The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 26, 1906, Image 11

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rrrsriAT. Tarn w. ito« HEAVY RAINS PELL IN TEX- AS LAST NIGHT. 4 They Were Beneficial, Though Were Little Effective—Slight Decline Shown. NEWS AND GOSSIP Of the Fleecy Staple. ilroutb In the western cotton belt m< broken yeoterday. All eeetlono of Tcxm bad raina-not ahow- ,ra, hot henry ratna, aa mneb aa t.C Incbea IJhelne re|M>rted at Taylor, Tex. 1 The New York market opened generally weak, more aa a remit of July liquidation than to the mine In Texas. The July op tion Bold off t“ * ™* * but on heary I bark to 10.U, l< OfMlIl. Tb** new crop months opened slightly lower. !»ut food buying strengthened prices an-l following the early decllnejnices forc ed nlxive yesterday’s closing. The Improve ment was short-lived, however, and near the noon hoar declines were shown ts com pared with the previous Hose. After a spurt of activity at tin the market relapsed Into dullness. The government weekly report Uii. but It dkl cover the rains In Texas hut night and today, hence It waa with out Influence. Theodore Price Issued s circular this af ternoon In which he save It Is not Itnprnba- hie thnt his tenders will t>c less than 38.000 hales, owing to the apparent demand for thin cotton. He exnreswel the opinion that the New York stock will not exceed 60,000 hales within thirty days. By Private Leased Wire. New York, June 36.—In the cotton market business'at the opening was * active and the list was weaker, first prices tielng 2 to I points lower. The decline wan due to Xoi*i rains In Texas. An attack was made the necount of Interests In the South who bear pressure from room sources. SPOT«fcOnON MARKET. Athmtn—Quiet, 10»ic. New York—Quiet and steady, 10.80. New Orleans—Kasy, 1016-16. I.lverpool—Htendy, C14d., Augusta—Quiet, llUc. - St. I-ouls—Quiet, lOTic. Private Wire to Glhert A Cloy. v " rk ' :-«.-Llv»rpool «t 12:10 p. *»• **!. * !°w»r on tbta crop and <u on n,x». Expected to be T lower ou thla nml 4 on next crop. Price lunea a circular making tba condl* tlon .4 per cent, agalnat 17.4 iaat month. Haloing all orer aootb Texaa. Nordra bidding 10.10 for 1,000 July, New Orlaaoa, Juna 2,.—Liverpool 5 down on oear ond a down on dl.Unt month, la bottar than duo on tba former and wroroe tban expecte.) on tbe latter poattiona. On oor market It akoold bar, been about ( P^lofa lower on Jaly and 4 lower ou naw Weather forecaat la generally for unaet- tled weather, with ahowera and thunder atorma In toralalana and Arkauaaa nnd auowcra today and tomorrow In aoutbeaat Tt a*a. Boutbwaat Taxaa fair and warmar and lulanco of dlatrlct partly to Increaalng cloudlneta. ...Waco, Tex., wlrea through night meaaage Good rain tbla aecttou tbla afternoon; varj benedclal. PRICE OF STOCKS OPENED HIGHER MARKET WEAK GREATER PART OF FIRST HOUR. uons is nroien. m some peris or Texas, notably tba Southern, the precipitation la W7, »«•»*. 4.13 lachea baring fallen at Taylor. The weather la cloudy and tem perature, ara lower. Print, Wire to War# k Leland. New York. Juno 34.-Cotton opened , with continued liquidation of July, a neaa eapeclally noticed In July. Now crop alao wrak on baariah weather map. The only buylug la from abort,, which la not enough to auataln price,. Market acta heavy and think It a aala on any advance. mar*/ 1 ”*, *■ ktrengtbenlng the Sctalll bidding 10.13 for *,000 July. A little rally here, dae to local abort cov ering and. a little buying by rommlealon houaee. Mecma to bo lot of July for aato, which la tenderad to check further ad ranca. RANGE IN NEW 0RLEAN8 COTTON The following la the