Newspaper Page Text
FRIDAY, AUGUST 21
News of the Cotton Crop and Markets
AUGUSTA COTTON MARKET
■ ■■■■ i ■ ■■■ -
Middling: Today 103£
Middling Last Year 13}^
New Cotton Today 9%
Tone—“ Quiet
New York Cotton Market
(Today’s Figures.)
Open. High. Low. Close.
January 8.66 8.69 8.57 8.63
October 8.60 8.74 8.60 8.74
December 8.54 8.66 8.57 8.63
Tone steady. Spots 94»c.
(Yesterday’s Figures.)
Open High Low Close
January 8.81 8.81 8.48 8.60
August, . 10.06 10.06 9.48 9.60
October 9.15 9.15 8.58 8.72
December 8.83 8.85 8.50 8.61
Spots—lo.lo.
* — J : - - - ■-
NEW ORLEANS COTTON.
(Today’s Figures.)
Open. High. Low. Close.
January 8.52 8.58 8.44 8.53
August 955 9.60 9.45 9.60
October 8.65 8.74 8.51 8.70
December 8.54 8.63 8.47 8.59
Tone, steady. Spots 10c.
1 "
(Yesterday's Figures.)
Open High Low Close
January ... B.SB 8.85 8.57 8.69
October 8.94 8.94 8.65 8.75.
December 8.85 8.85 8.59 8.68
Tone—Quiet and Dull
Spots—9 3-4 c.
FULL QUOTATIONS
IN LOCALMARKETS
(Today's Figures.)
Good ordinary 7 7-8
Strict good middling 8 7-8
Low middling 9 7-8
Strict low middling 10 1-4
Middling 10 3-8
Strict middling 10 1-2
Good middling ...•..- 10 5-8
Good ordinary stains 7 1-2
Low middling stains 8 1-S
Low middling stains ...81-8
Tinges (Ist) 10 1-4
Tinges (2nd) 10c
(Yesterday's Figures.)
Close.
Good ordinary 8
Strict good ordinary . . ..9
Low middling 10
Strict low middling 10 3-8
Middling 10 1-2
Sirlct middling 10 5-8
Good middling . .. 10 .3.4
Good ordinary stains .... 7 5-S
Low middling stains , . . 8 1-4
Tinges, Ist 10 3 8
Tinges, 2nd .. . 10 1-8
AUGUSTA DULY
RECEIPTS OF
COTTON
1907. 1908.
Ga. R. R
Southern R. R 3 51
Central H R 44
C k W. R. R 3O
A. C. L. K. K 4 26
Net receipts 7 186
Through
Total 7 186
RECEIPTS, SALES
AND SHIPMENTS
Net receipts today ..186
Through c.tton today
Gross receipts today 186
Receipts for Week.
Sales. Bpln £bplt.
Sat 250 241 381
Mon. . . . 114 112
Tue* ... 367 34S
Wed. ... 306 275 673
Thors ... SSI 313 3
Fri 364 258 .. .
Totals . . 2002 1548 1067
1903 1907.
Sat 517 122
Mon .... 39 62
Tues . • . 173 44
Thurs. ... 2'3 7
Thurs ....
fTI .... 15' 7
Totals . .1214 246
STOCKS AND RECEIPTS
Stock in Augusta, 1908 8,741
Stock in Augusta, 1907 5,950
.Received since Sept. 1, 1907. .357,169
Received since Sept. 1, 1906. .369,594
IN SIGHT AND SUPPLY
Sight to Aug 5.-11,417,113 13,396,484
! During week. . . 60,732 52,266
Visible supply... 1,863,296 2,537,208
ESTIMATES FOR TOMORROW
•
Today. Last Yr
4-500 Galveston 1790
6-7000 Houston ....
New Orleans 149
PORT RECEIPTS
Today. Last Yr.
Galveston 8482 J 504
New Orleans 326 125
Mobile 180 1
Savannah 958 27
Charleston -147
Wilmington 315
Norfolk 262
Baltimore ....
New York
Boston 19 ....
Philadelphia 2
Brunswick ....
Pensacola ....
.arious • ....
Total ports test) ...11,000 2407
INTERIOR RECEIPTS
Houston 5568 1999'
Augusta 186 7
Memphis 44 72
St. Louis 22 .....
