The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 27, 1906, Image 11

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1 THE ATLANTA GEORGIAN. wrnNFunAT, ji;nf. st, i*o*. EDITED BY JOSEPH B. LIVELY (^THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ■■■ Mr. Lively*# 25 rear*' experience jf editing market* In Atlanta and the Houth lin«• made him a ree. ognlxed authority iu Ills specialty. Imnnnnni s# COTTON FUTURES HOLD VERY STEADY LIVERPOOL BEARISH IN ITS SPOT DEPARTMENT. New York Opened Slightly low er, But Recovered on Liber al Short Covering. Th. mily feature of o bcnrlnh nature this Horning In tliu rottou market waa the amall w loa nml (Iodine of 3 point* In the apot department In Liverpool. The aalee aggre- .,10.1 5.000 lialea at a decline of t polnti: aiM.IHng MW. . Future. doted at adrancct of 3 to *°ln New York the opening quotation. were I to 2 point, lower. Imt prior* Immedl. ttelr Improved on elinrt* roverlttg. There .wae »ome good Imylnc re|»irte.l both in New York mid New (irlean*. doe rbldlT to renewed etrenoth In the July po- alilon. «» far aa the old crop month* are concerned, while the new crop montba were bought on the theory that the crop la not far enough advanred to Inanr* a yield In eg. ee>* of the world’a reiiulrementa. eatluiated at 1.200.000 hale*, and aa the Month haa only enee prmlueed that amount, the heart are aot ronfldent of their poaitlon. The Mouth le reported ehort on cotton. Thle may or may not lm true: hut. If tree, the rluiucee are the cotton will be deliv ered at a higher price than that at which tber are ahorr. the difference In price go ing' to the epernlntnr. The rerereu would bo true If the South *That"l« apeeulatlon. and the ahorteat way ant of thla eondltlon la for the South to de vote Ita entire attention to the production of cotton, atudy trade eondltlona and mar ket the cotton when prices suit. I,ot the proreealmial, or dealer In paper cotton, have hla wny In the marketing of hla prodr " Mupply — - ot tin- nctnnl stuff. , ■ Interior reedpta fur the half week, ec- ronllng to Secretary Heater, aggregate A- ,c I .a lea, agalnat 14,413 laat year and 3.M tho rear Itefore. .shipment* 13,33 tinlea, agalnat 31,893 laat roar, nml (.101 the year Itefore. 1 Kt.H-k* 183.83 hale*, agalnat 1(0.453 laat week. 167,WO last year and 73,338 thu year before. By Private Leased Wire. New York. June 87.—Continued Sue weather through the cotton Kelt was offset todnt by moderate activity at the opening nm»ug Mnuthern short*. The weather map ihnwed rain In Texan. At 10:30 a. m. the market waa fairly nrtlrc and almut alendy. 8P0T COm ON MARKET. New York—timet. New Orient**—Steauy, nr. Liverpool—Firm, Hid. Anguatn—Sternly, 3114c. NnvitnnnU—(fillet, in 11-16C, Mt. 1-oulx—Quiet, 1074c. 10.31-33 llWJ-24 10.84-33 10.35.3 10.(1-SS 10.44-41 10.34 W.9435 gisss RANGE IN NEW ORLEANS COTTON The following Is the range In cotton futures In Now Orleana today: , Laat. . Prerloun Open. High. Low. Sale. .Clone. Close. fune 10.70 Inly .10.46 10.84 10,« 10.84 10.SJ-S4 10.4M7 tug. .10.49 10.(3 10.49 10.61 10.00-C 10.330 tept .10.35 10.39 10.35 1033 10.44 V! 14.JWE (let. .10.33 10.31 10.31 10.30 10.10-31 lOJJ-S Nov -* Inc. .10.26 10.34 10.3S Jan. .10.33 10.40 10.33 Mch. .10.41 10.45 10.44 rioai-il steady. RANGE IN NEW YORK COTTON. The following Is the range In cotton futures In Now York today: fAit Prerloos jnne jxr “f- iSSJ« July. .10.13 10.19 10.11 10.19 10.14*19 10H-J4 Aug. .10.23 10.31 10.33 10.31 10.9031 10.29J4 Kept .10.39 >0.84 10.30 10.14 10.3234 10.3-3 <ht. .10.3 10.38 10.3 10.84 10»-J( per.' '.i'oiii itrii ibljo iiiii iajlh vj-gji ftS: : 10 ;* **• *■ £p SH Mrk. .10.41 10.U 10.41 10.4* 10.