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THE ATLANTA GEORGIAN. TTERPAY, JVSK M. HOC JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE J Mr. Lively's US yoors' experience jf lilting markets In Atlanta nn«1 tho Houtb tin« made him a rec ognized authority In hi* specialty. BROKEN AT LAST HEAVY BAINS PELL IN TEX. AS LAST NIQHT. Xbey Were Beneficial, Though Were Little Effective—Slight Decline Shown. The drouth In the western cotton belt was broken yesterday. MBHBHKWB^WWBM All sections of Texas had rains—not show ers. but heavy rains, ns much as 4.32 Inches being reported nt Toy lor, Tex. The New York market opened generally e«k, more as a result of July liquidation than to the rains In THbU. Tin* July op. tiou sold off to 10.03 In tho early trading, but on heavy burlng to corner quickly sold back to 10.13, losing most of the advance by nbon. The new crop months opened slightly lower, but good buying strengthened prices •nd following the cnrlv decline prices forc ed alum? yesterday’s closing. The Improve ment was short-lived, however, and near the noon hour declines were shown as com pared with tho previous close. After a spurt of activity nt tho opening the market relapsed Into dullness. The government weekly report was bull ish. but It did cover the rains In Texns ust id M Ml I— H m out Ini Theodore Price Issued a circular this af ternoon In which he says It Is not Improba ble that bis tenders will be less than 38,000 bnlcs. owing to the apparent demand for this cotton. He expresses the oplulon that the New York stock will not exceed 50,000 bales within thirty days. By Private Leased Wire. New York, June 28.—In the cotton market buslneas at the opening was active and the list was weaker, first prices being I to i points lower. The decline waa due to g<»Ml ruins In Texas. An attack was made on July, under'which It broke rather sharp- l.v. The decline, however, attracted heavy buying to cover shorts, partof It being for the account of interest* in the Sooth who «re supposed to be very largely short. This eventually rallied the list about 3 polntr SPOT con ON MARKET. Atlanta— Quiet, 10%c. New York—Quiet and steady, 10.80. New Orleans— Knsy. 1015-16. Liverpool—Steady, 6.14d. Augusta—Quiet, 314c. • St. Louis—Quiet, 10%c. futures In New Orleaus today: Last Previous Open. High. Low. &de. Ciuac. Close. June 10.60 10.61 July .J0.55 10.67 10.63 10.66 10.66-67 10.63-64 Aug. .10.46 10.60 10.44 10.60 10.49-60 10.46-47 Sept 10.33-35 11.34-36 lNt. .10.19 10.23 10.16 10.22 10.21-22 10.21-22 Nov 10.22-24 10.23-26 Bee. .10.20 10.28 10.19 10.28 10.25-26 10.28-28 Jsii . .10.27 10.31 10.26 10.30 10.31-33 10.32-33 Mcb. .10.42 10.43 10.42 10.43 10.44-48 10.44-48 closed steady. RANGE IN NEW YORK COTTON. The following Is the range In cotton futures In New York today: Last Previous Open. High. Low. Bale. Close. Close. June. .. “ 10.12-14 10.10-12 July. .10.06 10.14 10.03 10.14 10.13-14 10.11-12 Aug. .10.16 10.25,10.15 10.23 10.23-24 10.19*20 IA»I MM'llttt MM.tAMM 1A «l «K All. .IMS W.W 10.0 10.J7 10.36-J7 IO.JS-39 NEWS AND GOSSIP Of tho Fleecy Staple. Private Wire to Gibert A Clay, New York, Jnno 21.—Liverpool at 12:30 d. m. was 6 lower on this cron and su nn lower on this crop and 64 oti next. Expected to be 7 lower on this and 4 on next crop. Price Issues a circular making the condi tion *4 per cent, against 77.4 last month. Raining all over south Texas. Xorden bidding loTlO for 5,000 July. New Orleans, June 26.—Liverpool 5 down on near and 6 down on dltitnnt months Is better thnn due on the former snd worse thnn expected on the latter positions. On our market It should have been about 8 crop** 0D July aud 4 lower on new Weather forecast Is generally for unset tled weather, with showers and thunder storms In Louisiana aud Arkansas and showers today and tomorrow In southeast Texas. Southwest Texas fair and warmer and balance of district portly to increasing cloudiness. .Waco. Tex., wires tbrolxh night message: Good rain this section this afternoon; very beneficial. Map shows excellent and general rains all over the belt and the drouth In all sec tions Is broken. In some parts of Texas, notably the Southern, the precipitation Is very heavy. 