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THE ATLANTA GEORGIAN.
!<asra
‘J' 11 * 1 1 "
a
111,1 P"
joseph ruvelyI THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
COTTON FUTURES
HOLD VERY STEADY
LIVERPOOL BEARISH IN ITS
SPOT DEPARTMENT.
y ( w York Opened Slightly Low
er, Bat Recovered on Liber
al Short Covering.
NEWS AND GOSSIP
Of the Fleecy Staple.
Tb« only feature of n bearish nature this
morning la fh* cotton market was the small
Ittes and decline of 3 points In the spot
department In Liverpool. The sales nggro-
nted 5.000 bales at a decline of 3 points;
middling 6.11d.
Futures closed at advances of 2 to 3
^InNew York the opening quotations were
1 to 2 points lower, but prices imrnedl*
itelr improved on shorts covering.
There was some good buying reported
both In New York and New Orleans, duo
fhiefly to renewed strength In the July po-
•itlon. a<» far ns the old crop months are
concerned, while the new cron months were
bought on the theory that the crop Is not
fur enough advanced to Insure a yield In ex-
etas of the world's requirements, estimated
it 1 *'>0.000 boles, and ns the South 1ms only
oore’produced that amount, the bears nre
tot confidant of their position.
The South Is reported short on cotton.
This may or may not be true; but. If true,
the chances art* the cotton will be deliv
ered at a higher price than that at which
they are short, the difference In price go*
log to the speculator.
The reverse would be true If the South
*Thnt"s'speculation, and the shortest way
out of this condition Is for the South to de-
tote its entire attention to the production
of cotton, study trade conditions and mar
ket the cotton when prices suit.
Let the professional, or denier In paper
cotton, have ids way In the marketing of
bis product ,
Supply and demand will govern the price
of the actual stuff.
Interior receipts for the half week, oc
cording to Secretary Hester, aggregate) 6.-
403 bales, against 14,412 last year and 2,630
the year before.
Shipments 13,328 bales, ngnlnst'21,893 last
rear, and 6.101 the year before.
Stocks 153,628 bales.. against 160,453 last
week. 167,960 last year and 73,238 the year
before.
By Private Leased Wire.
New York, June 27.—Continued fine
weather through the cotton belt was offset
today by moderate activity at the opening
inioug Southern shorts. The weather map
showed rain in Texas. At 10:20 a. in. the
market was fairly active and about steady.
SPOT con ON MARKET.
Htvsnnah—Quiet, 10
81. Ixiuls—Quiet, 10T4c.
RANGE IN NEW ORLEAN8 COTTON
' lowing is the range iu cotton
futures In New Orleans today: ,
Last Previous
Open. High. Low. Sale. Close. Close.
line . .... ..... 10.70 10.50
July .10.# 10.M 10.65 10.84 10.83-84 10.68-67
Aug. .10.49 10.63 10.49 10.61 10.6042 10.49*60
Sent .10.# 10.39 10.15 10.39 10.44-46 10.»-»
Oct. .10.3 10.91-10.21 10.80 10.30-31 10.21-22
Nov 10.31-33 10.22-24
Dec. .10.26 10.34 10.25 10.34 10.34-35 10.25-M
J»a. .10.33 10.40 10.33 10.40 10.4043 10.31 -33
Mi'll. .10.44 10.45 10.44 10.43 10.53-55 10.44-46
Closed steady.
RANGE IN NEW YORK COTTON.
The following Is the range in cotton
futures In New York today: ^ ,
I.ant Previous
Jmo *+?!*■ mmi
July. .10.1- 10.19 10.11 10.19 10.19-19 10.11-14
tn. .ims 10.31 M KB Bm jus
»«pt .10.29 -0.31 10.21 10.34 10.32-34 10.M-3
OH. .10.23 10.36 10.33 10.34 10.Sj.*l 10.3-34
N.iv 10.97-33 2031-3*
l'rlintii Win- t.; Wan- & I..-ln,ili
"Market nffeeiecl n (a-
of ** dollT -
38J 5 C c CXCept ort r\ nK * of Tidy. 1 some
» from . Swouiisslon and wire bouses!
Look for ciulet market today.
Scblll buying quite a bit of cotton.
