Newspaper Page Text
FUTORESWON
EXCESSIVE RAINS
CLOSING GENERALLY
AT SUBSTANTIAL GAINS
Rainfall Especially Heavy in Central
and Eastern Sections—No Clearing
Yet Indicated—Liverpool Steady.
New York and New Orleans Make
New Records for Season—Large
Exports—Japan a Good Customer.
Good Grades Scarce—Savannah
Higher.
AT THE CLOSE *
Future*:
Liverpool, % to 1 point lower.
New York, 17 to 19-points higher.
New Orleans, 11 to 14 points higher.
Spate t
Savannah, 1-16 c higher.
Liverpool, S points lower.
New York, 15 points points higher.
New Orleans, J(jc higher.
There was a quick recovery yester
day in the cotton market from the hes
itating weakness of the day before.
Prices again rose, into new high
ground for the season, and most of
the gains were sustained at the close.
The stimulus came from the ex
tremely bullish weather map. Con
trary to the confident forecasts of the
New York cotton trade meteorological
experts, the area of depression did
move right down over the belt as in
dicated by the bureau people. Heavy
rains were shown all over the South,
but especially in the central and east
ern sections. Neither was there any
promise of an early clearing up.
Cables w'ere about as due. Liver
pool closed steadj, a shade to a point
lower. Spot sales were 7,000 bales.
New York opened firm and held
steady pretty well all through. The
close was steady, 17 to 19 points net
higher. Realizing sales caused a slight
reaction at the close. New Orleans
closed 11 to 14 points higher.
Receipts for the day appeared rather
large owing to a clearance of over
12,000 bales from the Pacific coast for
Japan. That country has taken neariy
half a million bales so far this sea
son. It looks like Japan is going to
lecome an important customer after a
while. Port stocks were reduced close
to 700 000.
The discount on poor cotton is wid
ening rapidly. Os current receipts a
very small proportion classes up to
low middling. A backward and un
promising start of the new crop may
# be relied on to stiffen the views of
'the holders of the good cotton left in
the country. ’ It looks as if the old
maxim, "never bear the end of a
big crop” is going to be justified once
more.
The Savannah market was firmer.
Spots advanced l-8c for medium and
better grades. Cotton to arrive ad
vanced l-16c. The Savannah market
Is now very close to 12 cents again.
SAVANNAH MARKET.
The Savannah spot market was firm.
The opening was quoted steady at an
advance of 1-J6c on low middling and
above, with the lower grades un
clujnggflC The close w»s Without fur
" 4Kcr change. Sates for the day were
> 125 bales
, The following are tne quotations anl
sales of spot cotton on the different
caller
I Open. I Close.
|Steady.|Steac(y.
Sood middling [1113~16 11 13-16
Middling 11l 5-16111 5-16
Low middling 10 9-16'10 9-16
Sood ordinary I 9 I 9
Ordinary 17% 17%
Sales | 125 |
Following are the comparative offi
cial Ip. m. quotations for yesterday,
the day before and last year, with
sales for twenty-four hours ending I
p. m. as reported by the Cotton Ex
ehange:
‘Tester-1 Day I Last
1 dav. ‘Before.' Year
Good middling 111 13-16|11% 15%
Middling 11l 5-1611% 14%
Low middling . |lO 9-1610% 14%
Good ordinary .1 9 i_9 13%
Sides I 125 I 375 448
The market for cotton to arrive was
firmer again and closed steady at an
advance of %c. Sales of 300 bales were
reported.
Following are the t. o- b. quotations
vesterdav and the dav before:
. iDiy-
I Close. [Before
' [steady. I *
Good middling 111% 111%
Middling 111% Ul%
Low middling 19% '9%
Good ordinary 18% 18%
Ordinary 18% ' 8
Sales .. I 300 | ...
‘Quiet but firm.
Tinges %c under the above quota
tions, stains 1c under.
movement at savannah
Receipts—
- Rr<,?pts yesterday 3,531
Last year ~ 1.868
Year before last 1,685
Receipts since Sept. 1 2,278.686
Same time last year 1,355,382
Exports —
Foreign
Foreign for season 1,679.891
Last year 850.961
Coastwise
Coastwise for season 525,779
Last year 475,952
Stocks—
Stock yesterday 96.215
Last year 38.152
Unsold stock March 31 10,496
Last year 18.126
AT ALL PORTS
Receipts yesterday 26.179
Same day last year 6,015
Same day year before last .. 18,137
So far this week 26,179
Last vear 6.015
Exports yesterday 40.957
Same day last year 11,297
Receipts since Sept. 1.; 11.296,540
Last year 8.062.159
Stock at all ports 706,776
Same time last year 432,692
daily cotton market
Port Movement-
Savannah —Steady. Middling. 11
5-l«c; net receipts. 3,531; gross. 3,531;
sales, 425: stock. 96,215. Exports—Coast
wise. 517.
Galveston —Steady. Middling, 13c; net
receipts. 4.259; gross. 4.259; sales, 576;
stock. 206.196. Exports—Continent, 12,-
285; coastwise, 624.
New Orleans—Steady. Middling,
ll%c; net receipts. 2.967, gross, 2.870;
sales. 410: stock. 112,879. Exports—Con
tinent. 900: coastwise, 1,441.
“•-Wi* X’ss* FOAalvUo 60- erezwie
4,886; $
Charleston—StemWllddllng, ll%c;
net receipts, 364; gross, 364; stock, 27,-
099.
Wilmington—Quiet. Middling, ll%c;
net receipts;. 864; gross, 864; stock, 20,-
693.
Norfolk—Firm. Middling, ll%c; net
receipts, 1.605; gross, 1,605; sales, 711;
stock, 48,411. Exports—Coastwise, 2,-
525.
