The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 30, 1906, Image 9

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    FRIDAY, jrxrc rt». irw.
JOSEPH B. LIVELY THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
Mr. Lively** 3? years' experience
,1 rdltlug mnrket* In Atlanta and
tho South has made him i» roc-
osnlzod authority lu hi* specialty.
' DULL UNO LISTLESS
JULY IK NEW ORLEANS
SHARPLY HIGHER.
Late Months Hold Very Steady,
Pending the Government
Report.
Adrle*. from Liverpool were favorable
It (ho npenlmr, hut the clnrtag quotation,
wrro aomewbnt dteaypolntlng, the opening
•4r«nce being lost, probably <lu« to tender.
ft 4.3)0 bale*.
Spot a were marked up 4 points on nit.
of 4,0') balei at 8.14 for middling,
la New York trading In futurea waa dull,
wlrli hualneaa very tuiall oven for n bait
lollday.
duly In Near Orleans bordered on tbs son-
Mtl.mal opening :i points lower ot 10.0.
Tke prlee gras foreed Irregularly up to 11.20,
jmtuatlons both up nml down being wide.
— - -'- aide aaya: “Tb* Jaly
dy held In tbs bands
„ — —i- -I" future course de
pend! entirely on whether or not dellrerles
are made, nnd If no, to what extent"
Another nays: “The efforts of the big holla
are undoubtedly directed toward keeping
He price of July within bounds, for they
•till nave the lesaon of July, 1904, at heart
la that year cotton was oren i
lJrerpool to lie tendered on
bull! bare no desire for a repetition of this
performance nnd are therefore liendlng
their energies to keoji prices down until the
danger of shlpmnts Is over. Likewise they
•re doing their best to keep July tnder
•pots, but with Indifferent successes. With
the price of July higher than spots much
cotton would 'probably lm tendered. Some
P rotore bellere that If July goes much
aer New York will ship a big lot hare,
ml this l« nut probable so long as the dig-
' ' ‘ Liverpool
some of the selling waa
presumably against cotton that will probr
ably 1st shipped from New York.”—Warn X
island. ,
SPOT COTTON MARKET.
Atlanta-Steady. lOftc.
New York—Quiet, 10.80.
New Orleans—Firm, HVhc.
RANGE IN NEW ORLEAN8 COTTON
Tha following la tbs ranga In cotton
futurea In New Orleans today:
Last Prsvlons
pen. High. Low. Sale.. Cloee. Close.
Jaly. .1M» 11.1)
Aug.
' id.
open. man. tow. oaie.. s.ioae. uqm.
. .l3j6 U.30 10.* 11.14 11.14-1? M.9?-fS
. .10.44 10.75 10.61 10.43 10.IS4I 10.57-44
.10.23 10.39 10.33 10.lt 10.23-40 10.40-41
Oct. ,.io.a io.a io.a io.a io.».a w.g-a
10.34-24 10.24-73
m »?ir
lleh. .10.46 10.46 10.46 10.46 10.4T-48 10.
Closed steady.
RANGE IN NEW YORK COTTON.
Tha following Is the range In cotton
futures In New York todny:
Last Prevloui
July .°£ia' mfi 1, lo°iI' mio w.io*
Ang. ..io.a io.a io.a io.i2 io.n-33 lo.a-to
Kent 10.3243 10ill-«2
.io.a io.a io.a io.it lfln-s: lofo-jj
10,41-43 10.41-41
llcb. .10.4* 10.43 .10.44 10.40 10.44-40 10.47-4»
Closed steady.
LIVERPOOL COTTON MARKET.
ton dull, with prices
Uud*. 6.14d. Sales
;»*nilntlon and export ow.
mrrlran 1,500.
Futurea opened iteady.
opening
Ranee.
one
nne-July ......
Jaly Auguat ....
Ana. Sept
«e|ot.-€N«t
“ Xor
...Dec
in.-Feb. ......
“ b March ....
.*d quiet.
... DC Up*
American *.$00;
; receipt! 2.000,
Prsvtou*
CO*. Cbme.
r r.