Cincinnati
Little Rock 17
LIVERPOOL LOWER
ON CLOSE OF
MARKET
LIVERPOOL Cotton opened Just
a shade lower than yesterday's elose
and there was hut little business
, transacted. During the session prices
j declined further and closed at a loss
of 2 to 5 points from yesterday. Sales
were .1,000 hales, receipts 1,000 bales,
tone steady, middling 12 points down,
closing 5.59. The range of quota
tlon was as follows:
Open. 2 p.m Closx
Jan & Feb . .4.72 4.71 4.71
Feb k Mar... 4.7644.7644 4.7214 4.7244
Mar k Apr 4.77 4.74% 474
Apr k May
May A- Jtme \
June & July
July & Aug ..5.47 5.45 5.46
Aug ft 5ept..5. 04 5.0144 6.0144
Sept * Oct. .4.8644 4.82 44 4.83
I Oct It Nor... 4.79 4 764, 4 77
Nov k Dec. .4.73 4.72 4.73
Dec k Jan ..4.7 444 4.7 144 4.71%
BAR SILVER HIGHER.
NEW YORK -London bar silver
23 1 J-! 6, advance 3 16.
, V.
CHICAGO MARKET.
WHEAT — Open. High. Low. Close.
September 938 a 94 44 938 s 93%
December 91 44 95 % 944 a 94V.
CORN—
September 77% 77% 77% 774. L
December 65% 65% 65b, 65%
OATS
September 4 9 4 9 44 4 9 4 9 44
December 48% 48% 4844 48V.
PORK-
September .... .... .... ....
October .... ....
I.AHu—
September 925 92744 912% 912%
Ocjtober <135 935 925 925
RIBS—
September 872% 875 865 865
October 882% 885 .875 875
New York Stock Market
Close.
Atchison 87%
Baltimore and Ohio 9344
Canadian Pacific 172%
Colorado Southern 33%
Denver and Rio Grande, pfd 67
Erie 22%
riliuois Central 136%
Louisville and Nashville 108%
Mexican Central 16%
Missouri Pacific 55 %
‘New York Central 10144
Pennsylvania 123%
Reading 124%
Rock Island 15%
Rock Island, pfd 28VI
St. Paul 141%
Southern Pacific 9944
Southern Railway 18%
Union Pacific 157%
Union Pacific pfd 85%
Wabash 12%
Wisconsin Central 24
i
IS. POTTER TRIED
FOR VIOLATING
.AUDUBON LAW
This morning in North Augusta
Mrs. Asbury Potter was arraigned
before Magistrate Hahn for violating
the Audubon laws of South Carolina
and she was fined $5, but sentence
was suspended.
It appeared* from the evidence that
a short time ago Mrs. Potter placed
some poison on her premises to des
troy sonfe very objectionable birds
and in some way a few other birds
ate) some of the poison and a lot of
hue chickens belonging to Mr. Ryer
son Guess also fell victims to the
poison.
Mrs. Potter pleaded guilty to the
technical viotation, but stated that
she had no intention of - destroying
any birds protected by law and that
she did not realize the possible re
sults of the poison she used. On
this ground the line was remitted.
LOCAL AND PERSONAL.
Officer Quarles reported shooting
a mad ' dog at. the North Augusta
■ bridge Thursday night. Officer Good
win also reported shooting a mud dog
at the corner of Broad street and Hast
Boundary. This makes three dogs
killed hi re in the-last fdW days.
The recorder's matinee was very
short Friday morning, there being
only two cases; both plain drunks.
Jennings Shipps was fined $2.50 or
five days, and the sentence was sus
pended. John Thomas was given
$2.50 or five days. The fine was paid.
Rev. J. B. Derrick spoke at Ihe
Sibley Mills Friday at noon, under
| the auspices of the Y. M. C. A. The
1 attendance was good, and. the meeting
was greatly enjoyed by the opera
tives.
Th<- many friends of Mr. and Mrs.
It. A. Wright sympathize with them
in the loss of the only child on Thurs
dav flight ai 10 o'clock. The little hoy
was about five months old and hail
been sick only a few days, The fun
eral takes place Saturday afternoon
at 3 o’clock from the family resi
dence, No 1720 Hicks street. Rev.
