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'
t THE ATLANTA GEORGIAN.
JOSEPH B. LIVELY
( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE^
\fr. Lively’* :
IItInc uni
South ha
offalzed autho
NEW YORK DID NOT MAKE
FULL RESPONSE.
Opened at a Slight Decline and
Fluctuated Narrowly
All Day.
gpot In Liverpool advanced 7 point! to-
to t ied on ulei of 10,000 bale..
Future! opened 3 to 6 point! up, wblch
mi better all around than expected.
*,«• York ihonld hare opened at aome
Points advance on thla ahowlnj, l>ut In
■lead the aeaalon atarted 3 to S polnta low
er the decline being attributed to reported
raim In Teiaa and aunahlne In the At-
liatlc atatea—condition! making for Ideal
irowma weather for cotton.
* >. continuation of- thla condition w|ll In
mre a fair yield of the world'! moat Im-
oortant product alone produced by tho
farmer* of the South and uaed by all peo-
alra of the world, the demand and con
sumption of which Increaaea each year, nn
ill now condition! that wonld benefit the
crop doea not reault In panicky market!, aa
baa been the caae In pact Maaona. ,
Much atreaa hna been laid on the Texaa
drought. a condition alwaya conaldered ad
ere In the AtlanUc atatea waa
merited on. yet a reveraal of throe con-
dlrona waa wlthont perceptible effect on
eiienlnx price*. Thla, with active trading
In the early trading. .....
The weather bureau give* apecal rainfall
In Texna aa followa: Blanco. .10: Coral
ana. .10: Lallan, trace; Ft. Worth. 101
Greenville. .76; I.arupee. .30: Longview. .01;
Merle. .32; Sacogdoehea, 1.18; Paleatlne,
06- I’arla, .24; Sherman. .26; Taylor, ,r
Waco, .06; Waxahachle, ,08; Temple, trace.
SPOT COTTON MARKET.
Ailntitn-Stendy, 10 13-Ule.
.Iverpool—Kaar, 6.12d.
.Ingnatn—Steady, lllic.
Sovannlt—(Jillet, 1044c.
H. I.nula—Qrrlet, lie.
Norfolk-Steady, 1014c.
RANGE IN NEW YORK COTTON.
The following la the range In cotton
futurca In New York today:
Lent Previous
open. High. low. Sale. Clone. Clone.
.10,34 " '
Jump
10.84 10.84 10.81-84 10.87-40
Opt.
Nor
. .10.57 10.80 10.84 10.lt 10.1849 10.41-42
10.44 10.46 10.39 10.43 10.4844 10. „„
Jan. ..10.46 10.49 10.43 10.48 10.47-41 10.61-62
Fob 10.47-47 10.61-62
Mrh ..10.66 10.65 10.68 10.66 10.6446 10.5840
Ch'spd ateodjr.
RANGE IN NEW ORLEANS COTTON
*T1ip following
June
Previous
Clots. Clos
- 3f.gr c 10.81
July ..10.87 10.91 10.82 10.88 10.86-88 10.91-..
Aug ..10.49 10.63 10.47 10.47 10.4840 10.6844
- p. ..10.46 10.48 10.46 10.48 10.44-46 10.4740
I. ..10.82 10.33 10.27 10.82 10.81-82 10.9647
NO V 1U.SMB
In*c ..10.86 10.88 10.81 10.86 10.8646 10.89-40
Jan. ..10.42 10.42 10.42 10.42 10.41-42 10.46-47
■*",6840
Meb "lass iass iass iolss iait-io
Closed dull but steady.
LIVERPOOL COTTON MARKET.
Liverpool, June 21.—12:15 p. ns.—Demand
for spot cotton Is fair, with prices steady.
Middling uplands, (U2d. Bales, 10,000; Atner
lean. 9,400. 8j>eculatlou ai ‘ ‘
Previous
.... maTm ar ar
.... 6.81-6.88 5.10 6.784.71
..... 6J04.81 6.78 6.774.71
.... 6.76 5.704.71 6.70
.... 6.68 6.684.64 6.64
i.62 6.68 6.69
Jan. Ftb.
IVb.Mnreh
Clowd easy.