4.32 Inches having fallen nt Taylor. The weather If cloudy and tem peratures are lower. only buying Is from aborts, which Is not enough to sustain prices. Market acta heavy and think it a sale on any advance. Schlll bidding 10.12 for 5,000 July. •ring and bouses. Seems to bo , which Is tendered to check further nd vance. American 8,400. Futures opened) easier. opening June June-July July-August Aug.-Sept H't.-Oct. Oct.-Nov Nr>v. Dec i»ec..jnn Jan. Feb Feb..March Closed steady. MS ssr« 5.81-6.82 Ml 6.77 6.76 ... 6.68 5.87 6.73-6... 5.68 5.58-5.88 8.84 6.86-6.51 6.534.84 5484.80 5.564.62 5.624.53 5.63*69 6.834.53 8.824.83 8.88448 6.664.5! 5.634.64 6.664.60 644446 6.604.01 TODAY'S PORT RECEIPTS. _ The following table shows receipt* at the porta today, compared with the inmo day last year: New Orleans.... Galveston ....... Mobile gtvannah Charleston ...... Wilmington Norfolk Baltimore N>w York Bouton Philadelphia .... r» uaacola ....... I'ort Townsend ban Francisco .. Total & INTERIOR MOVEMENT. Houston i Augusta Memphis Bt. Louis.......,,,,,, Cincinnati Total ESTIMATED RECEIPTS. New Orleans expects 34<» to A7W bales, 4.883 actual last year; Galveston, to 1400. against 8407 actual Uat year: Houston. 200 to TOO, against M69 *et*al year. WARE & LELAND'8 v DAILY COTTON LETTER New York, June 26,-FoIIowlng the heavy H'luldniion of yesterday, there was a very •t«*ady market dnrlar tho greater part of tb* session today. Thts was doe to short raring of both new and old craps on the Jf p fk, and in spite of the rainfall In the •tate of Texas, where the precipitation amounted to from 1 to 3 laches, thnaratler- .k* th# drouth In a great many portions of atate, prlees held very well snd shorts •^med more anxious to get Into cotton than out mors. Operations were on a rather ntonstve scale early today, when selling **• b * tT P. bat on the break buying started •2l*oon lifted the market back to Ust U J. ANDERSON & CO/S , * DAILY COTTON LETTER HNcw York, June 26.—There was further liquidation of July nt the opening this morning and an effort made to break tho market below 10c. But at 10.03 such resist ance waa met that prices quickly rebound ed and July sold up to 10.13. The reaction waa aided by steady cables from the Liver pool market. Trailers on that side are not Inclined to follow the present decline, prices being regarded at low enough. In fact, Liverpool would look with more favor upon an advance In the old crop options than otherwise. Hoot Mies on that eld© this morniug were 15,000 bales nt yesterday's prices. There has been nothing in the news to cause the present decline, and it I* looked upon as purely bear manipulation. The fear of July notice day is hanging over the market at present and until that Is out of the way we cannot look for de cided support, but prices are now near enough the 10c mark to look attractive. PIEDMONT BROKERAGE CO/8 DAILY MARKET LETTER New York, June IS.—Lower quotations from Liverpool this morning nnd small sales there, nnd onr market opening lower nnd under pressure all the morning. As notice day approaches further weakness develops, mid It HH'iim there la still n largo outHtnml- lug Interest In the summer months. Notice 'ven by n prominent bull operator that lie _ia liquidated his line of July cotton, and reasons given that Insurance rates are con siderable higher, and tho fact that the cot ton In New York la of nil undesirable quan tity. The crop conditions are still perfect, nnd the new crop months are showing of- feetH of this, nnd are slowly following the decllno In the summer months. From now on the market will be less under tho In fluence of liquidation and Its lerol will be reached. Stock*—Stocks continued on their down ward course this morning nnd new low records were reached. Rending was the weak