Thomas Walker officiating. The In
terment occurs at the city cemetery.
Sergeant Plunkett sent In Frank
Sutton, a negro, Friday afternoon
charged with larceny from the house.
It seen s that ihe negro went into
Geo. furry's home and stole $4 40.
He will he hound over to the city
I court.
COTTON COMMENT
■ --I
Fifty-one hales of new cotton came
! Into the city today.
Receipts for the week ending to-
I dav are 1,214 balea. Of thla 225
: bales were new cotton.
Loral cotton mills bought 1,547
! bates of. cotton tills wees. The total
1 sales amounted to 2.002 hales.
Stocks at United States ports are
j 182. 70 l bales of rollon against 284.-
| 11V bales at this time last year.
, The visible supply of cotton is 775,.
j 000 bales under last year.
Heavy rain- are occurring over th*
I entire cotton belt today.
j ''Clinch field, the Coal of quality.’
THE AUGUSTA HERALD.
J. G. McAILIUF,
Market Editor
Tnterboro Metropolitan 11%
lnterboro Metropolitan, pfd .... 32%
Great Northern ..135%
Amalgamated Copper 76%
American Car and Foundry .... 40
American Locomotive 56%
American Cotton Oil ... 34
Am. Smelting and Refining .. .. 92%
Am. Smelting &. Refining, ptd. 108
Brooklyn Rapid Transit 51%
Colorado Fuel and Iron 33%
General Electric 143
National Biscuit 88%
National Lead 83%
Pacific Mail 24%
Peoples lias 9544
Sloss, Sheffield Steel.. .' 60%
Southern Pacific, pfd 119
Sugar U 4%
United States Sieel 45%
United States Steel, pfd 108%
Western Union 5444
Va.-Carolina Chemical 27
CROWDS ENJOYED
A FINEJWATINEE
Racing Event at the Fair
Grounds under Driving
Club Auspices Was one of
the Best this Season.
One of the most throughly enjoy
able race matinees held this season
was that given by the Augusta Driv
ing club Thursday, afternoon at the
Georgla-Carolina Fair grounds.
Four races were pulled off, each
one close and fast. More than a
dozen horses started, and every ani
mal was in the pink of condition. A
characteristic feature of the racing
events was the promptness with
which every heat started.
The first race, a class for pacers,
best two in three half-mile heats, was
won by Mr. J. W. Wiseman’s fast
little mare, Lady Jane. Her best
time for the half was 1.13%. Bobby
D., Dr. Newhall’s horse, came sec
ond, and Billy Nixon third.
The second race waR won by Bus
(er Brown. Mr. T. J. Daly s trr # ter,
making best time, for the half in 1.27
Maude Scott, a mare belonging to Mr.
J. W. Wrens, of Wrens, Ga., finished
second in the racd.
The third race was won by a fast
trotting horse belonging to Mr. R. B
Anderson. His best time was 1.30
for the half.
A sumptuous dinner was served to
a large crowd of visitors and every
event on the program went off with
out a hitch. The matinee was pro
nounced one of the best ever held at
the Fair grounds.
it. is expected that another race
matinee will be put on next Thurs
day. I
GIRL FELL FROM WINDOW
SUSTAINING BROKEN ARM
Florence Robbins, the five-year-old
daughter of Ensign Robbins, of the
Salvation Army, fell from a window
at their home, No. 572 Kills street,
this morning and sustained a brok
en arm. She was taken Immediate
ly to the city hospital, and is ex
pected to be out figaln in a few days,
as the fracture Is not a serious one.
MILITIA COMPANIES
TRANSACT BUSINESS
The Richmond Hussars held Ihelr
regular nieeSug Thursday night at
the Armory. It was a business meet
ing, but ihe only business transacted
was the electing of a The
gentleman whose name was put be
fore Ihe troop was unanimously elect
ed, but as he has not accepted yet, hit.
name will be withheld for the pres
cnt. .
The Clinch Rifles held their mee,
tng Thursday night, and nothing but
routine business was before »he com
panv. The selection of a captain was
talk'd over, bin no one has bean
mentioned pi m ■ probable successor
to MaJ Flllott.
COTTON BELT FORECAST
Louisiana: Partly cloudy weather;
probably showers tonight or Satur
day; ligh' to fresh vsrlahle winds
on the roast. /
Arkansas Generally fair
Oklahoma Partly cloudy weather;
probably showers Haturday.