6.82
6.88
9.64
6.67
iSLi
IS
TODAY'S PORT RECEIPTS.
The fnilnwlng table ehewe receipt, at the
port. today, compared with the ante day
laat yenr:
1906
IMG 10
Nrw Orleans *
UalvPHton ... ... ... ..
Mobil.* ...
UflVnilllSh a ..‘a .*
I'bnrleatoB ...
Wilmington
Norfolk
Boston ... ... ... ...
I’luio.ifiphla
I rt Townsend
r^nascolt
$
nS
1
646
1642 O
10M In
4S7 w
=23 f!
106 A
1832 Is
«7 m
76 In
•744
2277
Total
4313
17116 W
INTERIOR MOVEMENT.
1909
1906 w
In
Houston ... . ... ... .,
784
19
202S tb
n
Mrmphls
216
293 n
702
1 in.'tunntl ... .
109
4, 2!
Total
1887
8814 IK
—. at
„ ESTIMATED RECEIPTS.
New Orleane expect. 700 to 1.000 bate.,
•errtn.t .'.lit bale, actnal laat year. Gelvee-
ten eipecta 1,000 to 1,600 bale., agalnat
Imlea actual laat year. Honeton ex-
J-'x 1.300 to 1.600 bale., agalnat 1.303 bale,
•ftun Hat year.
COTTON SEED OIL MARKET.
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Glbert 4 Clay.
.New York. Juno ll.-Ltrerpool i* : so p.m..
3 h“gher b rh ' r ' " "P**® »• be i and
llalned laat night at Waco. Austin, Sher
man and Greenville, Tex.
Market la weak on report* of rain In
drought (action, of Text*
The market la held ateady by buying of
July bjr Liverpool to cloaa atraddlea.
New Orleane, June 21,-Llverpool ».up on
near month! and 3 to 4 on new rrnn
full rMlMlnui An mat* ...... n# a n
full response. An sdrance of about 3'points
Spot sales of 10.000 baUi
an advance of 7 # poluts should not be or
looked as a remarkably atfoof feature.
The western and eastern forecasts are-alt
for fair weather today and Friday.
Our advice* from the eastern belt Indi
cate a alight deterioration owing to a little
grass UUC ^ ® n <l th® prevalence of
Weld says In reference to yesterday’i
fnarket: "Declined at opening on continues
liquidation of July. Ini not think It over
yet. llecovered In afternoon oo buying on
continued drought In Texaa." ' *
Map ahowa excellent ralna In waatarn
central Texaa. Fort Worth receiving 3.04.
Paleatlne .0, and Taylor .01. (hist of the
lllialaalppl hardly any rain baa fallen, and
the weather la clear and warm..
are all bulllah owlag to the <
New York, June 21.—The Commercial
aaya: "There hae been n manlfeet ladlapoel
nation eo far,
J r -very uey iuv inaraex
Ixlng that Texaa la needing rain v*
badly, and that the at
the non-cotton product
•offering from drought
around any longer.
at Texaa la needing rain vary
that the atory that It la only
Ion producing . aectlon that la
>m drought will uot do to band
The llcenaed warehouae stock hare __
ereaaed 1,628 bale*, touching 130,*73 balea,
or 13.600 bale* laaa than on Juno 1. The
certlfiratad stock decreaaetl 1,826 bales, and
Is 123,6<v3 bales, or 6,700 leva than on June
-the highest of the month.
Liverpool cables: “Market nervous, fear
ing fresh decline In New York, but Liver-
utnrea and crop account! unnvorabla.
Soma Bailing developed on raporta of rain
Naw Orleana, June a.'—Heavy ralna are
ahown In Eaat Taxta. Otherwlaa the
weather map la dry. Belief has undoubted-
It been given to aome, but not all of the
* So** sections from which th* hot wind
telegrams enmo yesterday. Those who are
long of late position* nrmma*harotaaataroM
nre rather Incltneil
sales of shout ;
moat Impossible to trad
Raining at Hailcburst. Miss.
The feeling hers „
summer months. The chances
are In favor of market Improving unless
ralna have set In."
