The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 22, 1906, Image 11

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    • N Mr. Lit
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE J£g
years’ experience •
pfh In Atlnuts And j
nth hat mud# htm n ree- J
authority In hl» specialty. •
NEWS AND GOSSIP
0( the Fleecy Staple.
Prf-ata Wire to GItart & CIny.
. —Liverpool 12 30 ,
7 *«“*«.—urorpnol 17 no n m
id 4Mglier. ei P < ’ ct,- 'l to be -Tani
JHW YORK DID NOT MAKE
FULL RESPONSE.
uui Ao,,lD> Shn -
"port, of rain
drought aectlona of Tetaa.
Opened at a Slight Decline and
Fluctuated Narrowly
• All Day.
.J h0 K m *. r ! I ' t '* hrld iteaUy by buying of
July by Urerpool to cloaa atrnj.llea
New Orlean*. June ^.-Liverpool 5 u,.
JMrmoiiHi an.I 3 to 4 on new crop la a
full rPUD'UlRP. An nrireneo nf ak .... «a _ _, _ .
# gpot la Liverpool advanced 7 points to-
lay to 6.12d on sales of 10.000 bales.
futures opened S to S points up, which
vsi better All nround than expected.
Ksir York should hero opened at some 2
pilots sdrsnce on this showing, but In-
itesil the session started 3 to 6 points low-
Ir the decline being attributed to reported
the decline being attributed to reported
C j Texas nnd sunshine In rhe At*
at!.- ststeu—conditions ninklng for Ideal
crowing weather for cotton.
*A continuation of this condition will In-
mre « fslr yield of the world's most lm-
Mrtaot product alone produced by thf
farmers 1h '* f * onth an, > by nil peo
ple of the world, the demand and con*
sumption of which Increases each year, un
til now condltlona that would benefit the
crop does not result In paulcky markets, —
las been the case in past seasons. * ■
Much stress hns been laid on the Texns
droncht. s condition always considered ad
verse; for the same reason too much moist*
■re in the Atlantic states waa freely com
■sated on, yot a reversal of theso con
dlfons was .without perceptible effect on
spenlng prices. This, with active trading
SfbV w!ither°bureau gives specs! rainfall
a ll'ini UN IUIIUH*. IJiniau, 4.011*1*
■as. .10; Pallas, trace; Ft. worth, 2.M;
g&fihT .76: Lamps*. JO;-Longview, .08;
la, .22; Nacogdoches, 1.18; Palestine,
Bast
i’arls,' .84; Sherman,' .26; ’Taylor, .01;
V , . Wnxahnchl**. ,'N; I .*mi.I»*. truce.
8P0T COTTON MARKET.
New York—flit _ w ......
New Orleans—Essir, 10
Liverpool—Kesy, 6.1M.
Augnsta-Stesoy, lH4c.
Ha vansh—Quiet. 10*4c.
8t. Lnuls*^Quiet, 11c.
Norfolk—Steady, lOfcc.
RANGE IN NEW YORK COTTON.
M Lasl Previous
«w. Sale. Close. Close.
MMiMM 10.87*40
1044 1041*94 104
10.34 10.0*34 10.*
10.18 10.16-81 10.41
10.4S-4S
.1041 10-84 10.81 10.34*86 10.»-40
10.0,10.84 lf.tt _____
10.86 10.86 1041 104MI 10.41*4
0.47*4
10.47-47 104141
r«D •• .... ..... Mill ••••• 4V.H “ < iV.BiW
Meh ..10.61 10.66 1048 10.66 104446 10.6840
Closed steady.
RANGE IN NEW ORLEANS COTTON
The following Is the range In cotton
futures In New Orleans today;
Open. High. I,ow. Sale. Close. Close.
..... ..... 10.74 10.81
.,10.17 10.V1 10.82 10.86 10.86*86# 10.91*92
10.62 10.47 10.47 10.48-60 10.53-64
10.45 10.48 10.44-46 15.47-80
vet. ..**«• iv.- 10.27 10 82 10.31*82 1*36 37
Not 10.83-35 ia87*39
bee „10.» 10.» 10.31 10.86 10.3546 15.89-40
Jan. ..10.48 10.41 10.42 10.42 10.41-42 10.46*47
fab .. .... ..... 10.584)
if ‘
u-h "1o.ii islet islis islis
dread doll tat ntredy.