Fast Texas ar-d Katurdav
partly cloudy weather; scattered
showers lonian! or Haturday! light
to fresh southerly winds on the
coast
West Texas Tonight and Haturday
partly cloudy weather; scattered
shewers tonight or Saturday.
COTTON SITUATION
PERPLEXING TO
TRADERS
Big Inroads Made into
Profits of Bulls and De
cline Was Most Sensa
tional of Recent. Years.
NEW YORK -Although the mar
ket at Liverpool opened higher than
expected. It reacted sharply, but at
the time of the local opening the
eoiton exchange was only a point or
so hotter than was due, causing n re
newal of aggressive hear hammering
here, under which prices gave way
rapidly to below Thursday's lowest
level for October. On the call Ihero
whs some heavy sales of October.
One broker estimated at 10,000
hales of October, set' down for bull
houses, who, it is believed, have not
vet completed their liquidation. Sen
timent in the pit continued extremely
bearish on the crop ami (rude situa
tion and professionals freely predict
od eight cents for October cotton be
fore the present movement exhausts
Itself. Under 8,60 more stop loss sell
ing orders were reported, causing a
quick break to 8.51, or a new low
record. At 10:20 o’clock the market
rallied slightly, lint was very fever
ish at about an advance of seven
points from the low ievel.
MUHIN'S ROAD
MADE A GOOD
SHOWING
(By T. C. Shotwell.)
NEW YORK Southern Pacific sold j
at. par today for the first time In lt.i
history. This was an event of tre
mendous Importance to the Harrllnnn
people and was properly celebrated.
They lei It he known that Southern
Pacific 1r to be their markel tender
hereafter and that If the corn crop
fulfills present expectations the divi
dend on the common stock will he In,
creased to seven per cent.
Aside from Southern Pacific's re
markable advance the stock market
was dull. Union Pacific sold lin
early trading at about Ihe highest
figures of yesterday as did also N«c
York Central, Northern Pacific, Great
Northern and St. Paul. Tin- metal
stocks wore heavy, Smelters losing a
point and Amalgamated 1-2 point.
On the curb Lawson's Bay State
Gas moved for a new high record of
2 1-2 and there were very large trans
actions in It, especially in Boston. Oth
er stocks on the curb were dull, but
with the shares representing the Plly
and the Cobalt camps In good do
mand. Goldfield consolidated was an
other steady stock.
Cotton was broken $1 a hale In the
first, live minutes of trading and hrok
ers said that the plunger Livermore
had been practically eliminated from
tin- situation. A material decline in
October Is now expected because of
the very large crop In view.
Grain was 1 2c lower in t'hleago,
but. more than recovered the loss
on late trading
The I.ondon market was quiet with
no material changes in the American
department.
WHEAT AND COON
LOWER ON THE
CLOSE
fIHKIAGO 111 The grain market
opened a fraction und< r yesterday s
close, tint after the first prices were
recorded an advance* wai noted, wheat
reaching a new high point
After the morning session prices
saggged and wheat closed at a loss
of half a cent under yesterday's fig
arcs Corn was down also; oats were
a shade higher. Provisions were
lower Trading was active through
out the day.
MUCH Irnctn
111 GUIING IT
' in JOES
NKW YORK The general opinion
Is that the long interest has not (in
Ished liquidating The market held
steady on shorts covering, who, it is
said, experienced some difficulty in
getting all the colion they wanted as
hears are disposed to wait for a rally
In prices, alter nearly seven dollars
per bale decline, before putting out
Inrfher short linen
At these prices cotton should be
bought In the south about seven and
one-half cents per pound In order to
make delivery on New York eon
tract flits is done with the hope
that the New York contract will he
chang-d and Is so. tin- moment check
FINANCIAL
THE NATIONAL BANK OF AUGUSTA
707 BROAD STREET,
ORGANIZED 1865.
CAPITAL, SURPLUS AND PROFITS . $450,u00,00
L. C. HAYNE, President. CHAS. R. CLARK, Cashier.
beginning AUG. IST, 1908, this Bank will pay 1 per rent in
(crest Mil CERTIFICATES OF DEPOSITS. These ccrtificat.-s will
be issued by us in sums of SIOO.OO and up, for stipulated, periods of
time, to suit the Depositors’ convenience.