GIBERT & CLAY’8
DAILY COTTON LETTER
New Orleana. June 21.—The feeling In
Liverpool, according to soma cables, atm
ramama bullish, bat with mare especial
reference to the summer months, and when
of huslnea done In spot cotton from day
Dtlinmt
amounted
: appears aa though the foreign
Is well grounded.. Today's safes
amounted to 10,000 balea at an sdrance of 7
points, while options recorded a gain of
one point on near pualtloas and oba point
tit spasmodic llqul —
ala the market from lapsing Into an
t complete state of stagnation. The
la attentive, bnt with Tittle concern
regarding the onigrowth of thle position
and with It finally closed, a batter specula
tive basis with regard to naw crop months
will la all probability have baan aatab-
llahed. Ralna have at laat fallen In Texaa.
and while they have not occurred In tboae
dlatricta moat affaetad by the drought, they
have narerthalaa been effective In Teaaenlng
the nneaelneae which the hot, dry weather
are needed, however.
aome localities, however, In the
prevalence of grass
DAILY COTTON LETTER
New York, June Sl.-Ileporta of a few
portent, the he*'
was eoaaparatlvafy
vleat being a little
months, and while the neavy rains cany in
thr season ted to good underground con
ditions, It la not unfair to toy that the
Texas situation Is growing serious, ns re-
N-*r York, June a.—The market for cot-
»nn woG oji wa s active and week. and
in the early call amounted to LS09
barrels. There was farther liquidation of
ln "x oil. with an abac ora of support. It Is
■r«0|, on the floor among traders was mat
"i- loading Interest was disposed to ar* the
!«rk»t lower, waa nffrriag no sapport. and
'h>re appeared to be some evidence of ham-
ring tot the porpaaa of shaking out long
lew crop deliveries wave com para
•Italy steady. 'Prices at the rloae were as-
-~ ‘
r banged to~Ve higher.—'War* VLetand.
Jaro .._,. TUfa »
1*t . r... •;;; - ™ —
fc-pt^mbor ... ... ...
... ...84
Nnv^mbtf .SI*' - -
r 81
< l«o©d steady.
I*, as re
ported by the weather biBreau on Tuesday
Until »«>d. soaking rain* roma In Texas
the cotton market ft not Uktiy to go down.
HUBBARD BROS.' COTTON LETTER
SHARP ADVANCES
SCORED AT START
STOCKS OPENED WITH SEN
TIMENT VERY BULLISH.
A Flood of Stock for Sale Later
and Prices Sagged
Sharply.
y Private Le«|©d, Wire.
New York, June 21.—The development of
n unfavorable nature In the steel trade,
which did not become publicly known until
after business had closed last night, ab-
Chicago and Great Western
Chicago, Milwaukee and 8t. Paul
K Dlatlller , a Securities
!!
General Klee trie
Illinois Central ..
American Ice Securities...?...
yesterday's Incidents h*L __ _ ..
don the whole market was encouraged by
the reductlou of the Jtank of Kngland rate
was by
serve poiHMHMBHPH
Intents were higher on thla news, American
stocks In particular going un point to 1
point. But In spite of this lead, the open
ing here waa extremely Irregular and the
pressure on all classes of the steel Issues
at once became apparent. The Southern
Iron stocks, which were particularly cou-i
corned with the dissolution of the Southern I
Men's Association, broke rather
Furnace
sharply.
States
low the low points of last week.
It was urged as s reason for selling
these stocks that, while the rupture lu
the foundry iron market was a matter of
oraall consequence In Itsolf, It might he the
euterlng wedge for a mora general nnd
more formidable reaction Inter on. What
waa equally disturbing to the stock mar
ket, besides the declines In United States
Steels, was ths weakness In Pennsylvania,
wblch yielded with surprising sase to a
moderate selling movement.
In view of the Increase In the Baltimore
ami Ohio dividend and the widespread be
lief that other of tho Peuutylvnnla subsid
iary companies will take similar action,
the small demand for the shares of the
present stock was naturally dlsconcsrtlng.
DROUGHT IN TEXAS
.THE DOMINANT FACTOR
RANGE OF NEW YORK STOCK MARKET
Amalgamated Copper............
