The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 08, 1906, Image 11

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■n THE ATLANTA GEORGIAN. Ii fMARKETS SUSTAINED PRICES SHORTS uneasy in these POSITIONS. Liverpool Wu BUghly Better in the Spot Department—Fu ture! Weaker. Liverpool showed a slight Improve ^SKnt | n the spot department. Sales were flret reported at 5,000 bales, but tiiey were later Increased to 7,000. Quotations 'were advanced 2 points to S.01. The futures market was disappoint ing In that prices at the opening were unchanged to 1 point down, when they were due to come 1 to 2 points higher. h'e* York opened 1 to t points low er which was slightly better than due on rabies, but Immediately recovered 10 yesterday's closing figures for tho near-by deliveries, while the later posi tions were adversely affected by the favorable weather and crop news. The government s acreage and con dition report la sill) undpr discussion by the speculative trade, and by those who have nothing to lose other than nmflti on paper cotton. The acreage figures did not suit a considerable number of this class. They were expecting figures much higher, and were probahly In the mar ket for a sharp decline, hence the kick. The New York Sun voices the senti ment of these high figure people as follows: "There Is a genera! bellof In the trade that'the acrenge Is much larger than that of last year. And If we consider the fact that prices are (15 a bale higher than then. It would seem that there la a pretty powerful Incen tive to Increase the area. The South ern Cotton Association asks people to believe that the Increase Is only about 13-1 per rent. The average member of the cotton trade here balks at this lose." The Southern Cotton Growers Asso ciation la a representative body • of Southern planters. Its facilities for gathering news relative to the num- Iber of acres planted and Its condition are equal to those of the government or those of any of the private statisticians who furnish the trade with figures which they claim are more accurate than the people who plant and grow the cotton. Disappointment Is mainly responsl ble for the statement that the govern ment report falls far short of the actual number of acres planted, and hnd tho figure* been placet! at 30,000,000 acres this crowd would have been satisfied, for then cotton would now be Belling at loc or less. However, Secretary Wilson Insists his figures are correct, and that there has been no Juggling In making up his report. Commissioner of Agriculture T. C. Hudson, from 750 correspondents re porting to the state department of agriculture, shows a decrease of 1 per cent In acreage and condition .85. The summer positions were advanc ed In the afternoon, due chiefly to un easiness of shorts, and the new crop sympathised. NEWS AND GOSSIP Of the Fleecy Staple. SPOT COTTON MARKET. Atlanta-Quiet, lie. _ New York—Quiet. 11.20. New Orleans—Quiet. 10 1318c. t.1 \ »■ r|„ „il—Quiet. f> 01*1. RANGE IN NEW ORLEANS COTTON Cotton futures ranged ns follows at hew Orleans today: _ . Lh —I PtvtIom Class. ■HRHMi... urn iotTS July .10.75 10.83 10.75 10.90 10.S3 M W.80-81 Aug. .10.53 ia« 103M 10..5 W-Ott 10.51-53 kept .10.45 1UO 10.44 11.43 10.43.4, 1037-33 (Jet. .10.23 M.M M.3 law lO.n-JS 101J-2 (tee. .10.25 law 10.3 10.34 10.544 10*49 Lin .pi.34 10.40 10.34 1040 10.30-50 10.35-37 filii'. jn.si ioii io.ii ioiM io&ii io&ii Closed steady 1 . RANGE IN NEW YORK COTTON. The follnsrlng Is tho range In cotton futures In Now York tndiir: Last Previous , Open. High. Low. Sale. Close. Close, lone .10,47 10.82 10 47 1062 10.57-69 10614; July .10.63 10.83 10.6: pea; 105*41 10.1w.57 Aug - - ‘ t 10.45 10.61 14.42 10.60 10.49*0 10.47-41 RSI 10.43 BUS 10.43 11.044 10.3S-J9 10.34 10.41 10.32 10.30 11.39-40 19.36-37 10.33 10.33 10.23 10.33 D.3S-40 10J6-3S 10.34 10.44 mas 10.43 10.43 44 10.40-41 10.41 lfttf 10.30 10.4$ 10.47-48 10.43-44 10.47 49 10.43-45 PPl).54 10.64 10.64 10.66 10.56-67 10.52-54 1 towd Mt#ndy. LIVERPOOL COTTON MARKET. Urtrpaol. Jan# 7. 