^f°/ k * nD8 .-. JuD J? 27-—Liverpool cables
are not favorable. Spot sales of only 5.000
bales are a bearish argument and at 2 n.
m. futures were unchanged Instead of 1
point up, as due.
j/£]?«?, ne , t Stock of cotton In New Orleans Is
J5ff nl. w v against tt{568 at this time last
yMr* ipnoard 19,TOO, agalust 20,408 last
• f or 100 toles was Issued, but that
Is the only one In sight yet.
Private Wire to Glbert ft Clay.
New York, June 27.-The Journal of Com
merce reports Improvement In crops during
the month In Mississippi and Louisiana. duo
to dry weather, crons well cultivated and
clean and labor sufficient. Plant not large,
but healthy and well fruited. Roll weevil
makes Its appearance In several parishes
la Louisiana. Plorlda condition poor.
Market Improving on local shorts covering
the now crops, which they sold during the
weakness of July yesterday.
Mitchell offered 10,000 October .at 10.30,
New Orleans. June 27.-We understand
the Southwestern Cotton Buyers’ Associa
tion makes the Texas condition 84.5. against
“ 1 The government made
Texas, where It Is fair.
Hsyne offering to sell 10,000 July at 11c.
Market very atrong. despite the excellent
rains that have been so beneficial to the
growing plant.
The man shows light scattered ralnt In
Texas, Mississippi, Alabama and Georgia.
Weather conditions are fairly cloudy and
temperatures nre higher. -• ,
HARD, FIRM TONE
NEARLY ALL ISSUES MAK
ING GOOD GAINS.
I
I«l46 10.B5 10.45 10.45-44 10.31
10.46-43 10.37-33
llfh. .10.41 10.45 10.41 10.45 ln.63-53 10.43-43
(low'd Heady.
LIVERPOOL COTTON~MARKET.
Liverpool, June 27.-12:15 p. m.—Snot rot-
t«n quiet, witli prln*. stead,. MliMllnff
•plana*. Mid. Kale* C.ivni, Aiuerlr.in 4.100;
•p-nilatloa nml export 500; receipt, none,
future, opencil ateody.
(»l>enlutf Pre-loui
Kilnin'. Clo.e. Cloni.
June S.OTi.Kl r.,R6 5.5S
inneJuly 5.93-5.80 5.82-5.83 6.81
JulyAlimiit 5.79-5.80 5.79 6.76
Aux. S. pt 5.77-6.75 6.43
fcpt.-Ort 6.41 6.41
prt.-No. 5.5A-U3 5.64
l.'.XUT ,
i|u> 111
Jan.-Feb. 6.53 6.66
5 M S.S>
5 .-.3 3.51
st
5 s: ;,.r-3
5.635.64
57-6.68 6.548.551
L. J. ANDERSON & CO.’S
DAILY COTTON LETTER
New York, June 27.—Liverpool cables were
n little stronger than looked for this morn-
Jnjj. but sales were again small at 5,000
Our market opened slightly lower than
yesterday's under some pressuro to sell by
timid longs, who feared today's notices In
New Orleans. These notices, however, had
not materialized un to noon, and ns a con
sequence covering by shorts advanced prices
nbout 7 points. Trading, however, was very
quiet and confined nhuost exclusively to the
professionals, who are Inclined to go slow
until the result of notice day is determined.
.The threat of Mr. Price to Issue notices
covcrlug 46.000 bales nets as n damper to
would-be longs.
Weather reports show rain over tho most
of the belt, but In the drouth regions In
Inappreciable quantities.
Cron reports as a whole nre good, bat
this fact has l>e*n discounted by present
prices. It Is believed there Is a big short
interest in practically nil of tho options
and with prices around 10c any little unfa
vorable circumstance would cause this in
terest to run to cover rapidly.
WARE ft LELAND’8
DAILY COTTON LETTER
TODAY’8 PORT RECEIPT8. t
The following table shows receipts at the
gorts ^oday, compared with the same day
Orleans..
Galveston ............
Mobile
Havsnnsh
Charleston
wllmingtoo
X»rf.,lk
Baltimore
York
Boston
Philadelphia .........
Various
Total
B
"(i
INTERIOR MOVEMENT.
ROQltOQ .,,,,
A'lfusU ,
M-mphli ,
Total
»i
v ESTIMATED RECEIPT8.
New Orient)h expects 900 to l.JW btWO,
Jttinst 1.142 nctiml ln«t year; Galveston,
to a. against 1/09 actual last /ear:
Fjuston, 600 to against 2,625 actual last
thVmItal market.
