7s 10.75-74 M.77-18 Ail-- firpt 11*49 v 10.3 10.M txa 10.fi ion -ioa io.i iolii lira last* iaii-is J»11 .n.35 10.* 10.S 10.* 10.XJ6 11.2221 *>• ie.43-45 10.13 46 Uowtl Hiciuljr. RANGE IN NEW YORK COTTON. b'llowlng Is the range In cotton Nitres Jo Now York today: „ ... I sist -Previous ... Open. High. Low. Hale. Close. Close. gST .P1.5-I 10.10 10,« 10.« l-i.M-p; 1*43-47 Job . Rg 10.0 10.45 10.49 10.49.60 10.60 51 i.o ' 23 I*-*' 1M2 10.4I-4S 10.36-37 fef ’ J2-45 16.33 MM 13.33-34 10.26-27 £'■ -J2-J® >2*> 10-26 10.31 1*31-33 10.26-27 Is, ' 0.38 lt.37 M.J7 10.29 30 10.27-3 Si’ - • i-S 10.42 18.29 10.34 10.34-35 1*1*41 .* - 0-2 'OH 10-33 10.SS 10.37-:S 1*1445 £2^10-46 10.45 10. w, 10.45 19.3711 10.3445 I'“ s l 10-51 1*43 10.43 10.4647 1*42-43 Closed steady. Liverpool cotton market. Jr»ri M ." , l. Jung 5, 12:15 n.m.—t'otton. l ,r *C p *-®* nn '»3 r : mlddllnj S’/oO^l^lAV^rAn^caTi.---. Cli-sn " port ’ *“• Rom'lpta, L000; I'uton-s opened firm. I’rer. Close, rlose. K Ft? Juti** jon" July" toir-Ati, ... fel.-IM IWt. \,, v "• Xor I*vr.-Jan. Hill* i«s.4VI». .... ’ Un»nt m,j. 5.21 :::::: IZ* U :::::: i:8tS 6.636.69 :::::: «.«2 K.C0 561 E8 5.C3 i.n 6.71 I 6.67 6.67 6.M wdrt receipts. R SfiT rocolpt. at lb* rear: with the aaisu tier •••Tun ; ** r *HDab” *■***• EST™ JcUioom cl?"* fc* Town wad l***a—la ,} figjl . will became less glowing and Indues sufficient buying to bring about a good reaction. With this consideration In view, and the fact that the world’s con sumption shows a steady Increase with the culmination of each year, there ap pears little cause to Justify seriously lower prices for some time to come, but in the meantime the character of the weather la the Influence of the mo ment amf may be expected to cause fluctuations sufficiently broad to Induce Increased market Inter*** L. J. ANDERSON & CO'S. COTTON LETTER. New York. Jurat 6,-Uwrpori spinners cere Inrilned to Inks e dlrappotutlnf view of Yesterday's government report, and BN sales amounted to only 6.000 bales at an advance of t points’, bat: liter la the aea- elon the market weakened sod at .the close . _ nrket behaved, as to be expected In the ftnrnf thU kind of -Liverpool market, awl esasd off during Ik* aesaion. On the ileellne, however, there waa some good buying for Urge account who argue that the decline has fully dlecnunted the *«*stlo» ned that prices are due a reaction. There Is IlltU uewto he Slid of tbe situation except that tbe weather ranort today was -1 Ishtly IS- voralde to tho bulls. . Since the decline ts this new lend we believe purchases tu be peferable and should /UbTfsIr profits. INTERIOR MOVEMENT. Total 190* ESTIMATED RECEIPTS, New Orleans expects L70S t» 2.30* hales, against *315 hales actual Uat year; Calves- M 1 r..! to LK* ggalnat 5.3*7 actual Uat year: Houston. 1,10* to 3,1*0, against 3,543 actual Uat year. COTTON SEED OIL. SSSSJ?::::::::::::::: SSfes Closed steady. sSwd! 11 *V the annual revenue to the goversmest of*.- 40**0* This maoeyls lUstribsted smeng tb^auton... ^•‘Jjg^jSeiSura^ cent be apeat In 4 At the Opening Prices Showed Advance. BULL INTERE8T8 WERE CONFI DENT OF EA8ILY REACHING HIGHER PRICE LEVEL. Bj Trlrate Leased Wire. New York, Juno B.