The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 29, 1906, Image 11

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EDITED BV \ JOSEPH B. LIVELY^ •sssssssBssssssssssssswmstss THE GEORGIAN’S RECORD OF MARKETS AND FINANCE ^ — 1 r Mr. Lively's 25 years' eipprlrore ] hf P'Utlng nmrkets hi Atbinta and j the Houth has mad** him s re«s J r ognlxed authority in his specialty. J 4sb- ■slightly easier OLD CROP MONTHS DOMINA TED BY JULY. favorable Weather and Crop Ad vices Adversely Influ- > enced Old Crops. July manipulation was the feature at tht opening of the cotton market thla naming. The opening In this option Via steady, but narrowness was ap parent with lluctuatlons of a character that would Indicate that the trade at present does not expect anything sen- ational as a result of the covering of a rumored big short Interest In that option. Tomorrow is notice day on July In New York, and the amount of tenders will be the factor In determin ing the course of prices for the old crop months. If they are promptly Hopped, be they large or small, the chances for a squeeze would be possl- ^The.new crop months opened under light pressure, due to favorable weath er and excellent drop reports: and at midday showed declines of 7 points. Trading was light. • The government monthly crop report will be Issued on July 1. It Is expected to be bullish, but as It Is made up from reports covering the 25th of June, It will not refer to the breaking of the drought In Texas, and the lato favora ble advices as to the growing crop as a result of the Improved crop condi tions from that aectlon; in fact, con ditions are more favorable over the n- tire belt, which, if continued, will in sure a good crop of cotton. The Increased requirements of the world's consumers will keep pace with the Increase In production and the pro ducer can get a fair price for his cot ton. SPOT COT1 ON MARKET. Atlanta—■ Sternly, 10%c. New Vorh—tjulet, 10.80. Sew Orleans—Steady. 11c. Urerpeol—Quiet, d.lisl. Augusta—Steady, lilt at. Isiuls- * ‘ Ssramiuh- RANGE IN NEW ORLEAN8 COTTON The following la the range In cotton futures In New Orleans today: hast Frevioua Open. High, Low. Sole. Close. Cl wo. Aug. liSsi mS itti Mis* mas-si io.smj lent 10.3S-AS 10.44-ta Ofl. .19.27 10.27 10.22 10.22 10.22 3 19.8M1 Not NEWS AND GOSSIP Of the Fleecy Staple. I *fl™t» 'V!re to Ware & Leland. New \ork, June 28.—It looks as If the r fP or , t , u,l f ht ,K “ nr °nnd SO, If llelt * or *h» month are to bo considered as worth while. The Journal of Commoreo saya: "The governing factori In the situation are plain- >> ‘S« weather, the spot situation: the .i t. ',' 11 ...** ,h ® * mo nnt and the dlaposl- uon of the Joly notices here tomorrow and July n be natur* of the government report to be aened neat Toeaday, aa to which, as might be expected, contrary opinions are bold. Tho speculation la not largo, but Its leau- Inga for some time peat hare been to the * ll<, ••'ere I* therefore a anaplclon that If the market la not actually sold out and oversold It la pretty close to so rue such condition aa this. The covering during the ast few dayu by prominent Interests has been on n largo acale." m I.lv k erpool cables: "Steady, featureless Market opened quiet. Very little outside trade. It Ionian and Cone bought ket look* weak The Journal of Commerce this morning *eiula the following aa to conditions: Ten* heaase—Conditiona will show Improvement, clnjr the season Ten to ------ —_—-.joins sro expected from July 6 to 14. The dry westher nsa enabled farmers to keep well up with their work, resulting In desn fields, good cultivation and a