rang. In cotton futures In New Orlaana today: Last Prevlooa Open. High. Low. Sale. Cloae. Cloac. June * 10.60 10.61 July .10.66 10.07 10.63 10.60 10.M47 10.044 Auc. .10.46 10.60 10.44 10.60 10.4940 10.4447 Sc|»t 10.1346 It.UK " • 10.10 10.23 10.10 10.23 10.21-33 10.31-22 I ISti ■■■ l,„ _ .. lO.S-S Mrh. .10.43 10.43 10.43 10.43 10.44-46 16.44-46 Closed steady. RANGE IN NEW YORK COTTON. The following Is the range In cotton futures lu New York today:' least Previous Open. High. Low. Bale. Close. Close. June 10.12-14 10.10-13 July. .10.08 10.14 10.01 10.14 10.13-14 10.11-12 Aug. .10.16 10.25 10.16 10.23 10.23-24 10.19-20 Sept .10.20 10.23 10.19 10.23 10.21-23 10.24-26 r 10.2! [*. .10.20 10.26 10.19 10.26 10.21 i. .10.27 10.31 10.26 10.30 10.31 h. .10.42 10.43 10.43 10.43 10.* .10.26 10.27 10.21 .10.10 10J6 10.28 10.32 10.32-33 10.3344 Jnn. .10.35 10.38 10.33 10.17 10.36-37 10.3849 Feb. .10.37 10.37 10.33 10.37 10.3749 10.39-41 Nrh. .10.41 10.43 10.40 10.43 10.42-43 10.4446 Closed steady. ' L, J. ANDERSON d, CO.’S DAILY COTTON LETTER New York, June 26.—There was further liquidation of July at the opening this morning nnd an effort made to break the market below 10c. Hot At 10.03 such resist ance was met that prices quickly rebound- ““ nd July sold 'up to 10.13. The reaction sided by steady cables from tbe Liver pool market. Traders ou that aide arc not Inclined to follow the present decline, irlcss being regarded ah low enough. In racr, Liverpool would look with more favor ipou an advance In the old crop opr hen otherwise. Snot sales on that this morning were 16,000 beles at yeeterday’a prices. There hae been nothtug lu the newe to cause the present decline, and It is looked upon ss purely bear manipulation. The fear of July notice day le han-*— over the market at present nnd until Is out of tbe way we cannot look for de cided support, but prices are now near euougb the 10c mark to look attractive. PIEDMONT BROKERAGE CO.’8 DAILY MARKET LETTER New York. June 28.—Lower quotations from Liverpool this morning nnd small sales there, and our market opening lower nnd under pressure all the morning. As notice day approaches farther weakness develops, and It poems there la still a large outstandi Ing interest In tbe summer months. Notice E ven by n prominent ball operator that he is liquidated his line of July cotton, and reasons given that Insurance rates ore con siderable higher, and the fact that tbs cot ton In Nsw York Is of an. undesirable quan tity. Tbe crop conditions are still perf and the new crop months are showing „ feet* of thin, and are slowly following tbs decline In the summer months. From now on the market will be less under the In fluence of liquidation and Its level will be LIVERPOOL COTTON MARKET. I-I' erpool, June 26.—12:15 p. in.—Spot c ton dull, with prices unchanged. Middling tiplnnds. 6.14. Hales 5,000, American 4.500; speculation and export 600; receipts 10,000, i American 8,400. Futures opened easier. opening Juno Jnn* July July August ..... Aug.-Hep t Hept.-Oct Oct.-Nov Nov.-Dec I*c.-Jsn .Jnn.-Feb Fell -March 1 Closed steady. Prsvlon ^T* ?sr 6.314.12 6.31 6.86 6.77 6.76 6.134.13 5.6S 6.67 . 6.734.74 6.13 6.634.59 6.64 ^ 6.664.63 5.634.64 6.694.60 TODAY’8 PORT RECEIPT8. The following table show* receipts at the L »ri* today, compared with the same day »t year: Orleans I'll vex toil Mobile Xnvannah Charleston Wilmington New York Boston Fhli.-idelghla .... l’ort Townsend* ►•ti Francisco Total S3 INTERIOR MOVEMENT. ESTIMATED RECEIPTS. Ortoana auwla 1M to 1,700 halva, • ««loBt t.aa actual Uat year; (Jalraatoa, - - |uat *,6117 actual Iaat yaav; 700, agaluat *,N actual WARE A. LELAND'S .. DAILY COTTON LETTER „ N-» York. Juno M.