—Prices have l>ooo creeping slowly upward for six days prev ious to this morning. Umlor tho most fav orable conditions this circumstance should be showing hesitation and an lrrcc iar price movement. Apnrt from the li RANGE OF NEW YORK STOCK MARKET Amnlgnmi Atlantic Aiucrli'iiu I.. prefiM filing llfrtnlnr Atchison do pr Anifriean Cotton Oil Baltimore ami Ohio Brooklyn Rapid Transit Canadian Biu’lflc Chicago n ChoHJiptuikf am) • " I and In rthwestern....*, «l.i profe Contra! loathe Chicago and <31 Chlfago. Mlhva do prt fcrrtNl General Kloctrie Illinois Central American lee So'oMirltlei...* Isoulsvlllo and Nashville.. Mexican Central... Missouri l’aeltlc New York, Ontario and Western.. the situation this morutng. London, on ro- sumlrg business, sent over an It for American shares, and under __ _j W_ number of tho pool specialties wvre taken in hand. Ileadlug, Smeltern and the Gould In the fnce of the lieglnnlng of the conn merce crninmlsslou Iwjulry fcalay—were «l»: exceptionally strong. While this demon St ration was on some pn.flt taking went or 1 profit 1 Mi of yeat — IsoalsTllle. Atchison an i niuu 1 n* in 1 '. I4UUI1.1111-, Atmi"''n niiti 4’oloraitn Fuel. This IrrvguUrity coutlnuct during tbu rest of th* morning, but th<- main tsndrnry of the market eoatlnunt buoyant, and aftrr rath recraslon prices ram. back easily. In th. stock market at tk« opening prices showed a general advance; 8L Paul up 44; Car Foundry 44 and oth.ra 44. Erie waa 44 tower and Union Pacific off 44* Ths market generally dlapUyed a good tone. The market waa strong again all through the first hour, making six days of a con tinuous upward movement, nnd It Was neu trally imMmI that • U' noui-U Inter**,! In thu market baa steadily Increased as prices advanced. Wabash securities. A statement waa cur rent that all differences between the Wa- luisb Imndholitera and themanagement bad been adjusted and t * * that an agrsemaat had also been mad* with the Pennsylvania rail mad, and that within the next two weeks the Carnegie Steel Company will be shipper of It* product lu large volume over the Wabash system. Taken altogether, the tone of the market was strong snd the bull TIPS FLASHED From Wall Street Private Wire to Ware A Letand. . Summary of yesterday'! stock market by Dow, Jours k Cr Jore interstate commerco coinmltteo in l’hllnilelpkln today. Hoot hern railway “ ill Weitcrn gross In- .jper report (hows that Its surplus rash is held by subsidiary com panies. ngay Mt! movement of Iron ore from mine, Hunmier^iullosea In anthracite trade, but id business this mouth In i plentiful In bum crowd. aek to London early In Valuation of Chicago Union Traction per. :ii*dV, p e:, o ^.{^.«.'ei ,, '^ ln M Iraa'than lait gear. Twelve Indp t "Bullish operations seam to us llksljr to m> continued In tl. stock market today. N a7iF©Si professional* baa aubstantlal Ueklug. velopmeuta over night Include the meat report which, tt must bo naliL to not as ■ensalloaal as bad been expected, althoagh bail enough; l.ut It to not ‘likely to be an advene market factojblt may bo ra- marked right here, twwmrra. that tho prra- ent profeastonsl atoch market, Ilka all pro- a isional markets, to stmcrptlhte to sect nut disturbances temporarily, and w« aggressively billowing specialties or Inds- psndent leaders." WARE & LELAND’8 DAILY MARKET LETTER New Y’ork, Jnao K-Tbe netlon of tbs llirorpeol markst- aa thaWrahlng'-n port woo distinctly jttaappotaOam Instead of adranetng. as had beei sxpectsd, price, 'ran off several potato In that mariwt and showed decidedly more wsshnera than