feature, nnd the Irregularity dis played throughout the list shows there Is spm* support to various stocks. The senti ment Is universally bearish. There waa heavy and contlnuona pressure against the Steel shares. -4 the effect of the discus- slon of the ta.Mf question has no doubt had some Influence on these shares, also the open fight of the independent steel con cerns In rutting price nnd antagonizing the steel trust. Stocks are down from 6 lo 10 points in the past week, nnd a rally should PRICE OF STOCKS OPENED HIGHER MARKET WEAK GREATER PART OP FIRST HOUR. Prices Slumped on Selling and Bearish Sentiment Became Widespread. Private Leased Wire. .iew York, June 26.—Thei~ ...... In the essential features of today’s market from those of the previous days. While operators for the decline were still much lu evidence and considerably a factor In depressing prices, there was n steady out pour of liquidation. This selling, while not precipitate., nevertheless seemed to be lim ited In volume only by the ability of the market to take It without n violent break. The general aspect of the dealings, the same ns yesterday’s, was.thnt of emisUintly sagging quotation* nil along the line, with ho resistance to amount to anything In any direction. . /: No one group of stocks suffered more than the rest. The losses were most severe nat urally In the highly speculative Issues, like Rending. Smelters, Coppers snd the small Industrial*., but the standard shares for the need part were equally weak, testifying t<> a scarcity of buying orders from really lm few offerings of these stocks were accented at all were taken only at wide concessions. In the stock market the majority of the active railroad stocks showed ndvnnci opening, extending to 4 in Boat .flc. The Topper stocks were weak Anaconda and Smelting off 1*4 and Amal gamated 4. Delaware and Hudson was n r ilnt lower and Northern Pacific opened off points. During the greater part of the first hour the mnrket was active and weak, and on the selling priivB made further declines, following yesterday’s stamp, and the bear sentiment became widespread. Governments unchanged. Other bonds ac tive and lower. 8T0CK SALES. . .. 486,400 shares /. ., 721,100 shares .. 847,700,shares . 982.000 shares 1,171,600 shares night's prices. The tone waa uncertain, ow ing to the approaching notlep day on July, but there waa a general feeling that around 10c the worst had been discounted. With the rains In Texas the crop placed In a very rfood position and general reporta are now of a hatlsfactory tenor. Under these circumstances it will be rather difficult to bring about much of an ad vance In prices, particularly In view of the decline In the stock market and the exten sive liquidation that has beep going on In July. On any advance It la more than likely that cotton will be for sale unleaa we have another bad turn Of weather. New York, June 26.-There waa a buret of liquidation aoon after the opening of the •took market this morninx that carried prices down In a break. It waa Mid to come from pool. Insurance and indtvfdnal sources. There was no support except scale down, and that produced by short covering. The opinion was expressed during the course of the session that-the only way the present political situation could be recon cl led was through o'Iteoldatlnff market, which seema to be taklnjc place. Owing to the conflicting nature of the various factors, however, we are of the onlnlon that the Mfer policy will be to maintain h neutral position. We would not sell stocks on weak spots, hut upon rallies. In buying, the liestcoAse would be to select dividend payers returning more than .44.P**' cent on the amount of capital Invested, and we would buy them only,when weak, after drives. The financial situation la very un certain at present, snd the profesrionsl element Is evidently organlxed Into a Strang bear party. It Is necessary, that moderate profits should be sought, and that the stop- order should bo employed to rut short losses. Conservatism will repay those who exercise It during the text ten day*, on whichever side of the market they may see fit to act. COTTON SEED OIL MARKET. New York. June 26.