% Private-Leased Wire. ......
>ew York. June 27.—Tin firmer, st %c sd-
vsttce for nearby delivery.
*°PPer unchanged. •*
J>**d was down 5 points,
spelter lost 5 iKiluts.
New Orleans, June 27.—One of tho largest
operators Iu the local market Is the author
of a proverb to tho effect that the market
never goes down on n notice day, espe
cially when It Is expected to gn down.
The troth of this wns well Illustrated by
the course of price* today. For weeks
past the bears have been making threats
about what they vrere going to do In the
way of July tender* which wrre t»»ujfyln*
to the weak long following, and yeT7 even
on tho ononlug today July commenced to
advance and at one time was 14 points
higher than yesterday's dose. Only a' few
hundred bales were tendered and the no
tices did not circulate long beforo they
were stoppd. If on organized attempt Is
being made to manipulate the July position
distinct success hns attended the efforts
of the manipulators. Spots have been kept
well np above futures and July has been
allowed to sag off until tho difference be
tween July and snots Is something appall
ing to any one who wishes to deliver cot
ton. Even with the ndrnnee today July
was always about a quarter of a cent be
low spots, for It wns generally admitted
that middling could not be bought under
Up. Spot holders will think twice, with
the existing good demand for spots, be
fore they flump much cotton on contracts
with the wide spread between contracts
and spots. The weather waa again favor
able oxtr practically the entire belt. Horne
rain fell In the eaatem belt that could
have been dispensed with, but the fireatern
belt continued to get rain .which was gen-
orally taken aa a favorable feature, llut
the good weather broifht out no fresh
selling. 8horta appeared to be too busy
waiting for chance* to take profit* on old
lines, to grasp any chances to put ont
fresh lines. The consequence wn* that
the new crops shared tne advance with
July.
GIBERT ft CLAY’8 DAILY
COTTON LETTER
New Orlenna, June 27.--The Liver-
pool market waa nomewhat disappoint,
lng In J*a earlier aeaaion, due to’the
fact that there waa considerable sell
ing In a spasmodic way of the July
position. Option* Improved allfhtly;
however, later In the day, and closed
2 point* h««her than yestertay, while
spot sales amonnted to 6,000 bales at
a loss of * points. Today, the first
notice day for July delivery, witnessed
exceedingly few tender* in clrcula-
tlotTan* nervout * h "p m 'w2fhr m?
nhowed price, up °“
tensive covering. During tne procee,
of liquidation through which-the July
position li now pualng. Interest In the
hew crop months has con,ld,rably
waned, and the value, of theae |»,l-
tlona have been allowed to follow
the upward tendency of the tnsrket;
neverthele«.4>i«* riUtmnt option, are
dally becoming more vulnerable and
Sore eusceptlble to attack, owing to
the utmost Ideal weather condition
now affecting the crop. It U the grow
ing belief that the recent drought wa,
not sufficiently prolonged to do an>
material damage, and the advent of
rain* vh-ie neededcameMamcwtop-
portune.moment. the drida previous to
Took Profit-Taking Salei in Good
Shape Without Excessive
Reaction.
RANGE OF NEW YORK STOCK MARKET
American Cotton oil
Italtlmor* ami Ohio
Hrookl.Mi ltnpid Transit
ChM
iilia
l’aclflc
By Prlrntc Leased Wire.
New York, June 27.—The prevailing un
certainty on the utoek exchange wa* ra
fleeted thin morning Iu a Botewortby slow
lng down In the trading. Speculators, what
ever their opinions regarding the futt
were very much mixed Tn their view* no
what the Immediate tendency of prices m
and operation* for both accounts were «•
flucted with unusual aiutlon. Amrrli
HtockH In Ieondon, on whnt looked to
chiefly New York buying, came In n half
point to a point higher. The first quota
tlona at the local opening, while frartl>
ally up, were not up to the London lev
anil at once It hecanie evident that specu
lators who had hought on the "turn" ye*
terday were hurrying to realise profit where
they could. I’nder this selling the v .
market declined. The realising sales did
not, however, follow price* down very far,
and there was enough support given to cer
tain stocks to prevent any general develop
ment of weakness After the first hour
bus]oca* grew extremely dull and price*
backed and lilted within a narrow range
showing at noon only slight difference* oi
the day.
