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About Savannah weekly news. (Savannah) 1894-1920 | View Entire Issue (July 26, 1897)
MARKETS UNCHANGED. THE LEADING DEPARTMENTS FIRM WITH A GOOD DEMAND. All of the Offered Stock of Ronin Taken at Current Priced Spirits Turpentine Firm at -25 Cents a Gul lon-low Grade Rosins Partly Ad vanced R Cents a Barrel—Whole sale Markets Steady. Savannah, July 24.—There was a good demand for all of the offerings in the leading departments to-day. The cotton market continued firm and unchanged. 'The reported sales for the day were 113 bales. Spirits turpentine continued firm at 25c, with bids for all of the receipts. Rosin partly advanced 5c on H grade and below and the sales aggregated the amount of the receipts. The wholesale markets were steady and unchanged. The following resume of the different markets will show the tone and the quotations at the close to-day: COTTON. The demand continued good and buyers eucceeded in securing 113 bales. The tone of the market remained firm, with quota tions unchanged. The following were the official spot quo tations at the close of the market at the Cotton Exchange to-day: Good middling Middling I* Low middling Good ordinary Market firm; sales, 113. Savannah Receipts, Exports and Stocks: Receipts this day J Receipts this day last year 316 P.eceipts this day year before last.. Receipts since Sept. 1, 1896 841,689 flame time last year 7t>4,58l Same time year before last 943,226 Exports, coastwise, this day 50 Stock on hand this day 9,241 Same day last year &.084 Receipts and Stocks at the Ports— Receipts this day '■■■• 360 This day last week This day last year 4 ’3 This day year before last 177 Total receipts since Sept. 1, 1896, ..6,606,374 Same time last year 5,155,330 Same time year before last 7,927,634 Stock at the ports to-day 108,341 Stock same day last year 172,634 Daily movements at other ports— Galveston —Quiet; middling, 7%; net re ceipts, 35; sales, 133; stock. 2,297. New Orleans—Firm; middling. 7%; net receipts, 95; gross, 164; sales, 300; stock, 33,578. Mobile-Steady; middling, 7%; net re ceipts, 7; gross, IM; sales, 350; stock, 2,132. Charleston—Firm; middling, 7%; net re ceipts, 12; stock, 10,W. Wilmington—Firm; middling, 8; net re ceipts, 12; stock, 1,212. Norfolk—Firm; middling. 8%; net re ceipts, 58; gross, 470; sales, 17; stock, 1,397. Baltimore—Nominal; middling, 8%; stock 2,963. New York—Quiet; middling. 7 15-16; gross 60; sales, 458, all spinners; stock, 61,143. Boston—Steady; middling, 7 15-16; net re ceipts, 123; gross, 449. Philadelphia-/Firm; middling, 8 3-16; net receipts, 17; stock. 3.812. Daily movements at interior towns— Augusta—Firm; middling, 8; sales, 36; Htock, 1,106. Memphis— Steady; middling, 7 13-16; net receipts, 7; sales. 250; stock, 6,198. St. Louis—Steady; middling, 7 13-16; net receipts, 8; gross, 43; sales, 52; stock, 10,- 430 Cincinnati—Firm; middling, 8%; stock, S 282. ’ Houston—Quiet; middling, 7%; net re ceipts. 9; gross, loti; stock, 1,407. Louisville—Firm; midd, Ing. 8. Exports of Cotton This Day- » 1 New York—Forwarded, 60 bales. New Orleans—To the continent, 1,640 bales. Charleston—Coastwise. 50 bales. Savannah—Coastwise, 50 bales. Norfolk—Coastwise, 412 bales, Exports from all ports this day and thus far this week: To the continent, 1,640 bales. Total exports from all ports since Sept. I. 1896—2,998,557; to France, 699,545; to the continent, 2,135,247. Liverpool, July 24. 1 p. m.—Closing, cot ton, spot quiet and prices unchanged; American middling. 4%d; the sales of the day were 6,000 bales, of which 500 were for speculation and exnort, and Included 11, American; receipts, 1.000, all Ameri can; futures opened steady, with a mod erate demand, closed quiet at the advance; American middling, low middling clause. July, 4.12(f6i. 18d buyers; July-August, 4.11 d buyers; August-fleptember, 4.07 d sellers; Reptember-October, 3.63 d buyers; October- November, 3.57(ir3.58d buyers; November- December, 3.55 d sellers; December-Janu ary, 3.53®>3.Md buyers; January-February, 8.63413. Md sellers; February-March, 3.54 d sellers; March-April, 3.54iy,3.55d value; April-May, 3.55418.56 d sellers. New York. July 24.—The cotton market developed a good deal of irregularity to day, chiefly resulting from the close of August contracts, which opened at a de cline of 4 points and made an irregular rally of 10 points, while tbv rest of the I list, following the opening cull, worked ! within a range of 6 points selling from i 7.43 c to 7.53 c; August sold oft to 7.47 c, but not without a slgzag action., which led to а. more or less current belief that manip ulation. more than any other cause, was nt work. I| was claimed that the rise was caused by a demand from .consumers. The market closed quiet and steady, with prices Anally 2 points lower to 2 points higher; sales, 43,400. New York. July 24. noon.—Cotton futures opened steady; sales, 2.300 bales; January, 7.57 c; February, 7.09 c: March, 7.13 c; April, 7.17 c; July, 7.45 c; August. 7.43 c; September. t.3Bc; OctolwT, 7.07 c; November. 7.02 c; De cember, 7.05 c. New York, July 24. 1 m.—Cotton fu tures closed steady; sales, 73,400; February, 7.11 c; March. 7.14 c; April. 7.17 c: July, 7.500; August, 7.47 c; September. 7.25 c; October. 7.07 c; November. 7.02 c; December, 7.04 c New Orleans, July 24.—Cotton futures quiet; sales, 3,900; July, nominal; August. 7.39u7.41c; September, 6.905! 6.92 c; October* б. 7*08.77c; November, 6.78(<i6.79c; Decem ber. 6.*)9i«81c; January. 6.83<i6.85c; Feb ruary, «.s6©«-88c; March. 6.89<»«.91c. The total receipts since Sept. 1. 1896 have been 9.474 bags, against 10,514 bags for the same time last year. The exports sfnee fspt. I, 1896. have been 9,464 hags, against 965 bags for the same time last year. Savannah Receipts, Exports and Stocks- Received this day j Received same day last year..??????? y> Received samv day year before last g Received past week ’ m I Received same week last year”” ” *53 Received same week year before last im - Receipts since Sept. 1.18 M Sil Receipts sama time .last year 754 "W Receipts same time year before last 943 no Exports this week, coastwise ’ j7 ms Exports Since Sept. 1, 1896 To Great Britain ,e .w, To France 15 To the continent sr » Total foreign .