12:15 p.BL—Cotton, spot. - Mth prl##t steady: middling up- '•In. said. Hal##, 7.000; American, 6.5oO; J*ral*tlon and export, 1,000. BecdpU, !;■ Amerlean. IWtJ luturiui opened attstly. Prer. , Op's, r'nre. Close, close. June July 6.774.76 6.76 5.71 W-Attg ........ 5.754.76 * “ " “ ^,.w. -•»*» Nov. m i*^-. j ... iiiM ... MMJ6 ... 5.58 Ti ft •» H3 5.6* V. ffJj.-M*rrb quiet. TODAY’S PORT RECEIPTS. *** following tnb1<. shown r#«'#Ipt* at tha (JJwith tho iinitf day Tirana..* sssl yUwiInftoB ffffoik ’ g ^duiorn ....... Lf* Private Wire to Gloert A Clay. New York, June 7.—Price broken) came In to July and the local crowd bid up the market. The market Is dull and listless and no feature to the trading. Wilson bidding up the market; also Norden. The Journal of Commerce says: "The day was without feature In the way of an Increased trade, although many buyers were shopping, and were par ticularly interested In seeking out soft spots that do not appear. Beyond the willingness of a few manufacturers of heavy brown cottons to shade prices that are already below a parity with other goods that are as freely made, there does not appear to be any pres ent weakness in the market as a wlsole, and market leaders are begin ning to speak openly to the efTect that the trade will be very large for the last six months of the current year." New Orleans, June 7.—Our traveling representative wires: "Sun Antonio, Kennedy, Cuero to Flatonlo—Fine crop, clean and well worked; commencing to need rain badly; very dry, hot and windy. ^ "Rockdale, Cameron* to Waco—Aa a whole good, but fields getting foul In places. "South Texas—Must have rain In ten days or crop will suffer seriously. "Opening prices were lower In sym- ithy with disappointing foreign mar- •t. No aggressiveness Is manifested by either side, and hence price changes are narrow and featureless. The weather map Is again favorable. Slight rains have occurred on the At lantic coast. Otherwise the map la dry ni.d warm. The western forecast Indicates fair and cooler weather for western Texas and generally unsettled conditions for the balance, with probably showers In Louisiana and Arkansas. There appears to be some unrest among July shorts, for thkt month displays considerable strength and gradually working higher. Private Wire to Ware & Leland. New York, June 7.—Price was said to have bought about 17,000 bales of July, and th- ring >t.u\\ • .is that It was short covering. He is still bullish on the fall positions. Hoadley Is said to be a bear on the new crop months. The South covered shorts to some extent at one time, but this waa re garded as merely taking profits. The South Is Inclined to sell on bulges. Cotton opened steady at about prices expected on Liverpool cables. * Riordan and Schllt good buyers of July. Schill big buyer of October and De cember. Commission houses Inclined to sell around the opening. Market does not act especially strong, and believe it could be sold on hard spots. Looks like the rally Is over. Every body who bought a little cotton on ad vance, Including H. Wilson and Schlll, are now trying to sell out New Orleans, Juno 7.