LIVERPOOL COTTON MARKET.
Liverpool, Juno 21—12:15 p. in.—DC ran nd
Spnt MlM of lO.OUO bftlM nt
r- -».-«»-*i w* i points should not be c
looked as a remarkably strong feature.
The western and eastern forecasts are all
for fair weather today and Friday. *
Oar advices from the eastern belt lndl*
cate a slight deterioration owing to a little
much moisture and the prevalence of
Weld says In reference to yesterday'6
ilnirSfftiM* at opening oii continue*!
liquidation nf July. Do sot think It over
y®t* HWBnfsi la afternoon on buying on
continued itr.iiir-hf In -Totno •• * *
continued drought in Texas.'
Map shows excellent rains In western
rc-ntrn Tex,,. Fort Worth rereivtng jo*.
.nUMUM .OS tad Toy lor .01. But of tta
Ml.alnlpnl hnrdlT nny rain b„ fallpn, nnd
the nrentber la clear nnd warm.
The market hold! remarkably ateady. de-
,plto th. fact that Central Texan baa had
I nln »- I-J—rpaoTreblaa
are all bullish owing to the excellent foreign
look. like old bnlla are telling July and
bnylng new cropa.
PrlTtt. Wirt to Ware it f/eland.
New York. June 31.—The Commercial
saya: -There baa been n mnnlfe.t lmll,po«|.
tlon to pay any attention to th. Taxa. alt-
nation ao far. biit eery day th. mark.t la
reallxlng Hint Texaa la needing rain very
badly, and ihnt the atory that it la only
the nan-cotton producing section that ia
Buffering from drought will not do to hand
around nny longer.
The Itranaed warehouse slock here de
creed 1.326 bale., touching 130,(73 bnles.
or 1I.300 bales Ira. than on June i. Tha
rertlnrated slock decreased l.VS bales, and
cables: “Market nerrona, fear,
ecllne In New York, bat f/lrer-
i he benrlah, with snots 23 over
New Orleans. June a.—Hoary rains are
shown In East Texas. Otherwise the
weather map Is dry. Relief lias undoubted
ly l*een glr.n to aome, but not all of tha
drought area. .
Future, an qolet, and their undertone li
easy on reports of rain In Texaa, especially
In thoie aectlona front which the hot win']
telegrams came yesterday. Those who ore
to sell out. Spots quiet at nuotatl
sales of about 200 bales.
The 27th. Is notice day on July. It Is ml*
tost Impossible to trade In It now.
urc. Lota of grass; labor scarce.
Ealnlng at Haslebarst, Hiss.
Liverpool cables? "The feeling hero la
bullish on summer months. The chances
are In favor of market Improving unless
rains hare sot In."
GIBERT A CLAY’8
DAILY COTTON LETTER
Receipts, LOW; American, 5)0.
Futures opened steady.
m*£m ar ©
Uly 5.814.83 6.80 5.78
T •“
JUr-Augast
Any.-dept.
Rest.-Out
Oct.-Nov.
5ot. Pec.
Dec. Jan.
Jid. Fsb.
71-6.79.
8.75
5.W
6.684.64 4.64
Jill lil? BiM
“ ti is
6.604.61
(l i.Li
TODAY’S PORT RECEIPT8.
The following tablo shows receipts nt the
ports today, compared with the same dsy
Ust j-ear;
Mobib- ... -J.
HAraimnh ,
SSSSbrjL v;.
Norfolk
Hoatoif ... ,,, ... ..
Philadelphia '
To-
Pensacola 8.
E
I
1883
6744
2277
INTERIOR MOVEMENT.
v ESTIMATED RECEIPTS.
New Orleans expect, '■» to 1.000 b«l«d.
*«aln,t 7413 tales actual la«t |„r. OaWaw
Ion expects 1.000 to 14M tale,, sgalnt
MM bole, actual last yrsr. lion
pm, uB to woo —
•ctusl last year.
COTTON SEED OIL MARKET.
. New Tark, June 21.—The market for cot
ton wed oil was notice nnd weak, and
■lea in the early call amounted to 1,300
barrels. There waa farther liquidation of
long OH. with an ab«cnce of aupiiort. It Is
'je*Sp a, the door among traders waa that
on. offering no support, :,iel
to be Home eililenc* of ham-
1 ring far the purpose of staking out lose
"II. SSow -T..|. iI.Mv.Tl,-. were com pstn*
tlvely steady. 'Price, at the dose were um
■»dtoItc»r
'•t-nngtd
Opening.