Atlantic Coast Line
American Sugar Refining
Anaconda
American Locomotive
M do preferred.
uu 1'rrirrrru n,„„. > ••••••••••
American Smelting Refining
do preferred
Atchison
do preferred
American Cotton OH
Baltimore and Ohio
Brooklyn Rapid Transit
Canadian Pacific
Chicago and Northwestern........
Chesapeake and Ohio....
Colorado Fuel and Iron
Central T
Ainrricsu ice necumies.,,,,•*••••••«••
Isoulsvlile nnd Nashville......
Mexican Central
Missouri Pacific
New York, Ontario and Western
noriarra ncinc,.
New York Central
Norfolk and Western
Pennsylvania
m cuumj it mint
People's Gas
Pressed Steel Car
do. preferred
Pacific Mall
a isiana
do. preferred
United States Rubber
do. preferred
Southern Pacific
Southern Railway
‘ >. preferred
Sloss-Sheffleld
Tennessee Coal end Iron
Texes sud Pacific
Union Pacific
United States Steel
do. preferred
nasn .....e..,..,
da preferred.......
Wisconsin Central
do. preferred...
TIPS FLASHED
From Wall Street
continued drouth In Texas—maximum tem
perature of 100 to 102 degrees—unexpectedly
sales there, reports of boll weevil
six counties ln_ Texas, purchases of
%
August, October
December by
„ and many felt that
_ reaction was due ou general principles
after the recent decline. In ths eastern
section of the belt It Is clearing up. and
that la the kind of weather wanted there.
The attentlou of most people Is riveted on
the •situation In Texas. Rain la needed all
over that atate, but especially In tbs south
ern pert. But for the uncertainty about
July there would doubtlea t>e more atten
tion paid than there Is to the dry weather
In Texas. Mr. Price la supposed to have
sold several thousand bales to Fall River
at 18 points on July. This rumor was In
rlriMilntlnn ••ver.vwlnTe in flu- nf'-r-
loom shorts covered on the Texas drouth.
Rains In Georgia were rosumed.—Glbert t
Clay.
w Orleans. Jnn# 81.—The Tlmes-Demo-
.... says: Both field and fnctory b*.
friended,the staple and at the close of yea-
on tha probability of a further decline. New
York* 1 ‘ —
enough,
supporting movement. Meanwhile, In the
l ace of enrqpraglng cables, orsrconfldent
Naw Orleans acaTpeff sold the Juijr
down nearly 60c a lisle to bed-rock
the simple Ilfs Is the rati thing for th..
•null try now. Til. psblle I. out nf tbe
same anil the bill fellow, sro entirely to*
mournful to Inv. any crumbs for the
pikers. A price fsetor which of Iste bss
ths sost*lnlnf fores of tbe
memory ss opposed to the belt-hearted hope
of the old-urn. hear. Crop.were Is over-
tbs om-Uum Mar. ttropmrsr. la ever-
, asd some enterprl.ini Innys tried to
develop one oo th. hot “wind, of T,u."
t.l.(ram. ye.trrdny, bnt they were not
taken wholly roriou..—War. 4 I-eland.
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
Officially corrected by Atlanta Fruit and
Umons.,*.*,
!2.») to I3J3, market at present
61.76. Cull^ per bnneb, 61 to 61.36.
Watermelons, 616.00 to 630.00 per Iff); de-
Live bens 'k^o 37Hc: fries EB* to 26e:
broilers 16 to 23Me. Mrs ducks. Fekln 30
to 36c; pnddlt 26 to 27U*.
- 1b.. 12c to 13c; d '
COUNTRY PRODUCB.—
Dressed hens, per Ih .'ltc to 13c; dressed
turkeys, per lb., Ur to 14c; very dulL
Kbs, per dosen, 17H to lie.
Ilultsr, table, per ib.. 30 to 22Hc; cook-
to Uc
lb.; In 1-llx, neks 10
stock
VlO
.Joney-
®VROETAIII.KB.-1rlpotsloe*.
' "llcets. cabbsfe crates, per cnt. 62.26 to
‘Tomatoes, per cnt., 62 to 62.60.
I|cab«. trreeo, per crate, SI to tl.M; wax
M
rkst
overstocked
Okra, per crate, 61-60
Cscnmbers. per erats, 60 to 16c, market
well stocked.
us
■sweet potatoes, per bn
Spinscn It per liu.bel.