Baltimore—Nominal. Middling, ll%c;
stock, 7.247.
New York—Steady. Middling, 11.95 c;
gross receipts, 1,f37; stock, 150,067. Ex
ports—Continent, 1,379; coastwise, 5,-
442.
Boston—Quiet. Middling, 11.95 c; stock,
11,346.
Philadelphia Steady. Middling,
12.20 c; stock, 1,641. Exports—Continent,
140.
Brunswick—Stock, 1,977.
Texas City—Net receipts. 74; gross,
74. Exports—Great Britain, 8,914.
Gulfport—Stock, 10,037.
Pensacola—Net receipts, 200; gross,
200. Exports—Continent, 200.
Port Townsend—Net receipts, 12,253;
gross, 12,253. Exports—Japan, 12,253.
Total to-day, at all ports—Net re
ceipts, 26,179. Exports—Great Britain,
13,800; continent, 14,904; Japan, 12,253.
Stock, 706,776.
Consolidated, at all ports—Net re
ceipts, 26,179. Exports—Great Britain,
13,800; continent, 14,904; Japan. 12,253.
Total since Sept. 1, at all ports—Net
receipts, 11,296,540, Exports—Great Brit
ain, 3,888,327; france, 1,089.968; conti
nent, 4,054,333; Japan, 478,672; Mexico,
8,588.
Interior Movement—
Houston—Steady. Middling, 11 15-16 c;
net receipts, 2,590; gross. 2,590: ship
ments, 3,605; sales, 375; stock, 70,833.
Augusta—Steady. Middling, ll%c; net
receipts, 1,112; gross, 1.1J2; shipments,
200: sales. 390; stock, 57.980.
Memphis—Quiet. Middling. ll%c; net
receipts, 265; gross, 385; -
, sales, 700; stock, 61,650.
St. Louis—Firm. Middling, ll%c; net
receipts, 14; gross, 236; shipments, 236;
sales, 143; stock, 22,417.
Cincinnati—Net receipts, 246; gross,
246; shipments, 593; sales, 300; stock,
13,016.
Little Rock—Quiet. Middling, ll%c;
net receipts, 8; gross, 8; shipments,
780: stock, 18,724.
Total to-day—Net receipts, 4.235;
gross, 4,577; shipments, 7,018; sales, 1,-
908; stock, 244,620.
SEA ISLAND
The market for sea islands was ac
tive with the tone hardening as the
week advanced. The demand was for
the medium and lower grades, but most
of the moderate amount of high grades
in the stock is being held above quo
tations. The close was steady to firm
with prices unchanged except for some
little firmness in the lower grades, Of
ferings were pretty well swept, except
for some few lots 6T the lower grades.
Nothing definite can yet be said as
to the start of the new crop. In some
more favored sections the cotton is
up on the higher lands. As a rule,
however, planting is very backward
and the persistent rains will result in
grassy fields, which will make it more
difficult to put In as much acreage
as originally planned.
The following prices are baaed on
factors’ quotations and are revised
weekly on Fridays:
Fancy Floridas ...........I?
Fancy Georgias 2?
Extra choice Georglaa 21
Extra choice Floridas 21
Choice Ga’s and Fla’s 21
Extra fine Ga.’s and F1a. "a....33
Fine Ga.’s and Fla.’s ........21
Medium fine ...13
Common Ga.’B and Fla.’s 16 @1?
Inferior 12 @ls
Sales, 1,332.
Receipts, gross 1341 551
Receipts, net 134] 551
Sales,. 1.332]
Exports 826. ■ •*3»
Stock ' >••• 6.506 14.68,
Receipts season, gross .'...H57.676140.991
Receipts season, net ]57.643|40.982
Shipment*- I
Great Britain I W
Continent I 50
Domestic, via New York .. 268! 567
Domestic, via Boston 2281 157
Inland 33Q1 155
~~Total ~.| 82d| 939
Charleston, S. C., April 19. —Sea
Island cotton: Receipts not previously
counted, 562 bags; exports domestic
mills, 267 bags; continental, 25 bags;
stock, 965 bags; sales none: market
quiet. Quotation: Fully fine, 26c; off
cotton No. 1,26 c; off cotton No. 2,19 c.
NEW YORK CLOSING
17 TO 19 POINTS HIGHER
New York, April 20. —Reports of bad
weather in the South caused a renewal
of excited general buying in the cot
ton market to-day. and prices again
made new high records with the close
steady at a net advance of from 17
to 19 points.
The market opened firm at an ad
vance of from 8 to 17 points on the
weather map showing pretty general,
and in some cases rather heavy rains
In the South. There was active cov
ering by recent sellers and heavy fresh
buying, partly from Southern sources;
and while realizing was heavy enough
to cause some Irregularity, the general
tendency of prices was upward until
in the late trading, active months sold
about 20 to 23 points above the clos
ing figures of yesterday. The close
was 3 to 4 points off from the best un
der realizing for over Sunday.
The official forecasts were for un
settled weather and showers in prac
tically all sections of the belt,' except
the extreme Southwest, and apprehen
sions of further rains over the week
end undoubtedly added to the urgency
of covering by sellers on the reac
tion of yesterday. Numerous private
reports were received from the belt
indicating very unfavorable weather
conditions and further serious delay in
the farm work. New Orleans reported
that the rains made it look bad for
the Lower Mississippi valley referring,
doubtless, to the flood situation, and
advices from eastern and central belt
points claimed that it would require
several days of good weather before
any farm work of consequence could
be done.
Combined with these bullish reports
concerning the new crop outlook, there
were reports of Increasingly firm spots
in the interior, and local spot people
claimed that the unfavorable, new crop
start was strengthening the views of
old crop holders.
