Below is the OCR text representation for this newspapers page.

ATLANTA GEORGIAN. 11 IN EARLY TRADING Decline Resulted From Persistent Selling. WEATHER IN THE BELT CONTIN UES OF A FAVORABLE CHARACTER. The reporta on the acreage and con diilnn 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 Irss they go to make a heavy load. Each report has Its followers, hence opinion l» hopelessly divided, bo much •n that the course of prices at present does not Indicate which side of tho ac count Is most confident. At the moment the bears are ap parently making moat and better uso of reports emanating from statisticians who figure out the largest acreage and higher conditions. In that tho trend of prices today during the early trading was distinctly downward. Liverpool, after a three days’ holi day during which tlmo the govern ment acreage and condition report, which was considered by tho trade generally as bullish, 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 tono being easy at | to 5 points below Friday's finals. Hales of spot cotton were only 6.000 bales, at an advance of 3 points; mid dling 6.05. . , This was not encouraging to the American market, which gave the bears confidence, they becoming rather ag gressive shortly aftor tho opening, which was barely steady and un changed to 4 points lower, and up to midday prices continued on tho down grade, though on tho reading of the government weekly weather report there was an Improvement of a point ° The°N.w York Sun, In Its rovlow of the cotton market yesterday, says: ■'Two years ago, Indeed, In the year when the crop was 11,(50,000 bales; the condition at this time was only II, or l l-s 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 has been heavily sold for tho decline for some time post by the South and that the local clement. Including not a few of the Wall street traders, had been encouraged to tnke tho short side by the collapse of the May and July options lest week and tho gener ally favorable weather for aomo weeks past. Tho advance yesterday must bo ascribed largely to the over-crowding of the bear side, although It wob duo In some measurs early In tho day to manipulation by the bull leader and some of his followers." C. D. Freeman A Co. say of the day's market: “The market shown consider able steadiness, despite rather heavy selling. The underestimate of the acre age haa little to do with the strength, but the feeling prevails that short , selling should be cautious In view of the possible unfavorable crop develop ments as the season progresses." The market was steady In the after toon, with trading very dull, both sides tpparently allowing the market to drift. SPOT COTTON MARKET. Atlanta-Quiet, He. New York-Quiet. 11.S. Au*u»U—Qulet, 1014c. fltvannah-Qutet, 1C%C. Ht. Loula-Quiat, He. <’h«rlf«ton—Steady, 10%e. Philadelphia—Quiet, u.M. I RANGE IN NEW ORLEANS COTTON Cotton futures ranged ns follows at Now Orleans today: _ hast Previous June .lfs?' lo.lf’ioj*' ftf'.' iSm*" iaV?“o July .jiS w.n 10.(7 io.w io.;i-;a i».w-t* Auc. .io.s: io.u 10.U io.li io.mo io.«7-ti get' M.H iaas mis uii loin* !>«.' Imi* ibis ibiio mis loiHift ioiS« J«n. .10 35 10.* io.s m* in.*.* usii 19.43-43 10.42 4* Closed steady. **NGE IN NEW YORK COTTON. The following Is tho range In cotton Mures lu New York todny: I ,n nr Pri* NEWS AND GOSSIP I O' the Fleecy Staple. Private Wlro to Ware & Leland. New York. Juno 5,-Tho Into eight for tho week le estimated nt so.ooo bales. Wilson bought ■ whole lot of cotton after m yiport. filES!****.®*! to picking up cotton both before a rut after the rrport. V"* ^v^r.u,. u * fJTerpooleabjss: "Market very steady; r^mu^rco bn ch', n ,?