Tho stock market opened with a coutln
nation of recovery that wnn in progress at
il Ohip and Southern * Pacific.
Atchison, Steel and Pennsylvania gained
per cent.
Outside of Inter-Metropolitan the stock
market showed a firm tone nil through the
first hour, nearly all the stocks traded In
making gains ranging from Vi to 1V& points
cesslre reaction.
The London trading wa* unimportant, ar-
hltrage brokers buying a few stis-k*
Clines and selling them on rallies.
Governments unchanged. Other bonds are
qutet.
STOCK 8ALE8.
209,290 shnros
, „• 819,000 shares
. M .. .. •• .. .. 477,64)0 share*
,. .. 784.700 share*
..1,096,500 share*
11 *. m..
12 uoon..
1 p. m..
2 j). m..
Total ..
STOCKS REVIEWED
BY NEW YORK SUN
New York, Juno 27.—Tho Sun says: While
tho market yesterday was subjected to a
vigorous bear raid In tho first lionr, wlion
About 500,000 shares changed hands, the
-course of prices wns on tho whole moro fa
vorable to tho bulls than to their adversa
ries, and final quotations Jn moat cases
were above last night’s closing.
The London market continual depressed,
especially In the Knfflr department, where
It was fenred that ono or two' unimportant
houses might not ho able to pass through
the settlement, and Itusslan 4’m also were
lower.
Old romore of an Increased dividend on
American 8me!tlng and llefiiilng were re
vived after announcement wns made of the
action taken l»y tho directors of Anaconda,
and these Induced covering of shorts put
out earlier in the day. Amalgamated Cop-
per naturally reflected tho favorable news
\naconda. both for the reason that thlH
at rout the disquieting reports as to
the condition of the copper trade and be-
rauso It meant additional revenue through
tho ownership of a mnjority of Anncouila
The expectation that congress would
irn before the end of the present week
...... not entirely without Influence in pro
ducing uneasiness la tho ranks of the snort
interest, and ns the market had become
oversold covering on a large scnlo could
only be accomplished In tho face of ad
vancing prices.—Gtbsrt & nay.
ATLANTA MARKETS.
FRUITS AND PRODUCE.
Officially corrected by Atlanta Fruit and
Produce exchange.
Lemons $5 to 95.50.
Limes 75 to SI.
Peaches, per crate, $1 to 11.50.
Plneepmai S3 to 1150, market at present
time well stocked.
Bananas, straights. »*-•• bunch |1.M to
9176. Culls, per bnnvn. 91 to 91 35.
Wtnermelons, 910.00 to 920.00 per 100; da*
ms nd good.
poultbV and country produce—
Live bens 35 to 37*£e; fries 22H to 26c:
broilers 15 to Live ducks, Tekin 30
to 36c; puddle 26 to 27V*r. •
Dressed hens, per lh., 12c to 13c; dressed
turkeys, per lb., 15 to 18c.
Eggs, per dozen, 174 to J8e.
Butter, table, per IR, 20 to 22V4c;.cook-
VEGETABLES.—Irish potatoes. No.
stock 94 barrel; No. 1 stock |3.
Beets, cabbage crates, per crate, 92 to
97.50.
Tomatoes, per crate, 92 to 92.60.
Ben ns, green, per erftte, $1 to IL25; wax
60 to 75c. _ •
Hquasb, yellow, 50 to <5c.
Cucumbers, per crate, 60 to 76c, market j
well stocked. t
Old Irish potatoes, per bushel, 9LS0.
Old sweet potato***. j>er bushel, 91 to 91-25; ,
iew sweet potatoes 11.75 bushel.
Cherries. 24-quart crate, 91.50 to 91-<5. i
r LUU n, unsin, rnvTiaivmi.
FLOUR— rostels Elegant W36; Diamond
patent 16: fancy patent 95 10; half patent
94.10 to 94 'S*. faner 93.90* spring wheat
,_ r Jm , .. choice
whit*, 50c; choice mixed, 49c; Texas rust j
proof, 60c. . . . .
MUAL— Plain wnter ground, per bushel, >
73c? bolted 140-lb. Jute*, per btisbel. «3e. j
Shorts, white. 11.40: medium. 91 36; brown, ■
XL30; pure bran, 91-30; mixed brim, 11.15.
