Newspaper Page Text
SUNDAY, AUGUST 30
News of the Cotton Crop and Markets
AUGUSTA COTTON MARKET
LAST quotations.
Middling IOV4
New Cotton
Tone—Steady
- New York Cotton Market
(Saturday’s Figures.)
Open. High. Low Close.
January *4O 845 888 841
August . •• •• •• •• ••
October *" 858 86t 852 858
December 848 852 845 848
Tone—Steady. • Spots—9.oo.
NEW ORLEANS COTTON.
(Saturday’s Figures.)
Open. High. Low. Close.
January 857 857 ‘853 854
February ~
March .. .. •• •• 888 888 888 88 ‘ J
September ~~~Z B l\
October ... ... ............... 862 862 805 B.>b
November ~ ~~~
December ...... 857 857 850 85^
Tone—Steady.
FULL QUOTATIONS IN
THE LOCAL MARKETS
Cotton Exchange is not giving quotations, stocks
or figures Saturday, except New Orleans, Chicago
and New York quotations. Nothing local.
LIUERPOOI IS
HIGHER OH
CLOSE
LIVERPOOL— Closing Cotton—Spot
sm 41 business done; prices Ift points
higher. American middling fair 6.00;
good middling 564; middling 544; low
middling 520; good ordinary 160: or
dinary 420.
The sales ot the day were 3,000
hales ot which 200 were for specula
tion and export and included 2,700
American. Receipts 2,000 bales, in
cluding 1.600 American. Futures
opened easier and closed steady.
Open. 2pm Close.
Jan & Feb . . .458 ... 461%
Feb & Mar . . . 459% ... 463
Mar & Apr ...463 ... 464%
Apr & May
May & Juhe
June A July
July & Aug . ..523 ... 531
Aug &Sept ... 483 ... 489
Sept & Oct . . . 467 ... 470%
Oct Jfc Nov . . ..463 ... 466%
Nov & Dec . . .460 ... 463
Dec & Jan . . . 460 ... 461%
IN SIGHT AND SUPPLY
1908. 1907.
Sight to Aug 29 11,590.638 13,520,656
During week . , 101,488 69,534
Visible supply . 1,713,541 2,393,844
ESTIMATES FOR
TOMORROW
Today. Last Tr.
Galveston 4,387
5,500-6,500 Houston ■
1,600-2,200 New Orleans 23
PORT RECEIPTS
Today. Last Yr.
Galveston 7647 8399
New Orleans .... .1370 446
Mobile 195 28
Charleston 13 198
Savannah 2616 501
Wilmington 1
Norfolk 6 18
Baltimore
New York
Boston
Philadelphia .... .
Brunswick
Pensacola
Various .. .
Total porta est. . . 12000 4591
INTERIOR RECEIPTS
Houston 6620
Augusta 876
Memphis
St. Louis ——
Cincinnati 901 ——
Little Rock
chicagocask’grain
QUOTATIONS SATURDAY
CHICAGO. Ill—Cash quotations
were as follows:
Flour steady; winter patent, 4)oa
-460; straight. 315a345; spring pat
ent. 550ar.60; straight. 400a570; bak
ers. 2708400; No. 3. 95a102; No. 2
Red. 94\ia96; No 2 corn. 78H»7«;
.No. 2 yellow, 80ag0 1-4; No. 2 white.
No. 3. white. tlaiO; No 2 rye,
76; good fsedtnr barley. 6086264, fair
to choice malting. 6264*65; No 1
North Western. 127 64; prime Tlmo
thv seed, 360; short ribs, sides (lose)
8«264**95; mess pork, per hbl. 1465;
lxrrt per 100 lbs., 93764 »hort clear
sides (boxed, 925; Whiskey basis of
high wines. 137.
W beat— Receipts. 92.200 bushels;
236.600 shipments.
Corn—Receipts. 284,400 bushels;
106.900 shipments
Oats—Receipts. 305,800 bushels,
194,100 shtpmaDU.