-The market for cot ton send oil was moderately active and h little steadier, prices showing a win of 4e on all deliveries early. The principal In terest, however, was in Octooer sad No vember. In near-by deliveries tho position Is stUi n waiting one. With the July de livery so close nt band there in no dispo sition to await the effects of the deliveries. Absence of news on the crop sufficient to Influence the cotton market■ »Pff*ra to be resulting In very limited Interest In opera - •bout le under the future c St the close were unchanged to 4* higher. —Ware * Leland. September October ... November . December . GIBERT & CLAY STOCKS. lONOS, <■ K. ALABAMA ST. ATLANTA. OA. *•» York Slock ■ntucslgM' Or!,* ■tel3SSS sss sa Trsasraasss ««• ««*** rrlTai. Wlr». to ill Eich»o«.«. Ucal .nd Lon. OliUnM T.l.,h.n. UM. W. R. FAGAN, Manajar, 1 p. m.. 2_p. m.. Total .. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit and Produce exchanr - Lemons 85 to I Limes 76 to 81. ^ Peaches, per crate, 81 to 81.50. Pineapples 82 to 82.W, market at present time well stocked. . ' Bananas, straights, bunch 8150 to 81.75. Culls, per bunch, SI to 8L25. Wtnermelons, 810.00 to 820.00 per 100; do- mand good. POULTRY AND COUNTRY PltODUCK.- Llve hens 35 to 37Hc; fries 22Y4 to 25c: broilers 16 to 224c. Live ducks, Pekin 30 to 86c; puddle 25 to 2?Vic. Dressed hens, per lb., 12c to 13c; dressed turkeys, per lb., 15 to 18c. oue/-~New lb,; In ldb. racks 10 E12«\ , ..^M VKGKTABLES.—Irish potatoes, stock 84 barrel; No. 2, stock 83. Beets, cabbage crates, per crate, 83 to 17.50. Tomatoes, per crate, 82 to 12.W. Beans, green, per crate, 81 to 81-25; wax 60 to 76c. Squash, yellow, 60 to 76c. to 81: market overstocked Corn, new, 16 to 20c per dozen. Okra, prt* crate, $1.60 to $2. Cucumi»era, per crate, • 60 to 78c, market well stocked. . M Old Irlah potatoes, per bushel, 81.20. Old sweet potatoes, oer bushel, )1 to 8L25; ow sweet potatoes $1.76 bushel. Cherries, 24-quart crate, 81.60 to $1.76. Cantaloupes, per crate, $2 to $2.60. Blackberries lb tu 124c nusrt. . t Dewberries 10 to 12V*c quart. FLOUR, GRAIN, PROVI8ION8. ^ PLOUIL—Postels Elegant SIS; Diamond patent $0: fancy patent $5,IQ; half potent $4.10 to $4.36: fancy 83.90: spring wheat patent 85.50^6. Mnrket strong. CORN.—Choice red cob 76c; No. 2 white 74c; No. 2 yellow 73c; mixed 72c. OATS—Choice white clipped, 12c; choice white, .50c; choice mixed, 49c; Texas rust aln water ground, per bushel, .. r . p# r bushel, 13c. uluni, 01.35; brown, „ mixed ** *' f»d»Timothy, choice larae do., choice small bales 81.14; do., h timothy belee, 8146; do., No. 3 81; do., . clover mixed $1.06; do., No. 2 closed n S ' .OVER.—Choice 90c. e above prlrt-s are f. a b. Atlanta, and ect to Immediate acceptance. GR0CERIE8. BUGAR.-Standard granulated 6c. New York Refined 44 to 44* plantations 44 to 44c. Market stronger. COFFEE'.—Roasted Arhuckle's $16.60; 12o k, M n rk a f* ^ ^ >rrv ^ * r ** n w to L RICB. , -3iiJlna'44 to.74c, according to CHlL™ . h*n« 1*-. C.llfornU him, MWe; IM Crmn him,. l»c. Hr, Mlt „«r» rlln ».7I; SH Il*. 10.SO; fit hark, 1% platM «*<\ Hnsrcm* lanl 10. Itnl rnu, l*r. Hnuw Drift compound 7tt- tted Cron 1%. STOCKS AND BONDS. Bid. Asked. ocorrt* <h». »« ljj }C SlhVi»S:—I"::::::-:: ^ S8 Macon (a 1010 IM tlanta and West Point Debts. 187 114 . R. of Georgia first Income.... •$ do. second Income g M do. third Income If Jl Georgia.................. ••••• •, ••.. 2h Amrnsl, nnd Mannnab 117 !§ w C.. C. nnd A. 1st m GIBERT A CLAY’8 DAILY COTTON LETTER. Sew Ortcnna, i,n* *—In Mrrrpool op tion* were hot up to cipn-Utlona ,ad cloc- ia, price* were tower thao the prertooa dnj'a Urria b, « pMntt. .The nenernl Irnrl.- ha* llki-wl*. fallen olf In a dlaappolnlln, manner, eele* of fpo* cotton todar oalf amonatin, to A.000 baUf at nnchaaged qoo- tattoo a. Deaplte the breaking of -the draught In all aacIlona of tb* belt, -her. am-h condition* bar* praralled. market price* bare been exceeding!