Newspaper Page Text
• WEDNESDAY. NOVEMBER 14.
FINANCIAL
THE NATIONAL BANK OP AUGUSTA
’ ORGANIZED 1885.
t C HAYN*. Prs’t. F. G. FORD. Cashier. CHAB. R. CLARK, Aml Cash.
CAPITAL $250,000.00
SURPLUS AND PROFITS $175,000.00
... Receive* th e account* of Corporations, Banka. Firms and Individuals,
and offsrs ovary facility which thslr business and responsibility warrant.
CORRESPONDENCE SOLICITED.
APPRECIATING THE PATRONAGE OF ITS DEPOSITORS
The National Exchange Bank of Augusta j
ACCORDS THEM CORTEOUS AND LIBERAL TREATMENT.
Its large Rosonrcrs and past record, corahlned with Its superior
farlipties, guarantee prompt, efficient service.
Georgia Railroad Bank
AUGUSTA. GEORGIA.
INVITES YOU TO AVAIL YOURSELF OF ITS SPLENDID FACILITIES
FOR CARING FOR YOUR BANKING BUSINESS.
FINANCIAL i
Augusta Stock and Cotton Report
BY W. E. MIKELL.
Augusta, Ga., Nov. 14, 1906.
Tone—Firm.
—Today-
Ordinary
Good Ordinary 9 3-16
Strict Good Ordinary 9 11-16
Low Middling 16 1-1 G
Strict IjOw Middling 10 1-4
Middling 10 3-8
Good Ordinary Stains
Low Middling Stains
Strict Middling It* 9-16
Good Middling 10 11-16
Tinges (Ist) 10 3-16
Tinges (2nd) 9 15-16
Monday.
Ordinary i
Good Ordinary 8 15-16
Strict Good Ordinary ... ... 9 7-16'
Low Middling 9 13-16 j
Strict Low Middling 10
Middling 10 1-8 ;
Good Ordinary Stains
Low Middling Stains ;
Strict MNdl'kg 10 5-16
Good Middling 10 7-10
Tinges (Ist) ... ... 9 15-1 C
Tinges (2nd) 9 11-16
Ftnc*- slid **c«b-oci.
Stock m Augusta 1906 45,925
Stock m Augusta 1905 92,235
Rec. since 190 G 189,040 .
Rec. since 1905 241.248 j
In Sigh* and Bupotv
IV>6. 1905
Signt. to Nov. 10.. .4,051.170 3.937,028
During week ' 567,845 487,051
Visible supply 3,626,053 3,466.399
Galveston 11,169
8,000-10,000 Houston 6,294 j
New Orleans 14.303
Middling L ast Ye ar 10 9-16.
No demand for grades below Low Middling in Augusta.
„ PORT R
(By A go
Today. Lass. Yr.
Galvestou 20344 17659
New Orleans 15666 18548
Mobile .1608
Savannah 8912 12014
Charleston 1362 622
Wilmington 2#9ti
Norfolk 5678 5541
Baltimore 1
New York .. ■ •
Boston 31 133
Philadelphia 60
New > ork cotton
(Quotations from Argo ft Jester.)
High. Low. Close.
January 10.03 9.85 9.99
February
Marcnl 10.19 10.04 10.15
April ....
May 10.30 10.14 10.24
June * .... ....
July .1 10.32 10.22 10.27
August .... ....
Beptetnher •
October
November !. .....
December 10.04 9.84 9.98
Tone—Very Steady. Spots—lo.7o.
New Orleans Cotton
-■f A'
(Quotations from Argo ft Jester.)
High. Low. Close.
January 10.12 9.94 10.09
February
March 10.30 10.12 10.25
April
Mav 10.43 10.25 16.37
Jane
July
August .....
September
October <
November
December .... 10.<,9 9.94 10.04
Chicago Market
(Quotations from Argo ft Jester.)
WHEAT— High. Low. Close.
December 74% 73% 74%
May 79% 78% 79
J«f>y
CORN— *
Deco m her 42% 42% 42%
MUy 43% 43% 13%
FINANCIAL
S>«ce!pt, for th. Day.
i*»t v,ar This Wfrt
Sat. 2229 2607
Mon .... 2764 3283 '
Tties 3077 2460
Wed. .. ... 2809 3081
Thurs ....
Fri
Totals . .10879 11431
Receipts for the Week.
Sales. Rec. Bhlp.
