Newspaper Page Text
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MARKETS
Edited by
JOSEPH B. LIVELY
Mr. Lively Jins 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 tho entire country.
business WAS REPORTED
fairly ACTIVE.
Booth Sent in Fair Amount
Buying Orders on Early
of
RANGE IN NEW YORK COTTON,
The following l> «be ran If In cotton
utnrc In New York todfjr: prfT|oa ,
l.tte °,«.*!«'£ 1«!S& SSh
S. :ftS i?:S m ii i*{U jtls
News.
uramnnl'* opening w*» belter than due
ifln Thl» moraine, being 1 point up <m
jj retr montha and 2 up on the late poal-
S L marked up 0 point*. making
Lf 6.11*1. Salea C.OH l.nlef.
Ir York raeponded to thoradraneo In
♦v'VncIli'h market, though the ritustlon
i tin* July option wns considered the malu
•ST-rriee-a “nd." In the morning we. the
J!L; „f eonelderaldf romiueat, both (a,
■1^™i,""the U r D t f hb”Kt!’be an/a. In referrlnt
*Tl!e f*uglf uit—•* It It menon any
that the disposition to exaggerat*
.tl Sraeaaa plautwl thlf year la aa markeil
SVu the disposition to underestimate it
l 1 .! rear and the tendency toward exits-
JEnCwItb n new of correcting last
errors has been felt even In tho
torment of ngrlculturn Itself.
'*-7. meane further that the actual In-
_5,e In acreage this year, liberally eatl-
£!?£? I« not over 4 per cent. and. fu my
Sn”li. It If doubtful If It la even ns much
2 * ner cent. The acreage returns were
“Ailed nt a time when nearly everyone
fi n ,. Sooth waa under the rMietlonnnr
UBuenre of last year's small crop eatl-
Sites, and bad swuag In consequence to
Se other extreme, anil were endeavoring
to forward tbelr apecnlntlve operations by
i, orereatlmate on the acreage and the Im-
fllratton of a Urge yield this year.
the department now admits that the
tarreiifc In acreage over last year la barely
I M>r rent. It becomes more nttd more
Ululr evident that tha moat eitraorttlnary
Hadltloua are neceaaary from now to the
Z of the sen sou to produce a crop that
--- iroxlmate next year s minimum
NEWS AND GOSSIP
Of the Fleecy Staple.
nppj
Mi*.
r \>lr te St? Oltart & Clay.
SS^fifeaRW
New 11
on aumSUrSJd *2% u ,5
rirajirt Vo" ‘Xt'Hrten ’ W «
a ® r » B s^
S ® »jr*
curred. Temperature* much lowerT
p rlvnte Wire to wTrTt Leland.
I'Th.’VnuliMt'hSe U mora KmUTKS
■arke*”"*’ H,Te wMWJffiftJ
£&?i!r4,irss.S8!i
and^broiera**1 ooka"flkifPrfee 10 ^ bjr W ' W
active; tone more uncertain thau recentlr
..gey oriaana. .Jhae KEattSroruTY?
raf?* 1 Teturued from a trip through a Urn
Pprtlou ft .Tens. Too mneb raliiTn north-
SK are around
July in ffiftSUrt!* UVer|M< ’ 1 <* ,,,|llu *
SHORTS IN THE JULY
ARE BEING SQUEEZED
Votk, June 12.—'The Sun says:
things lorded It over the .New York
market and lifted It willy-nilly. They ware
“ J'dy squeeae In New Orleans, .trong
cnblra from Liverpool and very hot weather
In Trine. That caused covering on quite
a fair acale here, though the aifvsnce was
not so great aa In New Orleans. There
"T? those who think that the July abort
Interest here U of no small proportion*.
The certificated stock In New'oVirans la
verr email. I)ry goods reports are In the
main favorable, and unieae there la rain
and cooler weather pretty soon In southern
Texaa there may be a weather scare. New
Orleaus nud the South bought here, and
”K*» **■ «la<> « good deal of general cov
ering, not only for room operatora but for
outsiders. Including the Wall street ele.
ment. There Is no Idea that the crop In
Texas has as yet been seriously damaged,
but no season posses wltbont a weather
scare, and It Is not dented tbat lower tern-
peratnrea and rains are needed In the
southern portion of Texas. The government
practically reduced Its estimated Increase
of ncroagn from «.J per cent to 4 per cent.