“«,f.r-,oi;r nt "' present, and tMnk It le nxi^Ukriy U ,U bu,(T * >Bd big ('Ottoo opened rather lower than expected Mt&t.^Mn^'.rned In fire' Kdited by JOSEPH B. LIVELY Mr. Lively has edited Markets in Atlanta and the South for more than twenty- fivo years. His experience makes him tho most reliable market editor in the South if not in tho entire country. At the Opening Prices Showed Advance. BULL INTERESTS WERE CONFI DENT OF EASILY REACHING . HIGHER PRICE LEVEL. at Htatm Island. Henman nelllng July. The market at 10.03 stiffening np some. * hort covering of OetotSr ami Ueeambtr hr commission booses' ‘Mohr big buyer of October on tha decline. . Orleans. Jane 5,-It Is hard to call Urerpool either favorable or unfavorable. Futurea are I to 4 up at 11:*) n. r as they were due unchanged to « New 'ork. On the other* band. I of on!;. 6.000 hales were reported. .After the drat burst at tiuylng tbs msrke Immediately sagged off- on what looked like extensive abort selling. Private W!re to Olhert ft Clay. York. June 5.—Tho South la aelllng frrjy: woul.l go slow on salsa. Tho Journal of Comm.rce says: "Thara WBB a very general air of uncertainty n tho 11 rv t'lWYll a vimsl-af a - - * oo.il day, a! were unwl In price tc were light. ...... promise of many large buyers being In the market In the next two weeks. The cotton report was discussed In all quarters, and nfter It wai finally Issusd It was fait that —•V* •• .sosb as it becomes clesr that ths leading aellers will maintain value! on the preaontlani, It was laid by leading merchants, trade will more along fn norma volume and quotations will hold about where they are for soma time to come." New Orleani, June (.—New York wires: Acreage figures disappointingly sm " tiers temporarily buying on breske. Liverpool cables as follows: "Thlr ket win sag considerably.' By Private Leased Wire, o New York, June 6.—Prices have been creeping slowly upward for six days prev ious to this morning. Under the ntoet fav orable conditions this circumstance should lie regarded es sufficient reason for the market's showing hesitation and an. I ■mall; be- Xk mar. oatrated today when upon a government report that all the heart and some of the bulla expected would re- suit In a decline, prices advanced. Thi world will shortly corns to an appreciation of the fact that a crop of lLWCooO bales nrobntla"* comn * sesson la utterly !:::■ Glburt A Clay’s Dally Cotton Lsttor, Now Orleans, June 5.—Opening prices In the foreign market were decidedly reassuring and seemed to reflect a keen appreciation of the port yesterday, but ; came Imbued with ments that the American markets con tlnue to express and o after point, finally closing 3 to 6 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 tho trade figures yesterday’s re port as bearish U somewhat difficult ion, for tho condition ost|. ,6 Is slightly below the aver- ago for the post ten years, while there Is nothing In the acreago Increase of 8.2 to Justify any reckless selling on the part of the bears. An average yield on the acreage planted would be less than the requisite 12,000,000 bales, and the records of past seasons prove that fully as many have produced less as have yielded more than the aceroge; while, on the other hand, with the advent of a change for the worse In the weather—and it u not unreasonable to assume that tha excellent conditions that have hitherto prevailed con be prolonged Indefinitely—crop accounts will become less glowing and Induce 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- mars little cause to justify seriously ower prices for some time to come but In tha meantime tho character o the weather Is the Influence of tho mo ment and may be expected to cause fluctuations sufficiently broad to Induce Increased market Interest. U J. ANDERSON A CO'S. COTTON LETTER. i 5. 