* ‘.'.”*.43M« Total coastwise 419 «t 8 Total exports ??.??835 95S Stock on hand this day Stock on hand same day last year” 773 s Receipts and Stocks at the Ports— ’ Receipts this day 91( This day last week Thia day last year Thia day year before last ISS Receipts past week ’ • 474 Same week last year Same week year before last J'w Total receipts since Hept. |. tsas ”?6.MD>li Same lime laat year ”$ 154 Same time year before last ~\.T »ir <57 Stock at the ports to-day 110,113 Stock same day last year 177,971 WEEKLY COTTON REPORTS. Movement at Interior Towns— Memphis—Receipts, 216; shipments, 1,209; sa.lt* 1 100 Cincinnati—Receipts, 1,008; shipments, fi-IQ» gftlcs 50. Augusta—Net receipts, 80; shipments, 60; sales 139 Louisville—Net receipts, 58; spinners, 59; sales, 59; stock, 140. Houston—Receipts, 752; shipments, 738; sales, 222. ■ St. Louis—Receipts, 169; gross, 1,744; shipments, 3,197; sales, 685. •Movement at the Ports— New York—Net receipts none; gross re •ceipts, 1,906; exports to-Great Britain, 1,- 735; to France, 500; to the continent, 9,084; forwarded,' 1,135; 'sales; 9,266; spinners, 7,- 266. Wilmington—Net receipts, 72; exports coastwise, 712. •Galveston—Receipts, 777; exports coast wise, 2,601; sales, 162: spinners, 142. • Norfolk—Receipts, 65; gross receipts, 265; exports coastwise, 78; sales, 68. • • Baltimore—Receipts, 319; gross receipts, 410; exports to the continent, 101; coast wise, 600. Boston—Receipts, 118; gross receipts, 2,- 002. Philadelphia—Net receipts, 625; exports to Great Britain, 306. Mobile—Net receipts, 10; exports coast wise, 59; sales, 200. Savannah—Net receipts, 91; exports coastwise, 1,048; sales, 824. Charleston—Receipts, 3; exports coast wise, 3,724. New Orleans—Receipts, 354; exports to France, 665; to the continent, 1,678; coast wise, 1,107; sales, 2,250. Comparative statement of net receipts at ail the ports from Sept. 1, 1896, to Fri day evening, July 23, 1897, and from Sept. 1, 1895 to Friday July 24 1896. Receipts Since Sept." 1.‘”11896-97.” |1895-96? ’ Galveston 1,345,156 | 927,136 New Orleans 2,070,397|1,756,172 Mobile 303,224 1 205,914 Savannah 840,435! 753,411 Charleston 399,388| 280,199 Wilmington 234.446] 171,079 Norfolk | 703,947| 338,579 Baltimore 60,614| 44,196 New York 108,7981 98,439 Boston 160,235| 153,936 Philadelphia 48,697] 45,033 West Point 50 143,635 Port Royal 73,662 75,754 Pensacola 67,892 17,603 Brunswick 125,161 74,340 Newport News 9,707 15,472 Texas City 54,245 54,019 ’ total |6,606,01415J54?917 Total foreign exports from all ports since Sept. 1, 1896, arid for the same period in 1897. ’ Ports.”" jGt.'Bt?] Fr’ce. | Cont." New Orleans'??"?? “?| 845,094 ] 422,687|~691.734 Mobile and Pen. ...| 206,722| | 42,738 Galveston | 741.291| 201,595 ] 285,726 Savannah 48,263| 15,334 372,542 Brunswick 103,347] 21,789 Charleston 78,322] 181,554 Port Royal 71,600] Wilmington 95,4311 111,363 Norfolk 148,320| 5,200 45,942 Newport News 9,427] 1,128 New York 329,451| 41,931 292,540 Boston 229,126| 3,292 Baltimore 80,997] 1 82,«ub Philadelphia 11,186| 8,997 450 Jl’otal? 1896-97 |2?998,575699?545]2,133, 607 Stock of cotton at all ports July 23, 1897, and on the same day of the week last year: "Ports— | 1897. | 1896. New Orleans I~ 2,2621 37,813 Mobile .........................| 14,065] 1,556 Galveston | 2,125] 6,624 Savannah ......; 9,2981 7,738 Charleston 10.660 10,859 Wilmington 1,902 4,046 Norfolk 1,369 4,131 New York 61,501 92,171 Other ports 6,966 13,037 "Total , ~ ~|ii0,143ii77,974 Comparative cotton statement for the week ending July 23, 1897, and July 24, 1896: 1897. 1896. Net receipts in all U. S. ports for this week 2,434 6,553 Total receipts 8,606,014 5,154,917 Exports for the week 14,069 27,955 Total exports to date 5,837,608 4,441,975 Stocks at U. 8. ports 101,143 177,974 I Stocks at interior towns .. 26,931 74,708 Stocks at Liverpool 774,000 693,000 Stocks of American afloat for Great Britain 14,000 28,000 New York, July 24.—Riordan & Co. say of cotton: "Nothing of importance has developed to affect the cotton market this week, and prices show no net change of moment. August contracts fluctuated widely in the early part of the week; they declined sharply, but in the last two days they were very strong and recovered the entire loss. The week closed with the shrewdest judges more puzzled than ever, to determine what the immediate future of the market should be. To-day there was little doing. Liverpool was practic ally unchanged, and the opening here was 5 points lower on August, and about the same as last night's figures on the other months. In the first hour there was no pressure, and the market advanced. Au gust was the leader. Towards the close local bulla were selling and part of the improvement was lost. January opened at 7.07 c, advanced to 7.10 c, declined to 7.08 c. and closed at 7.08 c to 7.09 c. with the tone of the market quiet and steady. Al though our crop accounts are not as uni formly favorable as they have been, they are satisfactory, and the continued prev alence of dry weather in Texas is the only menace, as yet, to an enormous yield. There is no general speculation, but senti ment strongly favors a higher market. The bulls are confident and claim that a very large crop will he readily consumed at higher prices. Stocks and wheat have both had good booms, and they predict that cotton will be the next to enjoy one. It is certain that with the world so bare of cotton the early rush of supplies will fall to have its usual force as a depress- 1 ing influence on prices. Good times and good business are confidently expected on ; all sides, and this should encourage those i who are friendly