—Practically no rain Is shown over tho cotton belt on the weather map. * Temperatures are high. The net stock of cotton In New Or- h-ans is 65,744 bales, against 7ft,S36 at this time last year. The amount of cotton on shipboard Is 31,694 bales, against 44,262 bales lost year. Edited, by JOSEPH B. LIVELY LITTLE STOCK IS FOR SALE MARKET CONTROLLED BY IM PORTANT BULL INTERESTS Leading- Issues Were Practically Accumulated at Much Lower Levels' By Private Leased Wire. New York, Juno 7.—To a very large degree the uncertainty visible on the previous digs disappeared from to day’s dealings. The market was broad er and more active, and tho advances both larger and better distributed than they have been at any stage of the upward movement which started a week ago. While the flavor of profes sionalism was still uppermost, so gen eral a rise could hardly have occurred without assistance from more Impor tant quarters. The Judgment tenta tively expressed on the previous days that the larger Wall street Interests were actively enlisted on the side of rising prices, was confirmed by every thing that happened during the day. The pront-taklng of yesterday and the day before had considerably Improved the market's technical position. It had k*j>t down any i-xrrsslv.- tendency which was the danger If plunging oper ations had been encouraged. In this morning’s trading, therefore, the mar ket was well situated to resume the advance that had been partly Inter- rupted on tile preceding day*. There was plenty of evidence In the stock market today that.lt was held In absolyto control by important bull in teracts which had accumulated practi cally all the supply of leading Issues at much lower price levels, and that the bulk of the stock accumulated had been permanently lodged and was not for sale around current quotations, .si. Paul was the leader and advanced to 179. Governments unchanged. Other bonds strong. STOCKS REVIEWED BY NEW YORK SUN Mr. Lively lum 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. RANGE OF NEW YORK STOCK MARKET Amalgamated Cnppei Atlantic Coast I.W American Sugar It#flulug.. Anaconda .\ American Locomotive * do preferred American HnielUug Ib-milng.... do preferred Atchison do preferred American Cot ten Oil Baltimore and Ohio Brooklyn ltHpid Transit.. Canadian rnelflc Chicago and North western Chenapoako nod Ohio Colormlo Fuel nml Iron preferred 1 Leather Chicago nml Great Western Chicago, Milwaukee and 8t I*aal Iielanare and Hudson....,, 1 Manner's Securities Erie preferred J Electric Ififnofs Central Auierlriiti Jre Seeurltle*.... IsouIhyIIIc and Nashville..., Mexican Ccntrnl MlRHourl |\,title New York. Ontario and Western National Lend Northern Pacific New York Central Norfolk and Western Pennsylvania People’s (ins Pressed .Steel Car do. preferred...,.....,.,...., Pacific Mall Beading Republic Steel 7. Bock Maud do. preferred United 8tnt#s Robber da preferred ,„,,, Southern Pacific Southern Ball way do. preferred.. Sloss-ShClTIeld Tennessee Coni and Iron Texas nml Pacific Union Pacific United State* Steel do. preferred. Virginia-Carolina Chemical do. preferred Western Union Wabash do. preferred.. Wisconsin Central do. preferred Opcn|lJ/ghy7^trJcIo*e|Sff^i^^S 'l"9V 1FS l '•% : 1 '• N 149 14S | 14SV 14RV 14*% Wtm • •% 1>% 1»>\ 1 *% Z70L 273 r” •-% ;:v TIPS FLASHED From Wall Street New York, June 7.—There wns something 1 n dinner In tha Co!Inn market tin, morning. In nil erobaMltiy this mis due little attention, but the per,1st.nr, of rather ‘ilgh temperatures, coupled with the lac? t ruin, nn» at last nrouinl uncertain!] ..nil caused more or less abort eoTcrtn,. 