-P»llnwlag tka heavy u-loMatloa of yeaterday. there waa a very S**-lr markat duriar the greater part of tti* .-aat.iti today. Thla uraa due to akort "">[111, of both u-ur aad old crop, on tk. 'f-«k. and In apltc of the rainfall In tka •tut. of Texaa. where the prerlpttatloa •o.tontwl to from 1 to J Incbea. thna.reUar- the drouth la a great many porflona of tk" atate. pricaa held vary well and abort, tr-med move anxlona to get Into cotton than Jtt «at More. Operation, wara OO a rather .tt-nrire arale early today, when arlUaf hoary, bat ou the break Imylng atnrtet “fl wood lifted the market hack to Iaat record, ware reached, weak feature, and the Irregularity dla- played throughout the Hal abowa there la aome aupport to variona atoeka. The aentl- meat la nnlvrraally beariak. There waa beery and iiintlimooa preaaure agalnat tbe Hleef abarea. -id tbe effect of tbe dlaeua- alon of tbe ti 1 qaeatloa haa no donbt bad soma inltneiieo ou tbeat aharea, alao tba often tight <tl the Independent ateel eon- nlgbt'a price*. The tone waa nnearUlb. ow ing fo fho approaching notice day on Jnly, lint there waa a general feeling that around 10c the worat had been dlarounttd. With the ralna In Texaa tho crop la placed In a vary good poaltlon and general rrporta are now of a aatUfaetory tailor. I'nder theae elreomatancea It will be rather difficult to bring nltont meek of an ad- ranee In prieee, particularly In thw of tba drellna In the atoek market and tba eaten- •Ire liquidation that hat been going on la July. On nay advance It la mor* than likely that cotton will bo for aala unlea* w* hare another bad turn of weather. New York, /one »-There waa a burnt of liquidation aoon aftar the opening of the atoek market this, morning that carried prieee down In a, tweak. It waa aald to come from pool, I nan react and Individual aoureea. There waa no minport except acala down, and that produced by abort covering. The opinion waa rxpreaonl during the count of the aeaeton that the Mjly way the preaent political altnatlM epnld be recoa- elled waa through a[liquidating market, which aeema to be taking place. Owing to the conflicting nature oflVvarinw, facton. however, we an of tba opinion that the eaf.r policy will be to malaUIn a neutral poeltlon. we would not tell atoeka on weak apota, but npoa rnlltea. In Imylng, th* beateouree wool* be to aejeet dividend nerera returning mere than bt per cent on the amount of capital Inveated. and we would buy them only when weak, after driver. The 'flaanelal alt uat Ion la very un certain at preaent, and the profeaalonal element la erldeatly orgnnlied Into a strong Iimt party. It In aeeeeaary that moderate nrofltaiahonld lie .ought, and that tho atop- order should I- emplored to ent abort naarn i , onaerTatlam will repay thow- who exerrlae It daring the nmt ten daV*. on whichever aide of the market they may me lit to act. COTTON StlD OIL MARKET. New York. Jane 36—The market for cot too seed oil was moderately active and a nttle - steadler, prices shoirin* s jpsln of He on aU/ deliveries early. The DrinHpsI In terest. however, was In Octooef and No vember. In near-by Is stlU a.wnltlnc one. With tb* Jib de livery so cloae at hand there la no dlno- •Itlou to await the sffrets of the deliveries. Absence of sews on the crop sufficient to Influence the cotton mertet appears to be UTSS Jt the elone were unchanged to lie higher. -Ware * Leland. leptember j November December Closed steedj. Prices Slumped on Selling and Bearish Sentiment Became Widespread. By Private Leaped Wire. . New York, June 26—There was no chsnae In tbe essential features of today's