Selling was heavy’ during the morn
ing. but was said to be largely for long
account, and was absorbed by the de
mand from shorts, buying of old crop
positions by spot interests and fresh
purchases of the new crop by local
and Southern houses. Week-end fig
ures seemed to attract little attention.
Interest being centered on the weather
news.
Cotton spot closed, steady. 15 points
higher: middling uplands. 11.95 c; mid
dling gulf. 12.20 c. No sales.
Cotton futures at New York, April 20:
Illi IDW
April I I I 11.45’ 11.27
May 11.37' 11.57' 11.371 11.551 11.37
June I I 11.581 11.40
July 11.581 11.70' 11.581 11.67 1 11.50
Aug ..... 11.621 11.74! 11.62' 11.69! 11.61
Sept 11.67! 11.63! 11.68! 11.51
Oct 11.711 11.791 11.70! 11.75! H. 58
Nov I t 11.781 11.76' 11.78' 11.60
Dec. .....I 11.79! 11.87' 11.751 11.84' 11.65
Jan I 11.79' 11.83' 11.771 11.80 11.6’
Feb. .....] ...J I I 11.80' 11.62
KTHE WEEKLY NEWS (TWO-TIMES-A-WEEK) MONDAY, APRIL 22, 1912. THREE.
SPIRITS MARKET
SLIGHTLY FIRMER
CLOSE QUOTED 443/ 4 @45
Rosins Weak —Sharply Lower
Except for B.
Turpentine stiffened a little yester
day. The market opened nominally
unchanged at 44%c with no sales.
Later, 279 casks were sold at 44%c,
and 75 casks at 45c. The close was
quoted 44%@45c, sales for the day, 354
casks.
Receipts were 415 casks; shipments,
123 casks, domestic.
New York was quiet at 47%@48c.
London was quoted 33s 10%d for spots.
Rosins were very weak. Prices were
at heavy declines for all grades, except
B, which was unchanged. Declines
ranged from 15c for D to 30@35c for
the best grades. Total sales, 1,379
barrels.
Receipts were 1,116 barrels; ship
ments, 17 barrels, domestic.
New York was steady at $6.55@6.60.
NAVAL STORES STATEMENT
The following were the figures and
quotations of the naval stores mar
ket as posted at the Board of
Trade
Spirits. Rosin.
Receipts yesterday 415 1,116
Last year 504 1,498
So far this week 2.753 8.295
So far this month 6.185 19,665
Receipts since April 1 ... 6.185 19,665
Last year 8,281 25,012
Exports yesterday
Since April 1 1,375 39,441
Last year 1.900 6.100
Coastwise yesterday 123 17
Since April 1 3,674 8.911
Last year 2.588 13,708
Stock yesterday 17,709 43,520
Last year 5,367 35,322
J Tester- I Day Be- I Last
_1 day. I fore, j Year.
Tone I Firm, I Firm. I Firm.
Sp'ts | 44%@45 I 44%| ~74~~
Sales | ~ 354 | 333 | 170
Rosin | Firm. | Firm, | Firm.
W W 7.05 7.35@7.40 ~~ 7.85
W G. 7.00 7.30@7.35 7.85
N ... 6.97% 7.25@7.30 7.85
M ... 6.95 7.20@7.25 7.82%
K ... 6.92% 7.15@7.20 7.82%
I ... 6.90 7.10@7.12% 7.82%
H ... 6.90 7.10@7.12%l 7.80
G ... 6.90 7.10@7.12% 7.77%
F ... 6.90 7.10@7.12% 7.75
E ... 6.75 6.95 7.67%
D ... 6.60 6.75 7.57%
R ... 6.45 6.45 7.45_
Sales j 1,379 ~| 1,549 1,229 ~
WEEKLY REVIEW
Turpentine was easy early in the
week and declined %c to 44%c. The
market then held steady at this price
until the closing day, when it recover
ed to 44%@45c, closing only a shade
lower than a week ago. Sales for the
week were 2,442 casks.
Receipts for the week were 2,753
casks, against 3,149 last year. Ship
ments were 1,437 casks, 200 foreign and
1,237 domestic. During the week the
stock increased 1,316 casks.
Rosins were steady to firm early in
the week, but latterly were demoralized
and prices declined abruptly one
severe break coming on W> IneJday.
anil another on the<r’oslng day. The
close »i«uws declines ranging from 55c
m top grades to 30c in D, while
B loSt only sc. that grade having pre
viously shown special weakness. Sales
were 7,833 barrels.
Receipts for the week were 8!295 bar
rels against 9.652 last year. Shipments
were 14,524 barrels, 11,841 foreign and
2.683 domestic. During the week the
stock decreased 4 229 barrels.
WEEKLY NAVAL STORES
MOVEMENT.
Spirits.
1911-12. 1910-11.
Stock April 1 16.573 1,574
Receipts past week 2,753 3,149
Receipts previously 3.432 5,132
Total 22,758 9,855
Exports—
Foreign 1.375 1,900
New York 1.276 884
Various 2,398 1,704
Total 5,049 4.488
Stock 17,709 5,867
Rosins.
1911-12. 1910-11.
Stock April 1 ♦.... 72.207 30,118
Receipts past week 8,295 9.662
Receipts previously 11.370 15,350
Total 91.872 55.130
Exports—
Foreign -. 39.441 6.100
New York 1.756 4.507
Various 7.155 9,201
Total 48.352 19,808
Stock , 43,520 35,322
NEW ORLEANS CLOSING
11 TO 14 POINTS HIGHER
New Orleans, April 20.—Cotton fu
tures opened steady at an advance of
10 to 13 points. Cables were not quite
up to expectations, but an unfavorable
weather map more than balanced all
bearish influence. Rain was reported
over practically the entire cotton belt
and at many points the precipitation
was heavy. The forecast was for more
rain over Sunday. Profit taking by
longs was heavy as soon as the market
opened, else the advance would have
been wider. At the end of the first
half hour of business prices were 13 to
14 points over yesterday’s close.