11 does not norm n, thnukb the crop were Buffering to any great extent, tmt with the market pretty well sold out nml a short Interest created In tho South It I. more thnn prntmMe that nny tarn In weather from one of extremely fnrorliig condition* abundant rain now In the section, where rain Is needed, we nr. not likely to hnre very tnueli of n decline In cotton, nod K rlrtt may wo I n weather n too little cotton for snl. to flgure with nny hope of profit ... , lure n dny or two now of advancing prices, on which cotton bought lower ran be sold for profit,. PIEDMONT BROKERAGE CO.'S DAILY MARKET LETTER Xcw York. June 7.—Cotton—Dtulnrsa In th* local market In New York today w«« dull and tho tluctuntlons narrow—altogether . very uninteresting market. The feature of the trading was strength In Jaly option. Liverpool spot, were np 3 point., while future., whl-ll were due up 2 point*, came I lower. The new crop options after selling off 3 to 5 point, after the opening, gnlncd strength nml ad* vanned I point* from bottom. It la thought by mod fudges that there will ha ■ good demand for early deliveries of tha raw crop, whlla tba ok) crop waa of too low grad, to tx desirable. The roatlaued good b — xdranee, and we only ■ extreme weak spot, for the prerant. Htnck,—Continued atrength and advancing tendency In the stock market today, and a regrata ^heiji of the account, bat bowl •to* continued excellent crop advance the Hraager shares, ‘ :ly advancing to th» raw klfk point, crater a ha res alio hem me active, amt Heading scored an adraraa of 3 poU<« over teat nlghf, rloalng Orurea. Oa the whole, the market acted highly satisfactory to the bull riamegt. Rome rereariaos are to lie expected under Wofit taking, hut oo these weak spots stock, should I** bought. Thera la a Sort Interest suit uaeovarad In the market, and fighting the advance y be ra*HB henrn Is Sill In evident-.. The hiill crowd took np none near storks ngnIn today. Baltimore and tihlo. Brooklyn lupld Transit, nnd the UUeoert; Knnaa. aitd Tex as Issue, were very ntrong. At this writ ing the market Is dalLJmt ad ranees are well maintained and higher prices are looked fra. ( INTERIOR MOVEMENT. New York, Juno 7.—The Sun soya "The alight reaction In prices which occurred late Tuesday afternoon din closed that there ware few stock* of ferine for gale at concmalont, and that the speculative'position of affairs wns strong. Thera were a variety of other indication*, nil pointing to the fact that the niHikct move.] upward more readily thnn It tic, line.I, nml Hint, til though no violent advance In values waa promised, the net result of all the Inlluenres hearing upon price* at tin- moment wan ouch as to work the mar ket slowly to a higher level. Tbefel fore, although the trading was, during a portion of the time, uncertain and Ir regular, the buying of stock* when It did take place nas of a confident order, and It was evident also that the mar- let will gradually a-sumlng gnut-r breadth. Inactivity atilt reigned on the Kurnpean bourse*, accompanied, however, by firmness In prices. Con solidated Goa rose sharply upon the prevalence of an Idea that the l-'cdcral courts would grant an Injunction re straining the operation of the 80-ccnt gaa law, pending the final decision of the law-suit Instituted to determine the constitutionality of the law. The American Locomotive and Railway Steel Springs stock* were strong by reason of tho renewed circulation of old stories tlmt closer lelatlops h. - tween both of these companies and the General Electric Company were matur ing. All the standard stocks In the market wero, In fact, active and high er.”