was <a evidence here. The deehne abroad start led the renewed llqaldatloa In the local market amt aa a resalt a low record was Sid. In July of J0.43O. with October about weak, there waa not enough p decline. EbTiS; I. tbS nature of short ante than liquidation. There: wna Iran selling In the Mouth snd sosut short raverlng. A promi nent operator, who odd several tbourand hales on the advene* ymt«ntor. bought S tbe decline, taking over a dollar a bole profit on a eopatderaW. lino of October amt December. Outebl. of tbs prafeealonal trading, the market was not broaiL anil the weekly weather .report showed rain wanted In ra many different sections that nreaannr waa withdrawn on tbn decline, ^ntha.r.f rontlnnca d<wMadly mlx«l. but It &L5K ai'^be'^dlstanr'oiiUoni go, June 5.—Wheat: unite strong early on... tbe Northwest, smaller world's and n bigger decrease os pssaar hardly coked for. Bttlttoh rastlmcut was not st all rampant, h-wever snd on sell ng The market mre rain In ■shipments ge than waa by the Northwest. It ladnesd rams rralto- it, althoagh th. mark.! waa atrraxtbraed at times by an nptarn In eorn and oats. Outside buying orders were raarra, and there did not reran to h. mneh Inventive on wkest fur Investment. ntj-r, It ."I'l’C-re, was held by loeal .-icratore that will eome rat «• any ahow.of weakness. “ *■ 41ASAHA nr. GIBERT & CLAY STOCKS. BONOS. ATLANTA, OA. HCMBCRSi :x'-hmg*!NMr Orleans Cntton Kxrhanga.|Cblca«o B««>rdiof xctungf N>w Orlasna f.’xcbanz- » **ri o'*l * xchaugo ,Sow OtUnom Dor.nl of 7ra«l*» '.aIvMton lotton ^•;sl and Long Dlstnnca Talaphona rd of Trad#. Asswtatlos CirltUfS all Kifhangf* W. R. FAGAN. Managsr# b? fsr 1 . w iKra^h^'^ib.- Mon rarer, bst tho fstsres do not art at all stoat, nnd It appears to ns as If this revest emb! Its boWght codsMrrsbly lower *STml5rfi!r(STrenwd arid snrty. aa they ..-ere all lesrtah. but the haying was of g gmal rUanrtrr. allhonffh -there waa wore or lera rraltxlag with th. undertone ratber strong. On raft apria w. are Inrtlne-t to h pravfiK*^tbra. was selling early, with M> feeding that prices would ex|.-rl-n< - n expos.re* feeding that Price, would e: g Perak on the stock yards __—__ English Irani hraght tart* while packers Irak on pork and ribs. In n rap- porting way. Anuour was a fair nrtlcr of lari. It app#ar» to us as If csawnmptloti New York Contral Norfolk and Western routiKylrnnlii * Peopl#*s pns..^ Blinding i(*‘l>ubll<' Ft eel «... Bock ilu. Unito.l Statoft Hublier tlo. |>rof«*rrof1 Font horn I’nolth-..' * * Fonitheru Knlhvnv * ilu. proforrotl SIiinh SbofTlobl Tennessee i'onl nud Iron. Torus an«1 I'ndflc Union l'nclfle ••*•••••••*.0**.•*•..•*•*•••••• United Ftatea Ft eel do. Vlrrjnln-Unrollnn Chemical....* ilo. preferreil Western Union........ * Wabash do. preferred Wlaeotiiln Central * Jo. preferred OpenjHighi Low.Jcinsej Bid. icioa* " A *V] J jW k llAll-f “ L8 ^ fL WT ll:* HS»| 14D i - l s i '• 1 , u ^ l4| 1 :*»*• 1 115 US | 115 157', )f9% 119V 119* 7<H* 7tH« 115 114*5 lit 166HI l.'A'*' 1 MS m\\ lr.'V* l".' 1 * Iflfft 1M2HI l n -'V l« T s 3.*4 .L4 3J*» '* ! 1084 1«5 l'*s«H 1« 107H K5U 84*« 161S 16)1ti| 160HI 1C1 I* uii ^ 4 «;•■*, ci ciVi <1H »as 4-!»| 42*41 t-*S <•-* ■ I...... 104H 104 19Vi r*S- l:*'w l’.