12:15 n.t “d export, 400, Uscripts, 1,000: LIVERPOOL COTTON MARKET. e&'ffi US? A p.m—Cotton, "I'btnils, 6/0,1, - s|"‘ni!ntbui at,, am-rl.-nn. fan, Futures opened firm. _ Prer. Juno . 0p X5'*r' C !°^' '-'??*• July-Aui. IS if sis 8 •’°* • • I »♦*<• Kitsa ^ H P*-’vJnn.' , n2 ln i r ' h 1 1'Wsl rosy. Th , T f < JP A X’» PORT RECEIPTS. Hr?/ w 1*61*' abows ro-cipta at the “•tTMr* 7 ' tolB ®*red with the earn* day take a disappointing view wilra imoaoted to only 1,000 bilw it an advance of S points: bat later In the tea- Mon the market weakened and st the cloro was easy st s decline of 3 to (Joints from S it week's finals Tha New Yrwk market hared, d to bo expected In the face o:' this kind of Urerpool market, and eased off during the aeealon. On the decline, however,, there wee some good ha/tator srtjffTS^mSsyxki prices are doe a reaction. There le, little new to lw Mid oftbe Mtnatton except that ; b o*raSrl5 , Jhe rf ra?a‘^Jce W, , , h. , r^ % pef'rable * INTERIOR MOVEMENT. f!ou«i*a .......... Auguata Memnhla Ht Koala Cincinnati IK* *S ESTIMATED RECEIPTS. Sew Orkana expeeta 1700 to 2.JOO nalaa, against 6.315 bales actual laot year; Oalrca- ton. 1.000 to apilnat 6.307 actual iMt y*ar; llouatoo, MM to 2,100, agalnat 3,643 actual Mat year. COTTON SEED OIL. In HwItxerMud a atate monopoly both the dlatilUtloa and aale m all In* toxicants, end tone* good ha« «lro*' J re- s'e'Si sijijtWbi'MasPi MAMA. TOs BtaSey le dl.irlbute.1 among the enntone. with ftir X r ''?\?lJ£iLJ!! c ¥ er cent be epent la eombauug intemperance. GIBERT & CLAY • TOCKM. BONDS. COTTON. CRAIN, coerce, provisions MIMBIRSt ATLANTA. OA. 11 c - ALABAMA BT. Jut*** Exchange .'New Orteane Corton Ex,'hang*.|C*lraseBesMef Trade, ! Torkcottao Excb.nfc New oricna Stork Exchange. IJverpeel Cetton AMJcta'l"* «» lork CeCeu Kicheng. ,.)>> orl-ai.e Beerd of Trade riilteston Cot toe Bxeheegs Lccsl end Long Dletsnco Telephone 52((* W, R. FAQAN, Msnefler, RANGE OF NEW. YORK STOCK MARKET Refining.., oil VO,, Amorlci do prefrrml American ^moltlus U**niilsir.. «... «Io i»reft*rr»Hi...r. ; Atrhlaon «lo prefcrrwl AmrrlmD Cotton OH HmIt 1 ii -tre nii'l Ohio Kruoklyn Knpbl Trauvlt Canadian IMfir Chlccif and NorthvaoUni ; Cbcaapaoko and Ohio Colorado 1'uei nnd Iron.. Contra Cliitnc" Chtcsfi id Great Wet torn.. __J an Irncu- lar price morement Apart from the Idea widely prevalent In i»rofrational circle* that the ma there \— ——. „ „ ...... .. the attuatton thla morulne. London, on re- anmlns bnalneaa, aent oyer an irreauiar Hat for American tha ret, and under thla lead a number of the pool "iperialtlea were taken In hand. Rcadluf. Hmeltrra and the tlould group were all put up tbarplr. Southern l'aclfle nnd New York: Central—tha latter In the fare of the tieelnnlna of the com merce cotnmlaalou Inquiry today—were alto exceptionally atrony. While thla demon- ttration waa on tome profit taking went on contlnnoutlv In auch of yeaterday a lradera aa Union Pacific, Louisville, Atchison and Colorado Fuel. Thla Irregularity continued during the rest of the morning, but the main, tendency of the market continued buoyant, and after each receaalou price* came back easily. In the stock market at the opening prices showed a general advance: St Paul up %; Car Fouudry U and others M. Erio waa % lower and Union Pacific off H. Tha market generally displayed a good tone. The market waa strong again all through the first hour, making six daya of a con tlnuous upward morement, and It waa gen orally nond that utile liitcr'ti In the market has steadily Increased aa prices