(2-68 10.C-43 tlosed steady. LIVERPOOL COTTON "MARKET. te iw 1 mta. (.lid. Salca 1,000. American 4.100; tro»ii in-iio sola mi Jan.-Feh. . Fch.. March t’losed fit 6.794. •) B.: 6.774.76 I ' Is I MM.il 1.124.63 6.83444 6.574.88 6.844.86 TODAY-8 PORT RECEIPTS. The following table allows receipt* at th. port* today, compared with the earn* day laat year; , NEWS AND GOSSIP Of the Fleecy Staple. l*rtrate Wire to Ware a- Lei tad. " * Jae to «»me 1 up oa old sad to 2 up oa new crop. JdwtPwi «bles: ••Market affected uni k K55!l ."Market affected unfa- eT «th,?rw*bi U .T ; mr 1U,,t ° f ,Ul ' ® ooened quiet and about aa ox Liverpool. Nothing special on ‘xcept offerings of Juljr. Konu Market P«oted on „ WfiU except —..... ..... nening froin romrolMton and wire houses. UMk for quiet market today, RchlH beymg Mt of cotton. . *f**»Oj*(*i!%, 43»f 37.—IJvcrpool cables ”°‘ favorable Spot sales of only 6,000 . J..? re * b,,rl * h argnment and at 2 p. w i r " unchanged Instead of point up, aa due. The net stock of cotton In New Orleuoa le *(eln«f (1.468 at thta time laat year ° B ,Ulp “° ,rd *»>7*A agalnat 10,408 last Notice for 100 biles wee Issued, but that la the only one In sight yet. Private Wire to albeit" k Clay. New York. June 27.—The Journal of Com^ meree report* Improvement In crop* during the month In Mississippi and Louisiana, due to dry weather, crops well cultivated and clean and labor sufficient. Plant not large, bnt healthy and well fruited. Boll weevil makes its appearance in several parishes In Louisiana. Florida condition poor. Market improving on local shorts covering the new crops, which they sold during ths weakness of July yesterday. Mitchell offered 10~000 October at 10.20. New Orleans, Jnne 27.—We understand the South western Cotton Boyers’ Assorts* tlon makes the Texas condition 64.6. agalnat K.4 last month. Tht government made Texas 67 last month. '•Hero Is selling over Western forecast Indicates showers for nil of the western belt except southwest Texas, where It is fair. Ilayne offering to tell 10,000 July at 11c. Market very strong, despite the excellent The map shows light scattered rains In Texas, Mississippi, Alabadia and Georgia. Weather conditions are fairly cloudy and temperatures are higher. L* J. ANDER80fTSrC0/8~~ DAILY COTTON LETTER a little atronger than loo] Imp hut antes were again small at 6,020 Our market opened slightly lower than yesterday's nnder some pressure to sell by would-!*# longs. Weather reports show rain over the most of the belt, oat In the drouth regions In U1 IUP in’ll, 8 nil III MR I Inappreciable qunntltlen. tht "" " ^ nrl Ittt hundred bales ticca did not 1808 3908 New llrlet*. 8666 1441 ss; If X 496 “ii * a g 6 •* 221 6S6 !!.’! p* 60 Ir 61 fi •••• Ir Mobile Hnvsnnab * •'hsrleatim "Ilinlngton niltlnncw N, w YoHt Ihwtm Milladclphta ' nrjoa. ToUl 6649 • «*» IT INTERIOR N OVEMEf * T - 2, IKK l*W a ilnueton Augusta m 468 ‘is* V M-inphl# Ht. Louis ‘ inctnaatt 96 928 $9 U1 " ■»i «« Total 2169 *443 p. WARE A LELAND'S DAILY COTTON LETTER w Orlcai operators in of * proverb te the effect that the market never goes down on * notice day, capo- •—* '*• —riiaolml tn «n iln^Q, I , .W rice* today, for week* , jave been makluc threat* about what they were going to do In the way of July tender* which were tPttJfjinr to the week king folloarlng, end y*t7 even on the opening today July commenced to - - — K paint* ly *> few ... jnd the bo- circulate long before they were etonpd. If au organised attempt la bring mad* to manipulate the July poaitlon distinct eucrees b*e attended the effort* of the manipulator*. Hpot* here I wen kept well up (hove future* end July hne been allowed to aag off until the difference be tween