The market was fairly active and
very steady throughout the session
Longs took profits heavily, but the de
mand from shorts was more than suf
ficient to absorb offerings most of the
time. Prices went to new high levels.
July selling up to 12.11 c and December
up to lI.SSc. There was much talk of a
reaction, but weather news preserved
the advancing tendency of the market.
Large short lines were covered through
fear that wet weather would last over
Sunday. At the highest of the morn
ing prices were 15 to 18 points over yes
terday’s final quotations.
The close was steady at a net gain
of 11 to 14 noints.
Cotton futures at New Orleans, April
20-
“ I | | f I Day
lOnen.lHftrh 'Low 'C’r.e-'BTr*
April I I I 11.90' 11.79
Mav ....! 11 95' 12.00’ 11.94! 11.9*1 11.85
Julv ....' 12.06 12.11! 12.041 12.07 11.94
Aug I ' 11 98 11.95' 11.94 11.80
Sept. ... I 11 1 11.88 11.74
Oct ' 11.81! 11 86 11.79 11.82 11.64
Dec ' 1183' 11.88 11.82' 11.98' 11.70
Jan ' ' 11.91' 11.85’ 11.84 11.71
LIVERPOOL SALES
7,000 BALES SPOTS
Liverpool. April 20.—Spot cotton,
moderate business done, price* 5 points
good middling, 6.81 d; middling, 6.57 d;
low middling, 6.27 d; good ordinary,
5.85 d; ordinary, 5.59 d. The sales of the
day were 7,000 bales, of which 500 were
for speculation and export and in
cluded 6,200 American. Receipts 4,000
bales, all American.
Futures opened and closed - steady.
April, 6.37 d; April-May, May-June,
June-July, July-August, 6.33 d; August-
September, 6.30%d; September-October,
6.27%d; Octobr-November, 6.24%d; No
vember-December, 6.22%d; December-
January, 6.22 d;. January-February,
6.21%d; Februaty-March, 6.22%d;
March-April. 6.23 d.
LOCAL FINANCIAL MARKET
DOMESTIC EXCHANGE - Buying.
Tsc per 81,000 discount: selfing, 81,00*
er over. 75c premium.
FOREIGN EXCHANGE - Market
firm. Sterling, commercial demand,
84.86%; sixty days, 84.83; ninety days,
84.81%. Francs, commercial demand,
5.18%; sixty days, 5.22%. Marks, de
mand, 95; sixty days, 94%; ninety
days. 93%.
State and Municipal Bonds.
Bid. Asked.
Georgia 3%5, 1915, c. 95
do. 4%5, 1915, 100% ...
do. 4%5, 1915, r. 100% 101%
do. 4s, 1926, 100% 103
do. 3%5, 1930, 96
City Atlanta 3%5, 1931 90
do. 4%5, 1917-31 102% ...
City of Augusta 4%5, 1925..101
do. 4s, 1932 94% ...
do. 4s. 1933-34 95
City of Macon 4%5, 1926 ...101
do. ss, 1923 107 109%
City Savannah ss, 1913 ....100
do 4%5, 1959 ~...109
Bank Stocks.
Bid. Asked.
aCltfzens nd Southern 285 ...
Chatham Bank .125
Commercial Bank . 124
Citizens Trust Co 127 130
Chat. R. E. and I. Co 103 104
Exchange Bank 128 ...
Germania Bank 183% ...
Georgia Saving Ass’n 150 ...
Hibernia Bank 160
Merchants National Bank..lll 113
National Bank 232 ...
Oglethorpe Sav’g and:T. C0..152% ...
Peoples Bank 1...,..115
People Saving and L. Ass'n.lOO 101
Real Estate Bank & T. Co.. 117
Savannah Bank and T. C0..162
Savannah Trust Co 135
Railroad and Industrial Securities.
Bid. Asked.
Augusta and Savannah ....108
Atlanta and West Point ....142% ...
Alabama-Midland 5s 106 107%
Central of Ga. Ist m. 55....112% ...
do. consols. 5s 108% 109%
do. col. trust 5s 101% 103
Chat, and Gulf 106
do. 5s 102% ...
Eatonton Branch 5s 101% ...
Georgia Railroad 260 265
Ga. Southern and Fla. 65...107% 108%
Georgia Railway & Bkg. 55.103 104
G. Southern and Fla., com. 29 30
do. 2nd prererred 72 73
do. Ist preferred 94 96
Jacksonville Electrio 5s .... 95 100
do. common 110
do. preferred 115
Macon Railway and Lt. 55.. 99 100
do. common 95 ...
do. preferred 100 ...
Middle Georgia and Atl. 55..105% ...
Ocean Steamship Co. 5s ....101% 103%
Sav’s, Fla. and W. 5s 110 111%
do. 6s 124
Savannah Electric Co. 5s ... 70 ...
do. preferred 20
do. common 5 7
Southbound 5s - 107 108%
Southwestern 11l
Bibb M'fg Co. common 95
do. preferred 100
Planters Rice Mill 4* 56
Propeller Tow Boat Co. .. r ,92
United Hydraulic Comp. C<j
Savannah Brewing Ce.V.,..*uytK ’J*
Savannahzl Icrel Co. us
S"vannaii'Hotel Co. 2* K
Savannah Cotton Exchange.... w 190
South Atlantic P. & P. Ox. 115
SAVANNAH’S
CURRENT MARKETS
Note—These quotations are kept as
nearly as possible in accord with the
prevailing wholesale prices. Official
quotations are not used when they dis
agree with the prices wholesalers ask.