to cotton. For ourselves, 1 we believe that whatever the market may do between now and the time that the new crop will be at its greatest rush to mar ket, the prices will not then look cheap. At the sanic time we recognize that senti ment is against any decline and we advise caution in selling short, except on good advances." WAV Al. stores. I Spirits Turpentine—There was no change I in the situation of the market to-day. I There was a fair demand at the current I price and the offerings were easily dis- I I posed of. At the first call at the Board • I of Trade, the market was bulletined firm lat 25c, with sales of 710 casks. At the last call it was unchanged, with no sales reported. Rosin—The eager demand for the offer ings in rosin sent the price of H and below up 5c a barrel on part sales to day. At the first call the market was bulletined firm, with sales of 4,«73 bar rels. There were no sales reported at the closing of the market. At the opening and closiug the market was bulletined firm at the following quotations: A. B. C $1 anil 25 I $1 55 | D 1 XMil 25 K 1 60 K 1 25U1 30 M 1 65 F 1 30©l 25 N 1 85 I G 1 356»l 40 W G 206 I H 1 JOfil 55 W W 23b Naval Stores Statement- Spirits. Rosin. I Stock on hand April 1. 1897.. 4,836 177,333 | THE WEEKLY NEW (TWO-TIMES-A-WEEK) MONDAY, JULY 26.1897. Received this day 1.251 3,036 Received previously 138,553 354,844 Total 144,640 535,219 Exports to-day 610 9,705 Exports previously 112,202 353,886 Total Since April 1, 1897 112,812 363,591 Stock on hand this day 31,828 1/1,628 Stock same day last year... 32,821 128,944 Receipts same day last year. 1,285 4,774 Charleston, S. C., July 24.—Turpentine firm, 23%c; sales none. Rosin firm; sales, none; A, B, C, D, $1.15; E, $1.20; F, $1.30; G, $1.35; H, $1.45; I, $1.55; K, $1.55; M, $1.65; N. $1.75; W G, $1.90; W W, $2.00. Wilmington, N C., July 24.—Spirits tur pentine dull at receipts, 266 casks. Rosin firm at $1.25; receipts, 737 barrels. Crude turpentine quiet; $1.30; hard, $1.80; virgin, $1.90; receipts, 32 barrels. Tar firm at $1.15; receipts, 51 barrels. New York July 21.—Rosin, steady; strained common to gpod, $1.60<g;i.65. Tur pentine, firmer at 26@26%c. RICE. Common Nominal Fair 3%@3?i Good 4 Prime Rough, 65c to $1 per bushel. FINANCIAL. Money—The market is easy; demand good. Foreign Exchange.—The market is nominal. The following are net Savannah quotations. Commercial, demand, sixty days, $4.85%; ninety days, $4.85%; francs. Paris and Havre, sixty days, 5.18; Swiss, sixty days, 5.19%; marks, sixty days, 95 1-16. Domestic Exchange—Steady. Banks are buying at % per cent, discount and selling as follows: Up to $25, 10c premium; $25 to SSO, 15c premium; SSO to $lO3, 20c premium; S2OO and upwards at par. Securities—Market is quiet with «ome firmness in Central issues. Stocks and Bonds—State Bonds—Georgia 3% per cent, bonds of 1930, 101 bid. 103 asked; Georgia 3% per cent., due 1915, 102 bid, 103% asked; Georgia 4% per cent, bonds, 1915, 114% bld, 115% asked; Georgia 4 per cent.* due 1926, 110% bid, 112 asked; South Carolina 4%5, 108 bid, 109 asked. City Bonds—Atlanta 7 per cent., 104 bid, 105 asked; Augusta 4%5, 1925, 103% bid, 104% asked; Augusta 7 per cent., 112 bid, 113 asked; Augusta 6 per cent., ill bid, 112 asked; Columbus 5 p<r cent., 103>4 o:d, 104 asked; Macon 6 per cent., 114% bid. 116 asked; Maeon •»%», 1926, 103% bid 104 asked. Savannah 5 per cent., quarterly October coupons, 109% bid, 109% asked; Savannah 5 per cent., quarterly August coupons. 109% bld, 110 asked; Charleston 4s, 94 bid. 95 asked. Railroad Bonds.—Savannah, Florida and Western railroad general mortgage bonds, 6 per cent, interest coupons, 113 bid, 114 asked; Savannah, Florida and Western first mortgage 5 per cent, gold bonds, due 1934, 105% bid. 106 asked, and interest; Cen tral Railroad and Banking Company col lateral gold ss, 93 bid, 94 asked; Central of Georgia railway first mortgage ss, 50- year gold bonds, 114 bid, 115 asked; Cen tral of Georgia railway first consolidated mortgage ss, 92% bid, 93% asked; Central of Georgia railway first preferred incomes, 36 bid, 37 asked; Central of Georgia railway, second preferred incomes, 12% * bid, 13% asked; Central of Georgia railway, third preferred incomes, 5 bid, 6 asked; Georgia railroad 6s, 1910, 110 bid, 111 asked; Charlotte, Columbia and Augusta first ss. 105 bid, asked; Charlotte, Columbia and Augusta second mortgage 7s, 113 bid, 115 asked; Georgia Southern and Florida, new ss, 95 bld, 90 asked; South Georgia and Fldrlda first mortgage 7s. 102% bld, 103% asked; South Georgia and Florida second mortgage 7s, 102 bid, 103 asked; Ocean Steamship 5 per cent, bonds, 1926, 100 bid, asked; City and Suburban railroad first mortgage 7 per cent, bonds, 80 bid, S 3 ask ed; Alabama Midland 5 per cent- indicted, 88 b!d,“9o Risked; Brunswick and Western 4s, 65 bid, 70 aaked; South Bound railroad ss, 67% bid, 69% asked; Southern railway 5s 92% bid,93% asked;Georgla and Alabama first preferred ss, 102 bld, 103 asked; Geor gia and Alabama first consols, 78 bid, 79 asked. Railroad Stocks—Augusta and Savan nah, 93 bid, 94 asked, ex-div.; Georgia common, 168 bid, 170 asked, ex-dlv.; South western, 92% bld, 93% asked, ex-div.; At lanta and West Point railroad stock, 101 bid, 102 asked; Atlanta and West Point 6 per cent, certificates, 101 bid, 102 asked; Savannah Construction Company, 69 bid, 70 asked. Gas Stocks—Savannah Gas Light stock, 21 bij, 22 asked, ex-div.; Electric Light and Power Company, 55 bld, 60 asked. Bank Stocks, Etc.—Citizens Bank, 108 bid, 109 asked; Chatham Bank, 44 bld, 44% asked; Germania Bank, 106 bid, 108 asked; Merchants National Bank, 85 bid, 87 ask ed; National Bank of Savannah, 124 bld, 125 asked; Oglethorpe Savings and Trust Company, 102 bld, 103 asked; Southern Bank of the State of Georgia, 150 bid, 155 asked; Savannah Bank and Trust Com pany, 100 bid, 101 asked; Chatham Real Estate and Improvement Company, A, 54% bid, 55% asked: B, 53 bid, 54 asked; Peo ples Savings and Loan Company, 92 bid, 93 asked. Factory Bonds—Augusta Factory 6s, 101 bld, 102 asked; Enterprise Factory 6s, 100 bid, 101 asked; Eagle and Phenix Manu facturing Company, 6 per cent, bonds, 40 bid, 42 asked; Sibley Manufacturing Com pany 6s, 101 bid, 102 asked. Factory Stocks—Savannah Cotton Fac tory, bid, 25 asked; Augusta Factory. 