*S I*', l"w 1765 17f»S 174U 174S 174^ si4 I ri(«, riai, zts% 2W* .59', 42H £ Si: GOVERNMENT WEEKLY REPORT ON WEATHER Alnbntnn—Moutgoiiier/:. The first two days were cool, lint tho remainder of th# week wna warm." Fair weather prevailed In warm, > countlen. Con ly heavy rains occurred- In th# aouthern counties and o^cr most of tho northiTii 'Ihtrli’iH. nnd Cool. l»ut th# Int ... remit and warm. The tern perm taro wns fibout normal. Much neoded rains occurred ilurlng the mtddto of tho week, except In cxtrvm# aoathem coanttas Light ball occurred iu some ploces, but efiosad no damage, (Jeorgln—Atlanta: The temperature was abnormally low during tho forepart of tb# week, followed by n gradual rise. Th# mean temperature was slightly below nor mal at most atntlona. The qoutbern hnlf of the atnte received practically %oo rain- fall, but light to ctirred over tin* northern half during tho eool, temperature averaged about normal. Loral showaro, heavy In somo localltlea, oc- enrred Friday. Katunlay nnd Sunday, but drought continues unbroken In soma plr~ The sunsblnn was nbont normal. lllgb - the week was elear and cool nnd fbo fntter ere were general on the int nnd 2d, being heavy In the extreme northern and south ern portion**, hut tho rainfall wns deficient orer tho middle third of tho state. • North Carolina—Raleigh: Tno wenther was generally cool and clear during tho forepart of the week nnd warmer with tdiower* during the latter pnrt, tb# tern bomn: The temperature and Mtimddiu* nv- crngerl about ths normal. Tho first three days were clear nnd very warm. Th# pre cipitation generally waa. deficient, hut time- show era occurred dally from Juno l to Inclunlvc. scattered areas receiving more than the average. South Carolina—Columbia: The early pnrt V. urn. but tho average precipitation wns below tbs normal, tndng light over tbe northeastern normal, Indng i mintJr*4, Trxnn—Gnlvmton: The week was unusual- K warm over the eastern half of tb# state. umeroun moderate to heavy showers oc curred during the latter half of tbe week In northwestern, northern, northeastern and central counties. No rnln occurred to the coaat countlee or .In the Bio Grand** \nl- ■um«f Rihipl ley, Tliere la mneh complaint < drought In i»*»iith*-.nRte.^ count Ten neon##—Nashville: The was oaaaaaenaM# th# first two flays, hat waa normal or abov# during tho middle and lu tot of week. Showers occurred from Thurwlay to Matnrday. The week waa gen erally favorable. NEW YORK COFFEE MARKET. STOCKS REVIEWED BY N. Y. SUN AND TIMES "With- _ Jg UN lay of particular moment, or without de- ■ail— — — j --—-— 'lopmeuts of nny kind bearing upon tha country and tlrat have been so long In evt- fi ‘ - Tr - r7 Mi wm Ibnii bnolnesa in the market waa still notable by Its nbsenco; that thu trad- big wns still as strictly Bfwcsslowil as It has been for weeks past, nnd that, al though tho innrki*t undoubtedly broadened, the buying mostly* coDcontrntoil upon a few stocks ouch na have boon of late subjects of pool mnulpulntlon. Tho gi*neral* basis for the rise wns doubtless recognition of tho fact tbnt throughout tho week tho mar ket, nit hough very dull, betrayed on unmis takable trend upward of tho kind known will bo for somo moiitha to eome, _ amount of money available fop Wall street', uae and the state of tbe country’s crops. Both of theso seem to stand just now la an -xtremely fovornbU " New York Times United State* Ft col stocks essential a ball market tended to uidOCn purcha trading. It Is surprising bow light a trade i been lately In steel Issue*. I’enn- Trading sentiment waa markedly bullish yestemoy. Tho street wns freely supplied with bull tips relating to Union isrlllc. ti|» - ^ - Fmoltlng. Missouri, Kansas nnd Texas, Brie, Fteel and a numlH*r of other stock# Hfrongcst of these tips refarrstl to tf ‘ NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware & Letand. Chicago, June 5.