POULTRY—Market steady; halves,
70@80c; three-quarters, 90c@$1.00; hens,
$1.00@1.10; turkeys, 17@18c.
EGGS Steady; country. 20@21c;
Tennessee, 22@23c; cold storage, none.
BLOTTER—The tone of the market is
steady. Quotations: Elgin, extra, 35c;
Elgin first. 33c; renovated butter, 60-
pound tubs, best grade, 31c.
CHEESE—Market firm; fancy full
cream cheese, 20@22 pounds, 22c; 28@32
pounds. 21c.
WHITE PEA BEANS—American,
83.00.
VIRGINIA B. E. PEAS—Per bushel,
$3.25.
CALIFORNIA B. E. PEAS-Per
bushel, 83.90.
CALIFORNIA LIMA BEANS—Per
bushel, $4.90.
POTATOES—New, $3.50.
ONlONS—Egyptian, 105-pound sacks.
$4.65; crates, $2.50; Spanish onions,
crates, $1.85.
CABBAGE—Florida, crate, $3.75.
Breadstuff*, Grits and Meal.
FLOUR—Patent, $6.20; fancy, *5,«0;
straight, $5.75; family, $5.50; spring
wheat, best patent, $6.60.
GRITS AND MEAL—Market steady;
Pearl meal, per sack. $2.25@2.30; water
ground, $2.20@2 25; grits, sacks, $2.25@
2.30.
RlCE—Market steady; fancy head.
«%@6%c.
Good ..5%@6
Fair 4%@5
Common 3%@4
Grain and Hay.
CORN — Jobs. Cars.
No. 2 white 1 IS 1 12
No. 2 mixed 1 14 1 11
Cracked corn 2 20 2 15
OATS—
No. 2 mixed 76 . 74
No. 2 clipped 77 76
BRAN—
Pure wheat bran 1 80 1 75
HAY—
No. 1 timothy 1 85 1 80
No. 2 timothv 1 75 1 70
No. 1 clover, mixed 1 75 1 70
Stock feed ~..2 10 205
Dairy feed .'..1 85 180
Beet pulp 1 70 1 60
Syrup.
SYRUP—Market quiet: Georgia and
Florida syrup. 40@42%c; imported
West Indian. In puncheons, 30@32c; in
barrels, 32@34c.
Coffee.
Java !4 c
Mocha 23 c
Peaberry 20%c
Fancy No. 1 ..19%c
Fancy No. 2 18 c
Prime No. 3 18%c
Good No. 4 18%c
Fair No. 5 17%c
Ordinary No. 6 17%c
Common No. 7 17%c
Sugar.
Cut loaf ..*,55
Cubes 6.10
XXXX powdered 6.40
Fine granulated .. 5.80
Confectioners’ A 5.55
White Extra C 5.20
Golden C 5.00
Fruits and Nuts.
BANANAS—Per bunch. $1 90, $2.0048
$2.25.
LEMONS —Fancv Messinas. $4.00.
APPLES—Boxes. $2.00@125
PEACHES—Evaporated, peeled, lsc;
pound, unpeeled. 12c.
APRICOTS—Fancy. 14c
RAISINS—B-crowns, $2.10.
FlGS—Dried. 10@10%c.
r«Yv«>'o a ..-a
in 25-pound boxes, 8c; in 12-ounca
packages, ’9c; 16-ounce packages, ll%c.
ORANGES—FIorida oranges, 126,
$2.75; 150, $3.00; 176, $3.25; 200, 216, 250,
$3.50.
APPLES—Evaporated, in cartoons,
10%c; loose, North Carolina, dried,
9c.
CITRON—In drums, 18c; crystal
ized, in 10-pound .boxes. 16c; lemon
peel, 12c; orange peel, 12%c.
PRUNES —Scarce; 10c, 15c, accord
ing to size.
NUTS—Almonds; 19c; walnuts, Eng
lish, 17c; French, 17c; filberts, 13c; pe
cans, 15@16c; Brazils, 16c; mixed nuts,
25-pound boxes, 13%c.
Hardware and Building Supplies.
LIME, CALCIUM, PLASTER AND
Cement—Alabama and Georgia lime
in fair demand and selling at sl.lO per
barrel; carload lots, special; hair, 4c;
Portland cement, retail, $1.90; carload
loTS ]
GUNPOWDER—Per keg; black pow
der, $5.25 per keg; half kegs, $2.30;
quarter kegs, $1.60.
SHOT—Drop, $1.85; B. B. and large,
$2.10; chilled, $2 10.
BARBED WIRE—S2.7S per 100
pounds.
IRON —Market firm; refined, $1.96;
Swede, 3%c.
Oil*.
Water white oils ll%c
Deo gasoline, drums 12%c
Strictly pure linseed oil, raw.... 83 c
Strictly pure linseed oil, boiled ....94 c
Meat* and Lard.
HAMS—Sugar-cured, 16%@17c; pic
nic hams, 10%@llc.
D. S. butts 10%@10%
D. S. plates ~... 11%@11%
Western heavy bellies 11%@12
Eastern light bellies 12%@12%
Eastern medium bellies . ... 12%@12%
Eastern heavy’ bellies 12%@12%
D. S. C. R. sides 11%@12
Smoked C. R. sides 13% @13%
Market firm.
LARD—Pure, in tierces, ll%c: 60-
pound tubs, ll%c; 50-pound tins, ll%c;
compound, in tierces, B%c; tiO
pound tubs, 8%@8%c; 50-pound tins,
B%@9c.