> v
cuX-
S.MA.77 8 77
5.72-5.00 5.00
5.44-5.00 8.60
6.IM.54 6.64
M
Slit"
S.M-5.C
5.54
IS
5.54-5.67
NEWS AND GOSSIP
Of tho Fleecy Staple.
Private W!re to Glbert * Clay.
New York. June 3U,—LJverpnnl dosed %
« nlcner on this crop and uncbsnjrea
on next. It was expected to hr I I s ber
on July-Aogust and f on ill others.
Journal of Commerce aaya: “A few Jargo
iKfi* fjom tbe west were In iho market
during the day operating In printad go. I
blenched goods, but tbs general tram
and
the general trace
*!* OUlet ana without special feature.
There was a more active movement In
heavy shearings for domestic consumption
at prices lower than those which hare been
inrevalllng openly, euch ee 5 pee cent Vr
four-ytriT54x60.. but In proportior* to lie
production the eele. were InBultesimal and
had no bearing on market renditions except
mo fer ae they were talked of by buyers.’!—
DThe Journal of Commerce make, the July
condition 42.7, egalnet 32.1 lent month and
year.
On the opening call July
from 10.21 down to 10.14 befe
made.
New Orleans, June 40.—Llverpoqj nt t
opening partially responded to onr ndvnn
hut closed disappointingly at practically i
change) prices from yesterday, Waa d
MOVEMENT OP COTTON
DURING PAST WEEK
Secretary Heater, of the New Orleana
■otton Exchange, In hla weekly atateinent
f the movement of cotton for week end
ing yesterday, shows a decrease In tbe
amount brought Into eight, a* compared
with last year, of 55,000 bales, on Increase
of 18,000 over the same tluie In 1104 and an
Increase of 15,000 over 190*.
For the twentymine days of Jnne the to*
talc ahow a decrease under the last year ot
207,000, an Increase over tbe same period
year before last of 112,000, and an Increase
over the same time In 1908 of 86,000.
For ithe 502 days of the season that have
elapsed, the aggregate la behind the 502 days
of last year S,077[000, ahead of the game
‘«r» year before last 521,000 and ahead of
03 by 127.000.
The amount brought Into sight during tha
past week has been 56,885 bales, against 94,*
543 for the seven days ending this date last
ear, 39,223 year before last, and 41,420 for
he same time In 1903: and for the twenty,
nine dajv of June It has beta 249,637,
against 457.040 last year, 137,421 year before
last and 183,662 the same time In 1901.
The movement since September 1 shows
receipts at all United States porta ot 7,647,*
878, against 9.590.511 last year. 7.066.628 year
Indore last and 7.660,760 same time ll 1905.
Overland across tha Mississippi. Ohio and
Potomac rivers to northern mills and Can
ada 921,164, against 1.066,061 last year, 90I,*
960 year before last and 1,064,494 the same
time In 1903; Interior stocks In excess of
those held -at the close of the commercial
year 78,996, against 160,210 last year, 84,141
year before last, and a decrease the same
time In 1901: southern mills* takings 1,996,000,
against l.ttfc.713 last year. 2.762.30 year be
fore Inst and 1,909,766 same time in J903.
These make the total movement for the
802 days of the season from September 1 to
date 10,643,040, against 12,720.49 last /ear,
9,822,118 year before last and 10,116,096 tha
same time In 190*. •
Foreign'exports for the week have been
40,163, against 73.614 iast year, making the
total thus far for the season 6,214,545.
against 5.0S3.&00 last year* a decrease of
'Northern mills' takings and Canada dar
ing tlm past seren days show a decrease
of 2,747. as compared with the correspond
ing period last year, and their total takings
since September 1 have increased 94,040.
Tbe total takings of American mills, north,
south, and Canada, thus far for the season
have been 4,329,661, against 4,148,454 Inst
year. These Include 2.279,601 by northern
spinners, against 2.185.561 _ *
Stocks at the seaboard and the twenty-
nine leading southern Interior canters have
‘ during the week
LITTLE INTEREST
T
MOVEMENT IN STOCKS WAS
VERY NARROW.