—later Ocean; "Weather eondltlous were most^ favorable. Tbe eouthwret ha<l good rslus, the weather map ■bowing nearly cue half Inch At Wichita. Hodge, Oklahoma City, Abilene nnd nearly an Inch lu tb# Pau Handle of Texas, and tbs satire state of Kanaas had «njrwh a aptiukle to an loch of rein. Har vest Is ou In Texas, and will commence In Oklahoma this, week, so that dry weather *- nereioMiry. At. Joseph. 51a. had an Inch »f rnln. the first In six weeks, and Spring- field. Mo., almost lialf an Inch, nnd of Missouri bad rein. Iowa and Nebraska had good rains and there were light show- the Ohio valley. In the oorthw ns too much moisture, and showery ns are .predicted orer the central states. "Cavanaugh, the Kansas rtty agent for It. O. inm »v i uui[isnr st Wtchltn, Kan.. ys: *5Iy estimate of Kansas lu bunhcla TONE WAS FIRM; PRICES HIGHER Commission Houses Were Good Buyers. SMALLER WORLD'S SHIPMENTS AND UNFAVORABLE WEATHER WERE THE CHIEF FACTORS. la pot orer 60,!» respoudeuts who •peak very pesslmlstloallyl knocked off the wheat market Into by Ilf the fiilfillntr ' .. . .. itoVt on blda sent oat Aatunlny night, one Nebraska house taught 300,006 bushel# He- aplte tho holiday lh« re was a fair demand bushels. Tbe Kansas City il Ft. Louis corn markets were weak ami He lower on com oml New York was also hoary. "Cash eorn In 8t. Louis was OUfific. At Kansas city No. 3 corn wo* 4C’*Jjl'>V nrnl s.. "At. Louis had 411.000 bushels eorn. "Charter* were made here for 106,000 bush el# corn st Hie to Buffalo. estimated them In hls^Saturday's report at 10,900,000.. As Uverpool was closed, tbs regular ■tntlstlcs were not glvon out. wheat market has been shaping tor yat enough complaints are coming serve as a moderate bull motlvs. Nothing At opening of Interatt. The Atrenpth .In northwest eurted us. . Local . not bullish this morning. ilellman has lieoo the best seller of corn. Not mneh wanted. All local commlnlon houses doing very tints a shade easier on selling by pit crowd, who are bearish. Trade ao far very Private Wire to Gibert * Clay. Chicago, June E-Wheat opened firmer on the Ohio crop report making tbe con dition 95, against 106 a month ago and Id a year ago. on the cnormona decrease In supplies, aa ocean passsgn last week, the smaller world's shlnnieuts and the firmer tone of aatsld# markets. The demand has been scattered. Felling of July by Peavy has been rather persistent. Corn opened luwer on tbe fine weather for the growing crop nud reported lareer country acceptances over th# holiday. Tire local scalping crowd is bullish and playing for rauy. Uarkat took* heavy. Oats opened steady with A moderate trade, but offerings are light at the moment and will work higher ou any baying. Provisions opem-i! on liti^rln^ of JnTy riba by Cudahy and lard by A .H. White, nnd Bartlett-Krodler Ac Co. Offerings sinull nnd a good demand from pit shorts. VI8IBLE SUPPLY. The following figures show the weekly Visible supply of grain. Wheat, dc reuse 1.162,0V) bushels. Corn, increase l.oci.ono bushels. Oats, decrease 1.147.W bushels. to (lormanla Havings Bank, tut crU jj.