July and spot* la aometMng appall ing to eny on* wno wlahra to denver cot ton. Kven with the advance today July wee nlweye about n quarter of n centJwj low epota. for It waa generally admitted that middling could not be bought under lie Hpot holders will think twice. wUh tba existing good demand foe spots, be fore they dump much cotton on contract, with tho wide spread between contract* and apot*. The weather waa again favor able over practically th* entire belt. Homo rain fell m the eaatern belt that could hare been alapenaed with, bat the ♦catern belt continued to g* .rally taken aa a fu.——--- , . annr , RiSi?i h i , PRJs?a h i« W walling for oli v . ESTIMATED RECEIPTS. New Orleans eipecl* 900 to 1.900 bolfo, Ofjlnat 1.(42 ortual laat year: ClalTMton. 500 to 2,000. aanlnat 1.W nctnal Uat ntr. llouatoo, WO to 800, agalnat 2,026 actual lait year. THE METAL MARKET. Rv Prleato LmsmI Wire. . . New York. June 2L-T1d «raa*r. at He ad vance fa, near-by detlrery. t'oppw nnrhanxe.1. lead waa down 5 point,. Spelter laat 6 point a. COTTON LETTER New Orleana, Juno 17.—Tho Liver-. »1 market waa oomewhat dlanppolnt- g In Itn earlier neealon, due to the cl that there waa conaldermble nell- r In > gpnamodlc wny of the July •Itlon. Optlona Improved atfghtly. iwever, Inter In thq day. mid elojjd polnu higher than yeatCTdny, while ot antes amounted to 8,(00 bnlen at loan of I polnu. Today, the Brat dice day for July delivery, wltneneed rneillnrlr few tender* In drcula* hne conaldembly vaned. and th* valuer of then* l»ol- S iati been allowed to follow the upward tendency of the market, nevertheless, -these distant options are dally becoming more vulnerable and morn suacepttble to attack, owing, to the utmoat Ideal weather condition now^affectlng tha crop. It I* the grow ing Trellef that th# recent drought waa not eufflclcntly prolonged material damage, and th* advent of ralna where needed came at a moet op- portune moment, the field* prevlouMto the arrival of moisture having been HARD, FIRAA TONE NEARLY ALL ISSUES MAK ING GOOD GAINS. Took Profit-Taking Sales in Good Shape Without Excessive Reaction. Hooted this i shat ever their opinions rcRArdlnv worn very much ralxod In their view* tv hat tho Immediate tendency of price* itii-l i»t>eiiitloiiN for accounts wen ductiHi with timisunl nuitlon. Aiuerleun stockM in Lotidou, on what looked to be chiefly New York buying, came In n hslf point to a point higher. The first quota tlnns ot the local opening, while fraction ally up, were not up to the Irondou level, *1(1 at '* k —l-—--rarr. It bei 1 evident that spe. tenlajr were hurrying to realize profit where they could. ITnuer this’selling the whole market declined. The rcnlUlm; wnic, ,im ndt. however, follow prices down very far, and there waa enough support given to cer tain stocks to prevent any general develop meat of weakness. After the first hour business grew extremely dull and prlcee backed and filled within a narrow range, showing at noon only slight differences on the day. ■ ! The stock market opened with a contln nation of recovery that was In progress at the cloae yesterday. Initial prices shown gains of fii In Northern 1’orlAe, Nations Lead: Heading end Amalgamated- — Pacific, H; Colorado FaeLTL aiflPHI tlmore and Ohio and ftouthern 1‘srifle. Atchison, Steel and Pennsylvania gained H " cnt. ad the end of ten minutes of tradlngHM cessions of % to 4s from best flgnres were recorded In some eases. Consolidated Goa was unchanged. Anaconda recovered H per cent ^1 ■ J Outside market showed first hour. nesfiPMMMMnHIIMR making gains ranging from H to 1H points et tho opening, and taking realising sales Utter In good shape and without nay ex cessive reaction. ■The leoadon trading was unimportant, ;|trsgs brokers buying s few wt«*cl - lues and selling them on rallies.L ■Governments uucbangrd. Other bonds are quiet r~m , Ul ULI, U,M I U.W , * 30Q.200 shares .. MS,000 shares 477,000 shares 7*4,700 shares 1,010,100 shares i* of InterMetropolltsn the stock ihowed a firm tone all through the ir, nearly all the stocks traded In It n. m.. 12 noon .. 