healthy plant. A number of sections hare since received helpful rains and with an average season from now on a good yield may be expected. Arkansas—Perfect condition Is reported by a large number of correspondents, some claiming the best prospects ever known. I>ry weather has been favorable to cultiva tion, fields are remarkably .clean, and the plant, though small. Is generally strong and healthy. NO complaints of Insects are ‘ and scarcity of labor Is not gA’ieral. ghta have been detrimental and rain s only Just beginning to be needed In tome June 10.23-25 ¥,1133 — . .in.32 10.32 10.25 10.28 10.26 10.84-35 Jan. .1034 10.36 10.32 10.|2 10.32-33 10.40-42 Peh 10.36-33 llrh 10.46-47 10:63-65 Closed sternly. RANGE IN NEW YORK COTTON, k The fnllowlug Is the range In cotton Tatures In New York today: ' - , least Previous Op,n. High. Low. Sale. Clo*. CIrog . ii£» io.ii mh-is. lo.w-ti Ang. ,10.» 10.12 10.3 10.3 10.27-3 10.J0-I1 «ept .10 25 10.* 10.J7 10.3 10.a-». 10.5.JJ Ikt. .10.2* 10.3* 10.3 10.21 10.26-27 10.3-3 Nnv 10227.29 10.27-3 1*0. .19.41 10.41 10.73 70.77 10.3-14 10.41-47 l«n. .10.44 10.45 10.3 10.17 10.17-3 10.4S-4J Mi .S. ..... 10.IM0 10.4*48 kch. .19.46 10.47 10.45 10.46 10454* 1063-61 fluid Mtpady. LIVERPOOL COTTON MARKET. lhrriMM)l, June 28, 12:15 p.m.—4 ntton, Riot, demand quiet, with prices steady; middling uplands, 6.1M. Hnles, 6,000; , lf*n. 5,900: speculation and export# 600. Isrelpts, tf.000; American, 6,100. Futures opened steady. openli line July W-Aug. lag.-Kept. Iqn.-Oct. Oft-Nov. Frtvlona w- dpqfc. SiS 6.7*5.77 6.78 0*3*. *2 flSl.fi .Ml ■ :: Btili Ip | HT 7 VSVS VS Closed quiet. „ TODAY’S PORT RECEIPTS. The following table shows receipts at the fwta today, compared with the asms day ■it year: 1 the cotton belt; temperatures are high. The market la weak under moderate sell ing. Buying order* are scarce. Glbert A Clay'end Mason Smith sold July down. Local warehouse stocks today 115,580. against 116,629 yesterday, 142,307 June 1st. 114,321 last year. Orleans and bid the market has no buying power. At times . . -- — *-•- • were selling out 60 points. Spots About 300 have SELL OUT STOCKS WAS THE RESPONSE.. Was the Dominant Influence at the Opening—London a Heavy Salley. liquidation at the outset of today's deal Ini:-* bud I pretty giMii-rnlly t**d, and these autlrlpatlous were not deceived. tlty "at the market." In addition to this, and of more Importance, was the further throwing over of holdings by tho pools and cliques who had become thoroughly alarmed at the failure of their efforts *- rS S tem the tide of ipw^PI . - ays. The combined result of the heavy offerings from thes»* two sources was n B ib-I «*f deuinrnllrutioii lnsilng through s first hour of business, la the course of which all tho leading Issues went well be low yesterday's low level. At the low figures of the morning there were evidences for the first time of buying of a solid character, picking up atocks quietly as they fell from the hands of frightened speculators. This buying was very heavy and persistent In all directions. and by midday had begun to make Itself felt In no uucertnln manner. Prices rose'very rapidly, and when the announcement wna made of $4,000,000 Import gold engaged, prices were carried up for aubstar*' - on the day, •stantlal gains lrures showed declines. . ill 4 points. Amalgamate) ” ^ fochlc _ s^ was 4 „ _ lower, Missouri Pacific lost 14. Northern Pacific 14. Canadian Pacific. Colorado !