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RKETS Edited by JOSEPII B. LIVELY Mr. Lively hns edited Markets in Atlanta and the South for more than twenty- five years. His experience makes him the most reliable, market editor in the South if not in tho entire country. COTTON MARKET IS NEWS AND GOSSIP Of the Fleecy Staple. FLOOR traders making PRICES FOR COTTON. Market Was Dull at Start, But Short Covering Cauied an Advance. i The Liverpool market was closed to day. It w,u rcmaln cloaed until Mon- da}'. In the New York market, the only B«ws of an Influential character related to the crop and weather, both of which beta* one-alded, excellent weather and crop prospects brilliant. The opening was quiet and Irregular, though changes from yesterday's cloa iBg were Insignificant. The bulk of the trading was being done by floor trad ers, the outside public refusing to en ter the market under present condi tions. The bull and bear battles will be fought on the floor of the exchange un til something definite occurs on which to base ventures speculatively In the cotton market After the noon hour, a sharp upturn took place. In both New York and New Orleans, In the former on covering by door traders and buying by New Or leans, the latter market showing con siderable strength, especially for July, which sold above, 11c on extensive covering. Overland movement for the week 11,0-3, against 12,403 last year, and 4, 185 In 1904. Since September 1, 899,337, against 1,024,420 last year and 902,899 1904. Amount brought Into sight for the week 79,008, against 124,287 last year and 30,150 tn 1904. Brought Into sight since September 10,488.2*5, against 12,398,922 last year and 9,727,488 In 1904. Charles D. Freeman & Ci>„ In circular letter, today summarize the situation as follows: New York, June 8.—"While this pe rlod of crop uncertainty continues, we should all be cautious In our judgment and actions, keep a clear head, and be cure of our facts. Two factors are up permost now: First, the Impending July liquidation; and, second, the crop, lit the first Instance, we are confronted with a commercial proposition, namely. Who proposes to carry the 60,000 bales of undesirable cotton now tn this mar ket to August or September at a loss of 21.50 to 32 a bats? It does seem as though in the near future an adjust ment to comparative values for con tracts must take place, thus affecting the entire market unfavorably. Weak ness hi July and transferring of hedges will depress prices until the equaliza tion shall be completed. This Is the technical situation, and Its analysis, based upon tho present crop develop ment, each day In June, which Is fa vorable to tho growth of the plant, makes tho July situation more acute, and I look upon It as a constant menace to nrlcea When 1 say I am nervous 'ah drought, I mean It solely aa a warning, for It is the only Imminent adverse factor, and there are Indica tions that we should not forget this prospect as the season advances. The present market Is a small affair, and enly small fluctuations are to be ex pected until we approach the July ten ders. Above 10.60 for October sales for moderate profits seem justified. Private Wire to Glbert & Clay. New \ork, June 8.—For some days I have been very nervous over the droughty con ditions nt various points.-C. D. Freeman. 9:24 a.m.—Narrow market, bat undertone Arm. Any outatdo business would causo higher prices. The Journnl of Commerce soys: “Gen eral trade for the day was steady with the increment of goods of moderate volume. Some blenched goods kouaes report satis factory news from men who have gone on the road within a week or ten days. Cot ton ducks are as strong sa they ran be from the sellers viewpoint. They arc scarce and In good demand. The Immediate eon- dltton appears to he that If nuy strong movement tn export goods, announcement of any doflntM policy by a recognised mar ket leader In bleached goods or printed goods, or any adverse crop report coming from a reliable