HAY.—Timothy, rholce large bales, *91.10!
do., choice imRll hales 91.14: da. N<>. 1 j
timothy bales, f 1 06; do.. No. 2 91; do.. No. ) I
clover mixed IL05; do., No. 2 closed mixed !
'V.
C r.OVER.—Choice 90c.
The abuve prii-^s are f. o. b. Atlnnts, and
subject to teuaedlate acceptance.
GROCERIES.
St'GAlL—Standard grnnnlated 5c. New i
York Refined 44 to 4V4; plantations 4V4 to
*. Market stronger. „ 1
OFFBE. —Roasted Arbuckle a 915 50; j
bulk, in bags or barrels, S3%r; green 10 b
Market weak.
il Northwestern....
Chesapeake and Ohio
Colorado Fuel nud Iron
Central Leather
do preferred
Chicago and Great Western
Chicago, .Milwaukee nud 8t. Paul.,,,••*•••••««»
Delaware nml Hudson...,
Distiller's Securities
do preferred a.
General Electric
Illinois Central 4.,.,<•«•••••
Amcrlcnti Ice Securities
Loulsvilia nud Nashville
Mexican Central
Missouri Pacific
Now York, Ontario and Western......
National Lend
Northern Pacific
New York Central
Norfolk and Western......
]'sopor* Gas !»••••«••.
Pressed Steel Car
do. preferred
Pacific Mall
Bending
Republic Steel
ltock Island
do. preferred
United Htntos Rubber
* preferred
11 Pacific.,
n Railway.
do.
Rloss Sheffield
Tennessee Coal and Iron
Texas nml Pneifle
Union Pnciflc ...,..*
United States Stool.
do. pr.ferivd
Vlrgtnla-Carollim
da preferred
Western Union...
Wabash #4.........
do.
1 l Cl
r.|Clo*ej i
10041 %4 W4' WS *» l i
1*4, ^<4 , 2444
4 67 6*4
.. 1134; 113^
374
‘lKS
176k*
164
177'i[ 17S I 1754
61 I 614 5!»4
1434, 14'^| 1414
siti w
744
99S
lft24i l ft 24
294 304
117 117%
IT, 74%d mt
I6i>4 1594 K*9S 1W*4| 1<0 '*
197 I HI j 197 197
564' 564 MS 66% 67‘*
49‘* f 454 454 «4. 4«4
374, 37 87 | 36% 37
1 ' 1014 1014
1641 164
1714 176
NOTES ON GRAIN
Pointers on Provisions.
Private Wire to Glbf
-Whei
ne*s of two days l»
ket extremely sensltl
apathetic to luuirlsh
Its
cry
nlnute
Mn
Therefore
bullish
u A bull cannot
»ad under any rondltlona ami
be umncrrffully punished,
favor long side.
lesplte largo re
» ore chartered
.-estern offerings
218 ! 212
784 784
164 161
178^
47.
494 48
734 714
— 203U Rig
135^1 ljW<» 134^
1 Ski
Mt4! 89
44(4
107«
TIPS FLASHED
From Wall Street
Private Wire to GII>ert ft Clay.
New York, June 27—Daniel Odell ft Co.;
‘That a large short Interest exists In tho
stock market wo feel certain, ami tho Ir
regularity that has been experienced. In
the punt two week a or more only encour
agea bearish trader* to Inrreas* Its pro
portions. Day after day the market ha*
declined interruptedly with ttccatlon/il ral-
llea and somebody has been buying stock*.
When congress Is out of tho lline light we
believe the financial situation will bo on
n more fnvoruhle basis here, and with
earnings unprecedented and prosperity gen
eral wo look for umtorlai enhancement In
•took market valuea. Sentiment Is grad-
lly improving, nml an soon ns some of
0 uncertainties now overhanging tho
market abnll have blown over wo expect
a good hull move In stock*.
Now York, June 27—Uptown Intcreata
hlch havo been seen tills morning are
Dt quite ns pessimistic as th<qr have lieon
,jr the last week or ton .lays. By some
It is believed that tho market will l»e con
siderably hotter for tho next few days nt
oast, and that tho improvement will ho
led by St. Paul, Union Pacific, uud South
ern Pneifle. On the other hand, the opin
ion is freely expressed, that while the lead
ing stocks mny go a little higher today,
tiic selling movement will continue. Con-
sorvntlvo observers reiterate the opinion
which they expressed yesterday—namely,
thnt the excellent conditions prevailing
throughout the country will he felt nml
will overbalance the extreme pessimistic
sentiment which Is now so general.