Sal 523 178 1491
>' n . . . . 1187 lit ...129
Tues 961 31 1984
Wed 277 11 2416
Thurs .... ....
Frl
Totals . . 2918 364 8220
Receipts.
Net receipts today 2191
Through cotton today 618
Gross receipts today 2809
Liverpool Cotton.
Open. 2 p. m. Close.
Jan. ft Kcb 5.34 533 5.44
Feb. ft March.. 5.36% .... 5.46%
March ft Apri1...5.40 5.38 5.49
April & May ..5.42 5.42 6.51%
May ft June .. 5.45 5.43 5.54
Jtne ft July 5.56
July ft Aug. ..5.50 5.47 5.58
Aug. ft Bepr 5.52
Sep ft Oct
Oct. & Nov 5.43 5.40% 5.51%
Nov. ft Dee. ..5.35 5.46
Dee. ft Jan. ...6.34 5.33% 5.43%
Sales 12,600, Receipts 28,000. Tone,
strong. Middling 5.67.
ECEIPTS.
& Jester.)
Today. Last. Yr.
Brunswick ....
Port Royal ....
Pensacola 607
Little Rock 1836 1892
Augusta 2809 2081
Memphis 6715
St. Louis 872 ....
Cincinnati 818
Houston 13962 10741
Total (Est. today). .63000 59697
ARGO & JESTER t imkci-s
COTTON-STOCKS Na 7 row. RARV GRAIN-PROVISIONS
PRIVATE WIRES TO NEW YORK. CHICAGO AND NEW ORLEANS.
COMMISSION ON COTTON, $lO. NO INTEREST CHARGED ON STOCKS
Rsfsrsnes—National Exehang, Bank. Tclsphone, 794.
July .. ..35% 3.1 \ 35*4
; OAIB
.. . .. 34% 344 a 34%
May . 55% 35S 334
Jul 7
i PORK—
January ~i* 14 83 14.27 14.53
October 14.40 14.17 14.40
LARD —
January $.50 g. 37 p. RO
October 8.55 m 2 8 , 54
RIBS—
January 7.87 7.7! 7.87
October 7.77 7,«y 7.75
THE STOCK MARKET.
(Quotations by Argo 4. Jsstsr.)
High. Low. Close.
Atchison 994 9SV4 994
A. C. F 48Ts 43'» 484
A. 1 73 72 73
Amn 8 156% U. 44 1564
R. R. T 77% 77 174
Bat * 0 1184 tlB 118‘«
C. ft O 534 52*4 63
Can. Pa. 176 1754 176
Copper 112 1104 112
C. F. & 1 524 51 .124
Erie 134 43% 13%
111. C 173 173 173
L. & N 144*4 1424 144%
M. Pa 94 4 93% 934
NYC 1284 127*i 128*4
Nor. ft W 934 93*. 1 934
Na. lead 764 74% 75 4
On. ft W 454 454 154
p-iin tans 1384 1394
Peo Gas 894 *0 894
I Rock 1... ?. .. 2»% 28% 294
; Reading 146 1444 1451,
I Rep. I. ft S. .. 354 35 354
Rubber 494 »8% 484
St. Paul 181 176 4 1824
8. Pa #44 92 4 94%
"-<* . . 334 324 334
Tenn. C. ft I
lit*, it 36 36 3>.
I Union Pa 1834 1614 1834
U. S. 8 47 4 464 474
U. 8. 8. pfd. ..105 1044 1044
j Vlr.-Caro 37 36 Vi 364
LOCAL STOCKS AN.» HONDA
Corrected by Martin A Garrett,
uovsmment Bona*.
Bid. Asked
TJ. 8. 2c., 1930 104
U. 8. 35.. 1908 18 1024
U. S. 4s, »07 1014
U. S. 4s. 1925 130
State Bonds.
Ga. 84s. 1980, J & J 107
Ga. 84s. 1915, M. & N.. 103
Ga. 4s. 1926, J & J 110
iGa. 4%5, 1915, J ft J 110
! 0. 443. 181 J & 1108
City Bond*
Augusta ss, 1921, M ft
N 112
Augusta 34*- 1929. M ft
N 96 98
Atlanta 4s. 1523. J ft J ..102
Atlanta 445. 1#22. J & J-107
Atlanta 6s. 1914, J ft J ..113
Sav 6s. 1909. Feb quar .1014
Sav. ss. 1913, Jan quar. .105
Local Bonds.