source, should come upon the market, an unusual amount of buying would bo precipitated, and the strong un derlying conditions In tho first hands mar- ket would assert themselves very quickly.” New Orleans, Juna fc—Oqr traveling rep resentative wires: "Waco, Corsicana to Tyler t crops spotted; when well worked will _-, A _ SS> _Jg P°rt " neor perfect as possible; clean and well worked, with perfect stands.” Tho strength of the July position con tinues to maintain prices throughout tho ijn. in pm: ine nciaa nave neon ex' ’ptlonully well cultivated, being practical ly free from grass and weeds, and good Mnn<l>< lllivr. 1 •♦**>Tl oMulm-d. Tin* |.In Hi N thrifty nnd putting on frnlt rapidly. The noli weevil nnd boll worm have not ns yet made their appearance In this section. Private Wire to Ware & Leland. New Tork, Juno 8.—Cotton opened quiet, without apodal features. Trade light and mostly local, with Liverpool closed. Look for quiet market today. Lesser-(J old man Cotton Company Of St. oula weekly weather report: ‘‘There Is Ittlo of additional Interest to report since ours of the 30th of May, except that weath er conditions have been almost perfect for the growing crop In Southeast Missouri, Arkansan and the northern portion of the Indian Territory. Wo hear of practically no comr*- 1 -* - *“ J d— *- can onl_ favored with normal weather conditions during Jane, the plant, to our mind, will AT THE OPENING ROOM TRADERS WERE AG- ORESSIVE SELLERS. Forced Prices Down, But Devel oped Strength Later and Advanced. Hubbard bought about 6,000 October and December. Cotton very steady: soms good local buy ing, which has absorbed light offerings. ness. The balls feci tho lack of outside support Ono of the closest observers around tho ring says that Now York Is the heaviest buyer of October nnd December. Snots nr© in good demand nnd fnctors claim they enn get prices that are %c higher thnn quotations for whnt they hnvo to sell. Not over 600 bales bavo been sold far. SPOT COTTON MARKET. Atlanta-Steady, ll%e. New York—Quiet. 11.30c. New Orleans—Firm, 10 16-16c. Liverpool—Holiday. . Augusta-Quiet, ll%e. Ksvannah—Steady, 10%c. Wilmington—Sternly, 10 13-16c. Nt. Louis— Quiet, Uc. Norfolk—Steady, 11c. Charleston—Firm, 10%e. RANGE IN NEW YORK COTTON. The following Is the range la cotton future* In New York today: Last \ Previous Open. nigh. Low. Sale. Close. Close. Juno ,10.M l0.«q 10.00 10.80 10.K-67 10.57-Si. Mr .10.83 18.88 10.80 10.80 10.4641 10.62-63 Anr. .10.48 10.68 10.49 10.49 10.48-49 10.49-60 Nov. E:.... ,. .10. .19.40 10.40 1937 10.37 19J7-M 1939.40 1937-30 10.83-40 41 10. B0 10.41 1941 1941-42 10.41-44 47 1 0.53 10.43 19 45 1946-46 10.47-48 49 1940 10.49 1960 10.46-47 10.47-49 «rh. .1950 10.01 10 35 10.56 10.54 10.66-67 RANGE in NEW ORLEANS COTTON rottnn futures rangoii ns follows nt New Orleans todsj: _ Lost Previous , Open. nigh. I-ow. Sole. Cloee. nose. 1&M io.ki W .199! lt.04 10.39 1996 10.96-96 10.1,9-90 £««• .10.64 10.70 10.62 1 0.66 W.M67 10 9164 *£' j. 1943-44 10.46-47 -1933 10.38 1930 1930 10.2930 10.31-22 1930-31 10.32-34 l 1 *-- .1934 10.41 lo.a: ]0.33 10.32-33 1933-34 {•"■ -10.43 W.U 10.51 1941 10.36-6) 1939-40 »fh- -1913 1964 10.53 10.63- 10.49-51 10.49-51 _ TODAY’S PORT RECEIPTS. The following tsbls shows receipts st the ports todtj, compared with tho same dir “« jesr: Gibsrt A Clay’s Dally Cotton Letter. Now Orleans, June 8.—The closing of the Liverpool market In observance of the Whitsuntide holidays, which ex tend over tomorrow as well, hns Im f mrted mi even further quietness and nek of Interest in the day's session of the Cls-Atlantlc rings. The quiet un derlying strength of the July option continues to be the sustaining influence nf the market and lias erented a de cidedly more favorable opinion In fa vor nf enhanced values. Covering nf the short Interest In tills month hns been fairly general nnd at the same time the October position found ready support from local traders, but the market still stands In need of a broad er atroke