■ fast aeaaon. The <
B 5,>w h York!' ? June 'll-The undertone of
the local cotton market nt the outset wai
Moulder* lily lirtner and boalneen wnn fairly
srtlre. The Uverpool market responded to
Mr Price’s comment on the reply of the
haresn of atntlstlca of the department of
agriculture to Itepreaentntlve Bllerbeevi at-
tsrk on the last cotton report by coming
wvrrnl points higher than doe, while slrnb
ysisF#*-*’ ** sMsasrsesjs as
SPOT COTTON MARKET.
Atlanta—Steady. 11 l-l«c. '
New York-Quiet and atendy. It*.
Now Orlonna-Steady. llHe.
I,lror|»ool—Quiet, 8.1H.
Augusta—Steady, llto.
Sovaunah-Stendy, 10 1648c.
St. I .mil*—Steady, He.
10.4941
?|rt .1943 R63 ioto 40.60 10.
10.54-56 10.50-00
Itch. .10.70 10.70 10.00 10.0) 10.014J 10.06
doted steady.
RANGE IN NEW ORLEAN8 COTTON
Cotton future* ringed ** follow* at New
Otlrsn. tod.,: u „
Open. nigh. Low. Bala. Close. Cim*.
ilia ii!» iii» i^jo-a il
.... .10.80 10.90 10.S0 1W*) 10.80-81 m
Sept .10.88 10.68 1 0.49 1 0.40 10.49-61 1J»44
w « w « 10 -* w :» 1S3S S8H
.VM 1148 mti 10.JO IJkSMO 10.4840
Jta. .19.13 10.53 1030 10.60 in40-46 M.H U
p|i .... ..... eeeso iiittiti 10.iQyw
irk.:::::: ::::: ::::: .:... meeir »«
Clow«I atendy. •
LIVERPOOL COTTON MARKET.
Ursrpeal, June 12.-12:15 p. m.-Spnt eat
H qulPt. with prlre* atendy. Middling up-
had*. «.1W. Sale*. American. «,««.
•mlatlnn and export t 4«000. Receipt*, 4,
P; American, 100.
Future* opened steady. „ ,
Opening Prerloua
lunge. Cloae. Close.
ssssaosss sis07 8.M B.8I
5sW4.lt I.I74.IS 5.834.84
=ms> w -
:::::::::.'6:«i:S aou.o7 *-• _
....6.03 6.00 6.044.86
6.01 6.68 5.844.86
6.68 5.684.87 5.86
6.874.68 5.68
ms July
Nf-Aag-
asg.'Sept
qunct.
M. Nov.
' ■ I I- . .
ht.Jan._
Jin.-IV i..
F^.-Mnr
Mnrrh
quiet.
^ TODAY'S PORT RECEIPTS.
Tl* following UN* *how» receipt* nt the
gttModty, compared with the same dty
1906
1905 ^
>7 nrie.n,
p»»nah :::::::::::::
QarWt«>n
Sari?..:::::::::::
Wtlnmri-
fork
918
1( S
1872
6
197
711
'ioi
82
4116
6106
230
4014
13
iM
"8
*
Tom
6141
1*832
i interioiTw
OVEMEh
T.
1906
190?
Banston
S»*«a *!***’
•teuiphl* *
Jt ten!* ’
'•wiunstl
1032
190
298
881
610
4846
18
60 .
266
Iot.1
2998
6673
. f®.T,mated receipts.
'h-lraoe expert. 7.0 to 1.000 bet**.
Si.' A*- 3 * r 'tuaT l**t yeer: fl*lve*toe.
1 % «*•!**t 2.272 erinel l**t yeer:
SJ"*". 1.890 to 1,304, .{ilDlt 2,211 eetuei
• ' 3r ' .
the dry goods market.
\Frtr.t. I>,rad Win-.
Jr! ' ork ' June 12-Tbe dry »nodi mer-
y * ■taodotm tOiUT leHTItl#. of*
gn k ,^rsjy*j«,d"4 i.Wi
JJt 089 quotabte rhnngrs took place la tbs
■ *» a whole.
Jsew Orleans. Junt 11—'“Whether
New Orleans short Interest In July be
large or small. It la great enough to create
a very acute demand for that month's
contract* aud a feeling of confldenco In
the camp of the to—
haring again push
above October, but bulla should remember
that the South aa a whole yet holds a lot
of cotton, though the local territory I*
freete out game too far. YeaterJay's ent
ail eighth of n cent This makes the gain
on July some 60 point* within n week,
which destroy* the prospective profit and
some margins, too. of once overconfident
Julr-October straddler*, who now find It
difficult to buy In the former and sell out
the latter eren with a loss. The July in
terest. however, cannot be large, because
of the scarcity of business during many
weeks paat. Consequently tho Increasing
ncuteneaa cannot cost anybody « really
hurtful sum. Meanwhile crop weather con
tinues good enough, with tha daws fn the
Ideal limited to the need of a little rain
here and there. Hence, fall short* as yst
have had but small cause for real worry.''