■ uel. Erie and Illinois Central lost 4 to 4. The chief factor In the market so far ..Mtoy hts been the liquidation nt tile opening and In the flrat few minutes of speculative holdings. Brokers .doing the largest business said that the cads for margins was almost ** response was led. It was i iant influence at the opening. shares were sold here. In the first hour for London account, Governments unchanged. Other bonds Irregular. • THE WEATHER. said tnst the cans ror tost without precedent, and is. to sell out the stocks this selling that was the Private Wli New ~ was Wire to Glbert A Clay., . . _ York, Jane ^—Liverpool at 12:30 p.m., was 1 and 2 higher, was expected to he 3 and. 3 higher. JH Ipfiir, and wc aee io reaeon for extreme approbonalon. Tarrott blading 10.28c For 6,000 August. Map la clear and comparatively dry, only light «catt»rrd rains nnvlng ocrorrrd In widely m’poratcd loralltici of bell. Tba wratern format Indicates partly cloud, weather tnnlfht and Frida, for 8oath.ro Taut, .ml for tb. lwl.net of tho district showers nnd thunder .tonus with cooler wr.ther, Rastern forecast Indicates for Eastern Florida occasional rains Frida,. For tba LOCAL FORECAST. , , Atlanta and Vlelnlt,-Oeu.rall, fair to night and Frida,. WEATHER*CONDITION8. ■ The pressure has built up over tho eastern half of the mat, during the post 21 hours, and Is highest over northern Alabama. E tiona of th* area* of high and lour sure are causing high temperatures nt •Ir alt stations rast of the one hun drrdtlt meridian, tho laotherm of 70 degreea running from the,northern border of new England westward Into Booth Dakota, thence aonth Into western Texan. low temperatures prevail at all Itoek, Mouu tain ■tntlona. .... Bhowrra have occurred on the south At* Isntle coast. In Texas, the lower Mlsalsalppl Valle,, the region of the Oreat lakes and the northweat. .. .. .. The conditions favor generally fair wentb cr in thl. avetlou * Local Forecaster. COTTON REGION BULLETIN. For the 24 hours ending at I h. m„ 75th meridian time, Jane 22. 120*. RTATIONS OF ATLANTA DISTRICT. INTERIOR MOVEMENT. UBt« ■•Phis tools v ESTIMATED RECEIPT8. New iirlenna expects TOO to .JO halea, "Inst 2.113 hales aetnal taat year: Os Ives- LOW to 1.600 1st lea, against 2.70* letunl last year: Houston expect* . italnit 2.57* actual last year. BUERT A CLAY'8 DAILY .. COTTON LETTER New Orleans. Juna 76.-f.lrerpool waa 'inlet, furnishing the American mar- bit ’' l,h no new* of consequence, bnt. Pring from the eoqree of options. It la ". ur.1 to aaanae that the excellent L?5.T.. 1 «* d * •>, th. crop tho. f.r has JUwed the foreign trade with mg« bearlah **tl»ent«. Spot sale* wer. *000 hale* at fsdvane. of 4 points, while option. «rd with the Iom of one point. Tod.,'. Wl ematon was derold of tho peralatent "r. rll ;g h, shorts that mod* the prevtawe were It not position still ■g to the remarhghle progress mail. l>, the "Ik «» Indicated b, reports from alt eee- rJL2HB« ■‘Oteworthy. In th, L:"^_*»PI»rt vatuen sagged l? r , “ore natural hent. and we * the fart that the Jnl, pori WARE & LELAND’8 DAILY COTTON LETTER York. " ilton • rating bought „ —. came out at the opening and October ran from 10.36c to 10.28c In n few ml notes Thla •how. the general character of the market, anil the nuetnatlnne seem to grow lees rather than more extensive aa the govern ment report of July 8 la approached; Thla In-due la a me shorts to corrr the tendency of Interacts. With the July option pretty well liquidated, nnd mine In Texas anfOcleat to carry many counties through, without ad ditional raolgturo for gome time, the bad nrwa aeems to lie about all nut and soma- thing will be needed to start another de cline. Reports from the Houth Indicate ft- progress ever the greater portion cotton belt, hnt cotton In tiring d In aueh large quantities that It will ’ require a line senaon throughout to raise enough cotton to .apply .11 want* It most not lie forgotten that cotton has ranged between 10c and Me for twelve niontha now nnd consumption has not been realrlcted. The cron baa yet to pea* throe trying months and In the meantime profit able operations will consist In quick profit a through aalen on bulges or purchases on break* New York. June 7».