7une i OK
7sir ...' MWBmi
b-itember .; ...3(
t-toher ... ...34 fin's 13*.U34
Noremhse ,3|t,e31S. 21 0314
.21 011 >1 J)*.5ll4
steady.
INiv Orleans, Jane 23.—'The feeling Ini
Liverpool, nr. ordlug to some cables, stilt
1'i‘iuaImn bullUh. but with mop* cNporinl
reference to the summer inonthA, nnd whenl
o.iinbl.TAtloti is tnkrn *.f the lnrg<* m»1iiiu«*
of huslnes done In spot cotton from day!
to day. It appears ns though the foreign
sentiment Is well grounded. Today's sales
amounted to 10,000 bales at an advance of 7
polqjs, while options recorded a gnln of
odp point on near positions nnd one polut
less on the distant months. Tho continued
but spnsnindlc* liquidation of July alone
prevents the market from lapsing Into an[
almost complete state of stagnntTon. Tha
trade Is attentive, but with little concern
recording the outgrowth of this position
nnd with It finally closed, a better specula
Htc basis with regard to new crop monthi
will in all probability have foen estab
lished. Halos have at Inst fallen in Texas,
nnd while they have not occurred in those
SHARP ADVANCES
SCORED AT START
STOCKS OPENED WITH SEN
TIMENT VERY BULLISH.
A Flood of Stock for Sale Later
andJPrices Sagged
Sharply.
By rrivate Leased Wire.
New York, June 2L—The development of
an unfavorable nature In the steel trade,
hlch did not become publicly known until
nfter business had* closed last night, ab*
yesterday** lucideuts had caused. __
don the whole market was encouraged by
tti4* r4*duction of th** Hank <>f Knglnnd rut**
ments were higher on this news, American
stocks Jn particular going tin H point to 1
polut. Hut lu spite «»f this lend, the open-
«»U here was extremely Irregulnr and the
pressuro on all classes of the steel Issues
nt once became apparent. The Southern
Iron stocks, which were particularly coo
rented with tho dissolution of the Southern
Furnace Men’s Association, broke rntber
sharply. Hut tlw li.-u\y ►••Illng <’f '
murulug converged upon I'nlted
Hteel snares, which l»roke frsctloi
low tho low points of last week.*
It was urged as a reason for selling
tftatee
these stocks that, while the rupture in
the foundry Iron market wna n matter of
small consequence In Itself, it might tw the
more general and
more formidable reaction later on. Wbati
waa equally disturbing to the stock: mil*
La, IvniiM/u 41ts ilsiilliiss In 1 * n I * Sil <tn ta,s
ket, besides the dacUuas In United States
Steels, was tho weakness In Pennsylvania,
whbh yielded with surprising •■ns**
moderate telling movement.
lief that other of tho Pentyl van
lary companies will toko similar action,
the small demand for tho slinrea of the
preseut stock was uaturnlly disconcerting.
DROUGHT IN TEXAS
THE DOMINANT FACTOR
New York, June 21.—The New York Ban
_jys: The advance lu cotton wos due to
continued drouth In Texas—maximum tei
continued drouth In Texas—maximum tem
perature of 100 to M2 degrees—unexpectedly
strong Liverpool cables, with larjpt s^»ot
sales there, reports of boll weevil
ly, August, October an*]
leading spot Interests and
miscellaneous covertn
ton estimate was
good deal of
es, tho I Ions*
many felt that
after the recent decline. lit the eastern
section of tha belt It Is clearing up. and
that Is the kind of weather wanted there.
Tho attention of most people is riveted on
the situation in Texas. Koto is neodod all
over that state, hut especially In the south
ern part. But for the uncertainty about
July there would douhtles ho more atten*
In Texns. Mr. Price Is stippoL
sold several thousand bales to Foil Hlver
at 18 points on July. This rumor waa In
circulation avnrywhere In the afternoon.
Boom shorts covered on the Texas drouth.