1 p. in.. 2j>. m.. Total .. STOCKS REVIEWED BY NEW YORK SUN New York, June 27.—The Hud wiy»: While the mnrkct yeterdny wa, aubjcctcd to a vtgorou* benr rn 1(1 In the flrat hour, when (bout 606,000 ,harea changed band*, the coorae of price* wn* on Ibc whole more fn vnrablc to the bull* than to their adverra rl**, and flnnl quotation* In • nio*t mac* warn above l**t nlsht'* doelor. The laiedon market coniliiucf depreued. capcclally In th* Kaffir denartmeat. where It waa feared that on* or two unimportant houaca might nut he aide to pean through jhc aettlemeot, and Rnuhin ft *l*o were ’ "otir rumor* of aa lorrwmd dividend on Aowticaa Hmettlug and lleflnlng were re vived after anuouaeement w*« made of the action taken by the director, of Anaconda. revenue through the ownerablp of a aiilorlty of Anneoudn atoeh. Tha cxpeetatlmi that eongreaa wntibl adjourn before the end of th* preeent week we* aot entirely without laduenc* In pi during aareatnee* In the rauka of the tht Interrat, and as tho market had • oversold corertaa oa. a large acale could only be eecompllahed In the face of ad reuclug price*.—tllhert * Clay. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit gad -rorheaf per* rrate. 81 tn IIJO. ^taeapplea 22 to 22.80, market at preaent Ime well etocked. Ha nan a a. etnilgbte. t-— booth 21.67 to 11.75. full*, tier bantu. 81 to II 28. Wtaermelona, 110.00 to 22760 per 100; de- “rouCTKY AND COUNTUT TOODUCK.- Ure hena S to 37W; frlea 23H_to 38c; •roller* 18 to 22Vie. |Jro duck*, Tekln 30 to Se; puddle 26 to.nMe. .... , taWpSr°l?!.. P Il M “ " .jgR, ettc: cook - lb.;' Jo 1-lb. rack* 10 • EOETABLEB.—Irish potato. No. •lock 84 berrai: No. 2. elork neet*. cabbage crate*, per crate, 21 to Tomat Bean*. 'tijuaTti, yellow. 86 m ile, to II: market overstocked. Cora, new. I* t* 3»e per doxen. Okra, per crate, 21.80 to 12. Oecemben, per crate, * to 76c, market Old’irbdTpotttoei per bushel, H *. Old meeet potatoes. i»r bu»bcl, >1 to IL3; ew sweet potntoe* 81.76 bushel, fherrlra, Slqusrt crate, 31JO te 31.78. rsatslou;*-*. per crate. 22 to 13 50. Hlnrkberrten 11 te 22H« aaart. Dewberries 10 to IP** quart. FLOUR, GRAIN, PROVISIONS. PLOl-n.-Po.teIs Elegant K»: Diamond patent 3: fancy patent 38.10: hslf patent 24.10 40 it.»: fancy tint aprlng wheat patentJtJOfft -MaAet etrong. fOUN.-fbolee rod cob 7de; No. 2 white 14c; No. 3 yellow 73e: mixed 7*r. OATS—Choice white Hipped. Ke; choice white, ffct; choice mixed, 49c; Texai rest f IrtAlf^Maln water gnaad. aac ImshH. 21et bolted I KWh Jate*. per boshel. Be. Short*, white, 2L4(: n.-dlota. tl.*: brown. ™ bra*. 2i.»: mixed braa, 21.15. oI BERT & CLAY <• K. ALABAMA ST. STOCK*. BONO*. COTTON. OgAIN, corvee. eaoviKON, ATLANTA. OA. Naw York Htwk ffarhanga 'New Orleana Cot^™ LCotron'AMoHstle ' • York Cotton Exchange .New » Hfwk - New York Coffee Exchange X-« Orleana Hot d ot 1 rt(l .• FrlTRtp Wlms f«> all LxcOsog-f Local and Long Olstanoa Toltphono 529f- tpiion Coitem Kx»hsaga. W. R. FAGAN, Manager, CLOVER.—Choice SXV. The above prb BftiBIM •object to luun- i GROCERIES. fil'OAlt.- Staodant grsniilstM 8r. New York Itcfliicl 4Vk to 4Vk: plantations <14 to ‘YoTiHHF*Renatcd ' Arlmckle'a 115 86: ML la lug* or barrete. 1JV: grceo U to 12-*._ Msrk-t weak. RICE.-Carolina 414 to 714c. according to grade. Market very strong. ITCESSS-Paary full cream dairy. 