1 SATISFACTORY
BANK STATEMENT
Situation Shows Money
Plentiful and Conditions
of Banks Most Excellent
During Past. Week.
NEW YORK. —The statement of
clearing house banks for the week
shows that ’he banks hold $65,358,975
more than the requirements of the 25
per cent reserve rule. This is an in
crease of $2,211,000 in the propor
tionate cash reserve ns compared with
last week.
The statement follows:
Imans $1,289,795,600, increase
$3,204,300.
Deposits $1,394,617,300, decrease
$6,482,400.
Circulation $54 685,200, decrease
$490,400.
Legal tenders $79,871,300, increase
$956,300.
Specie $334,142,000, increase s’.
875,300
Reserve $414,013,300, increase
$3,831,600.
Reserve required $348,654,325, in
crease $1,620,725.
Surplus $65,358,975, increase $2,
$2,209,325.
U. 3. deposits $67,670,850, increase
$2,209,325.
The percentage of actual reserve of
the clearing house hanks at the close
of burjness vesterday was 29.61.
The statement of banks and trust
companies of Greater New York not
members ot the charing house shows
that these institutions bave aggregst?
deposits of $1,043,606,500; total cash
on hand $103,729,600 and loans
amounting to $933,862,100
SPOT COTTON MARKETS
GALVESTON —Tone, quiet; mid
dling. 9 I I
NEW ORLEANS - Tone, quiet; mid
diing, 964-
MOBILE —Tone, quiet; middling,
8%.
SAVANNAH—Tone, quint; mid
dling 964-
CHARLESTON—Tone, quite- mid
dling 9.
NORFOLK—Tone, dull; middling
10.
BALTIMORE — Tone, none- mid
dling 1064.
NEW YORK —Tone, quiet; mid
dling 950.
BOSTON—Tone, quiet; middling
950.
I PHILADELPHIA —Tone, quiet, mid
idling 975.
HOUSTON—Tone, easy; middling,
964.
MEMPHIS—Tone, quiet; middling
964
ST. LOUIS —Tone, dull; middling,
t\.
LOUISVILLE—Tons, quiet; mid
diing 10.
LITTLE ROCK—Tone, dull; mid
dling. 9 14
Omv 00003 MARKET
N’KW VOKK The Dry Good* Market
»;i« qutet for the day. Trade |„ print
(■lotfi* snd convertibles continued better
Jobbers ere moving oul seasonal.; cot
tons In a small wny. I trees g torls re
main generally slow In llrst luo.ds but
lobbers are making headway m reduc
ing stoek*. 1-Inerts are In better request
Burlaps ars quell with prtres c trier
Yarns are fairly stsady at tbs new loy
prices* j
CHICAGO MARKET.
(Today’s Figures.)
’ Open. High. t.ow. Close.