market from those of tbe previous days. While operators for the decline were still much In evidence and considerably a factor lu depressing prices, there was a steady out pour of liquidation. Thla soUtna, while not precipitate** nevertbelsse seemsa-to be lim ited in volume only by tbe shinty of the market to take It without a violent break. The general aspect of the deallujts. the aame aa yesterday's, waa that of coustautly snsrlnr quotations all along the line, with resistance to amount to anything In any Ing. Smellers. Coppers nnd the small Industrials, bat the standard shares for tlic most part were equally weak, testifying to a searclty of buying orders from really Ira- B irtnnt sources. In the ease of tbe special- cs with a narrow market, the pools ss s it all were taken oily at , In the stock market the majority of the active railroad stocks showed advances at the opening, extending to H In Southern Pacific. The Copper stocks were, weak, Anacouda and Smelting off lfc and Ami gnmftted H- Delaware nnd Hudson wss jndnt lower nnd Northern Padflc opened qi “ /mring the greater part of the first hour the rnsrket was active and wesk, and ou the selling prices made further declines, following yesterday's slump, and the bear sentiment lieesme widespread. (Jovernments unchanged. Other bonda ac tive and lower. RANGE OF NEW YORK STOCK MARKET JOpen High Uv. Close 11 «. m.. 13 noon .. 1 p. in., STOCK SALE8. 486400 shares ATLANTA MARKETS. IJme. 7* In It. I'eachM, per crate, 11 *o II.M. I-lneapplea 13 to *tW, market at prwent lime well (locked. „ ,io. uuiir. per min Wtnernielons, 110. M uiml »:?^anpcoont B y rgODMca- ducks, Pekin 30 ninnd good. f.TItY hens 25 broilers 15 to > S6c; puddle in to atrsc. Dressed hens, per lb., 12c to 13c; dressed turkeys, per lb.. 16 “ per dosen, 20 to'22Hc; cook- 10c Hm In Mb. racks 10 GIBERT A CLAY STOCKS. BON0 6 6 ALABAMA ST. Xrw York Stock Bi^hinge INew c«v To - *- — sya— .Naw y e ATLANTA* OA, S IS® S » WWWW Led ,od Long D,mn M rri T?.?p55ra!? "• VAOAH» M.p.fl.c on*y—New •Uc. VEGETABLES.—Iriah poUtoefc No. •tocli *4 barren No. 2, atoek |3. Ileeta, cabbage cralea, per crate, II Tomatoea. per crate, 12 to I2.M. Iienna. green, per crate. It to tl.S; wag 60 to 7Sc. ■ Sqnaah, yellow, .66 to 7*a. to |1; maTEet oreratoekril ,SWaRE- jera, per crato, (0 to Tie, market well .locked. ^ - - 8 1,1 Irlah polkloea, per hualiel, 11.20. Id aweet |K)tatoea.J>er bprael, It to IL26; new aweet potato., 11.76 bnuL . _ Cherriea, .Iquart crate, 11.60 .to It.7*. S antalonpea. ne- ernte, a to 12.60. , larklmrriea lo to :3lie oaarl. Dewberrlea 10 to lZVwar quart. FLOUR. GRAIN, PROVISIONS. FLOt'B.—l-oatela Elegant P: 36; Diamond K tent Id; fancy patrnt M.10; half patent 10 to I4.S; fancy !2.»- aprlng wheat patent I6.60(t«. Market atrong. . CORN -Cnolee red cob 7«c; No. 2 whit, 74c; No. 2 yellow Tie; mixed 72c, OATH—Choir, white rllpped, 63c; choice white, toe; choice mixed, Vc; Texaa rant PI MB’al.—Plain water ground, per huah.l, ■>! bolted 140-lb. Jutefc per bubeiroe. Shorts, white, SL40; madlnm, ILX; brown, I LSI; Dure bran. 21.20; mixed' bran, 11.16. llAr—Timothy, choice large ImIm,JL10; _a„ choice amall bale, 11.14; da. No. i timothy I mi lea, 11.06: da, Na 2 11; da, No. 1 clover mixed ll.(C; do.. No. 2 cMMd mixed ^CfJlVEIl.—Choice 90c. Th, ,bore price* are f. o. h. Atlanta, and subject to Immediate nccepiance. GROCERIES. JPWgfW 4m *3ss&& its *'corEEJ3.—Boasted' Arhuckle’a »li.«0; hulk, In lag, or barrel,, !2%c; green I* to 22c. MarketwMk. _ HICE.