of outatdo speculation. The Influence of the weather seems for tiro moment to be lost In the more engross ing Interest of the outcome of July. All reports from tho belt continue. In the main, favorable, but the unequal dis tribution of molaturo In parts of Texas Is beginning to be eoroly felt, and has been the cause of some expressed ner vousness on the part of the trade. Spot business In our market Is necessarily restricted by the small supplies which, exclusive of the amount on shipboard and the very low grade llntere, etc, amounts to barely 30,000 bales. The visible supply statement today will In all probability show but small mill tak ings, owing to tho several days' cessa tion of business abroad and the un willingness of spinners to buy large ly, as exhibited In the small daily- volume of business done this week with such frequent Interruptions In the trade. L. J. ANDERSON & CO.'S DAILY COTTON LETTER *•* Rrk. •rtlvoston Mftl>IU» esseeeeees Nvannnh ViffiS&i Norfolk Baltimore ............. &?**: J«n Francisco w'r.**” INTERIOR MOVEMENT. New York. June *c-Wlth Liverpool closed today, our market lapsed Into a very doll afTalr. Even tho weather news has become stole and uninter esting. The trade Is waiting for toms- thing now. All have agreed that prices have declined about enough un til there is further development to la dlcate that we will have a large yield this season. On tho other hand, ft Is considered that weather conditions have been so favorable upto this time that a change Is due. The trade In general proclalme that It to too good to last. This feeling prevails to eo large an extent that the majority have been disposed to buy a little cotton for a turn tn anticipation of some un favorable news. A few unseasonable days would, no doubt, cause prices to build up rapidly for a while. ESTIMATED RECEIPTS. New Orleens expects 760 to L000 lisle*, sgtlast 2.700 actnal last yssr; Galveston, I vo to 2.000, against 2.397 sctnal last year: - u 1.0®, against 2,909 actual COTTON SEED OIL. November “♦ember ....... Closed steady. GIBERT & CLAY '• t ALABAMA ST. STOCK*. BONOS. COTTON. CRAIN, corrcc. provisions ATLANTA. OA. MEM BCR A* York Rtock Exchange !N>w Orle.ns Cotton Kxchangsjrhlc„ ; o noiM cif Trn-Is sees* iiasgfe ott caygE gasa'bbs&ssl Local and Lena Distance telephone S2H. - R. FAGAN, Manager. By Private Leased Wire. New York, June 8.—This morning the market differed very little from tho preceding markets of tho week. It was heavy for somo stocks and strong for others, while the greater part of the list moved unsteadily within very nar row limits and showed no net change of consequence. In view of the Impor tance attaching tn epeculatlve circles to the violent rise In the grain*ptt, more attention was paid to the grain move ment than to- anything else outside the stock exchange. Although more or less damago was done by lost month's drought, and while on this ac count It Is bqlleved that next Monday’s Juno report of the government show a lower condition than on the first of May, the expectation Is that the estimates will still make favorable comparison with previous pdars Whatever uneaalness Is felt over the wheat prospects now relates almost en< tlrely to the spring-sown crop. The northwestern Issues, as a rule, were Inclined to reaction In the day's mar ket, and proflt-taktng also made It self especially felt tn some specialties. There was considerable Irregularity at the opening of the stock market, but soon after the Initial dealings there was some showing of a disposition to take profits and operate more con servatively. Such declines as took place In the general Hat, however, were only fractional In extent. Room traders were aggressive sellers of stocks during the first half hour and forced declines of 1-2@1 per cent In a number of active epeculatlve Is sues, but the market soon developed n strong tone again, and with a few exceptions, prices nt the find of the first hour not only showed a recovery of early losses but In a number of In stances made material net gains; Government bonds unchanged. Othdr bonds strong. RANGE OF NEW YORK STOCK. MARKE At! u > i! i • American Nugur Refining motive ting Defining..! America. do preferred Atchison ea...... ilo preferred e.!.!.IH!I!!I!..e!!ee!I! American Cotton Oil I»It 111 111 i 4! (* .Mill (thill.. Brooklyn Rapid Transit...., ('nnndlnu I’adtlc Chicago nud Northwestern. Chesapeake nnd Ohio Colorado Fuel nnd Iron Central i.