80 bid, 83 asked; Graniteville Factory, 145 bld, 151 asked; Langley Factory, 104 bld, 105% asked; Enterprise Factory, common, 93 bid 96 asked; J. R. King Manufacturing Company, 104 bid. 105 asked; Sibley Manu facturing Company, 70 bld. 76 asked; Sa vannah Brewing Company. bld. 88 asked. MISC ELI ANEOI S MARKETS. Bacon—The market is steady. Smok ed clear sides. 6c; dry salted clear rib sides, 5%c; bellies. 6%c; sugar-cured hams, 10%c. Lard—Market firm; pure in tierces, sc; 50-pound tins, 5%c: compound, in tierces, 4%c; 50-pound tins. 4%e. But ter—Market lower, fair demand: Go shen, 13%<?15c; gilt edge, 17@18c; creamery, 18%*$20c; fancy Elgin, 21@22c. Cheese—Market firm; fancy full cream chease, ll%c; 20-pound average. 10%$jllc. Fish—Mackerel, half-barrel. No. 1. $8.50: ! No. 2. $7.50: No. 3, $6.00; kits. No. 1, $1.25; I No. I, $1.00; No. 3,95 c. Codfish, 1-pound ] bricks, 6%c; 2-pound bricks. 6c. Smoked herring, per box, 30c; Dutch herring, in ] kegs, $1.60; new mullet, half barrels, $3. | Salt—Demand Is fair, and the market ] steady: carload lots, f. o. b.. Liverpool, ] 200-pound sacks, 48c: Virginia. 125-pound | burlap sacks. 32c; ditto 125-pound, cotton, I 48c; bright. 60©66c: fine fancy, 65@S0c. Coffee —Steady: Mocha. 27%c; Java. 26%c; Peaberry, 17%c: Standard No. 1,16 c; No. 3. 15c; No. 3. 14c; No. 4,13 c; No. 5, 12%c; No. 6, ll%c; No. 7, 10%c. Sugar—Equality Prices—Savannah Quo tations: Powdered, S.SOc; standard granu i la ted, 5.06 c; cubes, 5.30 c; confectioners' A, 4.95 c; white extra C. 4.75 c; golden C, 4.37 c. Tone firm. Flour—Easy; patents. $4.75; straights, $4.40; fancy. $4.30; family, $4.00; extra, 53.75, Corn—Market steady: white corn, job lots, 4Te; carload lots, 45c; mixed corn, job lots. 45c; carload, 43c; cracked corn, job lots. 85c sack. Oats—Carload lota, 30c; job lots, 32c. Bran—Job lots, 75c; carload lots, 70c. Hay—Market steady; western, job lots, 83%c: carload lots, 77%. Meal—Pearl, per barrel, $2.20; per sack. ! $1.00; city meal, per sack. 92%c; peari I grits, per barrel, $130; per sack, $1.06; ’ i city grits, SI.OO. I Lemons—Mcrlet quiet; new esc Mes* ■ i slna, per bo-r, 53.75C4.00. Oranges—Messina oranges, nominal. $2.50 C 2.75. Dried Fruit—Apples, evaporated, 6c; I common. 4%&5c. I Raisins—L? L-. $1.75; %-box. $1.10: looee. GO-pound boxes, 7c per pound. Oils—Market steady; demand fair; sig nal, 45@50c; West Virginia, black, 9@l2c; lard, 58@65c; neatsfoot, 60@85c; machinery, 20@30c; linseed, raw, 35c; boiled, 37c; kero sene, Georgia-test, 10c; water white, 11c; fire-proof, 12c; guardian, 11c; deodorized, stove gasolene, 13c. Lime, Calcined Plaster and Cement—Ala bama and Georgia lime in fair demand and selling at 85c per barrel, bulk and carload lot special; calcined plaster, $1.60 per barrel; hair, 4@sc; Rosedale cement, $1.30@4.40; carload lots, special; Portland cement, retail, $2.40; carload lots, $2.10. Cabbage—Northern, barrels, per head, B@9c. Nuts—Almonds, Taragona, 12c; Ivicas, 10%c; walnuts, French, 10c; Naples, 11c; pecans, 10c; Brazils, 6c; filberts, 10c; as sorted nuts, 50-pound and 25-pound boxes, cocoanuts, $3.75 per 100. Peanuts—Ample stock; fair demand; market steady; fancy hand-picked Vir ginia, per pound, 4 1 z £c; hand-picked, per pound. 4c. Onions—Crates, $1.25; barrels, $4.00. Potatoes—lrish, old, $2.00 barrel; new, $2.50@2.75. Shot—Firm; drop to B, $1.25; B to larger, $1.50; bulk, $1.50. Iron—Market very steady; Swede, sc; refined, $1.60 base. Nails—Cut, $1.70 base; wire, $1.95 base. Advance national list of extras, adopted, Dec. 1, 1896. Gun Powder—Per keg, $4.00; half keg, $2.25; quarter keg, $1.2). Champion duck ing, quarter keg, $2.25. Austin, Dupont and Hazard, smokeless, half kegs, quarter kegs, $4.20; 3-pound canister, $2.10; 1-pound canister, 75c. Less 20 to 10 per cent, off. Lumber—Demand, both foreign and do mestic, is firm; ordinary sizes, SU,OO@ 12.00; difficult sizes, $13.00@18.00; flooring, boards, $15.00(322.00; ship stuff, $16.50@20.00; sawn ties, SIO.OO. Poultry—Steady; fair demand; spring chickens, 25c per pair, half-grown to three-quarters grown, 30c to 35c pair; full grown fowls, 50c per pair. Eggs—Market firm; full supply; candled, per dozen, B@9c; country, 2c. less. Syrup—Market quiet; Georgia and Flor ida syrup buying at 22t£@25c; selling at 25 (330 c sugar house at 19@32c; Cuba straight goods, 23@30c; sugar house molasses,'ls@ 20c. Tobacco—Market quiet and steady; smoking, domestic, 22@60c; chewing, com mon, sound, 24@27c; fair, 23@35c; good, 36c. Hides, Wools, Etc.—Hides—The market firm; dry flint, 12c; dry salt, 10c; green salted, Wool—Firm; prime Georgia, free of sand burrs and black wool, 16^0; blacks, 14i4c; burry,s@Bc. Wax, 22c. Tallow, 2c. Deer skins. 15c. Bagging and Ties—The market is steady; jute bagging, 214-pound, 6%@7c; 2-pound 6i<i@Bi4c; 1%-pound, 6c; quotations are for job lots; small lots higher; sea island bag ging, B@Bi4c; standard Arrow ties, steel, 45 pounds, large lots, 80c; small lots, 90c. Dry Goods—The market is steady; de mand brisk; prints, 4@sc; Georgia brown shirtings, 4%c; %. 