Outside Business Was Small.
Bank Statement Not Good
as Expected.
By Prlvuto I .envoi! Win.
New York, Juno 30.—In the .took
market, tho majority of elocko at the
opening allowed decline, extending to
a point In Anaconda, Atlantic Coast
I.In. nml Cmmillun I’aclllc. Tile lust
mentioned rallied l-4c. Huger opened
3-tc lower. Pennsylvania declined 3-4e
In nil. Atchison loet 3-4c. Heading
declined 3-8c nnd Amalgamated and
National Lead I-4c. Union I’aclllc de
clined 3-8c and rallied I-4c.
Price movements, except.in a few of
111" high-priced Ivmics, acre rmn.-u.
and there was little Interest to the
trading on the stock exchange floor
during tho tlrst hour. Outaldo busl-
IICHK was .small, nml no one to
care whether congress adjourned or
not, as long as they could flu la tixna
until the exchange closed to leave the
street.
Governments unchanged. Other
bonds quiet
00000300 OOOCKHJOOOOa
o o
0 8TR0NQ APPROVAL O
43 FOR THE GEORGIAN
O FROM AUTHORITIES.
Atlanta, Go., June 35, 1906.
Mr. Joseph H. Lively,
t f. Market Editor,
The Georgian, City.
Dear Sir: We wish to express
our appreciation ot the very at
tractive market page which The
Georgian la publishing from day
to day. It being one of the moet
complete we have had any ex
perience with.
Youra truly,
LOUIS J. ANDERSON * CO.
Cuatls N. Anderson, Manager.
RANGE OF NEW YORK STOCK MARKET
Jilpcii 1 High'I..1W f('!..»cj’lli,T II",
Anniesniated Copper...........
Atlantic Coast Uue
American Sugar lt.nulog
Anaconda .
American Locomotive * *.
. do preferred
American HmeJUng Refining
do preferred..., .....
Atcblaou
do preferred ..‘I!!!!!!!!!!!*
Ametlcau Cotton Oil .
Baltimore nml Ohio
Brooklyn JInpbl Tranalt ******.
Canntllan 1'aHfle \
Chicago nnd Northwestern...
Chesapeake nn«l Ohio ;
Colorado Fuel and Irou t ..
Central Leather . ,
do preferred *...!•
Chicngi» iiii<l tirertt Western •
Chicago, Milwaukee nnd St. Paul •
Delaware and Hudson ;
Distiller's Securities
Erie
do preferred
General Electric
Illinois Central
American Ice Securities,
l/onlsvllle and Nashrllle.
Mexican Central
.Mlnsourl Pacific
New York. Ontario and Western
Nntlonnl I^oad
Northern Pacific *
New York Central
Norfolk aud Western..
l'ennsylvanla
■people's
1'ressed S
do. t»referred.
i»aclflc Mall •
Bending ,
Itcpnhllc Steel
Bock Inland,.
do. preferred
United StHtcs Itnbber ,u,„.
do preferred
Southern l*nclflc .i..,.
Southern Bnllway
do. preferred. ,L
rviivoa-ShelTleld
Tennessee .Coal and Iron
Texas and Pacific ........it
United States Steel
do. preferred
Virrlula-Carollna Chemical.
do. preferred
Western Union
Wabash
do. preferred
Wisconsin Central
do. preferred
BUYING OF COTTON
OF GOOD CHARACTER
riw dav, they
and advaoevu
uf Inlying by
ilMrMMd
th, week 33.774 Imlea,
agalo.t a dKrnw during th. cornapondlng
tieriod la.t w«*on of tbjtt nod ar# now
96.306 amall.r than nt thl. ilat. In 1906.
Including stock, left over »t port, and
..itorlor town, from th. laat crop »»d th.
number of hal*. brought Into light thna
.. —- aqpply to dat.
for th. oh
period loat p*r.
> world', vial hi, .upply of rntton. a.