Hatns In Georgia were resumed.—Glbert A
Clay.
friended th** staple nnd nf th** <-f y* -
ItenSay'i cotton- market the talent passed
up the usual formality of airing Its vlawa
York bought the new crop persistently
enough, high temperatures and reported hot
winds over Texas giving impetus fb the
supporting movement. Meanwhile, in the
face of aueourafiiig cables, ovarcsmfldaoi
Now Orleans scalpers sold the July option
RANGE OF NEW YORK STOCK MARKET
Amalgamated Copper
Atlantic Coast Line
4 mart cap Bugnr Iteflnlng...,
Anaeonda L ___
American Locomotive
do preferred.
Anicrlcrtn Smelting Heflnlng..
1o preferred
Atchison
do preferred
___Jtlmort and Ohio....
Brooklyn Rapid Transit
Canadian Pacific
Chicago nnd Northwestern ,,,
Chesapeake nud Ohio
Colorado Fuel nnd Iron
Central Laatber.
lirai litatner
do preferred
Ch/c«gr# and iirent Wetton *
Chicago, Milwaukee and SL Paul
Delaware and Hudson
Distiller's SecurlttaaT.,
Illinois central
American lee Hecurltles
Louisville nnd Nashville
Mexican Central
Missouri Paetde
New York. Ontario and Western
v ntlonnl Lead
Northern Pacific..
[ow York Central
Norfolk and Wastern
Pen nay Iran la
People's Gaa
Pressed Bteel Car
do. preferred.....
Pacific Mall...,.
JtepublTc Steel
Mock Island...,
«!■*.
ithern Railway
do. preferred
Hina* Sheffield
mnassee Coal and Iron
xas and Pacific
nlon Pacific
Jnlted States Steel
do. preferred
Virginia *'urollna Chemical
do. preferred
Western Union
Wabash
do. preferred...
Wisconsin Central
do. preferred
NOTES ON GRAIN
Pointers on Provisions.
Private Wire to Ware & Leland.
rtonm early bidding for wheat, but they
don't want it
No special demand for wheat ao far, and
the market is nttle Siift. If get cliauce to
buy around b3c would take ou some.
there Is a little demand
ami iij Nunrr |Mnvn. tniuf iu
rib* only fair: July pork ateady: September
and January lower. No particular feature.
^Chicago Inter-Ocean* Cash business In
wheat In Chicago yetterday was 152,WW
bushels, including 40,000 No. 2 red. said to
TIPSJTiASHED
From Wall Street
»ort* of a reduction tt.i- nmrnlug In the
nk of England rate, following the plac-
r of llnltliuore nnd Ohio on a higher dlvl-
i ancceeded tha sue*
There ia bullish ulk on Union Pacific,
t. Paul, Pennsylvania, Baltimore and
Ohlq^ Norfolk ana Western, Chesapeake
and Ohio, a nd Copper, hut hardly think any
dividend Is likely on (Southern Pacific for
•ome time ahead.
but ou good a • I Yl. .. -...—.... _... „
on all the active stocks, and
Irregular market, h
proved the general financial
ware congress out of tho way we believe
tho mnrk.-t would *iuI• 1;!\ |iN.*ir
from the trading rut Into which It has
fallen, despite the unsettled Russian news,
ket has widened the field of discussion, but
hns probably not deepened conviction*. This
policy on the part of the Interests In eon
trol of toe Pennsylvania group of Increas
ing dividends, at a time when large borrow
ings aru being contemplatod, should bo
columns this morning contain reports of
dlsturbancu In the Iron trndo and sales In
Birmingham under prevailing nriecs. This
relates to foundry Iron, as markets are bare
of Bcucmcr.
Pacific yesterday was of ilie bent ilia
er, nnd 1 expect to see It sell 10 polm
htgt.,
Uptown Sentlmont: The very favorable
hnve nevertbeles been <
IBS CRUKUt -.or, than Debt precipitation,
r. nclrj, hower.r. »n,r ,,i"h a pro-
^ ' '• * high t
longM dry iprll to offMt th, high trapara-
Jurv, that ,xt,n<l atl am th, gmt ,tat«.
Oar adfirea from th. lnt,rlor conr.y tha
lni|irc,Htnn that crop prospect, on th,
whole continue good, ami that thq plant It
morally In nn cxcllcnt Mata of eoltlra
gene
lion. In um. localities, however. In tbo
Atlantic atattfl, sonic alight deterioration
la otaorvcfl owing to a Uttle too much
raotatnr, and to tho pretateaco of grata
In the acid,.