advanced. Wabaah aecui rent that all differences between the Wa- lmth bondholders and the management had been ndjuetcd and that an agreement bad alao been made with the PennaylvanM rail road, aud that within the next two weeks the Carnegie Steel Company will he a shipper of Its product In large volume over the wnbath system. Taken altogether, the tone of the market was strong nnd the bull Interests confident of easily reaching higher price levels. Governments unchanged. Other bonda strong and active. TIPS FLASHED From Wall Street Private Wire to Witre & Lelaml. Summary of yeaterday’a stock market by Dow, Jones k Co.: American stocks In London heavy % to 96 below parity. Expected examination of President Cas satt tiefore Interstate commerce committee In Philadelphia today. Southern .railway j[rpea earnings fourth Western grosa In- lary com- May movement of Iron ore from mines satisfactory. Hummer dullntea In entbraclta trade, but felrljr good buelneee thj* month Is .xpMted, Stock, plentiful lu loan crowd. .. t'hlmxn report, (ond crop cundltlora, itlmalatln, liurineu .11 around. of money front Kri.ro contlnne*. may to back to London early lu Valuation of Chicago II 1 sontl property for taxation. Indndlni rolldate.1 Traction, estimated Twelve iDdurirtai. advanced per cent. Twenty nctlvn nils advanced ,tt per cent Private Wire to Olhert A Clay. New Y'ork. June (.—tMnlel Odell * Co,. Iiulll.lt operation, eeem to u. likely to he coutinned lu tjl. etock market tuday. Wt'Mi: 'isi-'^^ridW* aurprteed to leant that wntern naronlon, which leadership I. vl.wed .kM>t>nlly by profeulon.lL he. .utMtaattal baeklng- IN- v.lopmeat. over nlsht Inrlnde th report which. It mnt ba Mid, I. . MnMtioaal a. had be« exMctad, all bad enouch; bat It le not likely to advene market factor. It .may I marked right here, bowerer, that the, prae- eat profeMloaal stock market. I ke all pro- ft Mlon•l market^ Is mmceptlble to accl- ntal dl.tarti.nce. temporarily, and we 1 not nested rooMUbU return. In .....ulvely following .pedalties or Inde- pendent leader.-" WARE A LELAND'S DAILY MARKET LETTER rrai e-mir-ril, ... ukco and Ht. Paul..... Ut'limnrc mul lltiiltou.. lHstlUcr'8 Securities »lo preferred General Electric lllinoU Central American Ice Securities lioiiltvllle ami Nashville Mexican Central Missouri Pacific.... New York, Ontario aud Western... a National Dead.... Northern Pacific.. New York Centra! Norfolk and Western Pennsylvania People's tins...* Tressed Steel Car do. preferred... Pacific Mall Lv "lll'C a Republic Steel Rock Island do. preferred United State* Rubber do. preferred SotltlllTII l’n« Idc ...a...... Southern Railway do. preferred Slosa-Sbeffleld TeiiucMee Coni and Iron Texas an.I Pacific Union Pacific United State* Steel. do. preferred.... Virginia Cnr<>iii.:i Chemical do. preferred-.... Western Union Walmsb GOVERNMENT WEEKLY REPORT ON* WEATHER New York. Jnn» *.-Th« action . — Irvrpnol market on tke Washington r»- Ptatt wm distinctly dlrappolntlng. In^tud - - log, a , had bun uputad, prim Liverpool pogt waa awuucio u(M|>|fviu<iH», *u of advancing, a. bad bun rxperied, price, ran off wreral point. In that market and •bowed decidedly mora weaknua IkaawM In erldence hero. The'decline abroad atatt- ed tho ronewml Uquldatloo In tha local market and na a remit n low record was made la July of 10.Be, with Octolmr about OUc. While the merket waa ntmettlod and ■nther weak, there was not enough proa- •nro nt ltH4cto carry on tho declTna, and tho actual rolling at th. lower lent, seemed to be nun Is tbs nature of abort sales than liquidation. There we. lea. aeWns In the “—**■ ■—* short covering. A promt* woskly wanted In u suay different roctleee that . reroute was .withdraws on tho dullno. sentiment eontlnnu d-.M-lly mtaod, bet It e more than likely that It wfil"bo s two- ■idrd market as the distant option, pen “2W June (.