-Ware A Leland,
L. J. ANDERSON & CO/8
DAILY COTTON LETTER
New York, Juno 11—A strong Uverpool
market and it slightly bullish government
report gave a good tone to the cotton mar
ket today. Shorts covered ou the advance,
•Iso there was further buying for long
account. Southern spot markets continue
steady with Ught offerings, also ports are
again small. . Homo fear Is still expressed
In regard to a July sqUeexe In New Or
leans. but the Mg bulls claim Ignorance of
» 7/ “ “ 7 7.
cotton and continue to express their belief
considerably higher prices. The ad-
HI THE OPENING
MANY SHARP ADVANCES
MADE IN FIRST HOUR.
Practically Everything Traded in
Joined in the Later Upward
Movement.
the
market cpntinued to feel the good tnjfoence
of yesterday's cron estimates. The reovlpt
of another $1,000,000 from Snn Francisco,
mnklug a total of $17,900,000 received back
from that dty, and a gnlu of $700,000 on
the week by the local banks that the sub-
treasury also contributed to a better feeling
In simulating circles. In the main, how
chiefly felt lu the market. 8t. Paul stock
reached a new high level for the current
movement, but did not monopolise atten
tion to the extent It had on the previous
days. Pennsylvania waa also bought
at advancing nrice*. and tin* Wall
rumor had It tnnt the rise was a prd
freely
street
rumor had It that the rise was a prelude to
formal announcement of the successful flo
tation of tho Paris loan. At the same time
" ■ - ■ r . tll.lt I 'III II *» were nil font f..r -MU-'
disposition of Pennsylvania holdings lu
Haftlmore and Ohio was persistently cir
culated, and this wns glvcu ns tho reason
for the unnsusl activity and struggle In
Baltimore and Ohio shares. Further tip-
bidding of such Issues as Delaware aud
Hudson, Chicago and Northwestern, Orest
Northern and Northern Pacific furnished
the other features of the morning. The
upward movement waa checked in the gen
eral list toward noon by a sudden upturn
in the grain markets, wheat and corn both
rising very sharply.
J The stock market almost without excep
tion showed go Ins at the opening and Ini
proveinent In the first fivo minutes of f
ness. Colorado Fuel started In IJm h!(
(Ircat Northern preferred. Distiller's
curltles and American Locomotive go
Vi; Louisville and Nashville %p. Aninlgn
mated, Pennsylvania V4 and Union PadfleJ
Erie, Heading and Steel common up >».
The market has shown Improvement since
the opening and during tho first hour many
sharp advances wore made. Northwest
rose to 3Q9V4 and Delaware nnd Hudson to
231; Baltimore nnd Ohio made an advance
LtelV4; New York Central rose 1U and
on Pacific. Heading nnd Pennsylvania
He filr gains. Practically everything
else traded In joined In an upward move
ment during the first hour^
(governments unchanged,
stronger.
RANGE OF NEW YORK STOCK MARKET
( / / I fCloi,[Pr«r.
lOpan'lIlcb i !>'«*.IClo.-! 1116. |CIom
Oth.r bond.
8TOCK SALES.
a. m
noon
1 p. m..
. .. ..... ..J77.3M sham
3 fc m.. .. UMoO sham
Tutal 627.600 share*
GOVERNMENT WEEKLY
REPORT ON WEATHER
recession will prove profltab
PIEDMONT BROKERAGE CO.’S
DAILY MARKET -LETTER
New York. June 12.—Cotton— A reduction
In the ncronga of eotton and Irregularities
In the agricultural department at Wnahlng-
ton waa given aa the eaoae of the advance
[abroad today. Uveroool came very mneb
tiettar than due. and while the spot, sales
there are still small, prices show a harden-
‘eney. Reports of drought In south-
Trx»» and In portion* nf the ecu-
f abate* are also worrying the
aud price* here idvaiiee.1 from 8
to sell tho saw crop option*.
nd there mu*t eal*t an enormous abort
-moo months, leads na to be
long aide la far more prefer
able" and' we think purchases mad, ou tho
a how prodta. ■
prim for the International
VrofeMloual operations were
heae specialties. After an ad
olnt In St. Paul and Baltimore
.harp recession around the
The weekly weather report
aaee In grain In Chicago waa
COTTON SEED OIL MARKET.