WARE A LELAND'8
DAILY COTTON LETTER
Now York. June 21.—Ilcporl, of a few
•faowera In Texaa surlcd a decline In tho
cotton markot this morning, tat in, under
there woo very Hill, cotton ror aaie arter
prior, had slipped off a few pot a la. Weak-
nest la th* stock markot tat to man or loss
liquidation In July, and this option loot pm
of th, advance (cored yesterday,
rainfall la Ton, was comparatively
InViTof.alack aid U of an Inch rcpcc
lively. Elecwkrre the map waa dear aad
predfctlooa for fomotrow obowod no change
,th«, aad while the hoary "lao uarly la
the ooaooa led to good nr.dcrgrooad cob-
dltlona It. la not unfair to asy that tha
Texas sltaatton la growing serious, na re
acted by the wntker bureau on Turjdgy.
a,,, good. m»U V T*.
HUBBARD BROS.’ COTTON LETTER
Now York. June tt-The liquidation of
he July holding, coatlusoa. Aowlag the
Sfth^“I™?** t*'
vine, la that delivery, aad It,L drellao ta«
■ ffcctrd the new reopo. tbonrt the latter
have wrakrnM also under tb, opparent
been rumored In various localities and tbe
'Sided general rain U thought sow not far
£ff. ltuatnees I* OMderate. bough a much
greater lta~oltloa to reU Is ,£«wn. At-
taama crop report, are very flee, with
OS KTS*
«TOS.»S
f.,r fnil restoration of wsgts.
GIBERT & CLAY
iTdCNa mono*.
i ■. ALAtaMA »r. ggy^agsaais
ones. Home of tbam bought hark ths % cod<
— -.-J*?*
tractsi nt n loss of nrarly 81,s bale, rirarly.
tho simple llf« Is tho real thing for t
■mall fry now. Tbo public is out of th*
gamp nnd tbs big fellows ara entirely too
rMsurcsful to lssvs say crumbs for the
. sen brought Into sports! prominence Is
the sustaining forrp of ih*« rllff dwsllsra*
memory as opposed to the hslf-hesrtsd bops
of tho old-tuBt bur, Crop-scsra Is ovorl
due. and aome enterprtrtag longs trtod tol
develop one on tho hot "winds of Toxss'1
taken wholly serious. —Wars
ATLANTA MARKETS.
Limes 78 to SL
Bananas, straight*- per hunch $1.50 to
81.75. Gulls, per bunch, |1 to $1.25.
. 8trawborrles, Georgia stock. 24-qnart
crates. $1.60 to $2; Tennetses $1 to $L60
per crate. ’
Wntermolons, $15.00 to $20.00 per 100; do-
POuCtKV AND epONTBY PRODOCF—
Ur. hen, K to 37Hc: Mob 224 to 74c:
Kt^p l 5dd?.^to «Sl?. d ’ Kk *' Prt ' n **
Drmrd heua. per lb., lie to Uc; dreared
turkeya, per Ih, 13c U 14c; very doll.
EsstrfTujrw’ifc «4c : •«.
"fioSTA'V &; I. 14b. rack. 1.
PO 7 1 '7Sck N0 '»M
^Reeta, cabbage cratco, por crate 32.23 to
K ’ la toes, per crato, 32 to 32.C0.
as, grm, per crate, 31 to 31.23; wax
M 8qusvii. yellow, 31 to 31.23; white TSc
to 31; mart,t oreratneked
development, elilrh occurred, taken Id eon-
■ -,* “ ■' B,
Summary of yesterday stock markot by
Dow, Jones fe Co.:
Aiucricnn stocks In London firm, % to H
sbovo pndty.
Kentucky railroad commission makes _
sweeping cut on rates chargsd by Iroulsvlllo
and Nashville and#1111001* Central.
STOCK 8ALE8.
11 a. m.. .
12 noon..
1 p. m.. .
2 t». ni.. .
Total.. .
219,M shares
4.'4/"M Nlnr**B
616,000 aba res
U4.IOO shares
1,044,700 shares
v 61 _
future. Tin* decline in tin* i.unk rat** It
particularly sijinlflcnnt. being not only
PMHHHPmw tMvy IM*
tlons In Europe.^ but clcsrlv indicating that
tho managsrs of that Institution are
wise disturbed over ths Russian situation.
Prlvats Wire to Wars ft Lslnnd.