—WhMt: Tho market waa quite .tron* early os more rain In the Northwest, untller world's Shipments and a blgser decranse on pesuge than wgg hardly l£fced for. U.ltUST eentlnront was not at att ramp.nL howevro.and oa oelUng by the Northwest, It Indnced rosu rmUi- ng. althbagh the market waa atrosathmed It times by an nptnrn In com and Mix Outside buying order, wen seam, end then did not uemto be much I rout tv. toward taking on wheat for tarmtaroat. It appear. .. If cosMdenbie tang t wee hehl by local operator, that .... rone ost oa any .bow of wnkaen. The closing was beary and the market promt. «"f indleathsm of wovkim lowro. Corn-Trad, wa. verv Itaht rarlr. with operation, moelly for Coral eccoonL while there xrns good ummlMlo. boro, rolling. lief that • big abort interest Mr# would toon cover, hut tho future* do not act at all stout. a*»t HMgJI* to ua as If this corral could bo bought considerably lower down lu the scale. Oata-The pit crowd >»Mmriy, aa they ro aU brurlsfe. but the buying w»* of - d character, although there wai lean coaUstac with the uadertoue „oog. on soft spots wo are I aril PrJrfKraoSfherawae soiling early, with w feeling that prlcru would experience a id break pu tho stock jrariU exposures. Tho EugUsh houses bought la nKwhile puckers took op pork aad riba. I» a sup- porting way. Armour waa a fair seller of Uni. It epprera to ua as If would lw rrdored for awhile at Meat, wo stUI thick It a.J%l». i takli.ro »4l • ou Uj«* f it jrc* •jQt Private Wire to Glbort & CUy. - Ala Items—Moo tfomrrr: The Drat two days wsro cool, hut the remainder of the week was warm. Pair weather prevnllfil lu middle counties. Copious to moderate* heavy rain* occurred*In the extreme southern counties nod ofor moat of the northern dlatrlcts. Arkan***—Little Rock! The fofapart of the weak was clear aad cool, but the let* ter part waa overcast and warm. The tem perature waa about normal. Much needi rains occurred during the middle of tl _ week, except In extreme southern counties. Light halt occurred In somo places, bat i da mace. The temperature was lug tho forepart r M * * by a gradual rise. — mean temperature waa slightly l>elow nor mal at moat stations. The southern half of the state received practically *no rain fall, hut light to moderate showers oc curred over tho • northern half during tho latter part of tho week. Iaoulslsna— New, Orleans: While tho nights luring the early part of tho week were ool, temperaturo averaged about normal, socal showers, heavy lu somo localities — -I .!:>>, S'a turd.i v a 11 * I Sunday, 'drought continues unbroken In some place*. The sunshlno was about normal. lilgli wind* prevailed Saturday. Mississippi—Vicksburg# Tho forepart of the week was clear nml cool nnd tbo latter part was mostly cloudy and warmer. Show- era were general on tho 1st and 2d, being heavy In the extreme northern and aouth- m portions, but tho rainfall was deficient rer the middle third of the state. North Carolina—Raleigh: The weather aa generally cool nnd clesr daring the ,-»rcpart of the week nnd wanner with showers daring the latter part, the tem- B rature averaging about normal. The rain- II waa below normal. Dry winds quickly evaporated the moisture, and rain is now needed In many places. OkUhoma and Indian Terrltorv—Oklt hotnn: The temperature and sunshine av eraged about the normal. The drat three daye were clear and very warm. The pre cipitation generally was deficient, but time ly showers occurred dally from June 1 to 