WHEAT—
September 94% 95% 94% 94%
December 95 95% 94% 94%
May 98% 98% 98 .98
CORN—
September 77% 78 77% 77%
December 66% 66% 66% 66%
OATS—
May 64% 64% 64% 64%
September 49% 49% 45% 48%
December 49% 49% 49 49
PORK—
May J 51% 51% 50% 51
September 1475 1475 1462 1465
October 1 485 1487 1487 1477
LARD—
September 937 937 935 937
October 943 947 945 945
January 937 937 935 935
RTBS —
September 887% 890 887 885
October . . .. • 895 897 895 895
January 840 840 832 832
New York Stock Market
Amalgamated Copper 80%
Am. Car and Fundry 41%
Am. Car and Foundry pfd .. ..103
Am. Cotton Oil 35%
Am. Hide & Leather pfd 20%
Am. Ice Securities 29%
Am. Linseed 11%
Am. Locomotive 57%
Am. Locomotive pfd 106
Am. Smelting & Ref'ng 98%
Am. Smelting & Ref'ng pfd.. .108%
Am. Sugar Fefintng 135%
Am. Tobacco, pfd 94
American Woolen 24
Anaconda Mining Co 48Vi' 1
Atchison ..91%
Atchison jrfd .' ..94%
Atlantic Coast Line 51
Baltimore A Ohio 95%
Baltimore & Ohio pfd 88
Brooklyn Rapid Transit .. .. 53%
Canadian Pacific 176%
Central Leather 28%
Central Leather pfd 96%
Central of New Jersey 200
Chesapeake A Ohio 42%
Chicago Great Western 6%
Chicago A North Western .. 161 %
Chicago, Mii. A Sty Paul 144%
C., C.. C. & St. Ignite 55
Colorado Fuel & Iron 36%
Colorado & Southern 35%
Colorado & Southern Ist pfd . .64%
Colorado & Southern 2nd pfd ..57
Consolidated Gas 145%
Corn Products 19%
Delaware A Hudson 170
Denver A Rio Grande 27
Denver & Rio Grande pfd 68
Distillers' Securities 36
Erie 23%
Erie Ist pfd 39%
Erie 2nd pfd 29%
General Electric 146
Great, Northern pfd 138%
Great Northern Ore Ctfs .. .. 67%
Illinois Central 139%
Interhorough Met 11%
Interborough Met. pfd 33%
International Paper 10
International Paper pfd 55
Inte.rnational Pump 25
lowa Central 17
Kansas City Southern 25%
LOCAL STOCKS AND
BONDS.
(Correc’Pd by Martin A GitrretM
Government Bonos.
Hal.
IT.l T . S. 3k, 1905 IbO
l .S, 4:4, 1925 120%i
11. S. 2s, 1930 103
State Bonae. •
da. 3'fcs, ItSC .) A. .1. kt —-
Oa 3’4h. 191 r». M Sc N . 95
Oh. 4 Vi*, 1322, .F Sc .1 10S
City Bonds.
August**. 4s, 10.51, M *Sf S.. 97 ——
AURUyt./'h 1925. A A O 10)
Angus tit tn, 1931, M A SI 9T
Atlanta Gs, 1914, J A J.. IQB
Augusta 4s, 1935, M A e N.. 93 —-
Charleston 4s, 1009. .1 & J 99
Charleston 4Vi». 1923, A
4 O 104
Charl**Kton ss, 1924, A
& < > 105 ——
Coumbla, 4s, 1910, J A J.. 06 -
Columbus 4Vis, 1927, J
J. St J 103
Railroad 6tocks.
Atlanta and West I'oint
R . 140 144
r;,i R K ;*n«l nankins Co 2J I 217
A Sr S Ft R Co 103
Southwestern It R Co . . 10J 10b
Bank BtocK«.
Ausustfi Savings bank . 175 ——
Irish American Hank (pur
?25) 40
Merchant* Hunk 190 If*
National Bftr.k . 133 *4O
National iOxchang* Hank. 126 Kb
I'lantern J.oan S Suvlnf*
Bank (per $10) 20 2 1
'4nlon Savings Hank (par
VJc 82Vi
CUlz'-n*’ Bank ... I'll
Locsl Bonds.
t Augusta Factory Ist 6m.
(MS M and M.... I'l
Augusta Ry Sr Klee. Co
Ist ;.s, 1940, J A L> 94
i lion Air Hot»l Co. 6s,
J Sc 11011-21 100
! Jacksonville ss, 1924, M
A S 104
j Macon 4«/ i». 1920, January
I quarterly ..101 ——
; Macon l*». 1910, January
quarterly .. ... 103 ——
Savannah ss. 190 i, F*ts
- tuary quarterly 93
Savannah 5s 1914, January
j quarterly .. . 102 ———
Local Bonds.
I Enterprise Mfg Co. Ist
s*. lf-'3. M AS 93 t 7
, Sibley Mfg Co. Ist ss,
due 1923, J A D ... .. 93 97
Pailroad Bends.
Augusta Ho Ry Ist mort
g. > J A I) . .. M 69
C of On Ry Ist Mfg 55..