«Mtuni Chicago nml Great Western Chicago, Milwaukee nnd St. l’nul Delaware :m.| Hudson Distiller's Securities..., ms do preferred General Klectrlc Illinois Central American Ice Securities Dullsville nnd Nnidivlllo Mexican C entral .MDsourl I’urlrtc York, Ontario nml Western Niitioii.il Lead Northern Pacific York Central Norfolk nnd Western Pennsylvania People’s tins.. Pnclflc Mall.., War* & Leland’s Daily Cotton Letter. New Orleans, June 1^—The cotton market was featured by a strong de mand for spots today, which waa met with tho slimmest kind of offerings. Buyers acknowledged that they were helpless, and turned down new busi ness, no matter In how small lots It came. July continued the strongest month, as was natural on such a spot demand, and Its strength was reflected In the late positions, although It was evident that some bulls were selling out their holdings In the new crops and were going Into July which, If pres ent conditions contlnuo, will undoubt* edly squeeze itself. Somo operators went short of July this morning on tho theory that a reaction: wo* due, but toward noon these shorts were forced to cover at a loss. A reaction In July will be delayed by the fact that the larger part of the long Inter est Is undoubtedly held by those who are sadly In need of actual cotton and who will hang on tighter to their hold ings of contracts the higher the price goes. They will turn looee their con tracts only when they can swap paper for the actual stuff, but tho actual stuff Is now so firmly held that there Is little likelihood of anything like free offerings at reasonable prices until new cotton commences to mov#, and there fore a majority of July longs will wel come deliveries and will even demand them. This Is the reason why we say that July will probably squeeze Itself. YESTERDAY'S MARKET WAS UN1NTERESTIN G waa nothin* .trilling In the trading, anil naturally the Ourtuatloni wtrr .lmll.rly il.vold at apKial IntoTMt. Y.t, It I. to b. obwrvcd tb.t In tha main th. tonei w«» fiST enough, daaplt. dlaappolntlnf Liver- pool advtoea, favorable weather at the th and a good many favorable rta. The moderate ndraneo oecut itod to aomo exten expanee of tho ahorta, !Sy l w*. 'taaniptiTatod'to noma extent at te time at the oxpenae at tho ahorta, jt. as already Intimated, nothing aon.a- tlott.l happened. Wire kouaes wore eel ling here, ami the rionth Btlll noemed disponed to sell futures, however tenncloiis y neopie there seem to adhere to the hull aide of cotton. Largs spot Interests haro of lato been buying July bare and npptrar to hnre S P . B » BgMjsSw npears to have Bold 3,000 ha e« of th. Huai staple for home eonanmptlon. So a body did. In fotnrje It la Tery Urrely ililng market. The weather Is In t ,..9ln favorable, though too dry In aouthe Texas, the crop nawa on tha whole premia- ng, bnt the public la Indifferent. Vet. on be other band, tha conaumptlou la large. big crop la nineh needed, any something .Ute MLOM.OOO bates, and there ean be no doubt that the rttort Interest le large-and gradually tneraaslng. Helling the new crop months Wort at this time of Ute year has sometimes led to dlaUnetty regratabla ra- “tilti for tbosa who made t6» venture. This happened last ytar—an advance of he took place In a comparatively brief period—end It ha» happened In other r New Ortoeaa!