/ well main tained through the naadlnm of *3cineratlre- lr bear, rnreria, on lb* part of abort*. Tb# fact that the gorerameafa w weather report waa To appear todar. owing to the adrerae condition* i which the crap bad been laboring prariona to the adrent of the praaent change la Ibe weather. It waa almoat aalrenaljr thonght that the rerlew woald be bnlllrt In char acter nnd hence the ax,ram I fear on the part of the abort clement. Ifowcrcr. Ibe cxpectatlrm* of the trade, falling of n»a- terUI fuiattment. Offernga beeamo freer, and nettci a further decline. The RANGE OF NEW YORK STOCK MARKET Amalgamated Copper....,...* Atlantic Coast Line Aim-rlcan Sugar Relining Anaconda American Locomotive do preferred American Smelting Refining Atchlaou Z 1 } do preferred American Cotton Oil Baltimore and Ohio Brooklyn Rapid Transit.,... Ciinndhin l’aclllc Chico go and Northwestern Chesapeake and Ohio Colorado Fuel nnd Iron......... Central Leather do preferred Chicago ami Great Western.,,....,, Chicago, Milwaukee and St. I'nul Delaware nnd Hudson Distiller's Securities do* prefeirwi!!!!!!!!!!!,in!!.*!!!!!!!!!!!!!!!*., General Electric Illinois Central American lee Securities Louisville ami Nashville Mexican Central i Missouri Farlfte New York. Ontario ahd Western National Lead Northern Pnclflc New York Central Norfolk nnd Western......... 1’ennsylvanht People’s Gas Pressed Steel Car ^ do. preferred * Pacific Mall Reading Republic Steel.. Rock Island do. preferred United States Rubber do. preferred Southern Pacific Southern Railway do. preferred siosN-shcffidd Tennessee Coal and Iron Texns and Pacific Union pacific United States Steel do. preferred Vlrglnla-Carolliin, Chemical do. preferred....; Western Union Wnhiish . do. preferred...., Wisconsin Central do. preferred NEW YORK COFFEE MARKET. New York, June 26.—Following are opening and closing quotations for coffee for future delivery today In New York: • Opening. T • _H*0| January RUSK*:::::: ngt. 0.76-640 6.80 6.90 6.90 7.00 7.00-7.06 6.20 Cloae. 6.70 6.71 April.. May.. Jane,. July.. .. 0.26 August 6.30-6.40 September.. .. ,. •• .. 6.40-6.45 October .. .. .. .. 6.46-6.50 November .. .. 6.60 December. .. .. 6.65 6.70 Closed steady. -.10-6.76 6.75-6. SO 6.86-6.90 0.96-7.00 7.00-7.06 6.20 6J6-6.S 0.35-6.40 •>46-6.10 6.60-6.66 6.60-0.65 TIPS FLASHED From Wall Street Private Wire to Ware A Leland. New York, Juug 20.—London general mar ket depressed, but Americans fractionally up. H Foreign cxelinnge has declined enough to suggest gold Imports, still there are signs of money flurries, ns preparation* are being f'" -Inly 1 Interest, ami illvldcml dis bursements. vulnerable stocks to sell, tiut the short Interest Is Increasing nnd n sharp rally Is likely to appear. Ixiok for an unsettled and nervous mnrket accompanied with gen eral decline*, but believe n bear movement win soon l/e called to a halt especially In the good stocks. There Is n bear tip In circulation this morning on American Smelt lug. The price named Is 140 for tho stock. We believe very vigorous bear pressure could attain that figure, as a little liquidation Is re ported pending. Summary yesterday's stock market by London settlement began today. General London markot depressed. Stocks of pig Iron sre low In Pittsburg snd producers srs ssked to anticipate ship ments. No falling off In demand for Copper to account for decline In price of copper stocks. Twslre industrials declined .83 per cent. Private Wire to Gibert A Oaf. „ ^ „ New York, June 26.-Daniel Odell A Co.: "A moderate rally Is likely any time In the stock market now on tb# large short In terests, and In view of the fact that the GOVERNMENT’S WEEKLY REPORT ON WEATHER. Prhnle Wire t<* Gibert A t'hiy. Washington, June 26.