Kew York. June It—'The market for rot-
,^*Ld°5i «. qalet hut rathet hemvy
Thera continued to no msre or leas pressure
tho nrerby deliveries, which have
rn a greater deellna recently than the
erop Thl* decline. In the face of
lard, has caused eonstderaWe
“’V il 36HOT
GIBERT & CLAY
** *• ALABAMA *T.
COmC. PMOVI4ION*
ATLANTA, OA.
&
T«k Stoek KxehanceJJfew Or>«^* Cotton Rxehar.je.jChteago Board of Trad*.
ssiaa Hz sss rsh.^.
Uva. and L.n. Di,Unci’'^OAN. M.b.R.ri
Private Wire to Olbert & Clay.
lfnshlugton. June 12.—Following I* the
weekly government report for condition! lu
tho cotton licit:
Arkansas (Little Kockl-Tbo weather with
generally fair, with abundant sunshine.
The forepnrt of the week wna moderately
warm and the Inttor part very warm; tbel
rainfall wit* slightly nbova normal nnd warn
sufficient In the northern half of tho state,
hot waa ranch below arernge and Inanf-
Orient In tbs southern half. The last day
Tlsham. d (&ontgomery|7lIlgh dny tem
K return prevailed, the minimum being
■ degrees nt Selma on the 9th. Scattered
and Insufficient showers occurred during
the early part and Intter part nf the week
A drouth of from two to four weeks' tlttm-
tlon prevails In scattered sections.
Georgia (Atlsulnl-The weekly I-M
temperature waa deeldedly alxm normal
La, i maximum of almre 1M degree!
at Albany and Forsyth on tho
..........II waa unevenly distributed, and waa
relow normal at most stations. Itnln .was
general on the 4th and Mattered locni
showers occurred during the rest of the
"Louisiana (Kew Orleansl-The week was
very warm and dry, and while light scat
tered showers occurred over limited areas,
many localities are suffering serlomdy from
drouth, even drinking water Iwlng senis-e
u some plarea. Fresh winds temper^ the
teat, but Increased the dryness. The sun-
i shine wss nlwr# the norms),
f Mississippi tVIcksliargl—The weather wss
clear nr partly eloudy *l lh , f r *h south
erly winds and nnlfnrmly high tempera-
turn Jlaalmom temperatom generally In
the 90's occurred throughout the week. Lo
ral ahowera oecnrred on tha 4th aud 9th.
The rainfall waa heavy In eatrame aouth;
elsewhere It waa generally dedetent
North rarnllna tlUlelghf-Thmder storms
with gnod showers occurred throughout th,
state during the.week. The pr.-dpltat on
waa about normal and waa fairly well dis
tributed. The temperature was about 4
degrees above the normal, the; highest re
ported bring It degrees and the lowest 80
d 7kUh^ma and Indian Trrltory (Oklnhom.J
-The week waa warm, partly cloudy and
anltry. The mean temperature-wee ebont
Si ind*
, "Au7h , C.%fii rt ('cS.«m.d.l-n i gh tempera,
tore, oecnrred on two days. Although the
rainfall waa axcamrtve In widely sepnrste<l
localities, the average precipitation waa be-
'"xexaa (Galveatonl—'With tha exceptlnn of
a few scattered ahowera on the 4tb. the
iweek haa been abnormally dry nnd warm.
Ivnraeroaa eomplainta have been received of
nroMnged drouth In aoutbraatern eountles.
Hnln la needed over nrarly the entire,
asm them half of tho state.
' Tennessee (Nashvillet-Tbe temperature
was high througli’" 1 * the week. Showers
IJfe quite general on tk, «th and 6th and
[•Ottered thunder storms, revere In a few
llnstanres, orrnrred from the 8th to Wtb.
Weather conditions were fienerelly favors-
bit.
O.BERT^CLAY'SDAILV letter
New York. June 12.-C. D. Freeman ft
Co.. In their drooler latter today, say:
•The market eoatlanea la a state of nn-
c. -ntntv line solely to the confusion In
fected In' it *iy the bureau *t Washington
rad the wilful dl.tortlon ef f.et. by rer-
tain apeenlatora. Kwy utterance from
the department nt Wartriojrtoml* mamrkied
by Ineompeteoey. end why the ration trade
continues to he WM h T
tlmstlnc bosrd It Is hsrd to uuo^rsisuo.