*fuue U ^-t-'hnnnel IlcbU will £Ton" tt WUSSStel — itand the general direction of the they are to ataer. No fresh price Influences have become manifest, hut room traders on lioth aides of the areount fear the July mwlUon with e most wholesome dread, amt at the name time recognise In the perslatent demand for forward iitppllee a dla’tlnct and timely warning of possible trouble ahead In th. event frownlag sklee .honld come to mar earrent favorable nap prospects. Thus, mlsfnterpratatlen ef minor price fac- tors may for tbs swment block the clearer vision of the apenilator, bat to the end ths Immutable law of supply and demand must bring the mistakes soft errors to light with uafllnrhlng severity. Again, limited offer- Inga and tha firm teas of the apot market violate the confidence of tbe besr at a time, too. whea all natura la aiding tha efforts Xfthe fanner. It la a> aid, story, one the talent aboald have learned loss am. Taa- tenter's cottas market proved nothing, tmt demonstrated to tha atifient this f.-tt Th. bottom, wherever It may Iw, I. well above the expectations et the mca who have for got to remember that am-lent landmarks Bare lost their luerulnena. In other words, rotton on ita merits wilt work oat It* own saltation, the mantonlator to the contrary notwithstanding.-Ware A Lelaod. THE DRY GOODS MARKET. By, Private Leased Wire. New Yarh, Jme L-The dry goods market waa steady with a fair volume of business. Hosiery lines hare been opened for the spring of IW7 nnd the early rhowtnga prom- Ine g- -l mtlc. There w„s n . Ight sdvsi .tm lln*** «f fin** roloml c*o4a IUmpM anil Ur*mn rott/»o* sbow h«t llttl# rbanjfe, oad prlutcl itgv«lt!ea mail ■ ruu* n *jM wdL fiohr shpfrioM T*’nnf»gfi*f. Cool nnd Iron Tm* nnd Pacific l.’nlon Pnclfle United Stnti’H St»*©l do. preferred VI nrl nln-Carol Inn Chemical do. preferred.... Wrateru Union Wabash do. preferred.. * Wlsoousln Central do. preferred.. I T I (CloMjl >l»fi*n IIlKh Low lcin*f»l lilt! r:..»f» l*n.** 11 ■', l l'tsu i .si, \-<\ 1«H mt* 1«7V* H7H 147 14*Vk TIPS FLASHED From Wall StroeL Private Wire to Ware A Leland. New York, Juno 8.—London ehnnzoa illRht. Oat look favors n good bnnk statement, but B per cent bid for over tho year money. Talk of llrooklyu ltnpld Tranolt golot ou a 5 per cent dividend hnsl* next fall. If Is now earning 7 per cent on stock. There nro bull tlpw ou the Vanderbilts. I*aul, Steels. Coppers and Dnllway Utilities, also Wabash, nn well as Missouri I’nclflc, Texas nml Denver. Bear attacks likely tdmnld crop reports on grain be unfavorable nnd expect consid erable realizing, but look for good buying In all the active stocks on recessions. Itather look for trndors' market, thoifsli jocks should hold well nnd orafer long side for tho tlmo being, bat would buy only on ■hsrp dips. Feel very friendly toward Col orado Fuel and Iron. Summary of yesterday's stock market by Dow, Jones & Co.: ‘incrtcnn_«tocks ln London Irregular, with Ihvny rate bill goes hack to confer ence. Stocks plentiful In loan crowd. Scnrclty of Bessemer steel hampering op erations of steel roiuiyinlaK. Wabash connection with rittnburg -now completed. Deported Brooklyn Rapid Transit Is now canting 7 por cent on stock. Central of Georgia will connect up to form a through line to tho gulf. Vandcrllp says no abatement In prosperity this year, bat mouuy outlook Is doney continues to return from ‘Frisco Private Wire to Glbert & Cbtr. likely In the stock market with Independent advances nnd sperltlc rereHlsous the general —rifey, nnd we advocate the mnlnleimure tn* conservative bull position In ihls creeping upward market, pointing out that th* profesalonnllsni exemplifies tho wisdom of taking moderate returns, no far ns dally "iH'i-.itni i lire emu • rneil, for. until the Imd ding public Interest shall become rnoro ex- tho powerful been be On tho other hand, expressions of confidence are heard In these quarters nnd tho opin ion prevails that the gradual Improvement which has l»*on going on will continue. Ths sharp advance In ths grain market yester day attracted s good deni of attention, al though Its effect on stock values was smell. There were, however, somo fairly rellabl* reports of damago, but tbeso were 8T0CK SALES. 