-8eorkn-Uquldnllon again baa swept over the market thla S ornlng. the flrat ware being nt the opea- g and the second a little mere than an boar taler. Around the new low level* nude very good buying wna encouatered, and th* market rallied In tke afternoon to a substantial extent. It aroma to an at — - the orgent liquidation haa thla movement, at leant, and wn repeat oar recommendation to bay good stock* on raids. There Is no res sop for* • vorable of the consumed for abandoning tb* trading position, bat It should he modi fled to the extent that prof- erenro le given to the long side. 16 e taluk the tendency will be toward Improvement, after possibly n little further — Artificial faetora her* .largely '535K& to the present decline, but they eomedmea pre action for moderate profit* tiona of the belt. Oor own advice* today arefraught with. Information of dUhetaa; or. aom* polnte la Ueorgle and Mississippi ‘ 'Trtag that the crap In those sections rare favorably with the heat slfreri ,a entirely a weather aurket and laflu- eare* are governed by the Information re- e^red fto long as conditions remain is taey imw sre/exIstlng roetlment wut be- rome deoldedly awre proeouaeod, while crop ^aree to bo effertlr* must b*of sertojS urofHWttaos to shake the strongly In- GSrtJd poelttoe of the abort* Cl BERT A CLAY '* «■ ALABAMA AT. mONDA. COTTON. OSAIH, cortex. eeovisiON* ATLANTA. OA. E: fggg gSgfe'S ~ c £i US [.SSISs lork Coffes Excbanfs.|.\>w Orlasn* Board «»r iraav ‘■•6.1 and Long DIstanci’Tsl.'phon'.*52n! tIcli *“Vf. R. FAGAN, Mattaoof. •Atlanta, clear..... rchatunooge, eloer........ Colamba* riser UniBearlita, clear tlrronrllle, elver flrifflB. clear .... •Macon, clear Mnntlcrllo, clear Newnan. clear Rome, cloudy... Spartanburg, clear Tnccoa, clear Went Point, elver s ill 3*1 1 are for 12-hour •Minimum temperature* period rudlng *t g a. nt. thla date. ^Ute repofT., June-,27: Tailspooaa, p. cloudy....I 60 | *6 I .a 1 HearyTfalnfall: itaalehurat. La.. 7.W. CENTRAL STATION. Atlanta Anguata Charleston .... « alrrston Ittle Rock ... W".::::::: ilontgomerr ... N*w (irtMDs .. S ktoboma ivannah Vlckstrarg . Wilmington ndicst* DlsL Averages. Temp'lure. Inappreclsbi® rainfall. A# mark*. TT5 K, amounts fir AHaata! C'hsrle.ton Okla. horns districts wer* Immaterial; moderate showera occurred •'W i(AnBIJnv , laical Forecaster. WEATHER IN COTTON BELT. Texas-Tyler, cloudy and pleasant: light rain yesterday. Delta* clear awl warm: e iowrra yestarday. 8aa Antonis, dear and rt. lloaatoa. rlenr und_ptaasant. Mlaataslppl-Visoo City, clear sad hot: good rain yesterday. Grenada, cloudy gad hot: good shower yesterday. Meridian, riser and pleaaant. Wlaoua. etaady and cool; good rail yesterday. Brookhaven aad Jarksoa. dear and warm. Vlehsbarg. efaar and cool. Haslehnret. clear and boTi hard rain last Bight Natali** rlaar Had plea* * Aiahama-IIaataTlIle, riser sad eool: rain veaterday. Montgomery, clear and hot. Opr- Ilka. BrW and Btrmlngham. dear and W T™nroeee—Mrmphl* dear and hot. Chat, faaoogs. dear and ptauaant. Knoxville. C 0*oritS- l At f ta»«. dour and warm. Al bany and America* dear awl hot UMtataaa—Now Orleaa* clear and warm: hard rain yesterday. Shreveport, dear and h Trxas Weather—Waro. cloudy 6); Ard more. fair. 76: Dealaoo. ^fslr. g: Enel* rlowly. 