Now York, .fun** .1 London firm itf ‘4 to
H up on foreign, and home operators buy
ing. duo to tho Bank of England rodnclng
its rats to SH.
Largs i
United f
ket was n lUtis Batter than fool
tho opening, with a steady demand for
r ts at on sdvonrs of 7 points. However,
ro seems to bo strong opnoultlon In Now
York to any advance at tUs time. There
wos every Incentlrs for s strong opening
_ raathy conditions In snath
ern Tasns, but, Instend, h**nvj Nulling
start**! iu at tbe opening end the market
waa under pressure nil the morning. It Is
tras (here was some buying on the recss*
brokers scemod to hare lots of July for
sale and tho market was unable f» ad
vance. Th# moch'toutsd Mli appear to
are said . _ .
months, claiming that developments
soon Indlrate that cotton Is cheap nt pres
ent prices. But they seem to bs willing to
rapt on this assertion sad nro doing t**rv
little. In/the meantime weather reports
nnd crop sows ore being watrhsd cloasly,
and any little ebanso in conditions will bt
aptly reflected oy prices.
CucuraKrif par crste. 60 to 71c, market
wall storked.
Fetches, per crate. $JJS tO$M
Old Irish potatoes, per basbel, $1.23 to
$1.8$.
Mweet potatoes, per trashd, $1 to $L*.
Kplaacb $1 }>#r bosbol.
Cherries, 24-qnart crate, 32.W to ft
Cnntnloupen, pc- crate, 37 to 37.40.
ItUektarHre fi t. 34c quart.
Dewtarrteu *) to lr*- qaart.
FLOUR, GRAIN, PROVISIONS.
rLOCR.—nuMto Elegant 14.*; plamond
. ,wh.«.
JUaa.-CSOKV rwi COO Ift, IV
14c; No. t yellow TSe: mixed 72c.
OATH.—4’boles- white clipped •!*; choice
mixed 48c.
nilRMfi;
ATLANTA. OA.
TB# SDore prir**« arv s- •- n. «n
*•*• - • • •
o ROC ER I ES-
M'GAR—standard muulatfd «c. N.W
York HvOacd 44 to <4; plantation, 4 to 4S".
i*OFFnE*-Eul,t-t ArUuekla’a 3l*J»;
hoik, ta tag, — barrels, 17V; green 17 w
|De. Starlet weak.
It ICC.—C, retina 44 t- 74*. according to
grad.. Mark.t very ntroog.
HAVE YOU ANY MONEY AHEAD?
I« It InYested where It la perfsctly itfs?
Ia It available now It FORTUNE ahould knock at
your dooft
Prepare youraelf to tako advantage ot opportunity
by Inventing your ttavlngB In this bank, where they
will earn tH per cent COMPOUND INTEREST, bo per
fectly aafo and avallablo practically on demand.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
Ata 0. Candler, President.
W. H. Patteraon. Vlc-Pr.aid.nt, A. P. Colas, Cashier.
John 8. Owana, Vice-President. Wm. D. Owens, Aaat. Cashier.
is. Ind
ho at »c. In store; 6d,0U) No. 3 hard nt 2Uc
* “ north-
under July la ,toru. end 4D.OM No. I i
ilao 12,000 mixed lots.
Jh9 provision pit figures that. Hwlft has
slfjhs pork sod may squrase ths July
deMver
thsm on Beptembcr shies. This will idvei
him two months In which to dlsposo of tha
un# 2!.—NVhest cables show
poor response to our advance yesterday and
early weather reports are favorable. This
may create a little selling tendency St the
opening, hut we art having a broad trade
and the I Hill possibilities on weather can
put prices s good deal higher than excess
taken 2,000,000 to S,000,«
E iMau-.re remiiii grit III Iin/ r
•Is of v 6oc for Heptemher.