4%c; 4-4 brown sheet ings, 514 c; white osnaburgs, 7@7%c; checks, 4@sc; brown drillings, s@6i4c. OCEAN FREIGHTS. Cotton—Market firm; rates quoted are per 100 pounds; Boston, per bale, $1.25; New York, per bale, $1.00; Philadelphia, per bale, $1.00; Baltimore, per bale, $1.00; to Liverpool, via New York, 30c; Bremen, < via New York, 38c; Amsterdam, via New York, 43c; Hamburg, via New York, 40c; Genoa, 46c; Reval, 53c; St. Petersburg, 53c. Lumber—By Sall—Freights are steady at ruling rates. Foreign business is more or less nominal. The rates from this and nearby Georgia ports are quoted at $4.00@ $4.50 for a range—including Baltimore and Portladn, Me. Railroad ties, base 44 feet, 16c. Timber rates, 50c@$1.00 higher than’ lumber rates. To the West Indies and Windward, nominal; to Rosario, $12.00@ 13.00; to Buenos Ayres and Montevideo, $10.00@11.00; to Rio Janeiro, $14.00; to Span ish and Mediterranean ports, $11.30(5)11.50; to United Kingdom for orders, nominal for lumber, 4 pounds 5s standard. By Steam—To New York, 75.00; to Phil adelphia, $7.00; to Boston, $8.00; to Balti more, $5.00. Naval Stores—By Sail—The market is firm. Large-sized, Cork for orders, are as follows: Rosin, 2s 6d; for barrels of 310 pounds and 5 per cent, primage; spirits, 3s 9d; Genoa, rosin. 3s 3d@3s Cd; Adriatic, 2s 6d@2s 9d; South American, rosin, 65c per barrel of 296 pounds. Coastwise—Steam— To Boston, 11c per 100 pounds on rosin, 90c on spirits; to New York, rosin, B%c per 100 pounds. WILD RUSH TO BEAT THE TARIFF. The French Liner La Tonraine Gets in Jn»t Too Late. New York, July 24.—The rotunda of the custom house was the scene of the wildest excitement this afternoon. News had been received that the Umbria and La- Touraine were steaming up the bay, and soon the custom house was filled with scores of anxious importers and brokers eagerly awaiting the arrival of the cap tains of the two vessels. A cab dashed up to the building from which Capt. Dutton of the Umbria sprang and ran hastily up stairs. He entered the rotunda at 2:41, bathed in perspiration, and the anxious waiters burst out in cheers. A line was at once formed of brokers and importers, all with entry pa pers made out, while the captain hasten ed to make his returns and present his manifest. A great throng was left anx iously awaiting the arrival of La Tou raine’s commander, but at 2:55 p. m. he had not arrived. The cashier’s office was kept open until 3 o’clock this afternoon, but all the other divisions and the survey ors offices remained open an hour longer. Importers with goods on the French steamer had their representative on hand to tile entries as soon as Capt. Santanelli appeared with his manifest. When at 4 o’clock no Frenchman had arrived, the crowd began to groan and jeer. They gave catcalls and hisses for the Dingley bill and cheers for the Wilson law. It had nearly dispersed when Capt. Santanelli and a representative of the line drove up in a coach. The captain seemed a bit ruffled by the remarks of the brokers as he made his way to the French division and was referred to Mr. Couch. In the I latter’s office he went and tendered his ; manifest, but was told that his vessel 1 could not be entered to-day as he was | several minutes behind time, and the cus | tom house was closed for the day. The I captain then left the building, one of the crowd shouting to him that he had cost them several thousand dollars. Monday's rush at the custom house will be very heavy. To-day's receipts were $361,114. The total for the week was $5,- 669,326. LONDON TIMES PREDICTS WAR. Sealeries and Gold Fields to Cans-? the Conflict. London. July 25.—The Sunday Times, in a sensational article, predicts war between Great Britain and the United States and 1 says another letter upon the seal fisheries , question will follow, but that this will j fall to elicit a protest from Lord Sails- I bury. A new source of trouble, according i I to the Sunday Times, is probable as a re ; suit of the recent gold discoveries upon the Yukon river and its branches. The 1 ■ Sunday Times asserts that confidential communications between Russia and the j United States are being exchanged with a view to contending that the Klondike re- I gions constitute a part of the territory of j Alaska ceded by Russia to the American j ’ cavtrnuietit. * ROBBER TARIFF NOW RULES. THE PRESIDENT SIGNS THE DING LEY BILL. The Signature Attached at the White House About 4 o’clock With a Dainty Pen Bought for the Pur pose by the Author of the Measure. The Bill Passes the Senate at » o’clock by a Vote of 40 to 30. Washington, July 24.—The tariff bill passed its last legislative stage at 3 p. m. to-day, when the Senate, by the decis ive vote of 40 to 30, agreed to the confer ence report on the bill. The announce ment of the result was greeted with en thusiastic applause by the crowded cham ber. This closed the great labor for which the Fifty-fifth congress assembled in ex traordinary session, and after stubborn re sistance, at times threatening a deadlock, the Senate concurred with the House in a resolution for the final adjournment of the session at 9 o’clock to-night. The President’s message for a currency commission was received from the white house, but the House bill creating the commission was not acted on. Thus the 1 closing day was prolific of a series of momentous events, each of which, alone, would have been of extraordinary inter est. An analysis of the vote shows that the affirmative vote was cast by thirty-seven republicans, one democrat (Mr. McEnery), one silver republican (Mr. Jones of Ne vada), and one populist (Mr. Stewart). The negative vote was cast by twenty eight democrats and two populists (Messrs. Harris and Turner). Mr. Teller, silver republican, and two populists, Messrs. Allen and Butler, were present and did not vote. One populist, Mr. Kyle, and one silver republican, Mr. Pettigrew, were absent without pairs, which were equivalent to withholding their votes. Although the result was a foregone con clusion, yet this did not abate the eager interest attaching to the close of the great contest. Early in the day the debate was listless, though enlivened at times with virulent criticisms by Mr. Allen and by a speech from Mr. Burrows of the finance committee. Messrs. Caffery, Morgan and Stewart occupied the time up to 3 o’clock, when the vote was promptly taken. Then came a long parliamentary battle over final adjournment. The opposition endeavored to score a point by compelling a