Augusts Factory Ist 0s
due 1913, M ft N.... 101 106
Augusts Rwy ft Electrlo
Co. Ist os, 1940 J D. ..102
Bon Air Hotel Co. Ist 6a
due 1911-1921, J. ft D. .100 ~
Enterprlse Mfg Co Ist 5a
due 1923, M ft N 98 100
Sihle'’ Mfg. Co. Ist 5a due
1922, J ft J 98 100
„...iey Mfg. Co. Ist 5s
due 1923, J ft J 98 100
Railroad 80-ids.
Aug. So. Rwy Ist mort
gage ss, 1924, .1 ft D.. 96 102 |
Ga. r. K ft Bnkg Co 6a
1922, Jft J 1164
Or rt R ft Bnkg Co 6a
1910, J & J 101 IOC
Ga R R ft Bnkg Co 5s
1922, J ft J 106 I
C. of Ga. Ry Ist mortgage
ss, 1945, B' ft A .. ..117 j
r 01 Ga. Ry Ist Con Mort
gage ss, 1945, M ft
N 110%.
C of Oa Col Trust 5s
due 1937. Mft N ....1064
C of Ga Ry Mobile Dlt.
Ist ss. 1946. J ft J ... .108
C of Ga. Ry Macon ft Nor
Ist ss. 1846. J ft
J 108
C of Ga. Middle Ga. ft At
lantlc Ist ss, 1947, J ft
J 109
C. of Ga. Ry.. Eatonton
trench (Ist ss), 1926..1tS
C. o' Ga Ist pref. Income
1945. Oct 89
C. of Gv. 2d pref. Incomes
ss, 1915, Oot 74
C. of Ga. Rwy. 3d prfd
income 6s, 1915, Oot.. 72
C C ft A 2d 7s. 1910
A ft O 109
Sourh'rn Rwy Ist Con 6s
1994, J. ft J 115%
Bank Stocks.
Vat -al Bank 130
Nat. Ex. Bank 128 183%
Augusta Savings 8ank...150
Merchants Bank 201 205
Equitable Trust Cc .... 96 100
Union Savings Bank (par
25) 40
Iruii American Bank (Par
*25) 40
PI n ers Loan ft Savings
(Par *lO 19 20
Railroad Stocks.
A ft 8 R R R CO 116 118
Atlanta ft West Point
R. K .'..162
Atlantic Coast Lino ....133
Ga. R. R. ft Banking C 0.260 261
Southwestern R R Co ..116 118
Bv/UTHERN COTTON
MIL*. STOCKS.
Bid. asked
Arkwright Mill* 122 125
Anderson Cotton Mills (8.
C.) km
Augusta Factory go 824
Abbeville Cotton Mills (8.
C.) 93 95
Atken Mfg Co (3. C.).... 84 88
Bibb Mfg Co. (Oa.) 122
Brandon Mills (8. C.) ..110 115
Belton Mills 105 108
Cabarrus Cotton Mills (N.
C.) 136
Chadwick Mfg. Co. (N.
C ) 92 96
THE AUGUSTA HERALD.
Cblquols Mfg. Co. (S.
C.) 92 95
Clearwater B ft M Co.. 65 5$
Clifton Mfg Co. (8. C.) ..120 127
Cl.fton Mfg Co. (8. C.)
Pfd 102 104
!Columbus Mfg. Co. (Ga.) 96 101
Oiurtensy Mfg. Co. (8. *
C ) 94 1(H)
Dallas Mfg Co. (Ala.) ..87 95
Darlington Mfg Co. (8. C.) 60 76
Easley Cotton Mills (8.
C.) 130 133
Bnoree Mfg CoS. C.)... 80 84
Enoreo Mfg Co (8. C.) pfd 98 109
Enterprise Mfg Co (Ga.) 88 90
Eagle and Phoenix Mills
Ga.) 120 130
Granlteville Mfg Co (S.
C.) 160 163
Grendel Mills (8. C.) ...113 117
Gaffney Mfg Co. (8. C.) . 89 92
Granhy Mills pfd 55 66
Gainesville Cotton Mills
(Ga.) 29 49
I. Mills (N. C.) ..198
King Mfg Co. John P.
(Gs ) 100 103
I Laurens Cotton Mills (8.
Cc) 167 170
Limestone Mill. fR. C.) 104
Louisa Mills (N. C.) ... 90 96
Louise Mills (N. C.) pfd. lO2
Langley Mfg. Co 97 99
Lancaster Cotton Mills
j (S C.) 100 106
I I,ockhart Mills (S. C.).. 97 106
; Marlboro Cotton Mills (S.