, up by Bwretary lIMfar, of tha New
,na cotton exchange, ahowa a deeveaae
TO."IVY'S PORT RECEIPTS.
ne following table ahowa i
Ujai today, compared with
v ESTIMATED RECEIPT8.
New Orleana exneeta 40# to 440 hales,
■ealnat 1.11, actual laat year. (Jalvoton.
to 3,000. again,t 2,243 aettttl,
lloiiatoo, 1^00 to 1400. against 3
«*t year.
THE DRY GOODS MARKET.
By Private lenol JVIff ...
New York, June 30.—The dry goods mar
Let was quiet. Cdlton
sflfersssH-e
Western operators. r
57 r hSTCS2S.7 ‘
■•nla and Bulgaria.
,'rpmS'ln Row
|Mkla Boat
THE WORLD'S VI8IBLE
8UPPLY OF COTTON
The
Grlnns'
for the ’week ended” yeaterdav of 137.545.
ssJsi.Vf'T^ in* ^'SLd'*?' *^*-
or«.«s ^
... 041 laat year and 3.037,903
yaar before la.t. Of th). the total of
American cotton la 1.769,4?? agalnat 1.JM.01I
laat week. 2.181.041 teat year arid 1.(6:,*»
year before teat, and of all oth«- klnde,
J< ’fhe*total woriSte rlelhle*aoppir of cotton
an abort ahowa a decrease compare,! with
laat week of 137.445. a decrease compared
with laet year of 32.873 and an Increase
compered with year hefor. la.t of 1,044/-
Ofthe worid’a visible supply ofcoitnn
9 nor
96.400. agalnat 115,000
wg Waa
l, agilnat K4.000 test .— —
474.000 year before la.t. ami In th, 1'nlted
states 630.400. agalnat 411,000 hut year and
764.000 year before telt.
la.t;'in Fj
India S, 904 r .l
CHRONICLE'S WEEKLY
REPORT ON COTTON
New York. Jon. a-VOw taletraph ra-
K t. from the Ronth thl. evening Indicate
t on the who!, the weather hat been
aattifaetory during the week. Reports
from Texas ar* to th. effect that the
drought ha. been broken amt there hat
been tain In almost nil. other localities.
‘M, r.h^r n .rj. , *eh3p t ,h , a m t;
etate."—Glbert A Clay.
GIBERT A CLAY'S DAILY
COTTON LETTER
Uvwpoof'mart.f’ii^r^iiESFm’aceord^wlth
^.ife dTr^'C'fSr.
•pot I
Bin’ll ."martoir li«t S:
■making eplendbl
the I nduenee
tercet /r'j-, L, gimpm
Bendld‘ntagrcaa aod'wlthoiit
inWHir,—- of reflected support, prieea
{Sold EJIdoobtedly ahow n not aaraanonabte
■nsccptlblllty to bearish tactic..
■4 E. ALABAMA 6t.
•w York Stock Cxcbang. 'New
7 •* Tork Cotton Biepange >'•
: -W Tork Coffe. Eicnaogr 'New
GIBERT A CLAY
STOCK*. BONO*.
COTTON. CHAIN.
COFFEC. PROVISION*
Vm** 'Hi!'**** Board of Trafia.
&£,«•. rS- " Ex bin*' U, -rpool C<..'o. A.r ’.Tlo
Orlvnns |k»sr«: of I rad* «»sh^ton < i.x r.anj
—. „ -"ye- ^ p A QAN, Manager,
ATLANTA. OA.
0000000 0 0000 0O00000
"stock SALE8.