—Following la given as the government’s weekly weather report: Alabama tMontgomery) <'l*»iir weather and high temperatures prevailed, with no precipitation worthy of mention, oxcept copious to moderately heavy ralna In n few southeastern counties. Arkansas (Little Roekl—Tho forepart of tho week was cool and latter part was warm, the temperature averaging about nor mal, except In northwestern counties, whne It was below. Tho nights were too cool. Well-distributed showers occurred on three days. Tho rainfall was below tho average In the extreme eastern nnd northwestern comities nnd normal elsowhcre. Tb© week closed showory. There was sufficient sun- shine. Georgia (Atlanta)—The weather was clear with hot (Jjiya nnd cool nights most of the week. The menu temperature averaged from 1 to 3 degrees nbove the normnl. Tho rainfall was decidedly below the average. Lorn I showers occurred In most eecttons on the 19th and 21st.. Louisiana (New Orleans)—Scattered light showers onuirred, but drouth 1* generally unbroken and conditions are very serious la many set"Ions. A general rain Is badly needed. The tomporaturc was nbove the norms! snd there was about tho usual sun shine. Mississippi (Vicksburg)—Mean tempers- tun* wah above normal. Abundant sun shine nnd fresh winds dried the soli rap idly. Beneflrlal showers occurred In the extreme south nnd In a few localities also* where, but rain I* generally needed. North Carolina (Raleigh)—The forepart of the week was partly cloudy, with numerous thunder storms. There was lens cloudiness with fewer thundor storms during the lat ter part. The precipitation was below nor mal and not well dlstrlbtued. The tempera ture was about normnl, hot days and rols lively cool nights prevailing. Oklahoma uml Indian Territory—Tho wool was Hear nnd dry, with menu temperature slightly below tho normal. Scattered thun der storm* occurred on the 23d, 24th nnd 2Stli. Tbs rainfall was generally below the averogo In all part* of the section. South Carolina (Columbia)—'Temporaluros above 90 degrees occurred during the latter half of tho week, with widely scattered thunder storms nnd gonernliy light rainfall. Tho temperature and sunshine wore slightly above normnl. Texas (Galveston)—Tho week was gener ally dry nnd warm. Mattered local slmw< era and thunder storms with hall occurred on several days In eastern counties. The rainfall was much below the average, ex cept In a few northern and eastern coun ties. Drouth continues along tho meat and tu many portions of Interior. In the const districts and In Rio Grande valley there was elthor an entire absence of rain or no mensurable amount during tho week. Tennessee i Nashville)—Tli© week somewhat cooler thnn usual. iMUsted showers occurred, trot they were generally light nud portions of th* middle nnd west ern sections are still In need of rain. Home damaging local storms wore reported. NOTES ON GRAIN Polntors on Provisions. Private Wire to Gibert & Clay, Chicago, June 26.—Wheat opened active and higher. Cobles showing only moderate response to break here jesterdny and the northwest showing bad weather again. Many reports of red rust coming In from that section, nnd there are. predictions of bad weather there again tomorrow. Logan and Rankin have been best buyers of wheat, about 200,000 aptecc. Valentino selling wheat. There was a line of about 1,000,000 bushels of long wheat liquidated yesterday during the latter part of the session. This un doubtedly plnres the market lu a much stronger position technically. Unless wo have cloarlug weather throughout tho northwest very soou crop killers will begin to get busy. Chicago Record-IIerald: Rains Saturday snd Sunday through the southwest effectu ally put a stop to sales*of wheat by farmers nt country stations through Oklahoma nnd northern Texas nnd delayed threshing gen outuy MjBgjEPpP HI $ attested by the arrival of ten cars of new wheat, soft winter sorts, at Kansas City yesterday. Marketings of wheat In tbs northwest have greatly Incrensed In the trabUd _ _ are also exceptionally heavy for this time of year. Large receipts of oats ore pre dicted for Duluth In the next few days. Private Wire to Ware A Leland. There Is sumo buying by-the local talon this morning on tho raTna In the northwos . Lots of talk of red rust In the uorthwcit this morning, »IHi •• nt').