Tho Cincinnati Price Current says:
ter wheat harvest Ittglnnlng with li
tlons of^good quality nnd yields
good
MMPfiVPWdtnel
packing 604,000, against I
■Wheat opened t little firmer with corn
strength, and on limited offerings. Trade
IMl and only little demand to hold
prices on ths opening. Weather uortb#eat
southwest clear and fsvorsb
for new crop wheat '
STOCKS REVIEWED
BY NEW YORK SUN
York, Jans 2L—The San says:
New
Htartlng la with considerable advances
all nround, prices yielded at tbe end of tbe
first hour, not so much on account of the
presence of stocks as a suipenslon of de*
nd, whether It came from pare bases,
shorts to cover or from a legitimate
ir
trlhutod tho murk•—I strength
trading opened. Perhaps LflHMHV
factor In the whole day's btiBluess was ths
Perhaps the dominating
.. VJ . — — .e day's biislne— «*—
llaltlmoro nnd Ohio <IlTi«leo*l qi
early In the session it It
Ml
rnlin lil
luDcMnHNpmmviMiiPiRi
of the common stock would be Increased
from 6 to 6 per rent. Another favorable
matter was the Inaagumtlon of dividend
[payments on the common stocks of the
Mife/. bnt this
■millRPMPiia that It ss-
erted llttlo Infiuenco on the price of the
Istock'Itself, although It was naturally not.
entirely without effect at the general sent I-
pent Bjmtberu Pselfle mSde about the
llargent advance of nny active stock on tnlkj
of ths ns«r approach of dividend action
REALIZING SALES
CAUSED DECLINE
WHEAT GIVEN SUPPORT AT
EARLY LOW POINT.
Slump Was Quickly Recovered
and Forced Above the
Previous Close.
Ily Private Leased Wire.
Chicago, June 21.—Closing price*
showed considerable Irregularity along
the entire grain lino, 1-4 up to 1»90$*41
off for wheat, 1-8 01 *4 off for corn and
1-80S-8 off for oats.
Late in the day there wore messages
from different parts of Oklahoma
claiming that wheat Is threshing out
only 6 to 10 bushels por acre in soma
sections and 10 to 12 In others, in
which much more Is expected. The
•"l ' Hi'li hu.I th.it t*Mtlf<iry reports
an average of Id bushels per acre.
There was heavy buying on these re
ports and prices advanced later. This
was mot by good selling. In the
Northwest conditions were reported ss
ideal, th# Market Record e.tlmnttnff
tha crop of tho three stare, at 22,393,-
000 buahala In oxceas of last jrear'a
final ffovarnment report Woodbury, of
Mlnnmpolla, wired that tho mills
Minneapolis, wired tost tno mills up
there are still cloalnk down owing to a
lark of demand for Hour.
Argentlno shlpmenta ware catlmatad
by Broomhfill ut 1,600.000 bushel, of
wheat anil 2,300,000 hut-hrls corn, com
pared with 2.316.000 and 2.136,000, ro-
»p«ctlvcly, a year ago.
t'oare. grain, ct»,cd rather alow and
to |\ l‘ loll* dull
Cakti ,ntoa here wore 30.000 wheat,
103.000 corn nnd 14,000 oata.
Primary recent a: \vhent, 211,000, and
corn, 623,000,' compared with 27.1,000
and 609,000, respectively, a year ago.
Clearances for tho dny wore 141,000
wheat, 167 corn nnd 1,000 oata.-
CHICAQO GRAIN MARKET.
Tha Chicago grain market ninB.il a. fol
low ■ today;
Previous
■ Open. High. Low. Cloaa. <.ln»*.
WIIEAT—
ily. . 344 134
Kept. . 331a 94% - B(.
Dtal - • 944 *4 M4
k34
jSr 6 ™-
111
Dee. .. IliJ
.•*. M
D#e. ..
OATS—
62
5l T i
504
PORK—
July. .17,10
*lept. .11.70
LARD-
394;
Hept.
"et, ii B.rv
M1DBH-
S:2
1.90
$.70
8.82M
8.»
8.70
s *i74
8.874
E .: ii ir
0.17
8.974
Wheat
Corn ..
Oats ..
Hogs ..
LIVERPOOL GRAIN MARKET.
Wheat opened S higher: 1^» p m. »* to
higher; eluaed 4 to *i higher.
* higher: 1 p.m. 4 t*i
4 to H higher.
igi
■corn opened
higher; eiosed
'referred stork might ...
•I holders nf the common, whlln It was
•ISO rapovtad that staipments of earnings,
delayed on account of the destruction of
records In the Han 'rrsnsfsro lire, would
make n good Impression when published In
thi> iipnr fniiipn *■ i:it.i r• - —
the near future/'-4Jlhert a Clay.
NEW YORK COFFEE MARKET.
Tbo following tsjire gives the opening
nnd eloslng quotatldhs for roffoe f»»r future
delivery today In New York:
Opening,
tBSl::::::::::
Juno
July
August.. .. .. M ,
September
October..