-C,rollna 4H to 714c, according to ^iTEER^W^fulV^^m dairy, 14c; SS.'fc. ‘sra S.ra j&iW>SS2 (ELtxrmSL Drift compound TH. Ited CroM 7 V STOCKS AND B0ND8. Bid. Asked. Amnmi Aiui-il.nu Loroiaodvs.. <!o prefer ml..., American Smelting Refilling do preferred I...,., Atchison do proferrsd.. American Cotton 041... Baltimore nnd Ohio - Brooklyn BupM Transit Causdlan Parlflc Chicago nnd PfarthwsavUN Chessp«®ake nnd Ohio Colorado Find nnd Iron * ••«, Ceatnt Lenffft-r do prefsrrod Chicago and Urent wsstsrn Chicago, Milwaukee and St. Paul Delaware nnd Hudson Dlstlller'a Securities * ...a....... Kris * do preferred. General Klertrlc Illinois Central,. American Ice Securities...., laotilsvllle and NaabvlUe Mexican Central.,..'..... Mlsoottri Parlflc... New York, Ontario and Weateru National Lead....... Northern Parlflc.. * e ork Central; * k and Waatern... ivanla * People's Gas Pressed Steel Car do. preferred..'. * «... Pacific Mall... Bending Reputdli* Htccl...., ltock Inland* do. preferred..,»**. United Htntes Itubbar. do. preferred.* * * Southern Pacific,. Southern Hallway Slo«* Sheffield .....a..!...’. \ Tennessee Coal and Iron Texaa and I*aclflc... Union Padflc........ United StatN Steel...- d<K prrferrvd..,.,; Vlrglida-Cnmiiiut Chemical do. preferred.. Western Union Wabaah do, preferred.. Wisconsin Central <lo. preferred.'..* i mi HI sa 108 ;§ 7l 163 1 : i . i.v. i :r 142% iiivi NEW YORK COFFEE MARKET. New York, June rt*. 1 —Following are opening nnd closing quotations for coffee for future delivery today lu .New York: Opening. January *i£D.4 .. 676-5S’ <.70%76 February 6.S04.90 6784.H0 March.. 6.90 April.. * 7.00 Xtnj.. .. .. >. J.]L .. 7.00-7.06 June.. .; «* 1 *. J .. July.. Octolier., .. November.. December.. , 6304.40 6404.46 646460 660 7.00-7; i£, 0.354.40 649460 6604.66 660466 TfPS FLASHED From Wall Street Privet. Wlr. to Warn & I,elau,l. *3iCew York, Jiui* 2A—I.nn,lon grnrrnl mar ket UepreUMd, bat Amerlcnua fractionally Foreign exchange haa ,Iodine,1 enough to Profeaalonal. are directing their onera,- kma agalnat Induatylala uml looking fo rulnerabl. atoeka to anil,) but tb. abor Inter. »t la Inrreariag and a aharp rail; I. likely to apptor. look for an unaettled and nrrrou. market accompanied with gau- eral dectlnea.. but ball.r. a boar mormnant will aoon 60 railed la a halt np«t(ally lu tho good atoeka. Thar, la a bear tip In circulation thla lornlng on American Rmcltlng. Tb„ nrlro named la. 140 for the atoek. W. believe vlgomua l*ar i,rea,nre could attain .w,' figure, aa a llttl. liquidation I, ported pending. Nummary yeaterday'a .lock market by Iinw J„nea ic Co.: American atoeka In Lon don dull, mostly a ahad. abor. parity, London Mtt I extent began today. Oanaral London annrkot depreaacd. Railway rat. bill expected to psia m-nato today. atoeka to Mil out i Htoeka of pig Iron era low In PltUhnrg and producer, era asked to antlclpato ablp- t«. ■ *10,000,000 treainry^ dvpoatt. Jn pSM. coffle 'to New mediately.. mfe==ki g* u C. B. of Oeoral. flrat Income.. do. .mood income *0 do. third Incona . Aagnata ’and Havannah..jl (leorgta l-aettc lato. C„ C. and A. tot Ing prlcea were tower than the pcerkeia I."? as o^ing*toV«l Skra ^amehangnl qu£ uttona. Deaalte the breaking of the !K*.hsZr dss M rf^ejSLrSrJ;: WTK that lie genrernment'* weekly weather report wn. To appear today, and ss* that th* review woe Id be Imllah In c&r- arter and hear, the axpraaar l fear on tbe part of tbe abort element. However, tbe expKUtfbn. of tbe trade, filling of ma- Where oaeb a rtUl laflneace aa the weather la concerned. No falling off la demand for Copper to aecoont for decline In price of copper •locks. Twelve Industrial* deeltned J* per cent Private Wlra to Glhert k Ctoy. New York. Jane 2*.