*»»)—Oils Cook to Jennie V. Cook, lot on l<ognu nvenuo. Warranty deni. JJ.OOu—LIndsny 1). Watson t»» George V, Kubauks, lot on Washington street. War- inty deeil. 61.200—W. W. Hildebrand to K. A. Illlde- brand, lot on fJndcn avenue. Worrouty dei’d, •!*"" Limes I, lllglit i" .! T Klmlirniigh nit'l .Ixhn N MmIxiic. lot xii .M.iiigum better ton# to the whole market, anrt under Its strength tt wns found ensy to take •rollts elsewhere without affecting prices any estent. Tho usual profit taking which follows a Monday morning bulge failed yesterday afternoon to enuae nny |>rie# reccttlona to speak of.'*—Gibert A 8TOCK SALES. 11 n. m.. •• »• •• •• .. •• ..2®.ooo shares 12 noon •• .. .. **4W.9» sliare# 1 p. m.. (toh.WO shares W:::::::::::: STATISTICS. dellyerj totlxy Id New York: . anoarr 'rimer; April . f r:::::: t 6.90-4/8 K.90-C00 MM.00 6.86-fi.W ust.... 1004.10 4004.(4 Ani Juno July. August i#pt#n»b#r h’tolief ... ... November ... , December ... , Closed steady. PROPERTY TRAN8FER8. 61400—Keotnrky Refining Company to John 51. Green, lot In Hast Point, ou Flor- enri* avenue. Quit claim deed. 61^00-Joha 5L Green to W. B. Upchurch, lot In Hast I'utat, oa Monaco arena#. Warranty dead. fijno-fr.ITl„ M r church, lot lu Bast Point, on Kloreoc# avenue. Warranty deed. t3.£iv—Mrs. 5Iary L. 511ms to W. 51, Nichols, lot on Vr. Mltrbell and 5fangum streets. Warranty dred. 6200-Ftnma Tuylor to U D. Carml«*bo#l, lot on Randall u(rsot. Warranty deed. street. Warranty deoil. By Private Leaned Wire. Chicago, Juno 6.—Tho *«!ge tho Increased supply thrown Into th* pit* and by the refusal of buMs to ab sorb th# grain thrown * overboard. Wheat closed l-SQ3-8c lower. Corn showed that It was under conalderahlo pressure, and It sold off from the top prices, closing l-4<jpl-2c lower for the session. Oats refused to follow i orn and closed 1-«eJ-Sc better. Hog proti- ucta were steady as the day wore away. They closed 7 l-JfplOc higher. There were decreases In the visible supply of wheat of 1,152,000 and 1,147,- 000 oats, while com Increased 1.081,- 000. Primary wheat receipts 754,000 and com 3,000,000, ngainst 704,000 nnd 1,- 233,000 respectively a year ago. Clearances were 203,000Mahals wheat. Including (lour, TO.ouO corn and 4,000 oats. Cash sales wheat at Chicago 2H.000, qom 110,000, oats 320 000. At the seaboard 6 loads wheat, 2 of com and 100.000 oats. Smaller woiid’a .shipment* and large •!• <i«. i --•«• mi i •usHiigr, together with • lain In th»* northwest und none. In the southwest, wna rcspon^inln for a Mr M nn-l higher opening In wheat, with fairly good buying by locul commission houses. CHICAGO GRAIN MARKET. WUKAT— July .. n% Aept .. Ms Open. High. Low l iff CORN- Aept Dec. .. 47ft OATS- July .. IV. Kept .. 23 Dee. .. 33'.. l'ORK- July ,.HM Kept ..IS.* 6*pt . .l&.a LARD- Sept on ..«.a F1DKH- •f nly .. 9.07ft Kept „ 9.06 Oct. .. 8.90 CHICAGO CAR LOTS. Wheat «'orn .. Oat* ... Hogs .. 12.000 35,1, BUILDING PERMITS. 1100-Dr. M.* Mrll. Hull to add to real dciiF", IQ W, p6»nclitren street. 6I.60>—W. II. Vannrrnuiu t«» build threo story frame dwellings, 34 2M .v, A Tit- ton street. 66,000-A. R. ftleConnaB to build two-story frnino dw«*lllng, Ct ft. Boulnvanl. 