Norembsr.. .. ,,
Dersmhsr.. .. .. ,
Closed steady.
PRIMARY MOVEMENT.
The following figures give tbe primary
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER. PraaldanL A. E. THORNTON, Vlca-Pr«aldanL
H. T. INMAN, Vlgi-PrMldant. OEO. R. DONOVAN, Caahlar.
JAMES 8. FLOYD, Ait’t Caahlar.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
ICMhCMi
N-* Tort Rtort *xyh.ata[N*wOrl*.a.CottoB Ex-haareirhlreitaBoard^Jrad-^^
York C C&re llctaSr si: Or'™*’. nSTrd of TreS. U.l.S^n Cot.-.a F.„ ta„* ;
Private Wires to all Exchange*. „ H ''P r
Local and Lang Diatanoa Talophona 8BS. W. R. FAOAN, Managor. pvvsd TV
IIEKm-Pancy foil cress*, fists 14c;
twine 18%r; kVia 4r. Market strong.
PROVISIONS —giitireme turns, 144c. Cal-
I for ills hams 104**. D rj salt extra ribs 8.76.
bellies lbs. 10A0. fat litrks W. pUUS
lsnl 10. fccow Drift com*
WM. L PEEL President.
ROBT. F. MADDOX. Vice-Pree
MADD0X-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS .
ACCOUNTS IMVITEO
$200,000.00
$500,000.00
We fnvite accounts of individuals, corporations, barik«
nnd bankcre and offer the best terms consistent with
conservative banking.
In our Havings Department we allow Intsrsst at the Rats of Z 1-2 per
cent, c’L>mpojindsd 8eml-Annually.
j flgui _ ....
■ Ilf '.r ll'-il I Mild ■ ■
Wheat receipts tods/, WM I.ushels,
against 2&l.«w bushels fast year: shipment■
today. $M.(n) huibsls* against lliooo bushels
last yssr.
rsrn reeeipts today. 633,000 bushels against
Onp.000 hushels last year: shipments today.
■6.000 huahete, against fn.^u bushels lost
yssr.
• NORTHWE8T CARS.
Following table gl\re the nqrtirw
of grain tudsy, last week and last
Todsy. Week. Year.
SOUTHERN EXCHANGE
Oldest Established Office South.
CO non—STOCKS MMDS—Mill
Ground Floor shiuld Ilulldlng. Dally
market letter and market manual
mailed on application.
L J. ANDERSON ft CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Cormpoidnt's Capital - $250,000
•SSCrKMEMCK. TM* NBAL SPANK
PHONE f 4«T. eSUOCNTIAL I
HUBBARD BROS & CO.,
COTTON
Atlanta Office., 219-721 Century Building.
Member. New York Cotton Exchange, New Or-
lean- Cotton Exchange, Liverpool Cotton Aaao-
rlation, Chicago llo.nl of Trade. Nt-w York Cof
fee Exchange, New York Produca Exchange.
Du»ine,a aoliclted for the above exchangea.
Direct wire aervlce. Correspondence Invited.
Phones 334, Long Distance 39. A.S. Hustaca, Mgr
coTTON^Gfum, 'pro^is^&nsStocksPbonds,
*«. 2 Wtll SPtftra fBi/dlef, AHaafa. Ca
Ntm Orlt$nt Caftan lithtif«
iftrraoaf Caffaa Aiaa<<*noa
hlvaft Wlttt fa Saw fid, Ntm Otlttnt, Chitaqo.
Ckltaqa Baard af Trada.
Ckittqa Stotk (idatti
Nam Tat‘ “ *
ifatk I
'ark Caffaa Ci<Sa**a.
f. C COT Mi A* Maaaai
Standard Tkaaa 23ft
PIEDMONT BROKERAGE CO.,
(Inosrporstsd.) Bsssmsnt Floor Plsdmsnt Hstsl,
STOCKS. SONOS, CRAIN. PSOVISfONS, NVCSTMCNTS.
Fsst Wlrs Sorvics from Nsw York, Naw Orlosns, Chicago.
COSSESPONOCNTS
H. «|. SAGE A CO- 42 SSOAOWAY, NEW VOSH
tow. NOTH. Maaatar. La<al aad Laag Pittance Ball Tkaaa 1SB1.
■.-SS . la.