A.psrssoe fa* to IMe
per bushel, 31 to 31.26,
bunrh.
New York. Jone 21.-Tbe liquidation of
the^Jnlj^boldlnjfs continues., sbowln* tbs
vance Is tr
ban been plane.! upon an sd-
it delivery, and Its Secllse bss
affected tbe new crops, tbouxh the tatter
have weakened also under the apparant
nrorness of Texas rains. 3bower, bars
hron rammed In various lor,Hues and the
needed feneral roll Is thoofiht now not far
Blm. say *tk.t**tZs mnnrtscrorero _ he*a
tor fall restoration of wife*.
GIBERT & CLAY
C. ALABAMA AT.
STOCKS. BOND*.
COTTON. OKAIN,
COFFEE. PROVISION*
ATLANTA. 04
e»» Ye
MEMBER.
-'ork Stock Exrksnxe ISew Orleans Cetb
Crk Cotton Exchsnse. N»w Oriesns St,
ork Coffe* Eirbsnae Vew Orleans Board
iThn'e wires f , all r.I.e»
Local and Lang Di.ianc. Tal.phon* 529*.
•ton Exchanf».|Chle«so Board of Trade.
o>k Exrhaei*.iLiv*rpo©l Cettan * Boons nen
2rd of Tr»le.|Ualve.ton Cettoe F.xrbicja.
crate, fe lo
Vi t* :24c quart,
ewb^rrtrs M tn 12H«- nesrt.
FLOUR. GRAIN. PROVISIONS.
FIjOUB.—Pool ale Elegant 8186; Diamond
g-ff'5S2«*
Wm.'ffShSSa 3 white
^’ATA-Jcdro*white"rilpped^ile; choice
white Me; choice mlsed 4»c.
MEAL.—Plain water xr.mnd. n«r lmeh.1,
73c; Imlted 14) lh. Jatee. per huWI. 33c.
I<AY.-Timothy, choice tarn balro. JLM:
do., choice einall hele. 31.14; do.. No. 1
timothy hnlro. I1J6: do.. No. 2 8): do- No. t
clover mixed 61.06; do- No. 3 closed mixed
R. FAGAN, Manager.
Tho’abwe prim*irof.nb. Atlanta, and
-** “ "■’-grooeOT*'’-
WrSKBSUd Arimekl.'. 31AM;
bulk. In liege or berrale, U%e; green U to
I (’ mil ns ’ 44 to 7%c, according to
•rad#. Market very strong
CHERUB.—Feiwy/full cream, late 14c;
- -- -- Market strong.
me heme, UMrr. Cel-
irtUee 894 lbe. lAy., fs *biAV Ju. ylstU
8.67. Sopremv lard 13. Vnow Drift com
pound TH-
Private Wire to Glbert & Clay.
Jng _ r .
Improvement seems likely In the stock iusr-
■ft
isr, ...
meats of the last twenty-four hours.
report of a reduction this morning In the
Bank of Knglsnd rate, following tno plac
ing of Baltimore and Ohio on a hither divi
dend basts, which actlou succeeded tbe suc
cess of the Pennsylvania loan, rertalnly Im
proved the general financial situation nnd
were congress out of th© way we believe
the market would quickly elevate Itself
from the trading rut Into which It has
fallen, despite the unsettled Russian news,
which haa not yet, however, become a fee*
tor In our stock niarkot. Conservative bull
ish operations should giro reasonable re
turns.
i nion i nrinc.
. _ . ^Baltimore end
Ohio, Norfolk and Western, Chesapeake
and Ohio, end Copper, but hardly thluk any
dividend la likely on Hoatbern Pacific for
some time ahem
Aggi esalve buying may drive In ehorte,
but
hse probably not deepened convictions,
policy on the part of the Interest! In ...
trot of tbe Pennsylvania Kroon «»r lurmi*
Ing dividends, at s time when forgo borrow
togs a*- ‘ ‘‘ *
lags are being cootomplnted, elmuld be
* conaldered by Investors. The uewr
Birmingham under prevailing prlcee. This
relate* to foundry Iron, *■ markets oro barn
of Beeeeiner.