1:::::::::::: Total 888,000 shares STOCKS REVIEWED BY NEW YORK SUN New York, Juno 8.—Tho Sun say*. Tn the forepart of the day, tho market wm strong, many stocks making new high record# on the present movement, In th* afternoon, prices declined, on profit-taking, leaving, * however, sub stantial net gain* in the case of nearly all the active stock*. The undertone of tho trading was vigorous nml resilient throughout, and the market very per coptlbly displayed a broadening tend ency. For the first time in many day*, commission houses reported a distinct Increase of Interst In speculation 4Uid enlargement of orders on the part of their customers to buy stocks. Yet, as usual, the day witnessed the de velopment of no sensational or even Important nows affecting values. While It Is understood that thoro hns been as yet no definite conclusion of arrangements looking forward to tho retirement of tho 'Wabash Dobenturo 11 bonds, which havo been long matters of semi-public notoriety. It Is yet be- IJoved that theso negotiations havo reached practically a satisfactory ter mination, and that tho scheme that has been matured comprlseH the proposed authorlz.'iflon of a. general mortgage bond Issue covering the Wabash prop erty, by means of which not only the Wabash Debenture B bonds, but al! other bonds of the rood, enn be retired, with the ii.'t if • ult 11f tiir.'t ting thf r.'V •nues of the company hereafter for the big stockholders/’—Glbert & Clay. not natnoroas, nnd tho ball movment In wbest wns more In tlie nature of a drive st tho shorts thnn nnythlng elso. Tho brondonlng teudonoy which tlm market has Dl-HVII mill till* 'lnlllM'AH WllMl 4|i’ll'|tipM nil declines Indlrnto prottv rlonrly that storks ore still closely held end Iii strong BSBda The forecast of the weekly movement of money ahould Indicate n moderate gala by the banks nud he reflected In a fairly nnk statement on Saturday. Will I rent amount of progress lias been deallnga. of atoeki Krle, Heading, Norfolk Ifboug* profits. nl Car nnd Fo II. If. Atklnsotb V. 1*. Tnomsa C. Joseph A. McCord, Csshlsy. D. W. wyera. Asst. Cashier. Third National Bank Frank Hawkins, President. Ttioinas C. Erwin. Asst. Cashier. Capital Surplus $200,000.00. $300,000.00. DIRECTOR61 Frank Hawkins. If. M. Atkinson. Joseph A. McCord. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. WM. L PUL, Prnldnt soar. r. maddox. vm Prtt. MADDOX - RUCKER BANKING CO. CAPITAL S200,000.00 SURPLUS AND PROFITS . $300,000.00 ACCOUNTS INVITED. We Bell the widely known and extensively used Circular Notes and Letters of Credit of Thos. Cook <fe Son. » In Our Sivlng* Dep.rtmentwe .How tmarest .tthe Rtle of 3 1-2 per cent Compounded Semi-Annually. NOTES ON GRAIN Pointer! on Protrltloni. Private Wire to Ware A Lflond. Chicago, Juno 8.—Cable* Ignore H. vancc of yeaterday and It Iravca ua dci , _ . 'pend ent upon homo news fi»r further bull In fluence. Preaumn continual rains in north- wsst will b* the motive, bnt this tune should play out today or tomorrow, Chicago Inter-Ocean: King, of Toledo, wired tno Missouri crop report lato Inst night. It Is aensatlongl on corn and oats, and conflrma recent claims of damage. says: ‘‘Wheat conditions 77, last tuoutl a year ago M. Ouly 90 |H>r cent of corn planting finlshH. Com (‘ondltlon 76, « year ago a, last 8entemt>ef 96. Oat* con ultlon 48," against 74 last month and & ^ Cnah *bualties* In wheat In Chicago yes tjrdajr was 27,000; corn 60,000 auu oati At tho seaboard exporters sold 92.00C *vhont, 16,000 corn and 70.000 oata. There were alao cancellatlona of 160,000 corn ro le L_ - . Rida 4in corn sent to tho country last n\ght were up eveu with the advance in the speculative futures. The high bids sent out t»u Wednesday's advance failed to bring acceptances of any consequence In the morning, the highest bidder In Iowa g* ‘ only 11,000 bushels, aa farmera are! 8 aure enough of the new crop conditions to — P ___ _iou»e buying 100,000 In Nebraska after tho close. A crop report waa tsaued by the South Tj’iun.e -* *- te repoi iss or ti «rn niadn by a ^ersonnl can year's as follows: lexaa ., Missouri Oklahoma * Ian Te traaka Totals.. 