BfeEK*SrS'S
F-^?!di« to tT2ir estimate of 39.M.0M
P33SSBS3k*s
! , rb-.-? lint we should attempt to deal with
fhTS»* «fy. IrSrapeetlve' of It.^market
Influence There le aodonbt that the pm-
ent laaetlvlty la due antely to the attempt
dicing made to -*. t » bU * h , j! 7r^*omnM
SKnfijcffii"® satT-nSir
wUdom In re train! tut from trading until the
time aball come when the force, tkat am
•^ilXriy"i£firiS^f , .tra.gthti Li he
SSffia-Sss-&S2&SFT&
— Coast
Aowrlraa Hugar Hcflulng...,
An.u-onila
Amrrtcan !.«•<uniotlvc ......7..
Amcrlmu Smelting Heflnlivg....
do preferred
Atchison
do preferred,.
American Cotton Oil
Baltimore and Ohio
Brooklyn Hsptd Transit
Canadian Padflc
Chicago and Northwestern
Chesapeake and Ohio
Colorado Fuel nnd Iron.
General Klectric...,.,.,
lllItudH Central
American Ice Securities
LouIm Hie nnd Nashville.
Mexican Central
Missouri Pacific
New York, Ontario nnd Western
Noth'- '•t Lend
North .11 Paeltlf
New York Central
Norfolk nnd Wesforu.
Pennsylvania *
People's (la*
**rossed Steel Car
do. preferred
Arlfle Mol!
Hendltii;
Keputdlc Steel
Hock Island
do. preferred
United States Hu!d>er
do. preferred..
Southern Pacific
Southern Itntlwny
do. preferred
SIons-Sheffield
Tennessee Coni nud Iron
Texas and Pacific....
Union Pacific
United States Steel
do. preferred
Virginia rnrollnn Chemical
do. preferred
Western Union
Walmsh
do. preferred.................
Wisconsin Central......
do. preferred
Ware a leland's
DAILY COTTON LETTER.
New Orleans, Juno 12.—Cotton was
dull but steady today. Neither side
showed any fondness for increasing
its commitments nnd the outside pub
lic still held off. The talent paid more
attention to weather conditions than
It has of late, but little was found In
the reports coming In from the belt
to speculato on. Texas Is trying hard
to make up a good crop scare between
too much rain In tho North, too little
In the South nnd the ravages of the
boll weevil generally, but thus far
prices havo refused to respond. The
next thing on tho program will prob
ably be hot winds, which generally
cause tho shorts to do some hard
thinking. The weather map this morn
ing Indicated showers In tho dry dis
tricts and dry weather In the wet dis
tricts of Texas, which caused the bulls
to direct their attention to th© threat
ened tropical storm In the eastern por
tions of the belt
Wasting Valuable Materials.
From Phlladelphlh. North American.
Those ropo ends that tho president's
cnminlHnInners saw being chopped up
for potted chicken are likely to make
trouble for somo of tho employees. They
ought to have known better, with g.
Havana filler so high. No wonder the
beef trust has been making only 2 per
cent profit!
Hlstorfo Restraint.
From The Chicago Record-Herald.
A Texaa paper proudly declares that
"Andrew Jackson never called a man
a liar by telephone." Wo might add
that John Quincy Adams never used
a pianola and that Aaron Durr never
ran over anybody with an automo
bile.
Who Discovered Teddy?
From Tho New York World.
While a patriotic association cher-
Imu'M t lit* Th' -'il »p- lbi*is»*\ < If ln»iiH#t -,f
birth, the Owcgo dwelling where Thom
as C. Platt first saw the light goes to
a stranger for 210.
TIPS FLASHED
From Wall StreoL
Privets Wire to Wsro A I.dnnd.
Now York, Jane 11,—The Financial Bu
reau says: It la reported from good sources
this morning that Standard Oil buying Is
taking place In Amalgamated Copper. Tbs
Flower contingent is said to be bullish upon
this Issue.
Aiurrlcsu stocks In London steady st
about parity.
London fortnightly settlement began to-
Return of, rnonsy from Han Francisco
makes position of banks stronger tbau
usual at this time of the year.
Homo demand for 8L Paul In tho loan
Paul cov-
Substantial short lino of
erod over STK.
Slight Improvement In demand for bonds.
Chicago considers tho crop situation favor*
aldo nud bullish on general mnrket.
Forty-three roads for the fourth week
In May show averago grou Increase 14.20
p'-r t fni.
Souther . .
heavy decrcnL._ . ..
pillowing tho Frisco
-Dow, Jones A Co.
NOTES ON GRAIN
Pointers on Provisions.