SAFETY LOCK BOXES $3.00 TO $20.00 PER YEAR.
The business of our out of town friends carefully looked after.
CORRESPONDENCE INVITED.
You can draw your money at any lime it
you deposit, it with us and take one of our
CERTIFICATES OF DEPOSIT.
We pay you 4 Per Cent per annum if
you leave it with us three months or longer.
The National Exchange Bank.
CAPITAL AND SURPLUS, $540,000.00.
Georgia Railroad Bank
Augusta, Georgia.
This Bank Solicits the banking business of
merchants and corporations. Wo pay 4 Per Cent
Interest on all deposits placed in onr Savings Dept.
YOUR ACCOUNT INVITED.
The Merchants Bank,
always progressive, ha:: secured for Ihe convenience and safety of
its customers the exclusive use In Augusta of (he Coupon CortilicatO
of Deoplt ( which bears .intonuitic Inler-st coupon paving foil•- pet
cunt Interest four times a year. Your consideration and business In
vited.
CAPITAL and SURPLUS. - - $.100,090 00.
THE EXPERIENCE
of thmißamlH of our depositors tw identical with that of the person
who has not bosun to save The hardest part about the whole busi
ness for them wrh the STARTING POINT. After thn In* was broken
arid the start made It wuh found to be an easy matter to lay
aside a certain sum each week or month. And ft Ik ccrtnluly aaton
iHhlrit; how rapidly a bank account grows. enpoeially when \ per
rent IntcroHt in added to it each alx montha. < otic in and make
your start tomorrow morning ohrly.
“WHERE SAVINGS ARE .lATE.” jL
THE AUGUSTA SAVINGS BANK
8?3 BROAD STREET.
Railroad Schedules
CENTRAL OF GEORGIA
RAILWAY.
(Current nciMMiuiftft i*orr«*<*»fri to Date.)
(7&th Meridian Time.)
DEPAH rURES.
For Ha Vftnnoil uml Macon . .. ••7:3oam
For Dublin anti HaVnnnaJi *2:4r>{jifc
For Huvann.ih and MucOii **H 40|un
For Savannah aml Mn< on fliMOpin
For Havanrmli, "Tyla***, limited" !l7;«Mufii
ARRIVALS
From Havannah arid Macon ... ••/ M/pm
From Savannah and Muoon . bourn
Fnjm Savannah and Macon . ...!!B.Joam
From Dublin and Havunnah.. . .*ii .4bprn
Front Mvun'h “Tyboe Limited" 1112:46mui
•Dally. ••Except Sunday. MAundity only
DrMvtdK Hoorn Weeping Dare bet
AriKUHta and Havunnnh on nlffhi trnlim
Connect* at Mllh'ti with through Micep
Ing cure to and from Mfittm.
OolurrilitiN, Birmingham ami ('tilc'.gjo. lile
F. F HOWICRH, W. VV IIADKDTT.
Com I. /.*« Trav. I’uea. Aft.
7 lf, liroad Ht.
illK further hcarlrth efforts, hilt trade
rondldlUoiiH f«very Had arid with
ih<* la rsco profipcftK itgalnM any tint
in rial advance. Carpenter, Itaffolt
(j (Jo.
LOCAL PRODUCE MARKET
f'ahhage, |»'r Ih \%i
I'otiitoe*. | mi' Htiek 12 mOA-|2.7‘i
1/fmoiiK, per lion |4.r»o
Onion*. per hiiahei JITJTi
Peanut*, per 111 .U&U%r
Butler, per Ih 2ti42K"
Kkk*. per dozen ... * ‘i'h:
N. Pippin apple*, per bbl .12.7
STOCKS DOWN ON
TOE OPENING
PRICES
NKW YORK. Th'' appearance of
the stork market at the openlnk Indl
eat»M| apparently that a larae part o'
y«»ierd*y'B rally in prior* from lie
lowMt flKiirel hare rnerily r'p|i *e[!t
ed eoverltn of nhort contract- Htnelt
Inf? opened half lower. Reeling open-
PAGE NINE
FINANCIAL
Railroad Schedule!
a
Charleston & Western
Carolina Railway
The* following nrrtvau *;.fl depart urea
of tiiiiii'', Union Hluilon, AuauMta, (Ja. t
nM we*ll hn roitff I lon* vMUi oih»»r rompa
nloM, ir« ulmply glve-n an Inform*lion,
and urn not gimrantoe'd’
May ai, uoh.>
DEPARTURE*
6;30 a m No, ?, Dully for AnVr»oa,
Wallndln, otr*.