46,980.000 41664.000 206,191000 169,770,000 There were sales of 20.(io0 bushels So. J northern .wheat yesterday /*t le over nly In atore. No. 2 hard waa lc under July and No. 2 red 87c. At fit. Louis No. 2 retl was 90U«92e. James Kldstou, of Chlcag*. who went weat two dsys sgo, wlretl from Denver: “Ix'ft Lincoln 7 s. nt. Found corn needing aln. Where the rows parallel the rail road .could ace no algn of growth. West of Hastlnga It la more backward. Wboat looks well, but Is heading out short'* Less urgent demand for wheat so far. Local crowd Is still bullish aud will work further advance If possible. ^Cudahy was best seller of corn this morn "Sat. opened firmer. Finley Darrell and Logan good buyera of Hepteiuber. Wagner and the nit crowd selling. Knight and McDougall fair tellers of July. Long wheat hns ponred Into tho market the laat half hour from commission bouses. * oca! Ir*^ * fiaslk . era of provisions. nothing. ' shade lower. Prtvsi* Wire to Glbert * Clay. Chicago, June 8.—'Wheat cables respond very fairly to our advance. Btlll wet north- * t no heavy rains. Favorable wcuith- __ west. Cash and .milling demand exceedingly i>oor. We shall carry over liberal reserve* to new crop. Corn continue* strong. Artlon of th* market will depend on country offerings. Wo believe^tfigir will continue liberal. do i B2A.P lug supported. Hog situation ay, but attacks. MODERN MILLER'8 REPORT ON WHEAT Chicago. June i.—The Modern Miller snys: ’Special Inquiry Into winter wheat condl- Ions covers ten states nnd two territories, •nse«l upon returns from milling corre- pondentH of tho Modern Miller. Outside Centucky, tvliero general deterioration of ho crop is reported, the majority of cor- rthpoinli'iilM inlvD" nil iini>i Ill hIio-o the late rains, or a maintained condition during Milv Quito n ihmuImt n«iff Hint beads on abort straw fill out well and p NEWS WAS BULLISH: WHEAT ADVANCED MORE RAIN IN NORTHWEST A FACTOR. A Drop of Ten Points in the Mil- souri Crop Report Was Bullish. By Private Leaned WIro. Chicago, June 8.—The grain market today closed strong up from 1-2 to 6-8c per bushel on nil cereals. Crop dam age reports from the Southwest on account of lack of moisture nnd cover ing of shorts and heavy buying by commission houses was the principal feature. ■The market opened strong nnd steady. Influenced by more rain In the Northwest and a drop of 10 points tn the Missouri state crop report. Wheat. July, 83 1-2 to 3-hc- corn, July, 61 1-4 to l-8c, nt opening. CHICAGO GRAIN MARKET. g Hept Dec. .. CORN— July Hept Low. Close, close. 82^ *4^ 38 v? 8.82H 8.06 8.87Vi X'S* •• x. 9.15 60% .VH* 49« Silt 60 V* 61% 4»% 91 34% _ .. |» ‘Tfi*-** dy .,16.78 Hept ..16.60 LAUD- Jnly .. 8.82% Hept .. 8.96 Oct. ,. 8.16 HIDRB- July .. 9.46 Hept .. 9.36 Oct. .. 9.18 rash Wheat—No. 2 red, No. 2 red, is ’°- 2 h,,r ' , printer. Rl'tiACr; No. : do, 76081c; No. 1 northern niirlng, 84 , ffk8c; No. 2, do, 83^J84c; No. 3 do, 82084c, CHICAGO CAR LOT8. Todajr, Tomorrow, 8.77% 8.80 8.82V4 9.45 :• r. 9.18 LIVERPOOL GRAIN MARKET. Vhest opened % to % hlghor; ld9 p n to % higher; cIou.m! % to % higher, .orn opened % higher; l .1) p. m . u • % higher; closed PRIMARY MOVEMENT, The follow lug flguri's show tho primary ent of t bunlndN. ngnlriM the crop ha* 1 Tom pin I lit a Hint ■■pOTpi to condition are uuiiM’i nun, coming prlii'-liuilly from 11111 >• >11 Missouri And Kansas, ibirvcst Is delnye In Texas by rains, but lifts begun In jet uessee, the territories nnd fioutbern fen souri and Illinois.” York, Jnno 1—With holidays abroad In the cottou markets. It was natural to inpus* we would have a dull session on Js side. Onr opening waa a shade belter than Inst night's closing, and extreme <ltilf- ness set In. Around th» noon hour, a sharp I * 'ii ns it, irl.ft 1m 11 • nrkef, ho S', the New York I ncQ was nut nn greet n In New Orleans, the market showed con sldernMo