Private Wire to Ware & Leland,
Chicago, June 11-Government report on
wheat mesas a crop of spring and winter
whest of about 700,009,000 bushels. This
cannot be called bullish. Would advise
selling long wheat.
Inter-Ocean: Cash business In wheat In
Chicago yesterday was 250,000 No. 1 at He
over July In atore. *.000 No. 2 sold late
In the day for eastern shipment and 16,000
mixed lots. In all 350,000.
Hales corn were 210,000 and oats 75,000.
At tho seaboard exporters sold 40,000
whest and 50,000 oats. Charters were made
for 110,000 corn at Hie to Buffalo.
"Continued dry weather laot week In the
Union Pacific wheat territory caused fur
ther decline In the prospective yield and
quMUIr, dropping 10 per ceut," say# the
Midlaud Elevator Company, of. Kansas
City, In Its weekly report. "Houtheru
Kansas and Oklahoma have a fine crop not
irsvloua estimates. G
lug to lack of molstur
_ . joft wheat In southern
will commence this week. A good
FEELING EASIER
IN WHEAT TODAY
THE PIT CROWD WAS INCLIN.
ED TO SELL
1 1'
"In government: Winter wheat condition
n rear average 81; losa from May 8
; lose ..In bushels 4LUW.000. Hpring
lot below ten-year
wheat condition
K*nsV^ i c^ fc ”Tbtsi%rheat w crop 9,000,WO
over 1M5.
oats condition M; lost from last year 7
points and 5 under 10-year average. Acre
age decreased 998,000 bushels or I.S per
•nt
Rye condition 10, or same as ten-yesr
range.
Tho condition of winter whest Is lowest
wheat condlth “
-1'inlltlon of Winii,-i •<..... 1. mhu
oats Is higher and spring wheat lower
than expected.
Private Wire to (ilbert k Clay.
Chicago, Gune 12.—Record-Herald: "The
wheat market wna more or less under the
Influence of tha government report yes
terday, although the figures were not an
nounced until too late to be digested by
tbe trade. The popular disposition, how
ever. waa to curtail operations until the of
ficial crop status wss known. The tone
was strong at the outset until Information
"an array of linllish j *‘
heavier tone later, pi .
realising salon by longs. The weather
waa better northwest. Pringle continued
the ratnpnlgn vigorously on the buying
side, but the market acted •• though wheat
taught openly was belug disposed of under
rover. Lake nud Hoott were each working
steadily for a decline. There was little ex
cept professional Interest In the mnrket.
^Speculation In corn wo* mainly confined
to professional circle*. A portion of the
ode was rnngcil 011 tbe selling
nitrous advices were received of
. condition of the growing crop,
r ad There were continued moderate offey-
ngs from tbe country.
"There was a large specula tire trade in
oats. In which tic- homi.i.-r. -innal Mil
figures to n smaller extent than during
tbe greater part of last week. Neverthe
less there wnn quite an accession of orders
from outsiders late In the «lnjr.
"Price fluctuations showed tbe nervous
ness of the trade provisions. The general
tone of the market was firm early, but
there was very little doing."
STOCKS REVIEWED ~
BY NEW YORK SUN
L
Due to Lower Cables and Good
Weather in the North-
New York, June 11—The Bun aayy: "A
dull traders* market. In which lack of
participation by the general public stood
out prominently, and In wbtrh prices rl-
bra ted Irregularly between strength nud
wenknoss, closing for tho most part at a
net advance, who the continuing feature
•f dealing* on the stock exchange. The
movement of ralues wos distinctly toward
movement that made Itself felt In the
market In the latter part of Inst week, the
. . .ng that at the end of the
time mrntloiiod *1.■••lines of three points
more from the highest prices made last
Thursday were shown In many 8if the act
ive stocks. Ho large n fall as this lu such
relntlroly narrow market a* evidently
1 revolts naturally Invited nrofit tnklng or
he port of speculators for the 9wOpi
Iso led to some buying of stocks f<-r
sioual opera 11
value. There _ _____
report waa discounted. The expert
•ays the winter wheat Is too far ndranct-<!
now to suffer serious damage. While belug
bullish, wo would bo cantious today and
hold to the tradlnr —
speaking.
ment wl... ______
The susceptibility of the stock market to
os evidenced
Ira trifling position. gra 111' III 111
Ing. but expecting specialty Improve-
where technical position fnvors It.
oversell, as
JCHtl-llllU
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. K. CURRIER. Prssldant. A. B. THORNTON, Vlc9.Pr99ld.nL
H. T. INMAN, Vloa Pratldwil. GEO. R. DONOVAN, Cathlar.
JAMES S. FLOYD, Aas't Caahl.r.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
Private Wlro to Glhort A Clay.