- Strength In conrso grains have helped the wheat and caused some of the early sellers to bny. Market could be bought. ling scattered and mostly by loco! longs. The heavy selling of long wheat near the close of yesterday may cause further weak ness to wheat, but weather conditions are unfavorable and on any sharp break would take on some wheat. Chicago Inter-Ocean: All the largest of local bulls were out of their wlient at the close last night. Tli or sold all flic market would take during the day and disposed of the hnlnnre through their holdings of In demnities. The local bull Interest a were long nt the stnrt nnd bought more on wet weather returns In the winter wheat sec tion and red rust reports from Houth Da kota, but were unnbln to make n go of It, falling to get help from the outside. One of tile bull lenders said after the Host that tho mnrket had recently been strained, and that there did not njqienr to be any particular trend to values for the moment MARKET IS PROBABLY VERY HEAVILY SHORT. bulk of stocks aro concentrated In strong bands It will not be wise to follow down too closely theiie bearish operations, al though we see no chsnc# for a bull market at present and would continue In the neutral position, selling on the rallies sod purchas ing only after drives for tarns." Mnrshnll. Spader A Co.: "The entire finan cial situation and speculative sentiment Is so completely dominated by Investigations, and the muck rake spirit that It Is only necessary to mention some prominent cor poration as being under surveillance to create distrust In the shares. Until this spirit I* worn off public support will bf less effective and lacking." weekly y. end ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, Rraaldant. A. E. THORNTON, Vlc*-Pra,ld,nt. H. T. INMAN, Vloa-Praaldtnt. GEO. R. DONOVAN, Caihlir. JAMES 8. FLOYD, Ail’t Caahltr. Capital $500,000.00 Surplus and Undivided Profits $500,900.00 We Solicit Your Patronage. ^ 1 — — New York, Juno 26.—Tho Sun says: announcement by Mr. Price ttint lie will Issue July notices of delivery on Friday to the amount of 48,000 bales, a break In July In New Orleans nu tho eve of notices there tomorrow nnd heavy nnd general II- aotdstlon caused lower prices. Moreover, though the official reports mnde Texas still dry nud hot nnd no rain was predicted for the southern part of the state, where It I* most needed, private dispatches asserted that rain fell In various parts of that stale, Including Houston, lu the southern spctlon, tti<M hinl (I coitiiln effort nil tin* market. July, however, was the most disturbing factor Mr. Price appears to have bought that month. Bom© thought to cover short, nnd to hare sold October at tho current difference of 15 points. Not a few bought supposod to have honglit July. Liverpool bought n good deal of August hern against sales across the water nt big differences. Today the weekly government re|Hirt may have tome effect. It would hnvo a good deal more than It usunlly does If It would come out flat-footed snd any something. Tomorrow rome July notices In Now Or leans nnd on Friday here. Meantime, It Is n nervous mnrket nnd probably very heavily short." New Orleans, June 26*—Tlmes-Demoernt: "Yesterday’s cotton mnrket demonstrated a* very stubborn Intention on the part of new crop longs to rpslst attack and also developed n rather forlorn Imp© In the camp of the old cron bulls who have come to believe not n little danger lurks In tin' promised tender on Jnlr contracts of the ragged end of the New )«»rk stork Klndenls of the staple now profess to find enrournge- ment lu the benrlMh belief that nfflrhl knowledge of the breaking of the Texas drought would cost the fall months several points, though the drought damage enn hardly liars been really serious, on the other hand, too itiurli rain and not enough labor aro reported to be fast putting the Houth (’nrollaa cron In the .grass, the ei- count Improved conditions lo TsxosJ tli© weather bureau shall hove reported good rain* over tbs southern section of that state. Meanwhile the ring* lire be ginning to approach an attractive buying AT THE OPENING CABLES WERE BETTER AND RECEIPTS WERE LIGHT. Damage Reports From the South west Also Had Stimulating Effect. By Private Leased Wire. Chicago, Juno 26.