* 1945 F h nd A 110
C of c*% Ry Ist con Mtg
f,s. 1945 M and M .I<*V*
C of (in. Mac a Nor Dlv,
Ist sa, 1944, J and J .. 99 J*)l
Central of (fa M, (i and
AtC I ’ -'.a. 194'. J A J 99 102
Central of G* I£al»*nfon
Mranch, Ist sa, 1924,
J and f» 99 102
C tit tin Ist pfd income
ss. 1915. fn t .. ..49
C of On 2nd pfd Incoms
5s 1541», O* t 49
C of Gt* 3rd Income. ss,
1945 <Vt . .. _
c* of Oh Ry Mobile Dtv
J*» 5s 1944, .1 Sc J ... ]of ——
CCA A 2nd 7s, 1910,
A tan4o 104 _.
R It A Hanking Co
I is <du«; 1910 IH ——
THE AUGUSTA HERALD.
J. C. McAULrfft.
Market Editor
Kansas City Southern pfd .. ..58
Louisville A Nashville .. .. ..109%
Minneapolis A- St. Louis .. ..28
Minn., St. P. & Sault St. M. ,t 23%
Missouri Paeffie 58%
Missouri, Kansas A Texas .. .. 32%
Missouri, Kansas A Texas pfd.. 61%
Nations Lead 85%
New York Centra 106%
New York, Ontario & Western 12%
Norfolk A Western 74
North American 62 %
Northern Pacific 163%
Pacific Mall 25
Pennsyvanla 125)4
People's Gas 97
Pittsburg, C. C. A St. Louis .. ..71
Pressed Steel Car 34%
Pullman Palace Car 166
Railway Steel Spring 14
Reading .. ..129%
Republic Steel 24
Republic Steel pfd 81
Rock Island Co 17%
Rock Island pfd 35%
St. Louis A San. Fran. 2nd pfd 27
I St. Louis Southwestern 17
St. Louis Southwestern pfd .. ..42
Sloss Sheffield Steel and Iron .. 63%
Southern Pacific 105%
Southern Pacific pfd 119%
Southern Railway 19%
Southern Railway pfd 49%
Tennessee Copper 37%
Texas & Pacific 25%
I Toledo, St. Louis A West 26
I Toledo, St. Ixiufs & West pfd ..57%
| Union Pacific 163%
I Union Pacific pfd 86%
United States Rubber 34%
linited States Rubber Ist pfd .100
United States steel 47%
| United States pfd 111%
'Utah Copper 44%
| Va. Carolina Chemical ~ 28%
Va.-Carolina Chemical pfd .. ..108%
; o abash ' (2%
1 Wabash pfd 26%
Weatlnghouae Electric 71
‘Western Union 55%
, Wheeling A Lake Erie 9%
| Wisconsin Central 24%
■ Standard Oil 626
GENERAL REVIEW
OF SITUATION IN
HURRETS
NEW YORK Although markef
views seemed rather divergent this
morning, another urgent covering
movement by the Hhorts brought,
about, a resumption of yesterday's
buying operations snd all th,. lead
Ing issues moved upward. Today's
market would indicate that virtually
all of the early weens short Interest
has been Iped out and that trad, rs
are now almost solidly arrayed on
the bull side. There were no Import
ant new* developments during the
day, but rumor was again busy with
the story of closer WarrlmanCould
relations. The annual report of tha
Reading company showed a decrease
In net by the railway of $432,000
while the coal company reported a
falling off of $874,000,
Canadian Pacific for July showed a
net loss of $232,000.
The bank statement as slightly
mixed and seemed to refleet the shift
ing aeeounts that may have been lie
cesHary by reason of the weeks un
usual conditions In the stork and cot
ton markets The sum total made
only a r.light fractional change In the
cash reserves, which averaged 29.61
per cent against, 29 88 per cent last
week.