WARE A. LELAND'S DAILY
COTTON LETTER
New York, Juno 30.-A ahnro advance of
28 points In July cotton In Sctv t»rh
unking the advance 60 points lu two i
lufus«til considerable steadiness In tho
ton market today. Liverpool adrlcoa '
vsry disappointing, In that the Initial
vnnee of 4 to 6 points wns not held,
foreign market closing unchanged for
dny. But tho deslro to buy cotton oil -—
i.nrt of shorts was In evidence nt ^ open
ing, nml prhres ruled steady during, tha en
tire session. An Improvement of 6 to 7
polntn took place In July, and other mouths
advanced fractionally. Reports, from the
Houth show favorable progress of tha crop,
but It is evident there la not enough short
selling at .tho present time on a bosui of
Bteto carry w
nt
tw
dellvrriciir and’ t'ba't any chan*, ln”th. fi-|
vorable tenor of crop account, would And
very little cotton tor eala when Imy.ij at
tempted to pnrchaaa. The utylcrtone of the
[narxet hna ahown moro atrength line, yea-
terday morning than for some time past.r
RECEIPTS OF COTTON
SHOW MARKED DECREASE
Special to The Georgian. ’ ’
Augu.ta, Ga.. June 30.—Yeatcrday cloacl
tbe cotton week, and tha receipt, u com
pered with th. correejKinitlng week te.t
year ahowa a marked decree ee. Tfce total
amount rnelTOl te.t week waa 285 bate,
egalnet 3.613 ot te.t ynr. The Trice of
cotton I. .1.0 good! In fact li la nearly 3c
hlvh.r thl* ynr than It w.« te.t.
There I. being much mid on the “block"
■bout the .melirecelpte, nml It « generally
concee.te.1 that th* crop will be n ahort
oieT The farmer! are arill bolding to what
they have on hand, however, for th. .lock
yeatcnlay wo. 38,1*0, .g.ln.i J6.441 of lo.t
jear.
IcHRONIOlE’B WEEKLY
CROP STATEMENT
Following la th# statistical position o
cotton on Friday, Juno Zt. as made up br
the New York Flnancisl Chronhdc, by prl-
rate leased wire to Wnre & Iceland: <
This least last
Week. Week. tear.
Visible supply.. 5.0W,»t S.M.W
American ....... tWf
Crop la sight....10,4
Far weak......
Port receipt#..,
Stork
Kxports ••••«•*•■
Interior racetpt. 74.:
Int. ahlpmeut... »
lot. etock. 1*7J
TAKINGS OF COTTON
BY WORLD'S SPINNERS
Takings of American cotton by tbe
..orld's spinners, according to Secretary
lfosvsr. Including correctloua, arw as fol-
NEW YORK BANK STATEMENT.
The wrykly atatrment of |h. New York
•eenclated bonk, .howa th. following
changn:
Incrcaea. DocrMM.
neaerre* 11,142,8*
IkMU* < 815.400
?|W'« glix'lii 1.446,300
L**»l6 2.S7LSV)
ll.po.lte .’ 144,700
Circulation 106,700
ATLANTA CLEARING
HOUSE STATEMENT
Today, Jana 30. 1404
Ram* day la.t year
Week
Ham. week la.t year
, 2,419,112.117
. 16.406,444.44
:
. 113,441,034.94
Cloeo,
COTTON SEED OIL MARKET.
New Tork. June 60.—Th* market for cot-
too ***d oil wmb moderately active and
•teafly. There waa trailing in nearly averv
mouth from July to January, but with
prieea ahowlng very little change from
Thunder. The hualneaa waa mainly In July
and Keptemher. In tbe near iKmlrion It fa
arill a walling market, with the trade altll
Indlapoaed to operate until after tbe July
dollvarlsa are placed. Th* new crop do-
•rill waiting on crop dovelop-
... ■ a narrow movement of cotton
la reflected In a Ilka manner In oil for fall
■■■■■SMriSSa^B^ market the
price* unchanged
era A l-elanil.
• Opening.
July
September
October
November «:
r m. 400 July at 36*. 3D0 November al
and 100 November at 3U9.
NEW YORK edPFEE MARKET.
Following Is given the opening and cloning
..Dotations of the New York coffee market
today:
Opening. Closing.
January.. .. ,, „ .. tyno-e.io 6.8M.I6
Febmary.. 6,9041.95 6.904.91
March.. 7.00-7.06 7.00-7.05
April 7.06-7.10 7.10-7.15
May 7.15-7.30 7.15 ' “
Juna ir
July..... .. 6.804.60 *■
7i*
August 6.404.66 5.40 445
septembar.. 5.694.55 5.504,8
October 6.5A4.C5 6.564.40
‘Tovemhcr 5,6T “ “
lecemUur 6.71
Sales, 7,000. CJoaod quiet.