strength nnd nervous shorts Id* market up on thennwlTP*. The bull showing more confidence In their po sltlon, and tho good weather seems to havo ‘ discounted In the past few di - *■*--* In New York report that New w ._ iplnners are showing more Interest In tho murker there, and good sales are reported from the New York stocks. Th** next - — nths we will witness srent (1actual tho cotton markets, nnd speculators have n chance of their lives. The ill tnlnty nf the results of the coming will deter a great innny from trading. ,a that If there should happea nny- ■ much hlgli- .. ihe present gt^sl. the decline will Inarrow, but *ven tho** who are not bullish, cannot deny the fact that the market la well In hand and a resumption of the up ward tactics, which hss been so profitable In the peat two weeks, might not lie re- suroed. Tho** lasoes which have enjoyed amalgamation of the railway equipment ~ nl*'* Into one concern ha* helped tho of the various railroad supply com- Reading, while a eh*d« lower In ■ Jirkst session quickly- rallied and ad vanced to the highest point reached since the Han Francisco disaster. After the noon session, the fertllllcr share* were taken ■Ifcof and marked up. A better feeling compan shares < sm Wheat- BUMP 163.000 himhrh last year; ImimIicIs, against 1GS.-^*0 bu • '<•! It ltd »'l|lt S, 7*, 450.000 bushel* last year; i busin-ls, against 464,000 bu THE LIVE 8T0CK MARKET. By Private loosed WIro. Cklrago, June 8.-Hogi»-Rccelpta rstliunt- cd 17,000. Market stmnir early; now nti>ndv closo; quality fair; loft over. 3.766; bulk, |6.47%fl*> 65; estimated receipts for tomorrow. J5.W0; light bogs. |6.a84i6.66; mixed. |6 »C6.6T%; heavy. |6 28«6.60; rough. 36.25r(6 3f»: pigs. t> 36<U6.30; ymkers. 96 604(4.65- g«n»«l to rnolco heavy. 96.6o<fia.an, t'attlo—itarrinta. 2.000; .iron* H—*11 -nO-OO; .„wr, II ,VS(4.M; lirif- —ra. 32.40^4 99; Komi |>rtin- .roi'M, 15 25® I""' r to llindlsin. 34 "9475 20; Harken Itcrvlpta, O.'.O; marVnt atronx nt re.tnrin,: riiwimr tiKnr...; uiiMvp. i:t Keep '■ Jt; wo.tBnij 33 ?); vcnrltiiKH. fiT. TK9# 1— »6.D0«7.W. 3.49; Inin 1 >i, 3S.fi'Krx7.10; wt NEW YORK COFFEE MARKET. tha np«fllBff deliver, toflity In New York: effro for future Janaary Egr?.. Juno ... July ... „ August H«q»tcrnbcr ... •>' t<>l»cr N*v*san*r ... ., I»Mnin r Closed steady. Ousn. Close. . 6.604.76 4 404 46 4.70 4 *) 4 45 4 76 . 6 W»6 H6 4 754.86 . 4 M 4 'jf, 4.884.96 . 4.48 4 904.98 ,6.08 6.10 6.08 6.16 . 4,16 « 15-4.26 6 20 6 86 4.264.28 . « :v> 4 ,V. 4 304.36 .6* 6 46 4 884.40 vaneo In lard, nnd were not Influenced by tho firm cotton market The market ae tho done wns quiet, with prices >ic lower c higher.—Ware A Leland* SOUTHERN EXCHANGE Oldest Established Office South. cono*—stocks—BONOS—sun Ground Floor Gould Building. Dally market letter and market manual mailed on application. COTTON 8EEDOIL MARKET. New York, Jane 8,—The market for cotton seed oil waa decidedly more active aud again lower. There a**as*d to be *om* llttl* pressure all along tbf line, oad also some switching between September and October. The recent decline appears to have brought some liquidation on the market, although It I* still claimed that the available sup ply of oil Is very moderate. Price*, how ever. failed to respond to the further ml- L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 acrcacNCK. the ncal bank PHONE I4IT. PaUOENVIAL BLDG Ntw Orltat*. WARE A LELAND * IN, PROVISIONS, STOCKS, BONDS, COTTON, GRAIN Ho. i Wall SI., Ptlan Building. Atlanta. Q, mtmUMS Haw Yark Colton hthang*. How Oflomt Cotton Ctehongt. s to Ht* York. Hew Orteaat, Chicago. Chicago Board at Tra4a. Ch tago Stock hchangt. Nam York Cottao hchango. B C. COTMHAN, Btanaoer. Standard Phono 23k PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floor Piedmont Hotel. STOCK*. BONDS, GRAIN. PSOVItlON*, INVCSTMCNT*, F**t Wire Service from New York, New Orleans, Chicago. coaaetPONOCNT* M. J. SAGC A CO , AX BROADWAY, NCW YORK. tow. MOTH. Manager Local and Long Pittance Belt Pkano IBM.