Total sales bonds today were $2.-
100,009,
Total sales of stock today, 399,
OflO shaies, including sugar, 400; A
C L., 100; C * O , 500; L. A N., 900;
N. ft W„ 300; .So Par 57.80f1| Un
ion Pa< 53 800; f H. fitofl, 56,700;
Sloes flhef 600; Tenn. Copper, 200;
Va,-Carolina Chemical, 200.
NAVAL"STORES
CHARLESTON, A C.—Turpentine
steady at 36 1 4; rosin steady Quote
A. H. C, 2 27*As2 30, |». 2.30; K. 2 3.V
a 2.3761, r., 2 65*2.70, (i . J.7264*2.75;
H, 3 45; I 3 50; K, 415; M, 410
N , 5 )8; Wg , 5.75; Ww„ 690
SAVANNAH, fia Turpentine was
steady. 36; sales, 911; receipt*, 725;
shipment *6O
Rosin Arm; ssira, 2,740; receipts,
3,133, shipments, 700; stock $161,931.
Uwleston & Western
Carolina Railway
Th* followh.it nrnvai* «;.a <b»pnrtuves
of trams. Union Station, Augusta, Ga.,
us well as collections with other compa
ss. ire simply Riven us Information,
and are not guaranteed:
(Effective May 31, 1»08.)
DEPARTURES.
G3O n m. No. 7. Pally Tor Anlerson.
Seneca, Walhnlla. etc.
10:10 h. m.-No. 1, i>a!ly for Oreenwood.
Litarens, Greenville, Spartanburg.
Hendersonville and Asheville.
2:05 p. m. No. 4J. Pally except Sunda?- j
for Allendale, Fairfax, Charle«to*»,
Savannah, Heuufort, Port Royal.
7:00 a. m. No. 38. Sunday only, for Al
lendale, Charleston, Peaufort, Port <
Royal, Savannah.
4:40 p. in. No. 3, Pally for Greenwood,
No. & leaves Greenwood ut b:au *• \
ill- for Spai lunburtf.
ARRIVALS.
No. 4, Pally from Greenwood, fl-.Sft |
n. m. No. 41, dally except Sunday, from !
Charleston. Savannah, Beaufort. Port |
Royal, etc.. No 37. Sunday only, from
Beaufort, Port Royal, t'harieston and Ha
’onmih, 1:80 h m. 12 30 p tn. No. 3.
dally from Asheville, Spurt annul *.
Greenwood, etc., 6:15 p. m. No. 8. dally
from AnderNou, McCormick, «tc.. 7:30
1' m
Trains 41 and 43 and 37 and S 8 run
solid between Augusta and Charleston
Kffective June 16. 1908. there will be
Ti i Weekly Parlor Car service between
\uprusta and Asheville, leaving Augusta
Tuesdays Thursdays and Saturdays.
Asheville Mondays, Wednesday and Fri
days. Trains Nos. 1 and 2.
KRNBST WILLIAMS.
General Passenger Agent.
No. 807 Broadway. Augusta (la.
CENTRAL OF GEORGIA
RAILWAY.
(Current Scneautes corrected to fats.)
(7&th Meridian Tims.)
DEPART UR6S.
For Savannah and Macon . .. ••7:3onm
For Dublin and Savannah •2:4f»pir.
For Savannah and Macon **B:4opm
For Savannah and Macon Ilk:4opm
For Savannah, "Tybeo, limited" l!7:0i)um
ARRIVALS.
From Savannah ui.d Macon ... ••7:sopm
From Savannah and Macon . ..••S 50am
From Savannah and Macon ....!U: loam
From Puhlln and Savannah... .*l2:4(>ptn
From Savan h "Tybee Limited" 1112.4(mmii
•Dally. ••lSxcept Sunday. MHundny only.
Drawing Room Sleeping Cnrs between
Augusta and Savannah on night trains.
Connects at Mlllen with through sleep
ing cars to and from Macon. Atlanta,
Columbus, Birmingham amt Chlonoo, Ilia.
F. F POWERS, W. W. HACKKTT.
Cotn’l. Act Trnv. Pass. Agt.