C.)
Orangeburg Mfg. Co., Ist,
pfd 103
Do., 2nd. pfd 92
•
AUQUBTA CLEARING HOUSE.
Augusta. Ga.. Nov. 14, 1906.
For the ear.
375,620.064.21 31*3.621,143.39
For the Month.
1905. 1906.
3 6.298,059.90 Januarv $ 8,132,832.93
4.117,184.35 February 6,738.339.95
6,636.11700 March «.199,503.8!
6.653,690.91 April 7.350.731.74
6,962.708.96 May 7.330.634.31
6,932,320.24 June 5,207.908.67
7,658,573.69 July 6,325,258.55
6,156,550.11 August 4,402.697.15
11,232.066.30 September 6.737,893.19
2.215.146.03 October 11,383.658.41
I 11.080,420.17 November
7,679,414.10 December
For the Week.
11, Ist week $2,519,861.70
i 3.169,112.56 2d week 3,421,623.64
2.750,847.36 3d week
2.413.313.57 sth week
988,500.97 stb week
For the Day.
$432,321.75 Monday $310,254.75
390.760.23 Tuesday 178 226.12
472.422.23 Wednesday 319,263.06
520.182.57 Thursday
368.576.26 Frldav
566.684.32 Saturday ........
CHICAGO GIN;
CllTlt MARKET
CHICAGO.—There was a slightly
lowt r opening In wheat, chiefly on (he
small response by Liverpool to our
advance of yesterday. Offerings, how
ever were scattered
UNION STOCK YARDS.—Hogs:
Estimated receipts today 30,00 u; mar
ket slow; quality fair; left over 4,000;
bulk $5.95a6.23; estimated for tomor
row 30,000.
Light $5.95a6.30; mixed $5.90x6.35;
heavy $5.60aC.37 1-2; rough $5.C0a6.80;
pigs $>.25a0.05; yorker* $6.20x6.80;
good to choirs heavy $6.25a6.37 j.j.
Cattle: Estimated receipts 25,000;
market steady to shade lower; quality
fair.
Beeves $3.85a7.15; cow« $1.80x4.40;
heifers $2.40a4.90; calves $5.00a7.60;
good prime steers $5.20a7.15; poor to
medium $3.85a5.15; stockers and
feeders $2.60x4.50.
Sheep: Estimated receipts 28,000;
I market, steady; quality fair; nstlv.
$3.00x5.50; Western $3.11)a5.40; year
lings $5.40x6.30; lambs $4.25a7.5*>;
Wt PN-j-ng $-1 9 f «7 20.
Wheat closed l-Bal-4c higher for
the day. corn was up l-Ba3 Bc, but
n»*« ""-rr off 1 Br, Provisions were
16a27 1-9 cents higher. Wheat short;
or that, matter the
bulls were In the same boat. The
bulls have but IHTe wheat ami they
ar afraid to go ahead and accumulate
a line. The local crowd la bullish,
in fact, the speculative world la bull
ish on wheat. That cereal is sure to
do better.
Cas.i nouses reported sales of 10
loads of wheat. 3 of corn and 200,000
bushels of oats at the seaboard; at
Chicaco the cash sah-s Included 26,000
bue*’«'W "’S'at. i;o,ooo bushels of oorn
and 90.000 bushels of oat*. Primary
reoel'.is wheat 1,017,000 bushels; corn
530,000 bushels; compared with 1,-
"00 and 839,600 bushels respec
tively.
METALMARKET.
NEW YORK.- Tin was silghtly
higher in the asking price for spot
and n""r-by delleverles. Copper was
firm. Load and spelter were quiet
STRENGTH SHOWN
IN STOCK MARKET
PRICES CONSIDERABLY HIGHER
THAN DUE ON CABLE*—BY
COMPARISON IF FORTY PER
CENT. OF CROP IE IN SIGHT BY
DEC. 1, TOTAL SHOULD BE
OVER FOURTEEN MILLION
BALES.
NEW ORK.—The stock market open
ed with' general advances, headed by
Anaconda, which started In 4 points
higher on the reported new large
all Ike Reading and Northwestern
gained 1 point. Great Northern pre
i lerred rose 1 1-4; Brooklyn Rapid
Transit, and Southern Pacific and Uni
ted States Steel common, rose 5-S;
St. Paul 1-2; Brie and Southern
Railway 8-8; Atchison 1-4 and Penn
| sylvanla 1-8.