—aibert&Clay/ Ql BERT A CLAY’S DAILY COTTON LETTER, Pn«w Orleans, June 7.—Options abroad failed to reapond to the adv«nuo that oc curred la the cia-Atlantic market* yc*Ur- dar. and oo tha close recorded a low* of * point from the —- *>--*- '-.-i- 1 cable. transaction*, th# total today being 7.ft00 bales nt nn advance of 2 point*. The ntrength that the summer month* displayed 1 today gave the entire llat a buoyant ap pearance. This can undoubtedly 1* traced ( :o the fact that there exlata a decided abort Interest In tbeee potltlon*, and with the approach of July conalderahle concern la wanifeeted by abort*, who have been coy- wring their commitment* In no uncertain etter demand ha* been In evldanca today, tmt the desired grade* are reported so scarce that, however Inilatant the demand may be. It la hardly likely that tranMctlmig will reach beyond the nveraxc. Neverthe less It I* lm< rt-fln* to note that nhould the desire to rcpIcnUh auppllea become Im perative. a far urcnter Intcreat in the tnnr- v.*t would naturally Ik* created; also fulfill n ong dpiilred want, tlur crop reports today are almost of nno accord—exceedingly fa vors Id e, and Indicate that the plant U mak ing rsry antlafactory prugraaa. Here nnd there, rout plaints are made «»f c\t.*5el\|. moisture and the ronucquent Inability of to properly work th#* fields, but 1204 1)06 444 4442 Angn.1* ......... Mnuphl. * m 294 447 W Ctarianatl 40 ToUl 1G4 km ESTIMATED RECEIPTS. Smt Orlran, -iprats •— to L9> naira, anln.t 2A!6 a<1—1 U.t T-jr: tt.lvratra .«» to um. igsl—l.AMl artaa[laat_yrarj Houston, last year. “ *, ALABAMA I GIBERT & CLAY ITOCKI. BONDS, r. cotton, era a in. corrtc. provision, MgHOERtl ATLANTA. OA. a» i»h*B**o?*w qri-«. c.tt»n il T. 1 ”* Cat-o RxchangatS-W orlran. st~-k rx,-h.n,- ,.- ” York Caffaa Eicba.i- i.v.w Orl.nn, IV-M -t 1 rs-l-Niatraataa Cyttoa Bsckaaga. , . Prtvnt- Wlraa to *11 Exchanx-. L:cal and Lang Dtetanea Talaphona 5295. W. R. FAGAN, Manager. By Private Wire to albert A Clay. Chicago, Juno 7.—Weather Is gener ally fine. It U claimed that the Ken tucky wheat condition has Improved 10 Oil points since the ofilclal report was compiled. Price* may he worked high er, but It will require a grc.it deal more of outside support to maintain them. The country Is decidedly skep tical about buying on crop outlook. Corn continues to soar, and the bears to be "sore." Stiff bid* went out for corn last night, and the amount of ac ceptances should have considerable bearing on the market. There Is no scarcity of com, and tno crop outlook la decidedly favorable, but the atti tude of tha fanner about selling Is th* prime factor a* a prica-maker. Believe oata relatively cheap com pared with com. Tba Cincinnati Price Current aaya: "Recent rain* are affording Impor tant relief over wide areas helping winter wheat. Improving chances for oat*. Putting com in an encour aging position and better grass lands. Indication for an abundant fruit C> l$lnit*apolls wlraa: "Heavy rains In Canada. North Dakota conditions un favorable. It Is cold and cloudy there now, and raining." Texas Is given 30,000.00* bushels of wheat Oklahoma 3n e00 0*e. and Ne braska 2!,oee.eee by the .--.U!hwe»tern Grain Dealers’ Association. • Private Wire to Glbert & Clay. New York, Juno 7.