M'CULLOUGH BROS/ FRUIT
AND PRODUCE LETTER
Atlanta, Os., June 96.—A normal demand
prevails on dressed poultry fit quotation
prices. The consumption of such goods Is
piore or less limited during the warm
son now prevailing. Live poultry receipt!
for two days past have been more
excessive, and with tbe continuation of
tame we anticipate the market ahowlng a
alight downward tendency as to valuta.
The egg supply Is more than Is necessary
to meet trade requirement a at present. The
demand la weak: and limited, with prices
ahowlng a decided wtakneae.
The milter ruarfcet h«6 been thoroughly
move the accumulation at any |
Old crop aweet potatoes la a thing of tbs
. ast for the present season. The new crop
will I»eg1n to more In a limited way during
the next two or three weeks.
Very little demand for okra, peppers, cel-
try, cucumbers, egg plants or squash.
Fancy tomatoes sesreo and ready salt at
advanced prices.
Pineapple* pU ntlful and a drag In* the
market at the lowest prices of the season.
receipts for two days alamt
» Jmeet requirements at satisfac
tory prices.
Melons are In light .sui
A
dug superior to
imunn.., w, ,x..mv... ... w.S (WAV/ *F<
of July demand prevailing, scarce and
Ing at high prices.
Lemons are alao showing decided ad-
at points of Importation. Very lit-
ng In oranges.
noninwrsiern marseis iea in ms
In wheat, proapects being for a larger move-
S ent next week. Country kcceptnncea were
itter and tbe trade generally la looking
_ -,r luiuir, ai i rn u, >i
yesterday In the oouthweat were sal
fll»ernl. A Chicago house bought 25.0
sis here on low bids and others pl<
a number of small lota.
Id to l»e
.000 bush-
picked up
New York, June 30.—The Han says: "The
July notices, amounting to ao.noo bide*. h*d
less effect than was expected. It Is not
the first time that the Iwars have luuppm!
out a certain program for a day, only to
find that they had got the cart before f^ie
horse. At any rate, a*‘*
HI tied moderately esrly
»4»on turned the other way
sharply under the Influence
the large apot houses and o _ J
many thmisht this Indicated a Arm under
tone. At least, It Indicated that cotton Is
uot such a drug In the market as the pesal
mists had su -* — '—
oralde, the
"spite* of It* si ft he re
the next criq>, and some private Liverpool
S dvlcea state that the undertone there ts
rm. Home have evened np pending the
K rerninent report which Is to appenr on
Ij 5."—Glbert i$ Clay.
New Orleans, June 50.—'Tlmes-Deinocrst:
"The formation of n pool on Thursday with
emiugh long Interost in July ludd I11 strong
hamla—some thirty or forty thousand bales
—to oqueeso New Orleans shorts out of n
pretty peuny In the event the deal t«ns
out sa expected has complicated the r
Itlon considerably nnd yestei
ffh lcnt coi
linle,
r _ tie Influence
of sentiment gained price ground In the
fare of n Iteansti crop outlook. The spot
market evidenced Improvement, moat of
which was traceable to the strength oj
July contracts and tho promise of a nqueene.
At the moment the situation appears to
Involve some relatively cotisequentinl
:h nothing really Itni
ise of tit*
couqdlcated tho
mer position conslderabl;
local ring scared up s«
lu that option to (most “ *
“■ T«>l» *T—
nlned
mid-
.—irday
spfflclent covering
that aptlon to InmnH It tl a bale. Mean i
ille the new crop through subtle Inn
hllltles, though —
likely to occur liecaui
l>oaal'
portions of the speculative Interest In all
positions and a bureau condition showing
anything less than radical In the general
profeaalonal view will hardly stir up n
whirlwind because the public persistently
refuses to take n hand. The week end
figure! were about a stand off, though bull
ish to the extent of showing a greater rib
crease In the visible supply than 1
same week In any previous year."