-Danlel Odell k Co.: "A moderate rally la likely aay time In tk* atoek market now on tko large abort In- tereete, and In view of tba fact that tb* GOVERNMENT’S WEEKLY REPORT ON WEATHER. Private Wire to Qlbwt A flay. Washington. June 26—Following le ffHwi ma Hi- k"' • rntiii'iif'a iv-okIv Mf^itlif-r n*i»<>rt: Alabama (Uoatgomcryi-riear weather tho week waa cool and latter part was warm, tho temperaturo averaging about nor mal, except in northwestern counties, where M Th- nights Mi-r- t I W-ll ill h t rltmt-'l Mhiw-ih on (lays. Tho rainfall waa bolow tho avorngi* In lb- -itr-iii- -RAt.-iii nml n-rlhw-M-rn coiiiiM-a nml n-ri.ml i lsi-wli-r- Tin* w—k closed ahowery. There wee sufficient aun- wlth hot (lays and - - . _.. - week. The menu tompernturo nveraged from 1 3 above the normal Th- rainfall was ileridedly bolow tho average. Jaoeui shotvera occurred lit most sections on the 19th and 21st. ■ unbroken nml conditions aro very serious In many sections. A general rain la badly needed. Tho temperaturo was above the normal and there was about the usual eun- IshlJM. ■Igitwfppl (Vicksburg)—Msa n tempera ture ivnh above iiormal. Abundant sUn- hillin' ami fresh winds dried tho soil rap idly. Beneficial ahowera occurred In tho extreme aouth ami In a few localities elae- where, but rain Is generally needed. North Carolina dial eight—Tbe forepart of the week was partly cloudy, with numerous thunder storms. There woe less cloudiness iillli f-H-r thunder HtorniH during tb*- btt ter port. Tho precipitation was below nor mal and not well distributed. Tho tempers turn was about normal, hot daya and rela lively cool nlghta prevailing. • »k (h ti * Bimt mill 111*11*4 II Terrlfori lb- m-<-k was clear and dry, with mean teui|>erature slightly lielow tho normal. Scattered thun der storms occurred oo the 23d, 34th and 2Stb. The rainfall waa generally below tbe average In all parts of the section. > -ni. < m.-lln i <i '..liiinhlm T-iiii*-r«f ur-« t lmve 90 degrees r*c4?nrr«-il during tbe latter alf of the week, with widely scattered « inder storms ami generally light rainfall a temperature and sunshine were slightly above normal. Texas (Galveston)—Tbo week was gener ally dry nml .wnrm. Hrnttered local anew* • • - ! thumb r at■ irit■ a wHIt bull iri-d on several days In eastern counties. The ralnfsll wss much below the average, ex cept In a few northern nnd eastern coun ties. Drouth continues siting the coast and In maay portions of interior. In tho coast districts sod In Bio Grande valley there waa either an entire absence of rsln or no measurable amount during tho week. Tennessee <Nnshvllle)-Tho week wss somewhat cooler than usual. Scattered showers occurred, hut they wero generally light nnd portions of tho mlddlo nnd west ern section* are atlII In need of rain. Home damaging local storms were reported.^ NOTES ON GRAIN Pointers on Provisions. .Private Wire to Glbcrt A Clay. Chicago, June 31—Wheat opened active and higher. Cables showing only moderate response to break here yeaterday and the northwest showing bad weather again. Many reports of red rust coming In from that section, and there are predlctlona of bod weather there again tomorrow. Valeqtlue aelllug wheat. There was a lint of about 1.086600 bushels lo . n fx wheat liquidated yesterday during the latter port of tbe aeaebm. Thla un doubtedly places the msrket In a nit ‘ •ersnger position technically. Unless have clearing weather throughout *U_ northwest very soon crop killers will begin to get buoy. CIlMH Record-Hera Id: Bains Ha turd a y and Sunday through the southwest effectu* ally put a stop to sales of wheat mr farmers the southern portion of these states yester day. beta Oklahoma and Texas, and pros pacts of still further delays In marketing, ibut th- movement from farmers' bands had previously begun, however, waa amply| attested by the arriv^mAgMsswa^umJ wheel, soft winter MMMMi yesterday. Marketings of wheat In the northwest have greatly Increased In the last few days. Commission houses aay their drafts against shipments have shouti trebled. Becetntq of oata In.the country nw. receipts of oata are pr< dieted for Duluth In the next fnw days. this morning on tbe Hi I Lots of talk of red rust in the northwest this morning, with heavy rains.