Hallburton says: The buying of Southern
Pacific yesterday was of the best charac-
ter. and 1 expect to eee It sell 10 points
that there will be a further np
elation in security prices In tbe Immei
‘ din *“ —
future. The decline In the bank rate Is
wise disturbed over the Russian situation.
may now be eliminated
■s on adverse factor In our markets.
Private Wire to Were, k Lelsnd.
New York. June 2t—Lqadoa firm it to
H np on foreign, end home opera tore buy
ing, due to tbe Bank of England reducing
Ite rate to 8&
Uni
irge abort Internet eald to exlet In tbe
ted States Steels, bnt the dissolution
Summary of yesterday stock market bj
Dow, Jones & Co,:
Amerlceti stocks In London firm, % to Ik
above parity.
NOTES ON GRAIN
Pointer, on Provision,.
don't w.nt It
No .peel.I demand (or whe.t eo (sr. end
lb. market ta little eoft.. Ft rot cbnn\'e to
buy around Me would tab. on aouie.,
A lot of whe.t over st *SKc, sod now
there I. s little demsod tt tut.
bv Ions, end hr am.llrr pnrkera. Trade In
rib. otily (sir; July |iork slendy; HeptcuiUer
nnd Jsnury lower. No lurtlculsr (nture.
Ilrsso l)iter-OoNu: ('sell business In
bushels. IncludliiK 4U.0MI No. 2 red,
be st tie lu store; <3,000 No. } herd
st 3«c
were slso 12,000 mixed ill.
r ^He provision pit fl<ures thst Bwift bss
^■ths pork sud msr squsesn the July
shorts, s. the price Jumped 60e yeeterdijr.
Armour baa tho July rib. Iiouxht ■ M' I
Keptemlu-r rib*
•lira aiNU. tin win n i|(m-
sir on the July aud eort out all tb. besvy
rib* not sultslile for his trade end deliver
them on Iteptemher sales. Tills will sir.
him two months In wblch to dlspost of tb*
_ . ... ._ best rtjtlr* show
poor response to our advene, yeat.ntay .nd
e.riy weather rsporls are fnroralile. This
‘ tie j
itis.v erente u lift
openliif, but we are
sud tbs hnll posslbllltlss on wsstber can
put price* t good dael hlfher than excess
of supplies ovsr present demand ran d*-’
pros* them. I'ommlsslnn bouses roust bars
isken^3,000,000 to 3,000,000 of wheat on bssls
(lorn offerings bars fallen with tbe
decline In price. It don not look ss If
fsrmere would sell to any eitent below s
basis of 60o for Heptemlier.
The Cincinnati I'rtc. Current says: Win.
ter wheet herveel heglanlnc with Indira-
lions of good quality amt yields Justifying
ex|>erta!!nn,. Advices mm-crulng osla con
firm story of shortage In crop. Corn Irregu
lar. Tool weather not propitious, but crop
la making fairly good progress. Clean of
packing 604,000, against I
Wheat opened s little firmer with corn
strength, and nn limited offerings. Trade
light and only little detnnnd neetletj to bidd
favorable for growl
southwest clear and favornkla for harvest
for new rrop wheat lietter than last year.
STOCKS REVIEWED
BY NEW YORK SUN
Kentucky railroad commission makes .
stv©pping cut on rate* chnrgad l*y Isoulsvlllw
and Nashville and lUlnols Central.
STOCK 8ALE8.
is noon.. •• •• •• •• .. .... «m,uou snares
1 p. ra.. 116,000 sharce
2 in .v:Um. hhrir.'N
Total 1.041,7uo shares
L. J. ANDERSON A CO,’8
DAILY COTTON LETTER
New York, June 81.—The Liverpool mar
ket wee * little tatter then looked for ht
the opening^wllh_ e^steady demand for
■pots st tn advance of 7 wevsr.
there scents t. Ih> strong opposition In Naw
York to any sdvsncs at this time. There
was every Incentive for s strong opening
do relief of
eni Tex.., but. Instead, heavy
riarted In st th. opening nnd the
was under pressure
true ths*. was some buying on tho races-
brokers seem ed to have lota of July for
sal© nnd th© market was unable to ad-
The much-touted holts appear to
PHHPPilttl win Iff
months, claiming that developments will
toon Indicate that cotton la rh©ap at pres
eut prices. Bat they seem to be willing to
rest on this assertion and ar© doing very
little. In the meantime weather reports
and crop news are being watched closely,
end any little change In conditions will be
promptly reflected by prfr©s.