FlSH—Mackerel, half barrels. No. 1,
$1.35; codfish, 1-pound bricks, $9.00; No.
2, $7.00; No. 3, $7.50; kits, 7%c; 2-
pound bricks. 7%c; smoked herring,
per box, 14@16c; Dutch herring, in
kegs, SI,OO.
COTTON SEED—Prime, car lots, f.
o. b. cars. Georgia stations, per ton,
$16.00@20 00, according to quality cotton
seed meal. $26 00.
Mitcellaneou*.
SALT —Car lots, 100-pound burlap
sacks, 37%c; 100-pound cotton sacks.
38%c; 125-pound burlap sacks, 47%c;
125-pound cotton sacks. 48%c; 200-
pound burlap sacks (Liverpool) salt.
77c; small lots at an advance over
these quotations.
HIDES Market, easy: dry flint.
21c; dry salted. 19c; green, salted,
10%c; green, 9%c.
WOOL—Market very dull; white, free
Os burrs, 18@19c.
WAX—27c.
TALLOW—S%c.
BAGGING AND TlES—flagging, 2-
pound basis, in lots of 50.000 yards,
Bc. Lesser quantities. %c more. Ties,
in lots of 400 bundles, 89%c; lesser
quantities higher.
THIRD DISTRICT HIGH
. SCHOOL PRIZEWINNERS
Arfiericus, Ga.. Aprfl .20.- vl r* \al
rains tbta,-’ye
-MtatiJki W ileUl everts an.’ ' athletic
E tvntests.> in-ranged under the auspices
of the Third Congressional D'striet
High School Asswiatfon. thus disap
pointing scores of contestants and
prospective spectators. The pro
gramme Included running and hurdle
races and numerous other athletic
events, all of which were called off.
In the award of prizes in declamation,
recitation and similar contests Miss
Estelle Carter of Americus won in
recitation. Samuel Kassevitz of Fitz
gerald in declamation. Thomas Mor
gan of Ashburn in ready writing. King
Brown of Hawkinsville in spelling.
Miss Callie Pinkston of Dawson in mu
■ic.
Pupils if fou-c»en high schools con
tested for the prizes awarded this aft
noon.
The next meeting of the association
will be held In Montezuma.
Memorial Day at Lyons.
Lyons, Ga., April 20.—Arrangements
have been completed by the Robert
Toombs Chapter, U, D. C„ for Memor
ial Day exercises next Friday. The
people turned out en masse yesterday’
and made the cemetery look present
able and the ladies are already be
ginning to get together flowers for
the decoration.
The exercises will be In the Metho
dist Church. The programme will be
as foliows:
Instrumental solo. Miss Inez Walker;
invocation; recitation, little Miss Ev
erlyn Shewmake; solo, Miss Letha Wil
.lams; delivery’ of the crosses: selec
tions by the male quartette: address
by Rev. John 8. Wilder of Savannah;
song, "Old Time Confederates.”
| NATIONAL LEAGUE
Standing of the Team*.
Won. Lost. P.C.
New York 6 2 .750
Cincinnati 5 2 .714
Philadelphia 4 3 .571
St. Louis 4 4 .500
Chicago 3 4 .429
Pittsburg 3 5 .375
Boston 3 5 .375
Brooklyn 2 5 .286
AMERICAN LEAGUE
Standing of the Team*.
Won. Lost. P.C.
805t0n...; 6 1 .833
Philadelphia 4 2 .667
Cleveland 5 3 .625
Chicago 5 3 .625
Detroit 4 4 .500
Washington 3 3 . 500
St. Louis 2 5 . 286
New York 0 6 .000
SOUTHERN LEAGUE
Standing of the Team*.
Won. Lost. P.C.
Mobile « 2 -750
Chattanooga * 3 -*67
Memphis 5 3 .*25
Montgomery —.. 5 4 . 556
Atlanta 3 3 . 500
New Orleans 4 5 .444
Birmingham - 4 6 . 400
Nashville 2 5 .286
THE WEATHER
Washington, D. C-, April 21. —Fore-
cast;
South Carolina. Georgia Showers
Monday and probably Tuesday.
Florida Showers Monday and
Tuesday, except fair in extreme south
portion.
Alabama Showers Monday and
probably Tuesday.
River Report—The hight of the Sa
vannah river at Augusta at 8 p. m.
(75th meridian time) yesterday was 17.5
feet, a rise of 0.4 foot during the pre
ceding twelve hours. Falling.
C. J. Doherty.
ISMAY DENIES HE
GAVE ANY ORDERS
Continued from Page One.
casually and put it in my pocket. At
about ten minutes past 7, while I was
sitting in the smoke room, Capt. Smith
came in and asked me to give him the
message received from the Baltic, in
order to post it for the information of
the officers. I handed it to him and
nothing further was said by either of
us. I did not speak to any of the
other officers on the subject.
"If the information I received had
aroused any apprehension in my mind,
which it did not, I should not have
ventured to make any suggestion to
a commander of Capt. Smith’s experi
ence. The responsibility for the navi
gation of the ship rested solely with
him.
“It has been stated that Capt. Smith
and I were having a dinner party in
one of the saloons from 7:30 to 10:30
Sunday’ night and that at the time of
the collision Capt. Smith was sitting
with me in the saloon.
"Both these statements are absolute
ly false. I did not dine with the
captain nor did I see him during the
evening of April 14. The doctor dined
with me in the restaurant at 7:30 and
I went directly to my stateroom and
went to bed at about 10:30.
"I was asleep when the collision oc
curred. I felt a jar, went out into
the passageway without dressing, met
a steward, asked him what was the
matter and he said he did not know.