—Daniel Odell A Co.: "Stock market fluctuations display i, i"ii,l, m, >■ t,, contract and specialty operations by tlio bull party constitute the chief activity, hut nil the time Ir regular Improvement takes place, Jus tifying the conservative bull position for fair returns, anil we continue to advocate such n policy, selected Issues to bo bought on soft spots or when be ginning bullish activity after a period of comparative quiet.” Uptown sentiment: “Members of the uptown party arc qulto uniformly tlmlMI,- regarding Ilia , ,,mse stock market. The consensus of opin ion Is that prices will continue their upward course for Home time yet. Borne lrregulorllty Is naturally to be expect ed on account of profit-taking nnd bear pressure. Hut the boHt Judges aro con fident that w halever selling comes from these sources will not bo sufficient to keep the market down. Experienced operators are somewhat amused at tile criticism which Is quite generally of fered that wo are not going to hnvo much of a bull market because the trading Is so largely of a professional nature.” By Private Wire to Ware A Leland. Now York, June 7.—Further a vances In price of standard railroad stocks N !,, lie expected. We mill, I- pate llttlo change', however. In tho pro fessional character of the market. ■ Summary of yesterday's stock mar- ket l,v Dow, .lone- 4- : American stocks In London Irregu lar. lie,-lit lather above parity. Han't of England rate unchanged. Erie April net earnings, (891.823, de crease, |8(,3(1. Seasonable falling off In some line* of finished steel, but situation as strong ns ever. Fair Inquiry for St. Paul In loan crowd, but other stocks plentiful. New York Central gross earnings for May will show smaller Increase than early month* of tho year. Packing houso disclosures expected to affect exports and modify balance of trad#. » Consumers of copper fairly wall sup plied and further advance In price die- STOCK 8ALE8. 12 noon 1 p. tu J TSi.r- r. ” “ 1.000 hlmrt'K ..646,3<» ibaraa ..410.900 ibarra ..142,400 aharaa countenanced by exporta. Hanger of wet harvest in winter wheat belt now considered remote. Twenty-eight roads for fourth week of May show average gross increase of 13.70 per cent. Money continues to return from Frisco. Twelve industrials advanced .17 per cent. Twenty active railroad® advanced .49 per cent 'Cbnttanoogn, p. cloudy... Colombo*, cloudy «JnlncNvIlIc, 8-lfMir «ito-6*ri\Hie. clear (irirrin, clear •Moron, clear Moot!cello, clear Newnan. dour * ere lower l.v r.i ri U iV’Iri.'im"''' i ,, cbrwiao In new* from IP^f» ffljf** •elnta nt tho port* eon- THE COFFEE MARKET. New York, June 7.—The coffee market opened *tendy nnd unchanged to on nd- vnneo of 6 point*. There wn* n moderate trndo on the cull, about 4,000 bax* being *old, but later buMlnrn* wn§ very quiet nnd not ahoro 2.000 ling* wero added to the biiAluc** during the Inter forenoon. The Initial nth mice wn* duo to covering by MhorlM nnd the *teadlnefi* of the Kurotieuii market*. Havre opened U to ^ higher nnd private cable* from there nnhl the market acted oversold. Later, however. Havre re acted nnd at the hour of the local opening wn* not unchanged to higher. Hamburg was unchanged to U higher. Both the Brazilian markets were lower by 60 rel* -nd there i— ~~ ‘ * irlmnrr polr liana liberal, but full receipt* have been looked for *lnee the nubllmtinn of tin* Krlacbe catlmato mrlr in tho month, nnd seem to attract no fresh nMention. The weather 1* good for barrelling. It wn* cloudy in one or two dlHtrleta. but no pre- clpltntlon wo* reported. Heavy rain* at tbl* time would bo considered undesirable. The strike on the I’ulivin rtfllroad *eem* •1 lie a thing of the past, *0 fur at fen*f. ■ the movement of coffee I* roncernetl. for undlshy recelni* were ugnln full nt 12.00 «*«, against 4,000 last year.