HAVE YOU ANY MONEY AHEAD?
{■ it Invested where It Is perfectly safe?
r It FORTUNE should knock at
Is It arallablo now
your door?
Prepare yourself to taka advantage of opportunity
by Inventing ynur savings In tl.lw lmnlt, they
will earn *M per cent COMPOUND INTEREST, bo per
fectly safe aod available practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
Asa O. Candlar, Prssidsnt.
W. H. Patterson, Vles-Prssldsnt. A. P. Colas, Csshlsr.
John 8. Owens, Vics-Prastdsnt Wm. D. Owans, Asst. Csshlsr.
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. E. CURRIER. Presldsnt A. E. THORNTON, Vice-President.
H. T. INMAN, Vlco-Prssldsnt. GEO. R. DONOVAN, Csshlsr.
JAMES 8. FLOYD, Ass't Csshl.r.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
WM. L I’nnL. PrroLUat.
BOBT. F. MAIIDOX. Vlro Prro.
T1108. J. PK8PUH. Cashier.
JAB. O. LESTER, Ass't Cashier.
» ,»r.r.nr«—» 9 .
MADD0X-RUCKER BANKING CO.
$200,000.00
$500,000.00
CAPITAL
SURPLUS AND PROFITS ! .
ACCOUNT* INVITED
We invite aecounta of individuals, corporations, banka
■ and bankrra nnd offer the beat terms consistent with
conservative banking.
Baring. Ocpartnwn
rent. Compound«d Semi-Annually.
New t York, Juno 21.—Th© Huu says:
Htertlng In with considerable adrsnres
all enmud, prlrca yielded at !h© ©lid nf the
first hour, not so much on account of tbe
prcecnce of stocke ea a suspension of de
ne from
mid, whether It came
rlis sea,
trlhuteU the marked etrengt .
trading opened, rorlinps th© dominating
factor hi the whole day's business was the
Baltimore and Ohio dividend questhw, aa
eerly In the eesslon It became definitely
known that th© director* wonld meet dur
ing the day to act upon th© matter, while
Tobebly nine people out of teu lu the
conitnuinty l»el|evid that the rat*
itmIi.iIiIv
flnanrlnl . ■
of the common etock would lie Increased
from 5 to I per cent. Another favorable
matter waa the Inauguration of dividend
paymente on the common stocke of tbe
American Isocomotlve Company, hut thle
had been eo generally expected that It ex
erted little Influence on the Jirlr. nf the
itock ll|||4ghtaHhJkmHrotawltawm
entirely
stunk Itsslf. sllbaiigh It was ustiirally n
ty without fff.ct nn lbs ronsrsl sen
ulkcrn I'silfic nmdc nlnmt
of tha ncr a|iprnsrh of illrbtcail action
and roninra that some nsrt of thn Irvc.ury
jircfcrrM stock might lie cold with rights
REALIZING SALES
WHEAT GIVEN SUPPORT AT
EARLY LOW POINT.
Slump Was Quickly Recovered
and Forced Above the
Previous Close.
By Private Leased Wire. •
Chicago, June 21—Closing price*
showed con.ld.rabla Irregularity along
th. entire grain line,'1-4 up to l-8<8>l-4
off for wheat, 1-801.4 oft for com and
l.SOl-l off for oats.
Late In tha day thara ware mesenges
from dlff.rant part, of Oklahoma
claiming that wheat la threshing mu
only < to 10 bu.hcla par ncr* In aomn
■action, and 10 to 12 In Others, In
which much mor* Is expected. Tho
"101" ranch and that territory reports
an average of 16 bushels per acre.
There was heavy buying on these re
ports and prices advanced later. This
was met by good selling. In the
Northwest conditions were reported ns
Ideal, the Market Record estimating
ths crop of the three states at 2J.3K.-
000 bushel* In exets* of last |ssn
final government report. Woodbury, of
Minneapolis, wired that tho mills np
there are still closing down owing to a
lack of demand for flour.