82: JlrKlaley. doody. *: Beaomoot, fair. 76: illltalmro. rloodv. »: Tei*rkaa*. •lear. 72: llano, doody.76: Jnplla. dear, 77; Maekogro, doody. N.v.-da rira* ri; (ialvrstno, dear. >1: I"rt Worth, .tear, 77: Hhermaa. rlaar, 72; Dalta* doody. 76. WEATHER IiTwHEAT BELT. Extreme Xorthwaat-rleoerally doody; (3 to C above: local rata* northwest— Partly doody; 64 to 74 abort; ibowFfa # West aod Southwest—G^aersllj clear; 78 Amalgamated Cooper Atlantic Coast Lina American Hugtr ttsflnlng Anaconda American I^*comotlv<* do preferred American .Smelting Defining do preferred Atchison ; d«» preferred American Cotton Oil Baltimore and Ohio Brooklyn Uapld Transit Cnnndlnn I'acldc Chicago nnd Northwosteru Chesspaake ial Ohio Colorado Fuel and Iron Central Leather.... do preferred Chicago and Great Weatern Chicago. Mllwaukrc nnd 8t. Paul ••••• Delaware and lltidton.. Distiller's Securities..... Erie ;;;; do preferred General Electric Illinois Central American let* Securities Isoulsrllle and Nashvlllo Mexlrnn Central Missouri Pacific New York. Ontario and Weatern National l.nnl.... Northern I'acltlc. New York Central....... l’reaaed Steel Car do. preferred raelfic Mali Bcmilng Bepnblie Steel...... Uoek Islabd.... Houtheru Dartfle.,,, Hoatbcru Balhraj*. do. preferred. RIohr Sheffield Tennessee Coni nnd Iron Texns nnd Tnclflc I iiIhm I'nrifle United States Hteel do. preferred............. VI rglnla-( ’a rollua Chemical do. preferred WoHtcrn Union....... W«Iwish do. preferred Wisconsin Central do. preferred to 73 abort; local ralna In Iowa and II Ilnols. Ohio Vallejr—Fair to clear; 74 to 78 above. weathefTfobecast. I ■ ;i,-l:ll;:l. M i n s I * j ,j, |, W. Fl.»rMn nil.I Ala ha ma—Occasional shower* Thu radar and Friday; light to freult wutli winds. • :••'•:^'1 a uni IliMt Florida -OfVH**l<»nnl showers Thursday and Friday; variable Texas—Iaoenl ahowen ; fresh south winds. West Texas—I'arUjr rlowly Tb ur oider In north portion; Friday lair. Arkansas—Partly cloudy Thursday, i Illinois. Indiana-Continued warm nnd fair weather, except pogtilldy local thunder storms In extreme north tonight or Friday. Missouri, Wisconsin. Io\m. Dakotas, Ne braska, Kansas—Generally fair, except prob- local showiTH: continued warm. . Jrhlgan—Showers nnd conllntied thunder storms tonight and Friday; warmer tonight. Minnesota. Montana—Hhowers tonight and Friday* cooler Friday. COTTON CONSUMPTION IS ADMITTEDLY LARGE New York. Juno H—The Hun says: "July nge portly on that account, though there was a good deal of buying l»y Trie** brokers as well. The New Orleans notices. PSseema, amouuted to not more than 1.001 or 1.600 l«les, whereupon July In the Crescent City bounded upward in n way to set lienrs thinking. Besides, Providence, It. I„ !■» aih iiM-tng wag*'-. Mg spot lnf* re-*<R li.-r** are buying Rteadlly. nnd thero la a sus picion that the market Is short for South ern, If local shorts have greatly redr—^ their lines. There was n gooil deni covering In l>oth crops. Mr. Price seems to have beep short of July and to tuivs bought that month heavily of tote, and also October nnd December, while he has made large Hales of spot cotton, and It was rumored } csterdn v lm had oilier large transactions under way. Tho stock here under the circumstances la, of course, steadily decreasing sod It Is now down to very nearly the same figures as those ‘ a year ngo. Home time bark there was _ big excess over that of ln*t year. The speculative flnwa In the cotton situation are rather disappointing. Liverpool ad vices, spot sales tnere Iwlng light, tba ab sence of outside speculation and a large C umber of bearish crop advices which are ring received by various firms. The gen oral hsllef Is that the crop aa a wbols Is looking well, and that any advances In of cotton throughout the world Is admit- fed Jr large, howsrof tired tho bear# may be of bearing about It. Tomorrow la OS- tie* day on July."