4, Ineioeive. scattered areas receiving more than the as fght over th. sorthMitarn e< T?isro-Oalv«iton: Th. wrok ma anuaust- It warm ov,r th. ,-aat.rn half of th. atata. Nuinrratis mod.rat. to hravjr shower, oc- ntrrrol dnrins th. latter belf of th. week In northwestern, northern, northeastern nml central counties. No rain occurred In tke const counties or In tkn lUo tlrande vel- 1st- There le much complaint of protoafed ""ill in nr epsratnra ma unseasonable thn first two deft, hat was normal vr above Murine the middle and NEW YORK COFFEE MARKET. and cloelnx quotations ror coffee for future deliver/ tod*/ In New York: Open. Close. Janus *.4*4.10 (40-4.5* urLT=---=rdB]n ... C708.75 4.74-4.B ... (JMLM '4.404,00 ..r ..-.-t«:S eptember 4-lOfU « 104.15 STOCKS REVIEWED BY N. Y. SUN AND TIMES Naw York, Juno 6.—The Hun says: "With out any nova announcements during the day of purticuMr moment, or without de velopments of any kind bearing upon the financial situation aave those generally re lating to the current prosperity of the country and that have been so long lu evl* (lence, transaction* In stocks yesterday rose to double their week'a dally average and — — advanced. It must be said * — i that com mission bouse business la tha market waa still notable by lte absence; that the trad ing was still as strictly professional as It haa been for weeks naat. and that, al though tho market undoubtedly broadened, tho buying mostly eonreotrateif upon a few stocks such ns hnvo been of late subjects of pool manipulation. Tho general basis for the riso was UmibtJrHa recognition of the fact that throughout the week tho mar ket, although very dull, betrayed nil unmis takable trend upward of the kind known aa • creeping advance. The two main factors In the market at present nro, nml will he for some months to corns, the amount of money arnltoblo for Wall street’s nso nnd tho state of tho country’s crops. Bodl of these *ccm to stand Just now In an extremely favorable light.’* • New York Times: ••Thn leadership of the United Htotcs steel stocks essential to a hull innrkot tended to Indum narrhnne trailing. It Is surprising how light a trade thero hns been lately In steel issues. Penn- ylvnnta remained conspicuously heavy, coding sentiment waa markedly bullish yesterday. Tho stroet was frrrly supplltHi with bull tins relating to Union l’aclfle, Smelting, Missouri, Kansas and Texas, Erie, Hire! nod n uumber of other stocks. Btroag—t of these tips referred to Union Pacific, which tho bull crowd engaged not only to advance, l»nt to keep nctlvs through- the week. The shifting of professional » h*r Incentive from less popular storks nlon Pacific was n timely roaneuvor. The prominence of Hint stock Imparted a •setter tone to the whole market, and ur * “ ta strength It was found easy to profit* elsewhere without affecting price* l°h.;gv.«;v-. fie fallsd /rslsrda/ aftsnwun to esnro as/ prlrs racrolosa to xpsak of."—Olbsrt h CIs/. ■ NOTES ON GRAIN Folntors on Provliloni. Private Wlro to Wars ft LsImxL Chtni(o, Juna l—Intsr-Ocws: "Wsathsr condition, Wfro iuo.it/ farorabls. Th. •outhtrrof lud sood rains, tbs wrnther map •hnsrtns nsnrl/ ons-hnlf Inch nt Wichita, Rods., Oklahoma (Hr, Ahllcns and nwrl/ nn Inch In thn 1-nn llsnillc or Texas, and th. sntlrs stats of Kausns had sii/whsro from a sprinkle to an Inch of rain. Ilsf- vast Is on In Taxti, nnd will cronmsncs In Oklahoma this wsck, so that dr/ wsathsr 1s oerSMsr/. HL Jossph, Ma, bad an Inch of rain, ths first tn six ws*ks, and Mprina- Held, Mo., almost half an Im'h, and moat of Missouri had rain, lawn awl Nsbnska had xoud rains nod thsrs wsro llfht show er. orcr ths Ohio nllr/. In ths northwest thsrs waa