Argentine shipments were estimated
by Iiroomhall at 1.600,000 bushels of
wheat and 3,100,000 bushels corn, com
pared with 2,316,000 nnd 3,136,000, re
spectively, a year ago.
Coarse gralne closed rather slow nnd
provisions dull.
Cash sales here were 30,000 wheat,
108,000 corn and 14,000 oats.
Primary recsjjts; Whoat, 211,000, and
corn, <33,000, compared with 361,000
nnd 609,000, respectively, a yenr ogn.
Clearances for the day were 161,000
wheat, 167 corn nnd 1,000 oats.
CHICAGO CRAIN MARKET.
Thr Chicago grain market ranged ax
Iowa today:
Open. High. low. Cloac.
Sul 1 1
CORN-
July. . I
Kept. . I
OATS- *
Sul 1 8.
tt
FORK—
July. .17.60
loot. .11.70
LARD-
Juty. . 6.
°ft oat"
July; . 9.26
,75 8.76 8.70 1.70 8.77^
:B !;8 I S* IM 83*
S:S“
9.0i
0.17
m
Wh©*t .
Coro
Data ...
Hug* ..
33.000
LIVERPOOL GRAIN MARKET.
Wb©at o|*©n<»<l % higher; 1:80 p.m. Vi (a
mm t»p**n©fl
l'l»-
higher; cio«©d ft (o *i hlgln-r,
hohlara of tb© romtuoo. wlihv It was
also r©portiH| that otat©m©nta of ©arnlngs,
ilflayr,| oo aevount of th© ilrstrnrtlon nf
rerun 1© In tha Ban Francisco fir©, would
maka a good Impresslou when published in
the naar futtira/'-GIbert * Clay. .
NEW YORK COFFEE MARKET.
and cMai <iuolatlon« for roflTre for future
delivery today lo New York:
Opou|i
January..
i;* 8
.. .. .. J«-
Ortotwr 0.J0
Nor©mb©r.. ,, .. 9,864.
: iSiS
The following figure, give
movement of wheel and corn:
Wheat receipts today, 311,060 hnaheli.
i laat year; ahlpmenta
ng ilu.l lgj.rno liu.hcl.
Corn reedpta twlay, 133,000 Imahcla agalnal
OOt.OOO Imahcli laat year: ahlnpieuta today,
090,000 kuabcla, agalnat bl,0<» bu.hcls laat
year,
NORTHWE8T CARS.
Following table ghra tho tiortuwest r
of grain today. Inst week .up! Inst y©m
least. I.r
Today. Week. Y«
Minneapolis Rll 145 it
Duluth 61 l*
Chicago 7 1
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTON STOCKS BONOS GRAIN
Ground Floor Oould Building. Dally
market latter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capitil $250,000
NCFESCNCC, THE NEAL BANK
PHONE 14IT. ©NUDCNTIAL BLOG
HUBBARD BROS & CO., uSn
Atlanta Offices, 219-221 Century Building.
Members New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation* 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 DIotanceM. A. 5. Hunt nre. .Mgr.
New Orteeus.
WARE A LELAND
COTTON, GRAIN, PROVISIONS, STOCKS, BONDS,
Me. 2 W»U St., Fiteri^Buiidiag. All$$ia. 6s.
ChUsqa Bond ef Trsde.
Ml UBUS.
Mem York Cettoe fulnir.
Hew Orltooi Cotton Inhooqe.
Ihorpool Cellos Atiotlsfioo.
Fmste Wlret to New York, Mew Ortesei.
Melt Fkoot 12*2.
StsodirO hose 234.
PIEDMONT BROKERAGE CO.,
(Incorporated.) Oasamsnt Floor Piedmont Hotel.
*TOCK*. BOND*, GRAIN, PROVISION*. INVESTMENT*.
Feet Wlr# Service from Naw York, New Orleans, Chicago.
CORRESPONDENT*
M. J. SAGE A CO . 42 BROADWAY, NEW YORK.
eMW. NOTH. Maosfer loesloodLooq Dittoote Bell Fhooe 1391.
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