—Glbert A Clay. Nsw Orleans. Jana 23.—Tha Times-Demo crat says: "Yesterday's cotton market played Into the bands of the Joly long nnd re-established same of the waning confi dence In that much maligned position. Lo cally, tenders of Joly cotton were In very small volumo, while at New York tho fact that cotton tcnderable at Liverpool may bo taken over and exported nt n profit helped the option along. Meanwhile mid- summer trail manlpnlailona ware enabled “ comfort of July aborts, is were they (u position the llttlo fellows poin- ueie snrety msrnr ns the current bullish lofSOa Is concerned. Thus, the situation In tho old crop, while distinctly favoring tomo of tho contentions of high price man. Involves a rather well-defined element of nvo generally oeguu to nnq logic in the alls# that the government's crop condition fport for June, will on Its fnco show etorlornllnn, though Informed students of the staple see no reason why the crop . Last month the government report ed the rondltlon as 84.4, as ngnlnst a ten- year average of 84.9. In the big rrop*venr of 19M the monthly averages were June 83, July 88. August 91.4. Hep I ember 84.1. October 75 8. Thus, several rather rntnpU- rated questions arise to mar the clearness of rrop condition guesses, one of which fst Was or was not the June rondltlon rela tively too high."—Ware A Lelnnd. STOCK SALES. 11 a. tile. .. h .. .. •• M 12 noon .. .. h .. •• •• .« 1 P- m W: v#:::::::: :: , 832.600 Shares , 669,000 shares MM0i» Mini res 1,003.800 shares NOTES ON GRAIN Pointers on Provisions. Private Wire to Glbert & Clay. Chicago, June Jfc—Wheat cables a shade hlghnr. Tho Fries Current re|«irts winter harvest progressing favorably. Jndlni are that weather la tnrulng very hot lu th" ii"i iliwrst mid f hi-. < imii'.iht .mi |.-p 14. Mill )|.M\ 6 ruin-. 1*4 11U • • 1 > to I'll - marked apprehension of damage. Lnrce .Minneapolis milling Interests were liberal buyera of their September yesterday aud northwest also bought freely here. Look for higher market. Htlll favor loug able of corn and oats. Cash demand for both excellent. weather to follow. Th* trade Ignored fact that except for some of the early drum wheat, which Is presumably Ini uiune from rust, tho plant uas not yet de \ •doped fur gh t" be «• 11 • !••< t t" .Inin nge from rust. No stalk has yet appeared nnd It will be something new In wheat growing If rust should attack the hlado with serious resales at such a premature stage. Tho trade had In mind, however, the disastrous experiences of 1904 when the rod rust reports were followed by real black rust damage. "A Minneapolis correspondent writes '('•UlsbbTSlile Htri*HH In lining 111 111 t<» til reports of red rust. Wo have never raised a crop but whnt wo had more or less rust. This appears only on the leaves nt the present where fields * roln, and at pvwiiflHHPHpH Improvement will show up with dear weather. Think (ho crop in the north west promise at present to lie as good as - * ve had In several years.' ... r . Jash grain concerns operating there, say that tho yield Is the largest lu ten years." Private Wire to Wsrejk Letand. Chicago. Juno 28.