I returned to my room I felt the ship
slow down, put on an overcoat over
my pajamas and went up on the bridge
deck and on the bridge. I asked Capt.
Smith what was the matter and he
said we had struck ice. I asked him
whether he thought it serious and he
said he did. On returning to my room
I met the chief engineer and asked
him whether he thought the damage
serious and he said he thought it was.
“I then returned to my room and
put on a suit of clothes. I had been
in my overcoat and pajamas up to
that time. I then went back to the
boat deck and heard Capt. Smith give
the order to clear the boats. I helped
in this work for nearly two hours as
far as I can judge. I worked at the
starboard boats helping women and
children into the boats and lowering
them over the side. I did nothing with
regard, to the boats on the port side.
By that time every wooden lifeboat
on the starboard side had been lowered
and I found that they were engaged
in getting out the forward collapsible
boat on the starboard side. I assisted
at this work and all the women that
were on this deck were helped into the
boat.
“They’ were all, I think, third-class
passengers. As the boat was going
over the side. Mr. Carter, a passenger
and myself got in. At that time there
was not a woman on the boat deck,
nor any’ passenger of any class, so
far as we could see or hear. The boat
had between thirty-five and forty in
it, I should think, most of them wom
en. There were perhaps four or five
men, and it was afterwards discovered
that there were four Chinamen con
cealed under the thwarts in the bot
tom of the boat. The distance that
the boat had to. be lowered into the
water was. I should estimate, ab,<,ut
twenty feet. Mr. Carter and 1
not get Into th<, boat urjttt aftar
had begun to Wwer it ay”
the boat rear+%! he wafer 3 neipy
row ft nv»li'i(Yr( oar
i tact vlat my ba<% e»s to the »mlr-
I Jng steamer. The boat would have
i ’Accommodated certainly six or more
passengers in addition, if there had
been any on the boat deck to go. These
facts can be substantiated by Mr.
W. E. Carter of Philadelphia, who got
in at the time that I did and was
I rowing the boat with me. I hope I
need not say that neither Mr. Carter
I nor myself would for one moment have
thought of getting into the boat if
there had been any women there to
go, nor should I have done so had I
thought that by remaining on the ship
1 could have been of the slightest fur
ther assistance.
"It is impossible for me to answer
every false statement, rumor or inven
tion that has appeared in the news
papers. lam prepared to answer any
questions that may be asked by the
committee of the Senate or any other
responsible person. I shall therefore
make no further statement of this kind,
except to explain the messages that I
sent from the Carpathia. These mes
sages have been completely misunder
stood. An inference has been drawn
from them that I was anxious to avoid
the Senate committee's inquiry which
It was intended to hold in New York.
"As a matter of fact when dispatch
ing these messages I had not the
slightest idea that an inquiry - was con
templated and I had no information
regarding It until the arrival of the
Carpathia at the Conard dock in New
York on Thursday night, when I was I
informed by Senators Smith and New-1
lands of the appointment of the spe
cial committee to hold the inquiry. The
only purpose I had in sending these
messages was to express my desire to I
have the crew returned to their homes
in England for their own benefit at I
the earliest possible moment, and I
also was naturally anxious to return I
I to my family, but left the matter of I
my return entirely to our representa
tives in New York.
•'I deeply regret that I am compell
ed to make any personal statement
when my whole thought is on the’ hor
ror of the disaster. In building the I
Titanic it was the hope of my associ- I
ates and myself that we had built a
vessel which could not be destroyed by
the perils of the sea or the dangers
of navigation. The event has proved
the futility of that hope. The present
legal requirements have proved inade
quate. They must be changed, but
whether they are changed or not, this
awful experience has taught the
steamship owners of the world that
too much reliance has been placed on
water-tight compartments and on
wireless telegraphy- and that they must
equip every vessel with life boats and
rafts sufficient to provide for every
soul on board and sufficient men to
handle them.”
PASSENGERS ALMOST IN
PANIC WHEN STEAMERS
CRASH IN FOG
(Continued from Page One.)
fathoms of water. El Sud. at that
time drawing 18 feet of water for
ward and 23 feet aft. As she came to
the dock she was drawing 27 feet of
water forward and IS aft.
No estimate can be made at this
time of the exact amount of the dam
age to the Morgan liner El Sud. The
work of unloading her is going for
ward to-night and as soon as she is
empty the damage can be determined.
The refusal Saturday night of the
Mallory- Steamship Line officers to di
vulge the nature of wireless messages
exchanged between a port station and
the Denver, seven days out from
New York, with twenty-one cab
in passengers, regarding the col
lision gave rise to excited appre
hension throughout marine circles
which with the coming of the morning
was partially dispelled. Following so
closely upon the great Titanic disaster
and not without grounds for fear, the
report excited unusual concern, more
so In certain places where the facts
were exaggerated more than at Gal
veston.
The passengers on the Denver were
uneasy and even after Capt Staples
had given assurances that the Denver
was uninjured excitement prevailed on
board. The Denver proceeded into port
this morning and discharged her pas-
THE ANTE-BELLUM COINS
Money in Circulation Then Gave
Merchants Trouble.
From the New York Sun.
“Few business men of to-day,” said
an old-time New York commission
merchant, “have any idea of the wor
ry that attended the ordinary trans
actions of trade in the days just be
fore the Civil War because of the sort
of small coins in circulation. A great
deal of them were of Spanish vintage.
“The mystery of the sudden disap
pearance from sight of this Spanish
money that almost up to the break
ing out of the war had been for years
so much in evidence as a small-change
circulating medium in this country- has
never been solved. Just how those
Spanish coins came to be a part of
our small-currency exchange I do not
know, but for more than a generation
they were<commoner in some parts of
the United States than our own coins
were, and included the ‘tips’ and
‘levies’ of ante-bellum days.