785 Broad St.
A T LAN TIC
Coast Line
NOTBJ- These arrivals and departures
are given an information, but at rival snd
connect ions are not guaranteed.
No. 83. „ No. 8b
North May 7. 1908. South.
2:3opm Lv Augusta .... Ar. 10: OOan
4:ospm Lv ltarnwell ~,,1.v. 7:1>5a0
4:Bopm Lv..., Denmark . ...Lv. 7:55un
s:o9pm Lv-.. Orangeburg ...Lv. 715 um
8 50pm LV Sumter Lv. b oOam
7:55pm Lv.... Florence . ...Lv. 4:4oam
6:loam Ar.s.. Richmond .... Lv. 7 Zhpni
9:f*onm Ar... VCw.shlngtcn .. .Lv. :t tfipni
. ll:2onmAr ... Baltimore . ...l,v. 2 13pm
I:4lpm Ar . W l’hlla Lv. 11-imam
4:lspm Ar i»w York. 23d St Lv. tt.Jbnm
UTIL/ .MAN PARLOR CARS between
Augusta and Now York without mange.
Dining Car Sorvl/e, Florence to New
York.
L. D. M'CtTLLUM.
Agent, 807 Broad :4t.
T C. WlllTW, W. .1 CtjAM
Gen. Pori. Agent. Pass Frail Mgi
Wilmington. N. $
UPWARD TREND IN
STOCK MARKET
IS NOTED
By THOMAS C. 6HOT WELL.
NKW YORK Stork* cloned buoyant
to4uy mi(l'*r of Union I'HCtrtc
Houtln rn I’iirltlr and Hto#*l pr*f*rroii. Alt
•if tin sc inmlc new high rftciorrt* for ih**
yrnr and Houtlin-n Purflr one* sold
tt lllglu st prlrf». Th 4 Wli ilra.ltl l*r*o|.l«
it I'd* 111 iking k-"y*l l Mi i< .',»>» t**r I* lid
th* market with Hoti»h*rn Ihicllh and
th**v h*v«' i sfi)t**d n'to lll.it it Hhill
tourh J 25 In fltr |no*nsi rnmpnigii «fi4
tb;it Union Piiclflr *hnll touch 175. the
KHinf prnplK talk'ng f-»r In.tool
Idsiifd (Jhk. Th«**A rtgurr* urf glv n no»
ah tipn on th*' ln> mi •$ iiiHttf-r
of nrw* to «hnw Ju« hJ.v ronneft* »t tl»f»
Hlnmtnrd Oil propin tg, bo HUll
ni.W da. iIK lit r »>»• »* *0 * «t!o ft
Nothing of n*W« Important* drvrlop
n| toduy to Mcrourit for thf ndv.in< o if
♦ h*» market. Th** b*»nk M 4 n(«niorit Mhnw
«*d ;• large w;nln In Minpln ncnv i o*».J
tin* I<on<l«m n.i w*t w; h vriy n’long In
ihr Ami’ilciM I>»*prtr'tnrnf.
Oil tin* Oolmlt mark** alo» km wnr*
vnr y artlvft with InvowlmrniM i,. 1*144
Hhlftrd from NiplHKlng •(» IjH On * .1.1
(‘oh.ilt <’».*ritral. O'hcr actlvo *trw k* on
tin* curb wero N*v*4*. <'on*nlnJ,ttf |,
j ('uniborliind, KIV and Hay Mtuta tin*.
i*o non wun vnry ••trurty, fluel'nthm*
only about. 30 rant* h halt*. 'I ho ialvor
| niorr rornrr K«»#nr»g to b* it thing of thr
! 1 >-1 #*t, (bain win Mtrong
LIBERAL OFFERING
SENT WHEAT DOWN
The. Market Cloned Weak
and FeatnrcleH and Corn
and Oats Also Felt Effects
of Decline.