—Ware A Le (ntnrc* opened and dosed os follows In New York today: Ooen. Close, January ... 6.46 a u, t, *0 February 6.60 4.464.70 March 464 4.75 6» April 6.70 6.66 fi.WMt.85 May 4.V) 4JML90 June ee.ir, c**lo July 6.00-4.06 4.10-4.16 August ... 4.044.10 415420 :::Ws -* 4 * (ot,sib.r 6.3U Irarantbar (.50 Claenl tleedf. THE WEATHER. LOCAL FORECA8T. Atlanta nn,| Vtclntiy—(lananlty fair to night .oil rriilay. WEATHER IN~COTTON BELT. Salma—Clear and hot. Troy—Partly cloudy and warm. Oprllka. Montgomery, Birmingham, Mobil*—(Hear and hot. Meridian. Vicksburg. Hailrhurst, Hrookhaven. Jackson, Greenwood. Cob I nt li m.,I \\ in, ‘ii i , 'I,.m l 1 ,i New Orlrane and Shreveport—Clear i,ri,l li, >i. Memphis—Partly cloudy and hot. Knoxville—Clear and hot. Chattanooga—Clear and warm. Columbus—Partly cloudy and warm. Albany—Partly cloudy and hot. Thomaavllle—Cloudy and warm. Rome—Partly cloudy and warm. Atlanta—Clear and hot. Galveston—Clear, temperature 81. Dales—Fair: 78. Nnvaaota—Clear: II. Texarkana—Clear; 71. Sherman—Fair; 71. Parle—Cloudy; 71. Joplin—Cloudy; 78. Waco—Fair; 71. WEATHER FORECA8T. Louisiana, Georgia, Alabama, Mle Blsslppl, West Florida and East Tex as—Partly cloudy and continued warm Thursday and Friday; fresh south to southwest winds. West Texas—Fair Thursday: cooler in r, ■ nii, in i„,nl,in: Friday fair. ■Alkaneo- T. nn and Kentucky— Generally fair ami continued warm Thursday and Friday. Illlnolo, Indiana—Portly cloudy with showers tonight or Friday; cooler Frl day night or Saturday. Missouri, Lower and Upper Michi gan, Wisconsin, Minnesota—Showers and thunder slot bty Friday; eool^H Iowa, Montana—Partly cloudy to night and Friday with rain and cooler Itonlght. ■ North Dakota—Rain tonight and Friday; cooler tonight. South Dakota, Nebraska and Kansas [—Fair tonight and cooler tonight nnd Friday. WEATHER CONDITIONS. The northwestern storm has rrmnlnrd iraotlrslly ststlnury during tba In.t 26 lour., 1 veins still eentered or.r the tin- mtsa Tbs influence nt this storm I. being felt as far east as Mlrlilgnn ns shown by the rapid fall lu pressure slues ye.tcrday morning. The pressure over the houthes.t bet de- messed slowly, but Is still aliout normal. The Poelfle const I. under the lufluenre or on area of high barometer central nesr Portland, Ore. The tcnviM-rin eastern half ol tsnn nrvrl Wyoming It la colder with frost nt Ycllovrstraia Park. The eastward movement of tba north western low area will give coiirrullv fair weather tu tbla section tonight and Friday. j. it. MAitntinr, Local Forecaster. COTTON REGION BULLETIN. J-’or tho 25 hour* end' mcrlillna lime, June 7. STATIONS OF DISTRICT. •Atlanta, clear.... *—vr CEREALS OPENEO AT HIGHER PRICES WAS DUE TO UNFAVORABLE WEATHER REPORTS. Cables Also Reported a Firmer Tone in the Foreign Markets. Chicago, June |Jn •)) tli# grain pit* on th# bonnl of trail*. Th#jr bid for a lot of grain and aecured It only tu make a riudi for more following th# selling th# price advanced. Hcntlni*-nt wa* bullish fo th# rani* of tho local t*l*nt. 11 wont homo long n grunt deal of In esse of continual bujing pric**# will go aim hlghfr, Imt If some of tho big kmga attempt to a#ll out. vrell-thafa an- othvr protHMltloD altogvthar. Cupp dam. ago report* on wheat nml nnd oata war* tjult# numrroua ami with the fnrmi>ra r*- fualng to a«U their corn nt still higher »rlc#«, th#r# w«* a concontratfon of * “ * tticca for tho «lny showed t it of 1H4BU#; In corn Tatfl 1 higher bujing. ^fiM’rovUlon* thar# war* advance* l*rlroary receipts wh#nt 245,000; co 000, compared with 291.000 and 477. spcctlvely a year ago. Clearance* for th# day were 40ft.