“As a matter of fact, for years be
fore the war comparatively few sil
ver coins of our own minting were in
circulation, particularly small ones.
Dollars and half dollars i\ere more
common. The Spanish coins remedied
this odd scarcity of the United States
small coins, and they must have been
in circulation a good many years, for
they w-ere as a rule w-orn very smooth.
Some were so smooth that they were
accepted only at a discount.
Judging a Coin.
The rule was that if the pillars on
the face of them could be plainly seen
they were received at their face value.
I have seen ‘ftps’ so smooth that they
looked like shad scales, and ‘levies'
that had been so long in use that
they were but little better than un
marked disks of silver. But these old
Spanish coins, worn as they might
be —some of them bearing dates far
back in the eighteenth century—con
tained more pure silver than our own
coins. One of them would certainly
be a curiosity to-day.
"The ‘ftp’ represented one-sixteenth
of a dollar; the ‘levy’ one-eighth of
a dollar. The designation ‘ftp’ was
an abbreviation of an abbreviation of
‘five-penny bit.’ When a person spoke
out the whole of what he meant in
talking of a five-penny bit he called it
a ‘fippenny bit.’ but just ’ftp' was suf
ficient for everyday transactions.
’Levy’ was a convenient contraction for
‘eleven-penny bit.’ This nomenclature
for the Spanish coins was used gen
erally where they wf-re in circulation,
except in New York. Northern and
Northeastern Pennsylvania, the same
parts of New Jersey and in New Eng
land. In these localities the people
had no use for the terms levy, sip,
fipenny bit or five-penny bit. They
called the one shilling and the other
sixpence, and our own little silver 3-
cent piece of aggravating memory they
called a thrippence.
“In Southern New Jeresy, Southern
Pennsylvania, Delaware, Maryland an i
other border states if a person ■ sbocV
saj- shilling or sixpence the jfoot.t"
wouldn’t have known what s«tas 1
money hnjneant. It .<rwr-
►llsh moDWy to tip»r-.. \ tugm Xhe
coins ahd lip. Farih * s. utb
.*1 t;-v> m ame and the
j-Au a ■ nice -,»nc. Thu United, States
quarWß of i Ji itar is a ‘bit’ with old
time Southerners to this day.
"In some parts of the country,
notably In the Southwest, our 5 and
10 cent pieces were rated equally w.lth
the Spanish ftps and levies, but In the
East, and particularly in Philadelphia
and - the Quaker country rounabout,
people would not recognize such a
rating. They Insisted that while it re
quired only eight Spanish levies to
make a dollar they had to have II
American 10 cent pieces to make a
I dollar, so that if they recognized ths
I latter on a parity with the former they
I would be out just two levies, or 28
I cents on every dollar. Then again, it
I required 20 five-cent pieces to the dol-
I lar. while a person would have to ac
comolate only 15 flps in order to have
a dollar’s worth. This was because
the levy’s face value was 12% cents,
and the ftps 6% cents. The same rule
existed among those who called the
levy a shilling and the sip a sixpence.
"These old Spanish coin* were com
mon and more plentiful up to the time
war between the states seemed inev
itable, and when war came they sud
denlv and mvsteriously disappeared
from circulation. Nobody ever seemed
to know what became of them. It was
their dtsapeparance that brought
about the greatest scarcity of our owe
small coins following the beginning oi
hostilities The presence so largelv
of the Spanish coins as a medium of
circulation had bidden the fact that
the small coinage of our own mints
was entirely too meagre for the coun
try’s needs, and it was not until the
government authorized the issuing of
its paper fractional currency’ that the
emba-rassment of the people in that
respect was relieved. With the war,
also, the nomenclature that came with
the Spanish coins disappeared, except
in New York and New England, and
| the counties of New Jersey and Penn
sylvania bordering on New York. In
these localities the terms shilling and
sixpence clung, and for years after
the war retail values therein were
based on the .2% and 6 cent unit.
Among the old timers in the rural dis
tricts of those parts of the country
one still hears prices mentioned as be
i ing ’one and thrippence, ’two and six.’
or whatever number of shillings and
the fraction of a shilling may be. and
to hear them say ’dollar and a quarter*
or ‘dollar and a half’ or dollar and any
•shilling’ part of it. would be sur
prising. It is always ’ten shillings’,
•twelve shillings’, ’sixteen shillings*
and so on.”
ROB PASSENGERS
IN THEIR BERTHS
Continued from Page One.
valued at S6O; J. B. Gomand, Phoenix.
Ariz.. SBS.
The presence on the train of the
three robbers has not been accounted
for. It is thought that perhaps the
men boarded the limited at the cross
ing of the Chicago, Burlington and
Quincy Railroad, near which a Bur
tols. The firing of the revolvers was
lington train was held up some time
ago.
After the desperadoes had taken
their loot they commanded the porter
to pull the air tube as a signal for
the engineer to stop the train. When
the porter demurred the men punctur
ed the tube with bullets from their pis
the only noise connected with the hold
up.
It was stated at the general officea
of the Rock Island here to-day that
a good description of the robbers was
obtained and it was further said that
there were hopes of running them
down.
TORNADOES TAKE
TOLL IN DEATH
Continued from Page Ona.
around Morocco. Newton county, when
a tornado swept out of the West thia
evening.
Found Five Dead.
Chicago. April 21.—Telephone line
men sent to do repair work near Grant
Park. 111., to-night reported to the
main office here that In and around
Grant Park five persons had been
killed and fifty injured. Between fifty
and a hundred liouses. aaid the line
men, had been demoUehed. He was
——- —tta, vuMaoaik the de* 4
... v.
NINE