—The crowd la vsre bullish nnd have bought whsat. Loguu solo; also I .like selling. Price Current. Cincinnati: "Winter wheat harvest progressing under favorable condi tions; yield equaling expectations; quality good. Corn In poamou to make rapid somewhat Improved, racking 620,000 hogs, —.— 670f0u ,j , a#t y#ftr# WARE 4 LELAND'S* DAILY COFFEE LETTER. New York, June 21.—The coffee market opened steady and unchanged to #n ad vance of 6 pidnts. Hales to inlditoy only “MO bags. Of the European markets. Javre was unchanged nnd Hamburg un changed to % lower. The Eunqu-mi mnr kets did not respond to the local felines of the previous (fay. hat there was ubthlng I" * ■ ii * •« 1111 iiu 1 * l".\cri III till r. gill II II. "N - from Brazil. The rate cirhnnge waa l-32d 1111:! i • ■«. 11 •••■«*! |»t s hi rc lllicml, 11». - 1 t > ports getting 24,000 bags, against 21.uk (mgs Inst yi nr ami the Jumllnliy 1 s.ihmi, against 21,0'>) last year. With three nioif ■ iimn iii the k-.inoh t<> hear from and re eehits nt the Brasilian porta to date nlmul lU.fHO.OOO bugs, It looks like a eomnierclnl crop of Just alumt 10,260,000 bags, which Is n llttlo over the figures of a year ago mill Just ill-.nt mblwuv I.*-t w •••-n the t il** crop nnd that of two years ago. This Increase In the yield over the small crop of last year la not sufficient to tudlcate y Improvement In the plantations, but If*- ^ reflects rather somewhat better ntlior pr* crops might lie even smaller. Now York, June I7.-Fn!lowlng are opening and closing quotations for roffoo for future delivery today In New York: Opening. Bangs. Close. „ 6.«iJ(»l76 6.7W/6.M .. ti.7fdj4.bd M0Q4" •lay .. •• .. uno uly August September October * November December Closed steady. COTTON SEED OIL MARKET. S Opening. Close. > ™ 24 o.fVi em^isr 1 mm MSltv... M 34»|#344i MKM 3IV4A33 December 31HU3194 3l> t 4r.il\ Closed steady. (T ATLANTA NATIONAL BANK ATLANTA. GA. C. K. CURRIER, President. A. E. THORNTON, Vliu-PruildanL H. T. INMAN, Vlcu-Pr«*ld*nt. GEO. R. DONOVAN, Cuuhlur. JAMES S. FLOYD, Am** Ca*hl«r. Capital. I5W.980.W Surplus and Undivided Profits $500,048.40 We Solicit Your Patronage. PIEDMONT BROKERAGE CO.'S DAILY MARKET LETTER —v York. June 2A—Liverpool snot mar ket was dull agoln todey. spot safea b* Ing only 6,9». and While futures were steady, our opening was at last night's rinsing, and soon weakness developed In tho new crop options owing to more favorable wenther rnndltlooa. It Is exported that the government report on July 1 will show a deterioration of about 3 per rsnt. Liver pool has been a large buyer here of the summer months on the difference between the two markets. At one time the foreign market waa 149 points above New York prices, whereas 90 points difference exists we only look for a trading market for the present. Hiocks-ln the opening hour this morning prices underwent a severe break, and low records were made. After the first hour vigorous support was fnrtheomlng and a sharp rally occurred. The rumor on Amal gamated is that at the tUrectorM’ meeting next week tho etock will be placed on on 8 per rent bade. These Increased dividends ~~ various stocks coming at tho time wb«n till tho his ap- ---.JM When tho SMrfcot Is breaking remarkable railroad earnings are unnotlrM. Th« Atchison reported sn Increase of the attacks upon tbs corporations by government are being overlooked, and bargain hunter will soon make bis 1> Uhi/he) lid for the month of M.»y, and nit Increased dividend Is looked for on this stork. A good scalping market la now on nod quick turns can bs mads. SLIGHTLY LOWER THE RESPONSE IN LIVER POOL WAS SMALL. Rains Fell in Harvest District*, with Further Rains in the Northwest. By Private Leased Wire. Chicago, June 28.