The markot showed decided
! strength all through the first hour,
with St. Paul lha principal feature of
Interest. There was persistent buy
ing of this stock by Standard Oil In
terests. The advance front 176 to
178 3-4, was accompanied by reports
of a coming stock issue and subscrip
tion rights. Hill stocks were strong.
Practically everything made some
gain. In the first hour’s trading, and
the lone was more conflden than It
has been for many days.
Government bonds unchanged; oth
ers irregular.
(By Argo ft Jester)
NEW YORK—The manifest uneasi
ness of outstanding short Interest,
which Is still of comparatively larger
volume than expected should lead to
further rise today In view of extreme
strength In Bt. Paul, and the excellent
jttme for other standard sharea, espe-
I dally as there seems no reason sot
apprehension as far as monetary con
ditions arc concerned. Present high
rates for call and time money cannot
last very long, as currency should soon
ho moving this way from the West,
while the more favorable financial out
look in liondou will doubt lesa be em
phasized by a further strengthening
in the reserve of the Bank of England
as reflected In tomorrow’s weekly fig
ures. Union Pacific should grow In
favor and price, while Southern Pa
efle, Reading. Canadian Pacific, Baltb
| more and Ohio, Loulavllle and Nash
ville, Copper and Steels, as well as
the standard shares generally should
* do much better.
COTTON MARKET
WAS JUITE ACM
"
GENERAL ADVANCEB ALL ALONG
LINE WITH BT. PAUL IN LEAD
OWING TO BUYING BY STAND
ARD OIL INTERESTS MORE
CONFIDENT TONE THAN IN
SOME TIME.
NEW YORK.—Business this morn
ing was very active and prices In cot
ton were considerably higher than due
on the Liverpool cables. After the
leading options had worked off 6 to 7
j points, from the top, there was some
! rally on support from commission
houses.
(By Argo ft Jester.)
NEW YORK.—Charles C. Cowan
1 says Indications point to a bumper
crop. December 1, 1904, there was
marketed 6,030,000 bale*, which was
it little over 41 per cent of that crop.
If wo market an average of 550,000
bah"** a week to December 1. we will
have marketed 5.684,066 hale*. As
.there were no protracted ralna and
| tropical storms to retard the mar
keting of the crop of 1964. and as this
(crop is admittedly later In ft* open
ing and marketing than that one, there
can hardly be over 40 per cent, of this
crop In sight by December 1. If 4c
per cent, thu crop should be 14.210,660
baies.
ADVANCE 111
CDTTBN MARKET
_____
Advance Has Been Continuous Since
Saturday and Price Rapidly Nearing
. Eleven-eent Mark In Augusta.
The cotton market went, on the
boom Wednesday, compared with the
tame manner In which It Dan been go
ing for the last few days up to Sat
urday's close. Saturday things looked
blue for the cotton farmers Who still
had cotton to sell as prices for D*
com her cotton dropped below the 9 1-2
cent price. Only one thing kept up
hon* 'n A"»its% -nd that, was the fact
that the local spot cotton was strong
selling about 56 to 06 points alwm
the future market for near delivery.
Wednesday tho market showed de
elded strength, and t,b e net advance
scored wa* some 25 to 30 points. Cot
ton has now gone way above 16 cents
and the best grades are approaching
'tho 11-ccnt mark again.
Out on Cotton Row everybody
* 'V* let even In the face of the
advance the sales are very small and
holder* arc firm.
1 A feature of the day’s transactions
In thr- cotton market was the heavy
huvln* In 'Liverpool, 12,006 bales be
tnv sold, whioh 1b the large**. In many
t weeks.
All the News
*3 Doily, Weekly and j*
| Sunday Editions |
THE HERALD
Is a home paper,
going directly into
the hands of those
the hustling mer
chant wants to
reach. It is read
at a time when
reading counts.
It is read by the
whole family ...
THE BEST
ADVERTISING
MEDIUM
THE HERALD
DAILY AND SUNDAY—Seven days a
week, 13c; three months $1.50; six
months, $3.00; one year $6.00....
YOU GET
the news of the
world by wire; a
splendid Special
Service. Fullest
and quickest local
news, and all
that’s best, relia
ble and newest in
newspaper work.
You Should Read the
Large Sunday Edition
THE AUGUSTA
HERALD
PAGE EIVEN