| Mil era to buy. Msrket Provisions strong and higher. Covering by shorts In bird nnd riba nnd some buying by packers. Western parkers tonight fanf Belling, scattered and mostly by local longs. bullish. Friedman bull- all pit la buying evsry- The heavy selling of long wheat near the elone of ye*trrday mny cause further weak ness to wheat, but weather conditions are unfavorable and on any sharp break would take on aomo wheat. Chicago inter Ocean: All the targeat of local bulls were out of their wheat at the close last night. They sold all the market would take 41111 ing the day and disposed of the balance through their hnldlngn of In demnities. The lot’ii| hull Intercuts were start and bought more on wet weather returns In the winter wheat see- Uoa and red rust reports front Houth Da» goto, but wero unable to innko n go of ‘ J■ __ _ 1 ‘ _ from the outside. One of the hull leaders said after the doge that the market had roeently Iwen strained, and that there did not appear to he any MnpMHnMT IP particular trond to values for the moment. MARKET IS PROBABLY VERY HEAVILY SHORT. hulk of atoeka are concentrated In atrong .« - ' Will I.--I b- WlAA to follow <1..NA|| too closely these bearish operations, al though we see no chance for a hull market at present and would continue In the neutral • - • *»IMng nu lb- rnlll-A nn-1 p-.r< hn* log only after drives for turns." Marshall. Rpadar A Car '"The entire finan cial situation and speculative seutlment Is ■o completely dominated by Investigations, and the muck rake spirit that It Is only aeeeeaary to mention some prominent cor poration so being under surveillance to create distract In the .shares. Until this spirit la worn off public support will be less effective sod lacking." ATLANTA NATIONAL BANK ATLANTA. GA. C. E. CURRIER. Pretldtnt. A. E. THORNTON, Vlc-Pr*«lfl«nt. H. T. INMAN, Vlo*-Pr*aldant. GEO. R. DONOVAN, Cuhltr. JAMES 8. FLOYD, Aaa’t Caahlar. Capital 1500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. Issue July uotleee of delivery ou Friday to the amount of 48.000 bales, a break In July In New Orleans on tho eve of notices thero tomorrow nnd heavy and general II- <1 til <1n 11 «*i i inti*...| |n\i -i prl<*A M**r«-*.\-r. though the official reports made Texas still dry nnd hot nnd tio rain was predicted for the southern part of the state, where It la most needed, private dispatches osscrteii that rain fell In various parts of that state. Including Houston. In the southern section, 1h4-y hn*l it i -rtnln i-fT—f «*n tb*- market. bowover, wss tlie most disturbing r Mr. Vrirn ninwir* tn hn tp bought thnt month, some thought to cover short, and to have enld October at the current dlffereneo of 15 points. Not a few bought AT THE OPENING GABLES WERE BETTER AND RECEIPTS WERE LIGHT. Damage Reports From the South west Also Had Stimulating Effect. nr I'rlratf, LmaM Wit*. Chicago, Juno 2*.—Coorao grain* war* * big help to uhent. They k*;,t that ccrcgl from aclllng off when It wm unitor th* grratrat prpxaurn. Th* gnnrral ballaf la that tho rcn-lpts of mm and oaita ara to fall off, and thnt In cas* of good rash denmnd, pr|, ea ara rrrtaln to do b.tt.r. Closing prl, <•« showed corn T-*01 l-4c higher; oata were *-IO?