—Coarse grain* were a big help to wheat. They kept 11: tt ■ ' ' ' : !'■•!>, •filing off when It was under the grentest pressor©. Ths general belief !« that tho receipts <>t corn and oat* are to fall off, and that In. ca*o of good cash demand, prices ar* certain to do better. Cloning price* showed corn 7-8©l l-4c higher; oat* were 6-S(Q'7-8c better, nnd wheat up 2-806-lc, nnd provisions 10@20c bet ter. Cash sales here were 105,000 bush el* wheat, 100,000 com nnd loo.noo oat*. Tho world'* visible supply of wheat decreased 3,456,000; oats decreased 1,- im-n-iiHfd 1,141,000 for the week. Primary wheat receipts 124,000 and com 1,119,000, against 282,000 and 1,921,000, respectively, a year ago. Clearances for the da? were 88,300 wheat, 5,377 com nnd 400 oats. CHICAGO GRAIN MARKET. R Open. WHEAT— July... 814 Kept. . 83 Dee. .. 844 CORN- B: 3 OATS— July. Hept. Dec. FORK— July. .17.00 17.20 Hent. .16.624 16.90 LARD- Jttly. . 6.67W Hept. High. Low. Clo Li a a a 10.77 16.60 Oct. .. 9.96 HIDES— July. . 9.124 8:11 9.90 8.974 •-W4 9.224 9.25 0.07 !:Sft 8.85 A 97 4 8.974 *«4 8.BO *.*24 9.324 9.324 9 15 NORTHWE8T CAR8. Today. Mtpnoapolia ............ 77 Duluth 94 Chicago 4 Wheat Corn ... Ont* ... Hogs .. CHICAGO CAR LOTS. Today. Toi LIVERPOOL GRAIN MARKET. , lower; rinsed 4 1° ’« lower. Coni opened 4 lower; 1:30 p.r higher; closed 4 to 4 higher. THE DRY GOODS MARKET. By Private I,enheu Wire. Now York, June 20.—The dry goods mar ket today shewed more movement from first lianns of prints and dotnoetl©M and a I'uiithh'Ut tune "ii the jmrf *>f merchant*. N< \S prlee boels are now bel|**ve<l to hnv« reached the low point for tho ysar. Ths jobbing house mid-yenr sales will be in- nugurnted today. SOUTHERN EXCHANGE Oldest Established Office flouth. COTTON STOCKS BONOS GRAIN Ground Floor Oould Building. Dally market letter nnd market manual mailed on application. L. J. ANDERSON A CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Corrsspondant's Capital $250,000 RirKRfNCC, THE NEAL BANK RHONE I4IT. PRUDENTIAL BLOC HUBBARD BROS & CO., Sr, Atlanta-Office*. 219-221 Century Building. Member. New York Cotton Exchange, New Or- lean. Cotton Exchange, Liverpool Cotton Auo- clatlon, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Bu.lne.. .ollclted for the above exchange*. Direct wire iervlce. Correspondence invited. Phone. 454, Long Distance 35, A.S. Huatace. Mgr WM. I. PEEt- PrwldMri. nOBT. P. MAIiDOX. Vlea-Prea. TEI08. 1. PEEPr.EB. Cfi.bt.r, JAR. a. I.EftTEIt. Au*t Caahter. MADD0X-RUCKER BANKING CO. capital SURPLUS AND PROFITS ACCOUNT* INVITED for i exrollont crop at tb© pwwit i gen s.'SETwra | utmost ©ons©rvat!sni prevails, a* fh© trad© . knows full w*U th© iUag©rs that Inrk { |«MnMa vital Islmct «* th* weather I I. can .-rnr-l. I $200,000.00 $500,000.00 We Invite accounts of individuals, corporations, banks and .bankers and offer the best terms consistent with conservative banking. In our Savings Department wo allow’ Interest at tho Rat* of 9 1-2 per rent. Compounded Beml-Annually. COTTON, 'cfuIrN,? RO^IstoNS.H^CKsPBONDS, *#. 2 Wait St., FaUn tall ding. Atlaata. Ca. Ball Fhaaa 13*2. Ha* Yark C#Mat tatkaaga. '//*«(• What la Haw Yark, Haw Orlaaat, CbUaga. B. C. C0THKAH, Mantaar. ■ **“ Standard rkaa PIEDMONT BROKERAGE CO., (Incorporated.) Basement Floor Piedmont Hotel. OTOCKS. BONO*. CRAIN, PROVISIONS. INVESTMENT*. Foot Wlr* Service from New York, New Orleans, Chlcaoo. CORRCIPONOCNT* M. «l. *ACE A CO . 4* BROADWAY, NEW YORK. tOW. HOT It. Wanagar*t»ra/ and long Ball Fhaaa 1301.