«v) Including flour A000 . ----- * — Cash a.ile* 150,000; oat* wheat; 7 londs corn nod 100,000 oata. CHICAGO GRAIN MARKET. Open. High. Low. CIom. do**. S3'., V", Kept .. M Dec. MV* CORN— - Mf .. HfPt .. Mtf Dee. .. tfVk OATS- July ..16.66 16.74 **> ;«8 3C% 33% 34% V»% MS 60U 3I^% July s. ,.t Oct. .. 8.95 HIDES— Jaly Kept Oct. *:8 H I:S 3.0214 3.30 m m:? 61* r.i% 49% :«% 34% 4.60 i.s • 4.15 B 49% 49% 4*< 33% 31% 33% CHICAGO CAR LOT8. Wheat •orn .. Oata IIog« .. Today. Tomorrow, LIVERPOOL QRAIN MARKET. Wheat opened “ "Igber; dm „ opened % high* to % hlghf-r; rl»«ed H to U high ‘ * fr:N % higher; closed 1 t«» % hlglir DAILY COTTON 8EEO OIL MARKET ATLANTA NATIONAL BANK' ATLANTA. GA. C. E. CURRIER, President. A. E. THORNTON, Vloe-Prs.ldant. H. T. INMAN, VlemPrMldant. OEO. R. DONOVAN, Cashlar. JAMBS 8. FLOYD, A.i't Clahler. Capital .' $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. Remarks. Hllghtty higher temperature* prevailed rv#r th# lH*lt generally th# past 24 h*njrs, rltll tight ahowrni over th# #a*t#rn nnrtlnn. i n a inn'i/i- N>w York. June 7.—The market for cot- in *ced Oil waa active nml slightly lower. There un« lumit* ill-po-lfbm to -.11 on »!»•• cotton Ufiilhcr nml crop emi'Hilon*. blit tb« farther adraoca In !nr«l teoUtnl t«» check tba soiling, internet #nrlr urn* ceu t#re»l In th# nearby tb lh cries, ulth fb6» new crop month* noglocfed. The *ltuntlon continue* largely a waiting on#, nml with tbr scarcity of oil, both erad# and refined, nml tli# t ontlmiol liberal (btmestlc ocenuut. th# steady. Th# market nt th# cbom ^ nn<I nm hanged fo >ic lower thnn log.—War# A- istaod. COTTON REED OIL. Iiptlo h#bl *|M#t Opening ('lo*6y Jane 37 *r.« 37 ftw «f. Octobar November D#e#mber Ctowd steady. SWISS - 4W2% TJ«4*33 w 32 fl32V{ K fl32% NORTHWEST CAR8. Poliowing tom# gives tli# northwest ears of grain today, last week and l**t year: jait/ bast Today. Week. Year. Minneapolis 104 259 277 Duluth* mu 16 17 I Chicago ............... 6 2 4 IOWA CROP REPORT. - -go, Jan# 7.—Crop# ar In Iowa. Th# relatively dry been favor*hi# for rultlrotlon reports Indicate that the stand u aenn liatler than asaal. In some bv-*|fu#g deficiency of moisture has checked jrrowth of smalt grain and hay crops, but SOUTHERN EXCHANGE oldest Katnbllehed Offlc# South. confll STOCKS— IOIM MM Ground Floor Gould tlutldlng. Dsdly market letter and market vn*n«*l mailed on npplb atlon L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corrssposdsnt's Capital 2250JKW acrtncNct, thk ncal sank PHONE I44T. PRUOCNTIAL MIOO HAVE YOU ANY MONEY AHEAD? I. It Invcated whero It U perfectly aafo? Ib It available now It FORTUNE ihould knock at your door? Prepare youraelf to take advantage of opportunity by Investing your Having* In tbl* bank, where they will earn 3V4 per cent COMPOUND INTEREST, bo per fectly safe and avallablo practically on demand. CENTRAL BANK S TRUST CORPORATION, CAPITAL (500,000.00 Asa G. Candlar, President. W. H. Patterson. Vice-President. A. P. Coles, Cashier. John 8. Owens, Vice-President. Wm. D. Owens, Asst Cashier. mu. l ren. fiiii|g| MOST. f. MADDOX. VUt-ftU. MADDOX - RUCKER BANKING CO. CAPITAL S200,000.00 SURPLUS AND PROFITS . SSOO,000.00 ACCOUNTS INVITCD. Wc sell the widely known and extensively lined Circular Notes and Letters of Credit of Thoe. Cook & Son. • In Our Saving, Depirtmentw. allow Interett »l the Rale of 3 1-2 per cent Compounded Semi-Annually.