t'lllt’AdO • Wli* I’ J* It ft* OH t.lf |iWll
tmriK" 4**cllt»«*f| ttfitrJy I chit Hafur*
duy >l* h r**ult of liberal *alo* by p«istii>
Inffnt hifiK* The market r|o*ff<| »*nK
tit nlinoH( Ihr bottom < lorn and o**l*
affciird by brink In who*r
.usd cloned weak. I’roVinton* how* v< r
wer# ntrady
W#*tH*fl Wheat r* < (*lpi* War* 3/0,19 1
ig ilnkt 493,444 liu/tbffi* a y*nr ago
Inrri'iiHlng r« < «'lptN of apt lag wh<vst at
Mlnniaipollfl Had weak cabl**, «l»ng wHb
,Ib** l*#nrl*h effect on corn of llm ral.i
f:• II c** tjf**'d the cereal to Change com
pletely the m**od of th* preceding day**
of the week At the rloftc there wera
5 *1 cent * de* tin* u$ each of th*: iu.t\vw
feature*.
FINANCIAL
THE NATIONAL BANK OF AUGUSTA
707 BROAD STREET, ; . ,
ORGANIZED 1865. »
CAPITAL, SURPLUS AND PROFITS $4503)00.00
L. C. HAYNE, President. CHAS. R. CLARK, Cashier.
BEGINNING AUG. IST, 1908, this Bank will pay 1 per cent In
terest un CERTIFICATES OF DEPOSITS. Then. will
he issued by us in sums ot 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 fime if
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 blinking business of
merchants and corporations. Wo pay 4 Per Cent
Interest on all deposits placed in our Savings Dept.
YOUR ACCOUNT INVITED.
Help Yourself and not Others
by using our new Coupon Certificate of Deposit. Principal and
lnlereat always available negotiable Interest n( four per cent
four times a year. Can be used by those at a. distance :ih well
as those who come in person. Wa Invite your business—issued
In Augusta only by the.
Merchants Bank
Capital and Surplus, $300,000.00
THE EXPERIENCE
of thousands of our depositors Is Identical with that of Hie person
who has not begun 9w save The hardest part about the whole bust
uohh for them wan $w STARTING POINI. After the lee was broken
and the start made H was found to he an easy matter to lay
aside a certain sum each week or mouth Ami li la certainly aaton
lulling how rapidly a bank account grows, especially when 4 per
ynt Interest. Is aided to It each six nionlha Come In and make
your start tomorrow morning early.
■'WHERE SAVINGS ARE SAFE.”
THE AUGUSTA SAVINGS BANK
BS3 BROAD STREET.
AUGUSTA GRAIN
AND PROVISIONS
Murphcy ft Co. quotp prices on Au
gusts grain, provision snd produce ns
j follows:
1 D. S, sides, I.', Hi, an 1 , 9%c,
D. H Plates, Blh svs .. .
I» H bidllcs, 22 ll> avr, 1064 c.
Hmokcd sides, 45 lb avo., 104,c .
Hniokcd Shouldors, 8 10-lh, 964 c.
No. | I'lrnlc hams, 6 8 lbs, 9 I 4c.
Dov,. brand hama, I l-lb, 1664®.
Cspltol City hams, 11-lb, 16c
It. <; Brcakissl. bacon 1364 c.
Best white corn, sl.Ol.
Itcst mixed corn, SI.OO.
Best whit,, oats, 66c.
Purina chick feed, 100 lbs, $2.20.
Chicken feed, 50 lbs., 95c.
Corn chop*, 96 lbs., SI.BO.
Dairy feed, 100 lbs., $1.46.
Pur,, wheat middlings, $1.50,
Pure wheat bran, 9 i .40.
Virginia 11. P. peanuts, flr.
22 ill cream cheese, 1f,64c.
Best second patent flour, $4.00.
Htuudurd patent flour, $1.90.
Fancy patent flour, $5.00.
Wooicott's Royal High patent
flour, $6.25.
.larboes Royal high patent flour,
$5 40.