vote on laying the President’s message before the Senate and succeeding in this attacked the majority for refusing to act on the President’s message. The main desire of those opposing adjourn ment was to secure a vote on the Harris resolution calling on the President to stop the sale of the government interests in the Union Pacific railroad. For four hours an acrimonious parliamentary contest was waged. Gradually the tactics of the op position were overcome, and shortly before 7 o'clock Mr. Morgan withdrew further opposition, and the resolution for final adjournment was passed. Complimentary resolutions to the Vice President, Mr. Hobart, were adopted, and at 9 o’clock the final scene was enacted by the formal adjournment of the session. The Dingley bill is now the law of the land. The step necessary was taken at the white house when the President affix ed his signature at 4:04 o'clock to-day. It had been arranged that the President should go to the capitol to perform that function, but owing to uncertainty as to the time that the bill would be ready, that plan was abandoned. The members of the cabinet who are in Washington came to the white house about 3:30 o'clock and assembled with the President in the cab inet room. A few moments before 4 o’clock Repre sentative Dingley appeared, accompan ied by Representative Hager, chairman of the House committee on enrolled bills. They were admitted at once into the pres ence of Mr. McKinley. The latter was sitting quietly at the long cabinet table with Secretary Gage and At torney General McKenna on one side and Postmaster General Gary and Secretary Wilson on the other. He rose and greeted Mr. Dingley and Mr. Hager cordially. The President had several pens at hand, the owners of which had begged they might be used to sign the tariff bill, but Mr. Dingley unexpectedly taking a case from his pocket producel a beautiful mother-of-pearl handled pen, dainty enough for a lady’s use and requested that it be used for the signature. The President recognized the right of Mr. Dingley, though he laughingly commented on the diminutive size of the pen. He then appended his signature to the bill, asked the date, and wrote "July 24th, ap proved," and the bill was an act. The question of the day and hour when the new tariff law will go into operation has been raised at the treasury depart ment. Information has been received that a vessel laden with sugar has been sighted off the capes and probably will enter the harbor at Philadelphia during the after noon. Another vessel with a cargo of wool is in Boston harbor, and other vessels similarly laden are expected to arrive dur ing the day. The question is a new one as far as tar iff bills are concerned. The matter has been considered by the treasury officials, and it is very probable that they will hold that the new act went into effect at 12 o’clock last night. The department, how ever. has ten days before final liquidation in which to determine the question, and no action is likely to be taken before the last of next week at the earliest. SENATE’S. CLOSING SESSION. Detailed Story of the Passage of the Bill. Washington, July 24.—The close of the long and exciting struggle was near at hand when the Senate met at 10 o’clock this morning, under the unanimous agree ment of last night that the final vote be taken at 3 o’clock to-day. Eleven sena tors were on hand when the session open ed and several of these busied themselves with clearing out their desks preparing for departure. The doors were opened at 10:30 o'clock and Mr. Allen of Nebraska resumed his speech in opposition to the tariff conference report. Mr. Allen crit icised the effects of the bill on the farmers. He instanced the barbed wire required by them for fences, on which they were plac ed by the bill at the cold-hearted mercy lof the barbed wire trust. On the other j hand, he declared the money sharps of I Wall street, had already juggled $32,000,000 out of the mere knowledge that the sugar schedule would be ‘adopted. Mr. Caffrey of Louisiana followed »n I criticism of the sugar schedule. He stat . ed that ships from all parts of the world ! were hurrying in with cargoes e* raw ■ sugar, to avoid the duties of the bill. Al j ready eight months’ supply had oeen I brought in. thus cutting off government j revenue to that extent and giving enor -1 mous profits to the trust. • Mr Burrows, a member of the finance committee, then took the floor for one of the few speeches from the republican side of the chamber, speaking at length in de fense of the lumber schedule. Mr. Morgan, dem., of Alabama, then spoke in condemnation of the abandon ing of the stock and bond stamp tax. He said its alleged unconstitutionality was a Action that had been controverted by a score of laws. Mr. Morgan stated that the abandon ment of the stamp tax on bonds and stocks was in the interests of the New York trust. Immediately that the conference report became known Sugar stock went up with a bound until it was said $30,000,000 had been made. The meaning of this, he said, was that the speculators felt secure that their stock transfers were to con tinue without tribute. “And I charge,” exclaimed Mr. Morgan, vehemently, “that the abandonment oc curred under tfle compiand of the sugar trust.” ' f At 2:40 o’clock Mr. Stewart of Nevada took the floor. He said the tariff could not alleviate the distress of the country, and he urged that the main injustice of tariff legislation was the inequalities of the benefits and burdens it carried. The time for the final vote was now al most at hand, and there was an air of eager expectancy throughout the cham ber. The senators had come from the cloak rooms and lobbies until there was hardly a vacant seat on either side of she chamber. Mr. Dingley, the author of the bill, was present, as were alt o other members of t the ways and means Committee, and many 'of the rank and file of the House filled the rear areas, making a semi-circle