—Sentiment on whsat Is badly mixed. There are a few big longs and they are working Industriously to advance prices. Wheat dosed 5-8 d 3-4c lower for the day. 'I’li.i.• w.is less bull new a than In A week or two, while bear news wo* plentiful. Th* Jonea-Inglla rejiort on winter whoat In prlnclpnl statna given a total of 281,000.000 bushels. The grand total H t-'t.nou.oiM). tho Inrgest in tho history of tho country. Tho closing for corn showed that market waa 3-8©6-8c lower. Oat* were l-9©l-4c up to 1-8© l-4c off, and provisions were off a ■hade. CHfCAGO GRAIN MARKET. . I St; Dec. .. MtJ CORN- July .. 8^ Hep. .. 62*1 Dec 60S OATS— July .. 39V6 Hep. .. 8«<I Dec, FORK— July ..lT.ee^H !»ep. 36.80 Jsu. ..14.90 14.80 LARD-^^^H July >p. H - t. .. S.92H HIDKH— July .. 9.30 “ p. .. 9.26 rt. .. 9.02VX 37K 62*4 r.i^ r>:\ f-i 7 . 60% 49*] 39% 38N 3i*.% X,\ 37% ' 36* 17.124 77.00 18.66 14.76 8.70 x ^ 8.86 30% 34> 34 7 k 17.134 PI 80 14.M 8.924 9.324 8174 n ft n 844 614 624 60<4 384 m 8.80 m 9.324 9.26 9.06 7Hu31r; Nn. 1 northern Rprlmr, mV clu, 84v86c; No. 3 spring, 61064c. . Mi^ 87c; No. i NORTHWE8T CARS. rotfnwlng table gives the northwest cars of grain today, last wook nnd last year: I*ast. Last Today. Week. Year. Minneapolis — 61 PRIMARY MOVEMENT. The following figures ino\ 1 incut of wheat and Wheat — Itecelpts 2Cti.'E 239.«»» buBhcla last da, against ^ n—Receipts SDlfino IiusIicIn. iignlnat M7.- CHICAGO CAR LOT8. Today. Tomorrow. LIVERPOOL GRAIN MARKET. Whsat opened 4 hlrhcr; Id higher; eloH«>d unchanged to 4 Coro opened 4 higher; 1:30 p. SOUTHERN EXCHANGE Olflc.st FstnblDhed OfTIrs South. COTTON J —STOCKS BONDS BMII Ground Floor Oould Building. Dally market letter and market manual moiled *n application L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, BRAIN Cormpontut's Capital $250,000 RxrcacNCC. th* mcal ianm PHONE f4tT. PNUOCNTIAL OUM HAVEYOUANYMONEY AHEAD? rfectly ,ufo? RTL'.N'K ubould knoolc ut Is It lavasted whore It Is I* It available now It your door? Prepare yourself to take advantage of opportunity by Inverting your saving* In this bank, where they will earn SV4 per cent COMPOUND INTEREST, be per fectly uafe and available practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 Asa G. Candler, President. W. H. Patterson, Vies*President. A. P. Coles, Cashlar. John 8. Owens, Vice-Prssidsnt. Wm. D. Owens, Asst. Cashier. HUBBARD BROS & CO., Sn Atlanta Office., 319-321 Century Building. Member, New York Cotton Exchange, New Or- letne Cotton Exchange, Liverpool Cotton Aeeo- clelion, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Iluaine*. aolicileil for the above exchange*. Direct wire acrvlce. Correepondrnce Invited. Phone. 454, Long Distance 39. A.S. Hustare, Mgr. WM. L. THEI. Preddeet. ItOBT. F. MADDOX, Vlro Fre* THOS. J. PEEPLES, Caafcler. JAM, C. LEST EH. Aa.'t C'ulller. MADD0X-RUCKER BANKING CO. CAPITAL $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITED Wc invite accounts of individuals, corporation?, banks and bankent and offer the best terms consistent with conservative banking. In our Savings Deportment wa allow Interest at the Rate of 3 1-2 per cent. Compounded Semi-Annually. WARE A L E LAN D COTTON, CRAIN, PROVISIONS, STOCKS, BONDS, He. 2 Will 31.. Peterl lwllC*t. AHeete. Ce. r Wire* (• New York, Now Orleoet, Clklff. Chitsge Botri ot TroBe. Slo<k t Ce'fee f«kjnft. PIEDMONT BROKERAGE CO., (Incorporated.) Bassmsnt Floor Piodment Hotel. STOCKS, SONOS. GRAIN. PROVISIONS. INVKSTMtVTS, Fast Wire Service from Nsw York, Nsw Orleans, Chicago. CORSCSPONDCNTS M. «l. SACK A CO . AM BROADWAY. NEW YORK tow. HOlli. Wont ter. Lott! »»4 leo§ Oitioru f Boll Pbemo 1191.