too much mol.tore, and shower/ cpndltloos arm predicted over ths central and western stales. "L-nrnuanfb, tho Kansas rIt/ scant for R, It. Itmr " ff^t^rsr ■ml/ hsllar r mornlne reports front ssrsnl of our cor respondents who spesk very psasImlattcnU/ of tbs sxlstln. conditions.' • “Coantry neesplslices of corn more lr- mtutar. . Honw honws npnrtsd them llxht on olds seat out fisturdn/ nlaht, Ntbrnakn hows bouxht *0,000 linanrls spits tbs holldn/ there was « fair di for com from ths raotern Interior with Mies of 78,00) Im.hsls- Ths Kansu HI, aud Bl Lonla corn mnrkstn were weak and Jk-^ lowar on corn nnd Nsw York wan also (nr <a I 4*140. "Kt. leiuls had 41LOOO liusheli corn. "Charters warn maile hero for 10*,000 sin corn nt i!4c to Rnffsla "There was a rumor Hut world's ship ments would show (,100,000. while Bronmbnll estimated them In his Hatnrda/'n report at I4,M»,00). As Liverpool was rinsed, ths rentier statistics wsro not .Iran out." The whwt market ha, been nhapln. for • rail/, and while the crop outlook Is nod, /et ,‘nnu.h complaints are romlui In to , One vis. He- demand talenfoot *i>uil?sh " Urns ' ■ oTh n : B sS. «M* ui iiiurn rbiupii. All local eommlsolon honoss dolnf rtrf mils. Data a shads easier nn rolling h/ pit ■rowd, who are tiearish. Trade so far rer/ Ixlit. Think the/ will do to buy on tho Breaks. Chicago, June (.—Wheat opened firmer on the Ohio crop roport making the con- dltlon M, sgnlnnt 10* a month ago and 4* n year ago, on thn enormous decrease In nnd lard by A ,H. Whits, nml dler ft Co. Offerings small ax n good demand from pit shorts. VI8IBLE SUPPLY. _ I of gra Whsnt, decren.n 1.153,00) luishols. Com, increase I.ORl.iiQO tmshels. Oats, decrease 1,147,000 huthsla. STOCK 8ALE8, &-P:::::::::::: STATISTICS. PROPERTY TRAN8FER8. SLIKl-Kantuckr Refining Company to John M. Green, lot In East Point, on Flor» ence avenue. Quit claim dee<1. i—J..liri M. Green to W. II. Upchnrcb, lot In Ka*t Point, on Plorenco avenue. Warranty deed. -to. K L’pehnreh to Mrs. Halllo Up* I loan to Germania Havlnga Rank* lot uu Mnugum street. Loan drrtl. S1JA0—Otli Cook to Jennie V. Cook, lot n JyOgan avenue. Warranty (lands 12,00b—XJiwiay D. Watson to Georgn I*. Eiiitnnks, lot on Washington street. War ranty deed. Il.foo-w. W. Hildebrand to E. R. Hllde* brand, lot on Lladeu avenue. Warranty deed. S30<>—J a me* L. flight to J. T. Kimbrough nnd John N. Malone, lot on Mangum street. Warranty deed. buildincTpermits. . flOfi—Dr. M. MclI. Hull to add to real- dance, 301 W. Peachtree atreet. tlAW-W. U. VaunarnMii .to build three one *tory frame dwellings^S44M-3M-A Ttf tou street. 96.000—H. M. McCoonell to build two-atory frame dwelling, L3 N. Boulevard. 975—Mrs. it. O. Reynolds to build frame Stable kt 365 Glen f|J99-AI«iai>4«r „ ! luring Couipnny a to build two one-atory dwelflnca, lf-16 Meltanough Road. ^9J6d-J. D. Frasier to add to two-story frame dwelling, *43 Gordon atreet. 9.5—Mr*. A. Jone* to build frame milk build two .lory duslllng, SB (Ionian street. 113—C. A. ilrlllnn to bnlhl ndillMan to green bouse, 7U Dlenn stri ct. **.*00—Dr. W. J, lllnlock to bnlld one slurr fram« 'I sell I nit, 444 I'lsdmont nvsnus. IC-li|chanl llsnry to- rm dwelling, 548 W. Fair street. .—-It, M. Massrll to l.illl.l . selling, zn Juniper sir TONE WAS FIRM! PRICES HIGHER Commission Houses Were Good Buyers. iMALLER WORLD'S SHIPMENTS AND UNFAVORABLE WEATHER WERE THE CHIEF FACTORS. By Prlvata Leased Wlro. Chicago, June 5.