14c: ttrloe. USc; I>r1ek. 14c. Market -tr.aig 1-ROVIrtloNH -Huprome hams IlHe. Itiwe hams ISe. California hams 16ty: Red (rota hitax. Be. Dry salt extra rit** 7.757 hHIlea 394 I ha. 1A60; fat Iweka *64: plalea »’«c. Supreme hurt 1> ll-d Crero tv. gaew Drift compound TH- Red Cross < V RANGE OF NEW YORK STOCK MARKE Am.ilg.ininff'd Ompor. Atlnnih* C(iast LlnPe..*,.**•** American 8ugur Ilrfinlng JJJK f ****** Amorim n 1/ • < »nu*t I <l>> |»i'«-fcrrc*l Amcrli-sn HmHtlug Hcflnlng ilo preferred Atchison dn Amorlrnn Cotton Oil.. Unltinioro nml Ohio * Brooklyn Rapid Trnnolt i'niuitll.'ui r«. It1« nil<-a«*v nml Northwestern..,,.., CliOMtpmlto nml Ohio ••„•*.. I'nl.Mmlo I’ll.-I Mi In'll Central Ixcnther dn prcfcrreil Cklrofi nml Great Western........ Mlluadlicc aad Ht. iSvul l>i-lnwan» and lludsou..... IMMlllcr'rt Securities do preferred...! General L'lertrlc., Illinois Central Americaii Ice Securities... Loulsrlllc and Nashville.., Mexican Central Mlsstiurl rnrlflc New York. Ontario and Western National Lend....... * Northern 1'oclfic.. New York Centftl,..** *....* Norfolk nml Western..... 'Vunsylvnuln People's Gas l'ressed Steel (’Bf.. Par Mall Iteaillmr *»*•**,••#(! Republic SI cel ltock Island do. preferred....- Knifed States KuAbcr do. preferred Southern Pacific*.. Southern do. preferraa.*... Slnss-She/neM Tenuesvee Goal and Iron... * Texas nml Pacific 1'nlon Pacific. United States Steel do. preferred..,,...........* ViralnlS'-Carolina Chemical . do. preferred Western Union Wabash do. preferred Wisconsin do. preferred TIPS FLASHED From Wall Street Private Wirt to Gltiert k Clay. Naw York, Jane 27.—Daniel Odell k Co.: "That a large short Intrrrst exists In the •tock market we /cel certain, and tho Ir regularity that has been experienced fa the past two weeks or more only encour ages bearish traders to inrrrsse Its pro portions. l)sy after day the market hus declined Interruptedly with accnsloual ral lies and somebody has been buying storks. When congress Is-out of the lime light wq be!teve the financial situation will be on s more favorable basin here, and with esrnlngs unprecedented ami prosperity gen eral we look for material enhancement In stock market values. Hentlment Is grad ually Improving, nml as soon ns some of the uncertolntles now overhanging the market shall hare blown over wa expect a good bull move. In stocks. New York, June 27.—Uptown Interests which have bean seen this morning are not quite as pessimistic as they have been for tlie fast week or ten days. Jly some It Is believed that the market will he cotr- sblarsbly better for the next few dnyn at east, and that tlm Improvement will be ed by Ht. Paul, Union Pacific, and .South ern Pact fir. On the other band, the opin- ■ I- r • . iv cl pn-h-4. !. Unit u III!.- t In- l.-ii • 1 ng storks may go a little higher today, the selling movement will continue. Con servative observers reiterate the opinion throughout the country will he folt Private Wire to Ware k Lnlsad. New York, Jnne 17.—Loudon strong M to ' per cent - up with moro Improvement A better feeling prevails on coppers due to Anaconda's Increased dividends, and It Is natural to tappoaa that Htenla will do better considering Its largo business, pres ent and prospective. nd while attacks are likely oa sperfnltlw n order to affect tho gem-rnl market, don't believe they will prove effective. Baltimore and Ohio at 120 Is a I per cent proposition, and at anything under that believe It la a great purchase to hold. With the coming adjournment of con gress nnd slightly easier money eondltlona, the atock market should show further Im provement today. We do not look for broadening of speculation, however, tod on any sharp advances, would tsko profits. Summary of yesterday’s stock market 3 loo I looij' %H| 90%l 20% ft>4 IXi 139 | 13ft l»i j 12* 127 121H m\\ 1^) 1J9 L-J 13"', :c 2C, ■ 224 fl**, ©4 6B% 07 07^' 67 ..... I situ igu 117 147 142 14.1% 141*4 U&U mu ins’ ii4% iu*4 m MIS R>H, »H RSS *»S .TT!T| .T7TT1 .TTTTi l-nu i“-'* M 31 20 30 J 9U 3-'U lit llgu 11GU 117 117 i 117% 78U 7IU' 74S 744* 71S KS 16 »u I0ou IMS r-*u 10 ,,, 4 197 ; 197 19i I 197 , 197 j 199', MW MU 1 MS MS MS $7% ij ss s^j s? s i i i?'