1 for tl
."-Wa
THE LIVE STOCK MARKET.
By ITlvate Leased Wire.
Chicago. Jnne 50.—Hog*— Receipts today
11,000. Market good for fair; others weak:
qualify fair; le/f oxer 4.263: bulk I4.72H#
J 80: estimated for Monday 45,000; lip" “
jnillfy
C?io"mix'*d”9*'a©i;«WLimSr’ STaofefla;
rough! I?.:ivsi?.46: plxi 45.iKMr4.60; j-ork.ra
46.73l4C4.77li; good to choir. h**vr 44.750
C*tt|«—K.tlniitcl receipt. 400. M«rk*t
•tP!ilr; qualltr fair: li*er** 444J6.10; cow,
11.364/4.60j ll*lf*n k3.40C4.in: Ollrc* |5C
6.25: good prim* iter, CS.l'Ui.lo; poor to
miHlIula 94CJ.10; .tockor. and feedra 43.70
hhrap—ICa tint, ted |
©7.60; western fc.23©7.76.
Market
,20; west*
tuba |6.25
STOCKS REVIEWED
BY NEW YORK SUN
New York, June 16.—'The Sun says: Prices
of stocks at tha opening were generally a
little lower than they closed Thursday, re
flecting perhaps tbe Influence of tbe lower
range 4if quotations sent over from Ixhi-
•Ion, After • while* prior* rallied imp I Hue
Hinted without any great Hiruigi- lu the
last two hours stocks again developed pro
nounced wenkucM nml fell rapidly with
only a small rally Just before the Hose, on
the decline many of the jtrluHpal storks,
such as Culled States tfb-H rvuimon. Mis
•our! I’aclflc, and Rending tombed lower
~ lira than they haw at any tluir Rian*
■ culmination of the upward movement
.. prices that ensued after the period «.f
lemorallxatlon In the flrst days of May and
* " “ ' ***-* Htcri storks made a* new
—* year. Rsnerlal prnaure
converged upon Northern 1'nHflr. Great
Northern preferred and so-called Hill group
of sureties, while on n very small volume
of trading I'arJflc Mall stock broke heavily.
—Olbcrt ft Clay,
WHEAT WAS UNDER
SELLING PRESSURE
OPENED UNSTEADY TO A
SHADE LOWER.
Heavy Northwest Receipt* and
Good Harvesting Weather
Chief Factors.
By Private Leased Wire.
Chicago, June 30.—Stop ?4*s« so-IIIng wns *
feature and a factor In tho wheat market,
which Hosed HAH* lower for the dny sa
around the bottom prices reached. The re
ceipt of Are cam new Turkey wheat here
showed the longs that tho grain hoa com
menced to move la earn, rit There wna
some wheat sold on short account. The
local longs In wheat are about out- that Is.
the most Important ones, nnd there are
good-sixed short linen In new western sud
S49tithwe*ti'ru nci'oimt.
Corn held np falriy well on shorts cover
ing, the Hose being \ t«» *' 4 r higher, oats
were up Mi to »*c and !»«*« products had
gains or 5 to 26c.
Cash sales here M,000. No. 1 northern sold
here at 8515r.
Primary receipts of wheat :w>,non for tht
nd corn 682.0‘m, compared with J74.006
• lively a year ago.
dny and
and 762,<
CHICAGO GRAIN MARKET.
arket ranged aa fol*
Open. High.
WHEAT—
July. . SI st
Sept. . MU si**
Dec. ..
CORN—
July. . 62U r- 4
fr pt * *
Dec. 50 60Vi
. OATS—
& : 5® | Ti
^VORk-”* '*
July. .17.00 17."1
8*nl. .14.75 U.*3V4
LARD—
July. . 8.75 9M
Hcpt. . 8.97V4 s.f.:*4
Oct. 8.974.. 9.0o
SIDES—
July. . 9.45 9.M
Hept. . 9.X :• 40
Oct. ..9.'J.lR
K0T4
Sis
MVk
S3
m3
S3
9 tT'-i 9.40
9 27% 9.»)