of earnest faces fronting the presiding officer. The galleries had filled to overflowing, with a goodly repretientation of ladies. But few of the foreign representatives were present, several secretaries of the Japanese and Spanish legations being the only occupants of the diplomatic gallery. At five minutes of three Mr. Stewart was still speaking. He proceeded leisure ly on general tariff and financial topics, continuing until the hour for the final vote. Promptly at 3 o’clock the Vice President announced that the ttime for the final vote had arrived, and directed the roll call to begin. It proceeded .rapidly, and with few interruptions for paiirs. At 3:08 the result was announced—yeas>, 40; nays, 30, as fol lows: Yeas—Messrs. Aldiich, Allison, Baker, Burrows, Carter, Clat’k, Davis, Deboe, El kins, Fairbanks, Foraker, Frye, Gallinger, Gear, Hale, Hansbrough, Hawley, Hoar, Jones of Nevada, ery, McMillan, Mason, Morrill, Nelson, Penrose, Perkins, Plaitt o£ Connecticut, Platt of New York, Pritchard, Proctor, Quay, Sewell, Shoup, Spooner, Stewart, Thurston, Warren, Weiimore—4o. Nays—Messrs. Bate, Bacon, Berry, Caf fery, Chilton, Clay, Cockrell, Daniel, Faulkner, Gorman, Harris, Jones of Ar kansas, Lindsay, Mallory, Martin, Mills, Mitchell, Morgan, Murphy, Pasco, Pettus, Roach, Smith. Tillman|, Turley, Turner, Turpie, Vest, Walthall and Whiter—3o. The following pairs were announced, the first for and the last against the bill: Mr. Chandler with Mr. Cannon, Mr. Cullom with Mr. Gray, Mr. "Wolcott with Mr. George, Mr. Hanna with Mr. Rawlins, Mr. Wellington with Mr. McLaurin, Mr. Man tle with Mr. Kenney, Mr. Wilson with Mr. Heltfeldt. Mr. Hanna voted at first, under the im pression that Mr. Rawlins, with whom he was paired, was present, and, learning of his absence, withdrew his vote. The following senators were present and did not vote: Messrs, Allen, Butler and Teller. Two senators Messrs. Kyle and Petti grew, were absent and not paired. The Senate then went into executive ses sion. The doors were opened at 4 o’clock and business resumed. A message from the House announced that that body had passed a resolution for an adjournment for the two houses at 9 o’clock to-nignt. Mr. Morgan promptly rose for a parlia mentary inquiry. He said the invariable practice was to refer an adjournment res olution to the appropriations committee, and that the pending resolution was open to debate. He asked the chair if the res olution was open to debate. There was sharp discussion as to the parliamentary status of the resolution. Senators on the republican side must have overlooked the fact, suggested Mr. White, that the President of the United States has just sent a message to congress saying it was necessary that we should pass a law creating a currency sion at this session. Ini view of this re quest from the President, senators will hardly Insist on immediate adjournment. Mr. Berry of Arkansas said that back of this motion to adjourn was a plan to kill the Harris resolution relating to the Union Pacific railroad, involving a saving of $50,000,000. Mr. Thurston of Nebraska said the Union Pacific resolution had been brought in well knowing that the tariff conference report was about to come in, and the advocates of the resolution had consumed all that time for debate. After another sharp fight on the Pacific road resolution, and the question of ad journment, Mr. Bacon moved that the President's message be laid before the Senate. On a viva voce vote, the motion prevail ed, the democrats voting solidly and many republicans joining in the affirmative. The message was then read, senators giving close attention. At 7 o’clock the Senate took a recess till B:4S, when it reassembled for a brief con cluding session. Only sixteen senators were present, and the attendance in the galleries was slim. The President’s message recommending a currency commission, was received, and on motion of Mr. Cullom was referred to the finance committee. The House bill for an International mon etary commission was referred to the finance committee. This closed the work. There was a mo mentary lull, and the Vice President an nounced: “The Senate stands adjourned without day.” OFF FOR THE GOLD FIELD*. Relatives of the Vanderbilts on a Pleasure Trip, New York, July 24.—Mr. and Mrs. W. D. Sloane of Morristown, N. J., relatives of the Vanderbilts, left Madison last evening for Alaska. They went in a special car to Buffalo and will proceed to Chicago byway of the great lakes and thence to Seattle. From there they sail for Juneau and will then go overland to Klondike. They have gone for pleasure and have no intention of prospecting. WON’T PAY IO CESIS ON A DOLLAR. The Liabilities of I,aw yer Schiatz Reach $1,000,000. Chicago, 81.. July 24.—The liabilities of Theodore H. Schintz, the lawyer and real estate dealer, who assigned last week, have been found to reach $1,000,000, while the available assets have dwindled down to less than SIOO,OOO. Only one mortgage has been found among the papers in Schintz’s office of the scores that were given to him. It was for $137. too little to count for anything as an asset. Over Exertion of Brain and Body. Take Horsford’* Acid Phosphate. It is a wholesome tonic for body, brain and nerves. Wonderfully quick in its ac tion.—ad. HOUSE ENDS IN A HURRAH. SIGNING OF THE TARIFF BILL GREETED WITH CHEERS. The Stone Bill Providing for the Creation of a Currency- Commis sion Rushed Through After tire Reading of the President’s Mes sage on the Subject—Only- Two Re publicans Vote in Opposition to the Bill—A Continuous Fusilade of Oratory One of the Featnres. Washington, July 24.