JO: 10 a, m.—No. I, illy for <fr*rnwoofl,
i,HUr*»n*, (in ■* nvllle, Spartanburg,
Hoiidi*rm>nvlllo and Aih* villa.
2:ob p. m. Ne>. 42, I tally e*>:e*e*pi Sunday,
for Alltiid.ilf, Fairfax, UharlagtOlL
Ha vamin ti. Rruufort, Port Royal.
700 n m. No HB, holiday only, for Al
- C’hurltMon, I'l'HUfort, Port
lloynl, Hiivannuli.
4:40 p. ot Nii ;t, Dully far Oraanwood,
No. f» ha ve i (it '‘ o wood at 0 60 a.
in for rtpurtanburg.
ARRIVAL*
No. 4, Dally iroio • .re*on wood. 9*35
* rn No 41. dilly e-jo-cpt Monday, from
Charlaalon, Hnvimimh. l!*itufort. Port
Royal, <•!»• . No. 17, Monday, only, from
lle»uufort, port Royal Clint'ltitun and *•-
*'afinal), IHo n m. 12:30 p. m. No. 'i,
dally from AnliuvlHcij, Hpirtanourg.
UrTt'iiwnoil, He i, | n. in No H, dally
from AndiiiNOii, Virrnirlc, *to., /»6
p m
'l’rnlno 41 mid 13 nnd 37 nnd 38 run
•olid !**’! WH'ii AiiKUHi.t and f hurl an ton
t ifft rt Ivr- Juil* IC, 1908, the»i<* will 0#
Trl -Wee-Kly f*arlor (Vir mtvlo* bat w«*c»n
Augofttu and a Mtiovlltr, Davlng AuguHta
Tm- d iya rimiMday i And :‘..itiirelaya;
Adtn*vll|o Mondayn, Wninf <iny and Fri
day*. Train* No-. I and 2.
KKNKMT w 11.1.1 a MM.
Uinaral Pa*«anv«r Ag*nv
No. 607 {Roadway, AugOMta. <»a.
A TLANTIC
Line
I SO J'|' Tit" ' FTIVmIh and clfp.ii 1 ur4*
nia given a* In forma I lon, hut arrival and
connec t lon* ar* not guarnntocui. V
No 82. No. 36
No th May f 1008. Mouth.
2 30pm L*" Aoguatu Ar. 10 ooad
4 05pm f,v. ... fia rn w**ll 7:h6an
I 4 30pin bv ... Denmark ,Lv. 7 r.bao
b OJtpm f.v .. OrungHiurg .l/V 7 I bun
6 bOptn I.V Hiiirititr l<v. 6 o0.»m
7 it,.pm Uv |T|orcmc« .. . l.v, 4 40uin
4 iO.im Ar . Ric hmond ....Mf. 7:26pm
*?» Vtiiin Ar Waalilngton .. Lv. 3 45pm
II V'iim Ar . Paltliuoro ... hv. 2 llpif
I Up. iAi W I'lilhi. ,Lv. II b6am
4 Ptprn Ac t’» w Vork. !d Ht Lv. 0 2 bunk
Irt f MAN PAlirm CAM hot w*««
Auk i in nnd ,N>w York without < tiunga
Dining Car H*ivlc«», klor»nc«* to Srnm
Tork.
f. r> MTtffj.UM.
Ag»*nt, 107 Hrorfd .4t.
T < WHIT.*:, W I ClitAlO.
(on I’a* Pact*. Tral! 64g*.
Wilmington, N. c.
<d :1 lowc*r and fJrnat \orthom pr%
j fc-rrc cl dt c line d !! I Ate lilxon lo*t
• H and Nor'lv rn Pnclflr find Hindi
prnrenod utarud 3K down. AmnUa*
iii'fd f'opptr Hhownd it log* ot I4L
C'n lon i'uclftc opaipjd A-4L *