Prlvnto Wire to Ware ft Lclnnd. —
New York, June 27—London strong 4 to
1 ^>er cent up with more Improvement
A better feeling prevails on ennpera due
to Anacomln'a increased dividends, sml It
la natural to supposo that Steels will do
better considering Its large business, pres
ent nml prospective.
Professionals are nt 111 bearish, the short
Interest is very large In the active storks,
ami while attack* nre likely on specialties
in order to affect the general market, don't
* ellcvo they will prove effective.
Baltimore and Ohio at 120 la * 6 per cent
proposition, rml nt nnjthlng under that
believe it it -a great purchase to bold.
With the coming adjournment of con-
ress and slightly easier money conditions,
he stock market should show further lm-
iroveuient today. We do not look for
broadening of speculation, however, and
on any sharp ndvaurc*. would take profits.
Summary of yesterdays stork market
714
mil?
1254
142 .
35 V 4
MI4
El I 36
JW4; 1094
92 92
194 194
624
444 4V4
1074 1074
664
37.
99
IM4
314
1424,
47 | 46
217
per cent abovo parity.
Comptroller of currency will rigidly en-
' new bank law, which entails some
7 of loan* * *“ -
surplus.
especially Ht. Paul, Copper, Baltimore and
Onto and Pennsylvania.
Sixteen road* for third week Juno *how
average grots increase 16.12 per cent.
Money easier than had been expected at
London settlement.
President Johnson nt 94,000,000.
Twelve industrials advanced .36 per cent.
Chicago, June 27—Tho Inter-Ocenn say*:
Weather and crop report* are becoming the
all-important factor In the grain market*.
It is too wet In the northwest. It ha* been
too wet In the southwest. It I* not wet
enough over part* of northern Illinois. It
Is fenred there will not be rain enough
over tho corn belt in the next few week*
to carry the corn crop through, and the
terday.
In oat* It ha* been reported that the
crop is not promising, a* some reports
olMiim»d tlo- pant f44w day*. Tile bends are
not a* full of kernels a* they should be,
and In northern Illinois for a stretch of
thirty-live miles around Chicago It hns
been too dry for three weeks for nat*. All
the conditions yesterday appeared
shaping themselves for another bulge In
grain*.
Cash business in wheat In Chicago yester
day de\eloped good pro|o>rHoiis. Hales were
20,000 No. 2 rod at 6c over July c. I. f. IJuf
falo, 40,0r-) No. 2 hard at 2c under July In
store, ami 45,000 No. % northern at 2c ovor
July In store.
Hale* of corn for export and domes
were 740.000, Including 180,000 for export.
Hale* of oats were 200.0GQ to the eastern
Interior. Duluth sold 200 bushel* No. 1
northern for export, iho first buslr
some time.
The seaboard reported no exports.
Charter* were lundn yesterday for 900,000
Corn hold* very strong
celpts. Tho nrrlvnl* In
for Hhlpment east. The
are lighter. Any purchase or corn around
50c Is not likely to lose money.
Excellent buying of oat* yesterday. Looks
Pit offering* of wheat moderate. Scalp-
*rs Inclined to be bearish. Valentine Just
>ought a little wheat at £34?. Think the
Logan has been n fair huyerr tt Hcpteni-
ier wheat. There doesn’t seem to he much
vhcat pressing on tho market.
telling of nervo
at the outset.
1 little firmer, without
the market. Northwest
utlook on
th"t VnllnB
oats a help to
reavr, Knight, McDougall and Brosseau
much buying to ruu them In.
Corn opened firmer with outside tnidl
larger and commission house* buy lag. O t
faring! limited.
commission houses. Local drovrd sou
Provisions opened higher with the od
vnnee In hog* at yards. Offerlngx small.
Demand scattered and market helped by
r —. .‘cord-Herald: "Developments yesterday
In the eorn trade put a new faco on the
speculative Situation. Hales of cash corn
740.1*30 bushels were large i-mniirli to Indicate
that there might after nil he little corn de
livered here on July contracts. One of the
gratifying fentures was the reappearance
of n little new export demand, the first In
quite ft nuiulior or weeks. The large ex
port business dom* early in January for
shipment running up to October promise*
to bo something of a factor In the corn
market all siiimner.