-lc better, and wheat up !-S®S-lc. and provtolona I0rq30c bet tor. Cash oalca her* n-ero 106 040 hu.h- •la wheat, 100,000 corn and 100.00U its. The world's visible supply of wheat decreased 2,4*8,000; oata decreased 1.- 110,000, while corn Increased 1,141,000 for the week. ■ Primary wheat' receipts 1:4.000 and corn 1,111,000, agalnat 2s:.oou and 1,021,000, respectively, n year ng<, Clearances for the dae were 89,300 whrat, *,*77 corn and 400 oats. CHICAGO GRAIN MARKET, The Chicago grain Iowa today: Open. High. WI1EAT- iiv • s'* sa 3 *%rn- m '‘ - * fcJ B-S I-OI1K— July. .17.00 17.20 d*.«2Vi 14.to market ranged Low. CIom< Clo m-m m m -IIH5B- fc ^ . .. 3.96 9.97 * 8.96 8.97H 9.324 Whsal Cera ..4 oats ... Hogs .. NORTHWEST CAR8. CHICAGO CAR LOT8. Today. Toi dS LIVERPOOL GRAIN MARKET. havs aoma rffi _ „ danl more than It naually doca If It would comm out flat footed and aay something. Tomorrow «mdf Jnly notkr# In Now Or leans nnd on Friday hero. M-nntlm-. It Is a 4 nervoti* market and probably very heavily short." new rrep longs to rralet attack a developed * rather forlorn hope in the ramp «*f the old crop bolls who nave coma to bellsva not a little danger lurks In the MwtffM tonasr fRgg*Ml end of (be point.. hardly have been really eertoua. (in tbo other hand, too much rain aod not enough labor are reporte*! to be fast putting tho Houth Carolina -ran in the grnat. the ex ploitation of whlrfi raay not ho without effect III rharking the tendenry to dis count Improved conditions In Texas ooce the weather Inirrau shall have reported good rains over tbe sou them sect Ion of that state. Meanwhile the rings are be ginning to approach an attractive buying * ‘ the reaaon that moat men now • sell the stuff. —Ware A Leland. Wheat opened 44 lower; 1:39 p. in., *1 lower; clnaed- h In ' 4 lower. * Corn opened *4 lower; 1:30 p.tn., H tc higher; closed H to % higher. THE DRY GOODS MARKET. flr Vtirntr H’/r- New York. June 26—The dry g*»4M|* n ket totiny ahowe<I mor** movement fr IW *«t It.iifU *>f pilnin uu>1 •Ii*iii-hM-h nil* confident tone on the part of merrhni New price levels are now hellove*! t«» In reached the low point for the year. * Jobbing house mid year unlea will bo RHgnrnied today. SOUTHERN EXCHANGE Oldest Kstnbllnhed Office South. * COTTON STOCKS BONOS Mill Ground Floor Gould Building. I)allv market letter and market manual mailed on application. LJ. ANDERSON A CO Bankers and Brokers, COTTON. STOCKS. GRAIN Comspondint’s CipHil $250,000 RffPISKNCf, THE NEAL BANK PHONE MIT. mUDENTIAL BLOG HUBBARD BROS SCO.,,Kit Atlanta Offlcca, 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 exchangee. Direct wire service. Correspondence invited. Phones 454* Long Distance 39. A.S. Huttace. Mgr. MADD0X-RUCKER BANKING CO. CAPITAL SURPLUS AND PROFITS account* invitco $200,000.00 $500,000.06 Wo invite accounts of individual*, corporations, banks and bankers and offer the best terms consistent with conservative bonking. In our Having* Department w« allow Interest at ths Rate of 3 1-2 per cent* Compounded Semi-Annually. fork. Ntw Orlttm. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, I*. 2 Will it., fatara I.Anni,. Ci. Iff M.f 25: flaw fail Cahaa firlaafr. tjnti ,1 Ttili. flaw Otlttit Catlaa lithtif. Cluyt till fftflff* 1H2. i (Khifi. "'“HU, Null stk *Ut4l PIEDMONT BROKERAGE CO., (Ineorporated.) Baasment Floor Piedmont Hotel. STOCKS. BONDS. GRAIN. PSOVISIONS. INVESTMENTS, Fast Wlra Service from New York, Nsw Orleans, Chicago. COSaCSPONOKNTS M. J. SACK A CO. AZ BROADWAY, NEW YOSK tOW. MOTZl. N«*i}*f L*»! l09t Dl!»••<* fWf n*H 1301.