Ethereal, highest patent flour,
$5.80,
The above prices on flour 18* and
14s cotton; wood 13'' mon-
Cotton sheets, full size, SI.OO,
2-!b new hugging, 7 64 r .
2 lli standard pieced bagging, 6c.
2 Ih sugar bag doth, 564c.*
New arrow lies, $1.0664-
Whole rebundle tics, 9064 c,
Riveted ties, 70c.
No, | Ea. Hyrtip, 2bbl*, 38
Whim clover drips, tibia, 30c.
Gold Mine N, O Hyrtip, bins , 26c.
pure Cuba Molasses, bids, 31c,
C. O Molasses, hills., 15c,
c C, leaf lard, 50-lb cans, 11c,
May Blossom K. If lard, 50 Ih cans,
1164 c.
Fidelity K It, lard, tubs or cans,
12c
Hnow Drift, lioglcss lard, 60 lit
cans, 9 I 4c.
Texas Comp lard 50-lb cans, 894 c.
Lard In tierces, 1 4c ii-ss; In 60 lb
tubs, I 8c less.
N Y C 'an. sugar, hbl*., $5.30.
N Y. Gran sugar, 4. 25111) tan*
$5 355.
N o Grim sugar, bills only, $5.1(1.
Sugar f o h. coast, 10c leas,
96 lb pearl grits, all sizes $2 20
Georgia Country Meal, 90 lb $1 96.
Georgia Country Meal, 48 Ih, 99c.
Georgia Country Meal, 2t lb, 50c,
No, 1 Alfalfa hay, per lon, $23 00
No. •) Timothy hay, per ton. $17.50.
No. 1 Pea Vine hay, per ton, $20.09.
PAGE SEVEN
FINANCIAL
COTTON HIGHER
HN THE GLHSE
Some of the Advance Lost,
But, Final Figures Show
ed Net. Gain Four to Elev
en Points in Now York .
N.KW YORK -The cotton market
opened steady at an advance of 16
points on August and of 5 a ti points
on the laier monlhs In response rt>
heller cullies lji,n ex peeled and cover
ing for over the week end and th*
government report which Is expected
on Tuesday. There seemed, however,
to he no Important support In the
market and after the active months
had Hold shout 9 points net higher,
the markei became rather unsettled
and irregular under selling by brokers
who were believed to be operating for
one ot the Old Wall street bud*.
The market closed steady with
prices net 4 a II points higher.
Receipts at I lie ports today 11,000
hales a gainst 6,767 last, week and
4,592 last your. Kor the week
100,000 titles against 71,486 last week
and 48,022 lasi year. Today's rc
celpts 111 New Orleans 370 hales
i.gainst 446 lasi year and at. Houston
6,620 hales against 4,400 last year.
THE MONEY MARKET,
NKW YOltK Muncy on call, nominal;
no Phi ns. Time loans easy; *lO (lays,
I 1-2 to 2 ami 90 days. 2 1-4, si months
:i 1 t ni :i I :. Close, llrm. Mercantile
paper 3 3 t In 4 I l per cent; sterling
ce.shange today wlih actual taislm-a., in
hankers Idlls at Ist :., it 4*4.26 Tor il't
days and 4*9.80 nl l> Jnt ipmiml.
Couimcrrlnl bill* H 3-4 ill 4-4 1- : lusr
silver r.J 1-2. Mexican dollars 4s.
No 1 Vetch hay, per too, $lB 00.
New Bermuda ha., per ton, $15.50
Cotton Heed meal, $21.00.
Cotton Hc-eil hulls, pi r lon, $9 o#.
Common green coffee, 7 Mu,
Htaildard green coffee se.
Fancy green coffee, 964 C,
Cracked rice, 364®.
Japan rlee, 6c.
Medium head rice, f 640.
Head rice, 58ir,
Fancy head rice, 6640. *
Keros /ae oil 13c
Halt, eolton lm(f«, 50<k,
Texas It, 1* oats, 67c.
Georgia SnnJ r/e ( (1