■ *i«si *i«s 'i«d ’iivi! l iJu| 'JJu 1<«S 17&!*' 171U mu 171U 170 "IV 21Z 212 :il 213 217 b$ 6IU 57 67V M MS 4JU 4J‘* 40-\ 41 J 40U1 40* * 7HU 7HS 7AVw 7hU 78 78 104 104 ) PI 1021; 141 ' 163 by Dow Jones 4i Co.: American stocks In London strong U to per cent above parity. Hatber better toae la general London market. Comptroller of cotreticr will rigidly en force new bank law, which entails some of loan surplus. month will Tretwat _ sat In Ita history. Home demand for stocks In loan crowd, especially Ht. |*anl. Copper, Baltimore nud Onto and Pennsylvania. Hlxteen roads for third week June show average gross increase 16.13 per rent. Money easier than had been expected at London settlement. President Johnson at 34,000,000. Twelve Industrials advanced .36 par cent. Twenty active railroads advanced .38 per cent Chicago, Jane 27.—The Inter-Ocean nays Weather and crop reports are liecoming thi nil Important factor In the grain markets. It Is too wet In the northwest. It has been toe wet la the southwest. It In not wet enough over parts of northern Illinois, it Is feared there will not lie rain enough over the corn belt In the next few weeks to carry the eorn crop through, and tho hulls who sold oat thHr wheat and corn recently were reinstating their lines yes terday. In oats It haa been reported that the crop Is not promlslug. as some reports claimed the past few days. The hemln sro not ss full <>f kernels as they should lie, and In northern Illinois for a strctrU of thirty-five miles around f’hlrago It has le-en too dry for three weeks for oats. All the conditions yesterday appeared to 1m shaping themselves for another bulge Ik grains. Cash liiislness in wheat In Chicago venter day developed good proportions. Hales were 10.000 No. 1 red at Cr over July c. L f. Buf falo, 40,0» No. 3 hard at 2r under July In store, nnd 46,000 No. I northern at 8c over July In store. Hales of corn for export and domestic were 740,'»••). lie biding lw.00| far export. Hales of oats were 500,nnn to the eastern some time. The sen board reported HO*OXlMrtS. Charters were innd** yesterday for 900,000 LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. Prank Hawkins, president. **/**.. H M Atklnsoo. V. P. Tkoinas C. Erwin, Asst. Cashier. Joseph AT McCord, (Ashler. £ W. fetrs, Asst. Cashier. - Third National Bank Capital .... $200,000.00. Surplus .... $300,000.00. Dr. A. W. r.lkM pat In tb. beat poxalbl. chape. WUh | euch proapett. In view, It will be iltf- j firult to aurtaln sdi-anrco onleoo the, l-»n**:<M.kc.J-J'jr crop aesr. al^yuld nm- teriollxw IVM. L. PBEI. Prxal(J«r. IlOBT. F. MADDOX. Vlrcrrca. MADDOX-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITfO We invite accounts of individuals, coqwrations, banks . and bankers and ofTer the best terms consistent with conservative banking. In our Having* Department we allow Interest At the Rate of 3 1-2 per cent. Compounded 8eml-Annua!ly. NOTES ON GRAIN Pointers on Provisions. Private Wire to Olbert k Clay. Chicago, June 27.