67^—lira I.. O. Rejrnolils to liulld frame stnlde at 366 GlcuBWood avenue. l/.ftiO-Alexander Lumber and Manufac turluff Uomnany to Imlld two am# story dwelfinn, 1115 IfeDomnigh Road. IAO-J If. Frasier to add to two-story frame «lwelling, ai: Gonlnn street. _ 636— lira. A. Jom*a to build frame milk depot. Foutb avenue. JS.ono—\v. a. Foster to build two-atory dwelling, 375 Gordon street llA I ' A 6a k.1 Rritton to build addition to build one- story frame dwelling, 841 riadmont avenue. utA^nithjirq Huify to recover frame 686— Rlchanl Henry to n dwelling, Mi W. Fair atreet. 600—11, 51. llaaaell to bull) hri»*k atore, 91 Kennedy afreet. 6400b—ft, J. llsgfll to MM two-atory frauis dwelling, m Juniper street build addition to i nknown oifrn'JM at Grady Jfnsfdfal. Hors May Willisina, colored. 17 rears of re. died nt 1V» K. Harris street, infant of 51. Ileony, colored, died St rear ~ Capitol av«nuc. lot on Randall atreet. Warranty deed. 6400-RenJsmin Conley to J. if. Dennard. lot on'Femme* avenue. Warranty deed. 6S.JW—Mr*. Kvn I/*e Kelly to Mr*. Ms rah M. Audoulo. lot on MWedge avenue ami Grant street. Rond for title. feiSb-Mra.' C. F. Daniel to lira. L. 11. _ ■■■i H Daniel, lot on Woodward avenue. Rood for 79 DeKalb avtuue. I ^ II,vo Mr*. C. F. Daniel to Mr# L. H. Daniel, lot on Woodward avenue. Rood fur street. Walter Jaeoway, negro, 41 years of age, died at Orady Hospital. “ I# llortoi NORTHWEST CARS. Following tnlde givoa thu northwest ears of grnlu tiNlay, last week and hint yi nr; l.-iat t,flst Today. Week. Year. Minneapolis 173 122 197 Duluth (A <3 W t'blmgo ... PRIMARY MOVEMENT. ulnst movement 4 Whejt—R#ceh>»a 754,- 777. »*> Ixttol" In Inti real tniNhel*. against 10CLA06 1. . Com— Boceltrts 1,900,0m h«iih< U. ngslnst l.'TI""0 l.tmhelH In-6 v.mii -lilpinniiB rAS.009 tiuidiels, ngntnst Ll*, 1 **! l,n»U< U hist year. SOUTHERN EXCHANGE Oldest Kstabllshed Office South. CO non STOWS—BONDS MAM Ground Floor Gould Building. Dally market letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, •COTTON, STOCKS, GRAIN Comspondant’s Capital $250,000 ptcrcncNCK. thi ncal sank PHONE I4IT RSUOCNTIAL SUM D title II. Kimbrough nnd John N. 51s- (T ATLANTA NATIONAL BANK ATLANTA. GA. C. E. CURRISR. Prrald.nt. A. E. THORNTON. Vlci-Pr«.ld(nt H. T. INMAN, Vi?« Pr.»ld.n*. OEO. R. DONOVAN, CMhl.r. JAMES S. FLOYD, Au’t Ci.hl.r. Capital 6500,000.00 Surplus and Undivided Profits 6500,000.00 We Solicit Your Patronage. HUBBARD BROS & CO., Sm Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of 'I rade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence invited. Phones 4V4, Long Distance39. A. S. Hustace. Mgr. MADDOX - RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS $200,000.00 $500,000.00 ACCOUNTS INVITED. We kcII the widely known and extensively used Cireitlnr Xoti s and Letters of Credit of Thoe. Cook & .Son. > Our Sivings Department .e allow Intcrett !t the Rite o( 3 1-2 per cent Compounded Semi-Annually. tirL Nf* GrlfJ.I. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Mi. 1 dr,11 SI., Mn 9.941,,. atl.iti. Ct MUMS: Htw fel Celt** bdifiir. Atm Orlttnt Cotton InAstgo. CA'Uf* Board ot Trado. Boll Pfta l to Nr ofloa , Now Orient, Ck toga. iadard rhooa 2%. PIEDMONT BROKERAGE CO., (Incorporatad.) Baaamant Floor Pi#dmont Hotol. STOCKS. BONOS. GRAIN PROVISIONS. INVESTMENTS Fast Wlr# 8«rvic# from Ntw York, Naw Orloana, Chicago. CORRESPONDENT U M *1. SAGE A CO . 43 BROADWAY. NEW YORK. COST NOTH. Manager Loeal sod leaf Dltlaa<e Sett Akooe tWt. J.