—Tha edge waa knocked off tho wheat market late by the Increaaed supply thrown Into tha pit and by the refuxal of bulls to ab- ■orb tho groin thrown overboard. Wheat cloned I-SOl-Sc lower, ’'"rn ■howsd that It w*. under considerable pressure, and It aold off from tho lop prices, closing I-4O1-20 lower for th, session, Oats refused to follow com and closed l-*0(-*c better. Hog prod uct. ware .toady aa the day worn way. They clooed 7 l>IO20c higher. Thero were decrease* in the visible nupply of wheat of 1,152,000 and 1,147,- 009 oati, while com Increaaed J.oiL- 000. Primary wheat receipts 754,000 and corn 2,040,8**, «!«■■* 701/ and 1,- 312,000 respectively it year ngo. Clearances were 203.000 uahol. wheat. Including flour, 78,000 corn and 4,000 oati. Ca.h .ole, wheat at Chicago 28,000, corn 110,000, oata 330,000. At tha seaboard 8 load* wheat, 2 of corn and 100,000 oats. Smaller world's shipments and largo dei rc.i.n> "ii ik“. together with more rnln In tho northwest and none In tho southwest, was responsible for a firm and higher opening In wheat, with ly good buying by local commission CHICAGO QRAIN MARKET. Opsn, WIIEAT— W.:: & b*:: Sm PORK- July ..15.95 July .. 8.63 Kept .. 1.66 Pt. .. 1.63 HIDES- High. Low. Close, cloa*. w>94 K0>4 4916 49U 47** BiS I'" a 49 4796 49>; 4'*' i 479* 6.62',6 8.60 n.t., H.TJVi 1.9316 «.66 & ::IW m S:« ! Oct. 8.90 9.00 1.17! «7V4 CHICAGO CAR LOT8. To,ln/. Tomorrow, recover frame brick store, 53,000-1- frame dwslll Heptsmbsr ... October November ... . December ... . Closed steady. 3L30O-W. It. Cpehnrrh tn Mrs. 8.11 church, lot In Bust Point, an FI nvsnus. Warranty dead. 12.2.1—Mrs. Mary I- Mims to tv. at. Nichols, lot on W. Mitchell and Mangum streets. Warranty dead. 3250—Enuro Ts/lor to I- D. Crmfehtel, lot rot Uaad.il strast, Warranty dssd. 8100—Benjamin Coaloy to J. if. Donnard, lot on Meuvmes nvs.ro. Warranty deed. 18,900—Mrs. Evs Las Kelly to lira. Barak M. Audouln, lot oa MIlMgn nvsnus and Grant street Rond for tills. D.^H,sl3^L lb 6«A & Sr^mtSv^wM^Tioid !li U *0*-J. II. Kimbrough and John N. Ma- J lton H. Rings, lnf.nl, died nt 71 Mag- la strast. Lula Wllllsuis, colored, 10 years of age, led nt link Aubara nvenns. Unknown ueern died nt Grady Hospital. Flora 2lay Williams, colored. IT yssrs of n, died s t 16* K. Harris strast. ■ M. Ilsnny, colored, died at rear t of M. ■ Capitol arent Margsnt Cobb, . Infant, colored, died nt MTVfiie street. diS’MdTHJWsr' * 7 “" •* ’** ■ '•*" of ..Pftrl llaltay, cfrforrd, 24 yaara of aga ( Whoot Guru .. Gftt* ... lloga .. NORTHWE8T CAR8. Following inlilo alvea tbo nurfliwr*t r«ra of grain toUay» laat week ond l**t year: Mlnneapollf Duluth ess.os. Chleago Today. Week. Y«* PRIMARY MOVEMENT. Thu following figurea abOW the primary movement of wheat nnd corn: Wheat—ILefrinla 764,000 imKheia. *f»lnat B sOO-j buabela ln*f year; *blpmcut* 273,000 "lielg, ngnln*t lfiO.oOi) liint jrf**r. t’orn— Receipt* l.DOO.OOii Imahel*, ngftlnat 1.071.000 buabela ln«t vrar; *hlpui4.nr« RM.OOO • bUHbela, agalnat CM.OOO bu*bela laat y»mr. SOUTHERN EXCHANQE Oldest Established Office South. CO non - -STOCK MIDI 4IM r)r>>iin<l Floor Oould Dulldlng. Dally market IsttA- and market manual mailed on application. L.J. ANDERSON A CO Bankers and Brokers, COTTON, STOCKS, BRAIN Cormpoiilnt's Capital 3350,000 ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. A. E. THORNTON, VIcs-PrssIdsnL H. T. INMAN, VIcs-Prsstd.nL GEO. R. DONOVAN, Csihlsr. JAMES «. FLOYD, Ain't Ctthlsr. Capital 9500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. 7803. /. Hints. OiMcr • * * r tie, Liisirr IMS. C. USTIK, 4s«*f CJilitf MADDOX - RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS . $500,000.00 ACCOUNTS INVITED. We sell the widely known nnd extensively used Circular ' Notes and Letters of Credit of The*. Cook & Son. » In Our Savings Department ve allow Interest at the Rate of 3 1*2 per cent Compounded Semi-Annually.