'J 12% 9.01%
PRIMARY MOVEMENT.
The following figures give the primary
movement uf wheat nnd corn:
Whe*f--Re<*«. lifts today :»«>./»»•> bushels,
agnlnst 387,onn i>uhIic|h laat year; Nhlniueiits
toil ay tl.Ou" boahsts, against Imshels
last year.
Corn—Receipts to<lay 682.CO0 Imshels,
agnlnst 762.arO lm«he|s fnst year; shipments
todny Mft.QOQ bushels, iigulust MI.'mi bushels
lost year.
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTON STOCKS BONOS - BRAIN
Ground Floor Gould DulRMng. Daily
market letter nnd market manual
mailed on application.
CHICAGO CAR LOT6.
Wheat
Corn ...
Oats ...
Hogs ..
Today. Tomorrow.
LIVERPOOL GRAIN MARKET.
Cora closed % to H higher.
L. J. ANDERSON ft CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent’s Capital $250,000
acFcaiNcc. tmk ncal bank
SHONE I4IT. PailOENTIAL SLOO
HAVE YOU ANY MONEY AHEAD?
tl It Inveited whero It Is perfectly nufo?
Is it aYtlltblo now It FOr
your door?
KTU.N'E should knock *t
Prepare yourself to tnko advantage of opportunity
by Investing your lavlnga In this bank, whoro they
will earn 3V4 per cent COMPOUND INTERE8T, bo per
fectly safe and available practically on demand.
CENTRAL BANKS TRDST CORPORATION,
CAPITAL -
- - - $500,000.00
Occidental Fruit and Produce Co.
— IMC0KP0HAJIB — 'vs:,, ■
WHOLESALE FRUITS AND PRODUCE
AND CENERAL COMMISSION MERCHANTS.
HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES
THE HUSTLERS
J. M. COPELIN, Pres.
2 N. BROAD ST.
JOS. GENNTISON, Mgr.
ATLANTA, GEORGIA.
Aea G. Candler, Pratid.nL
W. H. Patter.on. Vlee-Preiident. A. P. Cots., Caehler.
John 8. Owen,, Vic«-Pr«»ident. Wm. D. Owen., A.et. C.thl.r.
tear .ud 171.000
la.t year, and 6,.
S3k.%jss atft T«.r£ r fe
teat year, aitd 4JW.01# «h« yrar betora.
PIEDMONT BROKERAGE CO.’S
DAILY COTTON LETTER
New York, J.m 36.—Th. cotton market
tortey ha. bwa telrly iteady tad •iroi*.
SBreJst
•wd tlM Joiraal of Caracrca rtfort
aa lepf*
of ona-st:
market i
[•d q«lt»
W. 16 to
Lacal and L«ng Dietene. T.I.phon. 626*-
market *f**r opnlng 4 to 5 petal
on fhe* old rrop and two points
rm# higher on th# n^w, which w
b#tt#r than du^ ‘ "
tho ehuttmt prl** *t rraterder- Tb. ri*s«
wae Mrady. net «aek«.»6 to ala* pulaia
higher. But a favoraM* taoatUy
port from tb* arnnarat next Tucaday
baa erldcatlj ten dlacoeatad.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER. President. A. E. THORNTON. Vlce-Pr.ild.nt,
H T. INMAN, Vle*-Pr,»ld,nt. OEO. R. DONOVAN, Ceihler.
JAMES 8. FLOYD, A.i’t Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
MADDOX-RUCKER BANKING CO.
CAPITAL
SURPLUS AND PROFITS ...
account* lavrrto
We invite accounts of individuals, corporations, banks
and bankers and oiler the best terms consistent with
conservative banking.
In our Ravings Deportment w# »iu%m fnt#r##t at the Rata of Sl-2 p-'r
cent. Compounded Bamt-Annually.
TJI08. J. PEEPLUA, Cssbtor.
JAM. O. LESTER, Asa't CaaftWr.