"One of tlu> largest grain concerns here
renorts that It* ontlro p
) Mr. Lhely's 25 jears' experience
,»f editing markets in Atlanta and
the South hns made hint a rec
ognised authority in his specialty.
OPENING PRICES
LITTLE CHANGED
GENERAL WEATHER CONDI
TIONS MORE FAVORABLE
Commission Houses and Bulla
Bought Wheat at the
Start.
.. for tho year to date .... „ w . . „. v >..
25,0-X) bushel*, nml ft Is doubtful If the
aggregate purchnRes of nil the houses here
aggregate over Tft.fkio hm>he|* at country
stations. Wot weather delayed threshing
sou tiniest Just its the grain wits getting
orkotlr ~
ng.
• :»to rmnlUPin for
rlvate Wire to Ware A Lola ml.
Chicago. Juno 27—Weather condition* are
more favorable this morning and an effort
will likely bo mnde by the boar* to de-
>rca* price* Should the market work down
o nbout low prices of yesterday wold cer
tainly buy wheat. Take moderate profits
for tho present.
rength In coarse grain* nppears to lie
feature this morning. Been some wheat
sold; looks like long stuff. Buying appears
to be by pit operators. *
This market will not stand any selling.
Look* as If tho crowd had taken Iho wheat
this morning.
Chicago, June 27— Sunshine I* badly
needed In tho northwest. That section
wan a large buyer of wheat her# on
tho unfavorable weather condition* in
the spring wheat country. The pric#
closed l-84j'3-8e higher.
A Minneapolis message say* that th#
bear* up there are becoming alarmed.
Miller.* wore buyers of wheat futures In
all the markets of the country.
Corn clone 3-8fr5-8c higher and oats
ero up 1-2®lc. Hog products were
f a little.
CohIi sale* were 282,OnO bushel* of
corn and 123,000 of oats, but no wheat.
i'hhIi torn waa up 1^1 l-4«* and oats
lined 1-2C.
Primary wheat receipts 247,000 bush
els, against 161,182 a year ago.
Corn receipts 945,000 bushels, against
1,152,000 a year ago.
Clearances for the day 238,00ft bush-
ela wheat, 130,000 corn and 17,000 oats.
CHICAGO GRAIN MARKET,
Th<* Chicago grain market ranged is fel*
iws today:
Previous
Open. Hlgb. Low. Close. Close.
WHEAT-
vn 4
Sk
*3%
MS
S3>i
gjj
6'i*4
July.
Sept. .
Dec. .
CORN—
July. . 62
Hcpt. . r.14
Dec. .. to**
OATS—
July. . !#i
Dec. .. 364
PORK—
July. .17.25
Hcpt. .16.83
Jan. ..16.00
LARD—
July. . 8.824
Hcpt. . 9.00
Oct. .. ft.974
HIDE8-
July. . 9.374
Kept. .9.80
Oct• .. 9.074 O.i/lbh 9.024 9 "f.
rash Wheat No. 2 red ftl-WW; No. 2
f/H6; So. 2 hard winter slri&M; Nu-
7ft'd|p2; No. I norlhern spring H6grft7; No.
2 do. *<t4jft6: No. 3 spring K3<fr*4.
394 3*4 394 384
37 364 344 364
17.26 17.20 17.20 17.174
16 874 16.75 16.75 16.774
15.06 16.00 16.00
8.824 8.774 8.774 8.80
9.00 8.924 8.96 8.974
9.00 8.95 8.96 ft.974
9.374 9.324 9.324 »324
CHICAGO CAR LOTS.
Today. Tomorrow.
LIVERPOOL GRAIN MARKET.
Wheat opened *4
4 to 4 higher;
higher.
higher; clo
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.
WARE A LRLAND’S
DAILY COFFEE LETTER.
often market
^ _ss very quiet
nd the market continued nt nrnrtically tic
losing flgure-s of yesterday during the en
tire morning. Hales nt mid-day were on I;
some 10,000 ling*. Including an exchange o
8.000 bags of July for December at point*
It was the flrat July notice day, and it wai
reported that notices for about 100,000 bag*
were Issued. The small IiiirIii
dlcnfo that the long Interest w
coffee II* fnst II* the notices I
No depression ns a result 01
I won expected here, and the July sit
t. No
had no Influenn
there anything In th
change of sentiment <
commitments, of tin
Havre wns unrhangsd.
partial 4 lower the Hamburg
covered the h*n*. Of the ftraxillnn
Hantos wns unchanged, hut Bio d<
tel*. Receipts were not heavy ns
with last year’* figures, with the t
unite
1 nftei opening
IsSa
Tn, ruin nf Iirnzllln
NEW YORK COFFEE MARKET.