—Wheat showed a very strong Tone yesterday, recovering Ita weak 1 pathetic tn hrarlah news. A bull cannot Pit offerings of wheat moderate. Hcalp- era Inclined to be bearish. Valentine Just bought a tittle wheat at SSttc. Think “ mar set will do batter. • Lagan kta been a fair buyers sf Reptem- her wheat. There doesn't seem to Iks much wheat presslug nu the market. all Wheat opened a Utile firmer, without much pressure on the market. Northwest telling of nervousness on crop outlook on account of warm weather following rains. Strength of corn and oats a help to wheat at tho outset. Weather outlook Is for mostly fair over this district, except thunder storms likely over much of It. northern firms an& also by commission houses. Ijocs! crowd sold: would not take much buying to run them In, Corn opened firmer with outside trsde ger and comr _ lugs limited. lats opened coaimlaslou houses. Provisions opened higher with the ad- snee In bogs at yards. Offerings amall. >smsnd scattered and market helped by neeord-Herald: “Developments yesterday In the corn trsde put a new face on the speculative situation. Hales of rash eorn «40.fiW bushels were large enough to Indies tn tImt there might after nil be little corn de livered here on July contracts. Obo of tbo gratifying fomtoroo wos tho reappnrnore of a little new export demand, tns first In quite a number of weeko. Tho large ex port business done early In January for shipment running up to Octobor promises to ho aomotuine of a factor In (bo corn market all summer. “One of the largest grain concerns here reports Hint Its entire purchases of new wnrnt for the year to date do not exceed 25.000 bushels, and It Is doubtful if the nfirrefate purchases of all the houses hero aggregate over 75,000 bushels at country stations. Wet weather delayed threshing aoatbweet Just as the grain was getting a to condition for marketing. more favorable this morning nnd an effort will likely lie tnsilc t»y th.» hears to lie- press prices. Hbould the market work dawn to about low prices of Trsterdny wold cer- heat. Tax# moderate profits to be by pit operators. end tbs market continued at nmetlmdlj tho closing figure® of jentcrilny ilurlng tho en- |tlro morning. Hales at mid-day were only reported that net Ices for about 100.000 hags were Issued. The emnll business would In- illrstn that the long Interest was taking the offee ns fast os the notices reached them. No depression as a result of notice® had been expected here, and the July sitnstlou hnd no Influence on the market. Nor waa there anything In the news to promts a liuiigc - f ■4-l.Mii,. Ilf *.r -1 r•--i<1111 (.111.• “inents. Of the European marks' was unchanged, nnd after opcnlnj partial lower the Hamburg market iBI covered tlie loss, (if the BrnaQlAa market* Hanlon was unchanged, but Hlo derllned 75 rels. ltd elpts were not heavy as compared with Inst year's flgnres. with the two ports reporting 83,0frt bags, against 2a.r«d list year and Jundlahy ft.OOOi agalnat 16,000 Inst year. The rate of Brasilian exchnngo was 1-32(1 lower. OPENING PRICES LITTLEJHANGED GENERAL WEATHER CONDI TIONS MORE FAVORABLE Commission Houses and Bulla Bought Wheat at the Start. Chtcaco, June 37.—Sunshine la badly needed In the northweat. That an-tlnn woo * lore buyer nf wheat her. on th. unfavorable weather condition* In the aprlnc wheat country. Tho prlca rlooed l-84tJ-5o higher. A Sllnnrapollo meoanga aaya that th. bear, up there arc bccomlnff alarmed. Miller* were buy.ro of wheat future. In all th. market* of the country. Com .Iom'S-SOS'Sc blither and nata were up l-iOlc. Hog producta wcr. off a little. Caah anleo were 333.000 bushelo of corn and 131,000 of oat*, but no wheat. L'ash com waa up 1®1 l*<c and outa (alncd J-3c. Primary wheat recelpto 247,000 buali. elo, ayalnot 181,182 n year airo. Corn recelpto #46,000 bu.h.lo, a*aln*( 1,163,000 a year affo. t'learam-co for the day ftS,000 b,i»h. ala nhent, 130,000 corn and 17,000 onta. CHICAGO GRAIN MARKET. Previous Open. High. Low. Clots, c'los**. WHEAT— Jttlyr . 