New York, Juno 12.—Marshal!, Spader ft
Co.: "With tin* government grain report
ou record nnd several fnvornblo Items lu
tbe news of tbe week. Including progpects
of cotufortnblc money r»ten, the market
might logically show atcndlimaa with good
leadership nnd some Incentive to attract
wider public support. We do not nntldpata
this, however, to develop to ony great px-JBBB* . .
teat, and expect a contlnuanre of only the rise bf habitual operators. All the
mull n ■ 11\I f \ nt limy urine ficm pr<»f»*i K"hhI|» of tin- il;iv Inuring "|«’ii 'If in. ill.it
‘ itlons tn specialties." * renters upon tM government's monthly
Co.: "Information this cron report, which. It was known,
clock In the nfti
to accept It at foreland when this appeared the buy!
doubt that the- crop ‘stocks Inrreasoi], n« It almost Invariably
. Jones I does on such occasions, hasetl. In tbe first
' place, upon the theory that a definite
announcement of expected bud news means
the end of Its unfavorable effect market-
wise; and second, upon a reaction In senti
ment regarding the character of tho m as
ltaolf."-3nherf A Clay.
THE LIVE 8T0CK MARKET.
n- Private Leascl ^Vlre.
* ** '—Receipts today
ftmvAttgj
LOOO; llsht 88680
mlrad IS60C(9 7!H:1'raT7 I8.47448.7ti
... . .. - tea $8497; good
prime steers $t.:?>?»*.&: poor to Pfdluni $ltA
i.15; stockers and feeders $2.75«N.70.
•keep—Kstlmsfed lftOnfi. Market strong;
gKssapfeg*
NEW YORK COFFEE MARKET.
Til* folfowlos tstjk si... ib* op.Dfa,
and clo.ln* qtjulfltlnii. r-*r rotten toe futur.
drilT.r/ tod*/ lo t\»w YofL •
OP.B.
i£t n
(1.704.W
By Private Leased Wire.
Chtcsso, June 12.—There were ad-
vnnees In all tho a ruin market ..n
’chanite—2-»<f5-«c for wheat, ll-2«.
1 6-lc for corn, and l-401*3c for oal*.
Corn was the leader In slr.-nath and
activity. All the cereals suffered «. .me
late on proflt-tsklnn by Ioiik*. New
wheat was sold here to arrive by July
to. U brnucht July prices, it wss
S rown In Illinois, and was purche*
y Armour ft Co,
Primary receipts: Wheat, 271.000
bushels and corn M3,non buohel*,
a gainst 298,000 and 9,010,400, ir.iw-
lively, n year ago.
Clearances were 33.8M barrels (lour,
nnd no wheat, 179 bushels corn and
1,600 bushels oats.
Cash transactions at Chicago: Wheat
16,000 bushels, corn 35,000 bushels,
oats 226,000 bushels.
At the seaboard, two loads wheat,
Qve loads corn and 160,000 bushel*
oat*.
The world’s available supply of wheat
decreased 6,300,000 bushels, corn In
creased 367,000 bushel* and oats de
creased 411,000 bushels for the week.
CHICAGO GRAIN MARKET.
. WHEAT—
a : Si
Open. High. Low. Close.
July. . Bljfc 61H 6144 , H«;
fe : 8* .1 8 5 .1
OATS-
Ril I l.l
sates-
17.00
July. .. 1.00
Bept. . 9.07V4
Oct. .. #.06
HIDES—
July. . 9.46 9.47}
H«-pt. . 9.3714 9.17}
Oct. .. 9.17(5 9.17
HP IS
8:8
9.00
« 1®* Sii
l 9.1
2% 9.12V4 9.9
Cash Wheat-No. 2 red, 97QB8; No. 2, red.
94CrM; No. 2 hard winter. IJM; N«». 3 hard
winter, 7ft$83; No. 1 norjljirrn spring UOM;
I !*» apriog,
northern spring.
CHICAGO CAR L0T8.
Wheat
Corn .9
Onte ..
Ilogs ..
Todnv. Tomorrow.
LIVERPOOL GRAIN MARKET.
_ iy,
st rat on tbo character of ahsorptlc
ion
along Irregular lines."
HUBBARD BROS & CO., MERCHANTS
Atlanta Offices, 219-221 Century Building.
Members New York Cotton Exchange. New Or
leans Cotton Exchange, Liverpool Cotton Aaao*
elation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence invited.