—The last session of the House was marked by many inter esting events. In addition to the final act of the speaker in affixing his signature to the Dingley tariff bill, a bill providing for the creation of a currency commission was crowded through in the closing hours, and the spectators who thronged the galle ries were treated to a continuous, if not very brilliant, fusilade of oratory for sev eral hours. The House recessed until after the Sen ate had adopted the conference report, and one minute and thirty-one seconds after the House reconvened, the engrossed bill was signed and on its way to the Presi dent. The demonstrations which marked these events were enthusiastic. The galleries played a significant part in them. When the President’s message came in recommending the creation of a currency; commission, it was answered by the re publican leaders with great promptitude. By means of a special order, the Stone bilJ, introduced some -days ago, with the ! approval of the administration, was brought to a vote after an hour’s debate. > Considerable feeling was manifested on both sides. There were some sharp ex changes and some bitterness was dis played. There was of course the usual attempt to"rhake political capital out of the situa tion, but all realized that the bill would i not pass the Senate and to that extent the debate lacked seriousness. Still the republican leaders felt they were doing their duty. When the vote was taken the republicans presented an unbroken front with two exceptions, Mr. Linney of North Carolina and Mr. Ma honey of New York, who voted with the opposition against the bill, which was passed by a vote of 124 to 99. As the Anal act of the session the speaker announced the appointment of the House committees. Almost immediately after the House as sembled an adjournment was taken until 3:30 o’clock to await the action of the Senate on the conference report. When the House re-convened at 3:30 o’clock both Maj. Pruden, the President’s executive clerk, and the Secretary of the Senate were in the main doorway as the speaker called the House to order. Maj. Pruden announced a message from the President of the United States and the Secretary of the Senate afterwards an- ■ nounced the adoption of the conference a report on the tariff bill. The side broke into a storm of applause that® arose and swept the galleries. The bilfl was carried to the speaker’s rooms andH Mr. Reed immediately fixed his signatured All this time the republicans and the galjH leries. continued their cheers and pl-ause, which only subsided after the clerldd had announcel the speaker’s signature. W Mr. Dingley, the floor leader of the ma- 1 jority, then presented from the ways and 1 means committee a resolution for a final adjournment at 9 o’clock to-night. This resolution was made the occasion for two brief speeches, one by Mr. Wheel er of Alabama, and one by Mr. Grosvenor of Ohio. The resolution was then adopted without division, and the speaker laid before the House the special message of the President, recommending the appoint ment of a currency commission. Its read ing w-as closely followed and liberally ap plauded by the republicans; Mr. Henderson, rep., of lowa, from the committee of rules, presented a special order for the consideration of the Stone currency commission bill, with an allow ance of one hour for debate. It was at first Mr. Henderson’s declared purpose to cut off debate on the special order, but at the urgent solicitation of Mr. McMillin of Tennessee he agreed to allow the twen ty minutes’ debate on a side. The special order was adopted—l3o yeas, 102 nays. Present and not voting, 10. The debate proper on the bill, which tha order limited to one hour, then began. Mr. Stone in opening the debate referred to the President’s declarations in his inaugu ral, when he said that this question should be considered when adequate revenues had been first provided. The proposition was simple. It proposed) that the President should appoint a commission of level-head ed business men to make the broadest in vestigations, to consider all the schemes which were presented and report to him what, if any, legislation was needed. Mr. Cox of Tennessee, who was ths leading minority member of the commit tee on banking and currency of the last House replied to Mr. Stone. He spoke briefly, predicting that the work of ths committee would be valueless. He assert ed that the republicans of the House did not want to pass this commission bill, but preferred to raise the issue with ths President. The Stone bill was passed, after a rather acrimonious hour’s debate, by a vote of 124 to 99. The House at 8 o’clock took half an hour’s recess. When the House reconvened the speaker announced the appointment of the com mittees. At 8:55 o’clock, when the reading of ths names was concluded, Mr. Grosvenor, from the committee appointed to wait on the President, announced that they had performed their mission. The President returned a congratulatory reply. Then, at 9 o’clock, the speaker de clared the House adjourned, without day. POSTMASTER NAMED FOR ATHENS. Monroe B. Morton’s Name Sent in by ihe President. Washington, July 23.—M. B. Morton, alias “Pink” Morton, was to-day appoint ed postmaster at Athens, Ga., in accord ance with the regular republican pro gramme, previously announced in these dispatches. Morton is a colored man, who would easily pass for a Caucasian, and his appointment was not unexpected, al though it has been vigorously opposed by the white people of Athens and vicinity. His leading competitor was J. Madison Davis, also colored, who held the office under the Harrison administration. Sen ator Foraker’s cousin, W. W. Foraker, white, who entered the race recently, wag never in the running. Among the nominations of postmasters that failed of confirmation by the Sen ate to-day were those of Monroe B. Mor ton at Athens and I. D. Hargett at Rocky Mount, N. C. The President also sent the following additional nominations to Uhe Senate: To Be Collectors of Internal Revenue— James D. Brady, for the Second district of Virginia. Quinby Vance, surveyor general of New Mexico. Robert A. Cameron, to be register of the land office at Alva, Okla. Henry D. Bowman, receiver of public i moneys at Las Cruces, N. M. 5