New.Yerk, June J7—Following are opening
nd closing quotations for coffee for future
delivery today In New York:
Oprolng.
Itnnge. Close.
isry.. •• .. ,, „„ 6.70-6.75 6u#4.78
mary,, ,, „ ,, ,, 6,7ft H.tt 6.7 7ft
rh ,, ,, „ Hftft ft.!*! 6.W’ 6.88
1 „ „ „ ,. fM'f.CO 6.90A.96
„ „ ,, 7.0) 7 "ft 6!*ft “
NORTHWEST CARS.
Today. Week.
PRIMARY MOVEMENT.
The following figure* give the primary
movement Of wheat and corn:
Wheat-It today 247.000 bushels.
against 161.001 bushels ln*t year; Rhljinients
today 197,000 busliels, against 191,000 bushel*
la el year.
Com—Receipts today 541.000 bushels,
against LI26.*f»» bushels last year; ship
ments today 7H6 0ym bushel*, ngnlnst ft77,UO#
bushels last year.
COTTON SEED OIL MARKET.
New York, Ju
ton seed oil w
tinning the adi
recently, wltl
rc!«. There
27. The
rket for cot-
by l he tii
>aiic||ig tendency developed
nrly *nl«-* «t over 4.«» bar-
* active bidding hv a nnm-
nnd also interests which
ceil Men tilled With the Isir
ntliaent wns largely In
rmness In lard The das#
A’lth vs lues 4 to %c
rj 443*4 25484964
^ #864 M ^»«4
MKltXl 36%#I7
3140844 3 * , Tf | 64
o'er .h,.
td steady
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTON— STOCU—BCIW SUM
Ground Floor Gould Bulldln#. Dally
market letter and market manmu
mailed on application.
portune momem. ins k*-**--- jj. Mafket weak.
the arrival of moisture naving been HicE.-«'arolina 44 to 74c, according
grade. Market very st
CHEEHE—Fancy full
twine. 13%c: brick, I4c. Mark
GIBERT & CLAY
stocks, bonds.
> t ALABAMA ST. C OTTON. C»AI
I’ROVISlOJCH —Hupr
lino
I Xfr.
ilifoi
MADD0X-RUCKER BANKING CO.
I5r. I try salt ex
ATLANTA, OAs
corrze movisiows
1 seas
DrJftx
fat back* V,
1% U«l Crw
I 74. Ite.| (To.
r . ffnn Fx^hange 'Chlrego Board of Trade.
( otton f*x r P" n * |M . *^1 rotrnn Asso. lat!
York Stock Exchange !S*w Orleans cotton .tiVarpooi Cotton As*Fvi*r!ot
_ —- J5S# of^TTadeJttelveitoo Cotton Kxcbaoga fll
Orleans Beard
* ..rate Wires to *11 Eichaoirf
^•$al and Lsng Dlstanse Tiltflitw MSS*
W. R. FAGAN, Manager*
In the best possible shape. With
h prospects In view. It will be dlf-
lit to *u“t*ln advances unlee* the
long-looked-for crop scure Hh-ruld ma-
lerlallze.
$200,000.00
$500,000.00
. invite accounts of individuals, corporations, banks
and bankere and offer the best terras consistent with
conservative banking.
our Havings Department we allow Interest at the Rate of 3 1-2 per
<ent. Compounded Senfl-Annually.
CAPITAL •••••••
SURPLUS AND PROFITS .
ACCOUNTS INVITED
\\
PIEDMONT BROKERAGE .CO.,
(Inoerporated.) Base mint Floor Piodmont Hotol.
•▼OCHS. BONOS. CHAIN, PROVISION*. INVESTMENT*.
F*ot Wlro Eorvioo from Now York, Now Orloono, Chisago.
CORNEfteONOENT*
M. a. *ACE * CO.. <4* laOAOWAV, NEW VOfUt
90#. MOTH. ViM|ir i*<sl *•< 0<i»ssre <00 Pksot MW.