8K-.: I COHN- July. V 83 8314 fe: • S» S 214 OATH- IE - Sit PORK— July. .17,86 lf.S 17.80 Kept. .16.0 16.374 10-75 Jan. ..13,60 25.06 25.00 l.ABl>— Joly. . 3.524 Hept. . 9.00 Oct. .. 0.974 Him:H- July. . 9.874 Kept. . 9.30 Rl]i R.’C 604 Sit 17.30 14.76 25.66 ».«H 8.96 Oct. ..9.074 9.90 • in " r 9-324 9.36 9.0.’4 II'® » 974 J.3-4 i‘nth Wheat—No. 2 red : H; No. 8 hard winter s2ffX4; No l riortlii'rn spring 8IUH6; No. 8 spring ’5*4. 1 Wlu-af Coni .a Oats ... Ilog* .. CHICAGO CAR L0T8. Today. Tot LIVERPOOL GRAIN MARKET. ’<( \ liticlicr. 1:3* p ii imt Jf " 9 SA.,1 Maker. Corn opened S blalicr: 1:30 p. blgbrr; eloaed H to 44 higher. NORTHWEST CARS. NEW YORK COFFEE MARKET. Xrw York, Jane »f.—Followtoa are nprnlng and cinxlng quotatlnna for n>ff«a for tutor, delivery today lu Now York; Opening. Itao January.. ..' .. M7:::::::::: :: iff}!: :: Jin# .. Joly. August Heptcmber October M •* SK» (.7M.78 I.M4.B (.ISA 30 A1SA10 1»* (* ASM.B ISIS 1864.10 In Knnaaa.CH/, and there were 80,000 hu«h- Cl. e l l there yc.tcf.Jxy to go to Mluoeap- ullx for July delivery, fferet* mu|x In wheel by rain, aud ' at',nn. la reported In Mlaenirt. Ohio- and Tcxaa. Mcaanoe from Kanaa. city eaye: ”IUIna pretty (cnenl thronffh- ont Ohlahotua Uat *l*ht. Thla will hold A car nf new wheat from Ohio homo ooM In *t. I.cil* yeaterdor 04 Me. n ub So. 3 red and So. 1 aerthern wheal ‘Illnxr at * premium mror July nnd Mep- tculier a*d with low rradca of corn and onta Prlnalnit the name price aa futuro.. wheat and tba cuwrae xrxln nurkata eaxlly hecaue areranhl crery few der*. and all fiewk. aad abarp rallle. are te he exp. cted to follow w> loc* at theae cuodltlou. Uat. Today. Week. Year. 175 23; 71 ItuT.tb M 15 1 Cblcaio 7 6 8 PRIMARY MOVEMENT. r-.l!.... Ii.u flxnre. «*,(■ the primary mmcnicnt ,,f wheat nnd corn: wha*t—fUcafjHa fo-lny 2t7.o*0 Fm.hrfa, ajr.ln.t ICI.ff.i uu.hela l,i.t year: .hlpmenta today 197,0X1 buxheli, airnli.ot 121/,'J buxhcla laat year. Cor*—Itccclnta today 541,000 btl.liela, axaln.t ua.lni l„i«licl. In.t year; .hln- •Mala tmlay .'O.Ooi Im-liel*. aipilmt 577,Vn huabcla laai year, COTTON SEED OIL MARKET. flaw York. June 3f.—The market for cot. Ion need oil waa artlre and atr„n* con- tlnulno the admin lux tendency develop,et Ir. with early naira of over in Thera K'r , -.?t r :.r 1 . bifidlng bi _ nml also Interests which r • • 11• 1 v lu v-ii M'-nMMcil with tin* bear ► TIim I'H\ lug scntliiK-nr wiih Isrif.-lr In- flseared by the firmues® Jn lard. found the i Jan# * Joly Hcptemher . October ... November , December . a SOUTHERN EXCHANGE Oldoat Established Offlr# South. COTTOI ITOCU-- BOIW MIS Ground Floor Gould Building. Dally market letter and market manual mailed nn application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN CHrmpoidut'i CapKil $750,000 acrtncNCK. tmi nkal dank PHONE 1417. PNbOCHTIAL OLDO m Vsrk. Orftssi. COTTOnVg^ATN, f R 0^.sfe!?S L ST^ N KS D BONDS, He. 2 Wall St., Ftltrt tslldiig, Atlaata. C$. SumUtSt few Verl Cotta■ (kImm. Chief I*ir4 ef b«ft lltm OfUtM Ceffes !«(*•• ft. Chicago Sto<h tuhaamo. Urfool Cottoa Ataotlalloa. How York Coffot t‘<h,ogo. hlaalo Wlru to Horn Vtrfc, Mam Orltaai, Chicago i. C. COTHiA*. Waai Bolt files* 1202. IN. Uiiistf. Sfis4i;4>lMi 291 PIEDMONT BROKERAGE CO., (Incorporated.) Bassmsnt Floor Piedmont Hotel. STOCKS, BONDS. CRAIN. PROVISION*. INVCiTMCNTX, Fast Wlro 8srvlc# from New York, Now Orlo#ns, Chic#go. CORRI0PONOCNTS M. si. SAGE A CO. 4* BSOAOWAV. NKW YOON. tOW. HOTlt. Maaagor local aod loag Dhiaato Bolt hippo 13*1.