Phones 454, Long Distance 39. A.S. Hustace. Mgr.
quality fair; left over .
estimated for tomorrow
Billed ** | ■ |
nmgb •-
^HMterelpts 3.wo.
_ r; Craves %“
belters $2.43416;
NORTHWEST CARS.
Following tnhlc gives tlio nurthwost «nrs
of grain todAf, Lint neek nud biat r<«r.
I.iiHt l.n st
Today. Week. Year.
Minneapolis
i Miluth
Chicago ...
PRIMARY MOVEMENT.
Tho following figures give the primary
movement of gralu:
. Wheat—Receipts today 271,<W> boohela.
last week 764.000 bushels, ngnlnst t28.0n0
tmahela Ust year. Hhlmaeats tr«1ny 375.000
l , iislicls, Inat Wink 373.001 liiihlinlM, nKiiliist
163,000 tnishels last year.
Corn—ltd .-Ipts t««Iny S13.000 bushels, Inat
week 1.999,000 bnibel*, ngr.ln«t 10,000 bush-
i-is last year. Shipment* today htinh-
•la, last week 198,000 bushels, against 27J.«sU
* ushels last year. 1
Oats—Receipts fo.!ay 09.900 bushels, ship
ments today 429,000 bushels.
Northwestern Weathar.
Illinois-Continued fnlr and cool tonight
nnd tomorrow, except threatening southern
portion.
.Mlnsourl and Iowa—Fair and continued
cool tonlrbt ami tomorrow.
Wisconsin-Fair nnd ««>ntlound cool to-
tilebt Ml I tori,*.new fn-si In marshes.
Mlnneaors. Dakotas, Nst
January.. *• ••
SS3Z7::::::
:,t;.v :: ::
Ansnst
Kaptamlmr.. ..
Ofusar
November
De-ember.. .. .,
(lo.e.1 .trady.
Th.
.... common probl.m, yours, mine,
•very one's,
to—not to faney what were fnlr In
life
Provided It could be—buL finding tint
Whet mey be, then find how lo make
It fair
Dp to our means; n very different
thing.
% —Browning.
Robert Birreu prowslnf. Mister and sob
nf the f.mon. father of lb. ns* name,
li.i, liran dwts prMwnt of tile llroivnlns
raitlenient In lemdon. Wbre bo wee l*>ni
**. L HU. hull"!- _ .
eosr. r. mooojt, vu.-fm.
MADDOX - RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS
$200,000.00
$300,000.00
ACCOUNTS INVITED.
Wc Fell the widely known and cxtenalvely used Circular
Notes nnd IiCttere of Credit of Thos. Cook «fc Son. >
In Our Savings Department wc allow Interest stlhc Rale of 3 1*2 per cent
Compounded Sem!*Annutl!y.
And Man Who Buys Cannon Cracksr*.
From Tho Baltimore Hun.
Against the perennial bont-mrkcr let
us array the ifmmplon fool-klllor.
SOUTHERN EXCHANGE
f i Meet !> .1'.'.railed I.ITI.'* Mouth.
COTTOI—STOCKS BONOS Mill
Ground Floor Gould Building. Dsllr
mnrket letter r.n.l mnrket manual
mulled nn appllcntton.
nprebettslbl. be*
L J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Cornspondest's Capital $250,000
scrcscNce. the neal rank
PHONE I SIT. PSUOCNTIAL BLOG
Ntw Orlitnt.
ware: a leland
“ “ i, PROVISIONS, ST
COTTON; GRAIN, PROVISIONS, STOCKS, BONDS,
Nt. 2 Will St., PtfVI Sdt/dtsf. All tats. Ca.
MfMSfffS.
gm York Ctlftt lachanft. Ch'tsgt Btati tt Trtdt.
Atm 0f/«*.i Cotton tatktagt. Chicago Stock f
Llttftool Cotton Auocistloi
rrlatfo Wirtt to Ntw York. Ntw Orltan. Chi
Boll Photo 1242.
No* fork Cottoo In
B C. C01 MB AN. Vaoaoor
Staodard rho*
PIEDMONT BROKERAGE CO.,
(Incorporated.) Basement Floor Piedmont Hotel.
STOCKS, BONDI. GRAIN, PSOVISION*. INVIBTMfWTI,
Fast Wlrs Sarvic* from Nsw York, Naw Orleans, Chicago.
cossesposocNi a
H j, SAGC A CO. 42 BSOAOWAV, NCW VOfIK.
rDW. NOTH. Blaoagtr. I teal aid l tag Diotamo Botl Photo 1391.
mm